EnerSys to acquire Ultralife in a $320 million all-cash deal
FROM THE WIRE · FINANCE.YAHOO.COM
Ultralife Corporation NEWARK, N.Y., Oct. 27, 2026 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ: ULBI) today announced that it has entered into an Agreement and Plan of Merger ("merger agreement") with EnerSys (NYSE: ENS) under which upon closing EnerSys will acquire…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA cash deal with a high premium on the target stock, mainly relevant for Ultralife shareholders.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01EnerSys will acquire Ultralife for about $320 million, including the assumption of net debt.
- 02Ultralife shareholders will receive $16.00 in cash for each share they own.
- 03The price represents a 166% premium to Ultralife's closing price on October 26, 2026.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Ultralife Corporation6.24 USDMarket closedtoday +3.83%Positive EnerSys174.17 USDMarket closedtoday +2.83%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets