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 7, 2002
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FOODARAMA SUPERMARKETS, INC.
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(Exact name of registrant as specified in charter)
New Jersey 1-5745-1 21-0717108
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) file number) Identification No.)
Building 6, Suite 1, 922 Highway 33, Freehold, New Jersey 07728
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code:(732) 462-4700
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Item 5. Other Events
On May 7, 2002, Foodarama Supermarkets, Inc. (the "Company") issued a press
release stating that Wakefern Food Corporation ("Wakefern") had issued a
separate press release reporting that Wakefern had entered into an agreement
with Big V Supermarkets, Inc. ("Big V"), Fleet National Bank, as agent, the
official committee of the unsecured creditors, the unofficial committee of
holders of 11% Senior Subordinated Notes and Thomas H. Lee Partners, L.P. to
amend the terms under which Wakefern will purchase Big V and propose, jointly
with Big V, an amended plan of reorganization for Big V. The transaction is
subject to bankruptcy court review and approval. A copy of the press release is
being filed as an exhibit to this Current Report on Form 8-K.
Item 7. Financial Statement and Exhibits
(c) Exhibits.
Exhibit 20 Press Release
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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.
FOODARAMA SUPERMARKETS, INC.
(REGISTRANT)
By: /S/ Michael Shapiro
Michael Shapiro
Senior Vice President
Chief Financial Officer
Date: May 17, 2002
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EXHIBIT 20
CONTACT: Michael Shapiro
Senior Vice President
Chief Financial Officer
(732) 294-2270
FOR IMMEDIATE RELEASE
FOODARAMA SUPERMARKETS, INC.
Freehold, N.J., May 7, 2002 - Foodarama Supermarkets, Inc. (ASE-FSM) (the
"Company" or "Foodarama") announced today that, in a separate press release,
Wakefern Food Corporation ("Wakefern") reported that it has entered into an
agreement with Big V Supermarkets, Inc. ("Big V"), Fleet National Bank, as
agent, the official committee of the unsecured creditors, the unofficial
committee of holders of 11% Senior Subordinated Notes and Thomas H. Lee
Partners, L.P. to amend the terms under which Wakefern will purchase Big V and
propose, jointly with Big V, an amended plan of reorganization for Big V.
Wakefern reported that the purchase price, including cash and assumption of
certain secured debt and capital leases will not be less than $185 million and
will include the contribution of a portion of Wakefern's recovery as an
unsecured creditor of Big V. Big V filed for bankruptcy protection in November
2000. The transaction with Wakefern is subject to bankruptcy court review and
approval. Additional information regarding the transaction is contained in
Wakefern's press release dated May 3, 2002.
Foodarama and Big V are members of the Wakefern cooperative, which
furnishes distribution, marketing and back office support to its members. It is
not possible to predict at this time what effect the reported agreement will
have on Foodarama.
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Certain information included in this press release and other Company filings
(collectively, the "SEC filings") under the Securities Act of 1933, as amended,
and the Securities Exchange Act of 1934, as amended (as well as information
communicated orally or in writing between the dates of such SEC filings)
contains or may contain forward looking information that is subject to certain
risks, trends, and uncertainties that could cause actual results to differ
materially from expected results.
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