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):
May
30,
2007
MATTHEWS
INTERNATIONAL CORPORATION
------------------------------------------------------
(Exact
name of registrant as specified in its charter)
Pennsylvania 0-9115 25-0644320
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------------------
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(State
or other
jurisdiction (Commission (IRS
Employer
of
incorporation) File
Number) Identification
No.)
Two
NorthShore Center,
Pittsburgh, PA 15212-5851
------------------------------------------------------
---------------
(Address
of principal executive
offices) (Zip
Code)
Registrant's
telephone number,
including area code: (412)
442-8200
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Item
7.01 Regulation FD Disclosure
Matthews
International Corporation reported on May 30, 2007 that its wholly-owned
subsidiary, The York Group, Inc. (“York”), has resolved the legal claim filed by
Harry and Scott Pontone concerning their employment agreements. Under
the resolution, York has agreed to accelerate the timing of scheduled payments
as originally contemplated at the time of the acquisition of Milso Industries
and consistent with the earn-out provisions of the employment
agreements. In addition, Harry Pontone has accepted the position of
Chairman of the Board of York.
The
acceleration of earn-out payments will result in a pre-tax charge to earnings
of
$8.0 million ($0.16 per share after tax), of which $1.3 million ($0.03 per
share
after tax) had been accrued through the first two quarters of fiscal
2007.
A
copy of
the press release is attached hereto as Exhibit 99.1.
Item
9.01 Financial Statements and Exhibits
(c)
Exhibits
99.1
Press release, dated May 30, 2007,
issued by Matthews International Corporation.
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.
MATTHEWS
INTERNATIONAL CORPORATION
(Registrant)
By
Steven F. Nicola
------------------------------
Steven
F.
Nicola
Chief
Financial
Officer,
Secretary
and
Treasurer
Date:
May
30, 2007