-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Io3Yqp2l5Y+MbGof3IDfCC/Vnj2cAbmtr1GHN6VRANuCcE+vTXtRfkkEgA89Jb/j p+M8uudsoOoUGTDM5UkbFA== 0001341004-07-002012.txt : 20070629 0001341004-07-002012.hdr.sgml : 20070629 20070629165748 ACCESSION NUMBER: 0001341004-07-002012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20070629 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070629 DATE AS OF CHANGE: 20070629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AEROFLEX INC CENTRAL INDEX KEY: 0000002601 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 111974412 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08037 FILM NUMBER: 07951703 BUSINESS ADDRESS: STREET 1: 35 S SERVICE RD CITY: PLAINVIEW STATE: NY ZIP: 11803 BUSINESS PHONE: 5166946700 MAIL ADDRESS: STREET 1: 35 S SERVICE ROAD CITY: PLAINVIEW STATE: NY ZIP: 11803 FORMER COMPANY: FORMER CONFORMED NAME: ARX INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AEROFLEX LABORATORIES INC DATE OF NAME CHANGE: 19851119 8-K 1 form8k.htm FORM 8K

 

UNITED STATES

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): June 29, 2007

AEROFLEX INCORPORATED

(Exact Name of Registrant as Specified in its Charter)

_____________________

 

DELAWARE

(State or Other Jurisdiction of

Incorporation)

 

000-02324

(Commission File Number)

11-1974412

(I.R.S. Employer Identification No.)

35 South Service Road

Plainview, New York

(Address of Principal Executive Offices)

 

 

11803

(Zip Code)

 

Registrant’s telephone number including area code: (516) 694-6700

No change since last report

(Former Name or Address, if Changed Since Last Report)

_____________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange

Act (17 CFR 240.14d-2(b))

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange

Act (17 CFR 240.13e-4(c))

 

 


 

Item 8.01. Other Events.

On June 29, 2007, Aeroflex Incorporated issued a press release announcing its decision to divest its radar systems development and manufacturing business located in Powell, Ohio and to seek a strategic buyer.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.


 

Item 9.01. Exhibits.

(d) Exhibits

Exhibit No.

Exhibit Description

99.1

Press Release, dated June 29, 2007.

 

 


 

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.

 

AEROFLEX INCORPORATED

 

 

 

 

 

By:

/s/ John Adamovich, Jr.

 

 

Name:

John Adamovich, Jr.

`

 

Title:

Senior Vice President

 

 

 

and Chief Financial Officer

 

 

 

 

 

 

Dated: June 29, 2007

 

 

 

 

 

 

 

 

 


 

Exhibit Index

Exhibit No.

Description

99.1

Press Release, dated June 29, 2007.

 

 

 

EX-99 2 ex99.htm EXHIBIT 99.1

Exhibit 99.1

 

 

 


 


 

 

 

 

FOR IMMEDIATE RELEASE

 

FOR FURTHER INFORMATION CONTACT:

 


Investor Inquiries:

Leonard Borow

President and Chief Operating Officer

(516) 694-6700

 

AEROFLEX INCORPORATED ANNOUNCES

PLAN TO DIVEST RADAR BUSINESS

PLAINVIEW, NEW YORK, June 29, 2007 -- Aeroflex Incorporated (Nasdaq Symbol: ARXX), announced today its decision to divest its radar systems development and manufacturing business located in Powell, Ohio and to seek a strategic buyer. This is one of three divisions in the Company’s Powell operation. The two other divisions, synthetic test systems and broadband test equipment, will be retained.

About Aeroflex

Aeroflex Incorporated is a global provider of high technology solutions to the aerospace, defense and broadband communications markets. The Company’s diverse technologies allow it to design, develop, manufacture and market a broad range of test, measurement and microelectronic products. The Company’s common stock trades on the Nasdaq National Market System under the symbol ARXX and is included in the S&P SmallCap 600 index. Additional information concerning Aeroflex Incorporated can be found on the Company’s website: www.aeroflex.com.

