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 30, 1999
KULICKE AND SOFFA INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
PENNSYLVANIA 0-121 23-1498399
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2101 Blair Mill Road, Willow Grove, PA 19090
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (215) 784-6000
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Item 5. OTHER EVENTS
On June 14, 1999, Kulicke and Soffa Industries, Inc. ("the Company") increased
its ownership interest in Flip Chip Technologies, Inc. ("FCT"), the Company's
joint venture with Delco Electronics Corporation, from 51% to 73.6% by
converting all of its outstanding loans to FCT and accrued interest totaling
$32,832,000, into equity units of FCT. See the Company's Form 10-K for the
fiscal year ended September 30, 1998 for historical financial information of
FCT.
SIGNATURE
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.
KULICKE AND SOFFA INDUSTRIES, INC.
Date: June 30, 1999 By: /s/ Clifford G. Sprague
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Clifford G. Sprague,
Senior Vice President
and Chief Financial Officer
