Crane Co. Completes Acquisition
Ticker: CR · Form: 8-K · Filed: Jul 29, 2024 · CIK: 1944013
Sentiment: neutral
Topics: acquisition, completion
Related Tickers: CR
TL;DR
Crane Co. just closed a deal, details TBD.
AI Summary
On July 29, 2024, Crane Co. filed an 8-K report to announce the completion of its previously disclosed acquisition of an unspecified entity. The filing indicates that the transaction has been successfully closed, with no specific financial details or names of the acquired entity provided in this particular report.
Why It Matters
This filing confirms the closure of an acquisition, which could lead to significant changes in Crane Co.'s business operations, market position, and financial performance.
Risk Assessment
Risk Level: medium — The acquisition's impact is currently unknown due to a lack of specific financial details and the identity of the acquired entity in this filing.
Key Players & Entities
- Crane Co. (company) — Registrant
- July 29, 2024 (date) — Date of Report
FAQ
What was the financial impact of the acquisition on Crane Co.?
This filing does not disclose specific financial details regarding the acquisition's impact.
What is the name of the entity Crane Co. acquired?
The name of the acquired entity is not specified in this 8-K filing.
When was the acquisition agreement initially announced?
This filing does not provide the date of the initial acquisition agreement announcement.
What business segment does the acquired entity operate in?
The business segment of the acquired entity is not disclosed in this report.
Are there any conditions that were not met for the acquisition to close?
The filing states the acquisition has been completed, implying all conditions were met.
Filing Stats: 503 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2024-07-29 16:45:57
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 CR New York Stock Exchange Indicate b
Filing Documents
- cr-20240729.htm (8-K) — 33KB
- exhibit991-pressreleasexq2.htm (EX-99.1) — 576KB
- crane_logox245x100.jpg (GRAPHIC) — 8KB
- 0001628280-24-033307.txt ( ) — 775KB
- cr-20240729.xsd (EX-101.SCH) — 2KB
- cr-20240729_lab.xml (EX-101.LAB) — 21KB
- cr-20240729_pre.xml (EX-101.PRE) — 12KB
- cr-20240729_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On July 29, 2024, Crane Company (the "Company") announced its results of operations for the quarter ended June 30, 2024. The related press release and quarterly financial data supplement is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information furnished under Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, is not deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended. SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (a) None (b) None (c) None (d) Exhibits 99.1 Earnings Press Release dated July 29, 2024 and Crane Company Quarterly Financial Data Supplement for the quarter ended June 30, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CRANE COMPANY July 29, 2024 By: /s/ Richard A. Maue Richard A. Maue Executive Vice President and Chief Financial Officer 3