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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Date of Report (Date of Earliest Event Reported) December 2, 1996
CURRENT REPORT PURSUANT TO SECTION 13 or 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Commission file number: 1-13418
FALCON BUILDING PRODUCTS, INC.
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE 36-3931893
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
TWO NORTH RIVERSIDE PLAZA
CHICAGO, ILLINOIS 60606
(Address of Principal Executive Office)
(312) 906-9700
(Registrant's telephone number, including area code)
NOT APPLICABLE
(FORMER NAME, FORMER ADDRESS AND FORMER FISCAL YEAR, IF CHANGED SINCE LAST
REPORT)
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ITEM 5. OTHER EVENTS
On December 2, 1996 Falcon Building Products, Inc. (the "Company") issued a
press release regarding the Board of Directors' decision to explore a broad
range of strategic alternatives to enhance shareholder value in the Company.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press release dated December 2, 1996 issued by Falcon Building
Products, Inc.
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 thereunto duly authorized.
FALCON BUILDING PRODUCTS, INC.
By: /s/ Sam A. Cottone
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Sam A. Cottone
Senior Vice President and
Chief Financial Officer
Dated: December 2, 1996
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
DECEMBER 2, 1996
FALCON BUILDING PRODUCTS TO
EXPLORE STRATEGIC ALTERNATIVES
CHICAGO, IL, December 2, 1996 -- The Board of Directors of Falcon Building
Products, Inc. (NYSE: FB) announced today that it has decided to explore a
broad range of strategic alternatives to enhance shareholder value in the
Company. Alternatives under consideration include the sale of the entire
Company or its individual businesses. The Company has retained Merrill Lynch
& Co. and Smith Barney, Inc. to render financial advice in this regard.
Headquartered in Chicago, Falcon Building Products is a leading North
American manufacturer and supplier of highly engineered building products
serving residential, light commercial and consumer markets. The Falcon
businesses include Hart & Cooley, a manufacturer of air distribution
products, Mansfield Plumbing Products, a manufacturer of china, steel and
acrylic plumbing products, and DeVilbiss Air Power, a manufacturer of air
compressors, pressure washers, portable generators and accessories/tools.