SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of report (Date of earliest event reported): June 20, 2000
DEXTER CORPORATION
(Exact Name of Registrant as Specified in Charter)
CONNECTICUT 1-5542 06-0321410
(State of Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
ONE ELM STREET, WINDSOR LOCKS, CONNECTICUT 06096
(Address of Principal Executive Offices) (Zip Code)
860-292-7675
(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS.
On June 20, 2000, Dexter Corporation (the "Company") announced that
the Company entered into a definitive agreement pursuant to which Ahlstrom
Paper Group Oy has agreed to buy Dexter's Nonwoven Materials business for
$275 million in cash. A copy of the press release announcing the execution
of the definitive agreement is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
2.1 Asset Purchase Agreement, between Dexter Corporation and
Ahlstrom Paper Group Oy, dated as of June 20, 2000. The
Company will furnish supplementally a copy of all omitted
schedules to Exhibit 2.1 upon the request of the Securities
and Exchange Commission.
99.1 Press release dated June 20, 2000, incorporated herein by
reference to the Schedule 14A of the Company filed with the
Commission on June 21, 2000.
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.
DEXTER CORPORATION
By: /s/ Kathleen Burdett
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Name: Kathleen Burdett
Title: Chief Financial Officer
Date: June 22, 2000
EXHIBIT INDEX
Exhibit No. Exhibit Name Page Number
2.1 Asset Purchase Agreement, between Dexter
Corporation and Ahlstrom Paper Group Oy,
dated as of June 20, 2000.