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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): April 1, 1998
SUNBELT NURSERY GROUP, INC.
(Exact name of registrant as specified in charter)
Delaware
(State or other jurisdiction
of incorporation or organization)
Commission File Number: 1-9031
75-1932993
(I.R.S. employer identification no.)
32382 Del Obispo Street
San Juan Capistrano, California 92675
(Address of principal executive
offices, including zip code)
(714) 248-3811
(Registrant's telephone number,
including area code)
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Item 3. Bankruptcy or Receivership
On April 1, 1998 the Company announced that it had filed for protection from its
creditors under Chapter 11 of the U.S. Bankruptcy Code as of that date. The
filing was made in the U.S. Bankruptcy Court in the Central District of
California. The Company is expected to continue to operate during the
reorganization process for the immediate future. Management intends to consider
all available alternatives for the Company, including strategic sales of assets
to create a viable core business as well as liquidation scenarios.
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, thereto duly authorized.
SUNBELT NURSERY GROUP, INC.
By: /s/ TIMOTHY R. DUOOS
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Timothy R. Duoos
Chairman of the Board
President and Chief Executive Officer
Date: April 10, 1998
