SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
March 1, 1995
(Date of Report, date of earliest event reported)
VALHI, INC.
(Exact name of Registrant as specified in its charter)
Delaware 1-5467 87-0110150
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
5430 LBJ Freeway, Suite 1700, Dallas, TX 75240-2697
(Address of principal executive offices) (Zip Code)
(214) 233-1700
(Registrant's telephone number, including area code)
Not applicable
(Former name or address, if changed since last report)
Item 5: Other Events
On March 1, 1995, the Registrant issued the press release attached
hereto as Exhibit 99.1 which is incorporated herein by reference.
Item 7: Financial Statements, Pro Forma Financial Information
and Exhibits
(c) Exhibit
Item No. Exhibit Index
99.1 Press release dated March 1, 1995
issued by the Registrant
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 hereunto duly authorized.
VALHI, INC.
(Registrant)
By: /s/ Steven L. Watson
Steven L. Watson
Vice President & Secretary
Date: March 1, 1995
PRESS RELEASE
FOR IMMEDIATE RELEASE: CONTACT:
VALHI, INC. Michael A. Snetzer
Three Lincoln Centre Chairman and Chief
5430 LBJ Freeway Executive Officer
Dallas, Texas 75240-2697 Medite Corporation
(214) 233-1700 (214) 661-8028
VALHI SUBSIDIARY FILES REGISTRATION STATEMENT
DALLAS, TEXAS . . . March 1, 1995 . . . Valhi, Inc. (NYSE:VHI) announced
today that its wholly-owned subsidiary, Medite Corporation, has filed a
registration statement on Form S-1 with the Securities and Exchange Commission
in connection with a proposed initial public offering by Medite of 5,882,000
shares of Medite's common stock, which will represent approximately 33% of
Medite's outstanding common stock. Subject to review by the SEC, Medite intends
to offer the shares, only pursuant to a final prospectus, in a public offering
through underwriters led by Morgan Stanley & Co. Incorporated, Salomon Brothers
Inc and Smith Barney Inc.
Medite intends to apply the net proceeds from the offering to pay down
certain bank indebtedness and intercompany obligations and for other corporate
purposes.
Medite is an international engineered wood products company focused
primarily on the production and sale of medium density fiberboard. The Company
also owns timberlands and produces and sells traditional timber products.
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This communication shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities in any State in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such State.
Valhi, Inc., headquartered in Dallas, Texas, in engaged in the chemicals,
refined sugar, building products and other industries.
