---
title: "AstroNova to Be Acquired by Arcline Affiliates for $29 Per Share in All-Cash Deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290054709.md"
description: "AstroNova has entered into a merger agreement to be acquired by affiliates of Arcline Investment Management for $29.00 per share in an all-cash deal. Upon closing, AstroNova will become a wholly owned subsidiary. The transaction is subject to shareholder approval, HSR clearance, and other customary conditions."
datetime: "2026-06-17T12:43:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290054709.md)
  - [en](https://longbridge.com/en/news/290054709.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290054709.md)
---

# AstroNova to Be Acquired by Arcline Affiliates for $29 Per Share in All-Cash Deal

AstroNova entered into an Agreement and Plan of Merger with Orion Merger Parent and Orion MergerCo X, affiliates of Arcline Investment Management, to be taken private for $29.00 per share in cash. Upon closing, MergerCo will merge into AstroNova, which will become a wholly owned subsidiary of Parent. The transaction is subject to shareholder approval, HSR clearance, and other customary conditions, and includes customary termination and reverse termination fee provisions.

**Agreement details:**

-   **Agreement type**: Agreement and Plan of Merger
-   **Counterparty**: Orion Merger Parent and Orion MergerCo X (affiliates of Arcline Investment Management)
-   **Signed / Effective**: Jun 16 2026 / N/A
-   **Reason**: Take-private sale to Arcline affiliates for cash consideration

Original SEC Filing: AstroNova, Inc. \[ ALOT \] - 8-K - Jun. 17, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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