SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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):
December 10, 1998
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THERMO VOLTEK CORP.
(Exact name of Registrant as specified in its charter)
Delaware 1-10574 13-1946800
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification Number)
incorporation or
organization)
470 Wildwood Street
Woburn, Massachusetts 01888
(Address of principal executive offices) (Zip Code)
(781) 938-3786
(Registrant's telephone number
including area code)
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This Form 8-K contains forward-looking statements that involve a number of
risks and uncertainties. Important factors that could cause actual results to
differ materially from those indicated by such forward-looking statements are
set forth under the heading "Forward-looking Statements" in Exhibit 13 to the
Registrant's Annual Report on Form 10-K for the year ended January 3, 1998.
These include risks and uncertainties relating to: changing industry standards,
technological change, availability of components, international operations, the
Registrant's acquisition strategy, and the potential impact of the year 2000 on
processing date-sensitive information.
Item 5. Other Events
On December 10, 1998, Thermo Electron Corporation ("Thermo Electron"), the
Registrant's ultimate parent corporation, issued a press release regarding an
update to the proposed corporate reorganization, announced on August 12, 1998,
involving certain of Thermo Electron's subsidiaries, including the Registrant.
The press release stated, among other things, that Thermedics Inc., the
Registrant's parent corporation, will transfer its shares of the Registrant to
Thermo Electron as part of an exchange for shares of Thermo Electron's wholly
owned biomedical group, but that Thermo Electron will not then transfer such
shares of the Registrant to Thermo Instrument Systems Inc., as had been
announced on August 12.
The completion of the transactions described above is subject to numerous
conditions, including the establishment of prices and exchange ratios,
confirmation of anticipated tax consequences, approval by the directors of
Thermedics and Thermo Electron, negotiation and execution of definitive
agreements, clearance by the Securities and Exchange Commission of any necessary
documents in connection with the proposed transactions, and fairness opinions
from investment banking firms on certain financial aspects of the transactions.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements of Business Acquired: not
applicable.
(b) Pro Forma Financial Information: not applicable.
(c) Exhibits: not applicable.
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SIGNATURE
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, on this 10th day of December, 1998.
THERMO VOLTEK CORP.
By: /s/ Kenneth J. Apicerno
Kenneth J. Apicerno
Treasurer
