UNITED STATES
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
Date of Report
(Date of earliest event reported):
June 30, 1999
Eskimo Pie Corporation
(Exact Name of Registrant as specified in its Charter)
Virginia 0-19867 54-0571720
(State or other (Commission File Number) (IRS Employer Identification
jurisdiction of incorporation) No.)
901 Moorefield Park Drive
Richmond, Virginia 23236
(804) 560-8400
(Address, including zip code, and telephone number,
including area code, or registrant's
principal executive offices)
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Item 5. Other Events.
On June 30, 1999, Eskimo Pie Corporation (the "Company") issued the
press release attached hereto as Exhibit 99.1 and incorporated herein by
reference.
Item 7. Financial Statements and Exhibits.
(a) None
(b) Exhibits
Exhibit 99.1 Press Release dated June 30, 1999
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.
ESKIMO PIE CORPORATION
Date: July 8, 1999 By: /s/ Thomas M. Mishoe, Jr.
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Thomas M. Mishoe, Jr.
Chief Financial Officer,
Vice President, Secretary and
Treasurer
Exhibit 99.1
NEWS FROM:
ESKIMO PIE CORPORATION
901 Moorefield Park Drive Contact: William T. Berry, Jr.
Richmond, Virginia 23236 Telephone: (804)-560-8490
FOR IMMEDIATE RELEASE: June 30, 1999
ESKIMO PIE CORPORATION RECEIVES NOTICE FROM YOGEN FRUZ
Richmond, Virginia (NASDAQ NNM: EPIE) - Eskimo Pie Corporation stated
today that it has received notice from Yogen Fruz World-Wide Incorporated
indicating that Yogen Fruz intends to present certain shareholder proposals at
Eskimo Pie's Annual Meeting of Shareholders scheduled for September 8, 1999.
David B. Kewer, the Company's President and Chief Executive Officer, said the
items referenced in the Yogen Fruz notice included a slate of nominees for
Eskimo Pie's Board of Directors, consisting of seven persons presently
affiliated with or relatives of persons affiliated with Yogen Fruz, as well as
two other shareholder proposals. The other shareholder proposals, Kewer said,
would amend Eskimo Pie's by-laws to permit shareholders to call a special
meeting of shareholders and to amend or remove the Company's Shareholder Rights
Plan. Eskimo Pie will consider all proposals presented that promote the best
interests of the Company and its shareholders. The Company intends, however, to
oppose Yogen Fruz's attempt to acquire control of Eskimo Pie Corporation through
a proxy contest.
Eskimo Pie Corporation, headquartered in Richmond, Virginia, created the
frozen novelty industry in 1921 with the invention of the Eskimo Pie ice cream
bar. Today, the Company markets a broad range of frozen novelties, ice cream and
sorbet products under the Eskimo Pie, Real Fruit, Welch's, Weight Watchers Smart
Ones, SnackWell's and OREO brand names. These nationally branded products are
generally manufactured by a select group of licensed dairies who purchase the
necessary flavors ingredients and packaging directly from the Company. Eskimo
Pie Corporation also manufactures soft serve yogurt and premium ice cream
products for sale to the commercial foodservice industry. The Company also sells
a full line of quality flavors and ingredients for use in private label dairy
products in addition to the brands it licenses.