Bell sells Pitner, Pitner Supply Company for $1.3B
— The New England Bells company has sold Pitner office supplies business to a private equity firm, Bells said Monday.
The company had been seeking a buyer since last spring, and a deal was expected to close this week.
Pitner supplies include computers, printers, fax machines, faxes and other products.
Bells spokeswoman Erin Smith said the sale was finalized in August and was subject to regulatory approvals.
The company had about $1 billion in annual revenue, according to its most recent financial filing.