secwatch.observer — SEC 8-K summary
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Issuer:     AMCON DISTRIBUTING CO (DIT)
CIK:        0000928465
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001104659-24-035066
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMCON acquires Burklund Distributors for ~$18.9M; expects Q3 FY2024 close
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- Purchase price of ~$18.9M plus working capital adjustments; funded by existing bank group borrowings and term debt.
- Burklund is a third-generation wholesale distributor based in East Peoria, IL, founded in 1939.
- Combined operations will service ~7,400 locations across 32 states from Burklund's two Illinois distribution centers.
- Transaction expected to close in Q3 fiscal 2024 (July-September), subject to customary closing conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928465/000110465924035066/0001104659-24-035066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928465/000110465924035066/tm248922d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-035066

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