{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-24-000110","form_type":"8-K","ticker":"RSTRF","cik":"0001618755","company_name":"Restaurant Brands International Limited Partnership","filed_at":"2024-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.830234+00:00","generated_at":"2026-06-06T23:16:37.235341+00:00","sec_items":["7.01","9.01","8.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"RBI to acquire Carrols Restaurant Group for $1.0B enterprise value; $9.55/share cash","bullets":["Acquisition price of $9.55 per share represents 23.1% premium to Carrols' 30-day VWAP as of Jan 12, 2024.","Carrols operates 1,022 Burger King and 60 Popeyes restaurants; RBI will invest $500M to remodel ~600 units over 5 years.","After remodeling, RBI plans to refranchise vast majority of acquired restaurants to smaller franchisees in 5-7 years.","Transaction expected to close Q2 2024, subject to antitrust clearance and Carrols shareholder approval; 30-day go-shop period.","RBI expects transaction to be approximately neutral to Adjusted EPS; net leverage increases minimally."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-24-000110","json":"https://secwatch.observer/filing/0000950142-24-000110.json","markdown":"https://secwatch.observer/filing/0000950142-24-000110.md","text":"https://secwatch.observer/filing/0000950142-24-000110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1618755/000095014224000110/0000950142-24-000110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1618755/000095014224000110/eh240438262_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T23:16:37.235341+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"}