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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
April 15, 1997
Date of Report (Date of earliest event reported)
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WMX TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
1-7327 36-2660763
(Commission File Number) (IRS Employer
Identification No.)
3003 BUTTERFIELD ROAD, OAK BROOK, ILLINOIS 60521
(Address of principal executive offices) (Zip code)
(630) 572-8800
(Registrant's telephone number, including area code)
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Item 5. Other Events.
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On April 15, 1997, the Company issued a press release announcing that it
had received a shareholder lawsuit. A copy of the news release is filed herewith
as an exhibit and incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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No financial statements or pro forma financial information are required to
be filed as a part of this report. The exhibit filed as part of this report is
listed in the Exhibit Index hereto.
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SIGNATURES
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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.
WMX TECHNOLOGIES, INC.
By: /s/ Thomas A. Witt
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Thomas A. Witt
Vice President
Dated: April 16, 1997
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WMX TECHNOLOGIES, INC.
EXHIBIT INDEX
Number and Description of Exhibit*
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1. None
2. None
4. None
16. None
17. None
20. None
23. None
24. None
27. None
99.1 News release dated April 15, 1997 issued by WMX Technologies, Inc.
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* Exhibits not listed are inapplicable.
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Exhibit 99.1
Analyst contact: Media contact:
John D. Sanford William J. Plunkett
(630) 572-8803 (630) 572-8898
WMX TECHNOLOGIES DISCLOSES SHAREHOLDER LAWSUIT
Oak Brook, Illinois, April 15, 1997 -- WMX Technologies, Inc. today said that it
had received a shareholder lawsuit related principally to an adverse court
judgment in an unrelated commercial dispute involving royalties to the former
owners of its Chemical Waste Management, Inc. subsidiary's Emelle, Alabama
hazardous waste facility.
The Company said that the derivative action, which was filed in the Circuit
Court of Cook County, Illinois, names members of the WMX Board of Directors and
certain former and current officers and employees of the Company and Chemical
Waste Management. The suit seeks to recover for the Company an unspecified
amount of damages.
The Company said that it is studying the suit to determine its response and an
appropriate course of action. It reiterated that it disagrees with the findings
in the Emelle decision and that it plans to take the necessary steps to appeal
the decision.
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