secwatch.observer — SEC 8-K summary
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Issuer:     Zurn Elkay Water Solutions Corp (ZWS)
CIK:        0001439288
Form:       8-K
Filed at:   2022-05-20T23:59:59+00:00
Accession:  0001104659-22-063500
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Zurn files supplemental proxy disclosures for Elkay merger amid shareholder lawsuits
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- Three complaints filed in NY and PA federal courts allege proxy statement deficiencies; company denies merit.
- Supplement adds Evercore selected-company valuation tables for Elkay and Zurn, including TEV/EBITDA multiples.
- Supplement includes detailed Evercore DCF assumptions: discount rates 9.0-10.0% for Elkay, 8.5-9.5% for Zurn.
- Equity research analyst price targets for Zurn ranged $38-$43 per share as of Feb 1-2, 2022.
- Company states supplemental disclosures are voluntary to avoid litigation delay and are not an admission.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1439288/000110465922063500/0001104659-22-063500-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1439288/000110465922063500/tm2216130d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-063500

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