UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: April 9, 2001
FARM FAMILY HOLDINGS, INC.
A Delaware Corporation Commission File No. 1-11941 IRS No. 14-1789227
344 Route 9W, Glenmont, New York 12077-2910
Registrant's telephone number: (518) 431-5000
Item 5. Other Events
On April 5, 2001, American National Insurance Company and Farm Family Holdings,
Inc. issued a press release announcing that the New York State Insurance
Department has approved the acquisition of Farm Family by American National.
Item 7. Financial Statements and Exhibits
The following exhibits are filed as part of this report:
Exhibit Index
Exhibit 99 - Press Release
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.
FARM FAMILY HOLDINGS, INC.
(Registrant)
April 9, 2001 /s/ Phiip P. Weber
- -------------------------------- ---------------------------------------------
(Date) Philip P. Weber
President and CEO
News Release
Contacts:
Ronald J. Welch
Executive Vice President & Chief Actuary
American National Insurance Company
(409) 766-6494
Timothy A. Walsh
Executive Vice President,
Chief Financial Officer & Treasurer
Farm Family Holdings, Inc.
(518) 431-5410
American National and Farm Family Announce New York Insurance Department
Approval of Acquisition
Glenmont, New York - April 5, 2001 - American National Insurance Company
(NASDAQ: ANAT) ("American National") and Farm Family Holdings, Inc. (NYSE: FFH)
("Farm Family") today announced that the New York State Insurance Department
approved the acquisition of Farm Family by American National. With this
approval, the companies have now received all of the approvals they need to
complete the transaction. The closing of the transaction is scheduled for April
10, 2001.
As announced on October 31, 2000, under the terms of a definitive merger
agreement, American National will acquire Farm Family at a price of $44 per
share for Farm Family's common stock and $35.72 per share for Farm Family's
Series A Preferred Stock in cash. The consideration to be paid to the holders of
the Series A Preferred Stock will also include any accrued and unpaid dividends
to the closing date.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995:
This press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 that are based on managements'
current knowledge, expectations, estimates, beliefs and assumptions. The
forward-looking statements in this press release include, but are not limited
to, statements of the plans and objectives of each of American National and Farm
Family or their managements, statements of future economic performance and
assumptions underlying statements regarding American National and Farm Family or
their businesses. Readers are hereby cautioned that certain events or
circumstances could cause actual results to differ materially from those
estimated, projected, or predicted. The forward-looking statements in this press
release are not guarantees of future performance and are subject to a number of
important risks and uncertainties, many of which are outside American National's
and Farm Family's control, that could cause actual results to differ materially.
These risks and uncertainties include, but are not limited to, the satisfaction
of the closing conditions set forth in the merger agreement, the risk of a
significant delay in the expected completion of, or failure to close, the
merger, and other risks listed from time to time in Farm Family's Securities and
Exchange Commission filings, including Form 10-K for the fiscal year ended
December 31, 2000.