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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, 1998
THE TIMES MIRROR COMPANY
(Exact Name of Registrant as Specified in Charter)
Delaware 1-13492 95-4481525
(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
Times Mirror Square, Los Angeles, California 90053
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (213) 237-3700
None
(Former Name or Former Address, if Changes Since Last Report)
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ITEM 5. OTHER EVENTS.
In a press release dated October 9, 1998, The Times Mirror Company
("Times Mirror") and Harcourt General, Inc. ("Harcourt General") jointly
announced the completion of the acquisition by Harcourt General of Times
Mirror's health sciences publisher Mosby, Inc.
Attached as Exhibit 99 and incorporated herein by reference to this
Form 8-K is a copy of the press release dated October 9, 1998 of Times Mirror
and Harcourt General.
ITEM 7. EXHIBITS.
(c) Exhibits
99 Press Release issued by The Times Mirror Company and
Harcourt General, Inc. on October 9, 1998
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 hereunto duly authorized.
Date: October 13, 1998
THE TIMES MIRROR COMPANY
By: /s/ WILLIAM A. NIESE
__________________________________
Name: William A. Niese
Title: Vice President
and General Counsel
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EXHIBIT 99
Contact
Peter Farwell Martha Goldstein Jean Jarvis
Corporate Relations Press Information Investor Information
Harcourt General Times Mirror Times Mirror
(617) 232-8200 (213) 237-3727 (213) 237-3955
FOR IMMEDIATE RELEASE
HARCOURT GENERAL AND TIMES MIRROR
COMPLETE MOSBY TRANSACTION
CHESTNUT HILL, Mass., October 9, 1998 - Harcourt General, Inc. (NYSE:H) and
The Times Mirror Company (NYSE:TMC) jointly announced today that Harcourt
General has completed the acquisition of Mosby, Inc., a professional health
science/medical publishing business, from Times Mirror. The transaction, which
was announced May 6, is valued at $415 million.
Mosby, which publishes more than 3,000 books and 100 periodicals in
nursing, allied health and medicine, has annual revenues of approximately $225
million. Mosby is now part of the Worldwide Scientific/Technical/Medical Group
of Harcourt Brace & Company, Harcourt General's publishing subsidiary. Other
medical publishers in that Group are leading global imprints W.B. Saunders and
Churchill Livingstone.
Harcourt General is a leading global multiple-media publisher and service
provider to established educational, trade and professional markets as well as
to emerging for-profit educational, career-training and assessment markets. The
Company is also a leading specialty retailer through its 53% controlling
interest in The Neiman Marcus Group (NYSE:NMG).
Times Mirror, a Los Angeles-based news and information company, publishes
the Los Angeles Times, The Baltimore Sun, The Hartford Courant, The Morning
Call, The (Stamford) Advocate and Greenwich Time; a wide array of professional
information for the aviation, training and health improvement markets, and
consumer magazines. Times Mirror newspapers have won a total of 58 Pulitzer
Prizes, among the highest of any news and information company in the country.
