{"schema_version":"secwatch.filing_event.v1","accession":"0001289419-25-000156","form_type":"8-K","ticker":"MORN","cik":"0001289419","company_name":"Morningstar, Inc.","filed_at":"2025-09-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.596655+00:00","generated_at":"2026-05-17T05:51:43.355626+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Morningstar acquires CRSP from University of Chicago for $375M","bullets":["Deal includes CRSP Market Indexes, benchmarks for over $3 trillion in US equities.","CRSP generates ~$55M in annual revenue; acquired to bolster Morningstar's index capabilities.","Vanguard funds tracking CRSP indexes include VTSAX, VTI, VIMAX, VO.","Closing expected Q4 2025, subject to customary conditions and regulatory approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001289419-25-000156","json":"https://secwatch.observer/filing/0001289419-25-000156.json","markdown":"https://secwatch.observer/filing/0001289419-25-000156.md","text":"https://secwatch.observer/filing/0001289419-25-000156.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1289419/000128941925000156/0001289419-25-000156-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1289419/000128941925000156/morn-20250923.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:51:43.355626+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"}