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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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) April 19, 2005
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Duckwall-ALCO Stores, Inc.
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(Exact name of registrant as specified in its charter)
Kansas 0-20269 48-0201080
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(State or other (Commission File (IRS Employer
jurisdiction Number) Identification No.)
of incorporation)
401 Cottage, Abilene, KS 67410-2832
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (785) 263-3350
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(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 (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17
CFR 240.14a-12(b))
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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Section 1 - Registrant's Business and Operations
Item 1.01 Entry into a Material Definitive Agreement
On April 21, 2005, Duckwall-ALCO Stores, Inc. (the "Company") issued a
press release announcing that as of April 19, 2005 it entered into a memorandum
of understanding (the "Agreement") with Kathleen O. Macke, trustee of the
Kenneth A. Macke Revocable Trust ("KAM Trust"), pursuant to which the Company
agreed to purchase 399,362 shares of the Company's common stock, $.0001 par
value, from the KAM Trust for $18.00 per share (the "Transaction"). The
Agreement provides that the closing of the Transaction will occur by or before
April 22, 2005. A copy of the Agreement is attached hereto as Exhibit 10.1 and
incorporated by reference herein. A copy of the press release is attached hereto
as Exhibit 99.1.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description
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10.1 Memorandum of Understanding (Stock Purchase
Transaction) dated as of April 19, 2005,
between Duckwall-ALCO Stores, Inc. and Kathleen O.
Macke, trustee for the Kenneth A. Macke Revocable Trust
99.1 Press Release dated April 21, 2005
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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.
(Registrant)
Duckwall-ALCO Stores, Inc.
Date: April 21, 2005 By:/s/Richard A. Mansfield
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Name: Richard A. Mansfield
Title: Vice President - Finance
Chief Financial Officer