Coleman Cable, Waukegan, Ill., said it has made an unsolicited offer to buy Technology Research Corp. (TRC), Clearwater, Fla., maker of electrical safety products, for $5.50 per share. TRC in turn has adopted a shareholder rights plan “to protect the interests of the company and all its shareholders.”
“We have attempted to engage TRC’s board of directors on a number of occasions and we are disappointed that rather than engaging in constructive dialogue with Coleman, TRC’s board instea
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