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): October 3, 2005
BRINKER INTERNATIONAL,
INC.
(Exact name of
registrant as specified in its charter)
Delaware |
1-10275 |
74-1914582 |
6820 LBJ Freeway
Dallas, Texas 75240
(Address of principal
executive offices)
Registrant's telephone number, including area code 972-980-9917
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)).
____ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)).
Item 8.01. Other Events
On October 3, 2005, the Company issued a Press Release announcing that it entered into an agreement for the sale of its Corner Bakery Cafe restaurant concept to CBC Restaurant Corporation, an affiliate of the private equity firm Bruckmann, Rosser, Sherill, & Co. LLC. The sale is expected to close by the end of the calendar year. A copy of the Press Release is attached hereto as Exhibit 99.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits.
99 Press Release, dated October 3, 2005.
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.
BRINKER INTERNATIONAL, INC. |
|
Date: October 3, 2005 |
By: /s/ Jay L. Tobin |
Jay L. Tobin, Senior Vice President, |
|
Deputy General Counsel and Assistant Secretary |
EXHIBIT 99
FOR IMMEDIATE RELEASE
Louis Adams - Brinker
International Michael
Mindel - Il Fornaio (America) Corp.
972/770-4967 415/945-4236
Brinker
International Reaches Asset Purchase Agreement
For
Sale of Corner Bakery Cafe
DALLAS, Oct. 3, 2005 -- Brinker International (NYSE: EAT) today announced it has reached a definitive asset purchase agreement for the sale of its Corner Bakery Cafe brand to CBC Restaurant Corp for an undisclosed price. CBC is affiliated with Il Fornaio (America) Corporation and Bruckmann, Rosser, Sherrill, & Co., LLC. BRS & Co. is a New York-based private equity firm with extensive experience in restaurant acquisitions. The sale is expected to close by the end of the calendar year.
Corner Bakery Cafe is a unit of Dallas-based Brinker International, a recognized leader in casual dining. With 92 restaurants operating in eight states and the District of Columbia, Corner Bakery Cafe offers a variety of gourmet sandwiches, soups, salads and pasta as well as a full breakfast menu. Additional Brinker restaurant brands include Chili's Grill & Bar, Romano's Macaroni Grill, On The Border Mexican Grill & Cantina and Maggiano's Little Italy.
Banc of America Securities, LLC served as Brinker's exclusive financial advisor for this transaction.
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