In a blockbuster move in wire and cable, privately held wire giant Southwire, Carrollton, Ga., announced that it will acquire publicly traded Coleman Cable, Waukegan, Ill., and a deal valued at approximately $786 million. Under the companies' definitive merger agreement, Southwire will acquire Coleman for $26.25 per share in cash, including the assumption of $294 million in net debt. Coleman's board unanimously approved the deal, which the companies expect to close in the the first ...
Verified Website Registration Required to Access this Content
Only registered, verified users have access to Gold content.
By registering on Electrical Wholesaling Magazine now, you'll not only gain access to Southwire To Acquire Coleman Cable, you'll get exclusive access to a large archive of premium content.
If you have already registered, please verify your account credentials to access this content.
(Email verification can be re-sent by going to your account)