WINDY HILL PET FOOD CO INC
8-K, 1998-06-30
GRAIN MILL PRODUCTS
Previous: NUVEEN INVESTMENT TRUST II, 497, 1998-06-30
Next: SCIENTIFIC LEARNING CORP, 8-A12G, 1998-06-30



<PAGE>
 
================================================================================

                               UNITED STATES 
                     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): June 10, 1998



                      Commission file number: 333-30261

                      WINDY HILL PET FOOD COMPANY, INC.

           (Exact Name of Registrant as Specified in Its Charter)



              MINNESOTA                            41-0323270
              ---------                            ----------
   (State or Other Jurisdiction of      (IRS Employer Identification No.)
    Incorporation or Organization)


               Highwoods Plaza II, 103 Powell Court, Suite 200
                         Brentwood, Tennessee  37027
         (Address of Principal Executive Office, Including Zip Code)

                               (615) 373-7774
            (Registrant's Telephone Number, Including Area Code)


================================================================================


                                 Page 1 of 3
<PAGE>
 
Item 5.  Other Events
- ------   ------------

         Windy Hill Pet Food Company, Inc. ("Windy Hill") and its parent, 
Windy Hill Pet Food Holdings, Inc., entered into an Agreement and Plan of 
Merger, dated as of June 10, 1998, with DPC Acquisition Corp., pursuant to 
which Windy Hill Pet Food Holdings, Inc. will merge with DPC/WH MergeCo, Inc.,
a newly created subsidiary of DPC Acquisition Corp. The closing of the 
transaction will constitute a Change of Control under the Indenture (the 
"Indenture") relating to Windy Hill's $120,000,000 principal amount of 9 3/4% 
Senior Subordinated Notes due 2007 (the "Notes"). The Indenture requires Windy
Hill, in the event of a Change of Control in respect of which it has not 
elected to redeem the Notes, to repurchase any Notes that holders thereof 
desire to have repurchased at a purchase price in cash equal to 101% of the 
principal amount thereof plus accrued and unpaid interest, if any, to the date
of purchase.

Item 7.  Exhibits
- ------   --------

  99.1   Press release dated June 11, 1998.



                                 Page 2 of 3
<PAGE>
 
                                 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, hereunto duly authorized.


                                             WINDY HILL PET FOOD COMPANY, INC.



Date: June 30, 1998                          By /s/ Charles Dunleavy
                                                ----------------------------
                                                Charles Dunleavy
                                                Chief Financial Officer



03618.0025

                                 Page 3 of 3

<PAGE>
 
                                                                  EXHIBIT 99.1

                      Press Release dated June 11, 1998

DPC Acquisition Corp. ("DPCAC"), the corporate parent of Doane Products Company
("Doane"), and Windy Hill Pet Food Holdings, Inc. ("WH Holdings"), the 
corporate parent of Windy Hill Pet Food Company, Inc. ("Windy Hill"), jointly 
announced today that they have entered into a merger agreement whereby Windy 
Hill Holdings will become a wholly-owned subsidiary of DPCAC and a sister 
corporation to Doane. Doane and Windy Hill are both manufacturers of private 
label pet foods.

In the transaction, the shareholders of WH Holdings will receive common stock 
of DPCAC. Completion of the transaction is subject to certain conditions and 
approvals, including clearance under the Hart-Scott-Rodino Act.

DPCAC's principal investors include Summit Capital Inc., a Houston-based 
private investment firm, DLJ Merchant Banking Partners, L.P., an affiliate of 
Donaldson, Lufkin & Jenrette Securities Corporation, and Chase Capital 
Partners, an affiliate of The Chase Manhattan Corporation.

WH Holdings was organized by Dartford Partnership, a San Francisco-based firm 
that invests in and manages companies in the consumer food and beverage 
industries. Windy Hill's other principal investor is Bruckmann, Rosser, 
Sherrill & Co., L.P., a New York-based private equity investment firm with 
over $400 million in capital. Chase Securities, Inc. served as a financial 
adviser to Windy Hill on the transaction.



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission