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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report September 30, 1996
(Date of earliest event reported)
Serv-Tech, Inc.
(Exact name of registrant as specified in its charter)
Texas
(State or other jurisdiction of incorporation)
0-1788 1398757
(Commission File Number) (IRS Employer Identification Number)
5200 Cedar Crest Boulevard
Houston, Texas 77087
(Address of principal executive offices) (Zip Code)
713 644-9974
(Registrant's telephone number, including area code)
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Item 5. Other Events.
On September 30, 1996, Serv-Tech, Inc. (the "Company") announced the termination
of merger negotiations with HydroChem Industrial Services, Inc.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.1 News Release announcing the termination of merger
negotiations with HydroChem Industrial Services, Inc.
dated September 30, 1996.
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NEWS RELEASE
CONTACTS: David P. Tusa, Senior Vice- TELEPHONE: 713/644-9974
President Finance &
Administration
Pat Solis, Treasurer and
Investor Relations
SERV-TECH ANNOUNCES TERMINATION OF MERGER
DISCUSSIONS WITH HYDROCHEM
HOUSTON, TEXAS (30 September 1996) -- Serv-Tech, Inc. (NASDAQ - STEC)
today announced the termination of merger negotiations with HydroChem Industrial
Services. The parties were not able to reach final mutually-agreeable terms and
conditions. In light of this development the Company has engaged the investment
banking firm of Simmons & Company International to assist in exploring strategic
alternatives to enhance shareholder value.
SERV-TECH provides innovative specialty maintenance, electrical and
instrumentation, and environmental services and products to the hydrocarbon
processing, oil production, food, power, and pulp and paper industries
worldwide.
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