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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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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 25, 1999
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LEAR CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 1-11311 13-3386776
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
21557 Telegraph Road
Southfield, Michigan 48086-5008
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(Address of principal executive offices) (zip code)
(248) 447-1500
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(Telephone number, including
area code, of agent for service)
No Change
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(Former name or former address,
if changes since last report)
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ITEM 5. OTHER EVENTS.
As previously reported by the Registrant, in a Current Report on Form
8-K dated May 7, 1999, Lear Corporation entered into a definitive purchase
agreement with Johnson Electric Holdings Limited to sell its recently acquired
Electric Motor Systems (EMS) business. The sale was completed on June 25, 1999,
for $310 million. Lear acquired the EMS business in its May 4, 1999 acquisition
of UT Automotive, Inc. EMS is a supplier of industrial and automotive electric
motors and starter motors for small gasoline engines. EMS had 1998 sales of $351
million and has approximately 3,300 employees operating at locations in 10
countries.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
A. Financial Statements.
Not applicable.
B. Exhibits
None.
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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 hereunto duly authorized.
LEAR CORPORATION
/s/ Donald J. Stebbins
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Donald J. Stebbins
Senior Vice President and
Chief Financial Officer
June 30, 1999
