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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 23, 2001
UNITEL VIDEO, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-8654 23-1713238
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(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
555 West 57th Street, New York, New York 10019
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(Address of principal executive offices) (Zip Code)
212-265-3600
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(Registrant's telephone number, including area code)
N/A
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(Former name or former address,
if changed since last report)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On January 5, 2001, Unitel Video, Inc. (the "Company"), Unitel 53 LLC
and Unitel 57 LLC, each a debtor and a debtor in possession under Case Nos.
99-02979, 99-02981 and 99-02982 (the Company, together with the other debtors,
the "Debtors") in the United States Bankruptcy Court for the District of
Delaware (the "Court"), entered into an Asset Purchase Agreement (the
"Agreement") with All Mobile Video, Inc. for the sale of substantially all of
the assets used by the Debtors in connection with their studio production
business (the "Assets") for $23 million. On January 8, 2001, the Court entered
an order approving the Agreement and the sale of the Assets. The transactions
contemplated by the Agreement were consummated on April 23, 2001.
ITEM 7. FINANCIAL STATEMENT, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Financial statements of business acquired:
Not applicable
(b) Pro forma financial information:
It is impractical for the Company to provide the required pro
forma financial information at this time. The Company expects to
file such information with the Securities and Exchange Commission
on or before July 6, 2001.
(c) Exhibits:
2.1 Asset Purchase Agreement, dated January 5, 2001, between the
Company and All Mobile Video, Inc.
99.1: The Company's press release, dated April 24, 2001.
99.2: Order authorizing and approving the Agreement, the sale of
substantially all of the Assets and all other transactions
necessary to consummate the sale of the Assets, entered by the
Court.
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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, thereunto duly authorized.
UNITEL VIDEO, INC.
Date: April 24, 2001 By: /s/ BRIAN MITTMAN
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Brian Mittman
Vice President
Getzler & Co., Inc.
For Unitel Video, Inc.
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EXHIBIT INDEX
Exhibit No. Exhibit
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2.1 Asset Purchase Agreement, dated January 5, 2001, between the
Company and All Mobile Video, Inc.
99.1 The Company's press release, dated April 24, 2001.
99.2 Order authorizing and approving the Agreement, the sale of
substantially all of the Assets and all other transactions
necessary to consummate the sale of the Assets, entered by the
Court.
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