8-K - Great Lakes Dredge & Dock Corporation | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Great Lakes Dredge & Dock Corporation announced it entered into a definitive agreement to be acquired by Saltchuk Resources, Inc. for approximately $1.2 billion in equity value and $1.5 billion total transaction value, and will cancel its upcoming earnings call due to the pending transaction.

Key Takeaways

1Great Lakes Dredge & Dock Corporation entered into a definitive acquisition agreement with Saltchuk Resources, Inc. on February 10, 2026.

2The acquisition has an aggregate equity value of approximately $1.2 billion.

3The total transaction value is approximately $1.5 billion.

4The company will not hold its previously announced earnings call scheduled for February 17, 2026 due to the pending transaction.

5The company expects to release its financial results for the three and twelve months ended December 31, 2025 in connection with filing its Annual Report.

Current Report Details

Event Type

Other Event

Disclosure

Voluntary

Variant

8-K

Items Reported

8.01

Other Events. As previously announced, on February 10, 2026, Great Lakes Dredge & Dock Corporation entered into a definitive agreement to be acquired by Saltchu

Other Event

$1.20B$1.50B

Transaction Details

Acquisition / Disposition

Target: Great Lakes Dredge & Dock Corporation
Consideration: Aggregate equity value of approximately $1.2 billion and total transaction value of $1.5 billion
Structure: Acquisition

•Definitive agreement entered into on February 10, 2026
•Transaction is pending

Exhibits (1)

8-K

FORM 8-K