TIMES MIRROR CO /NEW/
8-K, 1998-08-04
NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING
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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): July 31, 1998




                            THE TIMES MIRROR COMPANY
               (Exact Name of Registrant as Specified in Charter)


<TABLE>
<S>                                        <C>                                       <C>       
           Delaware                                1-13492                              95-4481525
  (State or Other Jurisdiction             (Commission File Number)                   (I.R.S. Employer
       of Incorporation)                                                             Identification No.)
</TABLE>

            Times Mirror Square                                     90053
          Los Angeles, California
  (Address of Principal Executive Offices)                       (Zip Code)



       Registrant's telephone number, including area code: (213) 237-3700

                                      None
          (Former Name or Former Address, if Changed Since Last Report)



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ITEM 5.  OTHER EVENTS

In a press release dated July 31, 1998, The Times Mirror Company ("Times
Mirror") announced the completion of the acquisition by Reed Elsevier plc of the
Company's legal publisher Matthew Bender & Company and its 50 percent ownership
interest in legal citation provider Shepard's.

Attached as Exhibit 99 and incorporated herein by reference to this Form 8-K is
a copy of the press release dated July 31, 1998 of Times Mirror.

ITEM 7.  EXHIBITS

                  (c)      Exhibit

<TABLE>
<S>                                         <C>
                               99           Press release issued by The Times 
                                            Mirror Company on July 31, 1998.
</TABLE>



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                                   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.



                                            THE TIMES MIRROR COMPANY



Date:  August 3, 1998                       By: /s/ THOMAS UNTERMAN
                                               ---------------------------------
                                               THOMAS UNTERMAN
                                               Executive Vice President and
                                               Chief Financial Officer



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                                                                      EXHIBIT 99

                           [TIMES MIRROR LETTERHEAD]

For Immediate Release

                       Times Mirror Completes Transaction

     LOS ANGELES, CALIFORNIA, July 31, 1998--The Times Mirror Company announced
today the completion of the acquisition by Reed Elsevier plc of the Company's
legal publisher Matthew Bender & Company and its 50 percent ownership interest
in legal citation provider Shepard's. The transaction is valued at $1.65
billion and was first announced on April 27, 1998.

     As previously announced, Times Mirror has reached an agreement with
Harcourt General, Inc. with respect to its acquisition of health sciences
publisher, Mosby, Inc. Times Mirror expects to complete that transaction in
the 1998 third quarter.

     Times Mirror (TMC--New York and Pacific Stock exchanges), a Los
Angeles-based news and information company, publishes the Los Angeles Times,
Newsday, The Baltimore Sun, The Hartford Courant, The Morning Call, The
(Stamford) Advocate and Greenwich Time; a wide array of professional
information for the legal, health improvement, aviation and training 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.

                                      ###

Press Information                              Investor Information
Martha H. Goldstein                            Jean M. Jarvis
(213) 237-3727                                 (213) 237-3955


 


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