{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-158796","form_type":"8-K","ticker":"WAT","cik":"0001000697","company_name":"WATERS CORP /DE/","filed_at":"2025-07-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.100308+00:00","generated_at":"2026-05-18T06:35:48.047373+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Waters to acquire BD's Biosciences & Diagnostic Solutions via Reverse Morris Trust","bullets":["Waters shareholders to own ~60.8% and former SpinCo shareholders ~39.2% of combined company post-merger.","SpinCo will pay BD $4.0B cash prior to distribution; Waters arranged $1.8B bridge loan for potential special dividend.","Transaction unanimously approved by both boards; expected close by July 13, 2026, subject to regulatory and shareholder approvals.","Waters to pay BD $733M termination fee under certain circumstances if deal fails.","Post-closing board will have 11-12 members, with 1-2 appointed by BD after consultation."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-158796","json":"https://secwatch.observer/filing/0001193125-25-158796.json","markdown":"https://secwatch.observer/filing/0001193125-25-158796.md","text":"https://secwatch.observer/filing/0001193125-25-158796.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000697/000119312525158796/0001193125-25-158796-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000697/000119312525158796/d865176d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:35:48.047373+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}