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
April 8, 1998
(Date of Report, date of earliest event reported)
TITANIUM METALS CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 0-28538 13-5630895
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
<PAGE> incorporation) Number)
1999 Broadway, Suite 4300, Denver, CO 80202
(Address of principal executive offices) (Zip Code)
(303) 296-5600
(Registrant's telephone number, including area code)
Not Applicable
(Former name or address, if changed since last report)
Item 5: Other Events
On April 8, 1998, the Registrant issued the press release attached hereto
as Exhibit 99.1, which is incorporated herein by reference. The press release
relates to an announcement by Registrant regarding the acquisition of Loterios.
Item 7: Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
Item Exhibit List
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No.
99.1 Press release dated April 8, 1998 issued by Registrant.
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.
TITANIUM METALS CORPORATION
(Registrant)
By: /s/ Robert E. Musgraves
Robert E. Musgraves
Vice President, General Counsel
and Secretary
Date: April 9, 1998
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Exhibit 99.1
PRESS RELEASE
FOR IMMEDIATE RELEASE CONTACT:
Titanium Metals Corporation J. Landis Martin
1999 Broadway, Suite 4300 Chairman & CEO
Denver, Colorado 80202 303-296-5600
TIMET EXPANDS WITH ACQUISITION OF LOTERIOS
DENVER, COLORADO . . . April 8, 1998 . . . Titanium Metals Corporation
("TIMET") (NASDAQ: TIMT) announced today it has completed the previously
announced cash acquisition of Loterios S.p.A. Loterios, which was privately
held, was founded in 1982 and is headquartered in Legnano, Italy, outside Milan.
Loterios is one of Italy's largest producers and distributors of titanium
products, with 1997 sales of approximately $22 million.
In recent years, Loterios has emerged as one of the premier producers and
suppliers of titanium pipe and fittings to the offshore oil and gas drilling and
production markets and is the leading supplier of these products in the North
Sea market. As a TIMET subsidiary, Loterios will be operated under the day-to-
day direction of Luigi Lotterio, Executive Vice President (Operations), and
Amleto Cappelletti, Executive Vice President (Sales).
TIMET, headquartered in Denver, Colorado, is a leading worldwide integrated
producer of titanium metal products.
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