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<TITLE>8-K</TITLE>
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<P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center><B>WASHINGTON, D.C. 20549</B></P>
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<P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:14pt" align=center><B>FORM 8-K</B></P>
<P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:14pt" align=center><B>CURRENT REPORT</B></P>
<P style="margin:0pt; font-family:CG Times; font-size:11pt" align=center><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</P>
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<P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>Date of Report (Date of earliest event reported): &nbsp;March 21, 2007</P>
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<P style="margin:0pt; line-height:18pt; font-family:CG Times; font-size:18pt" align=center><B>EGL, Inc.</B></P>
<P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>(Exact name of registrant as specified in its charter)</P>
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<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD valign=top width=208.8><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center><B>Texas</B></P>
</TD><TD valign=top width=208.6><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center><B>000-27288</B></P>
</TD><TD valign=top width=208.6><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center><B>76-0094895</B></P>
</TD></TR>
<TR><TD valign=top width=208.8><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>(State or other jurisdiction</P>
</TD><TD valign=top width=208.6><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>(Commission</P>
</TD><TD valign=top width=208.6><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>(IRS Employer</P>
</TD></TR>
<TR><TD valign=top width=208.8><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>of incorporation)</P>
</TD><TD valign=top width=208.6><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>File Number)</P>
</TD><TD valign=top width=208.6><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>Identification No.)</P>
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<TABLE style="font-size:10pt" cellspacing=0 align=center><TR><TD valign=top width=360.133><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center><B>15350 Vickery Drive, Houston, Texas</B></P>
</TD><TD valign=top width=265.867><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center><B>77032</B></P>
</TD></TR>
<TR><TD valign=top width=360.133><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>(Address of principal executive offices)</P>
</TD><TD valign=top width=265.867><P style="margin:0pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>(Zip Code)</P>
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<P style="margin-top:0pt; margin-bottom:5.5pt; line-height:14pt; font-family:CG Times; font-size:11pt" align=center>Registrant's telephone number, including area code: &nbsp;<B>(281) 618-3100</B></P>
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<P style="margin-top:0pt; margin-bottom:5.5pt; line-height:14pt; font-family:CG Times; font-size:11pt">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):</P>
<P style="margin:0pt; line-height:15pt; font-family:Wingdings; font-size:11pt">o <FONT FACE="Times New Roman">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P style="margin:0pt; text-indent:-36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:15pt; font-family:Wingdings; font-size:11pt">x <FONT FACE="Times New Roman">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
<P style="margin:0pt; text-indent:-36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:15pt; font-family:Wingdings; font-size:11pt">o <FONT FACE="Times New Roman">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P style="margin:0pt; text-indent:-36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Wingdings; font-size:11pt">o <FONT FACE="Times New Roman">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></P>
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<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><B>Item&nbsp;8.01<BR>
Other Events.</B> </P>
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<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>On March 21, 2007, EGL, Inc. (the &#8220;Company&#8221;) issued a press release announcing that that the Special Committee of its Board of Directors had received a written proposal dated March 19, 2007 from Apollo Management L.P. (&#147;Apollo&#148;) expressing its interest in the acquisition of the Company for $40.00 per share, subject to certain conditions, including expedited confirmatory due diligence. &nbsp;The Special Committee determined that, under the Company&#146;s Merger Agreement with an affiliate of James R. Crane, Apollo&#146;s proposal is an alternative proposal. &nbsp;Accordingly, the Special Committee has also informed the Crane Group of the existence of the proposal, and has made arrangements so that Apollo may conduct its due diligence investigation with respect to its proposal. </P>
<P style="margin:0pt; text-indent:36pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:11pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>There can be no assurance that Apollo or another third party will make a firm offer, or that the terms of any such offer received will be a superior proposal or will be consummated.</P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>A copy of the March 21, 2007 press release is included as Exhibit 99.1 to this Form 8-K and is incorporated into this Item&nbsp;8.01 by reference. </P>
<P style="margin-top:0pt; margin-bottom:11pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin-top:0pt; margin-bottom:11pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify><B>Important Additional Information Regarding the Merger Will Be Filed with the SEC: </B></P>
