Plus   Neg

Crane Says 66.77% Of CIRCOR Shares Tendered To Offer - Quick Facts

Diversified manufacturer Crane Co. (CR) reported Monday the results of its previously announced cash tender offer to acquire all outstanding shares of CIRCOR International, Inc. (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of the expiration of the tender offer, a total of 13.03 million CIRCOR shares had been validly tendered and not validly withdrawn from the tender offer (including 393,225 shares tendered by notice of guaranteed delivery but not yet delivered), representing, together with shares owned by Crane, approximately 66.77% of all CIRCOR shares issued and outstanding.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Target Corp. (TGT) announced a retail collaboration with Walt Disney Co. (DIS) that will open 25 Disney stores within select Target stores nationwide on October 4, with 40 additional locations opening by October 2020. Target will also open a store at Flamingo Crossings Town Center at the western entrance of the Walt Disney World Resort in 2021. Whole Foods Market stores have recalled Decorated Red Apple Cookies as they may contain undeclared egg. People who have an allergy or severe sensitivity to these allergens run the risk of serious or life-threatening allergic reaction if they consume these products. The cookies were sold by the... Norwex has announced voluntary recall of about 58,000 rubber brooms due to laceration hazard. According to the company, handles of the recalled brooms can break in half, exposing a metal inner rim, posing a laceration hazard to the user. The recall involves extendable indoor/outdoor white rubber...
Follow RTT