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EX-99.1 - EX-99.1 - ACCURIDE CORPa10-24051_10ex99d1.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

 

Date of Report (Date of earliest event reported): January 31, 2011

 

ACCURIDE CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

001-32483

 

61-1109077

(State or Other Jurisdiction
of Incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

7140 Office Circle, Evansville, IN

 

47715

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (812) 962-5000

 

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):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)

 

 

 



 

Item 7.01.  Regulation FD Disclosure.

 

On January 31, 2011, Accuride Corporation (the “Company”) issued a press release announcing it has sold substantially all of the assets and business of its subsidiary, Bostrom Seating, Inc. (“Bostrom”), to a subsidiary of Commercial Vehicle Group, Inc. (“Buyer”), a copy of which is filed as Exhibit 99.1 hereto and incorporated by reference herein.  Pursuant to an Asset Purchase Agreement (the “Agreement”) between Bostrom and Buyer, Buyer purchased the acquired assets for a purchase price of $8,785,000 in cash, subject to a potential working capital adjustment, and assumed certain liabilities relating to the acquired business.  Of that cash purchase price, $1 million was placed into a one year escrow securing the indemnification obligations of Bostrom to the Buyer.

 

This information is furnished pursuant to Item 7.01 of this Form 8-K and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, unless the Company specifically incorporates it by reference in a document filed under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act.  By filing this Current Report on Form 8-K and furnishing this information, the Company makes no admission as to the materiality of any information in this report that is required to be disclosed solely by reason of Regulation FD.

 

Item 9.01.  Financial Statements and Exhibits.

 

(d) Exhibits

 

99.1                  Press release, dated January 31, 2011.

 

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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.

 

 

 

 

ACCURIDE CORPORATION

Date:

January 31, 2011

 

 

 

 

/s/ Stephen A. Martin

 

 

Stephen A. Martin

 

 

Senior Vice President / General Counsel

 

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