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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: January 8, 1998
Date of Earliest
Event Reported: January 5, 1998
EV International, Inc.
(Exact name of registrant as specified in its charter)
Delaware 333-27341 52-2011193
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(State of (Commission File Number) (IRS Employer
Incorporation) Identification
Number)
602 Cecil Street, Buchanan, Michigan 49107
(Address of principal executive offices) (Zip Code)
(616) 695-4705
(Registrant's telephone number, including area code)
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Items 1-4. Not Applicable.
Item 5. Other Events
The Board of Directors of EV International, Inc. (the
"Company") announced that they intend to merge with Telex Communications, Inc. A
press release announcing the proposed transaction is attached as Exhibit 99.1.
Item 6. Not Applicable.
Item 7. Exhibits
99.1 Press Release dated January 5, 1998.
Item 8. 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 hereunto duly authorized.
EV INTERNATIONAL, INC.
(Registrant)
By: /s/ Christine K. Vanden Beukel
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Name: Christine K. Vanden Beukel
Title: Secretary
Date: January 5, 1998
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EXHIBIT INDEX
Exhibit No. Description
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99.1 Press Release dated January 5, 1998
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FOR IMMEDIATE RELEASE
TELEX AND EV INTERNATIONAL ANNOUNCE INTENTIONS TO MERGE
Minneapolis, MN and Buchanan, MI - January 5, 1998 - Telex
Communications, Inc. and EV International, Inc. announced today that they intend
to combine the companies in late January 1998. Both Telex and EVI are controlled
by affiliates of Greenwich Street Capital Partners, Inc., the New York based
private equity investment fund.
Greenwich Street Capital Partners believes that both the Telex
and the EV International operations will substantially benefit from the merger.
The combined companies will enjoy an extensive worldwide distribution network,
multinational manufacturing expertise, and the research and development
resources of both companies.
Telex Communications, Inc., a leader in the design,
manufacture and marketing of sophisticated audio, wireless and multimedia
communications equipment to commercial, professional and industrial customers,
had net sales of $170.9 million during the fiscal year ended March 31, 1997.
EV International, Inc. is one of the largest manufacturers and
marketers of high quality, high performance sound systems products for the
professional audio market. EV International had net sales of $192.00 million for
the fiscal year ended February 29, 1997.
Questions regarding the companies may be directed to Christine
Vanden Beukel at Greenwich Street Capital Partners at telephone number
212-816-3662.
