-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, SyB0e8b2zg7+BK4s1WxOogxcagBQoUtxVNIzTcG0i+gyZU9MwiIx3ClToibyVVms gL4iddt/57Imff5cDsm/XQ== 0000950135-94-000018.txt : 19940201 0000950135-94-000018.hdr.sgml : 19940201 ACCESSION NUMBER: 0000950135-94-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19940125 ITEM INFORMATION: 5 FILED AS OF DATE: 19940131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NASHUA CORP CENTRAL INDEX KEY: 0000069680 STANDARD INDUSTRIAL CLASSIFICATION: 2670 IRS NUMBER: 020170100 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 34 SEC FILE NUMBER: 001-05492 FILM NUMBER: 94503813 BUSINESS ADDRESS: STREET 1: 44 FRANKLIN ST STREET 2: PO BOX 2002 CITY: NASHUA STATE: NH ZIP: 03061-2002 BUSINESS PHONE: 6038802323 MAIL ADDRESS: STREET 1: 44 FRANKLIN STREET STREET 2: P.O. BOX 2002 CITY: NASHUA STATE: NH ZIP: 03061-2002 8-K 1 NASHUA CORPORATION FORM 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 January 25, l994 Date of Report (Date of earliest event reported) NASHUA CORPORATION (Exact name of registrant as specified in its charter) 1-5492-1 (Commission File Number) Delaware 02-0170100 (State or other jurisdiction (I.R.S. Employer of incorporation) Identification No.) 44 Franklin Street Nashua, New Hampshire 03060 (Address of Principal Executive Offices) (Zip Code)
(603)880-2323 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) 2 ITEMS OF INFORMATION Item 5. Other Events On January 25, 1994, Nashua Corporation issued the following press release: NASHUA RECEIVES FINAL RULING ON GESTETNER CLAIMS January 25, 1994 -- Nashua Corporation (NYSE:NSH) today announced that it has received a final ruling from the arbitrator on claims associated with the company's sale of its international office systems business to Gestetner PLC. Nashua sold the business in 1990 for a value of $202 million, which included $51 million in debt assumed by Gestetner. Gestetner raised certain objections to the final valuation, resulting in $18.2 million in claims submitted for arbitration. The arbitrator's findings will require Nashua to make a payment to Gestetner of $1.3 million plus interest. Resolution of Gestetner's claims will allow Nashua to recognize an after-tax gain from discontinued operations from the sale of the office systems business of $2.5 million, or $.40 per share, in the current quarter. Nashua had been required to defer recognition of any gain or loss from the sale, pending resolution of the final purchase price. Nashua Corporation provides a diverse mix of products and services which includes coated paper products, computer products, office supplies and photofinishing services. 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. NASHUA CORPORATION January 31, l994 By /s/William Luke Vice President-Finance - 2 -
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