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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)
June 7, 1999
UNITED MAGAZINE COMPANY
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Ohio
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(STATE OR OTHER JURISDICTION OF INCORPORATION)
0-2675 31-0681050
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(COMMISSION FILE NUMBER) (IRS EMPLOYER IDENTIFICATION NUMBER)
5131 Post Road, Dublin, OH 43017
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
(614) 792-0777
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(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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Item 2. Disposition of Assets
On March 18, 1999, United Magazine Company and its subsidiaries
("UNIMAG" or the "Company") signed an Asset Purchase Agreement with Chas. Levy
Circulating Co., an Illinois general partnership, ("Levy") whereby UNIMAG would
sell substantially all of its wholesale operating assets to Levy in return for
cash and for the assumption by Levy of substantially all of the wholesale
operating liabilities of UNIMAG (the "Transaction").
On June 1, 1999 and June 7, 1999, Chas. Levy Circulating Co. and United
Magazine Company and its subsidiaries terminated the Asset Purchase Agreement by
and among Chas. Levy Circulating Co., United Magazine Company, The Stoll
Companies, Central News Co., The George R. Klein News Co., Michiana News
Service, Inc., Newspaper Sales, Inc. and Scherer Companies dated March 18, 1999
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.
UNITED MAGAZINE COMPANY
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(Registrant)
Date: July 9, 1999 By: /s/ John B. Calfee, Jr.
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John B. Calfee, Jr.
Chief Financial Officer
