secwatch.observer — SEC 8-K summary
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Issuer:     Dorman Products, Inc. (DORM)
CIK:        0000868780
Form:       8-K
Filed at:   2021-08-10T23:59:59+00:00
Accession:  0001193125-21-241936
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dorman completes $338M Dayton Parts acquisition; raises 2021 guidance
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- Acquired Dayton Parts for ~$338M cash, subject to adjustments; financed with $100M cash on hand and new credit facility.
- Entered new $600M 5-year revolving credit facility, replacing existing $100M facility; used to fund acquisition and for general corporate purposes.
- Updated 2021 guidance: Net sales $1,263-$1,300M (prev $1,191-$1,224M); adjusted diluted EPS $4.56-$4.80 (prev $4.40-$4.60).
- Dayton Parts becomes wholly-owned subsidiary; acquisition expected to provide greater flexibility for strategic priorities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/868780/000119312521241936/0001193125-21-241936-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/868780/000119312521241936/d210087d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-241936

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer