{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-25-001601","form_type":"8-K","ticker":"DAN","cik":"0000026780","company_name":"DANA Inc","filed_at":"2025-06-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.871846+00:00","generated_at":"2026-05-19T14:24:57.876485+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Dana sells off-highway business to Allison for $2.7B; authorizes $1B capital return","bullets":["Sale price represents 7x expected 2025 adjusted EBITDA; net cash proceeds after tax ~$2.4B.","Dana plans to repay ~$2B debt to achieve target net leverage of approximately 1x.","Board authorized $1B capital return program through 2027; $550M at or before deal close.","Transaction expected to close late Q4 2025, subject to customary regulatory approvals.","Dana to become streamlined on-highway supplier with focus on light- and commercial-vehicle customers."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-25-001601","json":"https://secwatch.observer/filing/0000950142-25-001601.json","markdown":"https://secwatch.observer/filing/0000950142-25-001601.md","text":"https://secwatch.observer/filing/0000950142-25-001601.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26780/000095014225001601/0000950142-25-001601-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26780/000095014225001601/eh250640445_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T14:24:57.876485+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"}