8-K/AThe WireStrategic
Material Agreement
Filed Mar 1, 2019 · 7y ago · Accession 0001171200-19-000086
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
January 7, 2019
ROLLINS, INC.
(Exact name of registrant as specified in its
charter)
Delaware
1-4422
51-0068479
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
2170 Piedmont Road, N.E., Atlanta, Georgia
30324
(Address of principal executive offices) (Zip
code)
Registrant’s telephone number, including
area code: (404) 888-2000
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
(see General Instruction A.2. below):
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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 o
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. o
Item 1.01. Entry into a Material Definitive Agreement.
On January 7, 2019, Rollins, Inc. (the “Company”) and certain of its affiliates entered into certain
agreements providing for the acquisition (the “Acquisition”) of a pest control business as follows: (a) a Stock Purchase
Agreement among the Company, Clark Pest Control of Stockton, Inc. (“Clark Pest Control”), JJT King, Inc., and the stockholders
of Clark Pest Control pursuant to which the Company will acquire all of the issued and outstanding shares of Clark Pest Control,
(b) a Real Estate Purchase Agreement between RCI-King, Inc., a wholly-owned subsidiary of the Company, and Clarkson California
Properties pursuant to which an affiliate of the Company will acquire certain real estate used in Clark Pest Control’s business,
and (c) an Asset Purchase Agreement between King Distribution, Inc., a wholly-owned subsidiary of the Company, and Geotech Supply
Co., LLC pursuant to which an affiliate of the Company will acquire certain assets used in the business of distributing certain
equipment and supplies related to the pest control business of Clark Pest Control. The final purchase is expected to be in the
area of $400 million including the real estate assets. The purchase price was negotiated at arm’s-length and the agreement
contains customary representations, warranties, noncompetition agreements and holdback provisions.
The Closing of the Acquisition is subject to the satisfaction of customary conditions, including the truth
and accuracy of the representations and warranties of the sellers, the performance of the obligations of the sellers and the receipt
of regulatory clearance.
2
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, Rollins, Inc. has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
ROLLINS, INC.
Date: February 28, 2019
By:
/s/ Paul Edward Northen
Name:
Paul Edward Northen
Title:
Senior Vice President, Chief Financial Officer and Treasurer
(Principal Financial and Accounting Officer)
3
Filing details
- Company
- ROLLINS INC
- Ticker
- ROL
- CIK
- 84839
- Form type
- 8-K/A
- Filing date
- Mar 1, 2019
- Report date
- Jan 7, 2019
- Document
- i19111_rol-8ka.htm
- Size
- 14 KB