1,024 material Form 8-K filings that 799 companies we cover made with the SEC in August 2025, 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).
EchoStar and other seller parties agreed to sell their 3.45 GHz and 600 MHz spectrum licenses to an AT&T subsidiary for $22.65 billion in cash, subject to potential adjustments. The companies also amended their network services agreement so Boost Mobile can operate as a hybrid mobile network operator, and the company said proceeds will be used in part to retire debt. Closing requires regulatory approvals and is expected in the first half of 2026.
Aggregate cash purchase price of $22.65 billion, with a minimum purchase price of $18.6 billion if adjustments reduce the price
Closing expected in the first half of 2026, subject to HSR clearance, FCC consents and other conditions
Sixth Amendment provides hybrid MNO pricing with AT&T providing services through December 31, 2031
Proceeds will be used for, among other things, repaying the Loan and Security Agreement and redeeming DISH secured notes
Flagstar Financial, Inc. entered into voting agreements with three investor groups, Liberty 77, Hudson Bay and Reverence, who together held 35.05% of its common stock as of August 18, 2025. The investors agreed to vote for the merger, conversion and adjournment proposals at a special shareholder meeting on October 15, 2025, as part of an internal reorganization that merges the company into Flagstar Bank, N.A. The company also amended its merger agreement to clarify how outstanding warrants for its Series D preferred stock are treated.
Investors held 145,670,546 shares, about 35.05% of common stock, as of August 18, 2025
Voting agreements cover the merger, conversion and adjournment proposals at the October 15, 2025 special meeting
Amended and Restated Agreement and Plan of Merger, dated August 22, 2025, clarifies treatment of Series D warrants
Company will merge into Flagstar Bank, N.A., which will be the resulting entity
Evertec's Brazilian subsidiary signed an agreement to buy 7,628,470 common shares of Tecnobank Tecnologia Bancária S.A. for R$787 million, about $144 million at current exchange rates, subject to customary adjustments. After closing, Evertec would hold a 75% ownership stake on a fully diluted basis, funded with existing liquidity. The deal is expected to close in the fourth quarter of 2025, subject to conditions including approval from Brazil's antitrust authority, CADE.
Purchase price of R$787 million (about $144 million at current exchange rates) for 7,628,470 Tecnobank common shares, subject to customary adjustments
Evertec would hold a 75% ownership stake in Tecnobank on a fully diluted basis after closing
Expected to close in the fourth quarter of 2025, subject to CADE approval and other customary conditions
Agreement can be terminated if the deal is not completed within six months of signing, with an automatic two-month extension if only CADE approval is outstanding
Black Hills and NorthWestern Energy signed a merger agreement on August 18, 2025, under which NorthWestern would become a wholly owned subsidiary of Black Hills and the combined company would be named NewCo. Black Hills shareholders would own about 56% of the combined company on a fully diluted basis, and the companies expect the deal to close in 12 to 15 months, subject to shareholder and regulatory approvals.
Each NorthWestern share would convert into 0.98 Black Hills shares; the companies cite an implied premium of about 4%.
Pro forma market capitalization is about $7.8 billion and combined enterprise value is $15.4 billion, based on August 18, 2025 closing prices.
Linn Evans will retire as Black Hills CEO at closing; Brian B. Bird, NorthWestern's CEO, will lead the combined company.
Either party would owe a $100 million termination fee in certain circumstances; the agreement can be terminated if closing has not occurred by August 18, 2026, subject to extensions.
On August 18, 2025, Shift4 completed a squeeze-out merger of Global Blue, which had been subject to Shift4's tender offer completed July 3, 2025. Global Blue merged into a Shift4 wholly owned subsidiary, and its remaining shares were converted into the right to receive cash. Global Blue's shares are being delisted from the NYSE and deregistered with the SEC, so public shareholders no longer hold a listed stake in the company.
Merger consummated August 18, 2025; Global Blue merged with and into Merger Sub, a wholly owned Shift4 subsidiary.
