-----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, Pb7QIvNqf/mh5qwiJZ0FS7ZtxsAnkoqKbeYmxWtWhpUxLQR+nWY+xqjMz21EzRw+ nO+g2B8Hr/HBc1eA5z8Geg== 0000950120-97-000288.txt : 19971022 0000950120-97-000288.hdr.sgml : 19971022 ACCESSION NUMBER: 0000950120-97-000288 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19971012 ITEM INFORMATION: FILED AS OF DATE: 19971021 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: ICG COMMUNICATIONS INC CENTRAL INDEX KEY: 0001013240 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 841342022 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11965 FILM NUMBER: 97698714 BUSINESS ADDRESS: STREET 1: 9605 E MAROON CIRCLE STREET 2: PO BOX 6742 CITY: ENGLEWOOD STATE: CO ZIP: 80155 BUSINESS PHONE: 3035735960 MAIL ADDRESS: STREET 1: 9605 E. MAROON CIRCLE STREET 2: P O OX 6742 CITY: ENGLEWOOD STATE: CO ZIP: 80155-6742 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ICG HOLDINGS CANADA INC CENTRAL INDEX KEY: 0000786343 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 841128866 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11052 FILM NUMBER: 97698715 BUSINESS ADDRESS: STREET 1: C/O INTELCOM GROUP (USA) INC STREET 2: 9605 EAST MAROON CIRCLE P O BOX 6742 CITY: ENGLEWOOD STATE: CO ZIP: 80155-6742 BUSINESS PHONE: 3035725960 MAIL ADDRESS: STREET 1: C/O INTELCOM GROUP (USA) INC STREET 2: PO BOX 6742 CITY: ENGLEWOOD STATE: CO ZIP: 80112 FORMER COMPANY: FORMER CONFORMED NAME: INTERTEL COMMUNICATIONS INC DATE OF NAME CHANGE: 19930107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ICG HOLDINGS INC CENTRAL INDEX KEY: 0001001131 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 841128866 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 033-96540 FILM NUMBER: 97698716 BUSINESS ADDRESS: STREET 1: 9605 E MAROON CIRCLE STREET 2: P O BOX 6742 CITY: ENGLEWOOD STATE: CO ZIP: 80155-6742 BUSINESS PHONE: 3035725984 MAIL ADDRESS: STREET 1: P O BOX 6742 STREET 2: SUITE 1610 CITY: ENGLEWOOD STATE: CO ZIP: 80112 8-K 1 FORM 8-K OF ICG COMMUNICATIONS, INC. ET AL 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) October 12, 1997 ------------------------- ICG COMMUNICATIONS, INC. ------------------------------------------------------------------------- (Exact name of registrant as specified in charter) Delaware 1-11965 84-1342022 ------------------------------------------------------------------------- (State of Incorporation) (Commission (IRS Employer File Number) Identification No.) 9605 E. Maroon Circle, P.O. Box 6742, Englewood, Colorado 80155-6742 -------------------------------------------------------------------- (Address of principal executive offices) ICG HOLDINGS (CANADA), INC. ------------------------------------------------------------------------- (Exact name of registrant as specified in charter) Canada 1-11052 Not Applicable ------------------------------------------------------------------------- (State of Incorporation) (Commission (IRS Employer File Number) Identification No.) 1710-1177 West Hastings Street, Vancouver, British Columbia V6E 2L3 ------------------------------------------------------------------- (Address of principal executive offices) ICG HOLDINGS, INC. ------------------------------------------------------------------------- (Exact name of registrant as specified in charter) Colorado 33-96540 84-1158866 ------------------------------------------------------------------------- (State of Incorporation) (Commission (IRS Employer File Number) Identification No.) 9605 E. Maroon Circle, P.O. Box 6742, Englewood, Colorado 80155-6742 -------------------------------------------------------------------- (Address of principal executive offices) Registrants' telephone numbers, including area codes (800) 650-5960 or -------------------- (303) 572-5960 -------------------- N/A --------- (Former name or former address, if changed since last report.) ITEM 5. OTHER EVENTS. ------ ------------ On October 12, 1997, NETCOM On-Line Communications Services, Inc., a Delaware corporation ("NETCOM"), entered into an Agreement and Plan of Merger (the "Merger Agreement") with ICG Communications, Inc., a Delaware corporation ("ICG"), pursuant to which ICG has agreed to acquire NETCOM through a tax-free merger (the "Merger") of a newly formed Delaware subsidiary of ICG with and into NETCOM. Under the terms of the Merger Agreement, each share of NETCOM's $.01 par value Common Stock would be exchanged for 0.8628 shares of Common Stock, $.01 par value, of ICG ("ICG Common Stock"), subject to adjustment as described below. The closing price of a share of ICG Common Stock on the Nasdaq National Market on October 10, 1997 was $26.25. The exchange ratio will be subject to adjustment as follows: If the volume weighted average price for one share of ICG Common Stock for the ten consecutive trading days ending two trading days prior to the closing of the Merger (the "ICG Closing Price") drops below $22.125 but no less than $19.00, the exchange ratio will be adjusted to equal the fraction obtained by dividing $19.0625 by the ICG Closing Price, and if the ICG Closing Price drops below $19.00 per share, the exchange ratio will be fixed at 1.0078 shares of ICG Common Stock for each share of NETCOM Common Stock. The Merger has been unanimously approved by the Boards of Directors of both ICG and NETCOM. Either party may terminate the Merger Agreement without liability if such party's independent auditors render written advice that the Merger will not qualify for pooling-of-interests accounting treatment, or upon the occurrence of other specified events. The Merger is subject to the effectiveness of a registration statement registering the shares of ICG Common Stock that will be issued pursuant to the Merger Agreement. In addition, the consummation of the Merger is conditioned upon approval by the stockholders of both ICG and NETCOM, certain regulatory approvals, required consents and other customary closing conditions. The parties expect the transaction to close during the first quarter of 1998. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized. Dated: October 21, 1997 ICG COMMUNICATIONS, INC. By:/s/ James D. Grenfell ----------------------------- James D. Grenfell Executive Vice President and Chief Financial Officer ICG HOLDINGS (CANADA), INC. By:/s/ James D. Grenfell ----------------------------- James D. Grenfell Executive Vice President and Chief Financial Officer ICG HOLDINGS, INC. By:/s/ James D. Grenfell ----------------------------- James D. Grenfell Executive Vice President and Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----