-----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, DyiaLAiYjtMRstIho+D+/4Pqns0U54R5a9D0sdEO4jl+n8c+B8CVXuucTAuv+o9f vC8tunit1vQIewEdd6yGZQ== 0000026987-96-000011.txt : 19960903 0000026987-96-000011.hdr.sgml : 19960903 ACCESSION NUMBER: 0000026987-96-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960830 ITEM INFORMATION: Other events FILED AS OF DATE: 19960830 SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: DDL ELECTRONICS INC CENTRAL INDEX KEY: 0000026987 STANDARD INDUSTRIAL CLASSIFICATION: PRINTED CIRCUIT BOARDS [3672] IRS NUMBER: 330213512 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08101 FILM NUMBER: 96624025 BUSINESS ADDRESS: STREET 1: 2151 ANCHOR COURT CITY: NEWBURY PARK STATE: CA ZIP: 91320 BUSINESS PHONE: 805-376-94 MAIL ADDRESS: STREET 1: 2151 ANCHOR COURT CITY: NEWBURY PARK STATE: CA ZIP: 91320 FORMER COMPANY: FORMER CONFORMED NAME: DATA DESIGN LABORATORIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: DATA DESIGN LABORATORIES DATE OF NAME CHANGE: 19880817 8-K 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): August 30, 1996 ________________ Exact Name of Registrant as Specified in Its Charter: DDL ELECTRONICS, INC. _________________________ DELAWARE 1-8101 33-0213512 ____________________________ ________ _____________ State or Other Jurisdiction of Commission I.R.S. Employer Incorporation or Organization File Number Identification No. Address of Principal Executive Offices: 2151 Anchor Court Newbury Park, CA 91320 _________________________ Registrant's Telephone Number, Including Area Code: (805) 376-9415 _________________________ Former Name or Former Address, if Changed Since Last Report: Not applicable _________________________ Item 5. Other Events. On August 30, 1996, DDL Electronics, Inc. issued a press release disclosing that it had terminated merger discussions with another company. Item 7. Financial Statements and Exhibits. Exhibit Description _______ ____________ 99.1 Press release dated August 30, 1996 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 thereunto duly authorized. DDL ELECTRONICS, INC. August 30, 1996 /s/ Richard K. Vitelle _________________________________ _____________________________ Date Richard K. Vitelle Vice President -Finance (Principal Financial Officer) EX-99 2 EXHIBIT 99.1 FOR IMMEDIATE RELEASE _____________________ From: DDL ELECTRONICS, INC. Contact: Rick Vitelle 2151 Anchor Court Chief Financial Officer Newbury Park, California 91320 (805) 376-9415 DDL ELECTRONICS ISSUES STATEMENT ON MERGER TALKS ________________________________________________ NEWBURY PARK, CA, August 30, 1996 -- DDL Electronics, Inc. (NYSE-DDL) announced today that it has terminated merger discussions with Circuit Systems, Inc. (Nasdaq-CSYI), a manufacturer of single-sided, double-sided and multilayer printed circuit boards for the electronics industry. Gregory L. Horton, President and Chief Executive Officer of DDL, said: "We have been in discussions with Circuit Systems regarding a possible stock-for-stock merger of our companies. However, DDL was unable to arrive at acceptable terms for the proposed transaction, and consequently DDL's Board of Directors concluded yesterday that a merger with Circuit Systems would not be in the best interest of DDL's stockholders at this time." Commenting on the future, Horton stated: "We are proceeding with plans to aggressively expand DDL's presence in the U.S. electronics manufacturing services industry, which is growing at a very healthy rate. We intend to focus our acquisition strategy on companies engaged in electronic contract manufacturing, which represents our core competency." DDL Electronics, Inc., through its operating units in California and the United Kingdom, provides customized, integrated electronic manufacturing services to U.S. and European original equipment manufacturers (OEMs) in the computer, telecommunications, instrumentation, medical, industrial and aerospace industries. The foregoing statements that refer to the Company's anticipated future plans are forward looking and reflect the Company's current expectations. Such statements involve various risks and uncertainties that could cause actual results to differ materially from those forecast in the statements. -----END PRIVACY-ENHANCED MESSAGE-----