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CIRCOR To Evaluate Crane's Offer - Quick Facts

CIRCOR International, Inc. (CIR) said its board of directors will review Crane's tender offer to acquire all of the outstanding shares of CIRCOR. The company plans to announce a decision within ten business days. CIRCOR advised its shareholders to take no action at this time.

Crane Co. (CR) has commenced an unsolicited tender offer to acquire CIRCOR common stock for $45 per share in cash. Crane Co said the tender offer provides CIRCOR shareholders the opportunity to send a clear message to the company's Board.

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