0000020520-14-000072.txt : 20140814 0000020520-14-000072.hdr.sgml : 20140814 20140814100027 ACCESSION NUMBER: 0000020520-14-000072 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140814 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140814 DATE AS OF CHANGE: 20140814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRONTIER COMMUNICATIONS CORP CENTRAL INDEX KEY: 0000020520 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 060619596 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11001 FILM NUMBER: 141040022 BUSINESS ADDRESS: STREET 1: HIGH RIDGE PK BLDG 3 CITY: STAMFORD STATE: CT ZIP: 06905 BUSINESS PHONE: 2036145600 MAIL ADDRESS: STREET 1: THREE HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 FORMER COMPANY: FORMER CONFORMED NAME: CITIZENS COMMUNICATIONS CO DATE OF NAME CHANGE: 20000619 FORMER COMPANY: FORMER CONFORMED NAME: CITIZENS UTILITIES CO DATE OF NAME CHANGE: 19920703 8-K 1 ftr-20140814x8k.htm 8-K 39689e307b3d48c

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington,  DC 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):    August 13, 2014

 

Frontier Communications Corporation

(Exact name of registrant as specified in its charter)

 

Delaware 

(State or other jurisdiction of incorporation)

 

 

 

001-11001

06-0619596

(Commission File Number)

(IRS Employer Identification No.)

 

 

3 High Ridge Park, Stamford,  Connecticut

06905

(Address of principal executive offices)

(Zip Code)

 

(203) 614-5600

(Registrant’s telephone number, including area code)

 

_________________

(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):

 

 

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17

CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 

 

Item 1.01        Entry into a Material Definitive Agreement

On August 13, 2014, Frontier Communications Corporation (the “Company”) entered into Amendment No. 1 (the “Amendment”) to the Stock Purchase Agreement, dated December 16, 2013, between AT&T Inc. (“AT&T”) and the Company (the “Stock Purchase Agreement”).    

Pursuant to the Amendment, the parties agreed, among other things, that the closing of the transactions contemplated by the Stock Purchase Agreement will take place on the later of (1) October 24, 2014 and (2) the first business day that is a Friday at least five (5) business days following the satisfaction or waiver of conditions set forth in the Stock Purchase Agreement, or in each case at such other time and place as the parties may mutually agree

Item 9.01        Financial Statements and Exhibits

(d)Exhibits

2.1       Amendment No. 1, dated August 13, 2014, to the Stock Purchase Agreement, dated December 16, 2013, between AT&T Inc. and Frontier Communications Corporation

 

 

 


 

 

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.

 

 

 

 

 

FRONTIER Communications CORPORATION

 

 

Date:  August 14, 2014

By:/s/ David G. Schwartz

 

David G. Schwartz

 

Vice President, Corporate Counsel and

 

Assistant Secretary

 

 

 

 

 


EX-2.1 2 ftr-20140814ex21ee5e949.htm EX-2.1 Amendment to SPA PR

Execution Version

 

AMENDMENT NO. 1 TO

STOCK PURCHASE AGREEMENT

 

This Amendment No. 1 (this “Amendment”) to the Stock Purchase Agreement (defined below) is made as of August 13, 2014, by and between AT&T INC., a Delaware corporation (“Seller”) and FRONTIER COMMUNICATIONS CORPORATION, a Delaware corporation (“Buyer” and, together with Seller, the “Parties”).

 

WHEREAS, the Parties entered into that certain Stock Purchase Agreement, dated as of December 16, 2013 (the “SPA”); and

 

WHEREAS, the Parties desire to amend the SPA.

 

NOW, THEREFORE, in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Buyer and Seller agree that the SPA shall be amended as follows:

 

1.

Amendment to Section 3.3 of the SPA.  Section 3.3 of the SPA is deleted and replaced with the following:

 

