Close the acquisition of Uni-Select Inc
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 27 Feb 2023
- Due
- 31 Dec 2023
- Delivered
- 1 Aug 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The Transaction will be implemented by way of a plan of arrangement under the Business Corporations Act (Québec) and is expected to close in the second half of 2023”
What we found
Evidence strength A What the grades mean
LKQ Corporation completed the acquisition of Uni-Select Inc. on August 1, 2023, which falls within the second half of 2023 as originally committed.
-
A LKQ Corporation 10-K filed 2024-02-22
“On August 1, 2023, we acquired all of Uni-Select's issued and outstanding shares” ✓ confirmed on the page
Market reaction: the shares moved +2.5% against the S&P 500 over the three sessions around the disclosure (21 Feb 2024 to 26 Feb 2024). What this measures
Checked 21 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- 1 versions
-
Version 1 · original · stated 27 Feb 2023
Deadline 31 Dec 2023 (“in the second half of 2023”) · wording expected
-
Version 2 · stated 27 Jul 2023
Deadline 1 Aug 2023 (“on or around August 1, 2023”) · wording expected
“the Arrangement is currently anticipated to be completed on or around August 1, 2023”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Uni-Select Inc. acquisition
- Where
- Canada
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: receipt of anti-trust clearances in Canada, the U.S. and the U.K.; approval under the Investment Canada Act; Uni-Select shareholder approval; court approval
- Depends on
- Regulatory, Shareholder, Court
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
Are you LKQ Corporation? You can publish an official statement next to this entry, free. Add a statement.
Is something here wrong or out of date? Companies and readers can ask us to check it. Please bring a link to a public source.
Report an error in this entry Reference: KI-C-2023-LKQ-017980 · Corrections policy