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: August 14, 1998
SPX Corporation
(Exact name of registrant as specified in charter)
Delaware 1-6948 38-1016240
(State or other (Commission (I.R.S. Employer
Jurisdiction of File Number Identification
Incorporation) Number)
700 Terrace Point Drive, Muskegon, Michigan 49443-3301
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(616) 724-5000
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Item 5. Other Events
Contact: Charles A. Bowman
616-724-5194
E-mail: [email protected]
SPX Comfortable with Analysts' Composite Estimate for 1999
MUSKEGON, MI - August 14, 1998 - Today, John B. Blystone, Chairman,
President and CEO of SPX Corporation (NYSE:SPW) and Patrick J. O'Leary, Chief
Financial Officer of SPX, in a meeting with securities analysts expressed that
SPX is comfortable with the composite securities analysts' earnings per share
estimate of approximately $4.85 per share (diluted) for 1999. This amount
presumes that the merger with General Signal (NYSE:GSX) is consummated early in
the fourth quarter of 1998. This figure also does not take into effect any
charges or gains that may occur as a result of integrating or restructuring the
businesses of the combined company, any acquisitions or divestitures, or any
other non-recurring or unusual events.
Forward-Looking Statements
The above paragraph contains information that is forward-looking and is
thus prospective. This forward-looking statement is subject to risks,
uncertainties and other factors which could cause actual results to differ
materially from future results expressed or implied by the forward-looking
statement. More information regarding such risks can be found in the Company's
quarterly and annual SEC filings, the Company's Registration Statement on Form
S-4 filed on August 7, 1998, and General Signal's quarterly and annual SEC
filings.
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SIGNATURES
Pursuant to the requirement 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.
SPX CORPORATION
(registrant)
Dated: August 14, 1998 By: /s/ Patrick J. O'Leary
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Patrick J. O'Leary
Senior Vice President, Finance,
and Chief Financial Officer
