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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): November 18, 1996
RSI HOLDINGS, INC.
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(Exact name of registrant as specified in its charter)
North Carolina 0-18091 56-1200363
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
Post Office Box 6847
Greenville, SC 29606
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (864) 271-7171
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(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
On November 18, 1996, Wiegmann & Rose International Corp. ("Wiegmann &
Rose"), a wholly-owned subsidiary of RSI Holdings, Inc. (the "Company"), entered
into an agreement to settle a lawsuit brought by Triple A Machine Shop, Inc.
("Triple A") relating to environmental contamination on property formerly owned
by Wiegmann & Rose and sold to Triple A in 1987. Pursuant to the settlement
agreement, Wiegmann & Rose agreed to pay Triple A the sum of three hundred
thousand ($300,000.00) dollars in exchange for settlement of the lawsuit as well
as Triple A's release of Wiegmann & Rose and the Company from any further
liability to Triple A in connection with the property or under the agreement
made at the time of sale of the property.
The Settlement Agreement and Release is attached hereto as Exhibit 99.1.
and is incorporated herein by reference.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
99.1 Settlement Agreement and Release dated as of November
18, 1996 (omitting exhibit). The Company agrees to
furnish supplementally to the Commission upon its
request any omitted exhibit to this document.
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SIGNATURE
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.
RSI HOLDINGS, INC.
(Registrant)
By: /s/ Buck A. Mickel
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Name: Buck A. Mickel
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Title: Vice President
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Date: November 25, 1996
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