-----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, W0cD7o6IArekeBoVfRsA6uvdeHU3tGWq4blrh1egUbX09mOQ0R98hKA3mTRS/BbA +PralYBn0BBvvYLtZWDRxw== 0000950124-03-002262.txt : 20030702 0000950124-03-002262.hdr.sgml : 20030702 20030702164416 ACCESSION NUMBER: 0000950124-03-002262 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030701 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MASCO CORP /DE/ CENTRAL INDEX KEY: 0000062996 STANDARD INDUSTRIAL CLASSIFICATION: MILLWOOD, VENEER, PLYWOOD & STRUCTURAL WOOD MEMBERS [2430] IRS NUMBER: 381794485 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05794 FILM NUMBER: 03772484 BUSINESS ADDRESS: STREET 1: 21001 VAN BORN RD CITY: TAYLOR STATE: MI ZIP: 48180 BUSINESS PHONE: 3132747400 MAIL ADDRESS: STREET 1: 21001 VAN BORN ROAD CITY: TAYLOR STATE: MI ZIP: 48180 FORMER COMPANY: FORMER CONFORMED NAME: MASCO SCREW PRODUCTS CO DATE OF NAME CHANGE: 19731025 8-K 1 k78085e8vk.txt CURRENT REPORT DATED JULY 1, 2003 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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) JULY 1, 2003 -------------------------------- MASCO CORPORATION (Exact name of Registrant as Specified in Charter) DELAWARE 1-5794 38-1794485 -------- ------ ---------- (State or Other Jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification No.) 21001 VAN BORN ROAD, TAYLOR, MICHIGAN 48180 ------------------------------------- ----- (Address of Principal Executive Offices) (Zip Code) (313) 274-7400 Registrant's telephone number, including area code ITEM 5. OTHER EVENTS. On July 1, 2003 the Company and The Black & Decker Corporation jointly issued a press release announcing that they have signed a letter of intent for Black & Decker to acquire the Company's Baldwin Hardware and Weiser Lock businesses. A copy of the press release is included as Exhibit 99. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits 99 Press Release dated July 1, 2003 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 thereunto duly authorized. July 1, 2003 MASCO CORPORATION By: /s/ John R. Leekley --------------------------------- Name: John R. Leekley Title: Senior Vice President - General Counsel EXHIBIT INDEX 99 Press Release dated July 1, 2003 EX-99 3 k78085exv99.txt PRESS RELEASE DATED JULY 1, 2003 EXHIBIT 99 FOR IMMEDIATE RELEASE Contact: Barbara Lucas Mark Rothleitner Samuel Cypert Media Contact Investor Contact Investor/Media Contact Black & Decker Black & Decker Masco 410-716-2980 410-716-3979 313-792-6646 MASCO CORPORATION AND THE BLACK & DECKER CORPORATION SIGN LETTER OF INTENT FOR BLACK & DECKER TO ACQUIRE MASCO'S BALDWIN HARDWARE AND WEISER LOCK BUSINESSES Taylor, Michigan (July 1, 2003) - Masco Corporation (NYSE: MAS) and The Black & Decker Corporation (NYSE: BDK) today announced that they have signed a letter of intent in which Black & Decker will purchase from Masco Corporation the Baldwin Hardware and Weiser Lock businesses. Baldwin and Weiser, with combined 2002 net sales of approximately $250 million, manufacture and distribute a wide range of architectural and decorative products for the home, including architectural hardware and locksets. The transaction is subject to final negotiation of a definitive purchase agreement, necessary regulatory clearances and Board of Director approvals. The transaction is expected to close later in 2003. According to Black & Decker Chairman and CEO Nolan D. Archibald, "The acquisition of these strong brand names provides an excellent strategic opportunity for Black & Decker's further expansion of its lock and door hardware business by offering these products in all price ranges." Masco Corporation Chairman and CEO Richard A. Manoogian commented, "We believe that the combination of Baldwin and Weiser with Black & Decker will be advantageous for these businesses since architectural hardware and locksets are core businesses for Black & Decker." Headquartered in Taylor, Mich., Masco Corporation is one of the world's leading manufacturers of home improvement and building products as well as a leading provider of services that include the installation of insulation and other building products. Masco Corporation's press releases and other information are available through the Company's toll free number, 1-800-MAS-NEWS, or you may visit Masco's website at www.masco.com. Headquartered in Towson, Maryland, Black & Decker is a leading global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems. Black & Decker's press releases and other information are available through the Company's toll free number, 1-800-992-3042, or you may visit Black & Decker's website at www.bdk.com. # # # # Statements contained herein may include certain forward-looking statements regarding Masco's future sales, earnings growth potential and other developments. Actual results may vary materially because of external factors such as interest rate fluctuations, changes in consumer spending and other factors over which management has no control. Additional information about our products, markets and conditions, which could affect our future performance, is contained in the Company's filings with the Securities and Exchange Commission and is available on Masco's website at www.masco.com. Statements in this press release regarding Black & Decker Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the "Forward-Looking Statements" sections in the Company's reports filed with the Securities and Exchange Commission, including but not limited to its Annual Report on Form 10-K for the most recently ended fiscal year and Quarterly Report on Form 10-Q for the most recently ended fiscal quarter. These reports are available on Black & Decker's website at www.bdk.com. Black & Decker undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise. -----END PRIVACY-ENHANCED MESSAGE-----