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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) June 18, 1997
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ENVIRODYNE INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-5485 95-2677354
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(State or other jurisdiction of (Commission (I.R.S.
incorporation or organization) File No.) Employer
Identification
No.)
701 Harger Road, Suite 190, Oak Brook, Illinois 60521
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (630) 571-8800
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Page 1 of 5 Pages
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Item 5. - Other Events
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On June 18, 1997, Envirodyne Industries, Inc. ("Envirodyne")
announced that the offer received from HK Acquisitions Corporation
was due to expire by its terms at the close of business Wednesday,
June 18, 1997. At the request of the committee of independent
directors of Envirodyne, HK Acquisitions has extended the
expiration of the offer to the close of business Monday, June 23,
1997.
Item 7. - Financial Statements and Exhibits
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(c) Exhibits
EX-99 Press release dated June 18, 1997.
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SIGNATURES
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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.
ENVIRODYNE INDUSTRIES, INC.
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Registrant
By: /S/ Gordon S. Donovan
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Gordon S. Donovan
Vice President, Chief
Financial Officer and
Treasurer
June 19, 1997
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Exhibit No. Description of Exhibits Page
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EX-99 Press release dated June 18, 1997.
FOR IMMEDIATE RELEASE FOR ADDITIONAL INFORMATION CONTACT:
Nasdaq SmallCap: EDYN Stephen M. Schuster or
Gordon S. Donovan
(630) 575-2400
ENVIRODYNE ANNOUNCES EXTENSION OF HK ACQUISITIONS OFFER
OAK BROOK, IL, June 18, 1997 -- Envirodyne Industries, Inc. (Nasdaq
SmallCap: EDYN) today announced that the offer received from HK
Acquisitions Corporation was due to expire by its terms at the
close of business Wednesday, June 18, 1997. At the request of the
committee of independent directors of Envirodyne, HK Acquisitions
has extended the expiration of the offer to the close of business
Monday, June 23, 1997.
Envirodyne has major interests in food packaging and the food
supplies industry, operating through three subsidiaries -- Viskase
Corporation, Clear Shield National, Inc. and Sandusky Plastics,
Inc.
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