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Friday, June 29, 2012

#privateequity deals @danprimack @cnnmoney @fortunemagazine @resilient_ent #bennyquetell


Abax Global Capital has agreed to acquire Chinese wire-maker Fushi Copperweld Inc. (Nasdaq: FSIN) for approximately $364 million, or $9.50 per share (21% premium to yesterday's close). Fushi co-CEO Li Fu is participating in the deal alongside Abax. www.fushicopperweld.com 

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