Atkore Is Getting Bought for $3.8 Billion — Shareholders Just Won a 30% Premium

Atkore agreed to be acquired by Prysmian for $95 a share in cash — a roughly 30% premium — and beat on earnings the same morning. For shareholders, this is the good kind of surprise: a takeover at a premium. There are two ways a stock jumps 26% before the market even opens, and the […]