<PAGE>
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: December 20, 1999
(Date of earliest event reported)
THOMAS & BETTS CORPORATION
(Exact name of registrant as specified in its charter)
Tennessee 1-4682
(State or Other Jurisdiction (Commission File Number)
of Incorporation)
22-1326940
(IRS Employer Identification No.)
8155 T&B Boulevard
Memphis, Tennessee 38125
(Address of Principal (ZIP Code)
Executive Offices)
Registrant's Telephone Number, Including Area Code:
(901) 252-8000
<PAGE>
ITEM 5. OTHER EVENTS
On December 20, 1999, Thomas & Betts Corporation (the "Registrant")
announced, in the press release attached as Exhibit 20 to this report and
incorporated herein by reference, that it has completed its previously reported
review of certain accounting matters.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
20 Press Release of the Registrant dated December 20, 1999.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Thomas & Betts Corporation
(Registrant)
By: /s/JERRY KRONENBERG
----------------------------------
Jerry Kronenberg
Title: Vice President-General Counsel
and Secretary
Date: December 20, 1999
<PAGE>
EXHIBIT INDEX
Exhibit Description of Exhibits
------- -----------------------
20 Press Release of the Registrant dated December 20, 1999.
<PAGE>
Exhibit 20
Contact: Renee Johansen
(901) 252-5466
FOR IMMEDIATE RELEASE
Thomas & Betts Completes Accounting Review
MEMPHIS, Tenn. - December 20, 1999 Thomas & Betts Corporation (NYSE:TNB)
today announced that it has completed its previously reported review of
certain accounting matters which had largely resulted from or had been
identified by conversions of its worldwide financial systems. As a result of
that review, the company concluded, with the concurrence of its independent
auditors, KPMG LLP, that attribution of adjustments to the first and third
quarters of 1999 as previously announced should be modified. That
modification results in a $2.2 million increase in first-quarter net earnings
and a $3.1 million decrease in third-quarter net earnings from amounts
disclosed in the company's Form 10-Q filed November 17, 1999.
Consequently, revised Forms 10-Q/A to be filed shortly for the first and
third quarters are expected to reflect net income for the first quarter of
1999 of $34.5 million, or $0.60 per diluted share, and net income for the
third quarter of 1999 of $46.9 million, or $0.81 per diluted share.
Thomas & Betts is a leading producer of connectors and components for
worldwide electrical and electronic markets. Visit Thomas & Betts on the
World Wide Web at www.tnb.com.
