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): November 9, 2009
GREEN
BANKSHARES, INC.
(Exact
name of Registrant as specified in its charter)
|
Tennessee |
0-14289 |
62-1222567 |
|
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
|
100 North Main Street, Greeneville, Tennessee 37743-4992 |
|
(Address of principal executive offices) |
(423)
639-5111
Registrant's
telephone number, including area code
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:
⃞
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 |
OTHER EVENTS. |
On November 9, 2009, Green Bankshares, Inc. (the “Company”) issued a press release announcing that its Board of Directors has determined it to be in the best interests of the Company and its shareholders to decline to accept the unsolicited investment proposal from Scott Niswonger in his letters dated October 26, 2009 and November 9, 2009. A copy of the press release is filed herewith as Exhibit 99.1.
|
ITEM 9.01. |
FINANCIAL STATEMENTS AND EXHIBITS. | ||
| (d) | Exhibits. | ||
| 99.1 | Press Release dated November 9, 2009 | ||
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.
|
GREEN BANKSHARES, INC. |
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Date: |
November 10, 2009 |
By: |
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/s/ James E. Adams |
|
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James E. Adams |
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Executive Vice President and |
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Chief Financial Officer |
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(Duly Authorized Representative) |
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EXHIBIT INDEX
|
Exhibit |
Description of Exhibit(s) |
|
| 99.1 |
Copy of press release issued by the Company on November 9, 2009. |