{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-413124","form_type":"8-K","ticker":"PTC","cik":"0000857005","company_name":"PTC INC.","filed_at":"2026-10-05T11:22:43+00:00","discovered_at":"2026-10-05T11:25:00.324449+00:00","generated_at":"2026-10-12T14:44:10.234494+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Schneider Electric to acquire PTC for $205 per share in all-cash deal valued at $22.6B equity","bullets":["PTC entered a merger agreement with Schneider Electric SE and Grand Slam Merger Sub; PTC shareholders will receive $205 in cash per share.","Deal values PTC equity at approximately $22.6B and enterprise value at $23.7B, a 42.3% premium to last close and 46.1% premium to 30-day VWAP.","Schneider Electric secured a $25B bridge term loan commitment from Morgan Stanley Europe SE and Société Générale; merger is not conditioned on financing.","PTC must pay Schneider Electric a $700M termination fee in specified circumstances, including accepting a Superior Offer or a board recommendation change.","Expected €250M annual run-rate cost synergies by Year 3 and ~€800M revenue synergies; closing requires PTC shareholder approval, HSR clearance, and CFIUS approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-413124","json":"https://secwatch.observer/filing/0001193125-26-413124.json","markdown":"https://secwatch.observer/filing/0001193125-26-413124.md","text":"https://secwatch.observer/filing/0001193125-26-413124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/857005/000119312526413124/0001193125-26-413124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/857005/000119312526413124/d174191d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:44:10.234494+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"}