---
schema_version: "secwatch.filing_event.v1"
accession: "0000026172-22-000015"
form_type: "8-K"
ticker: "CMI"
cik: "0000026172"
company_name: "CUMMINS INC"
filed_at: "2022-02-22T23:59:59+00:00"
generated_at: "2026-06-27T06:19:25.592480+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cummins to acquire Meritor for $36.50/share in $3.7B all-cash deal

## Summary
- Cummins (CMI) to buy Meritor (MTOR) at $36.50/share all-cash, a 48% premium to Feb. 18 close.
- Total enterprise value of ~$3.7B, including assumed debt and net of acquired cash.
- Expected to be immediately accretive to Cummins adjusted EPS; annual pre-tax synergies ~$130M by year 3.
- Meritor board unanimously approved; transaction expected to close by end of 2022.
- Acquisition adds axle, brake, and electrification capabilities to Cummins components business.

## SEC filing metadata
- accession: 0000026172-22-000015
- form_type: 8-K
- ticker: CMI
- cik: 0000026172
- company_name: CUMMINS INC
- filed_at: 2022-02-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26172/000002617222000015/0000026172-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26172/000002617222000015/cmi-20220222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000026172-22-000015
- JSON: https://secwatch.observer/filing/0000026172-22-000015.json
- Plain text: https://secwatch.observer/filing/0000026172-22-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.