ESSENDANT INC. (NASDAQ:ESND) Files An 8-K Entry into a Material Definitive AgreementItem 1.01
On May29, 2018, Essendant Inc. (the “Company”) and Equiniti Trust Company, as Rights Agent (the “Rights Agent”) under the Rights Agreement, dated as of May17, 2018, between the Company and the Rights Agent (the “Rights Agreement”), entered into Amendment No.1 to the Rights Agreement (“Amendment No.”). Amendment No.1 amends the definition of “Exempt Person” to provide that (i)the relevant time for purposes of determining whether a person or group of affiliated or associated persons is an “Exempt Person” is midnight at the end of May17, 2018, New York City time and (ii)the definition of “Exempt Person” applies to all persons or groups of affiliated or associated persons who, as of midnight at the end of May17, 2018, New York City time, beneficially owned 10% or more of the outstanding shares of common stock of the Company.
The foregoing description of Amendment No.1 does not purport to be complete and is qualified in its entirety by the complete text of Amendment No.1, a copy of which is attached as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated by reference herein.
| Item 1.01 | Material Modification to Rights of Security Holders. |
The disclosure set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 1.01.
| Item 1.01 | Financial Statements and Exhibits. |
(d) Exhibits
| ExhibitNo. |
Description |
| 4.1 | Amendment No.1 to the Rights Agreement, dated as of May29, 2018, between Essendant Inc. and Equiniti Trust Company, as rights agent |
EXHIBITINDEX
ESSENDANT INC ExhibitEX-4.1 2 d557660dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 AMENDMENT NO. 1 TO THE RIGHTS AGREEMENT This Amendment No. 1 (this “Amendment”) is dated as of May 29,…To view the full exhibit click here
About ESSENDANT INC. (NASDAQ:ESND)
Essendant Inc. (Essendant), formerly United Stationers Inc., is a wholesale distributor of workplace items. The Company stocks an assortment of over 180,000 products in categories, including janitorial and breakroom supplies, technology products, traditional office products, industrial supplies, office furniture, and automotive aftermarket tools and equipment. The Company has four operating segments: Business and Facility Essentials, ORS Industrial, CPO Commerce, Inc. (CPO) and Automotive. Business and Facility Essentials also included operations in Mexico conducted through a subsidiary, Azerty de Mexico. It offers private brand products within each of its product categories, which include Innovera technology products, Universal office products, Windsoft paper products, Boardwalk and UniSan janitorial and sanitation products, Alera office furniture and Anchor Brand and Best Welds welding, industrial, safety and oil field pipeline products.
