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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): December 24, 1998
Commission file number 001-13279
UNOVA, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 95-4647021
(State or other jurisdiction of (I.R.S. Employer
incorporation of organization) Identification No.)
360 NORTH CRESCENT DRIVE
BEVERLY HILLS, CALIFORNIA 90210-4867
(Address of principal executive offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (310) 888-2500
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Item 5. OTHER EVENTS.
On December 24, 1998, UNOVA, Inc. completed the sale of its Beverly Hills,
California headquarters to North Crescent Realty V, an affiliate of Pacific
Capital Group, Inc., also of Beverly Hills. The Company expects the transaction
will result in an after-tax, non-operating gain of approximately $23 million.
The property comprises 125,000 square feet of office space, plus an
adjacent parking structure and common area. UNOVA will remain a tenant in the
complex until it moves to its new location at 21900 Burbank Boulevard, Woodland
Hills, CA 91367 in the Spring of 1999.
Headquartered in Southern California, UNOVA is a $2 billion industrial
technologies company. It has leadership positions in manufacturing systems and
machine tools for the global automotive, aerospace and general metalworking
industries and for automated data collection, mobile computing, bar code and
radio frequency identification systems for industrial, distribution,
transportation, logistics, and government applications.
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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.
UNOVA, INC.
By: /s/ Charles A. Cusumano
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Charles A. Cusumano
Vice President, Finance
Dated: December 24, 1998
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