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): June 14, 2000
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BARNES & NOBLE, INC.
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(Exact name of Registrant as Specified in its Charter)
Delaware
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(State or other Jurisdiction of Incorporation)
1-12302 06-1196501
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(Commission File Number) (IRS Employer Identification No.)
122 Fifth Avenue, New York, NY 10011
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code 212-633-3300
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Not Applicable
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(Former Name or Former Address, if Changed Since Last Report )
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Exhibit Index appears on page 4 hereof.
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Item 5. Other Events.
On May 4, 2000, Barnes & Noble, Inc. (the "Company") and B&N Acquistion
Corporation , a wholly-owned indirect subsidiary of the Company (the
"Purchaser"), executed a definitive merger agreement (the "Merger Agreement")
providing for the acquisition of Funco, Inc., a Minneapolis-based electronic
games retailer ("Funco"), for approximately $161.5 million.
Pursuant to the terms of the Merger Agreement, on May 16, 2000, the Purchaser
commenced a cash tender offer (the "Offer") for all outstanding shares of
common stock of Funco (the "Shares") for $24.75 per share. The Offer
expired, as scheduled, on Tuesday, June 13, 2000 at 12:00 midnight, New York
City time. On June 14, 2000, the Offer was completed and the Purchaser
accepted for payment approximately 98% of the outstanding Shares of Funco.
Following the completion of the Offer, on June 16, 2000, Purchaser merged
with and into Funco, with Funco surviving as a wholly-owned indirect
subsidiary of the Company (the "Merger"). In the Merger, those shareholders
of Funco who did not tender their Shares (other than the Company and its
subsidiaries and shareholders exercising dissenters' rights) were entitled to
receive the same price per Share that was offered in the Offer for each Share
held by them.
The terms and conditions of the acquisition (including the Offer and the
Merger) are more fully described in the Merger Agreement, which is
incorporated by reference as Exhibit 2.1 to the Company's Report on Form 8-K
filed on May 10, 2000.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
2.1 Agreement and Plan of Merger, dated as of May 4, 2000, by and
among Funco, Inc., Barnes & Noble, Inc. and B&N Acquisition
Corporation (incorporated by reference to the Report on Form
8-K of Company filed on May 10, 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 thereunto duly authorized.
BARNES & NOBLE, INC.
(Registrant)
By:/s/ Maureen O'Connell
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Name: Maureen O'Connell
Title: Chief Financial Officer
Date: June 23, 2000
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EXHIBIT INDEX
EXHIBIT NO.
2.1 Agreement and Plan of Merger, dated as of May 4, 2000, by and
among Funco, Inc., Barnes & Noble, Inc. and B&N Acquisition
Corporation (incorporated by reference to the Report on Form 8-K of
Company filed on May 10, 2000)
