Arrow Electronics CEO Michael Long has opened up on the rationale behind the sale of its IT asset dispositional (ITAD), revealing that it became harder to make it profitable as the market evolved. Arrow announced that it would be axing its ITAD business last month, branding it "not sustainable". On an earnings call transcribed by Seeking Alpha, Long talked investors through the changing dynamics in the business. "If you remember when we got it, it was a business that really benefited customers...
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