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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): November 7, 2002
INTERNATIONAL SPECIALTY PRODUCTS INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware 000-29764 51-0376469
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification Number)
300 Delaware Avenue, Suite 303
Wilmington, Delaware 19801
(Address of Principal Executive Office)
Registrant's telephone number, including area code: (302) 427-5715
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ITEM 5. OTHER EVENTS.
On November 7, 2002, International Specialty Products Inc. ("ISP")
issued a press release announcing that a Special Committee of its Board of
Directors and its majority stockholder Samuel J. Heyman have reached an
agreement on a going private transaction in which the holders of ISP's publicly
traded shares would receive $10.30 in cash per share. A copy of that press
release, which describes the agreement and certain conditions to which it is
subject, is attached hereto and incorporated by reference herein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS.
The following is furnished as an exhibit to this report:
99.1 Press Release, dated November 7, 2002, issued by International
Specialty Products Inc.
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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.
INTERNATIONAL SPECIALTY PRODUCTS INC.
/s/ Neal E. Murphy
By: ------------------------------
Name: Neal E. Murphy
Title: Senior Vice President
and Chief Financial
Officer
Date: November 7, 2002
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
99.1 Press Release, dated November 7, 2002, issued by
International Specialty Products Inc.
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