-----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, C2NNDilprKHOD/CZu8euozeOdPOO+aaspZOFjK9KByGO+B0yJjrPoKcBZynHRD+V P1yPL5G+YBhLbtpsB208Lg== 0000930413-04-002766.txt : 20040601 0000930413-04-002766.hdr.sgml : 20040531 20040601140556 ACCESSION NUMBER: 0000930413-04-002766 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040601 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHEFS INTERNATIONAL INC CENTRAL INDEX KEY: 0000201424 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 222058515 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-08513 FILM NUMBER: 04840749 BUSINESS ADDRESS: STREET 1: 62 BROADWAY STREET 2: PO BOX 1332 CITY: POINT PLEASANT BEACH STATE: NJ ZIP: 08742 BUSINESS PHONE: 7322950350 MAIL ADDRESS: STREET 1: 62 BROADWAY STREET 2: PO BOX 1332 CITY: POINT PLEASANT BEACH STATE: NJ ZIP: 08742 8-K 1 c32489_8-k.txt UNITED STATES 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) June 1, 2004 ------------ CHEFS INTERNATIONAL, INC. AND SUBSIDIARIES ------------------------------------------ (Exact name of registrant as specified in its charter) Delaware --------------------------------------------------- (State or other jurisdiction of incorporation) 0-8513 22-2058515 - ------------------------------------ ------------------------------------------ (Commission File Number) (IRS Employer Identification Number) 62 Broadway, Point Pleasant Beach, New Jersey 08742 - --------------------------------------------- ------------------------ (Address of principal executive office) (Zip Code) 732-295-0350 - -------------------------------------------------------------- (Registrant's telephone number, including area code) FORM 8-K June 1, 2004 CHEFS INTERNATIONAL, INC. ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE On June 1, 2004, Chefs International, Inc. issued a press release announcing that a Special Committee of its Board of Directors, appointed to evaluate a proposal made by the Lombardi Restaurant Group to effect a cash purchase of the interests of Chefs' minority stockholders, had unanimously determined to advise Chefs' board of directors that in the Committee's judgment, the proposed increased purchase price of $3.12 per share was fair to Chefs' minority stockholders. The Committee will recommend that the Board accept the proposal. In view of the fact that the proposal is subject to various conditions, no assurance can be given that the proposed purchase will be completed. The text of the press release is attached hereto as Exhibit 99.5 ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) EXHIBITS 99.5 Press Release issued by Chefs International, Inc. on June 1, 2004. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned thereunto duly authorized. CHEFS INTERNATIONAL, INC. ------------------------- (Registrant) Dated: June 1, 2004 By /s/ Anthony Papalia ------------ -------------------------------------- Anthony Papalia, President EX-99.5 2 c32489_ex99-5.txt Exhibit 99.5 CHEFS INTERNATIONAL'S SPECIAL COMMITTEE RECOMMENDS ACCEPTANCE OF OFFER TO PURCHASE COMMON STOCK OWNED BY MINORITY STOCKHOLDERS AT $3.12 PER SHARE FOR IMMEDIATE RELEASE - --------------------- POINT PLEASANT BEACH, NEW JERSEY, June 1, 2004 Chefs International, Inc. ("CHEFS"), owner of a restaurant chain and currently operating nine restaurants in New Jersey and Florida (shares traded on the OTC Bulletin Board under the symbol "CHEF"), announced today that the Special Committee of its Board of Directors, appointed to evaluate a proposal made by the Lombardi Restaurant Group (the "Lombardi Group") to effect a cash purchase of the interests of Chefs' minority stockholders, had unanimously determined to advise CHEFS' Board of Directors that in the Committee's judgment, the proposed increased purchase price of $3.12 per share was fair to CHEFS' minority stockholders and to recommend that the Board accept the proposal. The Lombardi Group proposal contemplates a merger pursuant to which a newly formed acquisition corporation would be merged with CHEFS and the CHEFS stockholders other than the Lombardi Group and their affiliates would receive a cash payment of $3.12 per share for their shares of CHEFS common stock. The proposal is subject to various conditions so that no assurances can be given that the proposed transaction will be completed. For confirmation: Contact Martin W. Fletcher, Controller (732) 295-0350 -----END PRIVACY-ENHANCED MESSAGE-----