================================================================================
UNITED STATES
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
MAY 8, 2003
(Date of Report)
MANUFACTURED HOME COMMUNITIES, INC.
(Exact name of registrant as specified in its Charter)
1-11718
(Commission File No.)
MARYLAND 36-3857664
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
TWO NORTH RIVERSIDE PLAZA, CHICAGO, ILLINOIS 60606
(Address of principal executive offices) (Zip Code)
(312) 279-1400
(Registrant's telephone number, including area code)
================================================================================
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
In late April of 2003, Manufactured Home Communities, Inc. ("MHC")
engaged in preliminary discussions with the financial advisors of Chateau
Communities, Inc. ("Chateau") regarding a potential transaction with
Chateau. As a condition for proceeding further, Chateau required MHC to
enter into a two-year standstill agreement limiting future options. MHC
believed such limitations were not in the best interests of its
shareholders. However, as a result of its interest in pursuing a
transaction, MHC sent a letter dated May 1, 2003 to Chateau that is
attached hereto as exhibit 99.1. The response sent by Chateau to the letter
of May 1, 2003 is attached hereto as exhibit 99.2. The letter from Chateau
reiterated the previous requirement regarding a standstill agreement.
MHC remains interested in pursuing a potential transaction that would
be in the best interests of its shareholders.
ITEM 7. FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
Exhibit 99.1 Letter from MHC to Chateau dated May 1, 2003
Exhibit 99.2 Letter from Chateau to MHC dated May 5, 2003
SIGNATURE
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.
MANUFACTURED HOME COMMUNITIES, INC.
BY: /s/ John M. Zoeller
-------------------
John M. Zoeller
Vice President, Treasurer and
Chief Financial Officer
BY: /s/ Mark Howell
---------------
Mark Howell
Principal Accounting Officer and
Assistant Treasurer
DATE: May 8, 2003
-----------