Shift4 owned 97.37% of Global Blue shares following the tender offer completed July 3, 2025.
The remaining 2.63% of shares were converted into the right to receive $7.50 per common share in cash, subject to applicable withholding taxes.
Global Blue shares were suspended from NYSE trading before market open on August 18, 2025; Form 15 deregistration filing is planned.
Arthur J. Gallagher & Co. completed its acquisition of Dolphin Topco, Inc., the holding company of AssuredPartners, on August 18, 2025, paying the seller $13.8 billion in cash subject to customary adjustments. The company financed the deal with net proceeds from previously disclosed equity and debt financings, and it estimates double-digit adjusted EPS accretion including synergies.
Cash purchase price of $13.8 billion paid to The AssuredPartners Group LP, subject to customary adjustments
Stock Purchase Agreement dated December 7, 2024, covers all issued and outstanding stock of Dolphin Topco, Inc.
Equity awards of $316.15 million payable in Gallagher common stock granted to 572 former AssuredPartners employees
Gallagher estimates double-digit adjusted EPS accretion including the impact of synergies
Western Union agreed on August 10, 2025 to acquire International Money Express (IMXI) through a merger in which IMXI shares convert into the right to receive $16.00 per share in cash. The deal is subject to IMXI stockholder approval, antitrust clearance and money transmitter license approvals, and IMXI shares would be delisted from Nasdaq if the merger closes.
Merger consideration is $16.00 per IMXI share in cash, without interest.
Termination fee payable to IMXI is $27.3 million; fee payable to Western Union is $19.8 million, in specified circumstances.
Outside Date is May 11, 2026, with automatic extensions to August 10, 2026 and November 10, 2026 in certain cases.
Southwest Gas Holdings sold 17,250,000 shares of its Centuri Holdings stake in an underwritten offering that closed August 11, 2025, receiving net proceeds of about $325 million, plus about $31 million from a concurrent private placement to Icahn-affiliated investors. After the sale, the company owns about 30.9% of Centuri and no longer has a controlling financial interest, so it will deconsolidate Centuri and report Centuri's results as discontinued operations.
Offering: 17,250,000 Centuri shares sold at $19.50 per share, including full exercise of the underwriters' 2,250,000-share option
Net proceeds of about $325 million from the offering and about $31 million from the Icahn private placement, to be used to repay debt and for general corporate purposes
Remaining stake: 27,362,210 Centuri shares, about 30.9% of outstanding shares, accounted for under the equity method after deconsolidation effective August 11, 2025
Pro forma financial information on the deconsolidation will be filed later by amendment
Valvoline amended its merger agreement to acquire the Breeze Autocare business, which operates Oil Changers quick lube stores, to give more time while the FTC reviews the deal. The termination date now runs to the later of November 15, 2025 or the closing date, provided closing conditions are met by that date. The filing does not give a new closing timeline beyond this, so shareholders should note that the deal remains subject to the FTC process.
First Amendment to the Merger Agreement dated August 11, 2025, extends the Termination Date.
New Termination Date is the later of November 15, 2025 or the closing date, if closing conditions are met by November 15, 2025.
The FTC issued a Second Request on April 9, 2025, and Valvoline says it continues constructive talks with the FTC.
MARA's subsidiary Mara France SAS signed an investment agreement on August 11, 2025, to acquire a 64% stake in Exaion SAS, a French digital infrastructure company, from EDF Pulse Holding and minority holders. The filing gives a further option to raise the stake to about 75% in 2027, which would require a further payment of about €110 million. The deal commits MARA to a large cash outlay and is subject to French and Canadian regulatory approvals, with closing expected in the fourth quarter of 2025.
Primary transaction: about 4.1 million new Exaion shares for about €115 million; secondary transaction: about 1.2 million shares for about €33 million, with about €23 million paid at closing and €10 million in 2027.
