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General Cable (BGC) agrees to acquire Alcan Cable, the wire and cable business of Rio Tinto...

  • Monday, May 21, 2012, 8:22 AM ET
    General 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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This news story has 2 comments:

  • Sweetie isn't exactly revolving, but she is chasing her tail since she bought a few RIO shares.
    21 May 2012, 10:00 AM Reply Like
  • We continue to buy RIO and buy BGC as a binary stock to RIO.

    ACEMAN, Cafe Maubillon, Paris.
    24 May 2012, 03:24 PM Reply Like
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