Crane Co. (CR) Announces 66.77% of CIRCOR (CIR) Shares Supported Offer upon July 19 Tender Expiration
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Crane Co. Reports 66.77% of CIRCOR Shares Supporting Offer upon July 19 Tender Expiration
July 22, 2019 6:30 AM EDTSTAMFORD, 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As of the expiration of the tender offer, a total of 13,027,781 CIRCOR shares had been validly tendered and not validly withdrawn from the tender offer (including 393,225 shares tendered by notice of guaranteed delivery but not yet... More
