PROXY CORNER: BrightPoint Inc.

BrightPoint Inc., 7635 Interactive Way, Suite 200, Indianapolis 46278 (www.brightpoint.com), provides worldwide distribution and integrated logistics services to the wireless communications industry. The company announced July 2 that it had agreed to be acquired by California-based Ingram Micro for $650 million in cash and the assumption of $190 million in debt. For the first quarter of 2012, BrightPoint earned $2.64 million, or 4 cents per share, on revenue of $1.37 billion. In the same period a year earlier, BrightPoint earned $9.30 million, or 13 cents per share, on revenue of $1.11 billion. BrightPoint shares trade on NASDAQ under the ticker CELL. Information for Proxy Corner came from Yahoo Finance and the company’s proxy statement dated March 23, 2012. View full Proxy Corner feature

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