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):
June 16, 1994
THE PITTSTON COMPANY
(Exact Name of registrant as specified in its charter)
Virginia 1-9148 54-1317776
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of Incorporation)
100 First Stamford Place
P. O. Box 120070
Stamford, Connecticut 06912-0070
(Address of principal (Zip Code)
executive offices)
(203)978-5200
(Registrant's telephone number, including area code)
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Item 5. Other Events
The Pittston Company has announced that its Coal
Group subsidiaries have reached agreement with the United
Mine Workers of America for a successor collective
bargaining agreement that will remain in effect until
December 31, 1998, subject to ratification by the companies'
union employees. A press release dated June 16, 1994 is
filed as an exhibit to this report and is incorporated
herein by reference.
EXHIBIT
Registrant's press release dated June 16, 1994.
SIGNATURE
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.
THE PITTSTON COMPANY
(Registrant)
Austin F. Reed
By _________________________
Vice President
Date: June 17, 1994
<PAGE>
EXHIBIT
Exhibit Description
99 Registrant's press release
dated June 16, 1994.
Exhibit 99
THE PITTSTON COMPANY ANNOUNCES AGREEMENT
WITH UNITED MINE WORKERS OF AMERICA
Stamford, Ct. - June 16, 1994 - The Pittston Company announced
today that its Pittston Coal Group subsidiaries have reached
agreement with the United Mine Workers of America for a successor
collective bargaining agreement that will remain in effect until
December 31, 1998. The new agreement is subject to ratification
by the companies' union employees. That vote is expected to take
place in the next few days. The current labor agreement with the
UMWA expires on June 30.
* * * * *
Pittston Minerals Group Common Stock (NYSE - PZM) and Pittston
Services Group Common Stock (NYSE - PZS) represent the two
classes of common stock of The Pittston Company, a diversified
firm with interests in coal and gold mining, security services
through Brink's, Incorporated and Brink's Home Security, Inc. and
airfreight and logistics management services through Burlington
Air Express Inc.