secwatch.observer — SEC 8-K summary
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Issuer:     ESCALADE INC (ESCA)
CIK:        0000033488
Form:       8-K
Filed at:   2022-01-03T23:59:59+00:00
Accession:  0001437749-22-000004
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Escalade to acquire Brunswick Billiards from Life Fitness for $32M
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- Purchase price of $32M, subject to net working capital adjustment; $2M escrowed for 18 months.
- Assets include Brunswick Billiards brand, IP, and a 120,000 sq ft facility in Bristol, Wisconsin.
- Transaction expected to close by end of January 2022; funded from cash on hand or credit facilities.
- Brunswick Billiards GM John Kazik will continue leading the business post-closing.
- Brunswick is the largest U.S. billiards provider; complements Escalade's existing portfolio of 8 billiards brands.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33488/000143774922000004/0001437749-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33488/000143774922000004/esca20211230_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-000004

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