{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-26-001434","form_type":"8-K","ticker":"SYY","cik":"0000096021","company_name":"SYSCO CORP","filed_at":"2026-05-18T17:00:25+00:00","discovered_at":"2026-05-18T17:01:16.251417+00:00","generated_at":"2026-05-18T17:02:07.582439+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sysco targets $250M annual synergies in Restaurant Depot acquisition; pro forma EBITDA +45%","bullets":["Deal to add ~$16B revenue; pro forma revenue +20%, Adj. EBITDA +45%, FCF +55%.","Year 1 EPS accretion mid-to-high single digit; Year 2 low-to-mid teens.","Net leverage to start at 4.5x, targeting 2.75x within 24 months via debt reduction.","Plans 125+ net new U.S. locations over two decades; 80% of stores are owned.","$250M annualized net cost synergies; additional upside beyond that figure."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-26-001434","json":"https://secwatch.observer/filing/0000950142-26-001434.json","markdown":"https://secwatch.observer/filing/0000950142-26-001434.md","text":"https://secwatch.observer/filing/0000950142-26-001434.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/96021/000095014226001434/0000950142-26-001434-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/96021/000095014226001434/eh260780816_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T17:02:07.582439+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"}