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UNITED STATES
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): May 28, 1997
WESTINGHOUSE ELECTRIC CORPORATION
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(Exact name of registrant as
specified in its charter)
PENNSYLVANIA 1-977 25-0877540
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(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification Number)
Westinghouse Building, 11 Stanwix Street, Pittsburgh, Pennsylvania 15222-1384
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(Address of principal executive offices;) (Zip Code)
Registrant's telephone number, including area code: (412) 244-2000
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Item 5. Other Events
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At Westinghouse Electric Corporation's ("Westinghouse") May 28, 1997
Board of Directors Meeting, the Board adopted a resolution regarding the term
of Westinghouse's Shareholder Rights Plan. The Plan currently has a term of ten
(10) years and a termination date of January 2006. The Board adopted a
resolution affirming the Board's intention to redeem the Rights in January of
2001.
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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.
WESTINGHOUSE ELECTRIC CORPORATION
(Registrant)
By: /s/ LOUIS J. BRISKMAN
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Louis J. Briskman
Senior Vice President and
General Counsel
Date: June 23, 1997