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HOUSTON and WEST CHESTER, Pa., June 15, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ:HWCC) (HWCC) and Omni Cable, LLC (OmniCable) today announced that the acquisition of HWCC by OmniCable has been completed, following approval of the transaction by HWCC stockholders at a special meeting earlier today. The transaction was announced on March 25, 2021. Under the terms of the merger agreement, HWCC stockholders will receive $5.30 in cash for each share of HWCC common stock they hold. As a result of the completion of the merger, HWCC common stock will be removed from listing on the Nasdaq Global Market, and Nasdaq will suspend trading in HWCC shares as of the close of business
HOUSTON, April 29, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ:HWCC) (HWCC) has postponed its Annual Meeting of Stockholders in light of its proposed merger with a subsidiary of Omni Cable, LLC (OmniCable) pursuant to the Agreement and Plan of Merger dated as of March 24, 2021, among OmniCable, its subsidiary and HWCC. The 2021 Annual Meeting of Stockholders was to have been held on May 25, 2021, but because the HWCC Board of Directors anticipates that the merger transaction will close in the second quarter of 2021, the Board determined that the Annual Meeting should be postponed. A postponed Annual Meeting will be held (and the meeting date, record date and related date
HOUSTON, Texas and WEST CHESTER, Pa., March 25, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ: HWCC) (HWCC) and Omni Cable, LLC (OmniCable) today announced that they have entered into a definitive agreement under which OmniCable will acquire all outstanding shares of HWCC common stock for $5.30 per share in an all-cash transaction valued at $91 million. The price represents a premium of 39% to HWCC’s unaffected closing price of $3.80 on March 24, 2021 and an 89% premium to the $2.81 average closing price for the preceding 12-month period. The transaction was unanimously approved by HWCC’s Board of Directors. All HWCC directors and officers have agreed to vote their shares,
25-NSE - Houston Wire & Cable CO (0001356949) (Subject)
15-12B - Houston Wire & Cable CO (0001356949) (Filer)
S-8 POS - Houston Wire & Cable CO (0001356949) (Filer)
4 - Houston Wire & Cable CO (0001356949) (Issuer)
4 - Houston Wire & Cable CO (0001356949) (Issuer)
4 - Houston Wire & Cable CO (0001356949) (Issuer)
SC 13G/A - Houston Wire & Cable CO (0001356949) (Subject)
SC 13D/A - Houston Wire & Cable CO (0001356949) (Subject)
SC 13G/A - Houston Wire & Cable CO (0001356949) (Subject)