Shares of Atkore Inc (NYSE:ATKR) rose sharply in pre-market trading, after the company posted upbeat third-quarter results and agreed to be acquired by Prysmian for $95.00 per share in all-cash deal.
Atkore reported quarterly earnings of $1.92 per share which beat the analyst consensus estimate of $1.56 per share.
The company reported quarterly sales of $794.800 million which beat the analyst consensus estimate of $761.233 million.
Atkore shares jumped 26.1% to $92.00 in pre-market trading.
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