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):
April 5, 2000
ZIFF-DAVIS INC.
(Exact name of registrant as specified in its charter)
STATE OF DELAWARE 1-19676 13-3987754
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
Ziff-Davis Inc.
28 East 28th Street, New York, New York 10016
(Address of principal executive offices)
Registrant's telephone number, including area code:
(212) 503-3500
N/A
(Former name or former address, if changed since last report)
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Item 1. Not Applicable.
Item 2. Acquisition or Disposition of Assets.
On April 5, 2000, Ziff-Davis Inc., a Delaware corporation (the
"Company"), completed the sale of its Ziff-Davis Publishing division (excluding
Computer Shopper and the investment in Red Herring Communications Inc.) to
companies controlled by Willis Stein & Partners. The purchase price was
$780,000,000. Additional information about this sale may be found in the
Company's proxy statement dated February 7, 2000 and in the Company's Form 10-K
for the year ended December 31, 1999, each of which is incorporated by reference
herein.
Items 3-6. Not Applicable.
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Items 7(a) and 7(c). Not applicable.
Item 7(b). Pro Forma Financial Information.
Pro forma financial information for the Company reflecting the sale
described in Item 2 will be set forth as part of a Form 8-K/A that the Company
expects to file by April 20, 2000.
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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.
ZIFF-DAVIS INC.
By: /S/ DANIEL L. ROSENSWEIG
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Name: Daniel L. Rosensweig
Title: President, Chief
Executive Officer,
ZDNet
Date: April 14, 2000
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