FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 9, 2000 CROWN CENTRAL PETROLEUM CORPORATION (Exact name of registrant as specified in its charter) Maryland 1-1059 52-0550682 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) One North Charles Street Baltimore, Maryland 21201 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code:(410)539-7400 Item 5. Other Events Crown has received a proposal from Apex Oil Company, Inc., a Missouri corporation that owns approximately 15.4% of Crown's Class A common stock, to acquire all of the issued and outstanding Class A and Class B common stock held by shareholders other than Apex for a price of $9.20 per share. The proposal is by its terms subject to approval by the board of directors and shareholders of Crown, to necessary governmental approvals, and to Apex Oil Company's ability to conduct due diligence to verify that there are no material adverse developments which have not been disclosed in Crown's public filings. The proposal will expire at 5 p.m. on Friday March 17, 2000. Crown has referred the proposal to a board committee of its independent directors for their consideration. Item 7(c) EXHIBITS Exhibit No. Description - ----------- ---------- 99.1 Proposal received from Apex, by letter dated March 9, 2000 99.2 Press Release dated March 10, 2000 SIGNATURES 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 thereunto duly authorized. CROWN CENTRAL PETROLEUM CORPORATION (Registrant) By: /s/ John E. Wheeler, Jr. ------------------------ Name: John E. Wheeler, Jr. Title: Executive Vice President -- Chief Financial Officer Dated: March 10, 2000 EXHIBIT INDEX ------------- Exhibit No. Description 99.1 Proposal received from Apex, by letter dated March 9, 2000 99.2 Press Release dated March 10, 2000