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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) MARCH 27, 1998
VLASIC FOODS INTERNATIONAL INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
NEW JERSEY
STATE OF INCORPORATION
1-13933
(COMMISSION FILE NUMBER)
52-2067518
I.R.S. EMPLOYER IDENTIFICATION NO.
CAMPBELL PLACE
CAMDEN, NEW JERSEY 08103-1799
PRINCIPAL EXECUTIVE OFFICES
TELEPHONE NUMBER: (609) 342-4800
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ITEM 5. OTHER EVENTS
On March 26, 1998, Vlasic Foods International Inc.'s parent
company, Campbell Soup Company, issued a press release announcing a special
after-tax charge of $253 million set for Campbell Soup Company's third quarter.
The press release contained the following disclosure with respect to Vlasic
Foods International Inc.:
EXCERPT FROM CAMPBELL SOUP COMPANY
MARCH 26, 1998 PRESS RELEASE:
SPINOFF OF VLASIC FOODS INTERNATIONAL
On March 30, Campbell will complete the spinoff of Vlasic
Foods International as a separate, publicly-owned company.
Part of the special charge approved by the board today will
cover transaction and restructuring costs. Restructuring
related to Vlasic Foods International accounts for $28 million
of the pre-tax charge.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, Vlasic Foiods International Inc. has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
VLASIC FOODS INTERNATIONAL INC.
By: /s/ Linda A. Lipscomb
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Linda A. Lipscomb
Secretary
Date: March 27, 1998
