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General Cable (BGC) Alert: Johnson Fistel Investigates Proposed Sale of General Cable Corporation; Is $30.00 a Fair Price for Shareholders?SAN DIEGO, Dec. 4, 2017 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of General Cable Corporation ("General Cable") (NYSE: BGC) breached their fiduciary duties in connection with the proposed sale of the Company to Prysmian Group ("Prysmian"). General Cable develops, designs, manufactures, markets, and distributes copper, aluminum, and fiber optic wire and cable products for the energy, industrial, construction, specialty, and communications markets. On December 4, 2017, General Cable announced that it had signed a definitive merger agreement with Prysmian. Under the terms of the agreement, Prysmian will acquire each share of outstanding common stock of General Cable in exchange for $30.00 in cash. The investigation concerns whether the General Cable board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether te board obtained the best price possible for General Cable shares of common stock. If you are a shareholder of General Cable and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. If emailing, please include a phone number. About Johnson Fistel, LLP: Contact: View original content:http://www.prnewswire.com/news-releases/general-cable-bgc-alert-johnson-fistel-investigates-proposed-sale-of-general-cable-corporation-is-3000-a-fair-price-for-shareholders-300565815.html SOURCE Johnson Fistel, LLP 
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