Atkore Inc.

ATKR: 8-K · acquisition merger

Prysmian S.p.A. completed its acquisition of Atkore Inc. on October 19, 2026, with each Atkore share converted into the right to receive $95.00 in cash, for an aggregate of approximately $3.3 billion funded by equity and debt financing. In connection with closing, Atkore terminated its credit facilities and repaid all obligations, and redeemed its $400 million of 4.25% Senior Notes due 2031 at 102.125% of principal plus accrued interest. Atkore stock has been halted and withdrawn from listing on the NYSE under the symbol ATKR, with a Form 25 filed and a Form 15 deregistration to follow. All pre-merger directors and officers departed, with a new board and officers appointed by Prysmian as sole stockholder.

SEC 8-K•6d ago

ATKR: 8-K · proxy statement

Atkore stockholders approved the merger agreement with Prysmian S.p.A. at a special meeting on October 7, 2026, with 27,600,871 shares voting for, 21,281 against, and 18,885 abstaining. The vote clears a key condition for Prysmian to acquire Atkore via its merger sub, with Atkore surviving as a wholly owned subsidiary of the Italian cable maker under the August 2, 2026 merger agreement. Stockholders also approved, on an advisory basis, merger-related executive compensation (23.4M for, 4.1M against) and the adjournment proposal. The transaction can now proceed toward closing, after which ATKR common stock would cease independent trading.

SEC 8-K•18d ago

ATKR: 8-K · acquisition merger

Atkore Inc. reported that the waiting period under the Hart-Scott-Rodino Act for its pending merger with Prysmian S.p.A. expired effective 11:59 p.m. Eastern Time on September 14, 2026, clearing a key U.S. antitrust condition for the transaction. Under the Agreement and Plan of Merger dated August 2, 2026, Trinity Merger Sub, Inc., a wholly owned subsidiary of Italy-based Prysmian S.p.A., will merge with and into Atkore, with Atkore surviving as a wholly owned subsidiary of Prysmian. The parties filed their HSR notifications on August 14, 2026. Completion of the merger remains subject to remaining customary conditions, including adoption of the merger agreement by holders of a majority of Atkore's outstanding shares and receipt of other regulatory approvals. Atkore's definitive proxy statement was first mailed to stockholders on or around September 9, 2026.

SEC 8-K•1mo ago

ATKR: DEFM14A · acquisition merger

Atkore Inc. filed its definitive merger proxy for the special meeting on October 7, 2026, where stockholders will vote on the $95.00-per-share all-cash acquisition by Prysmian S.p.A. under the Merger Agreement dated August 2, 2026. The Board unanimously recommends voting FOR the merger, and directors and officers holding about 0.7% of shares intend to vote in favor. The $95.00 cash consideration represents roughly a 30% premium to the $72.96 close on July 31, 2026 (last trading day before announcement) and approximately 57% to the $60.69 close before Atkore's strategic review was disclosed in September 2025. The stock closed at $93.87 on September 8, 2026, just below the deal price, with closing targeted by calendar year end 2026. Completion requires majority stockholder approval plus antitrust clearances — the HSR waiting period is expected to expire September 14, 2026, with additional filings in Austria, Australia and Canada — and Prysmian may need to make specified divestitures affecting Atkore's business. If the deal fails, Atkore remains independent but the stock could decline significantly, and Atkore owes Prysmian a $115.92 million termination fee in specified circumstances; the cash-out is a taxable event for U.S. holders.

SEC DEFM14A•1mo ago

ATKR: PREM14A · acquisition merger

Atkore Inc. filed a preliminary merger proxy confirming its board unanimously approved an all-cash acquisition by Italy's Prysmian S.p.A. at $95.00 per share, roughly a 30% premium to the $72.96 close on July 31, 2026 and approximately 57% above the $60.69 price before Atkore launched its initial strategic review. Stockholders will vote at a special meeting on adopting the merger agreement, requiring approval from holders of a majority of outstanding shares. The deal is targeted to close by calendar year end 2026, pending expiration of the HSR waiting period scheduled for September 14, 2026 and clearances in Austria, Australia and Canada; Prysmian has no financing condition. If completed, ATKR will be delisted from the NYSE and deregistered, and Atkore may owe Prysmian a $115.92 million termination fee in specified circumstances. Both Citigroup and J.P. Morgan delivered fairness opinions on the $95.00 consideration, and stockholders have Delaware appraisal rights available.

SEC PREM14A•1mo ago

Atkore Inc. Announces Third Quarter 2026 Results

Atkore Inc. entered into a definitive agreement to be acquired by Prysmian S.p.A. in an all-cash transaction for $95.00 per share, representing an enterprise value of approximately $3.8 billion. Third quarter net sales increased 8.1% year-over-year to $794.8 million, while Adjusted EBITDA rose 4.7% to $104.7 million; however, GAAP net income fell to $0.7 million due to a $50 million litigation settlement expense. The Board declared a quarterly dividend of $0.33 per share payable August 28, and the company canceled its standard earnings conference call due to the pending transaction.

•2mo ago

Atkore Inc. to be Acquired by Prysmian for $95.00 per Share in Cash

Atkore agreed to be acquired by Prysmian S.p.A. in an all-cash transaction valued at approximately $3.8 billion, with shareholders receiving $95.00 per share. The purchase price represents a 30% premium to Atkore's closing price on July 31, 2026, and a 57% premium to the closing price prior to the strategic review announcement. The transaction has been unanimously approved by both boards and is expected to close by the end of calendar year 2026, subject to shareholder and regulatory approvals. Atkore canceled its standard earnings conference call but will host a call for noteholders, having issued its third quarter results via a separate press release.

•2mo ago

Atkore Inc. Declares Quarterly Dividend

Atkore's Board of Directors declared a quarterly cash dividend of $0.33 per share on the company's common stock. The dividend is payable on August 28, 2026 to stockholders of record as of August 18, 2026. The company reported fiscal year 2025 sales of $2.9B and employs approximately 5,400 people.

•2mo ago