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): April 29, 2016
CTC MEDIA, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware |
| 000-52003 |
| 58-1869211 |
(State or Other |
| (Commission |
| (IRS Employer |
31A Leningradsky Prospekt |
| 125284 |
(Address of Principal Executive Offices) |
| (Zip Code) |
Registrant’s telephone number, including area code: +7-495-785-6347
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.01. Completion of an Acquisition or Disposition of Assets
On April 29, 2016, CTC Media, Inc., a Delaware corporation (the “Company”), announced that the consideration to be paid in its previously announced cash-out merger transaction is expected to be $2.05 per share. The Company anticipates that the merger will close by the middle of May 2016, following the receipt of a pending tax refund from the U.S. Internal Revenue Service. The Company also provided further information on the merger and the consideration to be paid, as described in the Company’s press release attached as Exhibit 99.1 and which is incorporated herein by reference.
Item 8.01. Other Events
On April 29, 2016, the Company issued a press release announcing the per share merger consideration price and the anticipated timing of the merger, a copy of which is attached as Exhibit 99.1 and which is incorporated herein by reference.
(d) Exhibits
99.1 Press release dated April 29, 2016.
SIGNATURE
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.
| CTC MEDIA, INC. | ||
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Date: April 29, 2016 |
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| By: | /s/ JEAN-PIERRE MOREL | |
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| Name: | Jean-Pierre Morel |
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| Title: | Chief Executive Officer and Chief Financial Officer |
