0000950144-01-508429.txt : 20011119
0000950144-01-508429.hdr.sgml : 20011119
ACCESSION NUMBER: 0000950144-01-508429
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20011106
ITEM INFORMATION: Other events
ITEM INFORMATION: Financial statements and exhibits
FILED AS OF DATE: 20011106
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: ELLETT BROTHERS INC
CENTRAL INDEX KEY: 0000902055
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MISC DURABLE GOODS [5090]
IRS NUMBER: 570957069
STATE OF INCORPORATION: SC
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21632
FILM NUMBER: 1775922
BUSINESS ADDRESS:
STREET 1: 267 COLUMBIA AVE
CITY: CHAPIN
STATE: SC
ZIP: 29036
BUSINESS PHONE: 8033453751
MAIL ADDRESS:
STREET 1: P O BOX 128
CITY: CHAPIN
STATE: SC
ZIP: 29036
8-K
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g72502e8-k.txt
ELLETT BROTHERS, INC. FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) November 6, 2001
-----------------------------
Ellett Brothers, Inc.
----------------------------------------------------
(Exact Name of Registrant as Specified in Its Charter)
South Carolina 000-21632 57-0957069
-------------- --------- ----------
(State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification)
267 Columbia Avenue, Chapin, South Carolina 29036
----------------------------------------------------------
(Address, Including Zip Code of Principal Executive Offices)
(803) 345-3751
--------------------------------------------------
(Registrant's Telephone Number, Including Area Code)
N/A
-----------------------------------------------------------
(Former Name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS.
On November 6, 2001, the Company announced the approval by the
Company's shareholders of a cash-out merger between the Company and certain
corporations owned by members of the Company's management (the "Acquirers"). The
merger will result in a payment of $3.20 per share for all shares of the Company
not already owned by the Acquirers.
A copy of the News Release discussing these matters is attached hereto
as Exhibit 99.1 and incorporated by reference herein (page 3 of 3).
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) - (b) Not applicable.
(c) Exhibits.
Exhibit 99.1 - Press Release of Registrant dated November 6, 2001.
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.
ELLETT BROTHERS, INC.
Date: November 6, 2001 By: /s/ E. WAYNE GIBSON
---------------------------------
E. Wayne Gibson
Secretary
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EX-99.1
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g72502ex99-1.txt
PRESS RELEASE OF REGISTRANT DATED NOVEMBER 6,2001
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
FOR FURTHER INFORMATION, CONTACT:
GEORGE E. LONEY
CHIEF FINANCIAL OFFICER
(803) 345-3751
SHAREHOLDERS OF ELLETT BROTHERS, INC. APPROVE MERGER
CHAPIN, South Carolina-- Ellett Brothers, Inc. (NASDAQ: ELET) announced today
that the shareholders of the Company, at a special meeting of the shareholders
held on October 26, 2001, approved a merger between the Company and corporations
owned by Robert D. Gorham and E. Wayne Gibson (the "Acquirers"). Over 80% of the
outstanding shares of the Company voted in favor of the merger. Under the merger
agreement, all shares of the Company not owned by the Acquirers will be
converted into the right to receive $3.20 in cash per share. The merger is
expected to close as soon as possible.
Some information in this release regarding future results is forward looking.
Actual results for these future periods could differ, depending on factors such
as industry and market changes, overall economic impacts, and effects of
interest rate changes. For a more detailed discussion of factors that affect the
Company's operating results, interested parties should review the Company's SEC
reports, including the Company's annual report on Form 10-K for the year ended
December 31, 2000, and quarterly reports on Form 10-Q for the quarters ended in
2001.
Ellett Brothers is a nationwide marketer and supplier of natural outdoor
sporting goods products. Now in its 68th year of business, the Company markets
and distributes a broad line of products and accessories for hunting and
shooting sports, marine, camping, archery and other related outdoor activities.
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