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 May 14, 1997
(Date of earliest even reported)
Commission File Number 0-14973
UNICO, INC.
(Exact name of registrant as specified in its charter)
New Mexico 85-0270072
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
1921 Bloomfield Blvd., Farmington, New Mexico 87401
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (505) 326-2668
<PAGE>
ITEM 5. OTHER EVENTS
(a) With respect to the Agreement and Plan of Merger, ("Merger
Agreement"), dated July 30, 1996, between the Registrant and Chatfield
Dean & Co., as reported in the Registrant's Form 8-K filed as of July
30, 1996, the Merger Agreement was terminated effective May 14, 1997.
There are no current plans between the parties to renegotiate a new
merger agreement. The Form S-4 dated February 10, 1997 as filed with
the Commission by the Registrant will be withdrawn.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) Exhibits
Exhibit 99 - A copy of a press release dated May 14, 1997 issued by the
Registrant announcing the termination of the Merger Agreement,
(discussed in Item 5 (a) above), is filed herewith as part of this Form
8-K.
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.
UNICO, INC.
(Registrant)
Date: May 16, 1997
By Rick L. Hurt
Rick L. Hurt
Controller, Secretary,
Treasurer and Director
<PAGE>
EXHIBIT 99
FOR IMMEDIATE RELEASE
Farmington, New Mexico - Unico, Inc. (NASDAQ: UNRC) and Chatfield Dean &
Co. announced today that they have mutually agreed that it is in the best
interests of their respective shareholders to terminate the proposed merger
of the two firms. Both companies stated that the proposed merger encountered
certain insurmountable business obstacles. Unico and Chatfield will
continue in their current lines of business and pursue other alternatives to
achieve their respective goals.
For More Information, Call:
William N. Hagler, Chairman For Immediate Release
Rick L. Hurt, Secretary/Treasurer May 14, 1997
Unico, Inc. Nasdaq
Tel: 505-326-2668 Small Cap Market
Fax: 505-326-2660 SYMBOL:UNRC
