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): July 9, 2001
Thermo Electron Corporation
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-8002 04-2209186
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
81 Wyman Street
Waltham, Massachusetts 02454-9046
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (781) 622-1000
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS.
On July 10, 2001, Thermo Electron Corporation (the "Company") issued a
press release announcing that its Board of Directors approved a distribution to
the holders of record of the Company's common stock on July 30, 2001 of all of
the shares of common stock of Kadant Inc. (formerly known as Thermo Fibertek
Inc.) held by the Company (the "Spin-off"). The Company is currently the
beneficial owner of approximately 91% of the outstanding common stock of Kadant.
The distribution is scheduled to occur on August 8, 2001 (the "Distribution
Date").
The Company has filed herewith a preliminary information statement
providing details of the distribution and information about Kadant. The Company
expects to distribute on the Distribution Date a definitive information
statement to holders of the Company's common stock entitled to receive shares of
Kadant common stock in the Spin-off, together with stock certificates
representing such shares.
The full text of the Company's press release dated July 10, 2001 is filed
as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by
reference.
The preliminary information statement of Kadant dated July 12, 2001 is
filed as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated
herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Financial Statements of Business Acquired: Not Applicable
(b) Pro Forma Financial Information: Not Applicable
(c) Exhibits:
Exhibit No. Description
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23 Consent of Independent Public Accountants
99.1 Press release dated July 10, 2001
99.2 Preliminary Information Statement of Kadant Inc.
dated July 12, 2001
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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: July 12, 2001 THERMO ELECTRON CORPORATION
By: /s/ Theo Melas-Kyriazi
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Theo Melas-Kyriazi
Vice President and Chief Financial Officer
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EXHIBIT INDEX
Exhibit No. Description
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23 Consent of Independent Public Accountants
99.1 Press release dated July 10, 2001
99.2 Preliminary Information Statement of Kadant Inc.
dated July 12, 2001
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