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)

July 29, 2004

 

Target Corporation

(Exact name of registrant as specified in its charter)

 

Minnesota

 

1-6049

 

41-0215170

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

1000 Nicollet Mall
Minneapolis, Minnesota

 

55403

(Address of principal executive offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code  (612) 304-6073

 

Item 5.    Other Events.

 

On July 29, 2004, Target Corporation announced that it has reached a definitive agreement to sell its Mervyn’s business unit to an investment consortium for an aggregate consideration of approximately $1.65 billion in cash.  An additional discussion of the transaction is provided in Target Corporation’s news release of July 29, 2004, which is attached as an exhibit to this report.

 

A copy of the equity purchase agreement is filed as an exhibit to this report.  Reference is made to the equity purchase agreement for a full statement of the terms and conditions of the transaction.

 

Item 7.    Financial Statements and Exhibits.

 

(c)           Exhibits.

 

2.             Equity Purchase Agreement dated as of July 29, 2004 (exhibits and schedules omitted).

 

99.           News release dated July 29, 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 hereunto duly authorized.

 

 

TARGET CORPORATION

 

 

Date:  July 30, 2004

/s/ Timothy R. Baer

 

 

Timothy R. Baer

 

Senior Vice President,

 

General Counsel and Corporate Secretary

 

EXHIBIT INDEX

 

Exhibit

 

Description

 

Method
of Filing

 

 

 

 

 

2.

 

Equity Purchase Agreement dated as of July 29, 2004 (exhibits and schedules omitted).

 

Filed
Electronically

 

 

 

 

 

99.

 

News release dated July 29, 2004

 

Filed
Electronically