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) January 5, 1999
Brunswick Corporation
(Exact Name of Registrant as Specific in Its Charter)
Delaware 1-1043 36-0848180
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1 North Field Court, Lake Forest, Illinois 60045-4811
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code (847) 735-4700
(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events
On January 5, 1999, Brunswick Corporation announced that a suit
was filed by Volvo Penta of the Americas, Inc. in the Federal District
Court in Virginia claiming Brunswick violated various provisions of the
antitrust laws in connection with its sales of MerCruiser sterndrive and
inboard engines. The suit was filed in the Eastern District of Virginia on
December 22, 1998, and the complaint was served on Brunswick on December
29, 1998. A copy of the press release is Exhibit 99 to this current repor
on Form 8-K.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
99. Press release announcing that Brunswick Corporation was sued in
Federal District Court in Virginia 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: January 7, 1999 By: /s/ Victoria J. Reich
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Name: Victoria J. Reich
Title: Vice President
and Chief Financial
and Controller
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EXHIBIT INDEX
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Exhibit No. Exhibit
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99. Press release announcing that Brunswick Corporation
was sued in Federal District Court in Virginia for
violation of antitrust laws.
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EXHIBIT 99
SUIT FILED AGAINST BRUNSWICK
For Immediate Release
LAKE FOREST, Ill., Jan. 5, 1999 - Brunswick Corporation (NYSE: BC)
announced today that it has been served with a lawsuit filed recently in
Federal District Court in Virginia 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 Volvo Penta of the
Americas, Inc., seeking damages in an unspecified amount and injunctive relief.
Brunswick said it believes the suit is without merit and will aggressively
defend itself against it. The complaint invokes the allegations contained in a
suit brought in Little Rock, Ark., where, as previously reported, a jury
awarded a group of 22 boat builders treble damages totaling $133 million in
June 1998. The company is in the process of appealing this verdict. 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.
