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Coleman Cable exploring potential sale, reports say

Oct. 30, 2013 3:59 PM ETColeman Cable, Inc. (CCIX) StockCCIXBy: Carl Surran, SA News Editor
  • Shares of Coleman Cable (CCIX +9.2%) have maintained strength after earlier reports said the maker of electrical wire and cable products is exploring a potential sale that could fetch more than $750M.
  • Jefferies is said to be advising on the sale process, which is expected to draw interest mainly from larger cable and wire manufacturers.

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