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TNL > SEC Filings for TNL > Form 8-K on 8-Jun-2009All Recent SEC Filings

Show all filings for TECHNITROL INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for TECHNITROL INC


8-Jun-2009

Entry into a Material Definitive Agreement


Item 1.01 Entry into a Material Definitive Agreement.
On June 2, 2009, Technitrol through its wholly-owned subsidiaries entered into a Share Purchase Agreement to sell its Medtech components business to Xilco A/S. The purchase price for the business is expected to be $200 million in cash subject to final working capital adjustments. The Purchase Agreement contains customary covenants, representations and warranties. Consummation of the transaction is subject to no material adverse change occurring and other customary closing conditions.
The foregoing summary is not complete and is qualified in its entirety by reference to the full text of the Share Purchase Agreement attached hereto as Exhibit 2.1 which is incorporated herein by reference. Investors in Technitrol and other persons not party to the Purchase Agreement should not rely for any purpose on the covenants, representations or warranties made therein, or consider them as statements of fact or as representing the current state of Technitrol's affairs.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits

Exhibit 2.1 Share Purchase Agreement dated June 2, 2009 between Pulse Denmark ApS and Xilco A/S.


Signature(s) 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.

Technitrol, Inc.

Date: June 8, 2009 By: /s/ Drew A. Moyer Drew A. Moyer Sr. Vice President and CFO

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