KKR Again Raises Bid For Circor, Offering 77% Premium

Credit: Circor
Private equity (PE) investors at KKR hope the third time is the charm after they agreed to top up their bid yet again for Circor, this time to $56 per share. That is far above the $49 and $51 that were both agreed to until third-parties bidders forced further plus-ups. KKR and Circor made the...

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