-----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, WzRycPjAxCDqwFfTZEUPNGMgUteNKiXtXrA8K8s4YwPsmDadRdIauktBdBiAdgi+ sUWAlBQBkVhjNUSJHE/rJQ== 0000950152-97-001527.txt : 19970304 0000950152-97-001527.hdr.sgml : 19970304 ACCESSION NUMBER: 0000950152-97-001527 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970227 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970303 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: WAXMAN INDUSTRIES INC CENTRAL INDEX KEY: 0000105096 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-HARDWARE & PLUMBING & HEATING EQUIPMENT & SUPPLIES [5070] IRS NUMBER: 340899894 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10273 FILM NUMBER: 97549368 BUSINESS ADDRESS: STREET 1: 24460 AURORA RD CITY: BEDFORD HEIGHTS STATE: OH ZIP: 44146 BUSINESS PHONE: 2164391830 MAIL ADDRESS: STREET 1: 24460 AURORA ROAD CITY: BEDFORD HEIGHTS STATE: OH ZIP: 44146 8-K 1 WAXMAN INDUSTRIES CURRENT REPORT 1 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 27, 1997 WAXMAN INDUSTRIES, INC. ----------------------- (Exact name of registrant as specified in its charter) Delaware 0-5888 34-0899894 - ---------------------------- ----------------------- ------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 24460 Aurora Road, Bedford Heights 44146 ------------------------------------------------------------ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (216) 429-1830 ------------------------------------------------------------------ NOT APPLICABLE ------------------------------------------------------------- (Former name or former address, if changed since last report) 2 Item 5. Other Events. ------------ On February 27, 1997, Waxman Industries, Inc. (the "Company") and Barnett Inc. jointly issued the press release (the "Press Release") annexed as an exhibit hereto. The Press Release is incorporated herein by reference. Item 7. Financial Statements and Exhibits. --------------------------------- (c) Exhibits. -------- 99.1 Joint Press Release of Waxman Industries, Inc. and Barnett Inc. dated February 27, 1997. -2- 3 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. WAXMAN INDUSTRIES, INC. (Registrant) Dated: February 27, 1997 By: /s/ Mark W. Wester ------------------------- Mark W. Wester Vice President-Finance -3- 4 INDEX TO EXHIBITS Exhibit No. Page No. ----------- -------- 99.1 Joint Press Release of Waxman Industries, Inc. and Barnett Inc. dated February 27, 1997 -4- EX-99.1 2 EXHIBIT 99.1 1 EXHIBIT 99.1 WAXMAN NYSE: WAX WAXMAN INDUSTRIES, INC. NEWS RELEASE
FOR ADDITIONAL INFOMATION, CONTACT: AT THE COMPANY: AT THE FINANCIAL RELATIONS BOARD, INC: ---------------------------------- ------------------------------------- Armond Waxman, President Kathleen M. Brunson 216-439-1830 312-266-7800 (Chicago) Mark Wester, Vice President-Finance Regina K. Ryan 216-439-1830 212-661-8030 (New York)
FOR IMMEDIATE RELEASE WAXMAN INDUSTRIES AND BARNETT INC. ANNOUNCE SECONDARY ----------------------------------------------------- PUBLIC OFFERING --------------- Cleveland, Ohio, February 27, 1997 - Waxman Industries, Inc. (NYSE:WAX) and its affiliate Barnett Inc. (NASDAQ:BNTT) jointly announced today that Barnett Inc. filed a registration statement with the Securities and Exchange Commission with respect to a secondary public offering of an aggregate of 2,000,000 common shares (2,150,000 if the underwriters' over-allotment option is exercised in full) of Barnett Inc. Of such shares, 500,000 shares will be sold by Barnett and 1,500,000 shares (1,650,000 if the underwriters' over-allotment option is exercised in full) will be sold by Waxman USA Inc., a wholly owned subsidiary of Waxman Industries. The offering will be co-managed by William Blair & Company, L.L.C. and Alex. Brown & Sons Incorporated. The net proceeds of the Offering to Waxman USA will be used primarily to reduce indebtedness of Waxman and the net proceeds of the offering to Barnett will be used to repay short term debt and for general corporate purposes. 2 Barnett Inc. is a leading direct marketer and distributer of an extensive line of plumbing, electrical and hardware products to over 46,000 active customers throughout the United States. Barnett offers approximately 9,700 name brand and private label products through its industry recognized Barnett(R) catalogs and telesales operation. A registration statement relating to the offering of Barnett's common stock has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State. ###
-----END PRIVACY-ENHANCED MESSAGE-----