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: October 4, 1996
THE INTERLAKE CORPORATION
(Exact name of registrant as specified in its charter)
Delaware Commission File Number 1-9149 36-3428543
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
550 Warrenville Road, Lisle, Illinois 60532-4387
(Address of principal executive offices) (Zip Code)
(630)852-8800
(Registrant's telephone number, including area code)
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Item 5. Other Events.
The Interlake Corporation today announced that it has completed
the sale of its Packaging businesses to Samuel Manu-Tech Inc. The
press release by which The Interlake Corporation made the
announcement is attached as Exhibit 99.1.
Item 7. Exhibits
The following Exhibit is filed herewith and made part hereof:
Exhibit
Number Description of Document
99.1 Press Release dated October 4, 1996
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.
THE INTERLAKE CORPORATION
By
Stephen Gregory
Vice President-Finance and
Chief Financial Officer
(INTERLAKE LOGO)
FOR IMMEDIATE RELEASE
INTERLAKE COMPLETES SALE OF PACKAGING BUSINESSES
Lisle, Ill., October 4, 1996 The Interlake Corporation today announced
that it has completed the sale of its packaging businesses to Samuel Manu-
Tech Inc.
According to Stephen Gregory, Interlake's vice president finance and
chief financial officer, the net after-tax proceeds, expected to be
approximately $85 million, will be applied to the repayment of indebtedness.
In addition, Gregory indicated that a small portion of the proceeds may be
used to complete one or two pending acquisitions.
The Interlake Corporation is a multinational corporation engaged in the
design, manufacture and sale or distribution of products for the material
handling, automotive and aerospace industries.
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2R961004