Additional Proxy Soliciting Materials (definitive) (defa14a)
July 20 2018 - 7:53AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 19, 2018
ENVISION HEALTHCARE CORPORATION
(Exact name of Registrant as Specified in its Charter)
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Delaware
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001-37955
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62-1493316
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(State or Other Jurisdiction
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(Commission
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(I.R.S. Employer
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of Incorporation)
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File Number)
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Identification No.)
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1A Burton Hills Boulevard
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Nashville, Tennessee
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37215
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(Address of Principal Executive Offices)
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(Zip Code)
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(615)
665-1283
(Registrants Telephone Number, Including Area Code)
Not Applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the
Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☒
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Soliciting material pursuant to
Rule 14a-12
under the Exchange Act (17 CFR
240.14a-12)
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☐
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Pre-commencement
communications pursuant to
Rule 14d-2(b) under
the Exchange Act (17 CFR
240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to
Rule 13e-4(c) under
the Exchange Act (17 CFR
240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of
this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events.
As previously disclosed, Envision Healthcare Corporation (the Company) entered into an Agreement and Plan of Merger (the Merger
Agreement), dated as of June 10, 2018, with Enterprise Parent Holdings Inc., an affiliate of investment funds affiliated with Kohlberg Kravis Roberts & Co. L.P. (Parent), and Enterprise Merger Sub Inc., an indirect
wholly owned subsidiary of Parent (Merger Sub), providing for the merger (the Merger) of Merger Sub with and into the Company for approximately $9.9 billion in cash. On July 19, 2018, the U.S. Federal Trade
Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the HSR Act), in connection with the Merger.
Early termination of the waiting period under the HSR Act satisfies one of the conditions to the closing of the Merger. The closing of the Merger remains
subject to the satisfaction or waiver of the remaining conditions to the Merger set forth in the Merger Agreement, including stockholder approval of the Merger at the Companys 2018 annual meeting.
Additional Information and Where to Find It
This
communication relates to the proposed merger transaction involving the Company. In connection with the proposed transaction, the Company has filed a preliminary proxy statement with the Securities and Exchange Commission (the SEC). The
definitive proxy statement, when available, and other relevant documents will be sent or given to the stockholders of the Company and will contain important information about the proposed transaction and related matters. This communication is not a
substitute for the proxy statement or any other document that the Company may file with the SEC or send to its stockholders in connection with the proposed transaction. BEFORE MAKING ANY VOTING DECISION, STOCKHOLDERS OF THE COMPANY ARE URGED TO READ
ALL RELEVANT DOCUMENTS FILED WITH THE SEC, INCLUDING THE PROXY STATEMENT, WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders will be able to obtain the documents
(when available) free of charge at the SECs website, http://www.sec.gov, and the Companys website, www.evhc.net.
Participants in the
Solicitation
The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the holders of
Company common stock in respect of the proposed transaction. Information about the directors and executive officers of the Company is set forth in the preliminary proxy statement filed by the Company with the SEC on July 9, 2018 in connection
with the proposed transaction and in the Companys Annual Report on Form
10-K
for the year ended December 31, 2017 filed with the SEC on March 1, 2018, as amended by the Companys Annual
Report on Form
10-K/A
filed with the SEC on April 30, 2018. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security
holdings or otherwise, will be contained in the definitive proxy statement when it becomes available.
Forward-Looking Statements
Certain statements and information in this communication may be deemed to be forward-looking statements within the meaning of the Federal Private
Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not limited to, statements relating to the proposed transaction, the Companys financial and operating objectives, plans and strategies, industry trends,
and all statements (other than statements of historical fact) that address activities, events or developments that the Company intends, expects, projects, believes or anticipates will or may occur in the future. These statements are often
characterized by terminology such as believe, hope, may, anticipate, should, intend, plan, will, expect, estimate,
project, positioned, strategy and similar expressions, and are based on assumptions and assessments made by the Companys management in light of their experience and their perception of historical trends,
current conditions, expected future developments, and other factors they believe to be appropriate. Any forward-looking statements in this communication are made as of the date hereof, and the Company undertakes no duty to update or revise any such
statements, whether as a result of new information, future events or otherwise. Forward-looking statements are not guarantees of future performance. Whether actual results will conform to expectations and predictions is subject to known and unknown
risks and uncertainties, including: (i) risks and uncertainties discussed in the reports and other documents that the Company files with the SEC; (ii) risks related to the occurrence of any event, change or other circumstance that could
give rise to the termination of the merger agreement; (iii) the failure to obtain Company stockholder approval of the transaction or required regulatory approvals or the failure to satisfy any of the other conditions to the completion of the
transaction; (iv) the effect of the announcement of the transaction on the ability of the Company to retain and hire key personnel and maintain relationships with its customers, suppliers, partners and others with whom it does business, or on
its operating results and businesses generally; (v) risks associated with the disruption of managements attention from ongoing business operations due to the transaction; (vi) the ability to meet expectations regarding the timing and
completion of the transaction; (vii) general economic, market, or business conditions; (viii) the impact of legislative or regulatory changes, such as changes to the Patient Protection and Affordable Care Act, as amended by the Health Care
and Education Reconciliation Act of 2010; (ix) changes in governmental reimbursement programs; (x) decreases in revenue and profit margin under
fee-for-service
contracts due to changes in volume, payor mix and reimbursement rates; (xi) the loss of existing contracts; and (xii) other circumstances beyond the Companys control.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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Envision Healthcare Corporation
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By:
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/s/ Kevin D. Eastridge
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Kevin D. Eastridge
Executive Vice President
and Chief Financial Officer
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Date: July 20, 2018
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