Third transaction: about 3.9 million additional shares for about €110 million on March 30, 2027, subject to specified conditions; expected to bring the stake to about 75%.
Closing expected in Q4 2025, possibly Q1 2026; requires foreign investment control clearances in France and Canada. Either party may terminate if approvals are not obtained by January 31, 2026.
Press release states about $168 million in cash upfront for the 64% stake and about $127 million for an additional 11% stake, contingent on milestones.
First Financial Bancorp signed a merger agreement to acquire Chicago-based BankFinancial Corporation in an all-stock transaction. The filing says each BankFinancial share will convert into 0.480 of a First Financial share, and the deal is expected to close in the fourth quarter of 2025, subject to shareholder, regulatory and other approvals. Shareholders of First Financial will see new shares issued, and the company expects the deal to be accretive to earnings per share.
Each BankFinancial common share converts into 0.480 of a First Financial common share.
The press release values the transaction at approximately $142 million, based on First Financial's August 8, 2025 closing price.
Expected closing in the fourth quarter of 2025, subject to BankFinancial stockholder approval and regulatory approvals.
A termination fee of $5.0 million is payable by BankFinancial to First Financial in certain circumstances; pro forma deposits are stated as $2.2 billion.
On August 5, 2025, PTC Therapeutics entered a Rights Satisfaction Agreement under which former Censa Pharmaceuticals securityholders gave up their rights to payments based on sepiapterin net sales. The company paid about $225 million in cash at closing and may owe up to $500 million more in milestone payments. Other obligations under the 2020 Merger Agreement remain in effect.
At closing, PTC paid about $225.0 million in cash to participating former Censa securityholders, who held about 90% of Censa's equity.
Participants forfeited net sales payments of 8% on sales up to $250.0 million, 10% on sales from $250.0 million to $500.0 million, and 12% on sales above $500.0 million.
Additional milestone payments of about $90.0 million each, up to $500.0 million in total, are tied to aggregate net sales thresholds from $3.0 billion to $11.0 billion.
The agreement was signed and closed simultaneously, and the full text will be filed with the Form 10-Q for the quarter ending September 30, 2025.
Greif subsidiary Soterra LLC agreed on August 5, 2025 to sell about 173,000 acres of timberland in Alabama, Louisiana and Mississippi, plus certain mineral and contract rights, to MWF VI Encore, LLC, a subsidiary of The Molpus Woodlands Group, for approximately $462.0 million, subject to adjustments. Closing depends on title verification and third-party consents, and the company said cash proceeds will be used to repay debt, which the filing presents as part of its portfolio optimization.
Purchase price of approximately $462.0 million, subject to certain adjustments
Covers about 173,000 acres in Alabama, Louisiana and Mississippi, plus certain mineral and contract rights
Agreement dated August 5, 2025; press release issued August 6, 2025; closing expected shortly before or after fiscal year end
Deluxe Corporation acquired certain assets, intellectual property and customer contracts tied to J.P. Morgan's CheckMatch electronic check conveyance service under an asset purchase agreement dated August 6, 2025, for an aggregate price of $25 million. Half was paid at closing and half is due 180 days later. The company says the deal extends its Deluxe Payment Network and could bring revenue and cost synergies, but the filing gives no financial results or synergy figures.
Purchase price is $25,000,000: $12,500,000 paid on August 6, 2025, and $12,500,000 due 180 days after closing.
Deluxe acquired assets, intellectual property rights and customer contracts and assumed certain related liabilities.
Deluxe says it has more than doubled the number of lockboxes accessible through its network in the first half of 2025.
The agreement includes non-competition and non-solicitation covenants and indemnification provisions.
Motorola Solutions completed its acquisition of Silvus Technologies Holdings Inc. on August 6, 2025, paying $4.4 billion in upfront consideration, mostly in cash. The company drew two $750.0 million term loans in full that day to help pay for the deal, repay certain Silvus debt and cover fees, and may pay up to $600 million more in common stock if certain financial targets are met.
