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)
October 8, 1998
LAKEVIEW FINANCIAL CORP.
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(Exact name of Registrant as specified in its Charter)
New Jersey 0-25106 22-334052
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(State or other jurisdiction (SEC File No.) (IRS Employer
of incorporation) Identification
Number)
1117 Main Street, Paterson, New Jersey 07503
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 973-890-1234
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Not Applicable
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(Former name or former address, if changed since last Report)
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INFORMATION TO BE INCLUDED IN REPORT
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Item 5. Other Events
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A copy of a press release issued October 8, 1998 by the Registrant is
attached hereto as Exhibit 99 and is incorporated herein by reference in its
entirety.
Item 7. Financial Statements, Pro Forma Financial Information and
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Exhibits
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Exhibit 99 -- Press Release Announcing Evaluation of Strategic
Alternatives dated October 8, 1998
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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.
LAKEVIEW FINANCIAL CORP.
Date: October 8, 1998 By: /s/Anthony G. Gallo
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Anthony G. Gallo
Vice President and Chief
Financial Officer
EXHIBIT 99
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LAKEVIEW FINANCIAL CORP. CONTACT: KEVIN J. COOGAN,
PATERSON, NEW JERSEY PRESIDENT & CEO
973-890-1234
LAKEVIEW FINANCIAL CORP.
ANNOUNCES EVALUATION OF STRATEGIC ALTERNATIVES
Lakeview Financial Corp., the holding company of Lakeview Savings Bank,
Paterson, New Jersey (the "Corporation") announced that the Corporation's Board
of Directors has been evaluating strategic alternatives in order to maximize
shareholder value. Included in the Corporation's strategic alternatives is a
possible sale of the Corporation; however, at this time, it is not possible to
determine whether the Corporation will receive any expressions of interest or,
if so, whether any such expressions of interest will be acceptable or result in
the Corporation entering into negotiations with any potential acquirer. The
Corporation has retained Sandler O'Neill & Partners, L.P. to assist in its
evaluation of its alternatives.
As a matter of policy, the Corporation does not intend to comment
publicly concerning any proposals that may be received or any possible
negotiations the Corporation may enter into in connection with any such
proposals until the Corporation determines that public disclosure would be
appropriate.