US FOODSERVICE/MD/
8-K, 1999-04-22
GROCERIES, GENERAL LINE
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<PAGE>
 
 
                      SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, DC 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): April 22, 1999

                               U.S. FOODSERVICE
              --------------------------------------------------
              (Exact Name of Registrant as Specified in Charter)

<TABLE> 
<S>                                   <C>                                <C> 
         Delaware                             0-24954                         52-1634568
- ----------------------------          ------------------------           --------------------
(State or Other Jurisdiction          (Commission File Number)              (IRS Employer
      of Incorporation                                                   Identification No.)
</TABLE> 

       9755 Patuxent Woods Drive Columbia, Maryland        21046 
     ---------------------------------------------------------------
        (Address of Principal Executive Offices)        (Zip Code)


      Registrant's telephone number, including area code: (410) 312-7100

         (Former name or former address, if changed since last report)

<PAGE>
 
ITEM 5. OTHER EVENTS.
 
        The registrant and The Bank of New York, as Rights Agent, have entered 
into Amendment No. 6 to Rights Agreement dated as of April 22, 1999. A copy of 
this amendment is filed pursuant to Item 7(c) below.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

     (c) Exhibits.

        4.1 Amendment No. 6 to Rights Agreement, dated as of April 22, 1999, 
between the registrant and The Bank of New York, as Rights Agent.


                                   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.


                                        U.S. Foodservice

                                        /s/ David M. Abramson
                                        ----------------------------
                                        David M. Abramson
                                        Executive Vice President and
                                        General Counsel
                                            
Date: April 22, 1999

                                       2


<PAGE>
 

                      AMENDMENT NO. 6 TO RIGHTS AGREEMENT

          This AMENDMENT, dated as of April 22, 1999, is between U.S.
FOODSERVICE, a Delaware corporation (the "Company"), and THE BANK OF NEW YORK
(the "Rights Agent").

                                    Recitals
                                    --------

          WHEREAS, the Company and the Rights Agent are parties to a Rights
Agreement dated as of February 19, 1996, as amended as of May 17, 1996,
September 26, 1996, June 30, 1997, December 23, 1997 and March 25, 1999 (the
"Rights Agreement");

          WHEREAS, certain transactions referred to in the Rights Agreement have
been consummated; and

          WHEREAS, pursuant to Section 27 of the Rights Agreement, the Board of
Directors of the Company has determined that an amendment and restatement of
Section 1(a) of the Rights Agreement and an amendment of Section 21 of the
Rights Agreement as set forth herein are necessary and desirable, and the
Company and the Rights Agent desire to evidence such amendments and such
restatement in writing;

          NOW, THEREFORE, the parties agree as follows:

          I.  Amendment and Restatement of Section 1(a).  Section 1(a) of the
              -----------------------------------------                      
Rights Agreement is hereby amended and restated to state in its entirety as
follows:

          "Acquiring Person" shall mean any Person (as such term is hereinafter
     defined) who or which, together with all Affiliates and Associates (as such
     terms are hereinafter defined) of such Person, shall be the Beneficial
     Owner (as such term is hereinafter defined) of 10% or more of the Common
     Shares of the Company then outstanding, but shall not include the Company,
     any Subsidiary (as such term is hereinafter defined) of the Company, any
     employee benefit plan of the Company or any Subsidiary of the Company, or
     any entity holding Common Shares for or pursuant to the terms of such plan.
     Notwithstanding the foregoing, no Person shall become an "Acquiring Person"
     as a result of an acquisition of Common Shares by the Company which, by
     reducing the number of shares outstanding, increases the proportionate
     number of shares beneficially owned by such Person to 10% or more of the
     Common Shares of the Company then outstanding; provided, however, that if a
                                                    --------  -------           
     Person shall become the Beneficial Owner of 10% or more of the Common
     Shares of the Company then outstanding by reason of share purchases by the
     Company and shall, after such share purchases by the Company, become the
     Beneficial Owner of any additional Common Shares of 


