---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-145409"
form_type: "8-K"
ticker: "CLVT"
cik: "0001764046"
company_name: "CLARIVATE PLC"
filed_at: "2021-12-01T23:59:59+00:00"
generated_at: "2026-06-28T04:32:36.455226+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Clarivate closes $5.3B ProQuest acquisition; 46.9M shares issued, debt refinanced

## Summary
- Closed acquisition of ProQuest on Dec 1, 2021; total consideration $5.3B ($4B cash, $1.3B equity) including debt repayment.
- Issued 46.9M ordinary shares (~7% pro forma dilution) to Seller Group; also repaid ~$1.0B of ProQuest debt.
- Financing includes $921.2M 3.875% Secured Notes due 2028 and $921.4M 4.875% Unsecured Notes due 2029.
- Appointed Andrew M. Snyder as Vice Chairman and Michael J. Angelakis to the Board effective Dec 1.
- Reaffirmed FY 2021 standalone guidance and provided FY 2022 combined outlook (no specific numbers disclosed).

## SEC filing metadata
- accession: 0001104659-21-145409
- form_type: 8-K
- ticker: CLVT
- cik: 0001764046
- company_name: CLARIVATE PLC
- filed_at: 2021-12-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.01, 2.03, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1764046/000110465921145409/0001104659-21-145409-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1764046/000110465921145409/tm2134253d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-145409
- JSON: https://secwatch.observer/filing/0001104659-21-145409.json
- Plain text: https://secwatch.observer/filing/0001104659-21-145409.txt

## Key facts
- Executive change
  Michael J. Angelakis was appointed as Director at CLARIVATE PLC.
  - Action: appointed
  - Role: Director
  source text: Andrew M. Snyder was appointed to the Board as Vice Chairman, and Michael J. Angelakis was appointed to the Board, in each case effective as of December 1, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1764046/000110465921145409/0001104659-21-145409-index.htm
- Executive change
  Andrew M. Snyder was appointed as Vice Chairman at CLARIVATE PLC.
  - Action: appointed
  - Role: Vice Chairman
  source text: Andrew M. Snyder was appointed to the Board as Vice Chairman, and Michael J. Angelakis was appointed to the Board, in each case effective as of December 1, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1764046/000110465921145409/0001104659-21-145409-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.