Crane Co. Reports 66.77% of CIRCOR Shares Supporting Offer upon July 19 Tender Expiration
Crane Holdings, Co. (CR)
Last crane holdings, co. earnings: 4/27 05:01 pm
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US:NYSE Investor Relations:
ir.craneco.com
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Source: Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, today reported on the results of its previously announced cash tender offer to acquire all outstanding shares of CIRCOR International, Inc. (NYSE: CIR) for $48 per share, which expired at 12:00 midnight, New York City Time, on July 19, 2019.As of the expiration of the tender offer, a total of 13,027,781 CIRCOR shares had been validly tendered and not validly withdrawn from the tender offer (including 393,225 shares tendered by notice of guaranteed delivery but not yet delivered), representing, together with shares owned by Crane, approximately 66.77% of all CIRCOR shares issued and outstanding.Max Mitchell, Crane Co. President and Chief Executive Officer, said: “We appreciate the overwhelming support we received from CIRCOR shareholders. Given this resounding result, it is hard for us to imagine how CIRCOR’s Board and management are not engaging with us to n
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News
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- Crane (NYSE: CR) had its price target raised by analysts at UBS Group AG from $120.00 to $152.00. They now have a "neutral" rating on the stock.MarketBeat
- Crane (NYSE: CR) had its "buy" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $157.00 price target on the stock.MarketBeat
- Coin Sorter Market To Reach USD 9.0 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
CR
Earnings
- 4/22/24 - Beat
CR
Sec Filings
- 5/22/24 - Form SD
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- CR's page on the SEC website