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
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.