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) - April 22, 1998
FLORIDA PANTHERS HOLDINGS, INC.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-13173 65-0676005
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(State or Other Jurisdiction of (Commission (IRS Employer Identification No.)
Incorporation) File Number)
450 East Las Olas Boulevard, Fort Lauderdale, Florida 33301
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(Address of Principal Executive Offices) (Zip Code)
(954) 712-1300
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(Registrants Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
Item 5. Other Events.
On April 22, 1998, Florida Panthers Holdings, Inc. (the "Company") acquired
The Edgewater Beach Hotel pursuant to a contribution and exchange agreement,
dated as of March 31, 1998 (the "Contribution and Exchange Agreement"), by and
among the Company, certain of the Company's affiliates, Resort Properties of
Naples, Ltd., Resort Properties of Naples, Inc. and Perry E. Esping.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Financial Statements of Business Acquired
Not required.
(b) Pro Forma Financial Information
Not required.
(c) Exhibits
Exhibit No. Description
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99.1 Press release dated April 22, 1998
<PAGE>
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.
FLORIDA PANTHERS HOLDINGS, INC.
Date: April 23, 1998 By: WILLIAM M. PIERCE
William M. Pierce
Senior Vice President, Treasurer and
Chief Financial Officer
EXHIBIT 99.1
For Immediate Release
Contact: Stan Smith
(954) 627-5021
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FLORIDA PANTHERS HOLDINGS, INC. ACQUIRES
THE EDGEWATER BEACH HOTEL
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Fort Lauderdale, Florida (April 22, 1998) - Florida Panthers Holdings,
Inc. (NYSE:PAW) today announced that it has acquired the Edgewater Beach Hotel,
the only all-suite beach resort located in Naples, Florida, from Resort
Properties of Naples, Ltd., which is controlled by the Esping family of Dallas,
Texas.
The Edgewater's 126 suites are situated on a two-acre site and surround
a tropical courtyard located only a few steps from seven miles of pristine
beach. Amenities at the resort include a pool, a fitness center, three meeting
rooms and a penthouse gourmet restaurant. The property was recently featured in
Resorts and Great Hotels, Conde Nast Gold List and has consistently received
Mobile Travel Guide's Four Star Award and the American Automobile Associations
Four Diamond Award.
The Edgewater's traditional elegance and personalized service has made
it an exclusive retreat for its many loyal patrons since 1962 when it was built.
Its beachfront location and tradition make it an ideal compliment to the
Panther's Holdings' Registry Resort purchased in August 1997.
Florida Panthers Holdings, Inc. owns the Boca Raton Resort & Club, the
Registry Resort and Edgewater Beach Hotel in Naples, the Arizona Biltmore, the
Hyatt Regency Pier 66 Resort and Marina, the Radisson Bahia Mar Resort and
Yachting Center and the Rolling Hills Golf Club. The Company also owns the
Florida Panthers Hockey Club, the Arena Development and Arena Operating
Companies, the Incredible Ice Skating Rinks and an interest in the operations of
the Miami Arena.
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