secwatch.observer — SEC 8-K summary
======================================

Issuer:     Santander Holdings USA, Inc. (SNUS-PI)
CIK:        0000811830
Form:       8-K
Filed at:   2022-01-28T23:59:59+00:00
Accession:  0001193125-22-020753
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Santander Holdings USA gets Fed approval, completes tender offer for Santander Consumer USA shares at $41.50
--------------------------------------------------------------------------------

- Tender offer expired Jan 27, 2022; 14,184,414 SC shares tendered (~4.6% of outstanding, 23.5% of minority stake).
- All conditions satisfied, including Federal Reserve Board approval; merger closes Jan 31, 2022.
- Remaining SC shares not tendered will be converted into $41.50 per share cash in the merger.
- SC common stock will be delisted and cease trading on NYSE upon merger consummation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/811830/000119312522020753/0001193125-22-020753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/811830/000119312522020753/d284837d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-020753

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