SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 10, 1998
Apogee Enterprises, Inc.
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(Exact name of registrant as specified in its charter)
Commission File No. 0-6365
MINNESOTA 41-0919654
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(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
7900 Xerxes Avenue South, Suite 1800
Minneapolis, Minnesota 55431-1159
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(Address of principal executive offices)
(612) 835-1874
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(Registrant's telephone number, including area code)
Item 5. Other Events
On November 10, 1998, Apogee Enterprises, Inc. (the "Company") and
CompuDyne Corporation (the "Purchaser") signed a stock purchase agreement (the
"Purchase Agreement") pursuant to which Purchaser will acquire the Company's
detention and security business through the purchase of the stock of Norment
Industries, Inc. and Norshield Corporation, both wholly-owned subsidiaries of
the Company. The purchase price is $22.5 million subject to certain adjustments.
Closing of the transaction is subject to Hart-Scott-Rodino Act clearance and
other closing conditions specified in the Purchase Agreement.
Item 7. Financial Statements and Exhibits
(c) Exhibits
2.1 Stock Purchase Agreement dated November 10, 1998 between
Apogee Enterprises, Inc. and CompuDyne Corporation
99.1 Press Release dated November 10, 1998.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on their behalf by the
undersigned hereunto duly authorized.
APOGEE ENTERPRISES, INC.
Date: November 10, 1998 By:
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Robert G. Barbieri
Vice President Finance and
Chief Financial Officer