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Evans has also enjoyed a second career as a thoroughbred race horse owner and breeder.
"It is hard for us to imagine how Circor’s board and management are not engaging with us to negotiate a transaction to deliver significant value to their shareholders," said Max Mitchell, president and CEO of Crane.
The board of Circor, based in Burlington, Massachusetts, has twice voted unanimously to reject Crane's offers.
After Circor's board rejected Crane's takeover bid, Crane President and CEO Max Mitchell derided that company's short-term plans as "yet another set of empty promises."
The results included the firm’s December acquisition of Crane Currency, a Boston company that for nearly 140 years has supplied the paper used to make U.S. currency, for $800 million.
Boston's Crane Currency designs and manufactures secure and highly-engineered banknotes for more than 50 central banks in the world.