# Crane proposes $45-per-share all-cash takeover of Circor International

Crane Co proposed to acquire Circor International for $45 per share in cash, a 47% premium to Circor's closing price. Circor's board rejected the April 30 proposal, and Crane made it public on May 21, 2019.

- Type: Acquisition
- Announced: 2019-05-21
- Where: United States
- Value: $894.0M
- Status: announced
- Products: valves, pumps, fluid handling products
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Crane Co.](https://endata.com/companies/1347.md) (acquirer)
- [CIRCOR International](https://endata.com/companies/2122.md) (target)

## Sources

- [worldpumps.com](https://www.worldpumps.com/content/news/crane-makes-proposal-to-acquire-circor), 2019-05-21: "Crane makes proposal to acquire Circor. Crane Co has submitted a proposal to acquire Circor International Inc for US$45 per share."
- [reuters.com](https://www.reuters.com/article/world/americas/pumps-and-valves-maker-crane-makes-894-million-hostile-bid-for-rival-circor-idUSKCN1SR11S/), 2019-05-21: "Crane's cash offer of $45 per share represents a premium of about 47% to Circor's closing price on Monday."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.