secwatch.observer — SEC 8-K summary
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Issuer:     JACK IN THE BOX INC (JACK)
CIK:        0000807882
Form:       8-K/A
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0001157523-22-000680
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jack in the Box completes Del Taco acquisition; pro forma revenue $1.66B for FY2021
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- Total purchase consideration of $593.3M; Del Taco shareholders received $12.51 per share.
- Issued $1.1B in senior secured notes (3.445% and 4.136%) plus $150M variable funding note to fund deal.
- Pro forma net earnings $29.4M for 16 weeks ended Jan 23, 2022; diluted EPS $1.38.
- Pro forma net earnings $146.4M for FY2021; diluted EPS $6.51 vs Jack standalone $7.37.
- Del Taco's existing $115.2M debt repaid; combined company shareholders' deficit of $805M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/807882/000115752322000680/0001157523-22-000680-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/807882/000115752322000680/a52729028.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000680

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