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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
OCTOBER 7, 2003
Date of Report
(Date of earliest event reported)
P. H. GLATFELTER COMPANY
(Exact name of registrant as specified in its charter)
PENNSYLVANIA
(State or other jurisdiction of incorporation or organization)
1-3560 23-0628360
(Commission file number) (IRS Employer Identification No.)
96 SOUTH GEORGE STREET, SUITE 500
YORK, PENNSYLVANIA 17401 (717) 225-4711
(Address of principal executive offices) (Registrant's telephone number,
including area code)
N/A
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On October 7, 2003, P.H. Glatfelter, through a wholly-owned subsidiary
(collectively, the "Company") and Sussex County, a Political
Subdivision of the State of Delaware (the "Buyer"), entered into a
Contract of Sale under which the Company agreed to sell approximately
1,187 acres of timberland for cash consideration totaling $17.1
million, or approximately $14,400 per acre. The transaction is
expected to close in January 2004, subject to, among others, the
Buyer's completion of site usability evaluations. Upon closing, the
timberland sale is expected to result in a pre-tax gain of
approximately $16.9 million.
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.
P. H. Glatfelter Company
(Registrant)
Date: October 22, 2003 By: /s/ John C. van Roden, Jr.
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John C. van Roden, Jr.
Senior Vice President and
Chief Financial Officer