Houston Wire & Cable Co, a major specialty wire and cable distributor to the U.S. maintenance & repair market, priced 8.5 million shares at $13 Wednesday evening, the midpoint of its proposed $12 - $14 price range. Insiders sold 4.25 million shares on the offering. William Blair and Robert Baird were the joint book runners on the deal. Expect the stock to being trading on the NASDAQ Thursday morning under the symbol "HWCC."
