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
Date of Report (Date of earliest event reported) July 1, 1994
Lone Star Industries, Inc.
Debtor-in-Possession
(Exact name of registrant as specified in its charter)
Delaware 1-2333 13-0982660
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
300 First Stamford Place, P. O. Box 120014, Stamford, CT 06912-0014
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (203) 969-8600
ITEM 5. OTHER EVENTS.
On July 1, 1994 Lone Star Industries, Inc. made public
disclosure of the following by a press release for immediate
release:
Stamford, Connecticut, July 1, 1994 --- Lone Star
Industries, Inc. (NYSE/LCE) announced today that it had
completed the sale of its interest in a cement plant
located in Medley, Florida to Tarmac America, Inc.
Tarmac America is a subsidiary company of Tarmac, PLC, a
large building materials and construction company located
in England.
The sale was for $21.7 million in cash and, as previously
reported, Lone Star will apply the proceeds of the
transaction to capital projects related to its ongoing
cement, aggregates and concrete operations.
The Federal Trade Commission granted both companies early
termination of the waiting period under the Hart-Scott-
Rodino Act as of June 10, 1994.
Lone Star Industries, Inc. is a producer of cement,
ready-mixed concrete, sand and gravel, crushed stone, and
other construction materials.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, Lone Star Industries, Inc. has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
LONE STAR INDUSTRIES, INC.
Debtor-in-Possession
By:
John S. Johnson
Vice President
Date: July 8, 1994