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Fly News Breaks for May 21, 2019
FLOW, FLS, ITT, CIR, CR
May 21, 2019 | 11:57 EDT
Stifel analyst Nathan Jones says Crane's (CR) $45 per share offer for Circor (CIR) represents "good value" for Crane shareholders, particularly given Crane management's track record for generating above-target synergies and smooth integrations. Jones, who has a Buy rating and $103 price target on Crane, thinks there could potentially be one or two competing bidders with ITT (ITT) making the most sense to him, but also named Flowserve (FLS) and SPX Flow (FLOW) as companies that may be interested in Circor.
News For CR;CIR;ITT;FLS;FLOW From the Last 2 Days
CR
Apr 24, 2024 | 09:06 EDT
CR
Apr 24, 2024 | 08:49 EDT
