-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VTy4z+VW0chOCFKmrNV8ffjwuyxy2g3sOrRsdVnHpYd7Z4OECCsLhiuQnUN8V1to 8XTRVSgsskbdiZCHxfhRpw== 0000950130-02-005543.txt : 20020806 0000950130-02-005543.hdr.sgml : 20020806 20020806105806 ACCESSION NUMBER: 0000950130-02-005543 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020806 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020806 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACTERNA CORP CENTRAL INDEX KEY: 0000030841 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 042258582 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12657 FILM NUMBER: 02720268 BUSINESS ADDRESS: STREET 1: 3 NEW ENGLAND EXECUTIVE PARK CITY: BURLINGTON STATE: MA ZIP: 01803-5087 BUSINESS PHONE: 6172726100 MAIL ADDRESS: STREET 1: 3 NEW ENGLAND EXECUTIVE PARK CITY: BURLINGTON STATE: MA ZIP: 01803-5087 FORMER COMPANY: FORMER CONFORMED NAME: DYNATECH CORP DATE OF NAME CHANGE: 19920703 8-K 1 d8k.txt FORM 8-K 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): August 6, 2002 Acterna Corporation (Exact name of registrant as specified in its charter) Delaware 000-07438 04-2258582 (State or other jurisdiction of (Commission File No.) (IRS Employee incorporation) Identification No.) 20410 Observation Drive Germantown, Maryland 20876 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (301) 353-1550 Item 5. Other Events. On August 6, 2002, Acterna Corporation ("Acterna") issued a press release announcing the second extension of the expiration date for the cash tender offers for up to $155 million, on a combined basis, of the outstanding 9 3/4% Senior Subordinated Notes due 2008 of Acterna LLC, a Delaware limited liability company that is wholly-owned by Acterna ("Acterna LLC"), and the satisfaction of certain of the conditions to the cash tender offers. The tender offers, which were commenced on June 24, 2002 and originally scheduled to expire on July 22, 2002, and which were previously extended until August 5, 2002, have been extended to expire at 5:00 p.m., New York City time, on Monday, August 12, 2002, unless further extended. A copy of the press release relating to the extension of the expiration date for the tender offers is attached hereto as Exhibit 99.1 and incorporated herein by reference. Item 7. Financial Statements and Exhibits. Exhibit 99.1: Press Release, dated August 6, 2002, entitled "Acterna Corporation Announces Second Extension of Expiration Date for Combined Cash Tender Offers for Outstanding Notes of Acterna LLC". 2 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. ACTERNA CORPORATION Date: August 6, 2002 By: /s/ John D. Ratliff --------------------------------------- Name: John D. Ratliff Title: Senior Vice President and Chief Financial Officer 3 EX-99.1 3 dex991.txt PRESS RELEASE DATED AUGUST 6, 2002 EXHIBIT 99.1 PRESS RELEASE ACTERNA CORPORATION ANNOUNCES SECOND EXTENSION OF EXPIRATION DATE FOR COMBINED CASH TENDER OFFERS FOR OUTSTANDING NOTES OF ACTERNA LLC Germantown, MD, August 6, 2002 - Acterna Corporation (Nasdaq: ACTR) today announced the second extension of the expiration date of the cash tender offers for up to $155 million, on a combined basis, in principal amount of the outstanding 9 3/4 percent Senior Subordinated Notes due 2008 of Acterna. The tender offers, which are being made by Acterna LLC (Acterna) and CD&R VI (Barbados), Ltd. (CD&R Barbados), are described in the Offers to Purchase dated June 24, 2002. The tender offers, which were originally scheduled to expire at midnight, New York City time, on Monday, July 22, 2002, and which were previously extended to August 5, 2002, have been extended to expire at 5:00 p.m., New York City time, on Monday, August 12, 2002, unless further extended. Payment for Notes validly tendered and not validly withdrawn will be made promptly following expiration of the offers. Acterna expects all conditions to the tender offers to be satisfied this week. Acterna has received all requisite governmental approvals for the sale of its Airshow business to Rockwell Collins, and expects that the closing of the Airshow sale will take place shortly. The Company has also reached agreement with CD&R Barbados on the terms of the investment right granted to CD&R Barbados of all future cash interest received, on an after tax basis, on all of the notes held by CD&R Barbados upon the completion of the tender offers in new senior secured convertible notes of Acterna LLC. The tender offers are expected to close promptly following their expiration on August 12, 2002. At the close of business on August 5, 2002, $153,320,000 principal amount of the Notes had been validly tendered, representing Notes with an aggregate purchase price of approximately $33.7 million. The Company and CD&R Barbados have offered to purchase up to $155 million principal amount of Notes, on a combined basis. Miller Buckfire Lewis & Co., LLC is acting as the exclusive Dealer Manager. Inquiries relating to the tender offer should be directed to Marc D. Puntus at MBL at 212-895-1819. Requests for additional copies of the tender offer materials may be directed to MacKenzie Partners, Inc., the Information Agent, at (800) 322-2885. This press release does not constitute an offer to purchase the Notes. The tender offers are made solely by the Offers to Purchase. * * * About the Offerors Based in Germantown, Maryland, Acterna Corporation is the holding company for Acterna, Airshow, da Vinci Systems and Itronix. Acterna is the world's second largest communications test and management company. The company offers instruments, systems, software and services used by service providers, equipment manufacturers and enterprise users to test and optimize performance of their optical transport, access, cable, data/IP and wireless networks and services. Airshow supplies in-flight passenger information systems to the aviation industry while da Vinci Systems designs and markets video color correction systems to the video postproduction industry. Itronix sells ruggedized computing devices for field service applications to a range of industries. Additional information on Acterna is available at http://www.acterna.com. CD&R Barbados is a Barbados company holding an International Business Company license. All of the capital stock of CD&R Barbados is owned by Clayton, Dubilier & Rice Fund VI Limited Partnership, an affiliate of Acterna that is managed by Clayton, Dubilier & Rice, Inc. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect Acterna's current judgment on certain issues. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially. Important factors that could cause actual results to differ materially are described in Acterna's reports on Form 10-K and 10-Q on file with the Securities and Exchange Commission. Contacts Investor Contact: Maria Henry, Acterna Corporation, 301-353-1550, ext 1207 Media Contact: Jim Monroe, Acterna Corporation, 301-353-1560, ext. 4366 2 -----END PRIVACY-ENHANCED MESSAGE-----