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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) August 26, 1997
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HARSCO CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-3970 23-1483991
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification
Number)
Camp Hill, Pennsylvania 17001-8888
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (717) 763-7064
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ITEM 5. Other Events.
On August 26, Harsco Corporation, FMC Corporation and The Carlyle Group
announced the signing of a definitive agreement for the sale of United Defense,
L.P. to The Carlyle Group for $850 million.
FMC is the managing general partner and 60% owner of United Defense, L.P. Harsco
owns the balance of 40%. United Defense supplies ground combat and naval weapons
systems for the U.S. and military customers around the world. United Defense had
1996 sales of $1 billion.
Included among the assets and liabilities which will be retained by Harsco in
the transaction are the matters described in Notes to Consolidated Financial
Statements, "Commitments and Contingencies" as filed under Form 10-Q for the
period ended June 30,1997.
The transaction has been approved by the boards of directors of Harsco
Corporation and FMC and is expected to be completed within 90 days.
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HARSCO CORPORATION FORM 8-K
Item 7(c) Exhibits
Exhibit Document
Number Pages
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99 Press release of the Company 1-2
dated August 26, 1997.
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SIGNATURE
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 thereunto duly authorized.
HARSCO CORPORATION
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(Registrant)
Date: September 3, 1997 By: /s/ Leonard A. Campanaro
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Leonard A. Campanaro
Senior Vice President and
Chief Financial Officer
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EXHIBIT INDEX
Exhibit No. Description
99 Press release of the Company dated
August 26, 1997.