{"schema_version":"secwatch.filing_event.v1","accession":"0001677703-23-000072","form_type":"8-K","ticker":"CNDT","cik":"0001677703","company_name":"CONDUENT Inc","filed_at":"2023-12-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.033924+00:00","generated_at":"2026-06-07T06:23:38.093174+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Conduent sells Curbside Management & Public Safety units to Modaxo for ~$260M","bullets":["Enterprise value ~$260M, representing ~8x trailing 12-month adjusted EBITDA of the sold businesses.","Buyer is Modaxo, a division of Constellation Software Inc. (TSX: CSU); close expected Q1 2024, subject to regulatory approvals.","Proceeds will be used principally to reduce debt; follows previously announced BenefitWallet divestiture.","Businesses serve ~130 government clients and operate largely independently from Conduent's remaining transportation portfolio."],"urls":{"canonical":"https://secwatch.observer/filing/0001677703-23-000072","json":"https://secwatch.observer/filing/0001677703-23-000072.json","markdown":"https://secwatch.observer/filing/0001677703-23-000072.md","text":"https://secwatch.observer/filing/0001677703-23-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1677703/000167770323000072/0001677703-23-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1677703/000167770323000072/cndt-20231228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:23:38.093174+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"}