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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) or
The Securities Act of 1934
Date of Report (date of earliest event reported) January 20, 1998
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TLII LIQUIDATING CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 0-15167 36-2747735
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
Incorporation)
361 Park Avenue, Glencoe, IL 60022
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(Address of principal executive offices)
Registrant's telephone number, including area code 847-835-5350
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TRANS LEASING INTERNATIONAL, INC., 3000 Dundee Road, Northbrook, IL 60062
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
The Registrant has announced that it will pay a final liquidating
dividend to holders of its common stock as of February 3, 1998. See the press
release attached hereto as an exhibit.
Item 7. Financial Statements and Exhibits.
(c) Exhibits. Press release dated January 20, 1998 regarding
liquidating distribution.
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed by the undersigned
hereunto duly authorized.
TLII LIQUIDATING CORPORATION
By
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January 22, 1998 Michael Heyman
President
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FOR IMMEDIATE RELEASE
GLENCOE, IL - January 20, 1998
TLII Liquidating Corp., formerly named Trans Leasing International,
Inc. (NASDAQ symbol TLII), announced today that a liquidating distribution of
$10.17 per share of its common stock would be made to holders of record as of
the close of business on February 3, 1998. The company sold its business to
General Electric Capital Corporation in December. After the record date, the
stock transfer books will be closed and the shares will cease to be quoted on
NASDAQ. Harris Trust and Savings Bank has been appointed paying agent for the
liquidating distribution. Letters of transmittal to be used in surrendering
stock certificates for payment will be mailed shortly after the record date.
For information regarding surrender of certificates, call the paying
agent at 312-461-5222.
