GAMCO Announces Plan to Tender CIRCOR Shares
July 18 2019 - 3:00PM
Business Wire
GAMCO Investors, Inc. (NYSE: GBL) (“GAMCO”), announced today
that certain of its affiliates are participating in Crane Co.’s
(NYSE: CR) (“Crane”) revised tender offer to acquire all of the
outstanding shares of CIRCOR International, Inc.’s (NYSE: CIR)
(“CIRCOR” or the “Company”) common stock for $48.00 per share in
cash. The tender offer is scheduled to expire at midnight, New York
City Time, on July 19, 2019.
GAMCO again encourages CIRCOR’s Board of Directors (the “Board”)
to engage with Crane as well as any other interested parties for
the benefit of all stockholders.
GAMCO’s proxy voting committee will continue to monitor the
actions of CIRCOR’s Board as it considers the submission of
director nominations at the Company’s 2020 Annual Meeting of
Stockholders.
About GAMCO Investors, Inc.
GAMCO Investors, Inc. (NYSE:GBL), through its subsidiaries,
manages assets of private advisory accounts (GAMCO), mutual funds
and closed-end funds (Gabelli Funds, LLC), and is known for its
Private Market Value with a Catalyst™ style of investment.
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George Maldonado Director of Proxy Voting Services (914)
921-7733
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