Forward Looking Statements

This release contains forward-looking statements, which are subject to various risks and uncertainties. Discussion of risks and uncertainties that could cause actual results to differ materially from management’s current projections, forecasts, estimates and expectations is contained in Aeroflex’s filings with the SEC. Specifically, Aeroflex makes reference to the section entitled “Risk Factors” in its annual and quarterly reports. In addition to the risks and uncertainties set forth in Aeroflex’s SEC reports or periodic reports, the proposed transaction mentioned in our press release dated May 25, 2007 could be affected by, among other things, the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; the outcome of any legal proceedings that may be instituted against Aeroflex and others related to the merger agreement; failure to obtain stockholder approval or any other failure to satisfy other conditions required to complete the merger, including required regulatory approvals; risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the merger; the amount of the costs, fees, expenses and charges related to the merger and the execution of certain financings that will be obtained to consummate the merger; and the impact of the substantial indebtedness incurred to finance the consummation of the merger. Additional risk factors also include events and circumstances that may make it difficult to successfully divest the Company’s radar systems business or to successfully integrate the business of MicroMetrics, Inc., which was acquired on April 16, 2007.

 

 

GRAPHIC 3 img1.jpg GRAPHIC begin 644 img1.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T- M#AT5%A$8(Q\E)"(?(B$F*S7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#V2BBB@`HH MHH`****`"BBB@`HHHH`****`"BF2S10KOED2-?5V`%9-WXMT2TR&O5E8?PP@ MO_+BFHM[(F4HQW9LT5QUS\1+9ZQ-Q"L%N/\`93RMM'Z5GNS2',C MLY]6.:T6%?5F3QBZ(]9G\2:+;G$FI09'96W?RK/F\=Z)%D(\\Q_V(C_7%>:X MHK18:/5F3Q<^B.[F^(ML,^1ITK>[N%_QJE+\0[YO]58P)_O,6_PKD:*T5"FN MAF\14?4Z*3QUKCYVR01_[L7^-5)?