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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) January 9, 1998.
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GENERAL BINDING CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 0-2604 36-0887470
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
One GBC Plaza
Northbrook, Illinois 60062
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (847) 272-3700
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Form 8-K Current Report
For the Month of January, 1998
Item 5. Other Events.
On January 8, 1998 the Registrant announced that its planned acquisition
of Ibico AG, based in Zurich, Switzerland, has been delayed. The delay is a
result of a request for additional information concerning the proposed
acquisition received from the Antitrust Division of the United States
Department of Justice.
The Registrant still intends to complete the proposed acquisition after
the Department of Justice completes its review of the additional information.
Item 7. Exhibits.
1. Press Release of January 8, 1998.
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 thereunto duly authorized.
General Binding Corporation
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(Registrant)
Date: January 8, 1998 /s/ Steven Rubin
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Steven Rubin,
Vice President, Secretary
and General Counsel
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EXHIBIT 1
[LOGO OF GBC]
[LETTERHEAD OF GBC]
FOR IMMEDIATE RELEASE
GBC ANNOUNCES DELAY IN IBICO ACQUISITION
Northbrook, IL....January 8, 1998...General Binding Corporation
(NASDAQ:GBND) today announced that its planned acquisition of Ibico AG,
headquartered in Zurich, Switzerland, has been delayed. The delay is a result
of a request for additional information from the Antitrust Division of the
United States Department of Justice concerning the proposed acquisition.
GBC and Ibico are confident that the planned acquisition will be
consummated shortly after the Department of Justice has completed its review of
the additional information.
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Contact: Paul Bors
Date: 1/8/98
847/291-6187
