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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15 (D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JANUARY 12, 2001
AVATEX CORPORATION
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE
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(STATE OR OTHER JURISDICTION OF INCORPORATION)
1-8549 25-1425889
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(COMMISSION FILE NUMBER) (I.R.S. EMPLOYER IDENTIFICATION NO.)
5910 N. CENTRAL EXPRESSWAY, SUITE #1780
DALLAS, TEXAS 75206
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
214-365-7450
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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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Page 1 of 5
Exhibit Index on Page 3
64935.0001
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Item 5. Other Events
On January 12, 2001, Avatex Corporation ("Avatex") announced its
response to an unsolicited tender offer made by Edgewater Partners LP
("Edgewater") to purchase 6.75% Notes due December 7, 2002 (the "Notes") issued
by Avatex's wholly-owned subsidiary, Avatex Funding, Inc. In its response,
Avatex stated, among other things, that (i) Edgewater did not inform Avatex of
the tender offer, (ii) Avatex is not taking a position on the adequacy of the
offer to noteholders or whether the offer is being made in accordance with
federal law, (iii) Avatex is not aware of any terms or conditions of the offer
other than its price of 40% of the principal amount of the 6.75% Notes, and (iv)
it does not appear that Edgewater made any efforts to disseminate its offer
beyond sending it to the Depository Trust Company. Avatex also stated that it
has purchased Notes in the open market since April 2000 at an average price of
approximately 60% of the principal amount of the Notes.
Reference is hereby made to the Press Release, dated January 12,
2001, which is attached hereto as Exhibit 99 and incorporated herein by
reference.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99 Press Release dated January 12, 2001, issued by
Avatex Corporation.
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.
AVATEX CORPORATION
(Registrant)
By: /s/ Robert H. Stone
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Robert H. Stone
Vice President, General
Counsel and Secretary
Page 2 of 5
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EXHIBIT INDEX
EXHIBIT NO.
99 Press Release dated January 12, 2001, issued by
Avatex Corporation.
Page 3 of 5
