UNITED STATES
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): 8/1/2011
Market Leader, Inc.
(Exact name of registrant as specified in its charter)
Commission File Number: 000-51032
Washington | 91-1982679 | |
(State or other jurisdiction of incorporation) |
(IRS Employer Identification No.) |
11332 NE 122nd Way, Suite 200,
Kirkland WA 98034
(Address of principal executive offices, including zip code)
425-952-5500
(Registrants telephone number, including area code)
(Former name or former address, if changed since last report)
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:
¨ | 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 August 1, 2011, Market Leader, Inc. acquired SharperAgent, LLC for $1.75 million in cash and approximately $350,000 in assumed liabilities. Sharper Agent is a leading provider of online and print marketing suites with more than 30,000 real estate agent users across North America. For the year ended December 31, 2010, Sharper Agent had revenues of approximately $3.5 million and positive cash flow from operations, based on Sharper Agents unaudited financial statements for such period.
A copy of the press release dated August 4, 2011, announcing the acquisition is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The press release should be read in conjunction with the note regarding forward-looking statements, which is included in the text of the press release.
The information in this Form 8-K and the exhibit attached hereto shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, unless expressly set for by specific reference in such filing.
Item 9.01. | Financial Statements and Exhibits |
99.1 Press release issued by Market Leader, Inc. dated August 4, 2011.
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Signature(s)
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.
Market Leader, Inc. | ||||||
Date: August 4, 2011 | By: | /s/ Jacqueline Davidson | ||||
Jacqueline Davidson | ||||||
Chief Financial Officer |
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