UNITED STATES
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
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Date of Report (Date of earliest event reported): July 10, 2008
TENNECO INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 1-12387 76-0515284
(State or other jurisdiction of (Commission (I.R.S. Employer of
incorporation or organization) File Number) Incorporation Identification No.)
500 NORTH FIELD DRIVE, LAKE FOREST, ILLINOIS 60045
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (847) 482-5000
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] 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 July 10, 2008, Tenneco Inc. announced that the company has entered into a
preliminary agreement to purchase the suspension business of Gruppo Marzocchi,
an Italian-based worldwide leader in supplying suspension technology in the
two-wheeler market.
The agreement announced today is the initial step in the purchase process. A
final agreement and closing on a potential purchase of Marzocchi's suspension
business is dependent on a number of conditions and the legally-required
consultation with the works councils representing Marzocchi employees. Those
consultations will begin immediately.
This acquisition would be made through Tenneco's assumption of the debt
associated with Marzocchi's suspension business, which was approximately $15
million as of April 30, 2008.
An acquisition by Tenneco of Marzocchi's suspension business would leverage the
brand, technology and product synergies of the two companies, providing
customers with integrated suspension systems (forks, shock absorbers and
elastomers) for motorcycles and other applications.
A copy of the company's press release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Exhibit No. Description
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99.1 Press release issued July 10, 2008
SIGNATURES
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.
TENNECO INC.
Date: July 10, 2008 By: /s/ David A.Wardell
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David A. Wardell
Senior Vice President, General
Counsel and Corporate Secretary