---
title: "AstroNova agrees to be acquired by Arcline for USD 29 per share in cash"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290053032.md"
description: "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."
datetime: "2026-06-17T12:31:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290053032.md)
  - [en](https://longbridge.com/en/news/290053032.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290053032.md)
---

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

-   AstroNova agreed to be acquired by Arcline Investment Management in an all-cash deal valuing the business at about USD 272 million. \* Shareholders are set to receive USD 29 per share; the company is expected to become privately held once the deal closes. \* The offer implies a 209% premium to the April 6, 2026 close, or about 120% to the 90-day VWAP through June 16, 2026. \* Closing is targeted for the third quarter of 2026, subject to shareholder and regulatory clearances. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AstroNova Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260617421616) on June 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

### Related Stocks

- [ALOT.US](https://longbridge.com/en/quote/ALOT.US.md)

## Related News & Research

- [AstroNova to Be Acquired by Arcline Affiliates for $29 Per Share in All-Cash Deal](https://longbridge.com/en/news/290054709.md)
- [11:51 ETShareholder Alert: Ademi LLP investigates whether AstroNova, Inc. is obtaining a Fair Price for Public Shareholders](https://longbridge.com/en/news/290077802.md)
- [AstroNova GAAP EPS of $0.08, revenue of $39.4M](https://longbridge.com/en/news/289053649.md)
- [13:50 ETSHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of AstroNova, Inc. (NASDAQ: ALOT)](https://longbridge.com/en/news/290088430.md)
- [Key facts: AstroNova Q1 Revenue +4.4%; Strategic Review, Royalty Ends](https://longbridge.com/en/news/289150412.md)