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 23, 2003
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FAB INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 1-5901 13-2581181
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(State or other (Commission (IRS Employer
jurisdiction of incorporation File Number) Identification No.)
or organization)
200 MADISON AVENUE
NEW YORK, NEW YORK 10016
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 592-2700
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NOT APPLICABLE
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(Former name or former address if changed since last report)
Item 5. OTHER EVENTS.
On October 23, 2003, Fab Industries, Inc. issued a press release
announcing that it had received a preliminary offer from a management-led buyout
group to acquire the business, as a going concern, for $19,556,366 (or $3.75 per
share), subject to certain terms and conditions. The press release announcing
the foregoing is attached as Exhibit 99.1 to this report and is incorporated by
reference into this item. The letter containing the management-led buyout
group's offer is attached as Exhibit 99.2 to this report and is incorporated by
reference into this item.
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.
FAB INDUSTRIES, INC.
Dated: October 23, 2003 By: /s/ Samson Bitensky
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Samson Bitensky
Chairman of the Board and Chief
Executive Officer
INDEX TO EXHIBITS
99.1 Press Release, dated October 23, 2003.
99.2 Offer Letter, dated October 23, 2003.