๐ฐ ATKR rockets +28% as Prysmian snaps up Atkore for $95/share in all-cash deal
Atkore $ATKR is surging 28% this morning after Italian cable giant Prysmian agreed to acquire the U.S. electrical products maker for $95 per share in cash. That is a meaningful premium for shareholders and marks one of the bigger industrial M&A moves of 2026. The all-cash structure gives shareholders certainty, though regulatory review still lies ahead. Are you sitting on ATKR โ do you take the money or hold out hoping for a competing bid? Not financial advice.