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): November 4, 2010
EXCO RESOURCES, INC.
(Exact name of registrant as specified in its charter)
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| Texas | | 001-32743 | | 74-1492779 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
| | |
12377 Merit Drive
Suite 1700, LB 82
Dallas, Texas | | 75251 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (214) 368-2084
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):
| ¨ | 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)) |
On November 4, 2010, EXCO Resources, Inc. (the “Company”) issued a press release announcing that its Board of Directors has formed a special committee consisting of Vincent J. Cebula and Mark F. Mulhern to, among other things, evaluate and determine the Company’s response to the proposal made on October 29, 2010 by Douglas H. Miller, the Company’s Chairman and Chief Executive Officer, to purchase all of the outstanding shares of stock of the Company for a cash purchase price of $20.50 per share. A copy of this press release is filed as Exhibit 99.1 to this Current Report on Form 8-K.
The Board of Directors cautions the Company’s shareholders and others considering trading in its securities that the Board of Directors has only recently received the proposal and no decisions have been made by the Board of Directors or the Special Committee with respect to the proposal. There can be no assurance that any definitive offer will be made or accepted, that any agreement will be executed or that any transaction will be consummated.
(d) Exhibits
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Exhibit
No. | | Description of Exhibit |
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99.1 | | Press Release, dated November 4, 2010. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| EXCO RESOURCES, INC. |
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| By: | | /S/ J. DOUGLAS RAMSEY |
| | Name: | | J. Douglas Ramsey, Ph.D. |
| | Title: | | Vice President – Finance |
Date: November 4, 2010
EXHIBIT INDEX
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Exhibit No. | | Description of Exhibit |
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99.1 | | Press Release, dated November 4, 2010. |
