8-KThe DealStrategic
Acquisition / Disposition · Reg FD Disclosure
Filed Dec 28, 2020 · 5y ago · Accession 0000950103-20-024821
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗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): December 28, 2020
V.F. Corporation
(Exact name of registrant as specified in
charter)
Pennsylvania
1-5256
23-1180120
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
1551 Wewatta Street
Denver , Colorado 80202
(Address of principal executive offices)
( 720 ) 778-4000
(Registrant’s telephone number, including
area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading Symbol(s)
Name of Each Exchange on which Registered
Common Stock, without par value, stated capital $.25 per share
VFC
New York Stock Exchange
0.625% Senior Notes due 2023
VFC23
New York Stock Exchange
0.250% Senior Notes due 2028
VFC28
New York Stock Exchange
0.625% Senior Notes due 2032
VFC32
New York Stock Exchange
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.01. Completion
of Acquisition or Disposition of Assets.
On December 28, 2020, V.F. Corporation (“ VF ”)
completed its previously announced acquisition of Supreme Holdings, Inc. (“ Supreme ”) pursuant to the Agreement
and Plan of Merger (the “ Merger Agreement ”), dated as of November 8, 2020, by and among VF, New Ross Acquisition
Corp., a wholly owned subsidiary of VF (“ Merger Sub ”), Supreme and TC Group VI, L.P., solely in its capacity
as the initial Holder Representative. Upon the closing of the transactions contemplated by the Merger Agreement, Merger Sub was
merged with and into Supreme (the “ Merger ”), with Supreme continuing as the surviving corporation and a wholly
owned subsidiary of VF.
VF paid an aggregate base purchase price of $2.1 billion subject
to customary adjustments for cash, indebtedness, working capital and transaction expenses and, subject to satisfaction of certain
post-closing milestones, may make an additional payment of up to $300 million.
The foregoing description of the Merger and the transactions
contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the Merger Agreement, a copy
of which was attached as Exhibit 2.1 to VF’s Current Report on Form 8-K filed with the SEC on November 9, 2020 and is incorporated
by reference herein.
Item 7.01. Regulation FD Disclosure
On December 28, 2020, VF issued a press release announcing
the completion of the Merger. The press release is attached as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
Exhibit No.
Description
2.1*
Agreement and Plan of Merger dated as of November 8, 2020 among V.F. Corporation, New Ross Acquisition Corp., Supreme Holdings, Inc. and TC Group VI, L.P. (incorporated herein by reference to Exhibit 2.1 to the Current Report on Form 8-K filed by VF with the SEC on November 9, 2020).
99.1
Press Release issued by V.F. Corporation, dated December 28, 2020.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
* Certain schedules and exhibits have been omitted pursuant
to Item 601(b)(2) of Regulation S-K. VF hereby agrees to furnish a copy of any omitted schedule or exhibit to the SEC upon request.
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.
V.F. CORPORATION
Date:
December 28, 2020
By:
/s/ Laura C. Meagher
Name:
Laura C. Meagher
Title:
Executive Vice President – General Counsel and Secretary
Filing details
- Company
- V F CORP
- Ticker
- VFC
- CIK
- 103379
- Form type
- 8-K
- Filing date
- Dec 28, 2020
- Report date
- Dec 28, 2020
- Document
- dp143166_8k.htm
- Size
- 282 KB