Crane Holdings announced that the U.S. SEC has declared effective the Registration Statement on Form 10 filed by Crane Company. The Form 10 relates to the company’s previously announced plan to separate into two independent and simplified businesses to optimize investment and capital allocation, accelerate growth, and unlock shareholder value. "We intend to complete the separation and distribution on April 3, 2023."
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CR: