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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (Date of earliest
event reported) July 14, 1995
Tambrands Inc.
(Exact name of registrant as specified in its charter)
Delaware 1-8714 (13-1366500)
(State of (Commission File Number) (IRS Employer
incorporation) Identification No.)
777 Westchester Avenue, White Plains, New York 10604
(Address of principal executive offices) (Zip Code)
(914) 696-6000
(Registrant's telephone number,
including area code)
N/A
(Former name or former address, if changed since last report)
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Items 1-4. Not Applicable.
Item 5. Other Events.
The Company issued a press release on July 14, 1995.
Item 6. Not Applicable.
Item 7. Exhibits.
99.1 Press Release of the Company dated
July 14, 1995.
Item 8. Not Applicable.
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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 thereunto duly authorized.
Tambrands Inc.
By /s/Raymond F. Wright
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Name: Raymond F. Wright
Title: Senior Vice President --
Chief Financial Officer
Date: July 14, 1995
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EXHIBIT INDEX
Sequentially
Exhibit No. Description Numbered Page
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99.1 Press Release of the Company
dated July 14, 1995
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Investor Contact: Media Contact:
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Kathy B. Makrakis Bruce P. Garren
(914) 696-6509 (914) 696-6540
FOR IMMEDIATE RELEASE (Friday, July 14, 1995)
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TAMBRANDS TO TAKE $8.7 MILLION LITIGATION CHARGE;
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SECOND QUARTER OTHERWISE IN LINE WITH ANALYST ESTIMATES
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White Plains, New York--July 14, 1995--Tambrands Inc. (NYSE:TMB) announced
today that it will take a charge of approximately $8.7 million after tax ($11.4
million pre-tax) to provide for expenses related to several previously disclosed
legal proceedings. The charge will provide for several pending legal actions
related to previously divested non-tampon businesses and for a securities class
action filed in 1993 and currently pending in federal court in New York. The
Company said it had reached agreement on settlement with plaintiffs in that
action, subject to court approval.
The litigation charge will be taken against second-quarter earnings, which will
be released on July 26. The Company said it expects second-quarter net income,
excluding this charge, to be in line with current analyst estimates.
Tambrands has manufactured Tampax(R) tampons for almost 60 years, and today is
the worldwide market leader. Tampax tampons are sold in over 150 countries;
major markets include the United States, the United Kingdom, France, Canada,
Spain and Russia.
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