Atkore Is Said to Explore Potential Sale Amid Activist Pressure

Atkore Inc. is exploring options including a potential sale after coming under pressure from an activist investor, people familiar with the matter said.

The electrical manufacturing company could provide an update on its sale deliberations when it reports quarterly earnings on Thursday, according to the people.

Atkore shares were up around 1.3% at 10:26 a.m. in New York trading Wednesday, giving the company a market value of about $2.2 billion. The stock has fallen more than 20% in the past year.

The Harvey, Illinois-based company could appeal to both strategic and private equity buyers, the people said. A representative for ...