Exhibit Index at Page 3
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): May 5, 2000
GENESEE CORPORATION
(Exact Name of Registrant as Specified in Charter)
NEW YORK 0-1653 16-0445920
(State or other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
445 St. Paul Street, Rochester, New York 14605
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (716) 546-1030
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Item 5. Other Events.
Genesee Corporation issued a news release on May 5, 2000, which is
filed with this report as Exhibit 99.
Item 7. Exhibits.
An exhibit filed with this report is identified in the Exhibit Index
at Page 3.
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.
Genesee Corporation
Date: May 5, 2000 By /s/Mark W. Leunig
Mark W. Leunig, Vice President and Secretary
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EXHIBIT INDEX
Page
Exhibit 99 News Release Dated May 5, 2000 4
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FOR IMMEDIATE RELEASE CONTACT: Mark W. Leunig
Director of Investor Relations
(716) 263-9440
GENESEE CORPORATION RESPONDS TO RELEASE OF CONFIDENTIAL INCOME PROJECTIONS
ROCHESTER, NEW YORK, May 5, 2000 -- Genesee Corporation (NASDAQ/NMS:
GENBB) advised investors to disregard all of the net income and pre-tax profit
projections for its Genesee Brewing Company subsidiary that were referred to in
an article in today's Milwaukee Journal-Sentinel. The Corporation is responding
to a story that cited projections for Genesee Brewing Company that were provided
in confidence to the owners of City Brewing Company in January and February to
facilitate their efforts to obtain financing to acquire Genesee Brewing Company.
The Corporation stated that the information that appeared in the article was
taken out of context and that the income and profit projections are not
meaningful, except in relation to the detailed assumptions and underlying
analysis that supported them.
"The information reported in the Journal-Sentinel was prepared for
internal use only and was not intended for public disclosure," said Mark W.
Leunig, vice president and director of investor relations. "As a public company,
we felt compelled to respond to avoid any misunderstanding regarding the
progress we are making to improve Genesee Brewing Company's bottom line," said
Mr. Leunig. "The full extent of our progress will be readily apparent in June
when Genesee Corporation announces results for its fiscal year that ended last
week."
NOTE: Copies of Genesee Corporation press releases are available free of charge
by calling PRNewswire's Company News On Call at 800-758-5804, Extension 352775,
or on the Internet at http://www.prnewswire.com/cnoc.
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