Crawford & Company shares rise 3.50% intraday after Koch Equity Development, LLC completed the acquisition of Telcordia Technologies, Inc.
ByAinvest
Friday, Aug 22, 2025 1:48 pm ET1min read
CRD.B--
Crawford & Company rose 3.50% intraday. The company's stock price increase may be attributed to the acquisition of Telcordia Technologies, Inc. by Koch Equity Development, LLC for approximately $1 billion. This acquisition could potentially benefit Crawford & Company, as it may lead to increased business opportunities and revenue growth.
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