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 (Date of Earliest Event Reported):
January 7, 1994
HOLNAM INC.
State of Delaware -- Commission File No. 1-104-67
IRS Employer Identification No. 38-29437350
6211 North Ann Arbor Road, Dundee, Michigan 48131
Telephone No.: (313) 529-4314.
The Exhibit Index is located on page 3.
The total number of pages is 5.
ITEM 5. OTHER EVENTS.
On January 7, 1994 Holnam Inc. announced that Holderbank
Financiere Glaris Ltd., a 95% majority stockholder, approved a
short form Delaware merger which will have the effect of
increasing its equity ownership of Holnam to 100 percent.
Additional details are set forth on the attached public
announcement (EXHIBIT A).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Company has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
HOLNAM INC.
By: /s/ Robert J. Moir
-----------------------------
Robert J. Moir
Vice President and Secretary
(A duly authorized signatory
of the Company)
DATED: March 11, 1993
EXHIBIT INDEX
Exhibit Table
Number Exhibit Page
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28 Exhibit A - Company's Press Release
dated January 7, 1994. 4
Thomas A. Chizmadia
Vice President
Corporate Communications
313-529-4306
HOLDERBANK ANNOUNCES PLANS
TO TAKE HOLNAM INC. PRIVATE
Dundee, MI, January 7--Holnam Inc. (NYSE: HLN) announced that its
95% majority stockholder, Holderbank Financiere Glaris Ltd.,
today approved a short form Delaware merger which will have the
effect of increasing its equity ownership of Holnam to 100
percent. Concurrently with the merger, each minority owned share
of Holnam Common Stock (par value $0.01 per share) will be
converted into the right to receive $7.65 cash per share. The
merger is expected to become final by mid- February, 1994.
No approval by Holnam's minority stockholders is required,
although statutory appraisal rights will be available to any
dissenting holders. Required notification and a disclosure
statement will be mailed to all stockholders in approximately
fourteen days.
Holnam Inc. is a leading producer of cement in North America. It
is a subsidiary of Holderbank Financiere Glaris Ltd. of
Switzerland, one of the world's largest manufacturers of cement
and allied construction materials.
