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: May 17, 2007
(Date of Earliest Event Reported)
KB Home
(Exact Name of Registrant as Specified in Its Charter)
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Delaware
(State or Other Jurisdiction
of Incorporation)
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001-09195
(Commission
File Number)
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95-3666267
(I.R.S. Employer
Identification No.) |
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10990 Wilshire Boulevard, Seventh Floor Los Angeles
(Address of Principal Executive Offices)
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90024
(Zip Code) |
(310) 231-4000
(Registrant’s Telephone Number, Including Area Code)
N/A
(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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d- 2(b))
o 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
May 17, 2007, KB Home (the “Company”) entered into an exclusivity period based on a final,
irrevocable, binding and fully financed offer by PAI Partners (“PAI”) to acquire the Company’s
entire 49% ownership interest in its French subsidiary, Kaufman & Broad SA, representing 10,921,954
shares at a price of 55.00 euros per share. On May 17, 2007, the Company issued a press release
announcing its entry into the exclusivity period, which is filed herewith as Exhibit 99.1 and
incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
| 99.1 |
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Press Release dated May 17, 2007 issued by KB Home. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
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KB Home
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| Date: May 17, 2007 |
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/s/ Domenico Cecere
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Name: |
Domenico Cecere |
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Title: |
Executive Vice President and Chief
Financial Officer |
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