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 - March 9, 1998
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(Date of Earliest Event Reported)
Carpenter Technology Corporation
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(Exact Name of Registrant as specified in its charter)
Delaware 1-5828 23-0458500
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(State of Incorporation) (Commission File No.) (IRS Employer I.D. No.)
101 West Bern Street, Reading Pennsylvania, 19601
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(Address of principal executive offices)
Registrant's telephone number, including area code: (610) 208-2000
The Exhibit Index is located on Page 4 of 5
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Item 5. Other Events.
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On March 9, 1998, the Registrant announced a public offering of 3,162,500
shares of its common stock at $48.0625 per share. All of the shares are being
sold by the Registrant and net proceeds from the sale will be used to repay
debt incurred to finance the acquisition of Talley Industries, Inc. The
acquisition of Talley was completed on February 19, 1998.
The underwriting group is managed by J. P. Morgan & Co.; Credit Suisse
First Boston; Bear, Stearns & Co. Inc.; and Paine Webber Incorporated.
Item 7. Financial Statements and Exhibits.
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(a) and (b) None.
c Exhibits:
Item 99. Press Release dated March 9, 1998.
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SIGNATURES
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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.
Date: March 16, 1998 CARPENTER TECHNOLOGY
CORPORATION (Registrant)
By: s/John R. Welty
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John R. Welty
Vice President
General Counsel and Secretary
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