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Stock impact report

SPX Technologies Completes Acquisition of Crawford United

SPX Corporation (SPXC) 
Last spx corporation earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: GlobeNewswire
CHARLOTTE, N.C., Feb. 06, 2026 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE: SPXC) (“SPX” or the “Company”) announced today that it has completed its acquisition of Crawford United Corporation (OTC: CRAWA) (“Crawford United”), a Cleveland-based holding company with a broad portfolio of highly engineered air handling and industrial products. Crawford United’s shareholders voted in support of the transaction and, pursuant to the merger agreement governing the transaction, Crawford United was merged with a subsidiary of SPX, with holders of Class A and Class B common stock of Crawford United being entitled to receive, after adjustments for satisfaction of indebtedness and payment of expenses, cash consideration of approximately $83.86 per share, representing an aggregate transaction value of approximately $300 million. In connection with the acquisition, Crawford United’s shares of common stock will cease trading on the OTC Pink Limited Market before the open of market today. The Show less Read more
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