Form 8-K

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): February 7, 2008

 

 

 

 

IDT CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

 

 

Delaware

   1-16371    22-3415036

(State or other jurisdiction

of incorporation)

   (Commission File Number)   

(IRS Employer

Identification No.)

 

520 Broad Street

Newark, New Jersey

   07102
(Address of principal executive offices)    (Zip Code)

 

Registrant’s telephone number, including area code: (973) 438-1000

 

Not Applicable

(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 (see General Instruction A.2. below):

 

¨   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


Item 8.01 Other Events.

On February 7, 2008, a subsidiary of IDT Corporation (the “Registrant”) completed the acquisition of the Registrant’s headquarters building located at 520 Broad Street, Newark, New Jersey 07102 (the “Premises”). The Registrant’s subsidiary purchased the Premises from its previous owner, 520 Broad Street Associates, L.L.C., for a total purchase price of $50 million that included $23,148,917.36 in cash and the assumption of the remainder of the existing mortgage on the Premises in the amount of $26,851,082.64.

 

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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 hereunto duly authorized.

 

IDT CORPORATION
By:   /s/    James A. Courter        
 

Name:  James A. Courter

Title:    Chief Executive Officer

Dated: February 13, 2008

 

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