---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-026575"
form_type: "8-K"
ticker: "CMI"
cik: "0000026172"
company_name: "CUMMINS INC"
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T05:04:28.673150+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cummins to acquire Meritor for $36.50/share in all-cash deal valued at ~$3.7B

## Summary
- Acquisition price of $36.50 per share in cash; total enterprise value approximately $3.7 billion including assumed debt and net of acquired cash.
- Meritor shareholders to receive $36.50/share; closing expected by December 21, 2022 with possible extensions to June 21, 2023.
- Transaction subject to Meritor shareholder approval, HSR Act waiting period, and other regulatory approvals.
- Cummins intends to fund the merger consideration using cash on hand and debt; no financing condition.
- Termination fees: $73.5M from Meritor under certain circumstances; $160M reverse termination fee from Cummins if regulatory approvals not obtained.

## SEC filing metadata
- accession: 0001104659-22-026575
- form_type: 8-K
- ticker: CMI
- cik: 0000026172
- company_name: CUMMINS INC
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26172/000110465922026575/0001104659-22-026575-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26172/000110465922026575/tm227550d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-026575
- JSON: https://secwatch.observer/filing/0001104659-22-026575.json
- Plain text: https://secwatch.observer/filing/0001104659-22-026575.txt

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