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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 22, 1997
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CHAPARRAL STEEL COMPANY
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-9944 75-1424624
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification Number)
300 Ward Road, Midlothian, Texas 76065
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (972) 775-8241
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
On May 22, 1997 the Registrant received an offer from Texas
Industries, Inc. ("TXI") to acquire the outstanding shares of public stock not
currently owned by TXI. The transaction would be in the form of a merger in
which the holders of the public stock would receive $14.25 cash for each share
of public stock outstanding. Upon consummation of the merger, the Registrant
would become a wholly-owned subsidiary of TXI.
ITEM 7. EXHIBITS.
Exhibit 5.1 Texas Industries, Inc. Letter to Board of
Directors of Chaparral Steel Company dated
May 22. 1997 Presenting Offer to Acquire the
Outstanding Shares of Common Stock of
Chaparral Steel Company.
Exhibit 5.2 "Chaparral Steel Board Receives Offer to
Merge" Press Release (Midlothian, Texas - May
22, 1997)
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.
CHAPARRAL STEEL COMPANY
Date: May 30, 1997 By: /s/ ROBERT C. MOORE
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Robert C. Moore
Vice President & Secretary
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INDEX TO EXHIBITS
Exhibit
Number Description
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5.1 Texas Industries, Inc. Letter to Board of Directors
of Chaparral Steel Company dated May 22. 1997
Presenting Offer to Acquire the Outstanding Shares of
Common Stock of Chaparral Steel Company.
5.2 "Chaparral Steel Board Receives Offer to Merge" Press
Release (Midlothian, Texas - May 22, 1997)