{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-137875","form_type":"8-K","ticker":"CR","cik":"0001944013","company_name":"Crane Co","filed_at":"2025-06-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.528349+00:00","generated_at":"2026-05-19T17:35:11.623080+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Crane Company to acquire Precision Sensors & Instrumentation from Baker Hughes for $1.06B","bullets":["Purchase price of $1,060M after adjusting for ~$90M NPV of tax benefits.","PSI expected 2025 sales of ~$390M and adjusted EBITDA of ~$60M.","Transaction meets Crane's financial criteria including 10% ROIC by year five.","Closing expected end of 2025 or early 2026, subject to regulatory approvals.","Crane estimates post-acquisition net debt to adjusted EBITDA ratio of ~1x."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-137875","json":"https://secwatch.observer/filing/0001193125-25-137875.json","markdown":"https://secwatch.observer/filing/0001193125-25-137875.md","text":"https://secwatch.observer/filing/0001193125-25-137875.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1944013/000119312525137875/0001193125-25-137875-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1944013/000119312525137875/d62192d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T17:35:11.623080+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}