8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of report (Date of earliest event reported)
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September 2, 2005 |
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Nextel Partners, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
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000-29633
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91-1930918 |
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(Commission File Number)
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(IRS Employer Identification No.) |
4500 Carillon Point
Kirkland, Washington 98033
(Address of Principal Executive Offices) (Zip Code)
(425) 576-3600
(Registrants Telephone Number, Including Area Code)
Not Applicable
(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 (see General
Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
X Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
TABLE OF CONTENTS
Item 8.01. Other Events.
As previously reported, on July 22, 2005, Nextel Partners, Inc., Nextel Communications, Inc.
and Nextel WIP Corp., a subsidiary of Nextel Communications, selected a three-member arbitration
panel to hear matters set forth in Nextel Partners demand for arbitration relating to branding,
marketing and other operational matters.
On September 2, 2005, the arbitration panel issued a ruling with respect to Nextel Partners
request for a preliminary injunction to prevent Nextel Communications from making any change in its
brand identity, unless and until Nextel Partners was permitted to make the same change at the same
time. While denying the request for a preliminary injunction, the panel found that Nextel Partners
was likely to prevail on its claim that the use of the new Sprint-Nextel brand by Nextel
Communications operating subsidiaries, without making the new brand available to Nextel Partners,
violates the non-discrimination provisions of Section 2.6 of the Joint Venture Agreement.
In explaining its decision, the panel stated that Section 8.1 of the Joint Venture Agreement
did not bar Nextel Communications from using the new brand but said that, in light of Nextel
Partners put right, any loss during the put process period and by diminution of value through a
lower put price arising from the discrimination under Section 2.6 could be remedied by a
monetary award. The panel also stated its view that, in the context of the put right, a money
damage award could remedy any damage to Nextel Partners from the violation of its contractual
rights.
With respect to Nextel Partners remaining claims, in particular with respect to the handling
of national accounts and confidential customer information, the panel reserved these matters for
future ruling if necessary.
The full text of the panels decision is filed herewith as Exhibit 99.1. Nextel Partners
intends to continue to pursue the claims set forth in its arbitration demand and to seek monetary
damages and other relief, as the arbitration panel finds appropriate, for Nextel Communications
and Nextel WIPs breaches of their contractual obligations. There can be no assurance as
to the outcome or timing of any further proceedings.
Item 9.01 Financial Statements and Exhibits.
99.1 Text of Arbitration Panel Decision
ADDITIONAL INFORMATION AND WHERE TO FIND IT
In
connection with the put right arising in connection with the Sprint
Corporation and Nextel
Communications, Inc. merger transaction, Nextel Partners, Inc. has filed and will be filing proxy
statements and other materials with the Securities and Exchange Commission. WE URGE INVESTORS TO
READ THE PROXY STATEMENT AND THESE OTHER MATERIALS CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE
THEY WILL CONTAIN
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IMPORTANT INFORMATION ABOUT NEXTEL PARTNERS, INC. AND THE PUT RIGHT AND POTENTIAL TRANSACTION.
Investors may obtain a free copy of the proxy statements and other relevant documents when they
become available as well as other materials filed with the SEC concerning Nextel Partners, Inc. at
the SECs website at http://www.sec.gov. Free copies of Nextel Partners, Inc.s SEC filings are
also available on Nextel Partners, Inc.s website at http://www.nextelpartners.com. These materials
and other documents may also be obtained for free from: Nextel Partners, Inc at Nextel Partners,
Inc., 4500 Carillon Point, Kirkland, WA 98033, Attn: Investor Relations.
PARTICIPANTS IN THE SOLICITATION
Nextel Partners, Inc. and its officers and directors may be deemed, under SEC rules, to be
participants in the solicitation of proxies from Nextel Partners, Inc.s stockholders with respect
to the put right and potential transaction. Information regarding the officers and directors of
Nextel Partners, Inc. is included in its definitive proxy statement for its 2005 Annual Meeting
filed with the SEC on April 8, 2005. More detailed information regarding the identity of potential
participants, and their direct or indirect interests, by securities, holdings or otherwise, will be
set forth in the proxy statement and other materials to be filed with the SEC in connection with
the put right and potential transaction.
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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.
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NEXTEL PARTNERS, INC.
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By: |
/s/ Donald J. Manning
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Name: |
Donald J. Manning |
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Title: |
Vice President, General Counsel and
Secretary |
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Date: September 5, 2005
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Exhibits
Exhibit 99.1 Text of Arbitration Panel Decision
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