secwatch / observer

8-K filed September 2, 2025, 7:59 PM ET ticker PAA CIK 0001070423

M&A confidence high sentiment positive materiality 0.80

Plains All American to acquire 55% interest in EPIC Crude Holdings for ~$1.57B

PLAINS ALL AMERICAN PIPELINE LP

Base purchase price ~$1.57B (incl. ~$600M debt); potential $193M earnout for expansion to 900k bpd.
Transaction expected to close Q1 2026, subject to Hart-Scott-Rodino antitrust clearance and other conditions.
EPIC Pipeline: ~800 miles long-haul crude takeaway from Permian/Eagle Ford to Gulf Coast; >600k bpd capacity with low-cost expansion.
Expected immediately accretive to distributable cash flow; synergy opportunities target mid-teens unlevered returns.
Remaining 45% interest held by Ares Management, which will continue as operator of the pipeline.

item 1.01 item 7.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001104659-25-086018
form_type: 8-K
ticker: PAA
cik: 0001070423
company_name: PLAINS ALL AMERICAN PIPELINE LP
filed_at: 2025-09-02T23:59:59+00:00
discovered_at: 2026-05-14T18:02:43.260457+00:00
generated_at: 2026-05-17T08:43:27.087451+00:00
sec_items: ["1.01", "7.01", "9.01"]
event_type: m_and_a
sentiment: positive
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001104659-25-086018
json_url: https://secwatch.observer/filing/0001104659-25-086018.json
markdown_url: https://secwatch.observer/filing/0001104659-25-086018.md
text_url: https://secwatch.observer/filing/0001104659-25-086018.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1070423/000110465925086018/0001104659-25-086018-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1070423/000110465925086018/tm2524777d1_8k.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Comparable filings

YHC

LQR House acquires additional 30% stake in Fusion Five for $39M, now holds 54%

LQR House Inc. June 2, 2026, 9:11 AM ET m_and_a Items 1.01, 7.01, 9.01

same SEC item: 1.01, 7.01, 9.01 same event type: m_and_a similar materiality

Filing page SEC filing

WLY

Wiley acquires Emerald Publishing for $452M; adds ~500 journals, expected accretive in year one

JOHN WILEY & SONS, INC. June 2, 2026, 8:30 AM ET m_and_a Items 1.01, 2.01, 7.01, 9.01

same SEC item: 1.01, 7.01, 9.01 same event type: m_and_a similar materiality

Filing page SEC filing

HNRG

Hallador Energy acquires 460 MW Siemens turbines for $350M to advance Merom gas project

HALLADOR ENERGY CO June 2, 2026, 6:00 AM ET m_and_a Items 1.01, 7.01, 9.01

same SEC item: 1.01, 7.01, 9.01 same event type: m_and_a similar materiality

Filing page SEC filing

OCFC

OceanFirst closes acquisition of Flushing Financial; issues shares to Warburg Pincus

OCEANFIRST FINANCIAL CORP June 1, 2026, 5:19 PM ET m_and_a Items 1.01, 3.02, 2.01, 2.03, 3.03, 5.02, 5.03, 7.01, 9.01

same SEC item: 1.01, 7.01, 9.01 same event type: m_and_a similar materiality

Filing page SEC filing

Enviri II Corp

New Enviri completes spin-off; starts trading June 2 under NVRI; ~$1.2B revenue, ~$140M EBITDA

Enviri II Corp June 1, 2026, 5:18 PM ET m_and_a Items 1.01, 2.03, 3.03, 5.03, 5.01, 5.02, 5.05, 7.01, 9.01

same SEC item: 1.01, 7.01, 9.01 same event type: m_and_a similar materiality

Filing page SEC filing

TACH

Titan Acquisition Corp enters $800M deal to combine with OpenPayd

Titan Acquisition Corp. June 1, 2026, 5:15 PM ET m_and_a Items 1.01, 7.01, 9.01

same SEC item: 1.01, 7.01, 9.01 same event type: m_and_a similar materiality

Filing page SEC filing

RPAY

REPAY closes $372M acquisition of KUBRA, funded with new $500M term loan

Repay Holdings Corp June 1, 2026, 4:14 PM ET m_and_a Items 1.01, 2.01, 1.02, 9.01, 2.03, 7.01

same SEC item: 1.01, 7.01, 9.01 same event type: m_and_a similar materiality

Filing page SEC filing

VATE

INNOVATE to sell 75% of Broadcasting to CONX Corp.; $105M bridge loan refinances existing debt

INNOVATE Corp. June 1, 2026, 8:45 AM ET m_and_a Items 1.01, 2.03, 7.01, 9.01

same SEC item: 1.01, 7.01, 9.01 same event type: m_and_a similar materiality

Filing page SEC filing

Source: SEC EDGAR

accession 0001104659-25-086018

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.