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
April 25, 1997
(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)
(972) 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 April 25, 1997, 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 April 25, 1997
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: April 25, 1997
VALCOR, INC.
PRESS RELEASE
FOR IMMEDIATE RELEASE: CONTACT:
VALCOR, INC. STEVEN L. WATSON
THREE LINCOLN CENTRE VICE PRESIDENT
5430 LBJ FREEWAY, SUITE 1700 VALCOR, INC.
DALLAS, TEXAS 75240-2697 (972) 233-1700
(972) 233-1700
VALCOR ANNOUNCES COMPLETION OF TENDER OFFER FOR NOTES
Dallas, Texas . . . April 25, 1997 . . . Valcor, Inc., a wholly owned
subsidiary of Valhi, Inc. (NYSE:VHI), announced today the results of its offer
to purchase up to $86.7 million principal amount of Valcor's 9 5/8% Senior Notes
due 2003, for a cash purchase price equal to 100% of the principal amount plus
accrued and unpaid interest to the date of purchase. The offer expired at 5:00
p.m. (Dallas, Texas time) on April 24, 1997 and was not further extended.
Based on a final report provided by the depositary, holders had tendered
and not withdrawn approximately $27.6 million principal amount of the Notes, all
of which Valcor accepted for purchase. Following Valcor's purchase of the
tendered Notes, approximately $68.6 million principal amount of the Notes remain
outstanding.
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