HILL-ROM HOLDINGS, INC. (NYSE:HRC) Files An 8-K Regulation FD Disclosure
Item 7.01. REGULATON FD DISCLOSURE.
On March 11, 2019, Hill-Rom Holdings, Inc. (the “Company”) issued a press release announcing the entry into a definitive agreement to acquire Voalte, Inc., a clinical communications software company (“Voalte”). A copy of this press release is furnished and attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information in this Item 7.01 and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, nor shall it be deemed incorporated by reference in any filing under the Securities Act, except as shall be expressly set forth by specific reference in such filing.
Item 8.01. OTHER EVENTS.
On March 8, 2019, Hill-Rom, Inc., a wholly-owned subsidiary of the Company, entered into a definitive agreement to acquire Voalte for cash consideration of $180 million and up to an additional $15 million in payments related to the achievement of certain commercial milestones. The Company expects the transaction to close during its fiscal third quarter of 2019, subject to customary closing conditions.
Disclosure Regarding Forward-Looking Statements
Certain statements herein contain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the company’s future plans, objectives, beliefs, expectations, representations and projections. It is important to note that forward-looking statements are not guarantees of future performance, and the company’s actual results could differ materially from those set forth in any forward-looking statements. For a more in-depth discussion of factors that could cause actual results to differ from those contained in forward-looking statements, see the discussions under the heading “Risk Factors” in the company’s previously filed most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The company assumes no obligation to update or revise any forward-looking statements, unless required by law.
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Item 9.01. |
FINANCIAL STATEMENTS AND EXHIBITS. |
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Press Release of Hill-Rom Holdings, Inc. dated March 11, 2019 |
Hill-Rom Holdings, Inc. Exhibit
EX-99.1 2 hrcpressreleasedatedmarch1.htm EXHIBIT 99.1 Exhibit CONTACT INFORMATION Investor Relations Contact: Mary Kay Ladone,…
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About HILL-ROM HOLDINGS, INC. (NYSE:HRC)
Hill-Rom Holdings, Inc. is a global medical technology company. The Company operates through four segments: North America Patient Support Systems, International Patient Support Systems, Front Line Care and Surgical Solutions. The Company’s products and services include Patient Support Systems, Front Line Care and Surgical Solutions. The Company sells and rents its specialty frames and surfaces, and mobility solutions, as well as its clinical workflow solutions, in the United States and Canada through its North America Patient Support Systems segment, and in regions outside of the United States and Canada through its International Patient Support Systems segment. Its Front Line Care segment globally sells and rents respiratory care products, and sells medical diagnostic equipment and a diversified portfolio of devices that assess, diagnose, treat and manage a range of illnesses and diseases. Under its Surgical Solutions segment, the Company sells its surgical products globally.