SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): February 4, 1999
Burlington Industries, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-10984 56-1584586
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
3330 West Friendly Avenue
Greensboro, North Carolina 27410
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number,
including area code: (336) 379-2000
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None
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(Former name or former address, if changed since last report.)
Item 5. Other Events.
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On December 3, 1997, the Board of Directors of Burlington Industries,
Inc. (the "Company") declared a distribution of one Right to Purchase Series A
Junior Participating Preferred Stock (each, a "Right", and collectively, the
"Rights") for each outstanding share of Common Stock, par value $.01 per share,
of the Company and for each outstanding share of Nonvoting Common Stock, par
value $.01 per share, of the Company. The Rights were previously registered with
the Securities and Exchange Commission on Form 8-A on December 4, 1997. The
description and terms of the Rights were set forth in the Rights Agreement dated
as of December 3, 1997 (the "Rights Agreement"), between the Company and
Wachovia Bank, N.A., as Rights Agent (the "Rights Agent").
On February 4, 1999, the Board of Directors of the Company
determined to amend the Rights Agreement and approved the Rights Agreement dated
as of December 3, 1997 (amended and restated as of February 4, 1999), between
the Company and the Rights Agent (the "Amended Rights Agreement"). The Amended
Rights Agreement was adopted to eliminate all "continuing director" provisions
from the Rights Agreement and to amend or remove certain related provisions. The
description and terms of the Rights are set forth in the Amended Rights
Agreement.
Item 7. Exhibits
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Exhibit No. Description
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4.1 Rights Agreement dated as of December 3, 1997 (amended and
restated as of February 4, 1999), between Burlington Industries,
Inc. and Wachovia Bank, N.A., as Rights Agent, filed as Exhibit
4.1 to the Amendment to Application or Report for Registration of
Certain Classes of Securities on Form 8-A/A by the registrant on
April 5, 1999, is incorporated herein by reference.
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, thereto duly authorized.
BURLINGTON INDUSTRIES, INC.
By: /s/ John D. Englar
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Name: John D. Englar
Title: Senior Vice President
Date: April 5, 1999
EXHIBIT INDEX
Exhibit
No. Description
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4.1 Rights Agreement dated as of December 3, 1997 (amended and
restated as of February 4, 1999), between Burlington Industries,
Inc. and Wachovia Bank, N.A., as Rights Agent, filed as Exhibit
4.1 to the Amendment to Application or Report for Registration of
Certain Classes of Securities on Form 8-A/A by the registrant on
April 5, 1999, is incorporated herein by reference.