secwatch.observer — SEC 8-K summary
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Issuer:     Verisk Analytics, Inc. (VRSK)
CIK:        0001442145
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0000950103-23-001969
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verisk closes $3.1B sale of Wood Mackenzie to Veritas Capital
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- Sale of Wood Mackenzie closed Feb 1, 2023; Verisk received $3.1B cash, plus up to $200M deferred payments.
- CEO Lee Shavel says deal returns Verisk to core insurance focus, following earlier divestitures of financial services and 3E.
- Energy business reported as discontinued operations; pro forma shows net proceeds of ~$3,066M after adjustments.
- Pro forma diluted EPS for nine months ended Sep 30, 2022 was $3.38, down from $5.59 as reported due to discontinued ops.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442145/000095010323001969/0000950103-23-001969-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442145/000095010323001969/dp188484_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-23-001969

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