-----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, HhfCmWHI7AgW4FXXzCzzbpc8DVexxdLgh/u8GKMfQuQ5hIylnODRnboeohqlaKpM 0YohA1vWi8MT9uvmfEWolA== 0000950147-01-500058.txt : 20010123 0000950147-01-500058.hdr.sgml : 20010123 ACCESSION NUMBER: 0000950147-01-500058 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010110 ITEM INFORMATION: FILED AS OF DATE: 20010111 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MICROAGE INC /DE/ CENTRAL INDEX KEY: 0000814249 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-COMPUTER & PERIPHERAL EQUIPMENT & SOFTWARE [5045] IRS NUMBER: 860321346 STATE OF INCORPORATION: DE FISCAL YEAR END: 1103 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-15995 FILM NUMBER: 1506745 BUSINESS ADDRESS: STREET 1: 2400 S MICROAGE WY MS8 CITY: TEMPE STATE: AZ ZIP: 85282 BUSINESS PHONE: 6023662000 MAIL ADDRESS: STREET 1: 2400 SOUTH MICROAGE WAY MS8 CITY: TEMPE STATE: AZ ZIP: 85282 8-K 1 e-6011.txt CURRENT REPORT DATED 1/10/2001 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): January 10, 2001 MICROAGE, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) DELAWARE 0-15995 86-0321346 - ---------------------------- ------------ ------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 1330 W. SOUTHERN AVENUE, TEMPE, ARIZONA 85282 --------------------------------------------------- (Address of principal executive offices) (Zip code) Registrant"s telephone number, including area code (480) 366-2000 -------------- Not applicable. -------------------------------------------------------------- (Former name or former address, if changed since last report.) ITEM 2. DISPOSITION OF ASSETS On January 10, 2001, MicroAge, Inc. ("MicroAge") and its wholly-owned subsidiary, MicroAge Technology Services, L.L.C. ("MTS") completed the sale to CompuCom Systems, Inc. ("CompuCom") of substantially all of the assets and business of MTS. The transaction was approved by the United States Bankruptcy Court for the District of Arizona pursuant to an order dated December 22, 2000. The assets of MTS purchased by CompuCom include field equipment, office leases, accounts receivable, inventory and customer service contracts. Proceeds to the MicroAge estate arising from the sale, in terms of direct cash consideration payable and assumption of liabilities, are anticipated to be approximately $85,000,000. Based on these proceeds and remaining assets in the estate and a review of outstanding unsecured creditors' claims against the estate, MicroAge believes that current asset and debt structures indicate that holders of MicroAge common stock will not receive distributions under any ultimate plan of reorganization or liquidation process. 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. MICROAGE, INC. Date: January 10, 2001 By: /s/ James H. Domaz ----------------------------------- James H. Domaz Vice President, Corporate Counsel and Secretary -----END PRIVACY-ENHANCED MESSAGE-----