{"schema_version":"secwatch.filing_event.v1","accession":"0000821026-25-000193","form_type":"8-K/A","ticker":"ANDE","cik":"0000821026","company_name":"Andersons, Inc.","filed_at":"2025-10-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.265661+00:00","generated_at":"2026-05-17T04:01:55.578347+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Andersons closes $425M buyout of remaining 49.9% stake in TAMH JV","bullets":["Acquired remaining 49.9% interest in The Andersons Marathon Holdings for $425M, including $40M working capital; closed July 31, 2025.","Pro forma FY2024 net income attributable to controlling interests would have been $140.0M vs. actual, with EPS up $0.76 to $4.11 basic.","For H1 2025, pro forma net income attributable to controlling interests would have been $15.6M; EPS up $0.22 to $0.46.","Pro forma balance sheet would show cash reduced by $351M, short-term debt up $74M, equity down $425M as of June 30, 2025.","Financing costs of $30.7M (FY2024) and $9.9M (H1 2025) reflect additional borrowings and cash used for the buyout."],"urls":{"canonical":"https://secwatch.observer/filing/0000821026-25-000193","json":"https://secwatch.observer/filing/0000821026-25-000193.json","markdown":"https://secwatch.observer/filing/0000821026-25-000193.md","text":"https://secwatch.observer/filing/0000821026-25-000193.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/821026/000082102625000193/0000821026-25-000193-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/821026/000082102625000193/ande-20250731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:01:55.578347+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"}