SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): September 8, 1997
UNITEL VIDEO, INC.
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(Exact Name of Registrant as Specified in Charter)
DELAWARE
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(State of Incorporation)
1-9654 23-1713238
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(Commission File No.) (IRS Employer Identification No.)
555 West 57th Street, New York, New York 10019
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(Address of Principal Executive Offices) (Zip Code)
(212) 265-3600
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(Registrant's telephone number, including area code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events
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On September 8, 1997, the Company issued a press release concerning,
among other things, certain unsolicited, non-binding expressions of interest in
acquiring the Company and announcing that it had retained the investment banking
firm of Legg Mason Wood Walker, Incorporated as its financial advisor in
connection with these expressions of interest and any possible transactions that
may result. A copy of the press release is attached to this Form 8-K as Exhibit
99.1.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(a) Financial statements of business acquired:
Not applicable.
(b) Pro forma financial information:
Not applicable.
(c) Exhibits:
99.1: Unitel Video, Inc. Press Release dated September 8,
1997.
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.
UNITEL VIDEO, INC.
Dated: September 15, 1997 By: /s/ Barry Knepper
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Chief Executive Officer
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EXHIBIT INDEX
Exhibit
Number Description
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99.1 Unitel Video, Inc. Press Release dated September 8, 1997.
NEWS ANNOUNCEMENT
[LOGO OF JAFFONI & COLLINS]
JAFFONI & COLLINS
Incorporated
[Letterhead]
CONTACT:
Barry Knepper Joseph N. Jaffoni
Chief Executive Officer Jaffoni & Collins Incorporated
212/265-3600 212/505-3015 or [email protected]
FOR IMMEDIATE RELEASE
UNITEL VIDEO MAKES ANNOUNCEMENT
New York, New York (September 8, 1997)--Unitel Video, Inc.
(AMEX:UNV), in a press release dated August 12, 1997, announced that it had
received an unsolicited, non-binding expression of interest in acquiring the
Company. The Company is announcing today that it subsequently received other
unsolicited, non-binding expressions of interest.
The Company has retained the investment banking firm of Legg Mason Wood Walker,
Incorporated as its financial advisor in connection with these expressions of
interest and any possible transactions that may result. The Company is also
being advised by its principal outside counsel, Parker Chapin Flattau & Klimpl,
LLP.
Mr. Barry Knepper, Chief Executive Officer of the Company, stated that while
Unitel Video has had discussions concerning these expressions of interest, there
can be no assurance that these discussions will result in a definitive agreement
or that a transaction with any party will ultimately be consummated.
Unitel Video, Inc. is a leading provider of studio and mobile production
facilities, and post-production and special effects services to virtually every
major entertainment company in the United States. The Company's studio division
comprises eight production studios in New York City which are used by leading
network, cable and syndicated television producers. The Company's mobile
division, with ten units, provides on-location services for the taping and live
telecasting of sports, musical, entertainment and cultural events throughout
North America. The Company also provides post-production and new media services
to producers of theatrical films, television programs and corporations through
its New York and Los Angeles-based facilities.
