CR News and Press, Crane Co. From 06/03/19

This article explains the reasons behind the movement in a selection of the largest U.S. cash merger arbitrage spreads from the past week as calculated by Merger Arbitrage Limited . We analyze the attractiveness and profitability of each spread going forward and indicate the trading position ...

This article is part of a series that provides an ongoing analysis of the changes made to Alex Roepers' 13F portfolio on a quarterly basis. It is based on Roepers' regulatory 13F Form filed on 05/15/2019. Please visit our Tracking Alex Roepers' Atlantic Investment Management Portfolio arti...

Multi-industrial Crane ( CR ) had indicated before that they were interested in M&A, particularly synergistic deals in the fluid handling and/or aerospace businesses, and now it’s clear that they’re serious about it. After trying unsuccessfully to engage the board in a frie...

This rating action follows the announcement that Crane ( CR -0.5% ) launched a hostile take-over bid to acquire CIRCOR in a transaction that would be valued at more than $1.7B. More news on: Crane Co., Read more ...

Circor ( CIR +39.9% ) rejects Crane's ( CR -1.2% ) hostile takeover proposal , saying the offer "substantially undervalued Circor and its future prospects, and did not constitute a basis for engaging in further dialogue with Crane at this time." More news on: CIRCOR International, I...

All-cash proposal represents a 47% premium over the market close yesterday, and 37% and 51% premiums over the three- and six-month volume weighted average share prices, respectively Provides a superior alternative to CIRCOR’s prospects as a standalone company Provides certai...

I’ve liked Ingersoll-Rand ( IR ) for a little while and thought it was still one of the better ideas in the multi-industrial space back in late January , but I wasn’t expect quite this level of performance, as Ingersoll-Rand has outdone even Honeywell ( HON ), though still l...

Crane 's (CR) first quarter results, and the reaction to them, sort of remind me of what happens when you have a smart dog and you do the "pretend to throw the ball but actually don't" trick. While the growth in this first quarter looked very strong, it's not going to last, and the underlying...

Crane Co (CR) Q1 2019 Earnings Conference Call April 30, 2019, 10:00 ET Company Participants Jason Feldman - Director, IR Max Mitchell - President, CEO & Director Richard Maue - SVP & CFO Conference Call Participants Brett Linzey - Vertical Research Partners Krist...

The following slide deck was published by Crane Co. in conjunction with their 2019 Q1 earnings Read more ...