{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-095443","form_type":"8-K","ticker":null,"cik":"0000850460","company_name":"ENCORE WIRE CORP","filed_at":"2024-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.142620+00:00","generated_at":"2026-06-03T23:12:58.777727+00:00","sec_items":["1.01","5.03","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Encore Wire to be acquired by Prysmian for $290/share cash (~€3.9B EV)","bullets":["Price of $290.00/share in cash; additional $0.0635/share per day after Apr 14, 2025 if closing delayed.","Premium of ~20% to 30-day VWAP and ~29% to 90-day VWAP as of Apr 12, 2024.","Implied EV of ~€3.9B; multiples of 8.2x 2023A EBITDA and 6.3x including run-rate synergies.","Go-shop period ends May 19, 2024; termination fees of $146.54M (Encore) and $180M (Prysmian reverse).","Closing expected by Apr 14, 2025, subject to shareholder vote, HSR clearance, and other conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-095443","json":"https://secwatch.observer/filing/0001193125-24-095443.json","markdown":"https://secwatch.observer/filing/0001193125-24-095443.md","text":"https://secwatch.observer/filing/0001193125-24-095443.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/850460/000119312524095443/0001193125-24-095443-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/850460/000119312524095443/d809980d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:12:58.777727+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e6537f048f49987f915e86f4ed2af923cd7bf7cf","claim":"ENCORE WIRE CORP entered into Agreement and Plan of Merger with Prysmian S.p.A., Applause Merger Sub Inc., and Prysmian Cables and Systems USA, LLC valued at $290.00 per share in cash (effective 2024-04-14).","evidence_excerpt":"On April 14, 2024, Encore Wire Corporation, a Delaware corporation (“ Encore ” or the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) by and among the Company, Prysmian S.p.A., a company organized under the laws of the Republic of Italy (“ Parent ”), Applause Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“ Merger Sub ”), and solely as provided in Section 9.12 therein, Prysmian Cables and Systems USA, LLC, a Delaware limited liability company (“ Guarantor ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/850460/000119312524095443/0001193125-24-095443-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Prysmian S.p.A., Applause Merger Sub Inc., and Prysmian Cables and Systems USA, LLC"},{"label":"Value","value":"$290.00 per share in cash"},{"label":"Effective","value":"2024-04-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}