secwatch.observer — SEC 8-K summary
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Issuer:     CIRCOR INTERNATIONAL INC (—)
CIK:        0001091883
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001140361-23-048598
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KKR completes acquisition of CIRCOR for $56.00 per share; company goes private
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- Merger closed Oct 18, 2023; CIRCOR shareholders received $56.00 per share in cash.
- Total equity value of transaction approximately $1.2 billion; company becomes wholly owned subsidiary of KKR.
- Shares of CIRCOR common stock ceased trading on NYSE; delisting and deregistration pending.
- All previous directors resigned; Tony Najjar and Arjun Sharma appointed as directors of surviving corporation.
- New $650M term loan and $75M revolving credit facility entered into to finance the merger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1091883/000114036123048598/0001140361-23-048598-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1091883/000114036123048598/ef20012725_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-048598

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