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Crane Co proposed an all-cash deal at $45 per share to buy Circor International, a transaction described as worth $1.7 billion. Circor's board rejected the proposal, and Crane made it public on May 21, 2019.
“Industrial-products manufacturer Crane Co. said Tuesday that it was trying to buy another industrial-parts maker, Circor International, in a deal that would be worth $1.7 billion.”stamfordadvocate.com
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