<P style="margin-top:0pt; margin-bottom:11pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>In connection with the proposed merger, the Company will file a proxy statement with the Securities and Exchange Commission (the &#147;SEC&#148;). INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER AND THE PARTIES TO THE MERGER. Investors and security holders may obtain a free copy of the proxy statement (when available) and other relevant documents filed with the SEC from the SEC&#146;s website at http://www.sec.gov. The Company&#146;s security holders and other interested parties will also be able to obtain, without charge, a copy of the proxy statement and other relevant documents (when available) by directing a request by mail or telephone to Investor Relations, EGL, Inc., 15350 Vickery Drive, Houston, Texas 77032, telephone (281) 618-3100, or from the Company&#146;s website, www.eaglegl.com.</P>
<P style="margin-top:0pt; margin-bottom:11pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=justify>The Company and its directors, executive officers and other members of its management and employees (including, without limitation, Mr. Crane) may be deemed to be participants in the solicitation of proxies from the Company&#146;s shareholders with respect to the merger. Information about the Company&#146;s directors and executive officers and their ownership of the Company&#146;s common stock is set forth herein and in the proxy statement for the Company&#146;s 2006 Annual Meeting of Shareholders, which was filed with the SEC on April 14, 2006 and its Current Report on Form 8-K filed on March 19, 2007. Shareholders and investors may obtain additional information regarding the interests of the Company and its directors and executive officers in the merger, which may be different than those of the Company&#146;s shareholders generally, by reading the proxy statement and other relevant documents regarding the merger, which will be filed with the SEC.</P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:11pt" align=center>___________________________________________</P>
<P style="margin-top:0pt; margin-bottom:11pt; font-family:Times New Roman; font-size:11pt" align=justify><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt" align=center>CAUTIONARY STATEMENTS </P>
<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">The statements included in and incorporated by reference into this current report on Form 8-K regarding any merger or similar proposal by Apollo Management L.P., including the timing thereof, the likelihood that such an offer could be consummated, any future actions by the Crane Group and other statements that are not historical facts, are forward-looking statements. These statements involve risks and </P>
<P style="margin:0pt; text-indent:36pt; font-family:Times New Roman; font-size:11pt"><BR>
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<P style="page-break-before:never; margin:0pt; text-indent:36pt; font-family:Times New Roman; font-size:11pt"><BR>
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<P style="margin:0pt; text-indent:36pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">uncertainties including, but not limited to, market conditions, availability and terms of acquisition financing, approval of any offer or strategic alternative by the special committee and board, actions by the&nbsp;Crane Group or other bidders with respect to any future bid and other factors detailed in risk factors and elsewhere in the Company&#146;s Annual Reports on Form 10-K and other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize (or the consequences of such a development worsen), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. The company disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt" align=justify>&nbsp;<A NAME="id_0_7"></A><A NAME="id_0_8"></A></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt"><B>Item 9.01. Financial Statements and Exhibits.</B></P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">(d) Exhibits:</P>
<A NAME="hangingindent"></A><P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin-top:0pt; margin-bottom:-13pt; padding-left:72pt; text-indent:-72pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Exhibit 99.1</P>
<P style="margin:0pt; padding-left:72pt; line-height:13pt; font-family:Times New Roman; font-size:11pt">Press Release, dated March 21, 2007</P>
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<P style="margin:0pt; padding-left:39.6pt; text-indent:-39.6pt; font-family:Times New Roman; font-size:11pt" align=center>&nbsp;</P>
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<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:11pt" align=center><B>SIGNATURE</B></P>
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<P style="margin:0pt; text-indent:72pt; line-height:14pt; font-family:Times New Roman; font-size:11pt">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.</P>
<P style="margin:0pt; font-family:Times New Roman; font-size:11pt"><BR></P>
<P style="margin:0pt; line-height:14pt; font-family:Times New Roman; font-size:11pt">Date: &nbsp;March 21, 2007</P>
<P style="margin:0pt; text-indent:252pt; line-height:14pt; font-family:Times New Roman; font-size:11pt"><B>EGL, INC.</B></P>
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<P style="margin:0pt; text-indent:234pt; line-height:14pt; font-family:Times New Roman; font-size:11pt">By:<U>___/s/ Dana Carabin______________________</U></P>
<P style="margin:0pt; text-indent:252pt; line-height:14pt; font-family:Times New Roman; font-size:11pt">Dana Carabin</P>
<P style="margin:0pt; text-indent:252pt; line-height:14pt; font-family:Times New Roman; font-size:11pt">General Counsel and Corporate Secretary</P>
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8-K
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):  March 21, 2007
EGL, Inc.
