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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):
October 21, 1996
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DYNATECH CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Massachusetts
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(State or Other Jurisdiction of Incorporation)
0-7438 04-2258582
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(Commission File Number) (IRS Employer Identification No.)
3 New England Executive Park, Burlington, MA 018031
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(Address of principal executive offices) (Zip Code)
(508) 272-6100
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Registrant's Telephone Number, Including Area Code
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On October 21, 1996, Unex Corporation ("Unex"), a wholly-owned
subsidiary of Dynatech Corporation ("Dynatech"), sold substantially all of its
assets to GN Great Nordic as ("GN") and its wholly-owned subsidiary GN
Netcom/Unex Inc. ("GN Unex") pursuant to an Asset Purchase Agreement dated as of
October 21, 1996 (the "Asset Purchase Agreement"). Dynatech received cash
consideration of $25,700,000. The terms of the Asset Purchase Agreement were
determined on the basis of arms'-length negotiations. Prior to the execution of
the Asset Purchase Agreement, neither Dynatech nor any of its affiliates had any
material relationship with GN or its stockholders.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements: None
(b) Pro forma financial information: None
(c) Exhibits:
2. Asset Purchase Agreement dated as of October 21, 1996 between
GN Great Nordic as and GN Netcom/Unex Inc. and Dynatech
Corporation and Unex Corporation.
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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 hereunto duly authorized.
Date: November 4, 1996 DYNATECH CORPORATION
By: /s/ Robert W. Woodbury,Jr.
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Robert W. Woodbury, Jr.
Corporate Controller