Ending Multiyear Drama, KKR To Buy Circor For $1.6 Billion

Circor fluid control device
Credit: Circor
Circor has agreed to be bought by private-equity investor KKR for $1.6 billion in cash, capping a multiyear corporate drama at the pump, valve and fluid-controls specialist that included a hostile takeover effort, restated earnings documents, CEO turnover and a search for new owners. Under the...

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