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): February 25, 1998
Oak Industries Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-4474 36-1569000
(State or other juris- (Commission File (IRS Employer
diction of incorporation) Number) Identification No.)
1000 Winter Street
Waltham, MA 02154
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 781-890-0400
Same
(Former name or former address, if changed since last report.)
ITEM 5. OTHER EVENTS
On February 25, 1998, Oak Industries Inc. issued the press release filed
herewith as Exhibit 99.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS
The following financial statements, pro forma financial information and
exhibits are filed as part of this report.
(c) Exhibits
99. Press release dated February 25, 1998.
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.
OAK INDUSTRIES INC.
Date: February 25, 1998 /s/ Coleman S. Hicks
---------------------------
Coleman S. Hicks
Senior Vice President and
Chief Financial Officer
Exhibit 99
FOR IMMEDIATE RELEASE Contact: Coleman S. Hicks
781-890-0400
OAK INDUSTRIES INC. ANNOUNCES CLOSING ON SALE OF $100 MILLION
OF 4 7/8% CONVERTIBLE SUBORDINATED NOTES DUE 2008
WALTHAM, MA, February 25, 1998 -- Oak Industries Inc. (NYSE:OAK) today
announced that it had closed the sale of its previously announced issue of
$100 million of 4 7/8% Convertible Subordinated Notes due 2008 (the
"Notes"). The Notes are convertible into common stock of the Company at a
conversion price of $38.66 per share, representing an initial conversion
premium of approximately 27% over the closing price on February 19, 1998.
The Notes will be not be registered under the Securities Act of 1933, as
amended (the "Securities Act"), and may not be offered or sold in the
United States, except pursuant to an applicable exemption from the
Securities Act's registration requirements.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the Notes.
Oak Industries is a leading manufacturer of highly engineered components
that it designs and sells to manufacturers and service providers in the
communications and selected other industries.
