Apollo Global sweetens bid for Tech Data in $6 billion deal
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(Reuters) - Private equity firm Apollo Global Management has raised its bid to take Tech Data private in a deal valued at about $6 billion (£4.6 billion), the U.S. information technology equipment distributor said on Wednesday.Excluding debt, the deal is valued at about $5.14 billion, up from a previous offer of $4.77 billion, according to Reuters calculations.Tech Data shareholders will now receive $145 per share in cash, up from $130 per share, representing a premium of 12.4% to the stock's..