{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-254546","form_type":"8-K","ticker":"CSGS","cik":"0001005757","company_name":"CSG SYSTEMS INTERNATIONAL INC","filed_at":"2025-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.491955+00:00","generated_at":"2026-05-17T01:33:21.161256+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"CSG Systems to be acquired by NEC for $80.70 per share in cash","bullets":["All-cash deal valued at $80.70 per share; board unanimously recommends adoption by stockholders.","CSG must pay NEC $82M termination fee if it accepts a superior proposal or board changes recommendation.","NEC must pay CSG $135M termination fee if deal blocked by antitrust/foreign investment injunction.","Deal subject to stockholder approval, HSR, and other antitrust/FDI approvals; expected close by Oct 2026 with possible 3-month extensions.","CSG shares to be delisted from Nasdaq; surviving entity becomes wholly owned subsidiary of NEC."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-254546","json":"https://secwatch.observer/filing/0001193125-25-254546.json","markdown":"https://secwatch.observer/filing/0001193125-25-254546.md","text":"https://secwatch.observer/filing/0001193125-25-254546.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1005757/000119312525254546/0001193125-25-254546-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1005757/000119312525254546/d936741d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:33:21.161256+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"}