j2 Global,Inc. (NASDAQ:JCOM) Files An 8-K Regulation FD Disclosure

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j2 Global,Inc. (NASDAQ:JCOM) Files An 8-K Regulation FD Disclosure
Item 7.01.Regulation FD Disclosure

On October5, 2017, j2 Global, Inc. (the “Company”) completed the sale of Tea Leaves Health, LLC (“Tea Leaves”), a subsidiary of Everyday Health, Inc., for a purchase price of approximately $90million (subject to valuation) consisting of a combination of cash and various equity securities.

In light of the divestiture of Tea Leaves, and the additional divestitures of Cambridge BioMarketing LLC, another subsidiary of Everyday Health, Inc., and Web24, the Company’s Australian hosting business, the Company issued a press release today (the “Press Release”) announcing, among other things, an adjustment to its revenue guidance for fiscal year 2017.

A copy of the Press Release is furnished as Exhibit 99.1 to this Form 8-K.

Item 7.01.Financial Statements and Exhibits

(d)Exhibits

Exhibit

Number

Description

99.1 Press Release dated October12, 2017.

This Current Report on Form 8-K contains forward-looking statements within the meaning of Section27A of the Securities Act and Section21E of the Exchange Act. Such forward-looking statements are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements are based on management’s expectations or beliefs as of October12, 2017. Factors that might cause such differences include, but are not limited to, a variety of economic, competitive, and regulatory factors, many of which are beyond the Company’s control and are described in the Company’s Annual Report on Form 10-K filed by the Company on March1, 2017 with the Securities and Exchange Commission (the “SEC”) and the other reports the Company files from time to time with the SEC. The Company undertakes no obligation to revise or publicly release any updates to such statements based on future information or actual results.

INDEX TO EXHIBITS

Exhibit

Number

Description

99.1 Press Release dated October12, 2017.


J2 GLOBAL, INC. Exhibit
EX-99.1 2 d458009dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 j2 Global Completes Two Acquisitions in Q3 2017; Announces Two Additional Divestitures; Updates 2017 Guidance LOS ANGELES—(BUSINESS WIRE)— j2 Global,…
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