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Ares Management Corp – ‘8-K’ for 1/21/20

On:  Tuesday, 1/21/20, at 6:03am ET   ·   For:  1/21/20   ·   Accession #:  1104659-20-5280   ·   File #:  1-36429

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 1/21/20  Ares Management Corp              8-K:8,9     1/21/20   12:289K                                   Toppan Merrill/FA

Current Report   —   Form 8-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     36K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML     18K 
12: R1          Cover                                               HTML     53K 
 8: XML         IDEA XML File -- Filing Summary                      XML     12K 
 7: XML         XBRL Instance -- tm204194-1_8k_htm                   XML     19K 
 9: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 4: EX-101.DEF  XBRL Definitions -- ares-20200121_def                XML     74K 
 5: EX-101.LAB  XBRL Labels -- ares-20200121_lab                     XML    103K 
 6: EX-101.PRE  XBRL Presentations -- ares-20200121_pre              XML     71K 
 3: EX-101.SCH  XBRL Schema -- ares-20200121                         XSD     13K 
10: JSON        XBRL Instance as JSON Data -- MetaLinks               27±    35K 
11: ZIP         XBRL Zipped Folder -- 0001104659-20-005280-xbrl      Zip     19K 


‘8-K’   —   Current Report


This is an HTML Document rendered as filed.  [ Alternative Formats ]



 iX:   C:   C:   C:   C:   C:   C:   C:   C:   C: 
 i 0001176948  i false 0001176948 2020-01-20 2020-01-21 0001176948 us-gaap:CommonClassAMember 2020-01-20 2020-01-21 0001176948 us-gaap:SeriesAPreferredStockMember 2020-01-20 2020-01-21 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM  i 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)  i January 21, 2020

 

 i ARES MANAGEMENT CORPORATION

(Exact name of registrant as specified in its charter)

 

 i Delaware    i 001-36429    i 80-0962035

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

 i 2000 Avenue of the Stars,  i 12th Floor,  i Los Angeles,  i CA    i 90067
(Address of principal executive offices)  

(Zip Code)

 

Registrant’s telephone number, including area code ( i 310)  i 201-4100

 

(Former name or former address, if changed since last report) Not applicable

 

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):

 

 i ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 i ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 i ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 i ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which
registered
 i Class A Common Stock, par value $0.01 per share  i ARES  i New York Stock Exchange
 i 7.00% Series A Preferred Stock, par value $0.01 per share  i ARES.PRA  i New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company  i ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

CommonStockMember Class A Common Stock
 C: 

 

 

 

Item 8.01 Other Events.

 

On January 21, 2020, Ares Management Corporation (the “Company”) issued a press release announcing that its subsidiary, Ares Holdings L.P., entered into a purchase agreement to indirectly acquire a majority interest in SSG Capital Holdings Limited (the “Transaction”). The consideration payable in the Transaction consists of Class A common stock, par value $0.01 per share, and cash. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

 

Forward-Looking Statements

 

This current report on 8-K contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by the Company’s use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” and similar expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond the Company’s control and could materially affect actual results, performance, or achievements. For a further description of such factors, you should read the Company’s filings with the Securities and Exchange Commission. The Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

 

In addition to factors previously disclosed in the Company’s filings with the Securities and Exchange Commission, including those discussed under the heading “Risk Factors” in its most recently filed reports on Form 10-K and 10-Q, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: the possibility that regulatory and other approvals and conditions to the Transaction are not received or satisfied on a timely basis or at all, or contain unanticipated terms and conditions; the possibility that modifications to the terms of the Transaction may be required in order to obtain or satisfy such approvals or conditions; delays in closing the Transaction; difficulties, delays or unanticipated costs in integrating the acquired operations; purchase price adjustments; unexpected costs resulting from the Transaction, delays or other disruptions associated with the acquisition and integration of personnel and operations in international jurisdictions; changes in economic conditions; and regulatory conditions.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit
Number
    Description
99.1   Press Release dated January 21, 2020.  
     
101.INS*   XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.  
     
104   Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.  

 

 C: 

 C: 2

 

 

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.

 

    ARES MANAGEMENT CORPORATION
     
Dated: January 21, 2020    
     
  By: /s/ Michael R. McFerran
  Name: Michael R. McFerran
  Title: Executive Vice President, Chief Financial Officer & Chief Operating Officer

 

 C: 

3

 C: 

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
Filed on / For Period end:1/21/204,  8-K
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/07/21  Ares Management Corp.             424B5                  1:1.4M                                   Toppan Merrill-FA
 4/05/21  Ares Management Corp.             424B5                  1:1.3M                                   Toppan Merrill-FA
 8/14/20  Ares Management Corp.             S-8         8/14/20    3:281K                                   Workiva Inc Wde… FA01/FA
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