-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FqqS71mKsR/C1obfvA8bvps7+Fw7LsWbbTIYJgajsaWN1ltTranOAc5BPgP/WxXd UIyX6Xk6SoJofkT8KWtVww== 0001206774-07-000193.txt : 20070124 0001206774-07-000193.hdr.sgml : 20070124 20070124163044 ACCESSION NUMBER: 0001206774-07-000193 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070124 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070124 DATE AS OF CHANGE: 20070124 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VISHAY INTERTECHNOLOGY INC CENTRAL INDEX KEY: 0000103730 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 381686453 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07416 FILM NUMBER: 07550065 BUSINESS ADDRESS: STREET 1: 63 LINCOLN HWY CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 6106441300 MAIL ADDRESS: STREET 1: 63 LINCOLN HIGHWAY CITY: MALVERN STATE: PA ZIP: 19355 8-K 1 vi71946.htm 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) January 24, 2007

Vishay Intertechnology, Inc.


(Exact name of registrant as specified in its charter)


Delaware

 

1-7416

 

38-1686453


 


 


(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

 

 

 

 

63 Lancaster Avenue
Malvern, PA 19355

 

19355-2143


 


(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code    610-644-1300

 

 


(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:

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

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 1.01 – Entry into a Material Definitive Agreement

Vishay Intertechnology, Inc. previously reported that it entered into agreements for the purchase of International Rectifier Corporation’s Power Control Systems (“PCS”) business.

On January 24, 2007, Vishay and International Rectifier issued press releases announcing that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the sale has expired and that Vishay and IR have mutually agreed to a closing by April 1, 2007.  Previously, the projected date for closing was February 26, 2007.  The agreements remain subject to customary closing conditions. 

A copy of the press release issued by Vishay is included as Exhibit 99.1.

Item 9.01 – Financial Statements and Exhibits

(d) Exhibits

Exhibit No.

 

Description


 


99.1

 

Press release dated January 24, 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: January 24, 2007

 

 

 

 

 

 

VISHAY INTERTECHNOLOGY, INC.

 

 

 

 

 

 

 

By:

/s/ Richard N. Grubb

 

 


 

Name: 

Richard N. Grubb

 

Title:

Executive Vice President and
Chief Financial Officer

 

EX-99.1 2 vi71946ex991.htm EXHIBIT 99.1

Exhibit 99.1

News Release

Vishay Intertechnology, Inc. and International Rectifier Announce HSR Clearance for Sale of IR’s
Power Control Systems Business to Vishay

MALVERN, Pa. and EL SEGUNDO, Calif., Jan. 24 -- Vishay Intertechnology, Inc. (NYSE: VSH) and International Rectifier Corporation (IR) (NYSE: IRF) today announced that the waiting period has expired under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, allowing the proposed sale of IR’s Power Control Systems Business (PCS) to Vishay Intertechnology, Inc. to proceed.

On November 1, 2006, the two companies announced an agreement for the sale of IR’s PCS business to Vishay Intertechnology, Inc. The PCS business is being sold for approximately $290 million in cash.

With the final scope of transition services identified, Vishay and IR have mutually agreed to a closing by April 1, 2007. Previously, the projected date for closing was February 26, 2007. The agreement is subject to customary closing conditions.

About Vishay Intertechnology, Inc.

Vishay Intertechnology, Inc., a Fortune 1,000 Company listed on the NYSE (VSH), is one of the world’s largest manufacturers of discrete semiconductors (diodes, rectifiers, transistors, and optoelectronics and selected ICs) and passive electronic components (resistors, capacitors, inductors, sensors, and transducers). These components are used in virtually all types of electronic devices and equipment in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, and medical markets. Its product innovations, successful acquisition strategy, and ability to provide “one-stop shop” service have made Vishay a global industry leader. Vishay can be found on the Internet at http://www.vishay.com.

Vishay Contact:
Investors: Peter Henrici, 610-407-4899

About International Rectifier

International Rectifier (NYSE: IRF) is a world leader in power management technology. IR’s analog, digital, and mixed signal ICs, and other advanced power management products, enable high performance computing and save energy in a wide variety of business and consumer applications. Leading manufacturers of computers, energy efficient appliances, lighting, automobiles, satellites, aircraft, and defense systems rely on IR’s power management solutions to power their next generation products. For more information, go to http://www.irf.com.

International Rectifier Contact:

Investors: Portia Switzer, 310-726-8254

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