%6NR]=1D7_<`7^E9%%4J<%T(=6;ZL[;P M-J-]?:G:Y??/-)*Q[NQ;^=1T49`[UL8A M13XX)ICB*&20_P"PA-7HO#VLS_ZO3+C'JR;?YU+DENRE%O9&=16]%X*UZ3K; M)'_ORC^E7(OA]JC_`.LN;6/\6;^E2ZL%U+5&H^ARM%=I'\.93_K=34?[L6?Z MU83X=6H_UFHSM_NHHJ'7I]REAZO8X.BO1$^'^DK]^>Z?_@8']*G7P+H:]8YV M^LIJ?K,"EA:AYI17J"^#-!7_`)U"W-V."`?E3ZGU]JJ,7)V1,IJ"NS=NKNWLH#/=3)# M&O5G.*X[5_'YRT6DQ?\`;>4?R7_&N3U#4KS5)_.O9VE;L.BK]!VJK7;3PZ6L MCSZF*E+2.A/=WMU?S>==W#S/ZNMCAL@59M=-OKTXM;.:;W5#C\Z]0LO M#>CV&##8Q%A_'(-Y_,UI@```#`'85A+%=D=$<(_M,\UM?`VM7&#*D5N#_P`] M'R?R&:UK;X=1C!NM1=O411@?J:[6BL7B*CZFT<-31S]OX(T.#[\$DY]9)#_( M8K2M]%TNU_U.GVZ>_E@FKU%9.@&*6BBI+"BBB@`HHH MH`****`"BBB@`HHHH`*0D`9)P!2UP_C3Q(VYM)LWQCBXD4_^.C^M7"#F[(SJ M5%3C=C/$_C%I6>QTJ3;&.)+A>K>R^WO7'*K.X1%9F8\`#))K3T3P]>ZY+B!? M+@4X>9A\H]AZFO1='\.Z?HJ#[/'OFQ\TS\L?\/PKL;9;UOLD1_A(S(?P[?C78Z9X:TK2L&"V5I!_RUE^9O\`ZWX5JT5RSJRG MN=M.C"&R"BBBLC8****`"BBB@`HHHH`****`"BBB@`HHHH`****`"BBB@`HH MHH`S/$6J_P!D:/-'9=>NFN+AF%JC9D?O(WH/ZF MMKQIYNI:UI^CP'EOF/L3QG\`#76V-E#I]E%:6Z[8XEP/?W/O72I>SIZ;LY'# MVM379$EO;PVL"001K'&@PJJ,`"F7U[;:;8S7MY,L-O`A>21CPH%3UP'B^Y_X M2/QUH_@U3FTC_P!.U!1_$J\HA]B0,_45S'67X_$'C#4(/[4TSP]:?V<1NBAN MK@I=3I_>``VKGL":WM!UZS\1::+VS+KAC'+#(,20R#[R,.Q%:6,#`XKS^_N/ M^$1^*MI,#LT_Q*GE3+T47"\*WU.0/Q-`'H%%5+W5M-TPH+_4+:T\S.SSYE3= MCKC)YJO'XFT":5(HM;TZ21V"JBW2$L3T`&:`-.BLR3Q+H,,K0RZWI\)PP_,4`2T5%<7-O9P-/=3QP1)RTDCA5'U M)K)M_&OA>[N!;P>(-/>5CA5%POS'V]:`-NBC(QG/'7-8?_";>%?^ACTS_P`" MD_QH`W**RU\4:`]JMTFLV+0/+Y*RB==I?&=H.>N.U:E`!16/<>+_``W:7$EO M<:]I\,T3%7C>X4,I'4$9J6U\3:%?1SR6FL64Z6R>9,T14?]K:<=3_LP7T'V[;O^S>8/,V]<[>N*`+=% M%%`!1110`4444`L(`6OC8D\"\L_E]V5LG]# M6[5SZ>AE35K^H5Y;\-ICKGQ&\6:\WS!7$$1]%W$#]$%>E:C/]ETVZN!_RRA= M_P`E)KR/X.S:A9^%-7U&RM4NI#=CS$8D$@)G(QU^]TJ4KNQHW97/9*\X^-UN MW_"(VFHQ';-8WR.K#MD$?SVU9_X6+>?]`Z#_`+^&J?CF\U#7?A=JMU=V4=M" M!&\6&)9L2+SSVK25*<5=F4*T)NT3/\<36'B#7/`5Q?+&]G?`O*)#A=K!"037 M5V?A+X>PWL$MI9Z8+A)%:(I<98,#D8&[KFO-$@MM?TWX<65]'YMO*\T$J;B, MJ'`QD<]`*].LOA?X.T^^@O;72/+GMY%DC;[1(=K`Y!P6Q61L+GU?38KMH=3<1ER05!9\]#22:=;>`/BOI-GX?GDCL]30_;+-I"RHO/S<^PR M,^A[5D:7X?UW6+SQG&0HMQ\SG!