SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):  June 7, 2001

AVNET, INC.
(Exact name of Registrant as Specified in its Charter)

New York (State or Other Jurisdiction of Incorporation)		1-4224 (Commission File Number)		11-1890605 (I.R.S. Employer Identification No.)
2211 South 47th Street, Phoenix, Arizona (Address of Principal Executive Offices)				85034 (Zip Code)

Registrant’s Telephone Number, Including Area Code — (480) 643-2000

Not Applicable
(Former Name or Former Address if Changed Since Last Report)

 

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Item 7. Financial Statements and Exhibits.

      (a) Inapplicable

      (b) Inapplicable.

      (c) Exhibits:

	99. Press Release of Avnet, Inc. dated June 7, 2001

Item 9. Regulation F-D Disclosure.

			The press release of Avnet, Inc. issued on June 7, 2001 is being filed as Exhibit 99 hereto.
			Management of Avnet, Inc. may, from time to time, comment on expectations concerning Avnet’s future financial performance during discussions with investors, the media, investment analysts, and others. To the extent management’s expectations differ during those discussions from the comments made by management in Avnet’s conference calls, such new expectations will be posted on the Investor Relations home page of Avnet’s web site.

No other item of this report form is presently applicable to the Registrant.

S I G N A T U R E

      Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

						AVNET, INC. (Registrant)
Date: June 7, 2001			By:			/s/Raymond Sadowski
						Raymond Sadowski Senior Vice President and Chief Financial Officer

 

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EXHIBIT INDEX

Exhibit Number		Description of Exhibit
99		Press Release of Avnet, Inc. dated June 7, 2001

 

June 7, 2001

SHAREHOLDERS APPROVE AVNET’S PROPOSED ACQUISITION
OF KENT ELECTRONICS

Phoenix, AZ/Houston, TX —Avnet, Inc. (NYSE:AVT) and Kent Electronics Corporation (NYSE:KNT) announced today that the acquisition of Kent Electronics Corporation by Avnet, Inc. has been approved by the shareholders of each company and is expected to close on Friday, June 8, 2001.

Houston, Texas-based Kent Electronics is among the largest publicly traded specialty electronics distributors and network integrators. Kent Components provides distribution and value-added services with a focus on interconnect, passive and electromechanical components. Kent Datacomm provides complete end-to-end networking solutions, including design, consulting, source selection, product configuration and installation, and warranty and technical support. Kent’s web site is located at www.kentelectronics.com.

Phoenix, Arizona-based Avnet, Inc., a Fortune 500 company with annual sales exceeding $12.3 billion, is one of the world’s largest distributors of semiconductors, interconnect, passive and electromechanical components, computer products and enterprise solutions and embedded systems from leading manufacturers. Serving customers in 63 countries, Avnet markets, inventories and adds value to these products and provides world-class supply-chain management and engineering services. Avnet’s Web site is located at www.avnet.com.