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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 (Date of earliest event reported): June 16, 2009
FORESTAR GROUP INC.
(Exact name of Registrant as specified in its charter)
         
Delaware
(State or other jurisdiction
of incorporation)
  001-33662
(Commission
File Number)
  26-1336998
(I.R.S. Employer
Identification No.)
6300 Bee Cave Road, Building Two, Suite 500
Austin, Texas 78746

(Address of Principal Executive Officers including Zip Code)
(512) 433-5200
(Registrant’s Telephone Number, including Area Code)
None
(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))
 
 

 


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Item 2.01. Completion of Acquisition or Disposition of Assets.
Item 9.01 Financial Statements and Exhibits.
SIGNATURES
EXHIBIT INDEX
EX-99.1


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Item 2.01. Completion of Acquisition or Disposition of Assets.
     On June 16, 2009, the Company completed its previously announced sale of approximately 75,000 acres of timberland for $120 million to the Hancock Timber Resource Group division of Hancock Natural Resource Group, Inc., acting on behalf of its investor clients. On June 16, 2009, the Company issued a press release announcing the completion of this sale. A copy of the press release issued by the Company is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
     
Exhibit No.   Description of Exhibit
 
   
99.1
  Press Release issued by Forestar Group Inc., dated June 16, 2009

 


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SIGNATURES
     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.
         
  FORESTAR GROUP INC.
 
 
Date: June 16, 2009  By:   /s/ David M. Grimm    
    Name:   David M. Grimm   
    Title:   Chief Administrative Officer, General
Counsel and Secretary 
 

 


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EXHIBIT INDEX
     
Exhibit No.   Description of Exhibit
 
   
99.1
  Press Release issued by Forestar Group Inc., dated June 16, 2009