Encore Wire (NASDAQ:WIRE) stockholders approve merger with Prysmian

Encore Wire Corporation (NASDAQ:WIRE) held a virtual special meeting of stockholders to vote on several proposals, with the primary focus being the Agreement and Plan of Merger with Prysmian.

The Merger Agreement Proposal was approved with 13,144,521 votes in favor, while the Compensation Proposal did not receive the requisite votes.

The company anticipates finalizing the merger around July 2, 2024, pending the satisfaction of closing conditions.