secwatch.observer — SEC 8-K summary
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Issuer:     Alexander & Baldwin, Inc. (—)
CIK:        0001545654
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0001104659-25-119462
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alexander & Baldwin to be acquired by Blackstone-led group for $21.20/share cash
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- Merger consideration $21.20 per share in cash; board unanimously approved.
- Transaction expected to close in Q1 2026, subject to shareholder approval and customary conditions.
- New owners plan to invest over $100M in portfolio; A&B retains name and Honolulu headquarters.
- Company declares $0.35 Q4 2025 dividend payable Jan 8, 2026; merger consideration adjusted downward.
- Termination fee $50.5M from A&B; reverse termination fee $155.3M from buyer group.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1545654/000110465925119462/0001104659-25-119462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1545654/000110465925119462/tm2532987d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-119462

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