{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-076219","form_type":"8-K","ticker":"SCHL","cik":"0000866729","company_name":"SCHOLASTIC CORP","filed_at":"2024-06-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.178081+00:00","generated_at":"2026-06-01T03:08:53.700941+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Scholastic closes CAD $250M investment in 9 Story Media Group, creator of children's content","bullets":["Acquired 100% economic interest and minority voting rights for CAD $250M (~USD $182M).","Transaction funded from cash and revolver; dividend and buyback program maintained.","9 Story CEO Vince Commisso continues to lead; Scholastic Entertainment remains under Iole Lucchese.","Expected to be long-term earnings accretive; results consolidated into new segment starting FY2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-076219","json":"https://secwatch.observer/filing/0000950170-24-076219.json","markdown":"https://secwatch.observer/filing/0000950170-24-076219.md","text":"https://secwatch.observer/filing/0000950170-24-076219.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866729/000095017024076219/0000950170-24-076219-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866729/000095017024076219/schl-20240620.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T03:08:53.700941+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"}