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FOREST LABORATORIES INC FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits

June 18, 2014



Item 5.07 Submission of Matters to a Vote of Security Holders.

On June 17, 2014, Forest Laboratories, Inc. (the "Company") held a special meeting of stockholders (the "Special Meeting") to consider certain proposals related to the agreement and plan of merger, dated February 17, 2014, by and among Actavis plc ("Actavis"), Tango Merger Sub 1 LLC ("Merger Sub 1"), Tango Merger Sub 2 LLC ("Merger Sub 2"), Tango US Holdings Inc. and the Company (the "Merger Agreement"), which provides, among other things and subject to the terms and conditions set forth therein, (a) that the Company will be merged with and into Merger Sub 1 (the "First Merger"), and (b) immediately following the First Merger, the Company, as the surviving entity of the First Merger, will merge with and into Merger Sub 2, with Merger Sub 2 being the surviving entity (the "Second Merger" and, together with the First Merger, the "Mergers").

As of May 2, 2014, the record date for the Special Meeting, there were 272,425,915 shares of the Company's common stock, par value $0.10 per share (the "Common Stock"), outstanding, each of which was entitled to one vote for each proposal at the Special Meeting. At the Special Meeting, a total of 225,445,622 shares of Common Stock, representing approximately 82.75% of the outstanding shares entitled to vote, were present in person or by proxy, constituting a quorum to conduct business.

At the Special Meeting, the following proposals were considered:

(1) The adoption of the Merger Agreement; and (2) The approval, on an advisory (non-binding) basis, the compensation to be paid to the Company's named executive officers that is based on or otherwise relates to the First Merger.



Both of the proposals were approved by the requisite vote of the Company's stockholders. The final voting results for each proposal are described below. For more information on each of these proposals, see the Company's definitive proxy statement filed with the Securities and Exchange Commission on May 5, 2014.

1. Proposal to approve the Merger Agreement: For Against Abstain Broker Non-Votes 223,105,244 516,165 1,824,213 (0) 2. Proposal to approve on an advisory (non-binding) basis, the compensation to be paid to the Company's named executive officers that is based on or otherwise relates to the First Merger: For Against Abstain Broker Non-Votes 136,914,719 85,474,885 3,056,018 (0)



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Item 8.01 Other Events.

On June 17, 2014, the Company and Actavis issued a joint press release announcing (i) the results of the Special Meeting and (ii) the results of the extraordinary general meeting of shareholders of Actavis held on June 17, 2014. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits Exhibit Description of Document 99.1 Joint Press Release, dated June 17, 2014.



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Source: Edgar Glimpses


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