-----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, Vr0FZfL55w3Y0mmEeczPGL+igT9618wsrgL1GzHZcNbIr0kr6mdPL2Mv/4DJKpAi Ffv12+BBuAf6AxFUh6CzDQ== 0000893877-98-000109.txt : 19980218 0000893877-98-000109.hdr.sgml : 19980218 ACCESSION NUMBER: 0000893877-98-000109 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980213 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980217 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRED MEYER INC CENTRAL INDEX KEY: 0001043273 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DEPARTMENT STORES [5311] IRS NUMBER: 911826443 STATE OF INCORPORATION: DE FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13339 FILM NUMBER: 98540595 BUSINESS ADDRESS: STREET 1: 3800 SE 22ND AVENUE CITY: PORTLAND STATE: OR ZIP: 97202 BUSINESS PHONE: 5032328844 MAIL ADDRESS: STREET 1: 3800 SE 22ND AVENUE CITY: PORTLAND STATE: OR ZIP: 97202 FORMER COMPANY: FORMER CONFORMED NAME: MEYER SMITH HOLDCO INC DATE OF NAME CHANGE: 19970730 8-K 1 FORM 8-K 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) February 13, 1998 ----------------- FRED MEYER, INC. (Exact name of registrant as specified in its charter) Delaware 1-13339 91-1826443 - -------------------------------------------------------------------------------- (State or other jurisdiction of (Commission (IRS Employer incorporation or organization) File No.) Identification No.) 3800 SE 22nd Avenue, Portland, Oregon 97202 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (503) 232-8844 - -------------------------------------------------------------------------------- (Registrant's telephone number, including area code) Item 5. Other Events On February 10, 1998, Fred Meyer, Inc., a Delaware corporation ("Fred Meyer"), Quality Food Centers, Inc., a Washington corporation ("QFC"), and Food 4 Less Holdings, Inc., a Delaware corporation ("Ralphs/Food 4 Less"), entered into a settlement agreement (the "Settlement Agreement") with the State of California to settle potential antitrust and unfair competition claims that the State of California asserted against Fred Meyer, QFC and Ralphs/Food 4 Less relating to the effects of the proposed mergers involving Fred Meyer and Ralphs/Food 4 Less and Fred Meyer and QFC (the "Mergers") on supermarket competition in Southern California (the "State Claims"). Without admitting any liability in connection with the State Claims, Fred Meyer, QFC and Ralphs/Food 4 Less agreed in the Settlement Agreement to divest 19 specific stores in Southern California. Under the Settlement Agreement, following the merger of Fred Meyer and Food 4 Less, Fred Meyer must divest 13 stores within six months of closing and the balance of six stores within nine months of closing. Fred Meyer also agreed not to acquire new stores from third parties in the Southern California areas specified in the Settlement Agreement (covering substantially all of the Los Angeles metropolitan area) for five years following the date of the Settlement Agreement without providing prior notice to the State of California. If Fred Meyer fails to divest the required stores by the two dates set forth in the Settlement Agreement, Fred Meyer has agreed not to object to the appointment of a trustee to effect the required sales. The Settlement Agreement also requires Fred Meyer to pay the reasonable fees and costs of the attorneys and experts of the State of California associated with its review. Management does not believe that such divestitures will materially adversely affect Fred Meyer's business strategy, financial condition or results of operations. Notification filings relating to the Mergers were filed with the Antitrust Division of the United States Department of Justice and the United States Federal Trade Commission under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and all applicable waiting periods have expired. Fred Meyer has issued a press release dated February 13, 1998, which is attached hereto as Exhibit 99.1 and incorporated herein by reference. Item 7. Financial Statements and Exhibits (c) Exhibits. 99.1 Press Release dated February 13, 1998. 2 SIGNATURE Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: February 13, 1998 FRED MEYER, INC. By: ROGER A. COOKE ------------------------------------- Roger A. Cooke Senior Vice President, General Counsel and Secretary 3 EXHIBIT INDEX Sequential Page Exhibit No. Description No. - ----------- ----------- --------------- 99.1 Press Release dated February 13, 1998. EX-99.1 2 PRESS RELEASE Exhibit 99.1 Contact: Rob Boley 503-797-7176 Fred Meyer Reaches Favorable Settlement with California Attorney General; FTC Review Closed Clears Way for Ralphs and QFC Mergers Portland, OR -- (February 13, 1998) -- Fred Meyer, Inc. (NYSE:FMY) said today that it reached a favorable agreement with the California Attorney General regarding the divestiture of 19 southern California stores, owned by Ralphs Grocery Company and QFC's Hughes Family Markets, as precursor to its planned merger with Ralphs and QFC (NYSE: XQ) in early March. Upon receipt of notification of the agreement, the Federal Trade Commission closed its review of the impending transaction. The proposed merger of three prominent western regional supermarket companies will create one of the five largest supermarket companies in the United States with $15 billion in annual sales, more than 900 food and specialty stores and 88,000 employees in 22 states. The combined company will have leading food market position in seven of the 10 fastest growing states and the #1 or #2 market positions in Los Angeles, Las Vegas, Salt Lake City, Seattle, Phoenix, Portland and Albuquerque. Fred Meyer, Inc., headquartered in Portland, Oregon, is a major western retailer selling a wide range of food, apparel, general merchandise, home electronics, home improvement and fine jewelry products. The company currently operates 433 stores in 22 states and employs approximately 50,000 people. ### -----END PRIVACY-ENHANCED MESSAGE-----