secwatch.observer — SEC 8-K summary
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Issuer:     Air Transport Services Group, Inc. (—)
CIK:        0000894081
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0000950103-24-015854
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATSG to be acquired by Stonepeak for $22.50 per share in all-cash deal
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- All-cash merger: $22.50 per share; all outstanding shares of ATSG common stock converted.
- Go-shop period until December 8, 2024; Company may solicit superior proposals.
- Closing expected by May 3, 2025, extendable to September 3, 2025 for regulatory approvals.
- Termination fee: $55M payable by ATSG if terminates for superior proposal; $150M payable by Parent if fails to close.
- Equity commitment from Stonepeak Infrastructure Fund IV; debt financing from Barclays, RBC, Wells Fargo, Jefferies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/894081/000095010324015854/0000950103-24-015854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/894081/000095010324015854/dp220297_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-015854

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