Notable Mergers and Acquisitions 10/13: (TBIO) (K) (CIR) (ATHM)
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Stifel Raises Price Target as Circor (CIR) Announces Critical Flow Solutions Acquisition
October 17, 2016 8:18 AM EDTStifel reiterated a Buy rating on CIRCOR International (NYSE: CIR), and raised the price target to $62.00 (from $60.00), following the company's announced agreement to acquire Critical Flow Solutions (CFS). The purchase price of $210 million is ~9x EBITDA and is expected to be EPS... More
