US Stock Movement: Atkore surges 26% premarket after agreeing to be acquired by Prysmian in an all-cash deal

Golden Ten Data, August 3rd｜Atkore surged 26% pre-market, trading at $92.11. On Monday, Atkore announced it has reached a definitive agreement with Prysmian, under which Prysmian will acquire Atkore for $95 per share in an all-cash transaction. Atkore stated that the deal has received unanimous approval from both companies’ boards of directors and is expected to be completed by the end of 2026.