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) MARCH 21, 2005
--------------
--------------------
DEL GLOBAL TECHNOLOGIES CORP.
-----------------------------
(Exact name of registrant as specified in charter)
NEW YORK 0-3319 13-1784308
-------- ------ ----------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
ONE COMMERCE PARK, VALHALLA, NY 10595
---------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (914) 686-3650
--------------
(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 (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events
On March 21, 2005, the registrant issued a press release
announcing the receipt of a demand letter from the party with whom it had signed
a letter of intent for the sale of its Medical Systems Group that the buyer was
terminating negotiations under the letter of intent and demanding the immediate
payment of a $1.0 million payment under the letter of intent.
For additional information, reference is made to the press release
attached hereto as EXHIBIT 99.01.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
EXHIBIT NO. EXHIBITS
----------- --------
99.01 Press Release dated March 21, 2005.
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.
DEL GLOBAL TECHNOLOGIES CORP.
(Registrant)
Date: March 21, 2005
By: /s/ Mark A. Koch
----------------------------------
Mark A. Koch
Principal Accounting Officer
and Treasurer
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
- ----------- -----------
99.01 Press Release dated March 21, 2005