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EX-99.1 - EXHIBIT 99.1 PRESS RELEASE - INDUS REALTY TRUST, INC. | exhibit99-1.htm |
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
November
24, 2009
(Date of
earliest event reported)
GRIFFIN
LAND & NURSERIES, INC.
(Exact name of registrant as specified
in charter)
Delaware
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06-0868496
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(State
or other jurisdiction of incorporation or organization)
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(IRS
Employer Identification Number)
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Commission
File Number
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1-12879
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One
Rockefeller Plaza, New York, New York
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10020
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
Telephone Number including Area Code
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(212)
218-7910
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(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:
[
]
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
[
]
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
[
]
|
Pre-commencement
communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR
240.14d-2(b))
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[
]
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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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Item
8.01.
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Other
Events.
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On
November 24, 2009, Griffin Land & Nurseries, Inc. (“Griffin” or
“Registrant”) entered into two separate purchase agreements to acquire: (i) an
approximate 120,000 square foot industrial building in Breinigsville,
Pennsylvania; and (ii) an approximate 51 acre parcel of undeveloped land in
Lower Nazareth, Pennsylvania. The contracted purchase price of these
two acquisitions, before closing costs, is approximately $8.2
million. Closing on each of these acquisitions is subject to several
conditions, including the completion of due diligence on the properties to be
acquired. The closings are anticipated to take place in late December
2009 or January 2010. There is no guarantee that these acquisitions
will be completed under their current terms, or at all.
Attached
as Exhibit 99.1 to this Current Report is the Registrant’s November 25, 2009
press release announcing the signing of the two purchase
agreements.
Item
9.01.
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Financial
Statements and Exhibits.
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Exhibit 99.1: Registrant’s
November 25, 2009 Press Release (attached hereto).
Forward-Looking
Statements:
This
Current Report on Form 8-K includes “forward-looking statements” within the
meaning of Section 27A of the Securities Act and Section 21E of the Exchange
Act. Although Griffin believes that its plans, intentions and
expectations reflected in such forward-looking statements are reasonable, it can
give no assurance that such plans, intentions or expectations will be achieved,
including whether and when the transactions to purchase the industrial building
and undeveloped land in Pennsylvania currently under contract will
close. The projected information disclosed herein is based on
assumptions and estimates that, while considered reasonable by Griffin as of the
date hereof, are inherently subject to significant business, economic,
competitive and regulatory uncertainties and contingencies, many of which are
beyond the control of Griffin.
SIGNATURES
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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.
GRIFFIN
LAND & NURSERIES, INC.
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By:
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/s/
Anthony J. Galici
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Anthony
J. Galici
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Vice
President, Chief Financial Officer
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and
Secretary
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Dated: November
25, 2009
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