Unassociated Document
Washington, D.C. 20549


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 19, 2008

(Exact name of registrant as specified in its charter)

(State of
(Commission File
(IRS Employer
Identification Number)

2481 Manana Drive
Dallas TX 75220
(Address of principal executive offices)

Registrant’s telephone number, including area code: (214) 357-9588

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the reporting obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act
o Soliciting material pursuant to Rule 14a-12 of the Exchange Act
o Pre-commencement communications pursuant to Rule 14d-2(b) Exchange Act
o Pre-commencement communications pursuant to Rule 13e-4(c) Exchange Act

Item 8.01. Other Events.

On February 19, 2008, Dave & Buster’s, Inc. (the “Company”) issued a press release announcing that it had engaged Jefferies & Company, Inc. to assist the Company in exploring a possible sale. In addition, the Company announced the early retirement of $10 million of indebtedness under its senior credit facility. A copy of this press release is attached hereto as Exhibit 99.

Item 9.01. Financial Statements and Exhibits.

Press release dated February 19, 2008.


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.
Date: February 20, 2008 By:   /s/ Jay L. Tobin
Jay L. Tobin
Senior Vice President, General Counsel
and Secretary
Unassociated Document

News Release
For further information contact:
Jeff Elliott or Geralyn DeBusk
Halliburton Investor Relations

Dave & Buster’s, Inc. Retains Jefferies & Company
to Explore a Possible Sale; Announces Debt Reduction

DALLAS - February 19, 2008 -- Dave & Buster's, Inc., a leading operator of high volume entertainment/dining complexes, today announced that it has retained Jefferies & Company, Inc. to assist the company in exploring a possible sale and has reduced debt under its senior credit facility.

“The decision to engage Jefferies & Company and reduce debt is a direct result of our continued strong comparable store sales growth, substantial earnings growth and significant free cash flow generation,” stated Steve King, Chief Executive Officer. “We are pleased that we have been able to maintain our strong sales and earnings momentum through the fourth quarter despite a tough economic environment, and continue to successfully execute the strategic initiatives that we have put in place.” The company plans to issue its audited financial results for the fiscal year ended February 3, 2008 in late April.

The company also announced that it has made payments totaling $10.0 million toward the early retirement of its senior credit facility during the fourth quarter of fiscal 2007 and currently has no borrowings outstanding under its Revolving Credit Facility. The additional debt reduction was funded by cash generated from operations.

Celebrating over 25 years of operations, Dave & Buster's was founded in 1982 and is one of the country's premier entertainment/dining concepts with 49 locations throughout the United States and in Canada. More information on the Company is available on the Company's website, www.daveandbusters.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Dave & Buster’s business which are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the company’s Annual Report or Form 10-K for the most recently ended fiscal year.