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
December 18, 1997
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(Date of Report, date of earliest event reported)
VALHI, INC.
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(Exact name of Registrant as specified in its charter)
Delaware 1-5467 87-0110150
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State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
5430 LBJ Freeway, Suite 1700, Dallas, TX 75240-2697
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(Address of principal executive offices) (Zip Code)
(972) 233-1700
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(Registrant's telephone number, including area code)
(Former name or address, if changed since last report)
Item 5: Other Events
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On December 18, 1997, a subsidiary of the Registrant, CompX
International Inc., issued the press release attached hereto as Exhibit 99.1,
which is incorporated herein by reference.
Item 7: Financial Statements, Pro Forma Financial Information
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and Exhibits
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(c) Exhibit
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Item No. Exhibit Index
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99.1 Press release dated December 18, 1997
issued by the CompX International Inc.
SIGNATURES
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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
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Steven L. Watson
Vice President & Secretary
PRESS RELEASE
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CONTACT:
CompX International Inc. Joseph S. Compofelice
200 Old Mill Road Chief Financial Officer
Mauldin, South Carolina 29662 (281) 423-3303
COMPX ANNOUNCES INITIAL PUBLIC OFFERING
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DALLAS, TEXAS ... December 18, 1997 ... CompX International Inc. today
filed with the Securities and Exchange Commission a registration statement
relating to an initial public offering of shares of its common stock. CompX is
a leading manufacturer of ergonomic computer support systems, precision ball
bearing drawer slides and locking systems.
All of the shares offered will be sold by CompX and the proceeds of such
offering will be available for CompX's general corporate purposes, including
repayment of certain third-party indebtedness expected to be incurred prior to
completion of the offering and to pursue internal and external growth
opportunities. CompX's controlling shareholder, Valcor, Inc., a wholly-owned
subsidiary of Valhi, Inc. (NYSE: "VHI"), will not sell shares in the offering.
Salomon Smith Barney, NationsBanc Montgomery Securities, Inc. and Wheat First
Butcher Singer will manage the offering.
The registration statement relating to these securities 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 press
release shall not constitute an offer to sell or the solicitation of an offer to
buy, nor shall there be any sale of these securities, in any jurisdiction in
which such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such jurisdiction.
