{"schema_version":"secwatch.filing_event.v1","accession":"0000020212-22-000178","form_type":"8-K","ticker":"CHDN","cik":"0000020212","company_name":"Churchill Downs Inc","filed_at":"2022-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.070513+00:00","generated_at":"2026-06-21T02:04:43.482671+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Churchill Downs acquires Exacta Systems for $250M cash; HHR platform expansion","bullets":["Acquires Exacta Systems for $250M in cash; expected to close in 2023 subject to regulatory approvals.","Funded with cash on hand and existing credit facility; treated as asset purchase for incremental tax benefits.","Provides synergies with Colonial Downs Racetrack and Rosie's Gaming Emporium HRM facilities in Virginia.","Exacta integrates HHR platform with leading manufacturers (AGS, IGT, Light & Wonder, Everi, Konami, Incredible Technologies)."],"urls":{"canonical":"https://secwatch.observer/filing/0000020212-22-000178","json":"https://secwatch.observer/filing/0000020212-22-000178.json","markdown":"https://secwatch.observer/filing/0000020212-22-000178.md","text":"https://secwatch.observer/filing/0000020212-22-000178.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/20212/000002021222000178/0000020212-22-000178-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/20212/000002021222000178/chdn-20221219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T02:04:43.482671+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}