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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): July 15, 2004
The Enstar Group, Inc.
(Exact Name of Registrant as Specified in its Charter)
Georgia 0-07477 63-0590560
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification Number)
401 MADISON AVENUE
MONTGOMERY, ALABAMA 36104
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code: (334) 834-5483
NOT APPLICABLE
(Former Name or Former Address, if Changed Since Last Report)
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Item 2. Acquisition or Disposition of Assets.
On July 15, 2004, The Enstar Group, Inc. issued a press release (the
"Press Release") announcing that its majority-owned subsidiaries, JCF CFN LLC
and JCF CFN II LLC, have completed the sale of all of their interests in Green
Tree Investment Holdings LLC and related entities ("Green Tree") for cash to FIT
CFN Holdings LLC, an affiliate of Fortress Investment Group, LLC, and Cerberus
Green Tree Investments, LLC and Cerberus JCF Coinvest, LLC, each affiliates of
Cerberus Capital Management L.P. The interests in Green Tree represent
substantially all of the assets of JCF CFN LLC and JCF CFN II LLC. The Press
Release is filed herewith as Exhibit 99.1 and is incorporated herein by
reference thereto.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
99.1 The Enstar Group, Inc. Press Release, dated July 15,
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 thereunto duly authorized.
Date: July 15, 2004
THE ENSTAR GROUP, INC.
By: /s/ Cheryl D. Davis
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Cheryl D. Davis
Chief Financial Officer, Vice President
of Corporate Taxes and Secretary