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8-K - FORM 8-K - CRANE CO /DE/ | y02981e8vk.htm |
Crane Co.
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NEWS | |
Contact: | ||
Richard E. Koch | ||
Director, Investor Relations | ||
and Corporate Communications | ||
203-363-7352 | ||
www.craneco.com |
Crane Co. Completes Acquisition of Merrimac Industries, Inc.
STAMFORD, CONNECTICUT February 3, 2010 Crane Co. (NYSE: CR), a diversified manufacturer of
highly engineered industrial products, today announced the successful completion of its acquisition
of all of the issued and outstanding shares of Merrimac Industries, Inc. (AMEX: MRM) through a
short-form merger. The merger follows Cranes successful acquisition of more than 90 percent of the
issued and outstanding Merrimac shares through a tender offer completed earlier today. Merrimac is
now a direct, wholly-owned subsidiary of Crane.
Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855,
Crane provides products and solutions to customers in the aerospace, electronics, hydrocarbon
processing, petrochemical, chemical, power generation, automated merchandising, transportation and
other markets. The Company has five business segments: Aerospace & Electronics, Fluid Handling,
Engineered Materials, Merchandising Systems, and Controls. Crane has approximately 10,000
employees in North America, South America, Europe, Asia and Australia. Crane Co. is traded on the
New York Stock Exchange (NYSE:CR). For more information, visit www.craneco.com.
2010 6
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