Encore Wire’s Stockholders approved the acquisition by Prysmian

Prysmian communicates that at a special meeting of Encore Wire Corporation’s (NASDAQ: WIRE) stockholders held earlier today, a majority of the outstanding shares of Encore Wire’s common stock were voted in favor of the adoption of the merger agreement pursuant to which Prysmian will acquire Encore Wire for $290.00 per share.

 Subject to the satisfaction or waiver of the remaining customary closing conditions, Prysmian currently anticipates that the acquisition will be consummated on July 2, 2024.