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wiredInUSA - March 2014
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Cubs Acquisition Corporation, a wholly owned
subsidiary of Southwire Company, has successfully
completed its previously announced tender offer for
all outstanding shares of common stock of Coleman
Cable Inc.
The offer expired on 10
th
February 2014 and following
consummation of the offer, Southwire expected to
complete the acquisition of Coleman through a
merger. Upon completion of the merger, Coleman will
become a wholly owned subsidiary of Southwire.
Stuart Thorn, CEO and president of Southwire, said:
“Our team is looking forward to working together with
Coleman to solidify our position at the forefront of
the wire and cable industry, and continue providing
world-class service to our customers. We are very
excited to welcome our Coleman colleagues to the
Southwire family and are motivated by the possibilities
in front of us.”
Southwire
acquisition