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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
The Securities Act of 1934
Date of Report (Date of earliest event reported) November 3, 1997
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EVENFLO & SPALDING HOLDINGS CORPORATION
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(Exact Name of Registrant as Specified in Its Charter)
DELAWARE 333-14569 59-2439656
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(State or Other Jurisdiction of Commission (I.R.S. Employer
Incorporation or Organization) File Number Identification No.)
601 South Harbour Island Boulevard, Suite 200, Tampa, Florida 33602-3141
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (813) 204-5200
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Item 5. Other Events.
Evenflo & Spalding Holdings Corporation announced on November 3, 1997, that it
has signed a letter of intent to acquire certain assets of the Ben Hogan Co.
primarily in exchange for common stock in Evenflo & Spalding Holdings
Corporation. A copy of the News Release is attached to this Form 8-K.
Evenflo & Spalding Holdings Corporation announced on November 6, 1997, that
George A. Dickerman has been named Chairman of the Board of Spalding Sports
Worldwide. Kevin T. Martin, President and Chief Operating Office of Evenflo &
Spalding Holdings Corporation, will become President of Spalding, succeeding Mr.
Dickerman in that position. In addition to his new post at Spalding, Mr. Martin
will continue to serve as President and Chief Operating Officer at Evenflo &
Spalding Holdings Corporation. A copy of the News Release is attached to this
Form 8-K.
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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, thereunto duly authorized.
Evenflo & Spalding Holdings Corporation
(Registrant)
Date: November 17, 1997 By: /s/ W. Michael Kipphut
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W. Michael Kipphut
Vice President and Treasurer
(a Principal Financial Officer and
authorized signatory)
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NEWS RELEASE
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601 S. Harbour Island Boulevard W. Michael Kipphut
P.O. Box 30101 Vice President
Tampa, FL 33630-3101
(813) 204-5200
EVENFLO(R) SPALDING(R) EVENFLO & SPALDING HOLDINGS CORPORATION
ANNOUNCES MANAGEMENT CHANGES
TAMPA, FLORIDA, NOVEMBER 6, 1997 -- Evenflo & Spalding Holdings Corporation
today announced the following changes to the senior management team of Spalding
Sports Worldwide.
George A. Dickerman, President of Spalding since 1976, has been named Chairman
of the Board, a new position. As Chairman, Mr. Dickerman will focus upon long-
term strategic direction; serve as a liaison to customers, and domestic and
international industry associations; and address other critical issues facing
the Company.
Kevin T. Martin, President and Chief Operating Officer of Evenflo & Spalding
Holdings Corporation, Spalding's parent company, will become President of
Spalding, succeeding Mr. Dickerman in that position. Mr. Martin joined Evenflo &
Spalding Holdings Corporation earlier this year from Brach & Brock Confections
where he served as President and Chief Executive Officer. In addition to his new
post at Spalding, Mr. Martin will continue to serve as President and Chief
Operating Officer of Evenflo & Spalding.
During the past 21 years, the Spalding Sports Worldwide management team, under
George Dickerman's leadership, has been consistently recognized as one of the
finest and most stable in the sporting goods industry," said Paul Whiting,
Chairman and Chief Executive Officer of Evenflo & Spalding Holdings Corporation.
"George's tenure has been marked by extraordinary growth and the Company is now
well-positioned as the premier full-line sporting goods company in the world."
"It had originally been George's intention to retire at this juncture of his
distinguished career, but we asked him to remain a part of the Spalding team to
ensure a seamless transition and so that we can continue to benefit from his
outstanding leadership and vast knowledge of the sporting goods industry. We are
pleased to have someone of Kevin Martin's caliber within our organization to
assume responsibility for Spalding's daily operations so that George can devote
more time to overall strategic issues, and to his family and outside interests."
Mr. Whiting added.
Evenflo & Spalding Holdings Corporation is a leading global manufacturer and
licensor of branded consumer products serving the golf, sporting goods, infant
and juvenile product markets under such well-known brand names as SPALDING,
TOP-FLITE, ETONIC, DUDLEY, EVENFLO, GERRY, and SNUGLI.
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NEWS RELEASE
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601 S. Harbour Island Boulevard W. Michael Kipphut
P.O. Box 30101 Vice President
Tampa, FL 33630-3101
(813) 204-5200
EVENFLO(R) SPALDING(R) EVENFLO & SPALDING HOLDINGS CORPORATION
Acquisition of Certain Assets of the
Ben Hogan Company
TAMPA, FLORIDA, NOVEMBER 3, 1997 -- Evenflo & Spalding Holdings Corporation, the
parent company of Spalding Sports Worldwide, a leading manufacturer and licensor
of golf products and other sporting goods, announced today that it has signed a
letter of intent to acquire certain assets of the Ben Hogan Company primarily
in exchange for stock in Evenflo & Spalding Holdings Corporation. The
transaction, the terms of which were not disclosed, is expected to close within
30 days.
Founded in 1953 by golfing legend Ben Hogan, the Company produces a wide range
of golf products, including clubs, balls and accessories. Hogan's products are
sold through on-course pro shops as well as selected off-course golf retailers.
Hogan's golf clubs are endorsed by Justin Leonard, winner of the 1997 British
Open, and Tom Kite, Captain of the U.S. Ryder Cup team.
Paul Whiting, Chief Executive Officer of Evenflo & Spalding Holdings
Corporation, said: "This acquisition reflects our commitment to grow our golf
business with quality products. We are excited to add the Ben Hogan name to the
Top-Flite golf family. Ben Hogan was one of the world's greatest golfers, and
the company he founded built a tradition of developing the finest products for
the premium golf market. We look forward to honoring his name by continuing
that tradition of quality and innovation."
Evenflo & Spalding Holdings Corporation is a leading global manufacturer and
licensor of branded consumer products serving the golf, sporting goods, infant
and juvenile product markets under such well-known brand names as SPALDING,
TOP-FLITE, ETONIC, DUDLEY, EVENFLO, GERRY, and SNUGLI brand names.
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