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
Date of report (Date of earliest event reported) March 3, 1998
B&G Foods, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware [ ] 13-3916496
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(State or Other (Commission File (IRS Employer
Jurisdiction Number) Identification
Incorporation No.)
426 Eagle Rock Avenue, Roseland, New Jersey 07068
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (973) 228-2500
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events
On February 23, 1998, B&G Foods, Inc. (the "Company") received notice
from International Home Foods, Inc. ("IHF") that (i) IHF would not renew the
Amended and Restated Jams Manufacturing Agreement dated as of March 3, 1997
between Roseland Manufacturing, Inc., a subsidiary of the Company, and IHF after
its expiration on March 31, 1999, and (ii) IHF was terminating, effective March
31, 1999, the Sales and Distribution Agreement dated March 19, 1993 between
Roseland Distribution Company, successor in interest to DSD, Inc. and a
subsidiary of the Company, and M. Polaner, Inc., a subsidiary of IHF. Although
the Company has received no notice from IHF with respect to the Spices Supply
Agreement, dated as of March 19, 1993 between Bloch & Guggenheimer, Inc., a
subsidiary of the Company, and M. Polaner, Inc., the Company anticipates that
IHF will not renew such Spices Supply Agreement after its expiration on March
31, 1998.
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Not applicable
(b) Not applicable
(c) Exhibits.
20.1 Press Release, dated March 3, 1998, announcing (i) the
expiration of the Jams Manufacturing Agreement dated as of
March 3, 1997 between Roseland Manufacturing, Inc. and
International Home Foods, Inc. on March 31, 1997, and (ii)
the termination, effective March 31, 1999, of the Sales and
Distribution Agreement dated March 19, 1993 between Roseland
Distribution Company and M. Polaner, Inc.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
B&G FOODS, INC.
(Registrant)
Date: March 3, 1998 By: /s/ Robert C. Cantwell
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Name: Robert C. Cantwell
Title: Executive Vice President of Finance and
Chief Financial Officer
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EXHIBITS INDEX
Exhibit
Number Description Page
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20.1 Press Release, dated March 3, 1998, announcing
(i) the expiration of the Jams Manufacturing
Agreement dated as of March 3, 1997 between
Roseland Manufacturing, Inc. and International
Home Foods, Inc. on March 31, 1997, and (ii) the
termination, effective March 31, 1999, of the
Sales and Distribution Agreement dated March 19,
1993 between Roseland Distribution Company and M.
Polaner, Inc.
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Exhibit 20.1
FOR IMMEDIATE RELEASE
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B&G FOODS, INC.
Roseland, NJ, March 3, 1998
On February 23, 1998, B&G Foods, Inc. (the "Company") received notice
from International Home Foods, Inc. ("IHF") that (i) IHF would not renew the
Amended and Restated Jams Manufacturing Agreement dated as of March 3, 1997
between Roseland Manufacturing, Inc., a subsidiary of the Company, and IHF after
its expiration on March 31, 1999, and (ii) IHF was terminating, effective March
31, 1999, the Sales and Distribution Agreement dated March 19, 1993 between
Roseland Distribution Company, successor in interest to DSD, Inc. and a
subsidiary of the Company, and M. Polaner, Inc., a subsidiary of IHF. Although
the Company has received no notice from IHF with respect to the Spices Supply
Agreement, dated as of March 19, 1993 between Bloch & Guggenheimer, Inc., a
subsidiary of the Company, and M. Polaner, Inc., the Company anticipates that
IHF will not renew such Spices Supply Agreement after its expiration on March
31, 1998.
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