CLOSURE OF REAL ESTATE TRANSACTION
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): September 26,
2006
DENNY’S
CORPORATION
(Exact
name of registrant as specified in its charter)
Delaware
|
0-18051
|
13-3487402
|
(State
or other jurisdiction of
|
Commission
File No.
|
(I.R.S.
Employer
|
Incorporation
or organization
|
|
Identification
No.)
|
203
East Main Street
Spartanburg,
South Carolina 29319-0001
(Address
of principal executive offices)
(Zip
Code)
(864)
597-8000
(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 obligations 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
On
Tuesday, September 26, 2006, Denny's Inc. and Denny's Realty, LLC, affiliated
entities of Denny's Corporation (“Denny's”), completed and closed the previously
announced transaction to sell to National Retail Properties, Inc. (NYSE:NNN),
a
real estate investment trust, certain of its franchisee-operated Denny's
restaurant properties. A total of 60 properties were included in the closing,
for a cash purchase price of approximately $62 million. The sale of up to
an
additional 6 properties may hereafter close, subject to certain conditions,
under the terms of the master purchase agreement for the transaction, a copy
of
which, along with the Company’s press release announcing the closing, is
attached as an exhibit to this Form 8-K.
Item
9.01 Financial Statements and Exhibits
(c)
Exhibits
*
Exhibit
2.1 -- Master Purchase Agreement and Escrow Instructions between
Denny’s, Inc.,
Denny’s Realty, LLC and National Retail Properties, Inc. dated September
8, 2006
Exhibit 99.1 -- Press
release issued by Denny's Corporation on September 28, 2006.
________
*
Attachments to this agreement have not been included with this exhibit, pursuant
to the provisions of Item 601(b)(2) of Regulation S-K, but will be furnished
supplementally to the Commission upon its request.
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.
|
Denny's
Corporation
|
|
|
|
|
|
|
Date:
September 28, 2006
|
|
|
F.
Mark Wolfinger
|
|
Senior
Vice President and
|
|
Chief
Financial Officer
|