513 material Form 8-K filings that 427 companies we cover made with the SEC in November 2024, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Schneider National said on November 25, 2024 that its subsidiaries signed an agreement to acquire Cowan Systems, a privately owned Baltimore-based dedicated contract carrier, for about $390 million in cash, plus about $31 million for related real estate. The deal will be funded with existing cash and borrowings under a new term loan of up to $400 million, and the company expects it to close in the fourth quarter of 2024. Schneider says the acquisition is expected to be accretive to earnings per share within the first year, before synergies, which matters to shareholders because it adds debt and integration risk alongside the expected earnings benefit.
Purchase price of about $390 million in cash, net of cash acquired and certain adjustments, plus about $31 million for related real estate assets
Financed with existing cash on hand and borrowings under a 2024 Term Loan of up to $400 million, dated November 22, 2024 and maturing November 22, 2029
Cowan operates about 1,800 trucks and 7,500 trailers across more than 40 locations in the Eastern and Mid-Atlantic United States
Transaction expected to close in the fourth quarter of 2024; Schneider expects it to be accretive to earnings per share within the first year, before synergies
Old National Bancorp agreed to merge with Bremer Financial Corporation, a St. Paul, Minnesota bank holding company with $16.2 billion in total assets, in a deal the companies say is valued at approximately $1,401 million based on Old National's November 22, 2024 closing price. The combined company would have over $70 billion in assets, and the transaction is expected to close in the middle of 2025, subject to Bremer shareholder approval and regulatory approvals.
Each Bremer share converts into $26.22 in cash plus 4.182 Old National shares, or $116.76 per share based on the November 22, 2024 closing price
Otto Bremer Trust, which holds about 86% of Bremer common stock, has agreed to vote in favor of the merger
After closing, the Trust will hold an approximate 11% stake in Old National and a Trustee will join Old National's board
Closing is anticipated in the middle of 2025 and requires approvals from the OCC and the Federal Reserve Board
Applied Industrial Technologies agreed on November 21, 2024 to acquire all membership interests of Hydradyne, LLC, a Dallas-based fluid power distributor, from LOR, Inc. for $272 million, subject to customary post-closing adjustments and funded with cash on hand. Applied expects the acquisition to contribute about $260 million in sales and $30 million in EBITDA before anticipated synergies and to be accretive to EPS within the first 12 months of ownership, and it expects the deal to close in the fourth quarter of 2024 subject to regulatory and other conditions.
Purchase price is $272 million, paid in cash on hand, subject to post-closing adjustments for cash, indebtedness, transaction expenses and working capital
Applied expects Hydradyne to add about $260 million in sales and $30 million in EBITDA before synergies, and to be accretive to EPS within 12 months
Closing is expected in the fourth quarter of 2024, subject to HSR antitrust waiting period expiration; either party may terminate if not closed by March 21, 2025
Hydradyne has nearly 500 associates across 33 Southeastern U.S. locations and will become part of the Engineered Solutions segment
BioLife Solutions agreed to sell all shares of its wholly owned subsidiary Custom Biogenic Systems (CBS) to Standex International for an aggregate price of about $6.1 million, subject to adjustment, and the sale closed on November 14, 2024. The filing says the company also paid $2.0 million in accelerated share compensation to former employees and repaid about $1.5 million of CBS debt, and its pro forma figures show a $840,000 loss on the sale.
Buyer is Standex International Corporation; sale price is about $6.1 million, subject to adjustment, with closing on November 14, 2024
Company incurred $2.0 million in compensation expense from accelerating unvested shares for former employees who stayed with CBS
Company was required to repay about $1.5 million of CBS indebtedness; pro forma loss on sale of CBS is $840,000 as of September 30, 2024
Company will provide transition services to CBS and is bound by two-year non-compete and non-solicitation covenants
N-able said on November 20, 2024 that it completed its acquisition of Adlumin, Inc., a cybersecurity company that provides extended detection and response and managed detection and response services. The company paid $100 million in cash and 1,570,762 shares of its common stock at closing, with additional deferred cash and up to $30 million in earn-out payments tied to performance targets. The filing also gave updated fourth-quarter and full-year 2024 revenue and adjusted EBITDA outlooks.
