With the merger closed and ATKR delisting, the stock will no longer trade on the NYSE. Monitor for the Form 15 filing to terminate SEC reporting obligations.
Price Chart
Executive Summary
Prysmian S.p.A. completed its acquisition of Atkore Inc. on October 19, 2026, for $95.00 per share in cash, totaling approximately $3.3 billion. All outstanding ATKR shares were converted into the right to receive the merger consideration, and the stock will be delisted from the NYSE. The entire board and senior management were replaced by Prysmian appointees, and the company's credit facilities and $400 million in senior notes were repaid and terminated.
Key Facts
- Merger completed on October 19, 2026, with Atkore shareholders receiving $95.00 per share in cash.
- Aggregate merger consideration approximately $3.3 billion, funded by equity and debt financing.
- ATKR common stock to be delisted from NYSE and deregistered under the Exchange Act.
- All $400 million aggregate principal amount of 4.25% Senior Notes due 2031 redeemed at 102.125% of par.
- All existing directors and officers replaced by Prysmian appointees; Andrea Pirondini named President and CEO.
- Certificate of incorporation and bylaws amended and restated to reflect post-merger governance.
Financial Impact
Shareholders received $95.00 per share in cash, a ~30% premium to the pre-announcement price of $72.96. Total deal value approximately $3.3 billion.
Risk Factors
- Pending shareholder litigation (Smith v. Edmonds et al.) alleging inadequate disclosures in the proxy statement; could delay or impose costs on the merger, though the deal has closed.
- Regulatory or tax complications from the cross-border structure (Italian buyer, U.S. target).
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001666138-26-000041 |
| Exhibit: ex31atkorecertificateofi.htm | 0001666138-26-000041 |
| Document: atkr-20261019.htm | 0001666138-26-000041 |
| Document: 0001666138-26-000041-index-headers.html | 0001666138-26-000041 |
| Document: 0001666138-26-000041-index.html | 0001666138-26-000041 |
| Document: 0001666138-26-000041.txt | 0001666138-26-000041 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 8d ago | 25-NSE | $94.97 | awaiting T+20 | — | — |
Oct 19, 2026 8d ago | 8-K | $94.97 | awaiting T+20 | — | — |
Oct 8, 2026 19d ago | 8-K | $94.84 | awaiting T+20 | — | — |
Sep 29, 2026 27d ago | DEFA14A | $94.75 | awaiting T+20 | — | — |
Sep 15, 2026 6w ago | DEFA14A / 8-K | $94.55 $94.88 | ▲ +0.35% | ▼ −2.63% | — |
Sep 9, 2026 6w ago | DEFM14A | $94.21 $94.85 | ▲ +0.68% | ▼ −1.26% | — |
Aug 28, 2026 8w ago | PREM14A | $93.60 $94.60 | ▲ +1.07% | ▲ +0.81% | — |
Aug 26, 2026 8w ago | Institutional Cluster | $93.63 $94.47 | ▲ +0.90% | ▼ −0.31% | — |
Aug 3, 2026 12w ago | DEFA14A | $93.53 $93.63 | ▲ +0.11% | ▲ +1.34% | — |
Aug 3, 2026 12w ago | DEFA14A | $93.55 $93.69 | ▲ +0.15% | ▼ −1.09% | — |
US Market Status
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