<PAGE>
 

     the Company other than in connection with a stock split, stock dividend or
     other similar transaction occurring after the date hereof, then such Person
     shall be deemed to be an "Acquiring Person." Notwithstanding the foregoing,
     if the Board of Directors of the Company determines in good faith that a
     Person who would otherwise be an "Acquiring Person," as defined pursuant to
     the foregoing provisions of this paragraph (a), has become such
     inadvertently, and such Person divests as promptly as practicable a
     sufficient number of Common Shares so that such Person would no longer be
     an "Acquiring Person," as defined pursuant to the foregoing provisions of
     this paragraph (a), then such Person shall not be deemed to be an
     "Acquiring Person" for any purposes of this Agreement. With respect to any
     Person that is a 13G Eligible Person, each reference to "10%" in this
     paragraph (a) shall be deemed to be a reference to "15%." Notwithstanding
     any provision in this Agreement to the contrary, none of Merrill Lynch,
     Pierce, Fenner & Smith Incorporated ("Merrill Lynch"), Merrill Lynch
     International, any ML Entity (as such term is hereinafter defined) or any
     ML Entity Affiliate (as such term is hereinafter defined) shall be deemed
     an Acquiring Person solely as the result of (a) the execution and delivery
     of the U.S. Purchase Agreement, dated March 25, 1999 (the "U.S. Purchase
     Agreement"), among the Company, the stockholders of the Company named in
     Schedule B thereto (the "Selling Stockholders") and Merrill Lynch, Goldman,
     Sachs & Co., Salomon Smith Barney Inc., J.C. Bradford & Co. and First Union
     Capital Markets Corp., as U.S. representatives of the several U.S.
     underwriters named therein, and the International Purchase Agreement, dated
     March 25, 1999 (the "International Purchase Agreement"), among the Company,
     the Selling Stockholders and Merrill Lynch International, Goldman Sachs
     International, Salomon Brothers International Limited and J.C. Bradford &
     Co., as lead managers of the several international managers named therein,
     or (b) the consummation of the transactions contemplated by the U.S.
     Purchase Agreement and the International Purchase Agreement (collectively,
     the "Purchase Agreements") or otherwise to be consummated in connection
     with the Purchase Agreements and the related U.S. and international
     offerings of Common Shares (the "Offerings"), including, without
     limitation, the acquisition by Merrill Lynch and Merrill Lynch
     International of beneficial ownership of Common Shares pursuant to the
     Purchase Agreements, in connection with stabilization transactions relating
     to the Offerings or in market-making transactions in the Common Shares. "ML
     Entity" shall mean any stockholder of Rykoff-Sexton, Inc. ("Rykoff-Sexton")
     that is identified as such in the Support Agreement, as amended and
     restated as of June 30, 1997, by and between the Company and such
     stockholders, and acknowledged by Rykoff-Sexton. "ML Entity Affiliate"
     shall mean any Person that is an "Affiliate" of an ML Entity, as such term
     is defined in the Standstill Agreement, dated as of May 17, 1996, by and
     between Rykoff-Sexton and the persons set forth on the signature pages
     thereto.




<PAGE>
 


          II.  Amendment of Section 21.  Section 21 of the Rights Agreement is
               -----------------------                                        
     hereby amended by adding to the end thereof the following sentence:

              "Anything in this Agreement to the contrary notwithstanding, the
               Company may appoint the transfer agent of the Common Shares as a
               successor Rights Agent."

          III.  Effectiveness.  This Amendment shall be deemed effective as of
                -------------                                                 
the date first written above, as if executed on such date.  Except as amended
hereby, the Rights Agreement shall remain in full force and effect and shall be
otherwise unaffected hereby.

          IV.  Miscellaneous.  This Amendment shall be deemed to be a contract
               -------------                                                  
made under the laws of the State of New York and for all purposes shall be
governed by and construed in accordance with the laws of such state applicable
to contracts to be  made and performed entirely within such state.  This
Amendment may be executed in any number of counterparts, each of such
counterparts shall for all purposes be deemed to be an original, and all such
counterparts shall together constitute but one and the same instrument.  If any
provision, covenant or restriction of this Amendment is held by a court of
competent jurisdiction or other authority to be invalid, illegal or
unenforceable, the remainder of the terms, provisions, covenants and
restrictions of this Amendment shall remain in full force and effect and shall
in no way be affected, impaired or invalidated.



<PAGE>
 
          IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be duly executed as of the day and year first above written.

                                    U.S. FOODSERVICE

                                           /s/   David M. Abramson
                                        ------------------------------
                                    Name:  David M. Abramson
                                    Title: Executive Vice President


                                    THE BANK OF NEW YORK


                                           /s/ Ralph Chianese
                                        --------------------------
                                    Name:  Ralph Chianese
                                    Title: Vice President






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