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): February 27, 1998
J.B. Poindexter & Co., Inc.
(Exact Name of registrant as specified in its charter)
Delaware 33-75154 76-0312814
(State or other jurisdiction (Commission File (IRS Employer
of incorporation) Number) Identification Number)
1100 Louisiana, Suite 5400
Houston, Texas 77002
(Address of principal executive offices)
(713) 655-9800
(Registrant's telephone number)
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Item 5. Other Events.
Disposition of Assets. The Company is considering the possible sale of all or
part of the assets of its subsidiary Lowy Group Inc. An investment banking firm
has been retained to explore the possible sale of the Blue Ridge Carpet business
division of Lowy Group Inc. The Company has signed a non-binding letter of
intent to sell the assets of the Lowy Distribution Division of Lowy Group Inc.
Any sale is subject to many factors including terms considered satisfactory to
the management of the Company. No assurances can be made that these transactions
will occur and management does not undertake an obligation to make further
disclosure as to the status of these transactions.
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 thereto duly authorized.
J.B. Poindexter & Co., Inc.
By: Robert S. Whatley
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Name: Robert S. Whatley
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Title: Controller and Chief Accounting Officer
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Date: February 27,1998
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