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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: FEBRUARY 22, 2000
(Date of earliest event reported)
CALIFORNIA CULINARY ACADEMY, INC.
(Exact name of registrant as specified in its charter)
CALIFORNIA 0-21932 94-3042862
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
625 POLK STREET, SAN FRANCISCO, CALIFORNIA, 94102
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (415) 771-3536
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Item 5. OTHER EVENTS.
On February 22, 2000, the Registrant announced that its shareholders
approved the principal terms of a merger with Career Education Corporation.
The press release is attached hereto as Exhibit 99.1 and incorporated herein
by reference.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) EXHIBITS.
99.1 Press Release of the Registrant dated February 22, 2000.
SIGNATURE
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.
Dated: February 22, 2000.
CALIFORNIA CULINARY ACADEMY, INC.
By /s/ Charles E. White
------------------------------------
Charles E. White
Chief Financial Officer
(Principal Financial and Accounting Officer)
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Exhibit Index
To California Culinary Academy, Inc.
Current Report on Form 8-K dated February 22, 2000
Sequentially
Exhibit No. Exhibit Numbered Page
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99.1 Press Release dated February 22, 2000. 4
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE CONTACT: Chuck White
Chief Financial Officer
California Culinary Academy, Inc.
San Francisco, CA
415/292-8258
CALIFORNIA CULINARY ACADEMY ANNOUNCES
SHAREHOLDER APPROVAL OF MERGER
SAN FRANCISCO, Calif.--February 22, 2000--California Culinary Academy, Inc.
(NASDAQ:COOK) today announced that its shareholders have approved the
principal terms of a merger by which Career Education Corporation Career
Education Corporation (NASDAQ:(CECO)) would acquire all the shares of
California Culinary Academy for $5.25 per share in cash. Completion of the
acquisition is still subject to a number of conditions, including regulatory
approvals.
CCA also announced that its shareholders elected Ralph Brennan, James D.
Cockman, Bert P. Cutino, William Demar, Keith H. Keogh, Paul H. Prudhomme,
Leenie Ruben, and David Warnock as directors.
Currently operating out of its core campus in San Francisco and two College
of Food campuses in Salinas, Calif., and San Diego, the California Culinary
Academy is one of the largest culinary schools in the United States and an
internationally-known leader and innovator in the arts education.
The Company offers two fully accredited professional programs as well as
programs in continuing education, and vocational and consumer training. The
Company also provides contract training and consulting services for product
development and operations in the public and private sectors. Information on
the Company can be found on the Internet at http://www.baychef.com.
This news release contains certain forward-looking statements, including
statements concerning the Company's planned offering of notes and warrants.
Such statements are subject to risks and uncertainties that could cause the
Company's actual results to differ materially. Such risks and uncertainties
include but are not limited to the Company's ability to maintain and increase
its student enrollment, its ability to continue to meet the requirements for
participation in Title IV financial aid programs administered by the U.S.
Department of Education, competitive conditions and other factors described
in the Company's annual report on Form 10-KSB, and other reports filed by the
Company with the Securities and Exchange Commission. These forward-looking
statements speak only as of the date hereof. The Company disclaims any intent
or obligation to update these statements.
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