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) March 7, 2007
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FRIENDLY ICE CREAM CORPORATION
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(Exact Name Of Registrant As Specified In Its Charter)
MASSACHUSETTS
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(State or Other Jurisdiction of Incorporation)
001-13579 04-2053130
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(Commission File Number) (I.R.S. Employer Identification No.)
1855 Boston Road, Wilbraham, MA 01095
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(Address of Principal Executive Offices) (Zip Code)
(413) 731-4000
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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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 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 Results of Operations and Financial Condition
On March 7, 2007, Friendly Ice Cream Corporation (the "Company") issued a press
release announcing selected financial results of the Company for the quarter and
full-year ended December 31, 2006, included herewith as Exhibit 99.1.
The information furnished in this Item 2.02 (including Exhibit 99.1) shall not
be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities
of that section, nor shall it be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended, except as expressly set forth by
specific reference in such a filing.
Item 7.01 Regulation FD
On March 7, 2007, the Company announced its engagement of Goldman Sachs & Co. to
assist the Board of Directors in exploring strategic alternatives to enhance
shareholder value. A copy of the press release is filed as Exhibit 99.2 to this
Current Report on Form 8-K and is incorporated herein by this reference.
The information furnished in this Item 7.01 (including Exhibit 99.2) shall not
be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise
subject to the liabilities of that section, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933 or the Exchange Act,
except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
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Exhibit Number Exhibit Description
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99.1 Friendly Ice Cream Corporation Press Release dated March
7, 2007 announcing financial results for the quarter and
full-year ended December 31, 2006.
99.2 Friendly Ice Cream Corporation Press Release dated March
7, 2007 announcing the engagement of Goldman Sachs & Co
to assist the Board of Directors in exploring strategic
alternatives to enhance shareholder value.
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SIGNATURE
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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.
Dated: March 7, 2007 FRIENDLY ICE CREAM CORPORATION
By: /s/ PAUL V. HOAGLAND
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Name: Paul V. Hoagland
Title: Executive Vice President of
Administration and Chief Financial
Officer
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Exhibit Number Exhibit Description
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99.1 Friendly Ice Cream Corporation Press Release dated March
7, 2007 announcing financial results for the quarter and
full-year ended December 31, 2006.
99.2 Friendly Ice Cream Corporation Press Release dated March
7, 2007 announcing the engagement of Goldman Sachs & Co
to assist the Board of Directors in exploring strategic
alternatives to enhance shareholder value.
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