secwatch.observer — SEC 8-K summary
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Issuer:     DILLARD'S, INC. (DDS)
CIK:        0000028917
Form:       8-K
Filed at:   2026-03-20T23:59:59+00:00
Accession:  0001104659-26-032749
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dillard's absorbs family holding company WDC via merger; no dilution to public holders
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- Merger to cancel WDC's 41,496 Class A and 3,985,776 Class B shares; distributed pro rata to WDC shareholders.
- Consideration same number of Dillard's shares plus WDC's cash; no change in Dillard's outstanding shares.
- Dillard's shareholder vote required at May 28, 2026 Annual Meeting; merger must close by August 1, 2026.
- Dillard's Board (Special Committee) approved; certain officers/directors as WDC holders will receive pro rata consideration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/28917/000110465926032749/0001104659-26-032749-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/28917/000110465926032749/tm269181d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-032749

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