secwatch.observer — SEC 8-K summary
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Issuer:     SOUTH JERSEY GAS Co (—)
CIK:        0001035216
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001140361-23-003792
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Merger closed: IIF acquires SJI for $36.00/share cash; stub dividend declared
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- Acquisition closed Feb 1, 2023; shareholders receive $36.00 per share in cash for each common share held.
- Stub period dividend of $0.1499 per share paid Feb 1 to holders of record as of Jan 31, 2023.
- SJI common stock delisted from NYSE; trading suspended before open on Feb 1; Form 25 to be filed.
- Post-merger, SJI becomes wholly owned by IIF; Anne Cleary appointed as sole director of surviving corporation.
- Officers of SJI and SJG continue in their respective roles following the closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035216/000114036123003792/0001140361-23-003792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91928/000114036123003792/brhc10047293_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-003792

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