---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-078749"
form_type: "8-K"
ticker: "OKE"
cik: "0001039684"
company_name: "ONEOK INC /NEW/"
filed_at: "2023-09-22T23:59:59+00:00"
generated_at: "2026-06-10T09:28:37.723157+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ONEOK and Magellan shareholders approve merger; closing set for Sept 25

## Summary
- ONEOK shareholders approved with ~96% of votes cast in favor; Magellan unitholders approved with ~76% of units voted (55% of outstanding).
- Transaction expected to close before market on Sept 25, 2023; Magellan units to cease trading on NYSE after Sept 22.
- Consideration: $25 cash and 0.667 ONEOK shares per Magellan unit, valuing the deal at ~$18.8B including debt.
- CEOs cite stronger growth prospects and value creation for combined company.

## SEC filing metadata
- accession: 0001213900-23-078749
- form_type: 8-K
- ticker: OKE
- cik: 0001039684
- company_name: ONEOK INC /NEW/
- filed_at: 2023-09-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039684/000121390023078749/0001213900-23-078749-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039684/000121390023078749/ea185567-8k425_oneokinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-078749
- JSON: https://secwatch.observer/filing/0001213900-23-078749.json
- Plain text: https://secwatch.observer/filing/0001213900-23-078749.txt

## Key facts
- Shareholder Votes
  ONEOK INC /NEW/ shareholders approved Stock Issuance Proposal at the 2023-09-21 meeting.
  - Proposal: merger approval
  - Outcome: passed
  - Meeting: 2023-09-21
  source text: For Against Abstain Broker Non-Votes Stock Issuance Proposal 311,245,211 14,262,547 1,548,352 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039684/000121390023078749/0001213900-23-078749-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.