-----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, HRregfwZJZxA7+1/YlwekUwEafT63u2p9QZT1cETA+XsMR7RlCwpcmUbBVOqM7kt MtXY4BYBSiSgb+2F5HLtUA== 0000073568-98-000031.txt : 19981102 0000073568-98-000031.hdr.sgml : 19981102 ACCESSION NUMBER: 0000073568-98-000031 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981030 ITEM INFORMATION: FILED AS OF DATE: 19981030 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: OAK INDUSTRIES INC CENTRAL INDEX KEY: 0000073568 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC CONNECTORS [3678] IRS NUMBER: 361569000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-04474 FILM NUMBER: 98733808 BUSINESS ADDRESS: STREET 1: 1000 WINTER STREET STREET 2: BAY COLONY CORP CENTER CITY: WALTHAM STATE: MA ZIP: 02154 BUSINESS PHONE: 6178900400 MAIL ADDRESS: STREET 1: BAY COLONY CORPORATE CENTER STREET 2: 1000 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02154 FORMER COMPANY: FORMER CONFORMED NAME: OAK ELECTRONETICS CORP DATE OF NAME CHANGE: 19720827 8-K 1 MAIN DOCUMENT 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): October 30, 1998 ---------------- Oak Industries Inc. ------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 1-4474 36-1569000 - ------------- ---------- ------------ (State or other juris- (Commission File (IRS Employer diction of incorporation) Number) Identification No.) 1000 Winter Street Waltham, MA 02451 - --------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 781-890-0400 ------------ Same ------------------------------------------------ (Former name or former address, if changed since last report.) Item 5. Other Events On October 30, 1998, Oak Industries Inc. ("Oak"), through a wholly-owned subsidiary, acquired 100% of the shares of Tele Quarz GmbH ("Tele Quarz"), a leading manufacturer of frequency control products located in Neckarbischofsheim, Germany. The purchase price of approximately DM 105 million (approximately $65 million) includes the refinancing of certain indebtedness of Tele Quarz. The acquisition was financed with borrowings under Oak's existing credit facility. A copy of the press release announcing such acquisition is attached hereto as Exhibit 99. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits The following financial statements, pro forma financial information and exhibits are filed as part of this report. (c) Exhibits 99. Press release dated October 30, 1998. 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. Oak Industries Inc. Date: October 30, 1998 /s/ Coleman S. Hicks -------------------------- Coleman S. Hicks Senior Vice President and Chief Financial Officer EX-99 2 PRESS RELEASE Exhibit 99 ---------- FOR IMMEDIATE RELEASE Contact: Coleman S. Hicks 781-890-0400 OAK INDUSTRIES ANNOUNCES CLOSING OF TELE QUARZ GMBH ACQUISITION WALTHAM, MA, October 30, 1998 -- Oak Industries Inc. (NYSE:OAK) today announced that it closed its acquisition of Tele Quarz GmbH, a leading manufacturer of frequency control products located in Neckarbischofsheim, Germany. The purchase price of approximately DM 105 million (approximately $65 million), includes the refinancing of certain indebtedness of Tele Quarz. The acquisition was financed with borrowings under Oak's existing credit facility. Tele Quarz is Europe's largest manufacturer of frequency control products. The company produces a broad range of precision crystals and oscillators for the wireless and wired telecommunications infrastructure markets. Tele Quarz also produces crystals for handset and automotive applications, and channel crystals for radio and paging applications. Tele Quarz designs and manufactures precision crystals and oscillators in a highly automated facility in Neckarbischofsheim, Germany. The company also produces higher-volume crystals at a facility in Peistany, Slovakia. Tele Quarz will operate as a division of the Oak Frequency Control Group. Oak Industries Inc. is a leading manufacturer of highly engineered components that it designs and sells to manufacturers and service providers in the communications and other selected industries. Oak's communications components consist primarily of connectors for the CATV industry, frequency control devices used in base stations for wireless communications, and fiber-optic components for the wired telephony infrastructure. Oak's controls components include components for gas ranges, and switches and encoders, which are used in a wide range of applications. Visit the Oak Industries Inc. web site at http:\\www.oakind.com. # # # -----END PRIVACY-ENHANCED MESSAGE-----