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): June 24, 1999
Tektronix, Inc.
(Exact name of registrant as specified in its charter)
OREGON 1-4837 93-0343990
(State or other jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
26600 SW PARKWAY WILSONVILLE, OREGON 97070-1000
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (503) 627-7111
NOT APPLICABLE
(Former name, former address and former fiscal year,
if changed since last report)
Item 5. Other Events
On June 24, 1999, Tektronix, Inc. announced that its Board of Directors
unanimously approved a plan to separate into two independent publicly traded
companies. One will be comprised of Tektronix' Measurement Business Division,
and the other will contain the Color Printing and Imaging Division. Jerry Meyer,
who is currently the chairman, president and chief executive officer of
Tektronix, Inc., will become chief executive officer of the new color printing
and imaging company. Carl Neun, currently the chief financial officer of
Tektronix, Inc., will become the chief executive officer of the measurement
company. Both Meyer and Neun will continue in their current positions at
Tektronix until the separation is complete. Rick Wills, currently president of
the Measurement Business Division, will become president of the measurement
company, and Gerry Perkel, currently president of CPID, will become president of
the new color printing and imaging company. In addition, Tektronix announced
that it intends to sell or find a strategic alliance for its Video and
Networking Division, excluding the VideoTele.com business unit. The news release
is attached as Exhibit 99.
Item 7. Financial Statements and Exhibits
Exhibit No. Description
99 News release dated June 24, 1999
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SIGNATURE
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.
Tektronix, Inc.
By: JAMES F. DALTON
-------------------------------------
Date: June 30, 1999 Vice President, General Counsel
and Secretary
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EXHIBIT INDEX
Exhibit No. Description
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99 News release dated June 24, 1999