June 6, 2017 / 5:23 AM / in 6 months

BRIEF-Synnex to buy Westcon-Comstor Americas business

June 6 (Reuters) - Synnex Corp:

* Synnex to acquire westcon-comstor north america and latin america businesses

* Deal for $500 mln in stock and $100 mln in cash at closing

* Synnex - synnex will acquire datatec’s westcon-comstor Americas business and become minority shareholder in Datatec’s westcon emea and apac businesses

* Deal includes up to $200 mln earn out if certain financial targets are achieved through feb 2018

* $30 million for 10% ownership of datatec’s westcon emea and apac businesses

* Revenues for q2 ended may 31st are now estimated to come in above high end of guidance range of $3.575-$3.775 billion

* Non-Gaap eps is estimated to come in above high end of guidance range of $1.70 - $1.78 for q2

* Q2 earnings per share view $1.76, revenue view $3.66 billion -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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