Crane Co. (CR) Announces 66.77% of CIRCOR (CIR) Shares Supported Offer upon July 19 Tender Expiration

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Crane Co. (CR) Declares $0.39 Quarterly Dividend; 1.8% Yield

July 23, 2019 5:47 AM EDT

Crane Co. (NYSE: CR) declared a quarterly dividend of $0.39 per share, or $1.56 annualized.

The dividend will be payable on September 9, 2019, to stockholders of record on August 31, 2019, with an ex-dividend date of August 29, 2019.

The annual yield on the dividend is 1.8 percent.

For... More

CIRCOR (CIR) Comments on Expiration of Crane's (CR) Unsolicited Tender Offer, Says it Remains Open to any Transaction in Best Interests of Shareholders

July 22, 2019 7:31 AM EDT

CIRCOR International, Inc. (NYSE: CIR) today issued the following statement in response to the expiration of Crane Co.s (NYSE: CR) (Crane) unsolicited tender offer:

CIRCOR is executing a detailed plan to deliver substantial... More

Over 50% of CIRCOR (CIR) Shares Expected to Be Tendered at $48 - Sources

July 18, 2019 7:37 PM EDT

Despite CIRCOR's (NYSE: CIR) continued defiance to a takeover by Crane (NYSE: CR), over 50% of the shares are expected to be tendered at $48 per share into the July 19th midnight expiration, market sources... More