Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
ATK > SEC Filings for ATK > Form 8-K on 5-Sep-2013All Recent SEC Filings

Show all filings for ALLIANT TECHSYSTEMS INC

Form 8-K for ALLIANT TECHSYSTEMS INC


5-Sep-2013

Entry into a Material Definitive Agreement


Item 1.01. Entry into a Material Definitive Agreement.

On September 4, 2013, Alliant Techsystems Inc. ("ATK") entered into an agreement to acquire Bushnell Group Holdings, Inc. ("Bushnell"), a portfolio company of MidOcean Partners (the "Transaction"). Under the terms of the Stock Purchase Agreement dated as of September 4, 2013 (the "Stock Purchase Agreement"), ATK will pay a purchase price of $985 million in cash subject to customary post-closing adjustments. The closing of the Transaction is subject to regulatory approval and other customary closing conditions and is expected to occur in the third or fourth quarter of ATK's fiscal year ending March 31, 2014. The foregoing description of the Stock Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Stock Purchase Agreement, which is filed as Exhibit 2.1 hereto and incorporated herein by reference. The representations, warranties and covenants in the Stock Purchase Agreement were made solely for the benefit of the parties to the Stock Purchase Agreement for the purpose of allocating contractual risk between those parties, and do not establish these matters as facts. Investors should not rely on the representations, warranties and covenants as characterizations of the actual state of facts or condition of ATK, Bushnell or any of their respective subsidiaries or affiliates.
Item 8.01. Other Events.

Commitment Letter
On September 4, 2013, in connection with the Stock Purchase Agreement, ATK entered into a commitment letter with Merrill Lynch, Pierce, Fenner & Smith Incorporated and Bank of America, N.A. ("BofA") pursuant to which, and subject to the terms and conditions set forth therein, BofA has committed to provide $900 million of senior secured acquisition financing for the Transaction. The commitment of BofA is subject to customary conditions, including execution and delivery of definitive documentation.
Press Release
On September 5, 2013, ATK issued a press release announcing the Transaction, a copy of which is furnished as Exhibit 99.1 hereto. Item 9.01. Financial Statements and Exhibits.

(d)                 Exhibits.
Exhibit
No.                                     Description
2.1       Stock Purchase Agreement, dated as of September 4, 2013, by and among
          Bushnell Group Holdings, Inc., MidOcean Bushnell Holdings, L.P. and
          Alliant Techsystems Inc.
99.1      Press Release of ATK dated September 5, 2013, reporting ATK's purchase
          of Bushnell.


  Add ATK to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for ATK - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.