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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): December 8, 1999
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ESCALADE, INCORPORATED
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(Exact name of Registrant as specified in its charter)
INDIANA 0-6966 13-2739290
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(State of Other Jurisdiction (Commission (IRS Employer
Of Incorporation) File Number) I.D. No.)
Registrant's telephone number, including area code: (812) 467-1200
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NOT APPLICABLE
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(Former name or former address, if changed since last report)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On December 8, 1999 Escalade, Incorporated's ("Escalade")
wholly-owned subsidiary, Indian Industries, Inc. ("Indian"), acquired
substantially all of the assets of Zue Corporation ("Zue") for cash. Zue is a
manufacturer of high quality basketball systems located in Noblesville, Indiana.
Indian manufactures and sells a variety of sporting goods such as
table tennis tables and accessories, archery equipment, home pool tables and
accessories, combination bumper pool and card tables, game tables, basketball
backboards, goals, poles and portables, darts, and dart cabinets and is located
in Evansville, Indiana. The Zue product line will complement Indian's product
line. Zue's manufacturing operations will be relocated to Evansville, Indiana.
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The cost of the purchase was $7,969,672 and was financed by a term
loan facility with Bank One Indiana, N.A.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934,
Escalade, Incorporated has duly caused this report to be signed on its behalf in
Evansville, Indiana by the undersigned hereunto duly authorized.
ESCALADE, INCORPORATED
BY: John R. Wilson
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Vice President and
Chief Financial Officer
Date: December 22, 1999
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