Arrow Electronics, 3.3 million common shares, with 2.64 million shares offered in the United States.

After the acquisition, Rabasca will have 20 employees and billings estimated at $17 million from clients like Arrow Electronics.

Jabil Circuit and Arrow Electronics both warned investors this week that profits would be disappointing.

Arrow Electronics, with headquarters in Melville, also hired Enchanted Parties for its corporate picnic.

Arrow Electronics of Melville will cut about 400 jobs, or 3 percent of its global work force, the company said Wednesday.

Arrow Electronics is a Fortune 500 company headquartered in Inverness, Colorado.

The business was incorporated as Arrow Electronics, Inc. in 1946.

Arrow Electronics is the world's largest distributor of electronic and computer products.

The seller was Arrow Electronics of Melville.

Arrow Electronics agreed to buy Anthem Electronics in a stock swap that was valued at $416.4 million.