-----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, WqySbkySbJsqG6ejkaUWtzkUfUAbogO1LA9CkucLxdEu10lwNt4sJ9q9JxJ3UEG5 oh9tj5Q6HRtuzGFilvUi8Q== 0000950144-99-010682.txt : 19990827 0000950144-99-010682.hdr.sgml : 19990827 ACCESSION NUMBER: 0000950144-99-010682 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990826 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FOOD LION INC CENTRAL INDEX KEY: 0000037912 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 560660192 STATE OF INCORPORATION: NC FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: SEC FILE NUMBER: 000-06080 FILM NUMBER: 99699585 BUSINESS ADDRESS: STREET 1: P O BOX 1330 STREET 2: 2110 EXECUTIVE DR CITY: SALISBURY STATE: NC ZIP: 28145 BUSINESS PHONE: 7046338250 MAIL ADDRESS: STREET 1: P O BOX 1330 STREET 2: 2110 EXECUTIVE DR CITY: SALISBURY STATE: NC ZIP: 28145 FORMER COMPANY: FORMER CONFORMED NAME: FOOD TOWN STORES INC DATE OF NAME CHANGE: 19830510 DEFA14A 1 FOOD LION INC 1 SCHEDULE 14A (RULE 14A-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ) Filed by the Registrant [X] Filed by a Party other than the Registrant [ ] Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [X] Definitive Additional Materials [ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
Food Lion, Inc. - -------------------------------------------------------------------------------- (Name of Registrant as Specified In Its Charter) - -------------------------------------------------------------------------------- (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [ ] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: [ ] Fee paid previously with preliminary materials: [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: 2 August 20, 1999 Dear Investors: This week I announced a series of initiatives that will prepare Food Lion for the next stage of the Company's growth as we plan to expand locally and nationally. We expect these proposals to help the Company achieve the aggressive growth strategy outlined at the annual meeting of shareholders in May, and are part of my pledge to increase shareholder value. Among the steps Food Lion plans to take are the following: - - Forming a holding company, to be called Delhaize America, to facilitate future acquisitions as well as the expansion of the Company's existing operations. - - Listing Delhaize America, Inc. on the New York Stock Exchange beginning September 9th, which will enhance the Company's visibility within the investment community. The Company's two classes of common stock will be traded on the NYSE under the symbols "DZA" and "DZB." Simultaneously, Food Lion, Inc. will delist from the Nasdaq National Market system. - - Authorizing a one-for-three reverse stock split of the Company's outstanding shares of common stock (Classes A and B). - - Authorizing 500 million shares of a new class of "blank check" preferred stock that could be issued in acquisitions, implementation of employee benefit plans, and other uses as determined by the Company's Board of Directors. - - Increasing the maximum number of authorized directors of the Company from 10 to as many as 14. We are fully committed to building shareholder value and making Delhaize America one of the great brand names in the global supermarket industry. We expect these initiatives to pave the way for the growth of our Company well into the next century. Accompanying this letter is a proxy statement further describing in detail our proposed actions. In addition, a recorded replay of the analysts' conference call we conducted this week is available through 5 p.m. August 27 by calling 1-402-530-7723. The passcode is 8941938. If you have further questions, you may contact the Company's Investor Relations Manager, David Hogan, at (704) 633-8250, ext. 2529. We look forward to beginning this new chapter in Food Lion's rich history and value your continued support. Best Regards, /s/ Bill McCanless Bill McCanless President and Chief Executive Officer
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