SEC Filings

 

GRAY TELEVISION INC filed this 8-K on 20180625

Document Outline
Entire Document (5.1 MB)
Subdocument - 8-K - FORM 8-K
  Page 1 - UNITED STATES
  Page 2 - Item 1.01 Entry into a Material Definitive Agreement.
  Page 3 - the requisite number of Raycom stockholders, adopting the Merger Agreement and approving the transac
  Page 4 - Item 7.01 Regulation FD Disclosure.
  Page 5 - SIGNATURES
Subdocument - EX-2.1 - EX-2.1
  Page 1 - Exhibit 2.1
  Page 2 - TABLE OF CONTENTS
  Page 3 - TABLE OF CONTENTS
  Page 4 - TABLE OF CONTENTS
  Page 5 - TABLE OF CONTENTS
  Page 6 - TABLE OF CONTENTS
  Page 7 - AGREEMENT AND PLAN OF MERGER
  Page 8 - G. Pursuant to the Merger (and on the terms and subject to the conditions set forth in this Agreemen
  Page 9 - 1.6 Merger Consideration.
  Page 10 - Company Common Stock Actually Outstanding means the number of shares of Company Common Stock outstan
  Page 11 - Company Warrantholders means the holders of all the outstanding and unexercised Company Warrants at
  Page 12 - Parent Common Stock means Parent s Common Stock, no par value.
  Page 13 - Per Common Share Closing Merger Consideration means an amount equal to the quotient of (a) (i) $650,
  Page 14 - Transaction Expenses means all fees, costs and expenses of the Company Group (including those descri
  Page 15 - 1.7 Escrow Amount.
  Page 16 - 1.8 Trial Run; Calculation and Payment of Estimated Cash Merger Consideration.
  Page 17 - 1.9 Calculation and Payment of Final Cash Merger Consideration.
  Page 18 - N/A
  Page 19 - 1.10 Conversion/Cancellation of Shares.
  Page 20 - N/A
  Page 21 - 1.11 Stock Options.
  Page 22 - 1.12 Company Warrants. The Company shall cause all Company Warrants that are outstanding and unexerc
  Page 23 - 1.14 Payment of Consideration; Surrender of Certificates.
  Page 24 - Exhibit G (the Registration Rights Agreement ), to each Effective Time Common Holder and each Compan
  Page 25 - 1.15 No Further Ownership Rights in Company Stock. The Closing Merger Consideration paid in respect
  Page 26 - 1.18 Withholding. Each of Parent, the Company, the Surviving Corporation, the Payments Administrator
  Page 27 - 1.20 Private Placement. Parent intends to issue the Parent Common Stock in reliance on the exemption
  Page 28 - SECTION 2. REPRESENTATIONS AND WARRANTIES OF THE COMPANY
  Page 29 - 2.3 Subsidiaries.
  Page 30 - 2.4 Capitalization.
  Page 31 - Section 2.4(e) of the Disclosure Schedule, there are no outstanding or authorized stock appreciation
  Page 32 - 2.6 Non-Contravention. The execution, delivery and performance by the Company of this Agreement and
  Page 33 - 2.10 Properties.
  Page 34 - 2.11 Taxes. Except as set forth on Section 2.11 of the Disclosure Schedule:
  Page 35 - N/A
  Page 36 - N/A
  Page 37 - 2.12 Litigation. Except as disclosed in Section 2.12 of the Disclosure Schedule, there is no Legal P
  Page 38 - N/A
  Page 39 - 2.14 Intellectual Property.
  Page 40 - 2.16 Compliance with Legal Requirements.
  Page 41 - 2.17 FCC Matters.
  Page 42 - 2.18 Employee Benefit Plans.
  Page 43 - N/A
  Page 44 - PBGC ) have been timely paid in full; (vi) no Liability under Title IV of ERISA related to plan term
  Page 45 - 2.19 Employees.
  Page 46 - 2.20 Government Programs. No agreements, loans, funding arrangements or assistance programs are outs
  Page 47 - 2.25 Sufficiency of Assets. Immediately following the Effective Time, the Company Group (excluding C
  Page 48 - SECTION 3. REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB
  Page 49 - 3.5 Banker Fees. Other than Wells Fargo, there is no investment banker, broker, finder or other inte
  Page 50 - 3.7 FCC Qualifications. Subject to the Regulatory Divestitures, (i) Parent is legally, technically,
  Page 51 - 3.11 Solvency. Assuming (a) the conditions to the obligations of Parent and Merger Sub to consummate
  Page 52 - SECTION 4. PRE-CLOSING COVENANTS
  Page 53 - N/A
