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Circor International Inc - CIR STOCK NEWS

Welcome to our dedicated news page for Circor International (Ticker: CIR), a resource for investors and traders seeking the latest updates and insights on Circor International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Circor International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Circor International's position in the market.

Rhea-AI Summary
CIRCOR International completes acquisition by investment affiliates of KKR for $56.00 per share
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-100%
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Rhea-AI Summary
CIRCOR International, Inc. announces Q2 2023 financial results with revenue of $209 million, up 9% YoY. Aerospace & Defense revenue and orders also increased by 9%. GAAP operating income decreased by 20%, but adjusted operating income increased by 75%. The company expects to complete a pending transaction with CubeBid Co, Inc. in Q4 2023.
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0.02%
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4.93%
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0.22%
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Rhea-AI Summary
Arcline Investment Management has submitted a proposal to acquire 100% of the shares of CIRCOR International for $57.00 per share, representing a premium of 12% to the revised merger agreement with KKR. The offer has a total valuation of over $59.00 per share.
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4.25%
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Rhea-AI Summary
CIRCOR International has accepted a proposal from KKR to increase the price of its merger agreement from $49 to $51 per share in cash. The all-cash transaction will be valued at $1.7 billion, including debt assumption. KKR has also agreed to provide a full equity backstop and increase the termination fees. The Board unanimously supports the amended merger agreement.
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7.45%
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Rhea-AI Summary
CIRCOR International, Inc. has entered into a definitive agreement to be acquired by investment funds managed by KKR in an all-cash transaction valued at approximately $1.6 billion. KKR will acquire all outstanding shares of CIRCOR common stock for $49 per share in cash, representing a 55% premium to the Company’s closing stock price on June 2, 2023.
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51.06%
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-0.53%
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9.98%
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5.95%
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Circor International Inc

NYSE:CIR

CIR Rankings

CIR Stock Data

1.14B
20.07M
2.12%
92.57%
3.24%
Other Aircraft Parts and Auxiliary Equipment Manufacturing
Manufacturing
Link
US
Burlington

About CIR

circor international is a global manufacturer specializing in highly engineered, complex, and severe environment products that serve long-term, high growth infrastructure markets, including oil and gas, power generation, industrial, and aerospace & defense.circor. excellence in flow control.