REPUBLIC GROUP INC
8-K, 2000-11-09
PAPERBOARD MILLS
Previous: PUGET SOUND ENERGY INC, 10-Q, EX-27, 2000-11-09
Next: REPUBLIC GROUP INC, 8-K, EX-99.1, 2000-11-09



<PAGE>

================================================================================


                                 UNITED STATES

                      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): November 9, 2000

                          Republic Group Incorporated
            (Exact name of registrant as specified in its charter)



            Delaware                       1-7210               75-1155922
(State or other jurisdiction of   (Commission File Number)    (I.R.S. Employer
incorporation or organization)                               Identification No.)



                             811 East 30th Avenue
                         Hutchison, Kansas 67502-4341
                             (Address of principal
                               executive offices
                                 and zip code)

                                (316) 727-2700
                        (Registrant's telephone number,
                             including area code)

                         -----------------------------


<PAGE>

================================================================================

Item 1.   Change of Control

     Effective on November 9, 2000, Premier Construction Products Acquisition
Corp., a Delaware corporation ("Acquisition Sub"), merged with and into Republic
Group Incorporated, a Delaware corporation ("Republic"), with Republic surviving
the merger (the "Merger"), pursuant to an Agreement and Plan of Merger dated as
of August 11, 2000 among Premier Construction Products Statutory Trust, a
Connecticut statutory trust  ("Premier"), Acquisition Sub and Republic (the
"Merger Agreement").  As a result of the Merger, Republic is a wholly owned
subsidiary of the successor of Premier Construction Products, Inc., a Delaware
corporation.

     Pursuant to the Merger Agreement, each outstanding share of Republic common
stock, par value $1.00 per share ("Common Stock"), together with associated
common stock share purchase rights, issued and outstanding immediately prior to
the effective time of the Merger was converted into the right to $19.00 cash.
The consideration of the Merger was determined through negotiations between the
managements of Republic and Premier and was approved by Republic's board of
directors.  The terms of the Merger Agreement were described in the Proxy
Statement of Republic dated September 25, 2000, which was distributed to
Republic's stockholders and included in Republic's Schedule 14A filed with the
Commission on September 27, 2000.

     The stockholders of Republic approved the Merger and certain matters
related to the Merger at their special meeting held on November 9, 2000.

     On November 9, 2000, Republic  issued a press release announcing the
consummation of the Merger and related matters.  A copy of the press release is
attached as an exhibit hereto and is incorporated by reference herein.

     Premier financed the purchase price of the merger through borrowings from
Utrecht-America Finance Company.

Item 7.  Exhibits

         (c)  Exhibits

                 2.1    Agreement and Plan of Merger, dated as of August 11,
                        2000, among Premier Construction Products Statutory
                        Trust, Premier Construction Products Acquisition Corp.
                        and Republic Group Incorporated. (incorporated by
                        reference to Appendix A to the Proxy Statement included
                        as part of the Schedule 14A filed with the SEC on
                        September 27, 2000).

                 *99.1  Press Release issued by Republic Group Incorporated on
                        November 9, 2000.

___________________
* Filed herewith.



                                  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.
<PAGE>

                              Republic Group Incorporated


Date: November 9, 2000

                              By:    /s/ Michael Dirks
                                     -------------------------------
                                    Michael Dirks
                                    Vice President - Finance
<PAGE>

                                 EXHIBIT INDEX



        Exhibit No.                             Description
----------------------------   ------------------------------------------------

            2.1                Agreement and Plan of Merger, dated as of August
                               11, 2000, among Premier Construction Products
                               Statutory Trust, Premier Construction Products
                               Acquisition Corp. and Republic Group
                               Incorporated. (incorporated by reference to
                               Appendix A to the Proxy Statement included as
                               part of the Schedule 14A filed with the SEC on
                               September 27, 2000).


            *99.1              Press Release issued by Republic Group
                               Incorporated on November 9, 2000.












___________________
* Filed herewith.


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission