February 25, 1992 |
Bergen Brunswig Corp. said Monday that it has sold its Commtron subsidiary, the nation's largest distributor of movie videos, for $78 million to a Nashville-based company. Bergen is selling its 80% stake in Des Moines-based Commtron Corp. to focus solely on its drug distribution business, which accounts for 90% of the Orange company's sales and most of its profits. Ingram Entertainment, a unit of Nashville-based Ingram Industries, has agreed to pay Bergen and other Commtron shareholders $7.
November 9, 1998 |
David Ingram has resigned from the board of directors of Santa Ana-based Ingram Micro Inc., the company said Friday. Ingram, who is president and chairman of home video distributor Ingram Entertainment Inc. in La Vergne, Tenn., said he made the move to avoid potential conflicts of interest. Ingram said he is selling his online retailer SpeedServe Inc. to a significant customer of Ingram Micro.
November 22, 1999 |
Speaking of diversifying, Aliso Viejo-based Buy.com Inc. last week opened an online consumer electronics store, the first product line in which the company will have to go to more than one distributor. Buy.com, which has based its business on the notion of having the lowest prices, had previously dealt with only one distributor in each category in an effort to keep costs down. But unlike books, music and software, no single distributor offers a complete line of consumer electronics. Buy.
June 6, 1999 |
If you've ever bought anything over the Internet, chances are you've dealt with an Ingram. Operating in the background of the exploding world of electronic commerce, the Ingram family controls a $25-billion empire that consists of the biggest distributors in many of the leading online consumer-product categories: computer hardware, software, books, movies and video games. The family's holdings include Santa Ana-based Ingram Micro Inc.
May 10, 1999 |
Buy.com Inc., the Aliso Viejo-based online retailer, is having some trouble doing some buying of its own. Last week, the company launched the redesign of its Web store, including opening its music retailing area. The company had acquired several domain names that would allow customers to go directly to the music genre that interested them the most by typing something like http://www.buyjazz.com or http://www.buyclassical.com.
September 28, 1995 |
Setting the stage for what promises to be a substantial stock offering early next year, computer products distribution giant Ingram Micro Inc. said Wednesday that it will become a separate, publicly traded corporation as part of a planned breakup of its parent company. Ingram Micro, the world's largest distributor of personal computer products, is one of three entities that will be formed by the splintering of Ingram Industries, a sprawling, Nashville, Tenn.