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 June 17, 1997 (Date of Report, date of earliest event reported) VALHI, INC. (Exact name of Registrant as specified in its charter) Delaware 1-5467 87-0110150 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 5430 LBJ Freeway, Suite 1700, Dallas, TX 75240-2697 Address of principal executive offices) (Zip Code) (972) 233-1700 (Registrant's telephone number, including area code) Not applicable (Former name or address, if changed since last report) Item 5: Other Events On June 17, 1997, the Registrant issued the press release attached hereto as Exhibit 99.1 which is incorporated herein by reference. Item 7: Financial Statements, Pro Forma Financial Information and Exhibits (c) Exhibit Item No. Exhibit Index 99.1 Press release dated June 17, 1997 issued by the Registrant 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. VALHI, INC. (Registrant) By:/s/ Steven L. Watson Steven L. Watson Vice President & Secretary Date: June 17, 1997
[VALHI LOGO] PRESS RELEASE FOR IMMEDIATE RELEASE: CONTACT: VALHI, INC. STEVEN L. WATSON THREE LINCOLN CENTRE VICE PRESIDENT 5430 LBJ FREEWAY (972) 233-1700 DALLAS, TEXAS 75240-2697 (972) 239-0142 (FAX) VALHI ANNOUNCES LITIGATION DEVELOPMENT Dallas, Texas . . . June 17, 1997 . . . Valhi, Inc. (NYSE: VHI) announced today that the Delaware Supreme Court has reversed and remanded for further proceedings the previously announced trial court ruling in favor of the defense in the stockholder derivative case of Kahn v. Tremont Corporation, et al. The suit was originally filed in 1991 following the purchase by Tremont Corporation (NYSE: TRE) of 7.8 million common shares of NL Industries, Inc. (NYSE: NL) from Valhi, then the principal stockholder of Tremont. The defendants in the action include Valhi and the members of Tremont's board of directors. In March 1996, the Delaware Court of Chancery ruled in favor of the defendants after a trial on the merits. Valhi stated that it and the other defendants in the action will continue their vigorous defense of the suit. Valhi is engaged in the chemicals, component products and waste management industries.