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General Cable (BGC) agrees to acquire Alcan Cable, the wire and cable business of Rio Tinto...
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Monday, May 21, 2012, 8:22 AM ETGeneral Cable (BGC) agrees to acquire Alcan Cable, the wire and cable business of Rio Tinto (RIO), for $185M in cash. BGC says it expects to use its revolving credit facility to principally fund the transaction. BGC +0.7%, RIO +1.9% premarket.
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