{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-266654","form_type":"8-K","ticker":"DAN","cik":"0000026780","company_name":"DANA Inc","filed_at":"2026-06-11T10:42:13+00:00","discovered_at":"2026-06-11T10:45:00.246711+00:00","generated_at":"2026-06-11T10:45:19.986510+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Dana to combine with Eaton Mobility in $5.1B deal; combined revenue ~$11B","bullets":["Transaction values Eaton Mobility at ~$5.1B (~8.3x 2026E adj. EBITDA before synergies); combined company enterprise value over $10B.","Reverse Morris Trust structure: Eaton shareholders own ≥50.1%, Dana shareholders ~49.9% post-close; Eaton receives ~$1.1B cash distribution.","Pro forma 2026 estimated sales ~$11B, adj. EBITDA ~$1.7B (~15% margin); $250M annual run-rate synergies within 24 months.","New leadership: R. Bruce McDonald as Executive Chairman, Byron Foster as CEO (effective July 1, 2026); Timothy Kraus remains CFO.","Dana raises 2030 targets: $14-15B sales, ~18% adj. EBITDA margin, 8-9% adj. FCF margin; deal expected to close Q1 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-266654","json":"https://secwatch.observer/filing/0001193125-26-266654.json","markdown":"https://secwatch.observer/filing/0001193125-26-266654.md","text":"https://secwatch.observer/filing/0001193125-26-266654.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26780/000119312526266654/0001193125-26-266654-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26780/000119312526266654/d114836d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T10:45:19.986510+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"}