Bullboard - Stock Discussion Forum Encore Wire Corp WIRE

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Encore Wire Corporation is a manufacturer of electrical wire and cables, which is used to distribute power from the transmission grid to the wall outlet or switch. The Company offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2 and other types of wire products, including service entrance unarmored (SEU... see more

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Encore Wire Corp > Encore Wire to Be Acquired by Prysmian for $290.00 Per Share

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Post by whytestocks on Apr 15, 2024 11:30am

Encore Wire to Be Acquired by Prysmian for $290.00 Per Share

NEWS: $WIRE Encore Wire to Be Acquired by Prysmian for $290.00 Per Share in CashEncore Wire (NASDAQ: WIRE) today announced that it has entered into a definitive merger agreement under which Prysmian (BIT: PRY) will acquire Encore Wire for $290.00 per share in cash (the “Transaction”). The Transaction represents a premium of approximately 20% to the 30-day volum...WIRE - Encore Wire to Be Acquired by Prysmian for $290.00 Per Share in Cash