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, as amended
Date of Report: November 2, 2007
Date of earliest event reported: November 1, 2007
THE PEP BOYS—MANNY, MOE & JACK
(Exact Name of Registrant Specified in Charter)
Pennsylvania |
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| 23-0962915 |
(State or Other |
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| (IRS Employer |
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3111 W. Allegheny Ave. |
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Philadelphia, PA |
| 19132 | ||
(Address of Principal Executive Offices) |
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Registrant’s telephone, including area code: 215-430-9000 | ||||
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(not applicable) | ||||
(Former Name and 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):
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 8.01. Other Events.
On November 1, 2007, The Pep Boys — Manny, Moe & Jack (the “Company”) agreed to sell, subject to the satisfaction of certain closing conditions, 34 properties for an aggregate purchase price of $166.2 million.
Immediately following the consummation of such sales transaction, the Company intends to lease such properties back to be operated as Pep Boys stores, for a lease term of 15 years, with four 5-year options.
The Company expects to utilize the proceeds from the sale of such properties repay indebtedness.
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.
| /s/ THE PEP BOYS—MANNY, MOE & JACK |
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Date: November 1, 2007 |
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