secwatch.observer — SEC 8-K summary
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Issuer:     STEVEN MADDEN, LTD. (SHOO)
CIK:        0000913241
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0001493152-25-007575
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Steven Madden agrees to acquire Kurt Geiger for ~£289M enterprise value
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- Enterprise value of approx. £289M; net equity of £202M at closing under locked-box mechanism.
- Acquisition vehicle is UK subsidiary SML UK Holding Ltd; target is Mercury Acquisitions Topco Ltd (Kurt Geiger).
- Debt financing of up to $550M committed ($300M term loan + $250M revolver) from Citizens, JPMorgan, Citibank.
- Closing subject to HSR clearance and no adverse law; outside date December 5, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913241/000149315225007575/0001493152-25-007575-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913241/000149315225007575/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-007575

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