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Encore Wire Corp WIRE

Industrials
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), service entrance cable (SER), photovoltaic, underground residential distribution wire (URD), tray cable, metal-clad and armored cable. The Company sells its products through manufacturers’ representatives to wholesale electrical distributors servicing the residential, commercial, industrial, and renewable energy sectors. The Company serves various markets, such as healthcare, data center, airport expansion, military bases, oil and gas, transit, wastewater treatment, school construction, and power generation. The Company’s products are made in America at its vertically integrated site, Texas campus.


NDAQ:WIRE - Post by User

Encore Wire Corp
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Post by whytestockson Apr 15, 2024 11:30am
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Post# 35989424

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

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

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