Louisiana-Pacific 8-K 2014
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: May 14, 2014
Commission File Number 1-7107
(Exact name of registrant as specified in its charter)
414 Union Street, Suite 2000, Nashville, TN 37219
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (615) 986-5600
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):
Item 1.02. Termination of a Material Definitive Agreement
On May 14, 2014, Louisiana-Pacific Corporation (“LP”) and Ainsworth Lumber Co. Ltd. (“Ainsworth”) announced the mutual termination of their Arrangement Agreement (the “Arrangement Agreement”), dated September 4, 2014, which had provided for an arrangement under British Columbia law whereby a wholly owned subsidiary of the Company would have acquired all of the outstanding shares of Ainsworth capital stock on the terms and subject to the conditions set forth therein (the “Transaction”). The termination followed the determination by LP and Ainsworth that the regulatory approvals required to complete the Transaction could not be obtained without divestitures significantly beyond those contemplated in the Arrangement Agreement without engaging in lengthy and expensive litigation with the regulatory authorities in the U.S. and Canada. The termination did not result in any termination fee being payable by either LP or Ainsworth.
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.
Date: May 15, 2014