(Exact name of registrant as specified in its charter)
Texas
000-27288
76-0094895
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
15350 Vickery Drive, Houston, Texas
77032
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code:
(281) 618-3100
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):
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
x
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))
Item 8.01
Other Events.
On March 21, 2007, EGL, Inc. (the "Company") issued a press release announcing that that the Special Committee of its Board of Directors had received a written proposal dated March 19, 2007 from Apollo Management L.P. ("Apollo") expressing its interest in the acquisition of the Company for $40.00 per share, subject to certain conditions, including expedited confirmatory due diligence.  The Special Committee determined that, under the Company's Merger Agreement with an affiliate of James R. Crane, Apollo's proposal is an alternative proposal.  Accordingly, the Special Committee has also informed the Crane Group of the existence of the proposal, and has made arrangements so that Apollo may conduct its due diligence investigation with respect to its proposal.
There can be no assurance that Apollo or another third party will make a firm offer, or that the terms of any such offer received will be a superior proposal or will be consummated.
A copy of the March 21, 2007 press release is included as Exhibit 99.1 to this Form 8-K and is incorporated into this Item 8.01 by reference.
Important Additional Information Regarding the Merger Will Be Filed with the SEC:
In connection with the proposed merger, the Company will file a proxy statement with the Securities and Exchange Commission (the "SEC"). INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER AND THE PARTIES TO THE MERGER. Investors and security holders may obtain a free copy of the proxy statement (when available) and other relevant documents filed with the SEC from the SEC's website at http://www.sec.gov. The Company's security holders and other interested parties will also be able to obtain, without charge, a copy of the proxy statement and other relevant documents (when available) by directing a request by mail or telephone to Investor Relations, EGL, Inc., 15350 Vickery Drive, Houston, Texas 77032, telephone (281) 618-3100, or from the Company's website, www.eaglegl.com.
The Company and its directors, executive officers and other members of its management and employees (including, without limitation, Mr. Crane) may be deemed to be participants in the solicitation of proxies from the Company's shareholders with respect to the merger. Information about the Company's directors and executive officers and their ownership of the Company's common stock is set forth herein and in the proxy statement for the Company's 2006 Annual Meeting of Shareholders, which was filed with the SEC on April 14, 2006 and its Current Report on Form 8-K filed on March 19, 2007. Shareholders and investors may obtain additional information regarding the interests of the Company and its directors and executive officers in the merger, which may be different than those of the Company's shareholders generally, by reading the proxy statement and other relevant documents regarding the merger, which will be filed with the SEC.
___________________________________________
CAUTIONARY STATEMENTS
The statements included in and incorporated by reference into this current report on Form 8-K regarding any merger or similar proposal by Apollo Management L.P., including the timing thereof, the likelihood that such an offer could be consummated, any future actions by the Crane Group and other statements that are not historical facts, are forward-looking statements. These statements involve risks and
uncertainties including, but not limited to, market conditions, availability and terms of acquisition financing, approval of any offer or strategic alternative by the special committee and board, actions by the Crane Group or other bidders with respect to any future bid and other factors detailed in risk factors and elsewhere in the Company's Annual Reports on Form 10-K and other filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize (or the consequences of such a development worsen), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. The company disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
Exhibit 99.1
Press Release, dated March 21, 2007
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.
Date:  March 21, 2007
EGL, INC.
By:
___/s/ Dana Carabin______________________
Dana Carabin
General Counsel and Corporate Secretary