UNITED STATES 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
October 26, 1995
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Date of Report (Date of earliest event reported)
Harnischfeger Industries, Inc.
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(Exact name of registrant as specified in its
charter)
Delaware 1-9299 39-1566457
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(State or other (Commission IRS Employer
jurisdiction of File Number) Identification
incorporation) No.
13400 Bishops Lane, Brookfield, Wisconsin 53005
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(Address of principal executive offices)
(414) 671-4400
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(Registrant's telephone number, including area
code)
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(Former name or former address, if changed since
last report)
<PAGE>
Item 5. Other Events
On October 26, 1995, Harnischfeger
Industries, Inc. issued a News Release announcing
that the Dobson Park board has unanimously
recommended that its shareholders approve an
offer by Harnischfeger to purchase all of Dobson
Park's outstanding shares. Included as Exhibit I
to this Current Report on Form 8-K is
Harnischfeger Industries, Inc.'s News Release
dated October 26, 1995.
<PAGE>
FORM 8-K
SIGNATURES
Pursuant to the requirements of Securities
Exchange Act of 1934, the registrant has duly
caused this report to be signed on its
behalf by the undersigned hereunto duly
authorized.
HARNISCHFEGER INDUSTRIES,
INC.
(Registrant)
Date:October 26, By:/s/ Eric B. Fonstad
1995 ------------------------
Eric B. Fonstad
Senior Corporate Counsel
and Assistant Secretary
<PAGE>
EXHIBIT I
Contact:
John Nils Hanson
Executive Vice President
and Chief Operating Officer
(414)797-6840
James C. Benjamin
Vice President and
Controller
(414) 797-6870
David A.Brukardt
Director, Corp.
Communication
(414) 797-6474
HARNISCHFEGER ANNOUNCES AGREEMENT WITH DOBSON
PARK
MILWAUKEE -- Oct. 26, 1995 -- Harnischfeger
Industries, Inc. [NYSE: HPH] and Dobson Park
Industries plc today jointly announced that the
Dobson Park board has unanimously recommended
that its shareholders approve an offer by
Harnischfeger to purchase all of the outstanding
shares of Dobson Park at a price of 130 pence per
share. The offer values Dobson Park at $321.7
million (Pound 203.6 million). Dobson Park's primary
business, Longwall International, produces roof
support systems and face conveyors for the
underground mining industry. The offer also
provides that Dobson Park shareholders will
receive a previously forecasted dividend payment
of 3.3 pence per share.
"We are very pleased to receive the
recommendation of the board of Dobson Park for
our offer," said Jeffery T. Grade, Harnischfeger
chairman and chief executive officer. "The
resulting combination of Harnischfeger's Joy
Mining Machinery unit and Longwall International
will provide our global customers with the
world's most advanced longwall mining systems.
Customers will benefit from our strengthened
service infrastructure and integrated system
capability, which will enhance their
productivity. We welcome Dobson Park into the
Harnischfeger family."
******
Note: This offer is not being made directly or
indirectly in the United States, Canada,
Australia or Japan.
Harnischfeger Industries, Inc. is an
international holding company with business
segments involved in the manufacture and
distribution of equipment for papermaking (Beloit
Corporation), surface mining (P&H Mining
Equipment), underground mining (Joy Mining
Machinery), and material handling (P&H Material
Handling).
