-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, K7i7GsW+U/IPQMzx9fWsnuNvIDXTYwy2Mr0Plhc92XklSEHzGefQdsurD3RABirk K+Bb+ZUtBdw8Nkj2uP+PaA== 0000950109-98-004737.txt : 19981014 0000950109-98-004737.hdr.sgml : 19981014 ACCESSION NUMBER: 0000950109-98-004737 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981013 ITEM INFORMATION: FILED AS OF DATE: 19981013 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: LIFE FINANCIAL CORP CENTRAL INDEX KEY: 0001028918 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 330743196 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-22193 FILM NUMBER: 98724808 BUSINESS ADDRESS: STREET 1: 10540 N MAGNOLIA ACE STREET 2: UNIT B CITY: RIVERSIDE STATE: CA ZIP: 92503 BUSINESS PHONE: 9098869751 MAIL ADDRESS: STREET 1: 1598 EAST HIGHLAND AVENUE CITY: SAN BERNADINO STATE: CA ZIP: 92404 8-K 1 FORM 8-K 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): October 13, 1998 Life Financial Corporation ------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 000-22193 33-0743196 --------------------------- ---------------------- ------------------- (State or other jurisdiction (Commission File No.) (I.R.S. Employer of incorporation Identification No.) Registrant's telephone number, including area code: (909) 637-4000 Not Applicable ------------------------------------------------------ (Former name or former address, if changed since last report) Item 5. Other Events. - --------------------- Life Financial Corporation issued a press release on Monday, October 12, 1998 stating that Life Financial Corporation's Board of Directors informed FirstPlus Financial Group on October 9, 1998 that Life Financial Corporation is terminating the Agreement and Plan of Merger entered into by the parties on March 11, 1998. The Board of Directors believed it was in the best interest of the stockholders to no longer continue with the merger. 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. LIFE FINANCIAL CORPORATION By: /s/ Daniel L. Perl ------------------------------------ Daniel L. Perl President and Chief Executive Officer DATE: October 13, 1998 Exhibit Index ------------- The following Exhibit is filed as part of this report: Exhibit 99. Press Release dated October 12, 1998 -3- EX-99 2 PRESS RELEASE Exhibit 99 FOR IMMEDIATE RELEASE MONDAY, OCTOBER 12, 1998 8:00 A.M. EST Life Financial Terminates FirstPlus Merger Agreement Life Financial Corporation today announced that on Friday, October 9, 1998 it had advised FirstPlus Financial Group, Inc. that it was terminating the Agreement and Plan of Merger by and between Life and FirstPlus dated March 11, 1998. Daniel L. Perl, President and Chief Executive Officer of Life Financial Corporation, commented "Our Board of Directors determined that it was in the best interest of our stockholders to no longer continue with this merger based upon certain actions and recent developments concerning FirstPlus." Life Financial Corporation is traded on the Nasdaq Stock Market under the symbol "LFCO". Life Financial is the holding company for Life Bank and Life Capital Markets. -----END PRIVACY-ENHANCED MESSAGE-----