SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) August 9, 2010
AMES TRUE TEMPER, INC.
(Exact Name of Registrant as Specified in its Charter)
465 Railroad Avenue
Camp Hill, Pennsylvania 17011
(Address of Principal Executive
Offices, including Zip Code)
(Registrants telephone number,
including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Item 2.01 Completion of Acquisition or Disposition of Assets.
On August 9, 2010, Ames True Temper Australia Pty Ltd (ATT Australia), a wholly-owned subsidiary of Ames True Temper, Inc. (the Company), completed the acquisition of certain assets from West Barrows Mix Pty Ltd (Westmix), an Australia-based manufacturer. The acquired assets consist principally of trade receivables, inventory, trade names and leases.
The consideration paid by ATT Australia for the assets of Westmix consisted of 14.05 million Australian dollars (approximately $12.7 million) in cash, subject to upward or downward working capital adjustments of up to $175,000 Australian dollars (approximately $159,000). ATT Australia funded the transaction from borrowings under the Companys revolving credit facility with Bank of America, N.A.
ATT Australias entry into a Call and Put Option to Purchase Business and Business Sale Agreement with Westmix and Michelangelo Cantone and Jewell Cantone relating to the transaction were previously reported in the Companys Current Report of Form 8-K filed with the Securities and Exchange Commission on July 6, 2010.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Business Acquired
The financial statements required by Item 9.01(a) of Form 8-K will be filed by amendment within 71 calendar days after the date this report on Form 8-K must be filed.
(b) Pro Forma Financial Information
The pro forma financial statements required by Item 9.01(b) of Form 8-K will be filed by amendment within 71 calendar days after the date this report on Form 8-K must be filed.
The following exhibits are furnished herewith:
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.