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FTI > SEC Filings for FTI > Form 8-K on 20-Mar-2014All Recent SEC Filings

Show all filings for FMC TECHNOLOGIES INC



Regulation FD Disclosure, Financial Statements and Exhibits

Item 7.01 Regulation FD Disclosure.

On March 20, 2014, FMC Technologies, Inc. (the "Company") issued a news release announcing that it has signed a definitive Stock and Asset Purchase Agreement (the "Purchase Agreement") with Syntron Material Handling, LLC (the "Buyer"), an affiliate of Levine Leichtman Capital Partners Private Capital Solutions II, L.P., pursuant to which the Company agreed to sell to Buyer and to cause its subsidiaries to sell to Buyer, the equity interests of Technisys, Inc., a Utah corporation, and FMC Technologies Energy Holdings Ltd., a private limited liability company organized under the laws of Hong Kong, and assets, subject to certain exceptions, pertaining to the Company's material handling business. The Purchase Agreement contains customary representations, warranties, covenants and indemnities.
The closing of the transactions contemplated by the Purchase Agreement is currently expected to occur during the second quarter of 2014 and is subject to the satisfaction of certain conditions to closing, including the receipt of any applicable regulatory approvals.
A copy of the news release announcing the transaction is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description

99.1 News Release issued by FMC Technologies, Inc. dated March 20, 2014

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