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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 28, 2000
CROWN CENTRAL PETROLEUM CORPORATION
(Exact name of registrant as specified in its charter)
Maryland 1-1059 52-0550682
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
One North Charles Street
Baltimore, Maryland 21201
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(410)539-7400
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Item 5. Other Events
On September 28, 2000, Crown Central Petroleum Corporation (CNPa and CNPb
on the American Stock Exchange) granted Apex Oil Company's request for an
extension of time for Apex to present a definitive acquisition proposal.
Apex, a Missouri corporation that owns approximately 14.7% of Crown's
Class A common stock and 3.5% of Crown's Class B common stock, had previously
said that it has proposed to buy all of Crown's outstanding stock at a price
of $10.50 per share in cash in a tender offer. On August 24, 2000, Crown
announced that it had requested Apex to present to Crown by September 29, 2000
its definitive proposal to acquire all of Crown's stock for $10.50 per share
in a fully financed, all-cash unconditional tender offer.
Apex has requested an extension until October 31, 2000 to enable Apex to
continue and complete its due diligence in connection with its proposed
acquisition of Crown. The special committee of the Crown Board of Directors
has approved this extension.
Item 7(c) EXHIBITS
Exhibit No. Description
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99 Press Release dated September 28, 2000
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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 thereunto duly authorized.
CROWN CENTRAL PETROLEUM CORPORATION
(Registrant)
By: /s/ John E. Wheeler, Jr.
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Name: John E. Wheeler, Jr.
Title: Executive Vice President --
Chief Financial Officer
Dated: September 28, 2000
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EXHIBIT INDEX
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Exhibit No. Description
99 Press Release dated September 28, 2000