(/7`XK=^&&FZ#JVDZA< M*;A_$AA>WO&O9-\D98%(_$S7+OQ%K*F71[*8PZ=8M_JR1U M=A_$<$=>Y]J[^^T+2=2L6LKS3K::W88\MHQ@?3T_"N&^"EVL?AR]T.8>5>Z= M>.)HCPP![_F"/PKTB@#S;PW?7GA'QQ/X'O+B2YT^XA,^ER2MEHQ@G9GN.&'X M>]8?PPTGP7>>%&EUZ+2VO/M4@S=2*K[>,=3TZUJ:O(->^.>FPV?SKHULS7+K MR%.&."?^!*/Q-4/A7X(\-^(/"3WVJZ6ESK]Z`/'_#6G>%[[QKXP_P"$CCT]RE_^Y^UNJX^9\XR1[5Z!H.D^ M$K9KD:!!IN94"3BU96ROHV">.M<'X5\*:'XE\:^,FUC3TNS!?XCW.PVY9\]" M/05Z'H?A/0O#3S/H^GI:-.`)"KL=P&<=2?4T`>=6NL+\(]?U;2+Q9'TBZC:\ MTWJ?G_YY^WI^`/>NA^&7A^YBMKGQ5K(W:MK3>:2PYCB/*J/3/!^F!VKF/&<. MH?$WQ+>:=HK)]C\/Q.WFE^`?%"^*O#,-S(`E[;GR+N+ M&"L@[X[`]?T[4`=-1110`4444`%%%%`&1XAM9GMHK^T7==6#^ M5C-^Z^;H:^JVCW^D7EG&X1[B!XE9NBEE(R?SKG/ASX.N?!6B7%A=74-R\UP9 M0T0(`&T#'/TKJ8)XKF%)H)%DC<95E.014E0:&!<^#M-N=974&&$^])`!\KMZ M_P"(J;Q9HDGB#PK?:/;R1PO M1G'&17<45)1S'A#PG/X:U'7+J:ZCG75+LW"*BD>6,L<'/7[U4-;\!7,GBZ#Q M1XX'KW_`]:[:B@#DM9\#M_P!:2>U^(5[`;5K_`$.P##:UU;QRR28]55N`?Q-==10!@>%O!^G>%+*: M*T:2>YN3NN;N8YDF;U)].3Q4?@7PJ_@_P^=+DNUNF,[R^8J;1SCC&3Z5T=%` M'+>/?"$_C'3;2VM]06QDM;D3B1H]_(!`XR/6LRW\(^/([F)YO'QDC5P73[&H MW#/(ZUWE%`'G4GP[\26NO:KJ6B^+1IR:E<&9XUM0W374/EV\C6H7[.<\L`#R<=/>NQHH`PO!WA:V\(:!%ID#^;)DR3S[<& M5SU/\@/I5+3_``;)H_CB\U[3KY8K/4$_TJR,?#/_`'P<\<\].YKJJ*`"BBB@ M`HHHH`****`"@@$$$9!ZT44`8,NE7FD3/=Z'M:)SNEL'.$;W0_PG]*NZ9KEI MJ9,2EH;E/]9;RC:ZGZ=_J*T:HZEHUEJB@W$9$J?8GT M!ZBC^VM3LN-3T:7:.LUF?-7\NHK(=)O6V17L8D_YYR' M8P_`UI`Y&1R/6JMWIEC?KB[M(9O=T!/YUG'PO;PDMIU[>V)["*8LO_?+9H]U MA>:\S;HK$^S>)K7_`%5]9WRCH)XC&Q_%>*3^V=7M^+S0)F'=[659!^7!HY.S M#VG=-&Y16*OBS2P=MR;BT;TN(&7]<8J[;ZSIEU_J-0MI/82#/Y4G&2Z%*<7L MR[12`AAE2"/44M24%%%%`!1110`4444`%%%%`!1110`4444`%%%%`!1110`4 M444`%%%%`!1110`C*&&&`(]",U2N-#TJZ_U^G6SGU\L`_G5ZBFFUL)I//8+3[_@8H\7:)_%=.G^]"X_I3QXKT M$_\`,2B'U!']*URJGJ`?J*:8(6ZPH?JHH7*^G]?<3[ZZK[O^"5++6-.U%V2S ?O(IV4994.2!15I((8CNCB1">"54"BI=KZ%Q;:U/_V3\_ ` end GRAPHIC 4 img2.jpg GRAPHIC begin 644 img2.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_VP!#``H'!P@'!@H("`@+"@H+#A@0#@T- M#AT5%A$8(Q\E)"(?(B$F*S7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBI MJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W M^/GZ_]H`"`$!