SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) October 27, 1998
Brunswick Corporation
(Exact Name of Registrant as Specific in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
1-1043 36-0848180
(Commission File Number) (I.R.S. Employer Identification No.)
1 North Field Court, Lake Forest, Illinois 60045-4811
(Address of Principal Executive Offices) (Zip Code)
(847) 735-4700
(Registrant's Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events
On October 27, 1998, Brunswick Corporation announced that a suit
was filed on October 23, 1998, in the Federal Court in Minnesota claiming
Brunswick violated various provisions of the antitrust laws in connection
with its sales of MerCruiser sterndrive and inboard engines. A copy of the
press release is Exhibit 99 to this current report on Form 8-K.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
99. Press release announcing that Brunswick Corporation was sued in Federal
Court in Minnesota for violation of antitrust laws.
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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.
BRUNSWICK CORPORATION
DATE: October 29, 1998 By:/s/ Victoria J. Reich
-----------------------------
Name: Victoria J. Reich
Title: Vice President
and Controller
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EXHIBIT INDEX
Exhibit No. Exhibit
99. Press release announcing that
Brunswick Corporation was sued in Federal Court
in Minnesota for violation of antitrust laws.
EXHIBIT 99
ANTITRUST ACTION FILED AGAINST BRUNSWICK
For Immediate Release
LAKE FOREST, Ill., Oct. 27, 1998 - Brunswick Corporation (NYSE:
BC) announced today that a suit was filed on October 23, 1998, in Federal
Court in Minnesota claiming Brunswick violated various provisions of the
antitrust laws in connection with its sales of MerCruiser sterndrive and
inboard engines. The suit was filed by two boat builders who seek to
represent a class of other allegedly similarly situated builders. The
complaint also invokes the allegations and damage claims contained in a
suit brought in Little Rock, Arkansas, where, as previously reported, a
jury awarded a group of twenty-two boatbuilder plaintiffs treble damages
totaling $133 million in June. The Little Rock trial court judge recently
denied plaintiffs' request for injunctive relief. Thus, the verdict
underlying the adverse damage award is now in the process of being readied
for appeal. While there can be no assurances, the Company believes the jury
verdict will ultimately be reversed.
Brunswick Corporation is a multinational company serving outdoor
and indoor active recreation markets with consumer products that include
such leading brands as Zebco and Quantum fishing equipment; American Camper
and Remington camping gear; Igloo coolers and ice chests; Mongoose,
Roadmaster and Ride Hard bicycles; Brunswick bowling and family
entertainment centers, equipment and consumer products; Brunswick billiards
tables; Life Fitness, Hammer Strength and ParaBody exercise equipment; Sea
Ray, Bayliner and Maxum pleasure boats, Baja high-performance boats, Boston
Whaler and Trophy offshore fishing boats; Mercury, Mariner and Force
outboard engines and MerCruiser sterndrives and inboard engines.
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