Brief: CIRCOR International Enters Into Amended Definitive Merger Agreement With KKR At $56.00 Per Share In Cash

CIRCOR International

29/06/2023 23:26

June 29 (Reuters) - Circor International Inc  CIR.N :
    * CIRCOR INTERNATIONAL ENTERS INTO AMENDED DEFINITIVE MERGER
AGREEMENT WITH KKR AT $56.00 PER SHARE IN CASH
    * CIRCOR INTERNATIONAL INC - STOCKHOLDERS POTENTIALLY
RECEIVE
ADDITIONAL CASH CONSIDERATION IF TRANSACTION NOT CLOSED BY
OCTOBER 31, 2023
    * CIRCOR INTERNATIONAL INC - BOARD RECOMMENDS THAT
STOCKHOLDERS
VOTE IN FAVOR OF AMENDED KKR TRANSACTION
    * CIRCOR INTERNATIONAL INC - TRANSACTION REMAINS ON TRACK TO
CLOSE
IN Q4 OF 2023
    * CIRCOR INTERNATIONAL INC - EXPECTS TO FILE PRELIMINARY
PROXY
MATERIALS WITH U.S. SECURITIES AND EXCHANGE COMMISSION NEXT WEEK
    * CIRCOR INTERNATIONAL: GOT AMENDED DEAL FROM KKR AFTER
RECEIPT OF
PROPOSAL FROM ARCLINE INVESTMENT MANAGEMENT TO BUY CO FOR $57
PER SHARE IN CASH
    * CIRCOR INTERNATIONAL INC - KKR WILL PROVIDE A FULL EQUITY
BACKSTOP FOR CONSUMMATION OF MERGER
    * CIRCOR INTERNATIONAL: KKR'S AMENDED AGREEMENT OFFERS
GREATER
FINANCING CERTAINTY, A CLEARER AND FASTER PATH TO GETTING
ANTICIPATED ANTITRUST APPROVALS

Source text for Eikon:  ID:nBw925K4da 
Further company coverage:  CIR.N 

 ((Reuters.Brief@thomsonreuters.com;))