```_`.G\>?$B?P5X@L++^STN;2>+S9F!(D4;B#M[=!WKH[OQ M);-X.NO$6E/'=11VCW$63PQ52<'N.1@USFK_`!"OM-^&NG^*DL;=[B[9`T+% MMBYW=._:K6GZO\0;LVLTFAZ.MK-L9F6Z;<$."2!ZXJ3P[XSN]2\;:QX9U*TA MMY;'YX&C)_>IGJ<^Q4_B:?8^/+6]^(=YX45$'V>'*2YY>0>-WM M?&&H:7]GC.GZ58&[O;C)WJ<9"@=.A'ZUF:'XD\=^*[#^V=)LM%M-/=F$,5V\ MC22`$CDKP.GI79Z+?76HZ9'/>V+V-T"R30.<[64X.#W4XR#W!KG/B#XSO_"3 M:5'I]G;W4FH3-%B9B`#\N.G^]69-\0?$'A_Q!8:;XKT*VMH-0<)%<6DQ<`Y` M[^A(STZU:\4>-M&-&TVSN9;NW$J-<2,O/S9&1[+6SH-YXOGO777M+ MTZUMA&2CVTY=B^1@8/;&:I?#SQE=>,K&_N+JUAMVM;CR5$1)!&,Y.:;\0_&= M]X/@TUK&S@N9+VMC MQ'K=OX<\/WFK7.-EM&6"Y^^W15_$X%5/!?BB+Q=X:M]515CE8E)XE.?+<=1_ M(_C6%>^,]=U7QA=^&O"MI9;[!(1=S6'B"PMU MD2+S8KNR+&"49P5.[E6'''//&_BVSFN]*T+26BAE,3>9<,IW8!_K M7H6F27TFG0/J<,4%X5_>QPMN13['O7"^);>&[^,WA^VN8DEAETZ='C<9#`A\ M@BN6\4:7JOPRAU.WL!)=^&=8ADBV,>%_"VB^.0C-JT-W]LOSW=)3T/TX'_``(U MU'@:&ROO#6O>)==VQ0>(+E_,,IP%@SL4$]N21^59]WX`\3>"]/NKWPIXKD6T MMU:,;]-:!/+A:0D8W`Y/48Z M]0.U/\;6EY??&[1K:POWT^X>R&RY2,.4_P!83P>#QQ^->A>'M&UC2A,YZ=W\/HCF-VO2%<# M.TX'-==HGA[Q#IVI+T2,$GH*Y MN--TYUNM02UA,I=L91"!V]?][VK,^'^NVV@_$:]TF"*YM])UER]HES"8BDG4 M#![=5_[YKH]7^'\>MZY/XE\*>(Y=,OG=HYS%ED9U.U@<$$'(Y'-1>!_%'B,> M+-3\'^(YHKV>SA,BW4:@=,<'`&00P[9KF?A1H6NZIH5]+I?BB;2(DNRK1);) M(&;:OS9/X#\*]ILH9K>QMX+BX-S-'$J23,H4RL!@M@=,GG%9]UX;L+OQ-9^( M93-]LLHFBB"MA-K9SD8Y^\>]:%[96VI64ME>0I/;SJ4DC<9#`U@WO@/1]1\) MVWAF=KD6-JP,960!^,XR<>Y[5GK\+-+10JZYX@55&`!J!``_*MW7?#>G>(-, MM[#44>2&":.5?FY)7U/H1D'ZU>U+3[;5-+N=/NDW6]S$T;J/0C'%06NAZ?;^ M'HM"\@26*6XMS')SN3&#GW-EV6BZ;#IVGP+!;0+M1!_/W)]:SO$?A'3?%$UA+J#3AM/E\V'RG"_-QUX. M>@I/%'@_2O%]O!#J:RJ;=_,BEA?8Z'O@X/'3\A5#6?ASI.O:C;ZE=WFI)=V\ M"P)-#2<=3DY-2:1X#L=%U*._AU;6+AX@<1W-X9(SD$>!P,`9/%1>)?!VE^*GLY;\SQS6+^9!-;N$=3QWP>X!_"LW7/"%NEW+J>G MZIJFESW39N!97`1)6QC<5((W>XQ5[POX.TKPU'//:>?/=7@S/=7,F^63ZFL: MV^$.A62,EIJ>M6R,=Q6&]V`GUX%=5H>C0Z#IPL8+FZN4#%O,NI?,?GW]*__9 ` end GRAPHIC 5 img3.gif GRAPHIC begin 644 img3.gif M1TE&.#EA`@`"`'<`,2'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E`"'Y
-----END PRIVACY-ENHANCED MESSAGE-----