<PAGE> 1
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) October 9, 1997
-------------------
THE GEON COMPANY
--------------------------------------------------------
(Exact name of registrant as specified in charter)
Delaware 1-11804 34-1730488
- -------------------------------------------------------------------------------
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
One Geon Center, Avon Lake, Ohio 44012
---------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 216-930-1241
-------------------
Not Applicable
--------------------------------------------------------------
(Former name or former address, if changed since last report.)
<PAGE> 2
Item 5. Other Events
- ------- ------------
The Geon Company announced that the Company's wholly-owned subsidiary, 1250828
Ontario Inc., has mailed an Offer to Purchase for all the voting and non-voting
shares to the shareholders of Synergistics Industries Limited. The offer price
for the voting and non-voting shares is $22.00 (CDN) per share, payable in cash.
Item 7(c) Financial Statements, Pro Forma Financial Information and Exhibits
- --------- ------------------------------------------------------------------
Exhibit 99.1 Press Release of October 9, 1997 announcing the making of a
take-over bid for Synergistics Industries.
SIGNATURE
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.
TBE GEON COMPANY
By /s/Gregory L. Rutman
----------------------
Gregory L. Rutman
Secretary
Dated October 9, 1997
<PAGE> 1
Exhibit 99.1
------------
NEWS RELEASE
- ------------
GEON ANNOUNCES THE MAKING OF A TAKE-OVER BID
FOR SYNERGISTICS INDUSTRIES
Cleveland, Ohio - October 9, 1997 - The Geon Company (NYSE: GON), following its
announcement of October 2, 1997, announced today that its wholly-owned
subsidiary, 1250828 Ontario Inc., has mailed an Offer to Purchase for all the
voting and non-voting shares to the shareholders of Synergistics Industries
Limited (TSE: SGX).
The offer price for the voting and non-voting shares is $22.00 (CDN) per share,
payable in cash, which represents a 144 percent premium over the closing price
of the non-voting shares, 90 days prior to the announcement of the transaction
on October 2, 1997.
The take-over bid will be outstanding for 22 days and will expire at 5:00 p.m.
(local time at the place of deposit) on October 30, 1997, unless withdrawn or
extended.
***
Media & Investor inquiries: Dennis Cocco
(440) 930-1538
