UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): June 2, 2009
Technitrol, Inc.
(Exact name of registrant as specified in its charter)
Commission File Number: 001-05375
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PA
(State or other jurisdiction of
incorporation)
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23-1292472
(IRS Employer
Identification No.) |
1210 Northbrook Drive, Suite 470, Trevose, PA 19053
(Address of principal executive offices, including zip code)
(215) 942-8400
(Registrants telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Information to be included in the report
Item 1.01 Entry into a Material Definitive Agreement.
On June 2, 2009, Technitrol through its wholly-owned subsidiaries entered into a Share Purchase
Agreement to sell its Medtech components business to Xilco A/S. The purchase price for the
business is expected to be $200 million in cash subject to final working capital adjustments. The
Purchase Agreement contains customary covenants, representations and warranties. Consummation of
the transaction is subject to no material adverse change occurring and other customary closing
conditions.
The foregoing summary is not complete and is qualified in its entirety by reference to the full
text of the Share Purchase Agreement attached hereto as Exhibit 2.1 which is incorporated herein by
reference. Investors in Technitrol and other persons not party to the Purchase Agreement should
not rely for any purpose on the covenants, representations or warranties made therein, or consider
them as statements of fact or as representing the current state of Technitrols affairs.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit 2.1
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Share Purchase Agreement dated June 2, 2009 between Pulse Denmark ApS and Xilco A/S. |