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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): April 2, 2001
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U.S.A. Floral Products, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 000-23121 52-2030697
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(State of Incorporation) (Commission File Number) (IRS Employer
Identification Number)
1500 NW 95th Avenue, Miami FL 33712
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(Address of Principal Executive Offices) (Zip Code)
(305) 629-5153
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(Registrant's telephone number)
1025 Thomas Jefferson Street, NW, Suite 300 East Washington, DC 20007
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
On April 2, 2001 the Registrant filed a voluntary petition for relief
under Chapter 11 of the United States Bankruptcy Code in the United States
Bankruptcy Court for the District of Delaware. In addition, 16 of the
Registrant's subsidiaries, which, together with the Registrant, comprise its
domestic operating companies, also sought such relief. Pursuant to the Chapter
11 filing, the Registrant and each of these subsidiaries will continue to manage
their respective affairs as debtors-in-possession in accordance with the
applicable provision of the United States Bankruptcy Code. The Registrant
intends to undertake an orderly marshalling and liquidation of its assets for
the benefit of its creditors.
ITEM 5. OTHER EVENTS
(a) On April 2, 2001, the Registrant issued a press release connection
with the Chapter 11 filing described in Item 3 above. A copy of that press
release is attached as Exhibit 99.1 hereto.
(b) On April 2, 2001, the Registrant issued a press release announcing
that it had signed a letter of intent for the sale of all of its international
operating units to Deutsche Beteiligungs AG (DBAG). A copy of that press release
is attached as Exhibit 99.2 hereto.
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 hereunto duly authorized.
U.S.A. Floral Products, Inc.
Date: April 3, 2001 By:/s/ Michael W. Broomfield
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Michael W. Broomfield
Chief Executive Officer
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EXHIBIT INDEX
Exhibit Description
99.1 Registrant's Press Release dated April 2, 2001, regarding
Chapter 11 filing.
99.2 Registrant's Press Release dated April 2, 2001, announcing sale
of its international operations.