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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 HWC...
HOUSTON, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it has entered into a definitive asset purchase agreement for the sale of its Southwest Wire Rope business, a leading provider of lifting slings and wire rope and rigging products...
HOUSTON, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it completed the sale of its Southern Wire business, a leading wholesale distributor of wire rope and rigging products, to Southern Rigging Companies. The sale closed on December ...
Houston Wire & Cable (HWCC) inks asset purchase agreement for the sale of its Southern Wire business, a wholesale distributor of wire rope and rigging products, for a purchase price of $20M.HWCC expects to use the net sales proceeds to reduce debt. The transaction is expected to close at ...
HOUSTON, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq: HWCC) today announced that it has entered into a definitive asset purchase agreement for the sale of its Southern Wire business, a leading wholesale distributor of wire rope and rigging products, for a purc...
HOUSTON, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ: HWCC) (the “Company”) announced operating results for the third quarter ended September 30, 2020 and progress on its continuing cost and debt reduction programs. Third Quarte...
HOUSTON, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq:HWCC) announced today that the company will release Third Quarter 2020 results after market close on Thursday, November 5 th , 2020. As previously announced, the company has discontinued the practi...
HOUSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (NASDAQ: HWCC) (the “Company”) announced operating results for the second quarter ended June 30, 2020 and progress on its cost and debt reduction programs. Revenue of $66.8 million ...
Searching For Wonderful Businesses: Encore Wire In a previous article I discussed Hingham Institution for Savings ( HIFS ), a regional bank that has produced exceptional shareholder returns over the long term in spite of operating in the highly commodified industry of retail banking. Dif...
HOUSTON, July 30, 2020 (GLOBE NEWSWIRE) -- Houston Wire & Cable Company (Nasdaq:HWCC) announced today that the company will release Second Quarter 2020 results after market close on Thursday, August 6 th , 2020. As previously announced, the company has discontinued the practice of ho...
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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...
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...
NEW YORK, NY / ACCESSWIRE / April 23, 2021 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New...