UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

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

~~Pursuant to~~Date ~~Section~~of 13Report ~~or 15~~(d)Date of ~~the~~earliest ~~Securities~~event ~~Exchange~~reported): ~~Act~~June ~~of 1934~~14, 2007

~~Date of Report~~PAXAR CORPORATION (~~Date~~Exact name of ~~earliest~~registrant ~~event~~as ~~reported): April 23,~~specified ~~2007~~in its charter)

Paxar Corporation

New York	1-9493	13-5670050
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of incorporation)		Identification No.)


	105 Corporate Park Drive
	White Plains, New York 10604
	(Address of principal executive offices)

~~(Exact name~~Registrant's oftelephone ~~registrant~~number, asincluding ~~specified~~area incode: ~~its charter)~~914-697-6800

New York	1-9493	13-5670050
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

Not Applicable
(Former name or former address, if changed since last report.)

105 Corporate Park Drive
White Plains, New York	10604
(Address of principal executive offices)	(Zip Code)

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 (see General Instruction A.2. below):

~~Registrant's~~¨ Written Communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ~~telephone~~¨ Soliciting ~~number,~~material ~~including~~pursuant ~~area~~to ~~code:~~Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(~~914~~b) under the Exchange Act (17 CFR 240.14d-2(b)) ~~697~~¨ Pre-~~6800~~commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~Not Applicable~~INTRODUCTORY NOTE

As discussed herein, on June 15, 2007, Paxar Corporation (~~Former name~~“Paxar”) orcompleted ~~former~~its ~~address~~merger with an indirect subsidiary of Avery Dennison Corporation (“Avery Dennison”). As a result of the merger, ifPaxar ~~changed~~became ~~since~~a ~~last~~wholly ~~report~~owned indirect subsidiary of Avery Dennison, ceased to be publicly traded and accordingly will no longer be listed on the New York Stock Exchange (“NYSE”). Although we are no longer publicly traded, the de-registration of our stock under the Securities Exchange Act of 1934, as amended (the "Exchange Act") will not become effective for a period of up to 10 days after the NYSE notifies the Securities and Exchange Commission of its intention to delist our common stock.

~~Check the appropriate~~Item ~~box~~2.01. ~~below~~Completion ~~if the Form 8-K filing is intended to simultaneously satisfy the filing obligation~~ of ~~the~~Acquisition ~~registrant~~or ~~under~~Disposition ~~any~~ of ~~the following provisions:~~Assets.

oOn ~~Written~~June ~~communications~~14, ~~pursuant~~2007, tostockholders ~~Rule~~owning ~~425~~approximately ~~under~~81% of the ~~Securities~~shares ~~Act~~of ~~(17~~our ~~CFR~~common ~~230~~stock outstanding voted in favor of the Agreement and Plan of Merger, dated as of March 22, 2007, among Paxar, Avery Dennison, and Alpha Acquisition Corp.~~425~~, an indirect wholly owned subsidiary of Avery Dennison (the “Merger Agreement”).

oOn ~~Soliciting~~June ~~material~~15, ~~pursuant~~2007, we consummated the merger, and Alpha Acquisition Corp. merged with and into Paxar, with Paxar continuing as the surviving corporation. At the effective time of the merger, all of our outstanding shares of common stock, other than restricted shares (as described below) were converted into the right to ~~Rule~~receive ~~14a~~$30.50 per share in cash, without interest. The Merger Agreement also provided for the conversion of outstanding options and other equity-12based ~~under~~awards, as described in Paxar’s Proxy Statement on Form 14A, filed with the Securities and Exchange ~~Act~~Commission ~~(17~~on ~~CFR~~May ~~240~~22, 2007.~~14a-12)~~ The aggregate cash consideration payable as a result of the merger was approximately $1,303 million.

oAs ~~Pre-commencement~~a ~~communications~~result ~~pursuant~~of the acquisition, Paxar became a wholly owned subsidiary of Avery Dennison Corporation, ceased to ~~Rule~~be ~~14d-2(b)~~publicly ~~under~~traded and accordingly will no longer be listed on the New York Stock Exchange ~~Act~~as ~~(17~~discussed ~~CFR~~under ~~240~~Item 3.~~14d-2(b))~~01 below.

oItem ~~Pre-commencement~~3.01. ~~communications~~Notice ~~pursuant~~of Delisting or Failure to ~~Rule~~Satisfy ~~13e-4(c)~~a ~~under~~Continued ~~the~~Listing ~~Exchange~~Rule ~~Act~~or ~~(17~~Standard; ~~CFR~~Transfer ~~240.13e-4(c))~~of Listing

~~Item~~In 8connection with the closing of the merger, we notified the NYSE on June 15, 2007, that each publicly-held share of our common stock was exchanged for cash, with the result that the public would cease to hold any equity interest in Paxar.01 ~~Other~~We ~~Events~~expect the NYSE to notify the Securities and Exchange Commission of its intention to delist our common stock in the immediate future, which delisting would be scheduled to become effective 10 days following such notification.

