SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): February 13, 1998
H. F. Ahmanson & Company
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(Exact name of registrant as specified in charter)
Delaware 1-8930 95-0479700
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(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification No.)
4900 Rivergrade Road, Irwindale, California 91706
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (626) 960-6311
Not applicable
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(Former name or former address, if changed since last report)
<PAGE>
ITEM 5. OTHER EVENTS.
On February 13, 1998, H. F. Ahmanson & Company issued a press release
announcing that its acquisition of Coast Savings Financial, Inc., parent company
of Coast Federal Bank, was completed.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
99.1 Press release dated February 13, 1998.
<PAGE>
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.
Date: February 13, 1998
H. F. AHMANSON & COMPANY
/s/ Tim S. Glassett
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By: Tim S. Glassett
First Vice President and
Assistant General Counsel
<PAGE>
EXHIBIT INDEX
EXHIBIT
NO. DESCRIPTION
99.1 Press release dated February 13, 1998
FOR IMMEDIATE RELEASE CONTACTS:
- --------------------- Media: Mary Trigg
(626) 814-7922
Investor: Steve Swartz
(626) 814-7986
AHMANSON'S ACQUISITION OF COAST SAVINGS COMPLETED
IRWINDALE, CA, February 13, 1998 -- H. F. Ahmanson & Company (NYSE:AHM),
parent company of Home Savings of America, announced that its acquisition of
Coast Savings Financial, Inc. (NYSE:CSA), parent company of Coast Federal Bank,
was completed today. The combined company is California's third largest
financial institution serving more than two million households in California,
Texas and Florida.
"We welcome our new customers from Coast who will benefit from a wider
array of consumer banking products as well as the availability of a broad menu
of business banking products and services," said Ahmanson and Home Savings
Chairman and Chief Executive Officer Charles R. Rinehart.
"The combination of our two companies enhances Home Savings' already
strong competitive position in the California market," he added. "It also fits
directly into our strategy of being a full-service consumer and small business
bank and reflects our desire to build shareholder value."
The Office of Thrift Supervision and Coast Savings shareholders approved
the transaction yesterday.
The company said it expects to convert the Coast branches into Home
Savings branches in early March and has begun mailing packages to Coast
customers with information on Home Savings' products and services.
H. F. Ahmanson & Company is the parent company of Home Savings of America,
one of the nation's largest full-service consumer and small business banks with
407 branches in California, Texas and Florida.
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