-----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, Qm+lATORKHWzi2UQHeg5HqbJ3ot/8LFQAI8k1gHPenmMXjOa7JZJgnxTG5PIligr yQT/s6VIyIqEvJLEhM+wAg== 0000790934-96-000007.txt : 19961101 0000790934-96-000007.hdr.sgml : 19961101 ACCESSION NUMBER: 0000790934-96-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19961031 ITEM INFORMATION: Other events FILED AS OF DATE: 19961031 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: REYNOLDS DEBBIE HOTEL & CASINO INC CENTRAL INDEX KEY: 0000790934 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-RACING, INCLUDING TRACK OPERATION [7948] IRS NUMBER: 880335924 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18864 FILM NUMBER: 96651059 BUSINESS ADDRESS: STREET 1: 305 CONVENTION CENTER DR CITY: LAS VEGAS STATE: NV ZIP: 89109 BUSINESS PHONE: 7027340711 MAIL ADDRESS: STREET 1: 305 CONVENTION CTR DR CITY: LAS VEGAS STATE: NV ZIP: 89109 FORMER COMPANY: FORMER CONFORMED NAME: HALTER VENTURE CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: HALTER RACING STABLES INC DATE OF NAME CHANGE: 19881116 8-K 1 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 October 31, 1996 (Date of Report) DEBBIE REYNOLDS HOTEL & CASINO, INC. (Exact Name of Registrantas Specified in its charter) NEVADA (State or other jurisdiction of incorporation) 0-18864 88-0335924 (Commission File Number) (IRS Employer Identification Number) 305 Convention Center Drive, Las Vegas, Nevada 89109 (Address of principal executive offices including zip code) (702) 734-0711 (Registrant's telephone number including area code) N/A (Former name or former address, if changed since last report) Item 5. Other Events Debbie Reynolds Hotel & Casino, Inc.,(DRHC), announces today that its has entered into a definitive agreement with ILX Incorporated, (Nasdaq:ILEX), an Arizona Corporation, whereby ILX will aquire the renown Debbie Reynolds Hotel & Casino in Las Vegas, Nevada. The purchase price of $16,800,000 includes 3,750,000 registered shares of ILX common stock valued for the purpose of the transaction at $2.00 per share, as well as $4,200,000 in cash and $5,100,000 in assumption of mortgage indebtedness. The transaction is scheduled to close following approval by the shareholders of Debbie Reynolds Hotel & Casino, Inc., a standard due diligence investigation by ILX, and satisfaction of various other conditions, which are estimated to be completed early in the first quarter of 1997. The Debbie Reynolds Hotel & Casino consists of 193 rooms in a twelve story structure situated over six acres. The property is located at 305 Convention Center Drive, just one half block from "the strip" and one half block from the Las Vegas Convention Center. Hotel amenities include the Debbie Reynolds Hollywood Movie Museum, Debbie's Star Theater, space for a planned full-service casino, food and beverage facilities, a pool area. Forty-three of the hotel rooms have recently been renovated and established as timeshare units. 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, thereunto duly authorized. DEBBIE REYNOLDS HOTEL & CASINO, INC. Date: October 31, 1996 /S/TODD FISHER________ Todd Fisher, President -----END PRIVACY-ENHANCED MESSAGE-----