-----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, EbuTQOKHd3YF79irKDwE7FtKnggkIUigDfIPjC6dBHir9fVWDNfsCFS4a2G0/M1v fJ8mjQt5cqsOJBOJOC1azA== 0000950128-97-000017.txt : 19970113 0000950128-97-000017.hdr.sgml : 19970113 ACCESSION NUMBER: 0000950128-97-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19961231 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19970110 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTINGHOUSE ELECTRIC CORP CENTRAL INDEX KEY: 0000106413 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] IRS NUMBER: 250877540 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00977 FILM NUMBER: 97503778 BUSINESS ADDRESS: STREET 1: WESTINGHOUSE BLDG STREET 2: 11 STANWIX STREET CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 4122442000 FORMER COMPANY: FORMER CONFORMED NAME: WESTINGHOUSE ELECTRIC & MANUFACTURING CO DATE OF NAME CHANGE: 19710510 8-K 1 WESTINGHOUSE ELECTRIC 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): December 31, 1996 WESTINGHOUSE ELECTRIC CORPORATION --------------------------------- (Exact name of registrant as specified in its charter) Pennsylvania 1-977 25-0877540 - ------------------------- ---------------- ---------------------- (State or other juris- (Commission File (IRS Employer diction of incorporation) Number) Identification Number) Westinghouse Bldg.; 11 Stanwix St., Pittsburgh, PA. 15222-1384 - --------------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (412) 244-2000 -------------- Page 1 of 5 Pages Exhibit Index on Page 4 2 Item 5. Other Events ------------ On December 31, 1996, the registrant issued a press release announcing the completion of the divestiture of Westinghouse Security Systems to Western Resources, Inc., a copy of which is attached hereto as Exhibit 99 and is incorporated in its entirety. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits ------------------------------------------------------------------ (c) Exhibits A press release issued by the registrant on December 31, 1996, is filed as Exhibit 99 to this Report. Page 2 of 5 Pages 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WESTINGHOUSE ELECTRIC CORPORATION (Registrant) By: /s/ LOUIS J. BRISKMAN ----------------------------- Louis J. Briskman Senior Vice President and General Counsel Date: January 10, 1997 Page 3 of 5 Pages 4 EXHIBIT INDEX Exhibit No. Description Sequential Page No. 99 A press release issued by the Company on December 31, 1996. 5 Page 4 of 5 Pages EX-99 2 WESTINGHOUSE ELECTRIC 1 EXHIBIT 99 WESTINGHOUSE COMPLETES DIVESTITURE OF HOME SECURITY BUSINESS PITTSBURGH, Dec. 31 -- Westinghouse Electric Corporation announced today the completion of the divestiture of its residential security business, Westinghouse Security Systems, to Western Resources, Inc., a diversified energy company with interests in the security business including Westar Security and ADT. The sale values Westinghouse Security Systems at approximately $425 million, including the assumption of certain liabilities. Proceeds from the sale will be used to pay down the Corporation's debt. Page 5 of 5 Pages -----END PRIVACY-ENHANCED MESSAGE-----