secwatch.observer — SEC 8-K summary
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Issuer:     BLACK HILLS CORP /SD/ (BKH)
CIK:        0001130464
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001193125-26-059379
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Black Hills issues pro forma Merger financials: rev $3.9B, EPS $3.22
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- Pro forma combined revenue $3,921M, net income $429M, basic EPS $3.22 for year ended Dec 31, 2025.
- Estimated merger consideration ~$4.4B; exchange ratio 0.98 shares of BKH per NWE share.
- Pro forma goodwill $3.1B; total assets $20.7B; combined company to be named Bright Horizon Energy Corp.
- Pro forma based on Black Hills as acquirer; reflects preliminary purchase price allocation and does not include cost synergies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130464/000119312526059379/0001193125-26-059379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130464/000119312526059379/bkh-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-059379

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