-----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, Ht2tdOJ6mN/NrPaGJgOHElUk33APEmXeJGjIM4Fd99nGI+juNo2v0+hHBh6/WArD aPTnj60s7K3sijh061qi3A== 0001036050-98-000127.txt : 19980210 0001036050-98-000127.hdr.sgml : 19980210 ACCESSION NUMBER: 0001036050-98-000127 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980209 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARAMARK CORP CENTRAL INDEX KEY: 0000757523 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 232319139 STATE OF INCORPORATION: DE FISCAL YEAR END: 0927 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: SEC FILE NUMBER: 001-08827 FILM NUMBER: 98525102 BUSINESS ADDRESS: STREET 1: THE ARA TOWER STREET 2: 1101 MARKET ST CITY: PHILADELPHIA STATE: PA ZIP: 19107 BUSINESS PHONE: 2152383000 MAIL ADDRESS: STREET 1: ARA GROUP INC STREET 2: 1101 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19107 FORMER COMPANY: FORMER CONFORMED NAME: ARA GROUP INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ARA HOLDING CO DATE OF NAME CHANGE: 19880515 DEFA14A 1 MEMORANDUM [ARAMARK LOGO] MEMORANDUM - -------------------------------------------------------------------------------- TO: Executive Leadership FROM: Joseph Neubauer Council SUBJECT: Share 100 DATE: February 6, 1998 - -------------------------------------------------------------------------------- On February 5 in Chancery Court in Delaware, Judge Bernard Balick issued an injunction to temporarily halt the Share 100 transaction. This means that the Share 100 transaction will not close as originally scheduled on February 10. His decision was based on an interpretation of an unresolved point of Delaware law concerning the applicability of a private company discount to outside shareholders in the unique situation where shares are being repurchased in a mandatory transaction. The judge did not question the appraisal of the value of ARAMARK's stock. Let me emphasize that the ruling is to temporarily halt the transaction which allows us time to resolve certain issues related to the transaction. As a result, we will postpone any action on Share 100 at the February 10 shareholders meeting for 30 days, which will allow us to appeal the ruling to the Delaware Supreme Court. While I am disappointed at this temporary setback in light of our enthusiasm for Share 100, it is important to emphasize our success and your efforts which have positioned us as the world leader in managed services. Most importantly, let me assure you that I remain committed to Share 100 and believe that it is in the best interest of ARAMARK. Let me urge you to continue to focus on the task at hand which is to serve our customers and grow our business profitably through our Unlimited Partnerships, and I will keep you informed of new developments as we move forward. -----END PRIVACY-ENHANCED MESSAGE-----