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UNITED STATES
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): January 30, 1998
UNITED STATES SURGICAL CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 1-9776 13-2518270
(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification Number)
150 GLOVER AVENUE, NORWALK, CT 06856
(Address of principal executive offices)
(203) 845-1000
(Registrant's telephone number, including area code)
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Item 5. Other Events.
The Registrant is filing herewith the press release issued by the
Registrant on January 30, 1998.
(c) Exhibits
Exhibit 99.1. Press Release dated January 30, 1998.
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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.
UNITED STATES SURGICAL CORPORATION
Date: February 10, 1998 By: /s/ Richard A. Douville
--------------------------------
Richard A. Douville
Senior Vice President and
Chief Financial Officer
(Principal Financial Officer)
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EXHIBIT 99.1
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FOR IMMEDIATE RELEASE: January 30, 1998
INVESTOR CONTACT: U.S. SURGICAL HOME PAGE: MEDIA CONTACT:
Marianne Scipione http://www.ussurg.com Steve Rose
Vice President Director
Corporate Communications Media Relations
203-845-1404 203-845-1732
[email protected] [email protected]
U.S. SURGICAL COMPLETES ACQUISITION OF
PFIZER'S VALLEYLAB
NORWALK, Conn. -- United States Surgical Corporation (NYSE:USS) announced
today that it has completed its acquisition of Valleylab, a division of Pfizer
Inc. (NYSE:PFE) for $425 million in cash. Valleylab is the world leader in
electrosurgical and ultrasonic products, with sales of approximately $200
million.
Leon C. Hirsch, chairman of USS, said, "Valleylab is an ideal fit with
USS; our product lines, manufacturing capabilities, research and development
programs and sales organizations can be easily integrated, providing growth for
the parent company and its new division. We look forward to welcoming the
Valleylab family to USS."
Valleylab owns a large, modern state-of-the art manufacturing facility in
Boulder, Colorado. USS plans to continue this operation and expand it by
integrating the manufacture of newly developed USS products.
United States Surgical Corporation is a diversified medical products
company specializing in minimally invasive technologies that improve patient
care and lower health care costs.
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