-----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, IWZdMgXcsARhZ3GGCDWjyDEtBKJgEhrrHIkx3Ot2qkFZWuxYPQJH3quYr7Syd0vS Oak/n7pB6h11JaLCMJPjHw== 0001104659-03-021260.txt : 20030922 0001104659-03-021260.hdr.sgml : 20030922 20030922163712 ACCESSION NUMBER: 0001104659-03-021260 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030919 ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030922 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EAGLE FOOD CENTERS INC CENTRAL INDEX KEY: 0000030908 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 363548019 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17871 FILM NUMBER: 03904518 BUSINESS ADDRESS: STREET 1: RTE 67 KNOXVILLE RD CITY: MILAN STATE: IL ZIP: 61264 BUSINESS PHONE: 3097877730 MAIL ADDRESS: STREET 1: PO BOX 6700 CITY: ROCK ISLAND STATE: IL ZIP: 61204-6700 8-K 1 a03-3563_18k.htm 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): September 19, 2003

 

 

Eagle Food Centers, Inc.

(Exact name of registrant as specified in its charter)

 

Commission File Number  0-17871

 

DELAWARE

 

36-3548019

(State or other jurisdiction
of incorporation
or organization)

 

(I.R.S. Employer Identification No.)

 

 

 

RT. 67 & KNOXVILLE RD., MILAN,
ILLINOIS

 

61264

(Address of principal executive offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code:  (309) 787-7700

 

 

 

Eagle Food Centers, Inc. announces asset sale agreements.

 

ITEM 7. FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS

 

(c)                                  Exhibits:

 

99.1 Eagle Food Centers, Inc. Press Release, dated September 19, 2003.

 

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.

 

EAGLE FOOD CENTERS, INC. (Registrant)

 

By:

/s/ Robert J. Kelly

 

September 22, 2003

 

Robert J. Kelly

Date

President, Chief Executive Officer

 

 

2

 EX-99.1 3 a03-3563_1ex99d1.htm EX-99.1

Exhibit 99.1

 

PRESS RELEASE

 

FOR IMMEDIATE RELEASE

 

 

EAGLE FOOD CENTERS

 

P.O. Box 6700

 

Rock Island, Illinois 61204-6700

 

Executive Offices & Distribution Center

 

Route 67 & Knoxville Road

 

Milan, Illinois 61264

 

Telephone:  309-787-7700

 

Fax:  309-787-7895

 

 

 

Contact:

Anita-Marie Laurie

 

 

Romelia Martinez

 

 

310-788-2850

 

Eagle Announces Auction Results;
Received Purchase Agreements for Sale of Certain Stores

 

Milan, Illinois — September 19, 2003 – Eagle Food Centers, Inc., which owns and operates supermarkets in Illinois and Iowa, announced today that it has submitted seven purchase agreements for the sale of nine of its stores – two of which were selected by auction yesterday.

 

In connection with the auction, The Bobak Acquisition Corp. emerged as the highest and best bidder for store # 110 located in Naperville, IL and Central Grocers, Inc. emerged the highest and best bidder for store #311 in Belvidere, IL.  Both purchase agreements were submitted to the Bankruptcy Court today and are scheduled for hearing on September 30, 2003.

 

In addition, today, Eagle Foods submitted seven other purchase agreements to the Bankruptcy Court, all of which are scheduled for hearing on September 30, 2003.  The seven purchase agreements consist of the following: Crystal Lake Limited Partnership for store # 289 in Crystal Lake, IL; Jefferson Capital Group, Inc. for store # 111 in Elgin, IL and store # 86 in Montgomery, IL; Tesbo Conception Group LLC for store #075 in Rock Island, IL including the building and land; a third party for store # 008 in East Moline, IL including the building and land; and Downtown Eagle Corporation for store# 130 in Dubuque, IA and store #234 in Clinton, IA.

 

Eagle Foods will continue to market the balance of its stores and infrastructure.

 

# # #

 

 

This press release includes statements that constitute “forward-looking” statements.  These statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995.  These forward looking statements involve risks and uncertainties that could render them materially different, including, but not limited to, acceptance of the Company’s products in the marketplace, the effect of economic conditions, the impact of current and additional competitive stores and pricing, availability and costs of inventory, employee costs and availability, the rate of technology change, the cost and uncertain outcomes of pending and unforeseen litigation including the Second Bankruptcy Case, the availability and cost of capital including the continued availability of capital under the DIP financing, supply constraints or difficulties, the effect of the Company’s accounting policies, the effect of regulatory and legal developments and other risks detailed in the Company’s Securities and Exchange Commission filings or in material incorporated therein by reference.

 

Similarly, these and other factors, including the terms of any reorganization plan ultimately confirmed, can affect the value of the Company’s various prepetition liabilities and common stock. No assurance can be given as to what values, if any, will be ascribed in the bankruptcy proceedings to each of these constituencies.  Accordingly, the Company urges that the appropriate caution be exercised with respect to existing and future investments in any of these liabilities and/or securities.

 

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