Discovery Communications, Inc. (NASDAQ:DISCA) Files An 8-K Other EventsItem 8.01.Other Events.
On February 27, 2018, Discovery Communications, Inc. (“Discovery”) and Scripps Networks Interactive, Inc. (“Scripps”) jointly disseminated a press release announcing that the deadline for registered Scripps shareholders to make an election with respect to the form of consideration they wish to receive in connection with the transactions contemplated by the Agreement and Plan of Merger, dated as of July30, 2017, by and among Scripps, Discovery and Skylight Merger Sub, Inc. (the “Merger Agreement”), subject to the proration and cash top-up procedures set forth in the Merger Agreement, to be 5:00 p.m. (New York City time) on March2, 2018, unless extended. Discovery will announce whether it has elected to exercise the cash top-up option set forth in the Merger Agreement no later than two trading days prior to the expected closing date. Discovery and Scripps currently expect to consummate the transactions contemplated by the Merger Agreement on March6, 2018, subject to the satisfaction of all closing conditions.
A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits.
Discovery Communications, Inc. ExhibitEX-99.1 2 exhibit991-pressreleasedat.htm EXHIBIT 99.1 Exhibit FOR IMMEDIATE RELEASEFebruary 27,…To view the full exhibit click here
About Discovery Communications, Inc. (NASDAQ:DISCA)
Discovery Communications, Inc., (Discovery) is a global media company. The Company provides content across multiple distribution platforms, including pay-television (pay-TV), free-to-air and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Its segments are U.S. Networks, which consists principally of domestic television networks and Websites; International Networks, which consists primarily of international television networks and Websites; Education and Other, which consists principally of curriculum-based product and service offerings, and production studios, and Corporate and Inter-segment Eliminations. It distributes customized content in the United States, and over 220 other countries and territories in over 40 languages. The Company’s global portfolio of networks includes television brands, such as Discovery Channel, TLC, Animal Planet, Investigation Discovery, Science and Velocity (known as Turbo outside of the United States).
