UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): February 13, 2008
LEUCADIA NATIONAL CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
NEW YORK
(State or Other Jurisdiction of Incorporation)
1-5721 13-2615557
(Commission File Number) (IRS Employer Identification No.)
315 PARK AVENUE SOUTH, NEW YORK, NEW YORK 10010
(Address of Principal Executive Offices) (Zip Code)
212-460-1900
(Registrant's Telephone Number, Including Area Code)
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:
|_| 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 2.01. Completion of Acquisition or Disposition of Assets.
As of February 13, 2008, Leucadia National Corporation ("Leucadia"),
through its subsidiary, Baldwin Enterprises, Inc., acquired voting power in
excess of 20% of the outstanding common stock (the "Common Stock") of
AmeriCredit Corp. ("AmeriCredit").
As more fully described in the Statement on Schedule 13D, as amended, with
respect to the Common Stock filed by Leucadia and the other reporting persons
named therein, Leucadia has voting power with respect to (i) an aggregate of
12,095,240 shares of Common Stock purchased in open market transactions, (ii) an
aggregate of 11,316,200 shares of Common Stock purchased from Jefferies &
Company, Inc. ("Jefferies") in a negotiated transaction based on market price,
(iii) an aggregate of 975,000 shares of Common Stock purchased from Ramius
Capital Advisors, L.L.C. ("Ramius") and its affiliates in a negotiated
transaction based on market price, and (iv) an aggregate of 1,025,000 shares of
Common Stock with respect to which Leucadia shares voting power with Ramius
pursuant to a voting and proxy agreement. The aggregate 24,386,440 shares of
Common Stock owned by Leucadia were acquired for aggregate consideration of
$309,288,672.
As previously disclosed by Leucadia, a subsidiary of Leucadia, and
Jefferies and certain of its affiliates, each own 50% of Jefferies High Yield
Holdings, LLC, and affiliates of Jefferies have provided investment banking
services to Leucadia. Leucadia owns an approximate 8% interest in Ramius and
also invests in certain funds managed by Ramius.
Leucadia will now account for its investment in AmeriCredit under the
equity method of accounting.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Business Acquired.
To be filed by amendment by May 1, 2008.
(b) Pro Forma Financial Information.
To be filed by amendment by May 1, 2008.
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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.
Date: February 15, 2008
LEUCADIA NATIONAL CORPORATION
/s/ Joseph A. Orlando
--------------------------------
Name: Joseph A. Orlando
Title: Vice President and Chief
Financial Officer
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