Close the merger transaction with Magellan Midstream Partners
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
- 7 Aug 2023
- Due
- 30 Sep 2023
- Delivered
- 25 Sep 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The pending merger transaction is expected to close during the third quarter of 2023”
What we found
Evidence strength A What the grades mean
ONEOK completed the Magellan merger on September 25, 2023, within the third quarter of 2023 as stated in the announcement.
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A Oneok 10-Q filed 2023-11-01
“The transaction completed on September 25, 2023, pursuant to which ONEOK acquired all of Magellan’s outstanding common units in a cash-and-stock transaction” ✓ confirmed on the page
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A Oneok 10-Q filed 2023-11-01
“On September 25, 2023, we completed the previously announced agreement to acquire all the outstanding common units of Magellan in a cash-and-stock transaction.” ✓ confirmed on the page
Market reaction: the shares moved -1.4% against the S&P 500 over the three sessions around the disclosure (31 Oct 2023 to 3 Nov 2023). What this measures
Checked 15 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Merger
- Indicative materiality
- Transformational rules
- Action
- Close
- Deliverable
- Merger with Magellan Midstream Partners
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to the approval of both ONEOK shareholders and Magellan unitholders; other customary closing conditions
- Depends on
- Shareholder, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), 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
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Report an error in this entry Reference: KI-C-2023-OKE-010005 · Corrections policy