UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OF 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
October 5, 2000 (Date of earliest event reported)
UGLY DUCKLING CORPORATION
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 000-20841 86-0721358
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
2525 East Camelback Road, Suite 500, Phoenix, Arizona 85016
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (602) 852-6600
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
ITEM 5. OTHER EVENTS.
Attached hereto as Exhibit 99.1 is a copy of Ugly Duckling
Corporation's press release dated October 9, 2000 titled "Ugly Duckling Confirms
Receipt of Offer to Purchase Company from Chairman/Largest Shareholder" which
describes an offer made by Mr. Ernest C. Garcia II, Ugly Duckling's Chairman and
largest stockholder, to purchase all of the outstanding shares of common stock
of Ugly Duckling not already owned by Mr. Garcia.
Following announcement of the offer, five substantially similar
lawsuits were filed in Delaware state court against Ugly Duckling and its
directors on behalf of various purported plaintiffs alleging breach of fiduciary
duty, seeking class action status, and requesting that any transaction between
Ugly Duckling and Mr. Garcia be enjoined. Ugly Duckling will defend these
lawsuits if it is served with the complaints.
EXHIBIT
NO. DESCRIPTION
99.1 Ugly Duckling Corporation Press Release Dated October 9, 2000
Titled "Ugly Duckling Confirms Receipt of Offer to Purchase
Company from Chairman/Largest Shareholder."
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: October 9, 2000 UGLY DUCKLING CORPORATION
(Registrant)
By: /s/ JON D. EHLINGER
---------------------------
(Signature)
Jon D. Ehlinger
Secretary and General Counsel
