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 (Earliest Event Reported): October 17, 1995
Exact name of Registrant
as specified in its charter: The Diana Corporation
State or Other Jurisdiction of Incorporation: Delaware
Commission File Number: 1-5486
I.R.S. Employer Identification Number: 36-2448698
Address of Principal Executive Office: 8200 West Brown Deer Road
Suite 200
Milwaukee, WI 53223
Registrant's Telephone Number, Including Area Code: (414) 355-0037
ITEM 5. OTHER EVENTS
On October 17, 1995 the Registrant announced that it
terminated a previously announced agreement to acquire a majority
interest in ATI Communications. Please see Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press release dated October 17, 1995.
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.
THE DIANA CORPORATION
(Registrant)
/s/ R. Scott Miswald
Vice President and Treasurer
For Further Information
Contact:
Richard Y. Fisher
(414) 355-0037
THE DIANA CORPORATION (NYSE-DNA) TERMINATES
ACQUISITION AGREEMENT
Milwaukee, WI, October 17, 1995; The Diana Corporation and ATI
Communications of Pittsburgh, PA announced today that they have
mutually agreed to terminate a previously announced Acquisition
Agreement, whereby Diana was to have acquired a majority interest
in ATI.
The Diana Corporation, through its subsidiaries C&L
Communications, Inc. and Sattel Communications Company, is a
provider of telecommunications equipment to IXC's LEC's systems
integrators and interconnect companies. C&L is a value-added
distributor of customer premise equipment used in digital networks
for integrated voice and data communications. Sattel
Communications is a manufacturer of technologically advanced
central office telecommunications equipment for use in public
switched telephone networks and for use in private data networks.
ATI is engaged in the sale of cellular telephones in the Mid-
Atlanta region and the installation and maintenance of business
telephone systems.