  Page 54 - N/A
  Page 55 - N/A
  Page 56 - N/A
  Page 57 - 4.3 No Solicitation.
  Page 58 - 4.4 Efforts to Consummate.
  Page 59 - 4.6 Execution of Additional Documents. Prior to Closing, from time to time, as and when requested by
  Page 60 - N/A
  Page 61 - N/A
  Page 62 - 4.9 Financing Commitment.
  Page 63 - Agreement ) providing therefor. In such event, the term Financing as used in this Agreement shall be
  Page 64 - N/A
  Page 65 - 4.10 Termination of Certain Stockholder Agreements. Effective upon or prior to the Closing, the Comp
  Page 66 - 4.12 Anti-Dilution. During the Pre-Closing Period, Parent shall not, without the prior written conse
  Page 67 - 5.2 Cooperation. The parties hereto shall cooperate with each other and shall cause their respective
  Page 68 - 5.5 Confidential Information.
  Page 69 - 5.6 Tax Matters.
  Page 70 - 5.7 Employee Benefit Arrangements.
  Page 71 - SECTION 6. CONDITIONS PRECEDENT
  Page 72 - 6.2 Conditions Precedent to Obligations of Parent and Merger Sub. The obligations of Parent and Merg
  Page 73 - SECTION 7. TERMINATION
  Page 74 - 7.2 Termination Procedures. If Parent wishes to terminate this Agreement pursuant to Sections 7.1(a)
  Page 75 - 8.2 Survival. The representations and warranties contained in this Agreement and in any certificate
  Page 76 - N/A
  Page 77 - 8.5 Limits on Indemnification.
  Page 78 - 8.6 Exclusive Remedies. Subject to the following sentence and Section 8.7 below, but notwithstanding
  Page 79 - 8.7 No Limitation on Common Law Fraud Claims. Nothing in this Agreement shall (i) prevent a party fr
  Page 80 - 9.3 Upon final resolution of any Unresolved Claim in respect of which an amount ( Resolved Claim Amo
  Page 81 - N/A
  Page 82 - 10.2 Amendment; Waiver.
  Page 83 - 10.4 Notices. Any notice or other communication required or permitted to be delivered to any party u
  Page 84 - 10.5 Headings. The underlined headings contained in this Agreement are for convenience of reference
  Page 85 - 10.8 Successors and Assigns. This Agreement shall be binding upon: the Company and its successors an
  Page 86 - 10.10 Severability. Any term or provision of this Agreement that is invalid or unenforceable in any
  Page 87 - 10.13 Construction.
  Page 88 - 10.15 Representation of the Company and its Affiliates. Parent and Merger Sub agree that, following
  Page 89 - N/A
  Page 90 - EXHIBIT A
  Page 91 - Audited Financial Statements has the meaning set forth in Section 2.7.
  Page 92 - Company DC Plans has the meaning set forth in Section 5.7(c).
  Page 93 - Damages means all damages, losses, deficiencies, Liabilities, claims, actions, demands, judgments, f
  Page 94 - Final Statement has the meaning set forth in Section 1.9(a).
  Page 95 - Initial Outside Date has the meaning set forth in Section 7.1(c).
  Page 96 - Liability means any debt, obligation, duty, Tax or liability of any nature (including any unknown, u
  Page 97 - Material Adverse Effect means any event, fact, occurrence, circumstance, change or effect that, indi
  Page 98 - Option Consent Letter has the meaning set forth in Section 1.11(c).
  Page 99 - Parent Prepared Returns has the meaning set forth in Section 5.6(a).
  Page 100 - Point means individually and collectively, PureCars, LLC and the other members of the Company Group
  Page 101 - Repack Permit has the meaning set forth in Section 2.17(e).
  Page 102 - Straddle Period means any taxable period that begins on or before and ends after the Closing Date.
  Page 103 - Trade Secrets has the meaning set forth in the definition of Intellectual Property.
Subdocument - EX-99.1 - EX-99.1
  Page 1 - Exhibit 99.1
  Page 2 - Combined Television Markets
  Page 3 - Transaction Summary
  Page 4 - Clear Regulatory Path to Prompt Closing
  Page 5 - Conference Call Information:
  Page 6 - Raycom Contacts:
Subdocument - EX-99.2 - EX-99.2
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