Starz (NASDAQ:STRZA) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders
December 7, 2016 (the Special Meeting), the following proposals
were considered and acted upon by the stockholders of the
Company: (a) a proposal to approve the adoption of the Agreement
and Plan of Merger, dated as of June 30, 2016 (the Merger
Agreement), by and among Lions Gate Entertainment Corp. (Lions
Gate), the Company and Orion Arm Acquisition Inc., a wholly owned
subsidiary of Lions Gate (Merger Sub), to which Merger Sub will
merge with and into the Company (the Merger), with the Company
continuing as the surviving corporation and becoming an indirect
wholly owned subsidiary of Lions Gate (the Company Merger
Proposal); (b) a proposal to approve, by advisory (nonbinding)
vote, the compensation that may be paid or become payable to the
named executive officers of the Company in connection with the
Merger (the Company Compensation Proposal); and (c) a proposal to
approve the adjournment of the Special Meeting, if necessary or
appropriate, to solicit additional proxies in favor of the
Company Merger Proposal, if there are insufficient votes at the
time of such adjournment to approve such proposal (the Company
Adjournment Proposal and together with the Company Merger
Proposal and the Company Compensation Proposal, the Proposals).
The number of votes cast for or against, as well as the number of
abstentions and broker non-votes as to each proposal, are set
forth below.
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
|
142,018,321
|
7,946,273
|
9,585,475
|
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
|
140,994,164
|
2,910,594
|
15,645,311
|
|
Votes For
|
Votes Against
|
Abstentions
|
Broker Non-Votes
|
|
137,893,697
|
6,231,819
|
15,424,553
|
About Starz (NASDAQ:STRZA)
Starz is an integrated media and entertainment company. The Company provides subscription video programming in the United States to cable operators, satellite television providers, telecommunications companies and online video providers. The Company’s segments include Starz Networks and Starz Distribution. The Starz Networks segment provides subscription video programming to the United States multichannel video programming distributors (MVPDs), including cable operators (such as Comcast and Time Warner Cable), satellite television providers (such as DIRECTV and DISH Network) and telecommunications companies (such as AT&T and Verizon). The Starz Distribution segment includes the operations of its Anchor Bay Entertainment, Starz Digital and Starz Worldwide Distribution businesses. It also develops, produces and acquires entertainment content and distributes this content to consumers in the United States and throughout the world. Starz (NASDAQ:STRZA) Recent Trading Information
Starz (NASDAQ:STRZA) closed its last trading session up +0.64 at 34.93 with 1,058,507 shares trading hands.