Closed November 20, 2024: about $100 million in cash, subject to customary adjustments, plus 1,570,762 shares of common stock
Deferred cash of $120 million, paid as $52.5 million and $67.5 million on the first and second anniversaries of closing
Up to $30 million in earn-out payments in 2025 and 2026 based on performance metrics
Full-year 2024 total revenue outlook of $463.0 million to $464.5 million, representing 10% year-over-year growth; fourth-quarter revenue outlook of $113.3 million to $114.8 million
Lancaster Colony Corporation, through subsidiary Marzetti Manufacturing Company, agreed on November 18, 2024 to buy a sauce and dressing production facility and related real estate in Atlanta, Georgia, from Winland Foods, Inc. The purchase price is $75 million in cash, as adjusted under the agreement, and the company intends to fund it with cash on hand. The deal is expected to close in the first quarter of 2025, subject to customary closing conditions.
Purchase price of $75,000,000 in cash, as adjusted under the Purchase Agreement, to be paid from cash on hand
Expected closing in the first quarter of calendar 2025
Buyer will manufacture certain products for Seller for up to twelve months after closing, a condition to completing the transaction
Buyer has agreed to offer employment to workers at the facility; the press release cites about 300,000 total square feet, about 250,000 designated for manufacturing
Marsh & McLennan's subsidiary Marsh & McLennan Agency completed its acquisition of McGriff Insurance Services on November 15, 2024, for an aggregate cash price of $7.75 billion, subject to customary adjustments. The company also terminated an unused $ bridge loan commitment with Citigroup on November 8, 2024, with no payments made, and expects to assume a deferred tax asset of approximately $500 million.
Aggregate purchase price of $7.75 billion in cash, subject to customary adjustments under the September 29, 2024 merger agreement
Closed November 15, 2024; McGriff's more than 3,500 colleagues join Marsh McLennan Agency
Expected assumption of a deferred tax asset valued at approximately $500 million
Bridge Facility commitment with Citigroup Global Markets terminated November 8, 2024; no payments resulted
Tapestry and Capri Holdings terminated their merger agreement under a Termination Agreement dated November 13, 2024, with no break fee according to the press release. Tapestry will reimburse Capri's expenses of $45,088,675 and redeem the senior notes issued to fund the deal, which the company says total $6.1 billion, at 101% of principal, and expects to record about $57.1 million in unamortized costs and a $61.1 million redemption premium in its second fiscal quarter of 2024. The board also authorized a new $2.0 billion share repurchase program, on top of $800 million remaining from a May 2022 authorization.
Merger agreement terminated effective immediately under a Termination Agreement dated November 13, 2024.
Tapestry to reimburse Capri expenses of $45,088,675 in cash on November 14, 2024.
Notes to be redeemed at 101% of principal on or about November 25, 2024, with about $57.1 million unamortized costs and a $61.1 million premium recognized in fiscal Q2 2024.
Board authorized a new $2.0 billion buyback; the fiscal 2025 outlook was reaffirmed and the annual dividend rate of $1.40 per share is expected to be maintained.
BioLife Solutions completed the sale of its SciSafe subsidiary to Subzero Purchaser Corp. on November 12, 2024, for an aggregate price of $73.0 million, subject to adjustment. The same day, the company amended and restated its bylaws, including lowering the stockholder meeting quorum to one-third of voting power. The unaudited pro forma figures in the filing show a $39.6 million gain on the sale as of June 30, 2024, and SciSafe will be reported as discontinued operations from 2024 onward.
Sale of SciSafe to Subzero Purchaser Corp. closed November 12, 2024, for $73.0 million, subject to adjustment
BioLife paid former SciSafe stockholders about $3.3 million to waive certain earn-out payments and repaid about $0.9 million of SciSafe debt
Silicon Valley Bank loan amendment dated November 11, 2024 adds a $750,000 non-refundable termination fee
Amended bylaws, adopted November 12, 2024, set stockholder meeting quorum at one-third of voting power and add a Delaware exclusive forum provision
The Andersons completed its purchase of a 65% ownership interest in Skyland Grain, LLC on November 1, 2024, for $85.0 million, funded with cash on hand and subject to customary working capital adjustments. Skyland's results will be consolidated into The Andersons' financial statements, and Skyland entered a $378 million credit agreement that is secured by its assets and non-recourse to The Andersons.
