secwatch.observer — SEC 8-K summary
======================================

Issuer:     REV Group, Inc. (—)
CIK:        0001687221
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0000950170-24-009141
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.01, 2.05, 2.06, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

REV Group completes sale of Collins Bus for $303M; declares $3.00 special dividend; to discontinue ENC facility
--------------------------------------------------------------------------------

- Closed sale of Collins Bus Corporation to Forest River Bus for ~$303M cash, effective Jan 26, 2024.
- Board declares $3.00 per share special dividend payable Feb 16, 2024 to holders of record Feb 9, 2024.
- Plans to discontinue manufacturing at ElDorado National (California) facility; expects pre-tax charges of $23M-$29M ($7M-$8M cash).
- Combining Fire & Emergency and Commercial segments into Specialty Vehicles segment; Recreation segment renamed Recreational Vehicles.
- Pro forma financial statements for the sale, discontinuation, and special dividend filed as Exhibit 99.2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1687221/000095017024009141/0000950170-24-009141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1687221/000095017024009141/revg-20240125.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-009141

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer