UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): May 14, 1999
Steritek, Inc.
(Exact name of registrant as specified in its charter)
New Jersey 0-12547 22-2243703
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
121 Moonachie Avenue
Moonachie, NJ 07074
(Address of principal executive offices)
(Zip Code)
(201) 460-0500
(Registrant's telephone number, including area code)
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Item 5. Other Events
Steritek, Inc. is pleased to announce today the consummation of a merger
of Steritek with QPSI Steritek Acquisition, Inc., a wholly-owned subsidiary
of Quality Packaging Specialists, Inc. ("QPSI"), pursuant to an Agreement and
Plan of Merger ("Agreement"), dated December 4, 1998. Under the terms of the
Agreement, QPSI Steritek Acquisition, Inc. was merged with and into Steritek,
with Steritek becoming a wholly-owned subsidiary of QPSI. Each outstanding
share of Steritek common stock was converted into the right to receive $1.39
per share, net to the seller in cash (except Albert J. Wozniak, who holds
approximately 67% of Steritek common stock, who received cash and a promissory
note), for aggregate consideration of $5,555,155.40. As a result of the
merger, Steritek's shares will no longer be traded or listed in the public
market. QPSI and Steritek are engaged in contract packaging and promotional
materials assembly.
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STERITEK, INC. AND SUBSIDIARIES
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, thereunto duly authorized.
Steritek, Inc.
By/s/ James K. Wozniak
----------------------
James K. Wozniak, Vice President,
Chief Financial Officer and
Secretary (principal financial
and accounting officer)
Date: May 14, 1999
