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 19, 1996
General Instrument Corporation
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(Exact name of registrant as specified in its charter)
Delaware 1-5442 13-3575653
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(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation) Identification No.)
8770 West Bryn Mawr Avenue, Chicago, Illinois 60631
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(Address of principal executive office) (Zip Code)
(312)-695-1000
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(Registrant's telephone number, including area code)
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Item 5 Other Events
The Registrant hereby incorporates by reference the description of the matters
set forth in its press release dated June 19, 1996 (such press release being
Exhibit 99 attached hereto).
Item 7 Financial Statements and Exhibits
(c) Exhibits
99 Registrant's press release dated June 19, 1996
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.
GENERAL INSTRUMENT CORPORATION
By: /s/Paul J. Berzenski
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Paul J. Berzenski
Vice President and Controller
DATE: June 19, 1996
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EXHIBIT INDEX
Sequential
Page
No. Exhibits No.
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99 The Registrant's press release dated 4
June 19, 1996
EXHIBIT 99
CONTACTS:
Dick Badler 312-695-1030
Mark Borman 312-695-1150
GENERAL INSTRUMENT TO REPORT LITIGATION CHARGE; OTHERWISE, SECOND QUARTER
RESULTS TO MEET EXPECTATIONS
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CHICAGO, IL -- (June 19, 1996) -- As previously reported by General Instrument
Corporation (NYSE:GIC) on June 12, 1996, the United States District Court for
the Eastern District of Texas has entered a final judgment against its Next
Level Communications subsidiary and individual defendants in favor of plaintiff
DSC Communications, in a total amount of $136,732,000. The company announced
today that it will take a pre-tax charge to earnings in its second quarter of
$141 million, reflecting the judgment and the costs of litigation and appeal.
The company also indicated that, otherwise, it expected its second quarter
results to meet analyst expectations.
General Instrument Corporation is a world leader in developing technology,
systems and product solutions for the secure and interactive delivery of video,
voice, and data, as well as in manufacturing and distributing discrete
semiconductors.
The information set forth above includes "forward looking" information and,
accordingly, the cautionary statements contained in Forward-Looking Information
filed by the Company as Exhibit 99 to its Form 10-K for the year ended December
31, 1995 are incorporated herein by reference.
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