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) November 8, 2004
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AMERICAN BILTRITE INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 04-1701350 04-1701350
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(State or other (Commission File (IRS Employer
jurisdiction of No.) Identification No.)
Incorporation)
57 River Street, Wellesley Hills, Massachusetts 02481-2097
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(Address of principal executive offices, including zip code)
(781) 237-6655
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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:
|_| 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 8.01 Other Events.
On November 8, 2004, American Biltrite Inc.'s majority-owned subsidiary
Congoleum Corporation filed a modified plan of reorganization and related
documents with the Bankruptcy Court. The modifications were negotiated with
representatives of the Asbestos Creditors' Committee, the Future Claimants
representative, and other asbestos claimant representatives. A hearing to
consider approval of the proposed disclosure statement and plan voting
procedures has been scheduled for December 9, 2004. Copies of the Third Modified
Joint Plan of Reorganization Under Chapter 11 of the Bankruptcy Code of
Congoleum Corporation, et al., dated as of November 8, 2004, and proposed
Disclosure Statement are attached hereto as Exhibits 99.1 and 99.2,
respectively, and are incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
Exhibit
Number Description
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99.1 Third Modified Joint Plan of Reorganization Under
Chapter 11 of the Bankruptcy Code of Congoleum
Corporation, et al., dated as of November 8, 2004
99.2 Proposed Disclosure Statement with respect to the
Third Modified Joint Plan of Reorganization Under
Chapter 11 of the Bankruptcy Code of Congoleum
Corporation, et al., dated as of November 8, 2004
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: November 10, 2004 AMERICAN BILTRITE INC.
By: /s/ Howard N. Feist III
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Name: Howard N. Feist III
Title: Chief Financial Officer
EXHIBIT INDEX
Exhibit
Number Description
99.1 Third Modified Joint Plan of Reorganization Under
Chapter 11 of the Bankruptcy Code of Congoleum
Corporation, et al., dated as of November 8, 2004
99.2 Proposed Disclosure Statement with respect to the
Third Modified Joint Plan of Reorganization Under
Chapter 11 of the Bankruptcy Code of Congoleum
Corporation, et al., dated as of November 8, 2004