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): August 8, 2007
TENNECO INC.
(Exact Name of Registrant as Specified in Charter)
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Delaware
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1-12387
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76-0515284 |
(State or other jurisdiction of
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(Commission File Number)
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(I.R.S. Employer of |
incorporation or organization)
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Identification No.)
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Incorporation |
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500 NORTH FIELD DRIVE, LAKE FOREST, ILLINOIS |
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60045 |
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(Address of Principal Executive Offices) |
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(Zip Code) |
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Registrants 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:
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
Tenneco Inc. is evaluating the possibility of purchasing
Delphis Kettering, Ohio ride control assets as part of Delphis asset sale under bankruptcy
proceedings. As part of the evaluation and purchase negotiation process, Tenneco has entered into
an agreement with the International Union of Electrical Workers, which represents the Delphi
workforce at the Kettering plant. The agreement with the IUE is subject to ratification by the
IUEs rank and file members. In addition, such agreement would become effective only if Tenneco
decides to pursue the opportunity and completes the Delphi Kettering asset purchase. Tenneco is
still evaluating this opportunity and has not reached a definitive agreement to purchase these
assets. Any such purchase would be contingent on Tennecos successful negotiation of a purchase
agreement with Delphi, Tennecos successful negotiation of several agreements with third parties
and bankruptcy court approval.