Closing. The Closing shall take place at the offices of Skadden, Arps, Slate, Meagher & Flom LLP, Four Times Square, New York, New York 10036 at 10:00 a.m. New York City time on the later of (i) October 24, 2014 and (ii) subject to clause (b) of the proviso below, the first Business Day that is a Friday at least five (5) Business Days following the satisfaction or waiver of the conditions set forth in Article VII (other than those conditions that by their nature are to be satisfied at the Closing, but subject to the satisfaction or waiver of those conditions), or in each case at such other time and place as the parties hereto may mutually agree in writing; provided,  however, that (a) notwithstanding the satisfaction or waiver of the conditions set forth in Article VII, Buyer shall not be obligated to effect the Closing prior to the fifth (5th) Business Day following the Marketing Period Termination Date, unless Buyer shall request an earlier date on three (3) Business Days prior written notice (but, subject in such case, to the satisfaction or waiver of the conditions set forth in Article VII (other than those conditions that by their nature are to be satisfied at the Closing, but subject to the satisfaction or waiver of those conditions)) and (b) in the event that the condition set forth in Section 7.1(b) relating to the Connecticut Public Utility Regulatory Authority and all other conditions set forth in Article VII (other than those conditions that by their nature are to be satisfied at the Closing, but subject to the satisfaction or waiver of those conditions) are satisfied or waived, in each case, on or before October 20, 2014, Closing shall occur on October 24, 2014 or such other time as the parties hereto may mutually agree in writing.  The date on which the Closing occurs is the “Closing Date”.  Closing shall be deemed to take effect at 11:59 p.m. local time on the Closing Date (the “Effective Time”).   

 

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2.

Amendment to Section 3.6(a) of the SPA.  The words “12:01 a.m. Connecticut time, on the Closing Date” in the first sentence of Section 3.6(a) of the SPA are deleted and replaced with the following:

 

the Effective Time 

 

3.

Amendment to Section 3.6(b) of the SPA.  The words “12:01 a.m. Connecticut time, on the Closing Date” in the first sentence of Section 3.6(b) of the SPA are deleted and replaced with the following:

 

the Effective Time 

 

4.

Amendment to Section 6.20 of the SPA.  Section 6.20 of the SPA is amended to add the following after subsection (b):

 

(c)  In the event that Buyer is not prepared to commence Cutover (as defined in Seller Schedule 6.20) immediately following the Closing, Seller or its Subsidiaries shall continue to operate and manage, on behalf of Buyer, the Transferred Business from Closing until the commencement of Cutover.  Seller or its Subsidiaries shall operate the Transferred Business after the Closing until commencement of Cutover in the same manner as the Transferred Business were operated immediately prior to the Closing, subject to any changes mutually agreed to by the parties in good faith.  No later than sixty (60) days prior to the Closing Date (as estimated by the parties in good faith), the parties shall mutually assess the specifics of the operation and management of the Transferred Business (after the Closing and prior to the commencement of Cutover) pursuant to the Transition Services Agreement.  No later than October 1, 2014, Buyer shall definitively notify Seller whether Pre-Cutover Services (as defined in the Transition Services Agreement) will be required; in the event that Buyer notifies Seller that Pre-Cutover Services are required, such services shall be provided in accordance with the Transition Services Agreement.

 

5.

Amendment to Section 9.1(b) of the SPA.  Section 9.1(b) of the SPA is deleted and replaced with the following:

 

(b)  by either Buyer or Seller, by giving written notice of such termination to the other party, if the Closing shall not have occurred by December 16, 2014 (as extended pursuant to this Section 9.1, the “Termination Date”); provided,  however, that the Termination Date may be extended from time to time by either Buyer or Seller one or more times to a date not beyond June 16, 2015 in the event that the conditions set forth in Section 7.1(a), Section 7.1(b), Section 7.2(a) or Section 7.3(a) have not been satisfied or waived;

 

6.

Amendment to Seller Schedule 6.20.  “Attachment – Cutover Plan” to Seller Schedule 6.20 is deleted and replaced in its entirety with “Attachment – Cutover Plan (amended as of August 13, 2014)” as set forth in Exhibit A hereto.

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7.

Effect of Amendment.  Except as specifically amended herein, the SPA shall remain in full force and effect, and is hereby ratified and confirmed.

 

8.

Counterparts.  This Amendment may be executed in one or more counterparts, each of which shall be deemed an original, and all of which shall constitute one and the same Amendment.

 

9.

Governing Law.  This Amendment shall be governed by and construed in accordance with the laws of the state of New York.

 

[Remainder of Page Intentionally Left Blank]  

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IN WITNESS WHEREOF, the Parties have executed or caused this Amendment to be executed as of the date first written above.

 

 

AT&T INC.

By: /s/ Rick Moore  

Name:  Rick Moore

Title:    SVP – Corporate Development

FRONTIER COMMUNICATIONS CORPORATION

By: /s/ Daniel J. McCarthy

Name:  Daniel J. McCarthy

Title:    President and Chief Operating Officer

 

 

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