-----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, Ed7JZn2OUHahqI5D6TEmp87xGuLIWbmEcKEf1eU32wgkXzYGeF42SaCSYDPimuD8 boPSmfMfzq4oA3bYhyfs7Q== 0000898822-03-000855.txt : 20030808 0000898822-03-000855.hdr.sgml : 20030808 20030808164731 ACCESSION NUMBER: 0000898822-03-000855 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030808 ITEM INFORMATION: Acquisition or disposition of assets ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTERACTIVECORP CENTRAL INDEX KEY: 0000891103 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] IRS NUMBER: 592712887 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20570 FILM NUMBER: 03832315 BUSINESS ADDRESS: STREET 1: 152 WEST 57TH ST STREET 2: 42ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2123147300 MAIL ADDRESS: STREET 1: 152 WEST 57TH ST STREET 2: 42ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: USA INTERACTIVE DATE OF NAME CHANGE: 20020508 FORMER COMPANY: FORMER CONFORMED NAME: USA NETWORKS INC DATE OF NAME CHANGE: 19980223 FORMER COMPANY: FORMER CONFORMED NAME: HSN INC DATE OF NAME CHANGE: 19970111 8-K 1 aug88-k.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 8, 2003 INTERACTIVECORP (Exact name of Registrant as specified in charter) DELAWARE 0-20570 59-2712887 (State or other jurisdiction (Commission File (IRS Employer of incorporation) Number) Identification No.) 152 West 57th Street, New York, NY 10019 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 314-7300 N/A (Former Name or Former Address, if Changed Since Last Report) ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS On August 8, 2003, InterActiveCorp ("IAC"), formerly USA Interactive, completed its acquisition of the outstanding shares of Expedia, Inc. ("Expedia") common stock that it did not already own through the merger of a wholly owned subsidiary of IAC with Expedia, with Expedia surviving as a wholly owned subsidiary of IAC. In the merger, each outstanding share of Expedia common stock was converted into the right to receive 1.93875 shares of IAC common stock, and each outstanding Expedia shareholder warrant and Expedia employee warrant, both to acquire one share of Expedia common stock, were converted into IAC warrants to acquire 1.93875 shares of IAC common stock. Please see the full text of the Company's press release, filed as Exhibit 99.1 hereto, which is incorporated herein by reference. IAC filed a registration statement on Form S-4 (file no. 333-104973), as amended, registering under the Securities Act of 1933, as amended, the shares of IAC common stock, IAC warrants and IAC common stock underlying the IAC warrants issued in the Expedia transaction. The registration statement contains additional information about the transaction. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits. 99.1 Press Release dated August 8, 2003. 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. INTERACTIVECORP By: /s/ Dara Khosrowshahi ---------------------------- Name: Dara Khosrowshahi Title: Executive Vice President and Chief Financial Officer Date: August 8, 2003 EXHIBIT INDEX Exhibit No. Description ----------- ------------ 99.1 Press Release dated August 8, 2003. EX-99 3 aug8pressrelease.txt EXHIBIT 99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE IAC COMPLETES ACQUISITION OF EXPEDIA, INC. NEW YORK, NEW YORK - AUGUST 8, 2003 - IAC/InterActiveCorp (Nasdaq: IACI) today announced the successful completion of its acquisition of the outstanding shares of Expedia, Inc. that it did not already own through the merger of a wholly owned subsidiary of IAC with and into Expedia. Expedia will continue operations as a wholly owned operating business of IAC. The acquisition became effective as of the close of market today. In connection with the acquisition, each share of Expedia common stock was converted into 1.93875 shares of IAC common stock, each publicly traded Expedia warrant to purchase one share of Expedia common stock was converted into an IAC warrant to purchase 1.93875 shares of IAC common stock, and outstanding options to purchase Expedia common stock were converted into options to purchase IAC common stock. In the transaction, IAC issued to Expedia's public shareholders approximately 100.8 million basic shares of IAC common stock and 133.3 million shares on a fully diluted, treasury method basis. Shares of Expedia common stock and warrants to purchase one share of Expedia common stock, which prior to the merger traded on the Nasdaq National Market under the symbols EXPE and EXPEW, respectively, were delisted from trading as of the close of the market today. Warrants to purchase 1.93875 shares of IAC common stock issued in connection with the acquisition will commence trading on the Nasdaq National Market under the ticker symbol IACIZ as of the market opening on Monday, August 11, 2003. ABOUT EXPEDIA, INC. - ------------------- Expedia, Inc. is the world's leading online travel service and the fourth largest travel agency in the U.S. Expedia's award-winning Expert Searching and Pricing (ESP) technology delivers the most comprehensive flight options available online. ESP also allows customers to dynamically build complete trips that combine flights, Expedia(R) Special Rate hotels and other lodging, ground transportation, and destination activities. Expedia operates Classic Custom Vacations(R), a leading wholesaler of premiere vacation packages to destinations such as Hawaii, Mexico, Europe and the Caribbean; and Metropolitan Travel, a corporate travel agency. Expedia, Inc.'s wholly owned subsidiary, Travelscape, Inc., operates WWTE(tm), bringing complementary cross-sell and dynamic packaging booking functionality to third parties on a private-label basis. Expedia is a wholly owned operating business of IAC/InterActiveCorp (NASDAQ: IACI). ABOUT IAC/INTERACTIVECORP - ------------------------- IAC/InterActiveCorp (Nasdaq: IACI), formerly USA Interactive, is comprised of the following operating businesses: Expedia, Inc., which oversees Interval International and TV Travel Shop; Hotels.com; HSN; Ticketmaster, which oversees Evite and ReserveAmerica; Match.com, which oversees uDate.com; Entertainment Publications; Citysearch; and Precision Response Corporation. IAC has also entered into an agreement to acquire LendingTree (Nasdaq: TREE), which is expected to be completed in the third quarter of 2003. The goal of the Company is to be the world's largest and most profitable interactive commerce company by pursuing a multi-brand strategy. # # # Contacts: Deborah Roth, IAC Corporate Communications, 212/314-7254; Roger Clark/Lauren Rosenfield, IAC Investor Relations, 212/314-7400; Andrea Riggs, Expedia, Inc. Communications, 425/748-3837; Marj Charlier, Expedia, Inc. Investor Relations, 425/564-7666 -----END PRIVACY-ENHANCED MESSAGE-----