Upfront consideration of $4.4 billion: approximately $4.38 billion in cash and approximately $20 million in restricted common stock, subject to customary adjustments
Earnout of up to $600 million in total, payable in Company common stock, tied to annual periods from July 5, 2026 through July 1, 2028
Two senior unsecured term loans of $750.0 million each, from Mizuho Bank (364-day) and Bank of America (three-year), drawn in full on August 6, 2025
Motorola Solutions plans to discuss the acquisition on its quarterly conference call on August 7, 2025
Granite Construction said it bought all outstanding equity of Slats Lucas LLC and Warren Paving Inc. from their Mississippi sellers for $540.0 million, subject to customary closing adjustments, under an agreement dated August 5, 2025. The purchase was funded in part with a new $600.0 million senior secured term loan, and the company also amended and restated its credit agreement, which runs to August 5, 2030, and adds a revolver and a delayed draw term loan. Shareholders will bear the added debt and the covenants attached to it.
Purchase price of $540.0 million for Slats Lucas LLC and Warren Paving Inc., subject to customary closing adjustments
Initial $600.0 million senior secured term loan used in part to fund the purchase
Revolver of $600.0 million with $570.4 million unused as of the filing date; delayed draw term loan up to $75.0 million
Term Loans mature August 5, 2030; covenants require interest coverage of at least 3.00 to 1.00 and leverage no more than 3.75 to 1.00
Zebra Technologies signed an agreement to acquire all outstanding shares of Elo Holdings from Elo Investors, L.P. for about $1.3 billion, subject to customary adjustments. The purchase is expected to be funded with cash on hand and financing from Zebra's credit facility, and closing depends on HSR antitrust clearance and other conditions. The filing does not report earnings, so the deal's effect on shareholders depends on its eventual closing and integration.
Purchase price of approximately $1.3 billion, funded by cash on hand and Zebra's credit facility
Elo has annual sales of approximately $400 million, according to the press release, and is expected to be immediately accretive to earnings upon closing
Expected to generate an incremental $25 million of annual EBITDA through synergies by year three
Transaction may close on or before August 3, 2026, or February 3, 2027 if extended; the company expects it to close in 2025
Brown & Brown closed its acquisition of RSC Topco, the holding company for Accession Risk Management Group, on August 1, 2025, for an aggregate purchase price of $9.825 billion, subject to post-closing adjustments. Approximately $4.7 billion of the net merger consideration went to RSC equityholders, paid as about $3.5 billion in cash and about $1.2 billion in newly issued Brown & Brown common stock. The deal is a large acquisition, and the new shares are subject to multi-year lock-up restrictions.
Acquisition closed August 1, 2025, with an aggregate purchase price of $9.825 billion, subject to customary post-closing adjustments
Net merger consideration of approximately $4.7 billion: about $3.5 billion in cash and about $1.2 billion in common stock
Stock consideration was priced using the $110.57 per share closing price on June 6, 2025, and was issued in an unregistered private placement
Some recipients agreed to a five-year lock-up, with 20% of shares released on the second, third and fourth anniversaries and 40% on the fifth; financial statements and pro forma information will be filed by amendment
On August 1, 2025, EOG Resources completed its previously announced acquisition of Encino Acquisition Partners, LLC, buying all outstanding equity interests from the sellers for $5.6 billion in cash, including repayment of debt. The price is subject to customary working capital and other adjustments, and the full purchase agreement will be filed with EOG's 10-Q for the quarter ended June 30, 2025.
Purchase price: $5.6 billion in cash, inclusive of debt repayment, subject to customary adjustments
Closing date: August 1, 2025; purchase agreement dated May 30, 2025
Structure: part through acquisition of Blocker Corp, part through direct purchase of equity interests in Encino
Full agreement to be filed as an exhibit to the Form 10-Q for the quarter ended June 30, 2025
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.