Item 8.01. Other Events
On October 31, 2008, ABM Industries Incorporated (the "Company"), Amtech
Lighting Services, Amtech Lighting Services of the Midwest, and Amtech Lighting
and Electrical Services, each of which is a subsidiary of the Company (the
Company and such subsidiaries collectively, the "Sellers") completed the sale of
substantially all of the assets of the Sellers which relate to the Company's
lighting business, excluding accounts receivable and certain other assets, to
Sylvania Lighting Services Corp .
The assets sold included customer contracts, facility leases, inventory and
other assets, as well as rights to the name "Amtech Lighting". The consideration
paid in connection with such sale was approximately $33.9 million in cash, which
included certain adjustments, payment to the Company of $600,000 pursuant to a
transition services agreement, and which is subject to certain post-closing
adjustments, and the assumption of certain liabilities under certain contracts
and leases relating to the period after the closing. A copy of the press release
announcing the closing of such sale is attached hereto as Exhibit 99.1 which is
incorporated into this item by reference.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits.
99.1 Press Release issued by ABM Industries Incorporated, dated October 31,
2008.