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
July 9, 2009
Date of Report (Date of earliest event reported)
WEBMD HEALTH CORP.
(Exact name of registrant as specified in its charter)
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Delaware
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0-51547
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20-2783228 |
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(State or other jurisdiction of
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(Commission File Number)
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(I.R.S. Employer Identification |
incorporation)
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No.) |
111 Eighth Avenue
New York, New York 10011
(Address of principal executive offices, including zip code)
(212) 624-3700
(Registrants telephone number, including area code)
(Former name or 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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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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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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c)) |
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Item 1.01. |
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Entry into a Material Definitive Agreement |
To the extent required by Item 1.01 of Form 8-K, Item 5.02 of this Current Report is
incorporated by reference in this Item 1.01.
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Item 5.02. |
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
WebMD Health Corp., HLTH Corporation (which owns approximately 83.3% of the outstanding
capital stock of WebMD) and Martin J. Wygod have entered into an amendment, dated as of July 9,
2009 (the Letter Amendment), to the Employment Agreement, dated August 3, 2005 (as amended
through July 9, 2009, the Employment Agreement), between HLTH and Mr. Wygod. Mr. Wygod currently
serves as both Chairman of the Board and Acting Chief Executive Officer of HLTH and as Chairman of
the Board of WebMD and is an executive officer of both HLTH and WebMD. The Letter Amendment
provides, among other things, that Mr. Wygod will serve as Chairman of the Board of WebMD following
consummation of the proposed merger of HLTH and WebMD and will remain an executive officer of
WebMD. A copy of the Letter Amendment is filed as Exhibit 10.1 to this Current Report
and is incorporated by reference in this Item 5.02 in its entirety. In addition, pursuant to
General Instruction B.3 of Form 8-K, we are incorporating by reference the descriptions of the
Employment Agreement and the Letter Amendment contained in the Registration Statement on Form S-4
filed by WebMD on July 10, 2009 under the captions The Merger Interests of Certain
Persons in the Merger Employment Arrangements Martin J. Wygod and WebMD Executive
Compensation Employment Agreements with the WebMD Named Executive Officers Martin J. Wygod.
Additional Information About the Proposed Merger of HLTH and WebMD and Where to Find It:
In connection with the proposed merger of HLTH and WebMD, HLTH and WebMD have filed, with the
SEC, a preliminary proxy statement/prospectus as part of a registration statement regarding the
proposed merger. Investors and security holders are urged to read the preliminary proxy
statement/prospectus because it contains important information about HLTH and WebMD and the
proposed transaction. Investors and security holders may obtain a free copy of the preliminary
proxy statement/prospectus at www.sec.gov or www.hlth.com or www.wbmd.com and may obtain a free
copy of the definitive proxy statement/prospectus at the same Web sites when it is filed. Investors
and security holders are urged to read the definitive proxy statement/prospectus and other relevant
material before making any voting or investment decisions with
respect to the merger.
Participants
in the Merger:
HLTH, WebMD, their directors and certain of their executive officers may be considered
participants in the solicitation of proxies in connection with the proposed transaction.
Information about the directors and executive officers of HLTH and WebMD and their respective
interests in the proposed transactions has been set forth or incorporated by reference in the
preliminary proxy statement/prospectus that HLTH and WebMD have filed with the SEC in connection
with the proposed transaction.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits. The following exhibit is filed herewith:
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Exhibit |
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Number |
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Description |
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10.1
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Letter Amendment, dated as of July 9, 2009, among HLTH
Corporation, WebMD Health Corp. and Martin J. Wygod |
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