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): December 21, 2015

Symantec Corporation

(Exact Name of Registrant as Specified in its Charter)

 

 

Delaware   000-17781   77-0181864

(State or Other Jurisdiction

of Incorporation)

  (Commission
File Number)
  (IRS Employer
Identification No.)
350 Ellis Street, Mountain View, California   94043
(Address of Principal Executive Offices)   (Zip Code)
Registrant’s Telephone Number, Including Area Code   (650)-527-8000

 

 

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):

 

  ¨ 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 December 21, 2015, Symantec Corporation issued a press release regarding the expected timing of the closing of the sale of its Veritas information management business. A copy of the press release is filed as Exhibit 99.01 to this Current Report on Form 8-K and is incorporated by reference.

 

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

 

Exhibit
Number
   Exhibit Title or Description
99.01    Joint press release issued by Symantec Corporation and The Carlyle Group, dated December 21, 2015.


SIGNATURES

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.

 

      SYMANTEC CORPORATION
Dated: December 21, 2015     By:  

/S/ SCOTT C. TAYLOR

    Name:   Scott C. Taylor
    Title:   Executive Vice President, General Counsel
and Secretary


EXHIBIT INDEX

 

Exhibit
Number
   Exhibit Title or Description
99.01    Joint press release issued by Symantec Corporation and The Carlyle Group, dated December 21, 2015.


Exhibit 99.01

FOR IMMEDIATE RELEASE

Symantec and The Carlyle Group Plan to Close Acquisition of Veritas January 29, 2016

Mountain View, Calif. and Washington, DCDecember 21, 2015 – Symantec Corp. (NASDAQ: SYMC) and The Carlyle Group (NASDAQ: CG) today announced that they expect to close Carlyle’s acquisition of Veritas on January 29, 2016, subject to the satisfaction of customary closing conditions. The closing was previously expected to take place on January 1, 2016.

Bill Coleman, who will become CEO of Veritas upon the close of the transaction, said, “The team at Carlyle and I continue to be very excited about Veritas, its strong brand and products, as well as its top-tier customer and partner base. We see in Veritas an incredible opportunity for value creation and look forward to working alongside the strong existing Veritas team.”

About Symantec

Symantec Corporation (NASDAQ: SYMC) is the global leader in cybersecurity. Operating one of the world’s largest cyber intelligence networks, we see more threats, and protect more customers from the next generation of attacks. We help companies, governments and individuals secure their most important data wherever it lives.

Symantec, the Symantec Logo and the Checkmark logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.

About The Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $188 billion of assets under management across 126 funds and 160 fund of funds vehicles as of September 30, 2015. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,700 people in 35 offices across six continents.

Forward-Looking Statements

This press release contains statements regarding the anticipated timing of the closing of Symantec’s sale of Veritas to The Carlyle Group, which may be considered forward-looking within the meaning of the U.S. federal securities laws. These statements are subject to known and unknown risks, uncertainties and other factors that may cause such timing to differ from that expressed or implied in this press release. Such risk factors include the risk of continued satisfaction of the closing conditions set forth in the definitive agreement for the transaction, and the risk that the transaction may not be completed when expected. We assume no obligation, and do not intend, to update these forward-looking statements as a result of future events or developments.

Contacts:

Symantec

For Media

Kristen Batch, 503-516-6297

kristen_batch@symantec.com

For Investors

Jonathan Doros, 650-527-5523

jonathan_doros@symantec.com

The Carlyle Group

Liz Gill, 202-729-5385

Elizabeth.gill@carlyle.com

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