---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-256633"
form_type: "8-K"
ticker: "SNUS-PI"
cik: "0000811830"
company_name: "Santander Holdings USA, Inc."
filed_at: "2021-08-26T23:59:59+00:00"
generated_at: "2026-06-29T07:42:42.438770+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Santander Holdings USA to acquire Santander Consumer USA for $41.50/share in cash

## Summary
- All-cash tender offer at $41.50 per share for all SC shares not already owned by SHUSA, followed by a second-step merger.
- SC's board (unanimous recommendation of Special Committee of independent directors) recommends the offer; SHUSA board also approved.
- Consummation subject to Federal Reserve approval under Dodd-Frank, no law/injunction, and customary conditions; deadline March 31, 2022 (extendable).
- Outstanding stock options and RSUs to be cashed out or replaced with ADR-based awards, respectively.

## SEC filing metadata
- accession: 0001193125-21-256633
- form_type: 8-K
- ticker: SNUS-PI
- cik: 0000811830
- company_name: Santander Holdings USA, Inc.
- filed_at: 2021-08-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811830/000119312521256633/0001193125-21-256633-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811830/000119312521256633/d163920d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-256633
- JSON: https://secwatch.observer/filing/0001193125-21-256633.json
- Plain text: https://secwatch.observer/filing/0001193125-21-256633.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.