UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported):
May 18, 2004
MDU Communications International, Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware |
(State or Other Jurisdiction of Incorporation) |
| | |
0-26053 | | 84-1342898 |
(Commission File Number) | | (I.R.S. Employer Identification No.) |
| | |
60-D Commerce Way
Totowa, New Jersey | | 07512 |
(Address of Principal Executive offices) | | (Zip Code) |
| | |
(973) 237-9499 |
(Registrant’s Telephone Number, Including Area Code) |
| | |
Not Applicable |
(Former Name or Former Address, if changed Since Last Report) |
Item 5. Other Events
On May 18, 2004, MDU Communications (USA) Inc., the wholly owned subsidiary of MDU Communications International, Inc. (collectively, the “Company”), executed a definitive agreement to acquire the business assets of Direct Satellite, Inc. (“DSI”), a provider of private cable and high-speed Internet services to Chicago area multi-family properties. DSI currently has approximately 4,400 video, 400 high-speed Internet and 100 DIRECTVÒ subscribers and a backlog of approximately 4,800 units. The closing is subject to certain remaining conditions, but the Company expects closing to occur in approximately one week. The purchase price for the acquisition will be $2.4 million.
The Company issued a press release regarding the execution of the agreement. A copy of the press release, dated May 19, 2004, is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 19, 2004 | MDU Communications International, Inc. |
| | |
| | |
| By: | /s/ Sheldon Nelson | |
| Sheldon Nelson, Chief Executive Officer |
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INDEX TO EXHIBITS
Exhibit No. | | Description |
| | |
99.1 | | Press Release dated May 19, 2004 |
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