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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: APRIL 12, 2001
DATE OF EARLIEST EVENT REPORTED: APRIL 12, 2001
SPX CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 1-6498 38-1016240
(State or other juris- (Commission File Number) (I.R.S. Employer
diction of incorpora- Identification
tion or organization) Number)
700 TERRACE POINT DRIVE
MUSKEGON, MICHIGAN 49443
(Address of principal executive offices)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (231) 724-5000
Item 7. Financial Statements and Exhibits.
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Exhibit Description
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99.1 Press Release issued April 12, 2001
Item 9. Regulation FD Disclosures.
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On April 12, 2001, the registrant issued the press release filed
as Exhibit 99.1 hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on behalf of
the undersigned hereunto duly authorized.
Dated: April 12, 2001
SPX CORPORATION
By: /s/ Christopher J. Kearney
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Christopher J. Kearney
Vice President, Secretary
and General Counsel
EXHIBIT INDEX
Exhibit Description
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99.1 Press Release issued April 12, 2001
EXHIBIT 99.1
Contacts: Charles A. Bowman
800-727-1779
E-mail: investor@spx.com
COURT ISSUES INTERIM ORDER IN SPX PROPOSED ACQUISITION OF UDI
MUSKEGON, MI, APRIL 12, 2001 -- SPX Corporation (NYSE: SPW) today announced
that, in connection with its previously announced proposed acquisition of
United Dominion Industries Limited, the Ontario Superior Court of Justice
has issued an interim order authorizing the calling, holding and conduct of
United Dominion's combined annual and special shareholders meeting to vote
on the acquisition.
United Dominion is a Canadian company and the acquisition will be
accomplished by a Court-approved plan of arrangement. The order, among
other things, set the date for the United Dominion shareholders meeting for
May 17, 2001. The order also set a hearing date of May 18, 2001 (or as soon
thereafter as practicable) for the Court to hear the application for an
order approving the plan of arrangement. Assuming approval by the United
Dominion shareholders, approval by the Court and satisfaction of the other
conditions to closing, including receipt of regulatory approvals, SPX
expects the acquisition to close on or about May 24, 2001.
SPX Corporation is a global provider of technical products and systems,
industrial products and services, service solutions and vehicle components.
More information about SPX is available at www.spx.com.
United Dominion is a diversified manufacturer of proprietary engineered
products in four business segments -- Flow Technology, Machinery, Specialty
Engineered Products, and Test Instrumentation. It has annual sales of $2.5
billion and 14,000 employees in 20 countries. More information about United
Dominion is available through its website -- www.uniteddominion.com.
Certain statements in this press release are forward-looking statements
within the meaning of Section 21E of the Securities Exchange Act of 1934,
as amended, and are subject to the safe harbor created thereby. Please
refer to the Company's public filings for discussion of certain important
factors that relate to forward-looking statements contained in this press
release. The words "believe," "expect," "anticipate," "estimate," and
similar expressions identify forward-looking statements. Although the
Company believes that the expectations reflected in its forward-looking
statements are reasonable, it can give no assurance that such expectations
will prove to be correct.