SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
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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): October 2, 1998
BEL FUSE INC.
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(Exact name of registrant as specified in its charter)
New Jersey 0-11676 22-1463699
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
198 Van Vorst Street, Jersey City, New Jersey 07302
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (201) 432-0463
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(Former name or former address, if changed since last report)
Item 2. Acquisition or Disposition of Assets
On October 2, 1998, Bel Fuse Inc. ("Bel" or the "Company") consummated
its acquisition of certain of the assets of Lucent Technologies Inc.'s
("Lucent's") signal transformer business, a part of Lucent's Power Systems
manufacturing operations, for approximately $30 million in cash. The purchase
price was paid from cash on hand.
Bel intends to continue the signal transformer business purchased from
Lucent, and to move the business to Bel's existing factory locations. In
connection with the acquisition, Lucent and Bel signed a long-term contract for
the continued supply of Lucent's signal transformer magnetics requirements.
Item 7. Financial Statements and Exhibits
(a) Financial Statements of Businesses Acquired
The financial statements of the business acquired are not being
provided herewith since it is impracticable for the Company to do so at the time
this Report is filed. Such required financial statements will be filed as soon
as practicable and in no event later than 60 days after the date this Report
must be filed.
(b) Pro Forma Financial Information
The pro forma financial information required pursuant to Article 11 of
Regulation S-X is not being furnished herewith since it is impracticable for the
Company to do so at the time this Report is filed. Such required pro forma
financial information will be filed as soon as practicable and in no event later
than 60 days after the date this Report must be filed.
(c) The following exhibits are filed with this Current Report on Form
8-K:
Exhibit 2.1 Agreement for the Purchase and Sale of Assets by and among Lucent
Technologies Inc., Lucent Technologies Maquiladoras Inc. and Bel
Fuse Inc., dated as of October 2, 1998
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.
BEL FUSE INC.
By: /s/ Daniel Bernstein
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Daniel Bernstein
President
Dated: October 17, 1998