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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 (Date of earliest event reported) July 31, 1997
WHIRLPOOL CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-3932 38-1490038
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(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) number) Identification No.)
2000 M63 North, Benton Harbor, Michigan 49022-2692
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(Address of principal executive officers) (Zip Code)
(616)-923-5000
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Registrant's telephone number, including area code
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Item 5. Other Events
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On July 31, 1997, the registrant announced that it is exploring a
full array of strategic business options involving Whirlpool Financial
Corporation, its wholly owned financial services subsidiary.
Item 7. Financial Statements and Exhibits
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Exhibit 1
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Copy of a press release dated July 31, 1997 regarding the company's
announcement that it is exploring a full array of strategic business options
involving Whirlpool Financial Corporation, its wholly owned financial services
subsidiary.
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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.
WHIRLPOOL CORPORATION
Registrant
Date: August 1, 1997 By: /s/ Daniel F. Hopp
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Name: Daniel F. Hopp
Title: Vice President, General
Counsel and Secretary
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Exhibit 1
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Jeff Francis
(616) 923-5582
[email protected]
WHIRLPOOL EXPLORING STRATEGIC ALTERNATIVES
INVOLVING ITS FINANCIAL SERVICES SUBSIDIARY
BENTON HARBOR, Mich. -- July 31, 1997 -- Whirlpool Corporation (NYSE:WHR) said
today that it is exploring a full array of strategic business options involving
Whirlpool Financial Corporation (WFC), its wholly owned financial services
subsidiary. The analysis includes possible alliances, partnerships and other
alternatives.
Whirlpool said this analysis is part of the company's ongoing assessment of
how its worldwide businesses can best create value. Whirlpool expects to
continue a relationship with WFC regardless of the study's outcome.
Whirlpool Financial Corporation, with assets of more than $2.1 billion,
provides inventory and consumer financing to the appliance, consumer
electronics, lawn and garden, home heating and air conditioning and music
industries. It has principle offices in North America, Europe and Asia and
employs approximately 900 people worldwide.
Whirlpool Corporation is the world's leading manufacturer and marketer of
major home appliances. Headquartered in Benton Harbor, the company manufactures
in 13 countries and markets products under 11 major brand names in about 140
countries.
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