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 EXCHANGE ACT OF 1934
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Date of report (Date of earliest event reported): June 11, 1998
Clearview Cinema Group, Inc.
(Exact name of registrant as specified in charter)
Delaware 001-13187 22-3338356
(State or other jurisdiction (Commission file number (IRS employer
of incorporation) number) identification no.)
97 Main Street 07928
Chatham, New Jersey (Zip code)
(Address of principal executive offices)
Registrant's telephone number, including
area code: (973) 377-4646
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Item 5. Other Events
The registrant's press release dated June 11, 1998 is filed herewith
and incorporated herein by reference.
Item 7. Financial Statements and Exhibits
(c) Exhibits. The following exhibit is filed as part of this Current Report
on Form 8-K:
Exhibit
Description No.
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Press release dated June 11, 1998 99.01
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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 thereunto duly authorized.
CLEARVIEW CINEMA GROUP, INC.
By:
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Name: A. Dale Mayo
Title: Chairman of the Board, President and
Chief Executive Officer
Date: June 15, 1998
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Exhibit Index
SEQUENTIAL
EXHIBIT NO. DOCUMENT PAGE NO.
99.01 Press Release dated June 11, 1998. 5
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FOR IMMEDIATE RELEASE
Contact:
John Halecky
Investor Relations
(973) 377-4646
(908) 242-6251
Clearview Cinema Group To Complete $80 Million Offering
CHATHAM, NEW JERSEY (JUNE 11, 1998)- - Clearview Cinema Group, Inc. (AMEX: CLV)
announced today that it will issue on Friday, June 12, $80 million of 10.875%
Senior Notes due 2008 to qualified institutional buyers, as defined in Rule 144A
under the U.S. Securities Act of 1933, as amended, or in offshore transactions
pursuant to Regulation S under that Act.
The Company intends to use the net proceeds to refinance existing indebtedness,
to redeem its Class B Preferred Stock, to fund a number of pending acquisitions
and a new theatre development, to pay the fees and expenses of the offering, and
for general corporate purposes.
The issuance of the Notes by Clearview will not be, and has not been, registered
under the Securities Act and the Notes may not be offered or sold in the United
States absent registration or applicable exemption from the registration
requirements of the Securities Act.
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