As filed with the Securities and Exchange Commission on August 19, 2003
UNITED STATES
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): August 15, 2003
METROMEDIA INTERNATIONAL GROUP, INC.
(Exact name of registrant as specified in its charter)
| Delaware (State or other jurisdiction of incorporation) |
1-5706 (Commission File Number) |
58-0971455 (IRS Employer Identification No.) |
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505 Park Avenue, 21st Floor, New York, New York (Address of principal executive offices) |
10022 (Zip Code) |
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Registrant's telephone number, including area code: (212) 527-3800 |
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Not applicable (Former name or former address, if changed since last report) |
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Item 5. Other Events and Regulation FD Disclosure
On August 15, 2003, the Company announced that it had finalized the post-closing audit process associated with the sale of Snapper, Inc. ("Snapper") and had reached agreements by which the Company will receive an additional $6.0 million in sale proceeds. The Company expects receipt of this final cash payment within the next few business days. With the receipt of the additional $6.0 million post-closing payment, the aggregate and final sale proceeds from the sale of Snapper will be $21.6 million. Snapper manufactures premium-priced power lawnmowers, garden tillers, snow throwers, utility vehicles and related parts and accessories.
The Company also announced that it had not filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2003 (the "Form 10-Q") with the United States Securities and Exchange Commission ("SEC"), but anticipates that the filing of the Form 10-Q will be made by no later than mid-September 2003.
The press release announcing these matters is attached as Exhibit 99.1 and is incorporated herein by reference.
Item 7. Financial Statements and Exhibits
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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.
| METROMEDIA INTERNATIONAL GROUP, INC. | |||
By: |
/s/ HAROLD F. PYLE, III Name: Harold F. Pyle, III Title: Senior Vice President Finance, Chief Financial Officer, Treasurer and Secretary |
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Date:
August 19, 2003
New York, New York
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| Exhibit |
Description |
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|---|---|---|
| 99.1 | Press Release of Metromedia International Group, Inc. dated August 15, 2003 |
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