SECURITIES AND EXCHANGE COMMISSION Washington, DC 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 29, 2007 (May 24, 2007) PSB GROUP, INC. (Exact name of registrant as specified in its charter) Michigan 000-50301 42-1591104 (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.) 1800 East Twelve Mile Road, Madison Heights, Michigan 48071 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (248) 548-2900 Not Applicable (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 8.01 OTHER EVENTS On May 24, 2007, PSB Group, Inc. announced the Board of Directors' preliminary approval of a going private merger transaction and its intent to deregister as a public reporting company with the Securities and Exchange Commission. A copy of the press release is attached hereto as an exhibit and is incorporated herein by reference. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit Number 99.1 Press Release, dated May 24, 2007 issued by PSB Group, Inc. Page 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 hereunto duly authorized. PSB GROUP, INC. Dated: May 29, 2007 By: /s/ David A. Wilson ------------------------------------ David A. Wilson Chief Financial Officer Page 3 EXHIBIT INDEX Exhibit Number Description - ------- ----------- 99.1 Press Release, dated May 24, 2007 issued by PSB Group, Inc. Page 4