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): November 1, 2013
United Online, Inc.
(Exact name of registrant as specified in its charter)
Delaware |
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000-33367 |
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77-0575839 |
(State or other jurisdiction of |
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(Commission File Number)
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(I.R.S. Employer Identification |
21301 Burbank Boulevard |
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91367 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (818) 287-3000
N/A
(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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On November 1, 2013, United Online, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
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Description |
99.1 |
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Press release dated November 1, 2013. |
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: November 1, 2013 |
UNITED ONLINE, INC. | |
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BY: |
/s/ Neil P. Edwards |
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Neil P. Edwards |
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Executive Vice President and Chief Financial Officer |
Exhibit 99.1
United Online Completes Tax-Free Spin Off of FTD
WOODLAND HILLS, Calif.(BUSINESS WIRE)November 1, 2013United Online, Inc. (Nasdaq: UNTD) today announced that it has successfully completed the separation of FTD Companies, Inc. (FTD) from United Online, Inc. (United Online) through a tax-free dividend involving the distribution of all FTD common stock held by United Online to United Onlines stockholders. In addition, United Online also announced the completion of a one-for-seven reverse stock split of United Online shares. Under the terms of the distribution and the reverse stock split:
· United Online stockholders were distributed one share of FTD common stock for every five shares of United Online common stock they held as of the close of business on October 10, 2013, the record date, effective as of 12:01 a.m. Eastern Daylight Time (EDT) on November 1, 2013 (prior to giving effect to the reverse stock split of United Online shares).
· United Online effected a one-for-seven reverse stock split of United Online common stock at 11:59 p.m. EDT on October 31, 2013.
As of today, FTD is an independent, publicly-traded company on the NASDAQ stock exchange, called FTD Companies, Inc. FTD will begin regular-way trading today on the Nasdaq Global Select Market under the symbol FTD.
United Online continues to operate the businesses of its Content & Media and Communications segments, supported by the Classmates®, StayFriends, MyPoints®, NetZero®, and Juno® brands. United Onlines common stock will begin trading on a post one-for-seven reverse stock split basis today on the Nasdaq Global Select Market under the symbol UNTD.
About United Online®
United Online, Inc. (Nasdaq: UNTD), through its operating subsidiaries, is a leading provider of consumer products and services over the Internet, where their respective brands have attracted a large online audience that includes more than 100 million registered accounts worldwide. United Onlines Content & Media segment provides online nostalgia products and services (Classmates and StayFriends) and online loyalty marketing (MyPoints). Its primary Communications segment service is Internet access (NetZero and Juno), including NetZero Mobile Broadband (NetZero Wireless).
Source: United Online, Inc.
United Online, Inc.
Investors:
David Bigelow, 818-287-3560
dbigelow@corp.untd.com
or
Press:
Scott Matulis, 818-287-3388
pr@untd.com