- Current report filing (8-K)
June 16 2009 - 11:08AM
Edgar (US Regulatory)
UNITED STATES
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)
June 16,
2009
Champion
Industries, Inc.
(Exact
Name of Registrant as Specified in Its Charter)
West
Virginia
(State or
Other Jurisdiction of Incorporation)
0-21084
55-0717455
(Commission
File
No.) (IRS
Employer Identification No.)
2450 First Avenue
P. O. Box 2968
Huntington, West
Virginia
25728
(Address of Principal
Executive
Offices)
(Zip
Code)
(304)
528-2700
(Registrant's
Telephone Number, Including Area Code)
Not
Applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions
(see
General
Instruction A.2. below):
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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INFORMATION
TO BE INCLUDED IN THE REPORT
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Item 1.01
Entry into a Material Definitive Agreement
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Syscan
Corporation ("Syscan"), a wholly owned subsidiary of Champion Industries,
Inc. ("Champion"), is lessee under a lease dated September 1, 2004, from
Williams Land Corporation ("Williams Land"), lessor, of land and
building at 3000 Washington Street, Charleston, West Virginia
(the "Property"). The lease was filed as Exhibit 10.3 to Form 8-K filed by
Champion with the Securities and Exchange Commission on September 10,
2004. The lease provides that the lessee has the option to purchase the
Property for the sum of $1.5 million at the end of the lease term on
September 1, 2009, and that if the option to purchase is not exercised,
lessor has the option to require the lessee to purchase the Property for
$1.5 million.
On June 16, 2009 Syscan
notified Williams Land that it has exercised its option to purchase the
Property. Under the terms of the lease, consummation of the Property
purchase is to occur within 45 days after August 31, 2009, and is subject
to satisfaction of all terms and conditions of the
lease.
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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 hereunto duly
authorized.
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CHAMPION
INDUSTRIES, INC.
(Registrant)
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Date: June
16, 2009
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/s/
Todd R. Fry
Todd
R. Fry, Senior Vice President
and
Chief Financial Officer
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