SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES AND EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): November 25, 1996
Commission File No. 1-106
LYNCH CORPORATION
(Exact name of Registrant as specified in its charter)
Indiana 38-1799862
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification
No.)
8 Sound Shore Drive, Suite 290, Greenwich, Connecticut 06830
(Address of principal executive offices) (Zip code)
(203) 629-3333
Registrant's telephone number, including area code
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ITEM 5. OTHER EVENTS
On November 25, 1996, a subsidiary of Registrant closed the
acquisition of the stock of Dunkirk & Fredonia Telephone Company. The
purchase price for the stock was approximately $22 million.
Registrant's subsidiary borrowed approximately $20.5 million in connection
with the purchase, a portion of which was guaranteed by Registrant under
certain circumstances.
On December 5,1996, Registrant announced that is examining the
possibility of splitting, through a spin-off, either its multimedia
operations or its manufacturing operations. There are a number of matters
to be examined in connection with a possible spin-off, including tax
consequences, and there is no assurance that such a spin-off will be
effected.
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.
LYNCH CORPORATION
Date: December 9, 1996 By:/s/ Robert E. Dolan
Robert E. Dolan
Chief Financial Officer
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