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Trans Lux Corp · 8-K · For 3/28/03

Filed On 4/1/03, 5:51pm ET   ·   Accession Number 99106-3-9   ·   SEC File 1-02257

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  As Of                Filer                Filing    For/On/As Docs:Size

 4/02/03  Trans Lux Corp                    8-K:2,7     3/28/03    3:65K

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         8K for Sale                                            2±     9K 
 2: EX-10       Sale Agreement                                        23±    80K 
 3: EX-99       Press Release                                          1      7K 


8-K   —   8K for Sale
Document Table of Contents

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11st Page   -   Filing Submission
"Item 2. Acquisition or Disposition of Assets
"Item 7. Financial Statements and Exhibits


UNITED STATES 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) March 28, 2003 TRANS-LUX CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-2257 13-1394750 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 110 Richards Avenue, Norwalk, CT 06856-5090 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (203) 853-4321 (Former name or former address, if changed since last report.)-N/A Item 2. Acquisition or Disposition of Assets On March 28, 2003, a wholly-owned subsidiary, Trans-Lux West Corporation, sold its custom sports division, including licensing of intellectual property and its facility located in Logan, Utah to Barco, Inc., for a cash price of approximately $3.7 million, plus assumption of two Industrial Revenue Bonds totaling approximately $4.2 million, for an approximate total sale price of $7.9 million. Current assets sold include approximately $1.1 million net book value of accounts receivable and inventory. Non-current assets sold include approximately $4.7 million net book value of land, building, machinery and equipment and goodwill. The assets disposed of represent less than 20 per cent of the Registrant's total assets The foregoing is only a brief summary of the Asset Purchase Agreement and reference is made to the entire agreement which is filed as an exhibit to this report. Item 7. Financial Statements and Exhibits (c) Exhibits. 10(a) Asset Purchase Agreement regarding the acquisition of certain assets of Trans-Lux West Corporation, a wholly-owned subsidiary of Trans-Lux Corporation, by Barco, Inc. dated March 28, 2003. 99.1 Press release dated March 31, 2003. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRANS-LUX CORPORATION By:/s/ Angela D. Toppi ------------------------------ Angela D. Toppi Executive Vice President and Chief Financial Officer Date: April 1, 2003

Dates Referenced Herein   and   Documents Incorporated By Reference

This 8-K Filing   Date   Other Filings
For The Period Ended3/28/0310-K, 8-K
3/31/0310-Q
Filed On4/1/03
Filed As Of4/2/03
 
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Filing Submission 0000099106-03-000009   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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