AstroNova agrees to be acquired by Arcline for USD 29 per share in cash

PUBT
2026.06.17 12:31
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AstroNova has agreed to be acquired by Arcline Investment Management in an all-cash deal valued at approximately USD 272 million. Shareholders will receive USD 29 per share, representing a significant premium over recent trading prices. Upon closing, expected in the third quarter of 2026 subject to regulatory and shareholder approvals, AstroNova will become a privately held company.