form8k-settlementyorktowne.htm
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):
July
23,
2007
MATTHEWS
INTERNATIONAL CORPORATION
(Exact
name of registrant as specified in its charter)
|
Pennsylvania
|
0-9115
|
25-0644320
|
|
(State
or other jurisdiction of incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
Two
NorthShore Center, Pittsburgh,
PA 15212-5851
(Address
of principal executive
offices) (Zip Code)
Registrant's
telephone number,
including area code: (412) 442-8200
Item
7.01 Regulation FD Disclosure
Matthews
International Corporation reported on July 23, 2007 that its wholly-owned
subsidiary, The York Group, Inc.(“York”), reached a settlement agreement after
the close of business on July 20, 2007 with Yorktowne Caskets, Inc. and its
shareholders (“Yorktowne”) with respect to all outstanding litigation between
the parties. In exchange for the mutual release, the principal terms
of the settlement included the assignment by Yorktowne of certain customer
and
employment-related contracts to York and the purchase by York of certain assets,
including York-product inventory, of Yorktowne.
The purchase price for the assets was $7.7 million, plus
the
value of inventory acquired.
A
copy of
the press release is attached hereto as Exhibit 99.1.
Item
9.01 Financial Statements and Exhibits
(c)
Exhibits
99.1
Press release, dated July 23,
2007, issued by Matthews International Corporation.
SIGNATURES
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 hereunto
duly authorized.
MATTHEWS
INTERNATIONAL CORPORATION
(Registrant)
By Steven
F. Nicola
----------------------------------
Steven
F. Nicola
Chief
Financial Officer,
Secretary
and Treasurer
Date:
July 24, 2007