-----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, WUD0zuTuft/GVauLBw0C+sbMrQyYwP4s7vsW7JIBcg3vK8T7F6nESX5p1TwLLSzz TitRkV4QMl8WWE92NLmAFA== 0000043300-07-000045.txt : 20070919 0000043300-07-000045.hdr.sgml : 20070919 20070919141157 ACCESSION NUMBER: 0000043300-07-000045 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070918 ITEM INFORMATION: Other Events FILED AS OF DATE: 20070919 DATE AS OF CHANGE: 20070919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREAT ATLANTIC & PACIFIC TEA CO INC CENTRAL INDEX KEY: 0000043300 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] IRS NUMBER: 131890974 STATE OF INCORPORATION: MD FISCAL YEAR END: 0225 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04141 FILM NUMBER: 071124278 BUSINESS ADDRESS: STREET 1: 2 PARAGON DR CITY: MONTVALE STATE: NJ ZIP: 07645 BUSINESS PHONE: 2015739700 MAIL ADDRESS: STREET 1: 2 PARAGON DRIVE CITY: MONTVALE STATE: NJ ZIP: 07645 8-K 1 f8ksaleneworleansrouse.txt SEPTEMBER 2007-SALE 19 NEW ORLEANS STORES TO ROUSE 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 September 19, 2007 (September 15, 2007) Date of Report (Date of earliest event reported) ------------------------------------- THE GREAT ATLANTIC & PACIFIC TEA COMPANY, INC. (Exact name of registrant as specified in its charter) Maryland 1-4141 13-1890974 (State or other jurisdiction of (Commission file number) (I.R.S. Employer incorporation or organization) Identification No.) Two Paragon Drive Montvale, New Jersey 07645 (Address of principal executive offices) (201) 573-9700 (Registrant's 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: __ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) __ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) __ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b)) __ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- Item 8.01 Other Events On September 15, 2007, the Company issued a press release announcing agreements for the sale of 19 New Orleans-area Sav-A-Center stores to Rouse's Supermarket in Thibadoux, Louisiana. In addition, two other Sav-A-Centers units are being sold to an independent food retailer. A copy of the September 15, 2007 press release is attached hereto as an Exhibit 99.1. (c) Exhibits. The following exhibit is filed herewith: Exhibit No. Description -------------------------------------- 99.1 Press Release dated September 15, 2007 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. Dated: September 19, 2007 THE GREAT ATLANTIC & PACIFIC TEA COMPANY, INC. By: /s/ Allan Richards ------------------ Allan Richards, Senior Vice President, Human Resources, Labor Relations, Legal Services & Secretary EXHIBIT INDEX Exhibit No. Description 99.1 Press release dated September 15, 2007 Exhibit 99.1 Investor Contact: William J. Moss Vice President, Treasurer (201) 571-4019 Press Contact: Richard P. De Santa Senior Director, Corporate Affairs (201) 571-4495 For Immediate Release - --------------------- A&P Reaches Agreement for Sale of Sav-A-Center Stores ****** 19 Sav-A-Center stores being acquired by Rouse's, others by independent operators. ******* Substantially all New Orleans Sav-A-Center workers to be offered positions by new owners. MONTVALE, NJ - (September 15) - The Great Atlantic & Pacific Tea Company, Inc. (A&P)(NYSE:GAP) today announced agreements for the sale of 19 New Orleans-area Sav-A-Center stores to Rouse's Supermarket (Thibadoux, Louisiana). In addition, two other Sav-A-Center units are being sold to other buyers including an independent food retailer. William Blair & Company, LLC served as the exclusive financial advisor for A&P on the transaction. The Company said that as stipulated by the terms of the sale agreements, substantially all current Sav-A-Center associates will be offered positions by new owners. Transfer of ownership of all stores is expected to be completed over an approximately six-week period. A&P said the sale of the Sav-A-Center stores will complete its exit from non-core markets, concentrating its retail operations fully in the Northeast, as aligned with the Company's strategic transformation. Earlier this year, A&P announced an agreement to acquire Pathmark Stores Inc., also based in the Northeast. That transaction is currently under FTC review and is expected to be completed during the second half of A&P's fiscal year 2007. Eric Claus, President & CEO of A&P, said, "This marks a critical step in A&P's strategic transformation, enabling us to focus all resources on our core operations in the Northeast. We're especially delighted with the sale of the majority of our local stores to Rouse's, in light of our desire to sell the business largely intact for the benefit of our outstanding office and store associates. Their dedication made possible our swift return to business following Hurricane Katrina, and the ongoing revitalization of our operations since then. We're grateful for their efforts, and pleased that the majority will now go forward under new ownership committed to the New Orleans marketplace, as that great city continues to rebuild." Founded in 1859, A&P is one of the nation's first supermarket chains. The Company operates 337 stores in eight states and the District of Columbia under the following trade names: A&P, Waldbaum's, The Food Emporium, Super Foodmart, Super Fresh, Sav-A-Center and Food Basics. ########### -----END PRIVACY-ENHANCED MESSAGE-----