secwatch.observer — SEC 8-K summary
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Issuer:     LKQ CORP (LKQ)
CIK:        0001065696
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001065696-23-000013
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LKQ acquires Uni-Select for CAD $48.00 per share cash; $2.1B bridge loan committed
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- Purchase price of CAD $48.00 per share in cash for all issued shares of Uni-Select.
- BK of $75M termination fee payable by either party under certain conditions.
- Financing committed via $2.1B 364-day bridge loan from Bank of America and Wells Fargo.
- Voting agreements cover approx. 20% of Uni-Select shares in favor of the deal.
- Closing subject to shareholder and regulatory approvals, including HSR, Canadian Competition Act, and UK CMA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065696/000106569623000013/0001065696-23-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065696/000106569623000013/lkq-20230226.htm
  HTML page:      https://secwatch.observer/filing/0001065696-23-000013

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