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): January 22, 2015
LINDSAY CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 1-13419 | 47-0554096 | ||
(State of Incorporation) |
(Commission File Number) |
(IRS Employer Identification Number) |
2222 North 111th Street Omaha, Nebraska |
68164 | |
(Address of principal executive offices) | (Zip Code) |
(402) 829-6800
(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:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.01 | Completion of Acquisition or Disposition of Assets |
On January 22, 2015, Lindsay Corporation (the Company) completed its acquisition of Elecsys Corporation, a Kansas corporation (NASDAQ: ESYS) (Elecsys), pursuant to the terms of that certain Agreement and Plan of Merger (the Merger Agreement), by and between the Company, Matterhorn Merger Sub, Inc., a new wholly owned subsidiary of the Company, and Elecsys. As previously disclosed, the Company paid cash consideration of $17.50 per share for each share of Elecsys common stock outstanding at closing, for a total purchase price of approximately $70.5 million, which included the cashing out of Elecsys equity compensation awards.
A copy of the Merger Agreement was filed as Exhibit 2.1 to the Companys Current Report on Form 8-K filed on November 4, 2014 and is incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits |
2.1 | Agreement and Plan of Merger, dated November 4, 2014, by and between Lindsay Corporation, Matterhorn Merger Sub, Inc. and Elecsys Corporation, incorporated herein by reference to Exhibit 2.1 to the Companys Current Report on Form 8-K filed on November 4, 2014 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: January 23, 2015 | LINDSAY CORPORATION | |||||
By: | /s/ James C. Raabe | |||||
James C. Raabe, Vice President and Chief Financial Officer |