-----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, SC5avKV2Lp1/2G0kszoBhiWg9mW7KUqmHkqYQkE4AlxK5oRhLUEd28Bja0mbiyK3 YzU1f5FDswf9ONOKS4JuoA== 0000938839-97-000012.txt : 19970929 0000938839-97-000012.hdr.sgml : 19970929 ACCESSION NUMBER: 0000938839-97-000012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970926 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19970926 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: BOISE CASCADE OFFICE PRODUCTS CORP CENTRAL INDEX KEY: 0000938839 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PAPER AND PAPER PRODUCTS [5110] IRS NUMBER: 820477390 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13662 FILM NUMBER: 97685863 BUSINESS ADDRESS: STREET 1: 800 WEST BRYN MAWR AVE CITY: ITASCA STATE: IL ZIP: 60143 BUSINESS PHONE: 7087735000 MAIL ADDRESS: STREET 1: 800 WEST BRYN MAWR AVE STREET 2: 1111 WEST JEFFERSON STREET CITY: ITASCA STATE: IL ZIP: 60143 8-K 1 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 Event Reported: September 25, 1997 Date of Report: September 26, 1997 Boise Cascade Office Products Corporation State of Commission IRS Employer Incorporation File Number Identification No. Delaware 1-13662 82-0477390 800 West Bryn Mawr Avenue Itasca, Illinois 60143 (630) 773 - 5000 ITEM 5. OTHER EVENTS. On September 25, 1997, Boise Cascade Office Products Corporation ("BOP")issued 2,250,000 shares of unregistered common stock, all of which was purchased by Boise Cascade Corporation ("BCC"). The transaction was completed at a price of $21.5495 per share, for a total of $48,486,375. The proceeds from the transaction will be used to reduce BOP's outstanding short-term borrowings. After the transaction, BCC owns 53,000,000 shares, or 81.3%, of BOP's outstanding common stock. If the shares had been issued on January 1, 1996, unaudited pro forma net income for the year ended December 31, 1996, would have increased to $57.1 million from $55.3 million and unaudited pro forma earnings per share for the same period would have decreased to $.88 from $.89. If the shares had been issued on January 1, 1997, unaudited pro forma net income for the six months ended June 30, 1997, would have increased to $27.5 million from $26.6 million and unaudited pro forma earnings per share for the same period would have remained $.42. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (a) Not applicable. (b) Not applicable. (c) Exhibits The exhibits to this Report are listed in the Exhibit Index. 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. BOISE CASCADE OFFICE PRODUCTS CORPORATION /s/ Darrell R. Elfeldt Darrell R. Elfeldt Vice President and Controller Date: September 26, 1997 Exhibit Index Exhibit No. Description Page 99 News Release Issued by BOP on September 26, 1997 EX-99 2 News Release 800 West Bryn Mawr Avenue Itasca, Illinois 60143-1594 Contact: Carla Pondel Investor Relations 630/775-4228 FOR IMMEDIATE RELEASE: September 26, 1997 BOISE CASCADE OFFICE PRODUCTS ISSUES EQUITY ITASCA, Illinois -- Boise Cascade Office Products Corporation (NYSE:BOP) announced today that it issued 2,250,000 shares of unregistered common stock to Boise Cascade Corporation (NYSE:BCC) on September 25. The shares were priced at $21.5495 each, for total proceeds of $48,486,375. The proceeds will be used to reduce BCOP's short-term borrowings and for general corporate purposes. Also, BOP has estimated that the recent UPS strike is expected to negatively impact the company's third quarter earnings by two to three cents per share. Boise Cascade Office Products Corporation, headquartered in Itasca, Illinois, is one of the world's premier business-to-business distributors of products for the office, with operations in Australia, Canada, France, Germany, the United Kingdom, and the United States. -----END PRIVACY-ENHANCED MESSAGE-----