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):
May 16, 2003
Daisytek International Corporation
(Exact Name of Registrant as Specified in Charter)
Delaware | | 0-25400 | | 75-2421746 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
1025 Central Expressway South, Suite 200
Allen, Texas 75013
(Address of Principal Executive Offices, including zip code)
(972) 881-4700
(Registrant’s Telephone Number, including area code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
ITEM 3. BANKRUPTCY OR RECEIVERSHIP
On May 16, 2003, Daisytek International Corporation (the “Company”) issued a press release filed herewith as Exhibit 99.1, to announce that the boards of directors for U.K.-based ISA International plc and Daisytek Australia have each appointed a Voluntary Administrator to assume day-to-day management of the respective operations and that the Company has received a £4 million demand from GMAC Commercial Finance plc (“GMAC”) to satisfy certain obligations arising under a guarantee executed by the Company in favor of GMAC. To date, GMAC has not initiated proceedings to collect the guarantee.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
| (a) | | Financial statements of business acquired |
Not applicable
| (b) | | Pro forma financial information |
Not applicable
99.1 Press Release dated May 16, 2003.
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.
DAISYTEK INTERNATIONAL CORPORATION
By: /s/ ERIC T. LOGAN
Eric T. Logan
Interim Chief Financial Officer
Dated: May 21, 2003
Index to Exhibits
Exhibit Number
| | Description
|
|
99.1 | | Press Release dated May 16, 2003. |