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
December 6, 2002
GRIFFIN LAND & NURSERIES, INC.
(Exact name of registrant as specified in charter)
Delaware 0-29288 06-0868496
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
One Rockefeller Plaza, New York, New York 10020
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (212) 218-7910
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Item 9. Regulation FD Disclosure
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Registrant's December 6, 2002 Press Release is attached hereto as
Exhibit 99.1 and incorporated by reference into this Item 9.
Exhibit 99.1: Registrant's December 6, 2002 Press Release
(attached hereto).
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.
GRIFFIN LAND & NURSERIES, INC.
/s/ Anthony J. Galici
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Anthony J. Galici
Vice President, Chief Financial Officer and
Secretary
Dated: December 6, 2002
NEWS FROM: Exhibit 99.1
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GRIFFIN LAND & NURSERIES, INC. CONTACT:
Anthony Galici
Chief Financial Officer
(860) 653-4541
GRIFFIN ANNOUNCES COMPLETION OF ITS PURCHASE OF TWO OFFICE BUILDINGS
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NEW YORK, NEW YORK (December 6, 2002) Griffin Land & Nurseries, Inc. (Nasdaq:
GRIF) ("Griffin")announced today that its real estate division, Griffin Land,
has completed the previously announced acquisition from USAA Real Estate Company
("USAA"), of USAA's 70% interest in two 80,000 square foot Class A office
buildings in Griffin Center, Windsor, Connecticut. Griffin Land previously held
a 30% interest in these buildings. Griffin has also entered into a commitment
with a bank for a permanent mortgage on these buildings. The mortgage is
expected to close later this month.
Griffin operates landscape nursery and real estate businesses and has an
approximate 35% equity investment in Centaur Communications, Ltd., a publishing
company based in the United Kingdom.
Forward-Looking Statements:
This Press Release includes "forward-looking statements" within the meaning
of Section 27A of the Securities Act and Section 21E of the exchange Act.
Although Griffin believes that its plans, intentions and expectations reflected
in such forward-looking statements are reasonable, it can give no assurance that
such plans, intentions or expectations will be achieved, particularly with
respect to completing the permanent financing on its two newly acquired
buildings. The projected information disclosed herein is based on assumptions
and estimates that, while considered reasonable by Griffin as of the date
hereof, are inherently subject to significant business, economic, competitive
and regulatory uncertainties and contingencies, many of which are beyond the
control of Griffin.