Thieler Law Corp Announces Investigation of proposed Sale of General Cable Corporation (NYSE: BGC) to Prysmian Group

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of General Cable Corporation (NYSE: BGC) acted responsibly on behalf of investors’ profitability in the planned $3 billion sale to Prysmian Group.

On December 4, 2017, General Cable Corporation (NYSE: BGC) and Prysmian Group announced that they had entered into a merger agreement. Under the terms of the merger agreement, Prysmian will offer General Cable shareholders $30.00 per share in cash for all outstanding shares.    

Based in Highland Heights, Kentucky, and founded in 1992 General Cable Corporation develops, designs, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the energy, industrial, construction, specialty, and communications markets in North America, Europe, Latin America, and Africa/the Asia Pacific.

The investigation focuses on whether NYSE: BGC investors received the highest price and whether the directors of General Cable Corporation acted in the best interest of General Cable Corporation company and its shareholders.   

If you purchased General Cable Corporation (NYSE: BGC) prior to December 4, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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