--------------------------------------------------------------------------------
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) October 15, 2004
VIDEO DISPLAY CORPORATION
(Exact name of registrant as specified in its charter)
--------------------------------------------------------------------------------
Georgia 0-13394 58-1217564
--------------------------------------------------------------------------------
(State or other jurisdiction (Commission (IRS Employer
--------------------------------------------------------------------------------
Of incorporation File Number) Identification)
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
1868 Tucker Industrial Drive., Tucker, GA 30084
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (770) 938-2080
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
ITEM 2.01 COMPLETION OF ACQUISITION
-------------------------
On October 14, 2004, the Company announced it had finalized and completed its
Asset Purchase Agreement with Evans & Sutherland (E&S) to purchase from E&S its'
ESCP(R) and Targetview CRT projector product lines. The Company will pay
$5,250,000, which will be financed by a loan from an officer of the Company.
Under the terms of the final agreement, the Company will consolidate all CRT
projector manufacturing, sales and support with its established Marquee(TM)
projector operations in Cape Canaveral, Florida. The Company expects this
consolidation will be completed by the end of the calendar year.
--------------------------------------------------------------------------------
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.
VIDEO DISPLAY CORPORATION
(Registrant)
Date: October 15, 2004 By: /s/ Ronald D. Ordway
-----------------------
Ronald D. Ordway
Chief Executive Officer