<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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):
February 10, 1997
TGX CORPORATION
(Exact name of registrant as specified in its charter)
<TABLE>
<CAPTION>
<S> <C> <C>
Delaware 1-10201 72-0890264
- ---------------- ----------- ------------------
(State of (Commission (IRS Employee
Incorporation) File Number) Identification No.)
</TABLE>
222 Pennbright, Suite 200
Houston, Texas 77090
(Address of principal executive offices)
Registrant's telephone number, including area code
(713) 872-0500
<PAGE>
ITEM 5. OTHER EVENTS.
On February 10, 1997, Larry H. Carpenter, President of TGX Corporation
("TGX") resigned his position as President of TGX. Mr. Carpenter's resignation
is effective immediately. TGX has commenced an executive search in order to
locate a replacement for Mr. Carpenter.
<PAGE>
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
--------
(1) Press Release of TGX Corporation dated February 10, 1997.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TGX CORPORATION
(REGISTRANT)
By: /s/ JEFFREY E. SUSSKIND
___________________________________
Jeffrey E. Susskind, Director
DATED: February 11, 1997
<PAGE>
EXHIBIT 99.1
COURTESY OF PR NEWSWIRE
/FROM PR NEWSWIRE ATLANTA 404-231-1814/
1/8STK 3/8 TGXCP
1/8IN 3/8
1/8SU 3/8 PER
TO BUSINESS EDITOR:
TGX Corporation President Resigns
HOUSTON, Feb. 10/PRNewswire/--TGX Corporation (Nasdaq: TGXCP), announced
today that Larry H. Carpenter, President, had resigned his position. Mr.
Carpenter's resignation is effective immediately. Jeffrey E. Susskind, a member
of the Board of Directors of TGX, stated that the Company had commenced an
executive search in order to locate a replacement for Mr. Carpenter. He further
stated that he expected such replacement to be retained shortly and that in the
interim the other members of the Company's management team would be acting on
behalf of the Company and that the Board of Directors would be overseeing the
continuing operations of TGX.
SOURCE TGX Corporation
-0- 02/10/97
/CONTACT: Michael A. Gerlich, Vice President & Chief Financial Officer,
TGX Corporation, 281-872-0500/
(TGXCP)
CO: TGX Corporation
ST: Texas
IN:
SU: PER
KS
- --ATM033--
7069 02/10/97 16:46 EST http://www.prnewswire.com
Selector code: t.bo.
Copyright 1997, PR Newswire
