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Encore Wire Corporation (WIRE)

NasdaqGS - NasdaqGS 即時價格。貨幣為 USD。
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279.36-3.67 (-1.30%)
收市:04:00PM EDT
279.36 0.00 (0.00%)
收市後: 04:20PM EDT
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    Encore Wire Stock Surges on $4.2 Billion Takeover by Italy’s Prysmian

    Encore Wire stock was surging Monday after the copper and aluminum cable and wire maker announced that it has entered into an agreement to be acquired by Prysmian for about €3.9 billion, or $4.2 billion. Prysmian an Italian cable maker, will pay $290 a share in cash to buy Encore a premium of 11% to the stock’s closing price on Friday of $260.98. “This transaction maximizes value for Encore Wire shareholders and provides an attractive premium for their shares,” Encore Chief Executive Daniel Jones said in a press release.