-----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, EpLRJDhzIbxREhhuS7EAfz9LpcqUAycwc6T34tPxTdKUodyUZeKN2dGzDVm1HIWN 1PK07JFH+xgsQ7mLmMpyrQ== 0000007383-94-000040.txt : 19941014 0000007383-94-000040.hdr.sgml : 19941014 ACCESSION NUMBER: 0000007383-94-000040 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19941003 ITEM INFORMATION: Other events FILED AS OF DATE: 19941013 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARMCO INC CENTRAL INDEX KEY: 0000007383 STANDARD INDUSTRIAL CLASSIFICATION: 3312 IRS NUMBER: 310200500 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00873 FILM NUMBER: 94552573 BUSINESS ADDRESS: STREET 1: 301 GRANT ST STREET 2: ONE OXFORD CENTRE CITY: PITTSBURGH STATE: PA ZIP: 15219-1415 BUSINESS PHONE: 2013165200 MAIL ADDRESS: STREET 1: 300 INTERPACE PARKWAY CITY: PARSIPPANY STATE: NJ ZIP: 07054-0324 FORMER COMPANY: FORMER CONFORMED NAME: ARMCO STEEL CORP DATE OF NAME CHANGE: 19790506 8-K 1 NONE 1 - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION ------------------------------- 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 3, 1994 --------------- Armco Inc. ------------------------------------------------ (Exact name of registrant as specified in charter) Ohio 1-873-2 31-0200500 - -------------------------------- ----------- ------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation or organization) File Number) Identification No.) One Oxford Centre, 301 Grant Street, Pittsburgh, Pennsylvania 15219-1415 - ------------------------------------------------------------- ----------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 412/255-9800 ------------ - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 2 Item 5. Other Events. On October 3, 1994, an agreement in principal was reached among Armco Inc. ("Armco"), Eastern Stainless Corporation ("Eastern"), an 84%-owned subsidiary of Armco, and Avesta Sheffield Holding Company ("Avesta") for the sale of all of the assets of Eastern to Avesta for cash and the assumption of certain liabilities. After the proposed transaction is completed, and the proceeds have been applied against Eastern's remaining liabilities, Armco anticipates that Eastern will have no assets remaining and that Eastern as a corporate legal entity will be dissolved without any shareholder distribution. The proposed transaction is subject to a number of conditions, including completion of a definitive purchase agreement and approvals by regulatory authorities, the boards of directors of Eastern and Avesta, and Eastern's shareholders. Armco will assume those of Eastern's liabilities that are neither assumed by Avesta nor satisfied by sale proceeds. In connection with the transaction, Armco expects to record a $15 million special charge against third quarter earnings. -2- 3 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 hereunto duly authorized. ARMCO INC. Date: October 13, 1994 By: /s/ David G. Harmer -------------------------------- David G. Harmer Vice President -3- -----END PRIVACY-ENHANCED MESSAGE-----