secwatch.observer — SEC 8-K summary
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Issuer:     KORN FERRY (KFY)
CIK:        0000056679
Form:       8-K
Filed at:   2026-06-29T10:10:16+00:00
Accession:  0001193125-26-286757
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Korn Ferry to acquire AMS for ~$1.1B in cash and stock
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- Purchase price ~£850M (~$1.1B): ~$881M cash + ~$255M in KFY stock (~3.6M shares, subject to 15% collar).
- AMS generates ~$650M fee revenue and ~$100M adjusted EBITDA on run-rate; KFY expects post-close run-rate EBITDA of ~$140M.
- Transaction expected to close in KFY's fiscal Q2 2027, subject to regulatory approvals (HSR, UK, Germany).
- Deal expected to be immediately accretive to EPS in first full year after transaction costs; adds >$1.5B in contract backlog.
- Funding: ~$300M cash on hand + ~$581M from existing revolver; stock issued under Section 4(a)(2) exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56679/000119312526286757/0001193125-26-286757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56679/000119312526286757/d102657d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-286757

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