-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Vai8scxbMltkkVsnMeE4CZCx0zPFKSicDfB97pGqfvY1R0em9EfYs9W3sBwDnkKQ oPkWeSU3PPmPGapLEEuShA== 0001104659-07-037396.txt : 20070509 0001104659-07-037396.hdr.sgml : 20070509 20070509120917 ACCESSION NUMBER: 0001104659-07-037396 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20070507 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20070509 DATE AS OF CHANGE: 20070509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LIBERTY MEDIA CORP CENTRAL INDEX KEY: 0001355096 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 841288730 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51990 FILM NUMBER: 07831187 BUSINESS ADDRESS: STREET 1: 12300 LIBERTY BOULEVARD CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 7208755400 MAIL ADDRESS: STREET 1: 12300 LIBERTY BOULEVARD CITY: ENGLEWOOD STATE: CO ZIP: 80112 FORMER COMPANY: FORMER CONFORMED NAME: Liberty Media Holding CORP DATE OF NAME CHANGE: 20060303 8-K 1 a07-13594_28k.htm 8-K

 

 

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): May 7, 2007

LIBERTY MEDIA CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

 

000-51990

 

84-1288730

(State or other jurisdiction of

 

(Commission

 

(I.R.S. Employer

incorporation or organization)

 

File Number)

 

Identification No.)

 

12300 Liberty Blvd.

Englewood, Colorado 80112

(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (720) 875-5400

(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 (see General Instruction A.2. below):

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 




 

Item 7.01.  Regulation FD Disclosure

On May 7, 2007, Liberty Media Corporation (“Liberty”) issued a press release announcing that it and Backcountry.com (“Backcountry”)  had entered into a definitive agreement for Liberty to acquire a controlling interest in Backcountry.  Terms of the acquisition were not disclosed.

This Form 8-K and the press release attached hereto as Exhibit 99.1 are being furnished to the SEC under Item 7.01 of Form 8-K in satisfaction of the public disclosure requirements of Regulation FD.

 

2




SIGNATURE

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.

Date: May 9, 2007

LIBERTY MEDIA CORPORATION

 

 

 

 

By:

/s/ Mark E. Burton

 

Name:

Mark E. Burton

 

Title:

Vice President

 

3



EX-99.1 2 a07-13594_2ex99d1.htm EX-99.1

 

Exhibit 99.1

GRAPHIC

FOR IMMEDIATE RELEASE

May 7, 2007

LIBERTY MEDIA TO TAKE CONTROLLING STAKE IN BACKCOUNTRY.COM

Leading outdoor and action sports e-commerce business to enhance Liberty Media web strategy

Englewood, Colorado and Park City, Utah  — Liberty Media Corporation (NASDAQ:LINTA, LCAPA) (“Liberty”) and Backcountry.com today announced that they have entered into a definitive agreement for Liberty Media to acquire control of Backcountry.com — the operator of leading outdoor and action sports eCommerce sites Backcountry.com, BackcountryOutlet.com, TramDock.com, DogFunk.com, SteepandCheap.com and WhiskeyMilitia.com. Terms of the acquisition were not disclosed.  Liberty’s interest in Backcountry.com will be attributed to the Liberty Interactive group. The transaction is subject to regulatory and other approvals and is anticipated to close in the second quarter of 2007.

Backcountry.com is a pure-play internet commerce company, listed as one of the top 25 outdoor retailers in the United States by Outdoor Business.  It is a three-time winner of Internet Retailer’s 50 Best Retail Sites award and is a member of the Inc. 500.

“Backcountry is a fast-growing leader in eCommerce and a pioneer in social commerce,” said Michael Zeisser, Senior Vice President of Liberty Media.  “We are pleased to welcome entrepreneurs of the caliber of Jim Holland and John Bresee, and their team, into the Liberty family.   We look forward to driving collaboration among Backcountry and its world-class outdoor brands and Liberty’s existing eCommerce and television companies. This investment in Backcountry represents another step in our stated strategy to seek acquisitions of commerce companies that have unique value propositions, outstanding management teams, and strong track records to drive the continued growth of the group of assets attributed to Liberty Interactive.”




 

“There is no better ally for Backcountry.com than Liberty Media,” said Backcountry.com CEO and co-founder Jim Holland. “Their experience, resources and philosophy will enable us to improve our services and capacity on every level while maintaining the independent spirit and culture that has been integral to Backcountry.com’s success. We are excited to work with the Liberty team.”  John Bresee, president and co-founder added, “Liberty Media is a pioneer in eCommerce. We’re excited to take Backcountry.com to the next level with them.”

Backcountry.com received financial advice from Cowen and Company, LLC and legal advice from Wilson Sonsini Goodrich & Rosati.  Liberty Media received legal advice from Sherman & Howard LLC and Baker Botts L.L.P.

About Liberty Media Corporation

Liberty Media Corporation owns interests in a broad range of electronic retailing, media, communications and entertainment businesses. Those interests are attributed to two tracking stock groups: the Liberty Interactive group, which includes Liberty’s interests in QVC, Provide Commerce, IAC/InterActiveCorp, and Expedia, and the Liberty Capital group, which includes Liberty’s interests in Starz Entertainment, News Corporation, and Time Warner. For more information, please see www.libertymedia.com .

About Backcountry.com:

With offices in Park City, Utah and Salt Lake City, Utah, Backcountry.com (http://www.Backcountry.com) is an e-commerce business that sells performance gear for backcountry adventures, including backpacking, climbing, skiing, snowboarding, trail running and adventure travel. Backcountry.com also operates BackcountryOutlet.com, Dogfunk.com, Tramdock.com, SteepandCheap.com and WhiskeyMilitia.com.  Backcountry was founded in 1996.

Contact:

Liberty Media

John Orr

(720) 875-5622

Backcountry.com

Mike Geraci

Base Camp Communications

(307)734-7575

 



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