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wiredInUSA - March 2014

24

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