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 7, 1997 (November 6, ----------------------------- 1997) - ----- MAUNA LOA MACADAMIA PARTNERS, L.P. ---------------------------------- (Exact name of registrant as specified in its charter) DELAWARE 1-9145 99-0248088 - ------------------------------- ------------ ------------------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 827 FORT STREET, HONOLULU, HAWAII 96813 - --------------------------------- ----- (Address of Principal Executive Offices) (Zip Code) 808-544-6112 ------------ Registrant's telephone number, including area code 1 Item 5. Other Events. - ------- ------------- On November 6, 1997, Mauna Loa Macadamia Partners, L.P. and C. Brewer Homes, Inc. jointly announced that they have reached an agreement in principal to merge the two companies. Under the terms of the agreement, shareholders of C. Brewer Homes, Inc. would receive .667 shares of Mauna Loa Macadamia Partners, L.P. for each share of C. Brewer Homes, Inc. The merger is expected to result in the issuance of approximately 5.56 million limited partner shares. The merger plan is subject to approval by the limited partners of the Partnership and the shareholders of C. Brewer Homes. The combined Company will be renamed "Hawaii Land and Farming Company." and will continue as a master limited partnership, trading on the New York Stock Exchange. The Letter Agreement of the proposed merger, dated November 6, 1997, and the Press Release, dated November 6, 1997, are included in this report as Exhibit 2.1 and Exhibit 99.1. Item 7. Exhibits - ------- -------- (c) Exhibits. 2.1 Letter Agreement and Term Sheet of proposed merger dated November 6, 1997 99.1 Press Release dated November 6, 1997 2 SIGNATURES 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 thereunto duly authorized. MAUNA LOA MACADAMIA PARTNERS, L.P. (Registrant) By MAUNA LOA RESOURCES INC. Managing General Partner By /s/ Gregory A. Sprecher ------------------------- GREGORY A. SPRECHER Senior Vice President and Chief Financial Officer EXHIBIT INDEX Exhibit Page Number Description Number ------- ----------- ------ 2.1 Letter Agreement and Term Sheet of proposed merger dated November 6, 1997 4-10 99.1 Press Release dated November 6, 1997 11-15 3