Crown Holdings (CCK) Stock

Crown's offer of $3.65 per share is the only option for Revance stockholders and has been fully approved by the Revance Board of Directors. Teoxane has decided to withdraw its earlier proposal and will sell its 6.2% share in Revance to Crown. The tender offer will end at 11:59 p.m. Eastern Time on February 4, 2025.

LOS ANGELES, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a top provider of advanced technology solutions for communities and the environment, has revealed that its Element 82 division will play an important part in Pittsburgh Water's project to replace lead pipes, thanks to its exclusive partnership with Electro Scan Inc.

Crown Castle Inc. (CCI) has been in the news lately. Market sources report that the investment firm TPG is in advanced discussions to purchase the fiber division of the tower operator for around $8 billion.

LOS ANGELES, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) has announced a plan to conduct a reverse stock split at a ratio of 1-for-150 shares. This change will take effect on Thursday, January 30, 2025, allowing Crown's common stock to continue trading on The Nasdaq Capital Market under the same ticker symbol, “CRKN.” The new CUSIP number for the stock will be 228339 503, which will show the updated share structure.

Mr. Mayer has over 45 years of experience in the pipeline industry, specializing in large diameter pipelines. Crown has launched a new construction division that will provide services like fiber optics, lead pipe detection, and solutions for XXL pipelines. The company has appointed Andrew ("Andy") Mayer as the President of Crown Construction to enhance its ability to tackle important infrastructure issues.

HOUSTON, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) has shared important tax reporting details for its 2024 distributions as of the end of the year.

The offer price has been raised to $3.65 per share, which is an increase of $0.55 per share. The Revance Board of Directors has unanimously approved this improved offer. Crown will extend the tender offer until 11:59 p.m. Eastern Time on February 4, 2025, and it is the only fully-financed offer available to Revance's stockholders, with a termination date set for February 7, 2025.

Crown Castle is thinking about selling its fiber business to TPG for $8 billion, which could help them concentrate on their main tower operations. Although the company has a high dividend yield, it may not be sustainable and could be reduced if the fiber sale goes through, affecting future payments. Additionally, Crown Castle's financial situation is under pressure due to high debt and increasing interest costs, so reducing debt will be important if the sale occurs.

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