Southwire Company and Coleman Cable, Inc. Announce Expiration of HSR Waiting Period

CARROLLTON, Ga. and WAUKEGAN, Ill., Jan. 15, 2014 /PRNewswire/ -- Southwire Company ("Southwire") and Coleman Cable, Inc. (NASDAQ: CCIX) ("Coleman") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act") relating to the previously announced tender offer for all outstanding shares of common stock of Coleman by Southwire and Cubs Acquisition Corporation, a wholly-owned subsidiary of Southwire ("Purchaser"), at a price of $26.25 per share in cash, net to the seller in cash, without interest, less any applicable withholding taxes. Accordingly, the tender offer condition relating to the expiration of the applicable waiting period under the HSR Act has been satisfied.

The tender offer and withdrawal rights are scheduled to expire at 12:00 midnight, New York City time, on February 3, 2014 (one minute after 11:59 P.M., New York City Time, on February 3, 2014), unless extended or earlier terminated in accordance with the terms of the merger agreement, dated as of December 20, 2013, among Southwire, Coleman and Purchaser. The completion of the tender offer remains subject to the satisfaction or waiver of other customary conditions as described in the tender offer statement on Schedule TO filed with the Securities and Exchange Commission (the "SEC") on January 6, 2014.


2014/01/16 09:01:13 Source：online.wsj.com

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