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) August 7, 1997
JAMES RIVER CORPORATION OF VIRGINIA
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(Exact name of registrant as specified in its charter)
Virginia
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(State or other jurisdiction of incorporation)
1-7911 54-0848173
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(Commission File Number) (IRS Employer Identification Number)
120 Tredegar Street, Richmond, Virginia 23219
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(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code (804) 644-5411
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Item 5. Other Events.
On August 7, 1997, James River Corporation of Virginia ("James River" or
the "Company") filed a press release announcing that the Department of Justice
has completed its regulatory review of the merger of James River and Fort Howard
Corporation and will take no action. A copy of the press release is filed
herewith as Exhibit 99.
Item 7. Financial Statements and Exhibits.
(c) Exhibits:
99 Press release dated August 7, 1997, published by the
registrant - filed herewith.
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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.
JAMES RIVER CORPORATION OF VIRGINIA
By:/s/Clifford A. Cutchins, IV
Clifford A. Cutchins, IV
Senior Vice President, General Counsel
Date: August 8, 1997
Exhibit 99
JAMES RIVER CORPORATION News Release
P.O. Box 2218, Richmond, VA 23218 (804) 644-5411
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Release: Immediate Contact: Celeste Gunter, Financial (804) 649-4307
Richard B. Elder, Media (804) 343-4785
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U.S. DEPARTMENT OF JUSTICE COMPLETES INVESTIGATION INTO
MERGER OF JAMES RIVER AND FORT HOWARD
RICHMOND, VIRGINIA, August 7, 1997 -- James River Corporation announced
today that the U.S. Department of Justice has completed its regulatory review of
the merger of James River and Fort Howard Corporation and will take no action.
This clearance follows the completion of a similar regulatory review earlier
this week in the United Kingdom.
The merger remains subject to the approval of a majority of the
shareholders of both companies. Special meetings of James River and Fort Howard
shareholders are scheduled for August 12, 1997. If approved by shareholders, the
merger will close as soon as possible after August 12, 1997.
"Clearance by the U.S. Department of Justice and by the U. K. Office of
Fair Trading is an important milestone toward the successful completion of the
merger of our two companies," said Miles L. Marsh, chairman and chief executive
officer of James River. "This moves us closer toward the creation of a
preeminent international consumer products company, Fort James Corporation."
James River Corporation, headquartered in Richmond, Va., is a leading
marketer and manufacturer of paper-based consumer products, packaging, and
business, printing and converting papers. The second largest worldwide producer
of tissue products, James River markets such leading brands as QUILTED NORTHERN
bathroom tissue, BRAWNY paper towels, VANITY FAIR napkins, and DIXIE cups and
plates in North America, and LOTUS bathroom tissue, towels, and facial tissue in
Europe. The company also markets QUILT-RAP sandwich wrap, QWIK WAVE microwave
packaging, and EUREKA! and WORD PRO copy papers. James River's current annual
sales rate is approximately $5.6 billion.
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Today's news release, along with past releases from James River, is
available by fax, at no charge, by calling (800) 758-5804, ext. 457350. You may
access James River's corporate-wide site at Internet address
http://www.jamesrivercorp.com.