65% ownership interest in Skyland Grain, LLC purchased for $85.0 million, completed November 1, 2024
Skyland entered an amended and restated credit agreement with COBANK, ACB and Farm Credit Mid-America, PCA, including a three-year $300 million revolving credit facility and $78 million of term notes
$300 million revolver and $67 million of term notes bear variable rates based on SOFR plus a spread; $11 million of term notes bear fixed rates of 4.0% to 5.8%
Skyland has more than 7,000 active co-op members across more than 50 grain and agronomy locations
Casey's General Stores closed its acquisition of Fikes Wholesale, owner of CEFCO Convenience Stores, on November 1, 2024, adding 148 stores in Texas and 50 in Alabama, Florida, and Mississippi, for about 2,900 stores in total. The company funded the deal with an $850 million incremental term loan maturing October 30, 2029, and said it expects its fuel margin for the quarter ended October 31, 2024 to be about 40 cents per gallon. The filing gives no prior-period comparison for the fuel margin or other results.
Fikes Wholesale acquisition closed November 1, 2024; the CEO called it the largest in Casey's history.
Incremental term loan of $850 million under an amended credit agreement with Wells Fargo as administrative agent, maturing October 30, 2029.
Second-quarter fuel margin expected to be approximately 40 cents per gallon.
Amendment excludes certain lease obligations from the priority debt limit.
Construction Partners completed its acquisition of Asphalt Inc., LLC d/b/a Lone Star Paving and entered into an $850.0 million senior secured term loan to help fund it. The company also raised its fiscal 2025 guidance for revenue, net income, Adjusted EBITDA and Adjusted EBITDA Margin, citing a expected contribution from Lone Star. The filing does not give the prior guidance figures, so the size of the increase cannot be measured from this document.
Acquisition of Lone Star Paving closed; the press release is dated November 4, 2024, and the term loan is effective November 1, 2024.
$850.0 million senior secured first lien term loan, fully drawn, matures November 1, 2031, bears interest at Term SOFR plus 2.50%.
Raised fiscal 2025 outlook: revenue $2.48 billion to $2.58 billion; net income $97 million to $113 million; Adjusted EBITDA $347 million to $377 million.
On October 30, 2024, the existing credit agreement was amended, setting a maximum consolidated net leverage ratio of 4.50 to 1.00 for quarters through September 30, 2025.
On October 31, 2024, U.S. Physical Therapy completed its acquisition of a 50% interest in MSO Metro, LLC, which manages 50 outpatient physical therapy clinics, mostly in New York. The company also became Metro's managing member and expanded its board from seven to eight directors, adding Metro CEO Michael G. Mayrsohn; the filing gives an effective date of February 24, 2025 for that appointment.
Purchase price was approximately $76.5 million: $75 million in cash on hand and $1.5 million paid through 18,358 newly issued common shares.
Sellers can earn up to another $20.0 million if certain Metro performance criteria are met.
Through its managed therapy providers, Metro currently generates approximately $64.0 million in annual revenue and $12.0 million in annual EBITDA.
Michael G. Mayrsohn, Metro's CEO since 2016, was appointed a director and will serve until the 2025 annual meeting.
Standard Motor Products completed its previously disclosed acquisition of Nissens Automotive on November 1, 2024, paying approximately $390 million (€360 million), net of cash and assumed debt and subject to post-closing adjustments. The company funded the deal with borrowings under its credit facility with JPMorgan Chase Bank, N.A. Management said the combination creates an aftermarket leader in North America and Europe, but the filing does not provide financial results for the acquired business.
Acquisition closed November 1, 2024 under a share sale and purchase agreement dated July 5, 2024, with Axcel V K/S as sellers' representative
Consideration of approximately $390 million (€360 million), net of cash and assumed debt, subject to post-closing adjustments
Funded with borrowings under the credit facility with JPMorgan Chase Bank, N.A., as administrative agent
Financial statements and pro forma information will be filed by amendment within 71 days
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.