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CDW COMPUTER CENTERS INC. TO HOLD INITIAL PUBLIC OFFERING OF COMMON STOCK

 NORTHBROOK, Ill., May 20 /PRNewswire/ -- CDW Computer Centers, Inc., a direct marketer of MS-DOS/Microsoft Windows based microcomputers and peripheral products at discounted prices, announced that it has filed with the Securities and Exchange Commission a registration statement relating to an initial public offering of 1 million shares of its common stock through William Blair & Company.
 All the shares of the common stock being offered will be sold by the company, with the net proceeds to be used for repayment of short-term bank indebtedness, the funding of a distribution of undistributed S corporation earnings and partial repayment of a loan made to the company by the current sole stockholder.
 Prior to this offering, there has been no public market for the common stock. It is anticipated that the public offering price will be between $11 and $13 per share and is expected in early June.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 NOTE: Microsoft and MS-DOS are registered trademarks and Windows is a trademark of Microsoft Corporation.
 -0- 5/20/93
 /CONTACT: Phil Dunne of Minkus & Dunne, 312-541-8787, for CDW; or Michelle Collins of William Blair & Co., 312-236-1600/


CO: CDW Computer Centers, Inc. ST: Illinois IN: CPR SU: OFR

TM-WB -- NY002 -- 0606 05/20/93 09:01 EDT
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Publication:PR Newswire
Date:May 20, 1993
Words:296
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