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Stock Market & Financial Investment News

News Breaks
December 21, 2012
05:09 EDTCRCrane to acquire MEI Conlux Holdings for approximately $820M
Crane announced that it has signed an agreement to purchase 100% of the equity interests in MEI Conlux Holdings and its affiliate MEI Conlux Holdings from Bain Capital and Advantage Partners. The purchase price is approximately $820M on a cash free and debt free basis, representing 9.6 times MEI's estimated 2012 EBITDA of $85M. MEI, a leading provider of payment solutions for unattended transaction systems, serves customers in the transportation, gaming, retail, service payment and vending markets.
News For CR From The Last 14 Days
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June 13, 2013
10:05 EDTCROn The Fly: Analyst Initiation Summary
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08:47 EDTCRCrane initiated with an Outperform at Imperial Capital
Target $68.
June 6, 2013
08:06 EDTCRBofA/Merrill's aerospace/defense analyst holds analyst/industry conference call
Aerospace & Defense Analyst Epstein, along with Richard Aboulafia, Vice President of Analysis at Teal Group, preview the upcoming Paris Air Show (6/17-6/23) on an Analyst/Industry conference call. Relevant covered companies BA, BEAV, COL, CR, DGI, ERJ, ESL, GD, GRMN, HEI, HII, HXL, LLL, LMT, NOC, PCP, ROLL, RTN, SPR, TDG, TGI, TXT, UTX, VSAT and WAIR may be included on the Analyst/Industry conference call to be held on June 11 at 10 am.

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