0001193125-11-153422.txt : 20110527 0001193125-11-153422.hdr.sgml : 20110527 20110527163535 ACCESSION NUMBER: 0001193125-11-153422 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110527 ITEM INFORMATION: Other Events FILED AS OF DATE: 20110527 DATE AS OF CHANGE: 20110527 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IMPERIAL SUGAR CO /NEW/ CENTRAL INDEX KEY: 0000831327 STANDARD INDUSTRIAL CLASSIFICATION: SUGAR & CONFECTIONERY PRODUCTS [2060] IRS NUMBER: 740704500 STATE OF INCORPORATION: TX FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16674 FILM NUMBER: 11878700 BUSINESS ADDRESS: STREET 1: 8016 HIGHWAY 90-A STREET 2: PO BOX 9 CITY: SUGARLAND STATE: TX ZIP: 77487-0009 BUSINESS PHONE: 2814919181 MAIL ADDRESS: STREET 1: 8016 HIGHWAY 90-A STREET 2: PO BOX 9 CITY: SUGARLAND STATE: TX ZIP: 77487-0009 FORMER COMPANY: FORMER CONFORMED NAME: IMPERIAL HOLLY CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: IMPERIAL SUGAR CO /TX/ DATE OF NAME CHANGE: 19880606 8-K 1 d8k.htm FORM 8-K Form 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): May 27, 2011

 

 

IMPERIAL SUGAR COMPANY

(Exact name of registrant as specified in its charter)

 

 

 

TEXAS   000-16674   74-0704500

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

ONE IMPERIAL SQUARE

P. O. BOX 9

SUGAR LAND, TEXAS

   77487
(Address of principal executive offices)   (Zip Code)

(281) 491-9181

(Registrant’s telephone number, including area code)

 

 

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

Under the terms of the agreement relating to the Company’s 50% equity interest in Wholesome Sweeteners, Inc. (“Wholesome”), the Company has an option, exercisable until May 31, 2011, to acquire from its joint venture partner the remaining 50% of Wholesome’s equity. The Company has decided not to exercise the option, which will expire pursuant to its terms on such date.

The agreement provides that if, after the expiration of the option, a third party agrees to purchase 100% of Wholesome at or above a specified minimum price, subject to certain conditions, both the Company and its joint venture partner could be required to sell its 50% equity interest in Wholesome to such third party.

The Company expects to work with its joint venture partner in the manner contemplated by the agreement, but from time to time may enter into discussions with its joint venture partner regarding a possible negotiated sale or purchase of all or a portion of their respective equity interests in Wholesome. There is no assurance that any sale or purchase transaction involving Wholesome will occur.

SIGNATURE

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.

 

    IMPERIAL SUGAR COMPANY
Date: May 27, 2011   By:  

/s/ H. P. Mechler

    H. P. Mechler
    Senior Vice President and Chief Financial Officer