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Transcript
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):
August 12, 2015
Remy International, Inc.
(Exact name of Registrant as Specified in its Charter)
Delaware
(State or other jurisdiction of incorporation)
001-13683
(Commission File Number)
47-1744351
(IRS Employer Identification No.)
600 Corporation Drive
Pendleton, IN 46064
(Address of principal executive offices, including zip code)
(765) 778-6499
(Registrant's 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 8.01. Other Events
On August 13, 2015, Remy International, Inc., a Delaware corporation (“Remy” or the “Company”) issued a press release to announce
that the U.S. Federal Trade Commission (the “ FTC ”) has granted early termination of the waiting period under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976, as amended (the “ HSR Act ”), with respect to the proposed merger (the “ Merger ”) of Band
Merger Sub, Inc., a Delaware corporation (“ Merger Sub ”) and wholly-owned subsidiary of BorgWarner Inc., a Delaware corporation
(“ BorgWarner ”), with and into Remy. On July 24, 2015, each of Remy and BorgWarner filed a Pre-Merger Notification and Report
Form pursuant to the HSR Act with the Antitrust Division of the U.S. Department of Justice and the FTC.
The 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 related
Agreement and Plan of Merger (the “ Merger Agreement ”) dated as of July 12, 2015, by and among Remy, BorgWarner and Merger
Sub, including adoption of the Merger Agreement by Remy’s stockholders and the making or obtaining of any filings, authorizations,
consents or approvals regarding the Merger required pursuant to Antitrust Laws (as defined in the Merger Agreement) in Austria,
Germany, China, Korea and Mexico and the termination or expiration of any applicable waiting period thereunder.
A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
Additional Information and Where to Find It
This communication may be deemed to be solicitation material in respect of the proposed acquisition of Remy by BorgWarner. In
connection with the proposed acquisition, Remy and Borg Warner intend to file relevant materials with the SEC, including Remy’s
definitive proxy statement on Schedule 14A, a preliminary version of which has been filed with the SEC on August 3, 2015.
STOCKHOLDERS OF REMY ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC,
INCLUDING REMY’S DEFINITIVE PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT
INFORMATION ABOUT THE PROPOSED TRANSACTION . Investors and security holders may obtain the documents free of
charge at the SEC’s web site, http://www.sec.gov , or the Company’s web site, http://www.remyinc.com under “Investors - SEC
Filings”.
Participants in Solicitation
Remy and its directors, executive officers and other members of management and employees may be deemed to be participants in the
solicitation of proxies from the holders of Remy common stock in respect of the proposed transaction. Information about the directors
and executive officers of Remy is set forth in the proxy statement for Remy’s Annual Meeting of Stockholders, which was filed with
the SEC on April 30, 2015. Investors may obtain additional information regarding the interest of such participants by reading the
proxy statement regarding the acquisition, a preliminary version of which has been filed with the SEC on August 3, 2015.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit
99.1
Description
Press release issued by Remy International, Inc. dated August 13, 2015.
SIGNATURE
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.
Remy International, Inc.
Date: August 13, 2015
By: /s/ John J. Pittas
Name: John J. Pittas
Title: President and CEO
EXHIBIT INDEX
Exhibit
99.1
Description
Press release issued by Remy International, Inc. dated August 13, 2015.
Exhibit 99.1
REMY ANNOUNCES EARLY TERMINATION OF
HART-SCOTT-RODINO WAITING PERIOD
FOR PENDING ACQUISITION OF REMY BY BORGWARNER
PENDLETON, Ind., August 13, 2015 -- Remy International, Inc. (NASDAQ: REMY) today announced that the U.S. Federal Trade
Commission (FTC) has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of
1976 (HSR Act) with respect to the pending acquisition of Remy by BorgWarner Inc. (NYSE: BWA).
On July 24, 2015, each of Remy and BorgWarner filed a Pre-Merger Notification and Report Form pursuant to the HSR Act with the
Antitrust Division of the U.S. Department of Justice and the FTC.
The early termination of the waiting period under the HSR Act satisfies one of the conditions to the closing of the pending acquisition.
The closing of the acquisition remains subject to other customary closing conditions, including adoption of the merger agreement
entered into among Remy, BorgWarner and Band Merger Sub, Inc. by Remy’s stockholders and the making or obtaining of any
filings, authorizations, consents or approvals regarding the acquisition required pursuant to antitrust laws in Austria, Germany, China,
Korea and Mexico and the termination or expiration of any applicable waiting period thereunder.
About Remy International, Inc.
Founded by the Remy brothers in 1896, Remy International, Inc. (NASDAQ: REMY) is a leading global manufacturer,
remanufacturer, and distributor of alternators, starter motors, and electric traction motors for the automotive and commercial vehicle
industry, marketed under the Remy® and Delco Remy® brands. The company also provides multiline products through its
subsidiaries. Headquartered in Pendleton, Indiana, with operations across five continents and ten countries, Remy is a trusted partner
to original equipment manufacturers and aftermarket organizations worldwide, delivering creative solutions for today's vehicle
challenges.
Additional Information and Where to Find It
This press release may be deemed to be solicitation material in respect of the proposed acquisition of Remy by BorgWarner. In
connection with the proposed acquisition, Remy and Borg Warner intend to file relevant materials with the SEC, including Remy’s
definitive proxy statement on Schedule 14A, a preliminary version of which has been filed with the SEC on August 3, 2015.
STOCKHOLDERS OF REMY ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH THE SEC,
INCLUDING REMY’S DEFINITIVE PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT
INFORMATION ABOUT THE PROPOSED TRANSACTION . Investors and security holders may obtain the documents free of
charge at the SEC’s web site, http://www.sec.gov, or the Company’s web site, http://www.remyinc.com under “Investors - SEC
Filings”.
Participants in Solicitation
Remy and its directors, executive officers and other members of management and employees may be deemed to be participants in the
solicitation of proxies from the holders of Remy common stock in respect of the proposed transaction. Information about the directors
and executive officers of Remy is set forth in the proxy statement for Remy’s Annual Meeting of Stockholders, which was filed with
the SEC on April 30, 2015. Investors may obtain additional information regarding the interest of such participants by reading the
proxy statement regarding the acquisition, a preliminary version of which has been filed with the SEC on August 3, 2015.
Media Contact: Remy International - Shawn Pallagi ([email protected] |765-778-5903)
Investor Contact: Remy International - Al VanDenBergh ([email protected] |765-778-6871)
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