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

Date of Report: June 20, 2014
(Date of Earliest Event Reported: June 20, 2014)


Akorn, Inc.
(Exact Name of Registrant as Specified in its Charter)

Louisiana

 

001-32360

 

72-0717400

(State or other
Jurisdiction of
Incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

1925 W. Field Court, Suite 300
Lake Forest, Illinois 60045

(Address of principal executive offices)

(847) 279-6100
(Registrant’s telephone number, including area code)

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 June 20, 2014, Akorn, Inc. (“Akorn, or the “Company”) issued a press release announcing that the Company has sold its subsidiary, ECR Pharmaceuticals (“ECR”), to Valeant Pharmaceuticals for $41 million in cash and assumption of certain liabilities.  A copy of the press release is furnished as Exhibit 99.1 to this report.  

The information in this Item 8.01, including exhibit 99.1 attached hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.  See attached exhibit index.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

Akorn, Inc.

 
 

 

 

By:

/s/ Timothy A. Dick

     Timothy A. Dick

     Chief Financial Officer

 

Date:

June 20, 2014


Exhibit Index

Exhibit No.   Description of Exhibit
 
99.1 Press release dated June 20, 2014, issued by Akorn, Inc.