other_material
confidence high
sentiment neutral
materiality 0.55
Chart Industries provides supplemental merger disclosures to address shareholder lawsuits
CHART INDUSTRIES INC
- Voluntarily supplements Definitive Proxy Statement for Oct 6 special meeting on Baker Hughes merger.
- Reports 2025E sales $4,645M, EBITDA $1,146M, and unlevered FCF $687M in new projections.
- Wells Fargo fairness opinion fee estimated at $55.8M; $8M payable at opinion delivery.
- Merger consideration $210/share cash; Baker Hughes pays $500M regulatory reverse termination fee.
- Two lawsuits allege proxy statement is false/misleading; Chart denies merit but adds disclosures.
item 8.01