~~On April 23,~~Item 2007, Paxar Corporation and Avery Dennison Corporation issued a joint press release announcing that the Federal Trade Commission and the Antitrust Division of the Department of Justice granted early termination of the waiting period applicable to their proposed merger under the Hart-Scott-Rodino Antitrust Improvements Act of 19763. ~~A copy of the joint press release of Paxar and Avery Dennison is filed as Exhibit 99~~03.1 ~~hereto~~Material ~~and~~Modification isto ~~incorporated~~Rights ~~herein by reference, and the foregoing description is qualified in its entirety by the text~~ of ~~such~~Security ~~press release~~Holders.

~~Item~~The 9information set forth in Items 2.01 and 5.03 ~~Financial~~of ~~Statements~~this ~~and~~report ~~Exhibits~~is incorporated by reference into this Item 3.03.

~~(c)~~Item ~~Exhibits~~5.01. Changes In Control of Registrant.

~~Exhibit~~The information set forth in Item 2.01 of this report is incorporated by reference into this Item 5.01 .

~~Number Description~~1

99Item 5.102. ~~Joint~~Departure ~~Press~~of ~~Release~~Directors ~~issued~~or byPrincipal ~~Paxar~~Officers; ~~and~~Election ~~Avery~~of ~~Dennison~~Directors; onAppointment ~~April~~of ~~23,~~Principal ~~2007~~Officers.

~~SIGNATURES~~In connection with the Merger, each of the directors of Paxar voluntarily resigned from the board of directors of Paxar on June 15, 2007 and the directors of Alpha Acquisition Corp. became the new directors of Paxar upon the filing of the certificate of merger. Following the merger and appointments to fill vacancies on the board of directors, the board of directors of Paxar is now comprised of the following: Susan C. Miller, Karyn E. Rodriguez, and Richard P. Randall.

~~Pursuant to~~Following the ~~requirements~~merger and related removals and appointments of officers, the ~~Securities~~officers ~~Exchange~~of ~~Act~~Paxar are now comprised of ~~1934~~the following: Susan C. Miller, ~~the~~President; ~~registrant has duly~~Karyn ~~caused~~E. ~~this~~Rodriguez, ~~report~~Vice toPresident beand ~~signed~~Treasurer; onand ~~its~~Richard ~~behalf~~P. byRandall, ~~the~~Vice ~~undersigned~~President ~~hereunto duly~~and ~~authorized~~Secretary.

	PAXAR CORPORATION (Registrant)
Date: April 23, 2007	By:	/s/ Robert S. Stone
		Robert S. Stone
		Vice President, General Counsel and Secretary

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

Upon filing the certificate of merger, Paxar's existing certificate of incorporation and by-laws were replaced by the certificate of incorporation and by-laws of Alpha Acquisition Corp., which are filed as exhibits 3.1 and 3.2 to this report, respectively, and incorporated herein by reference.

Item 8.01. Other Events.

On June 14, 2007, Paxar issued a press release disclosing certain of the events set forth in Items 2.01 and 3.01 of this report. The information contained in this Item 8.01 is qualified in its entirety by the press release, which is filed as exhibit 99.1 to this report and incorporated herein by reference.

Item 9.01. Financial Statements, Pro Forma Financial Information and Exhibits.

(d)	Exhibits.

Exhibit No.		Description of Exhibit

2.1	Certificate of Merger of Alpha Acquisition Corp. and Paxar Corporation into Paxar Corporation, dated June 15, 2007.

3.1	Certificate of Incorporation of Alpha Acquisition Corporation, as predecessor to Paxar Corporation.

3.2	By-Laws of Alpha Acquisition Corporation, as predecessor to Paxar Corporation.

99.1	Paxar Corporation press release, dated June 14, 2007.

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		PAXAR CORPORATION


Date: June 15, 2007		By: /s/ Richard P. Randall
		Richard P. Randall
		Vice President and Secretary

		EXHIBIT INDEX

Exhibit No.		Description

2.1	Certificate of Merger of Alpha Acquisition Corp. and Paxar Corporation into Paxar Corporation, dated June 15, 2007.

3.1	Certificate of Incorporation of Alpha Acquisition Corporation, as predecessor to Paxar Corporation.

3.2	By-Laws of Alpha Acquisition Corporation, as predecessor to Paxar Corporation.

99.1	Paxar Corporation press release, dated June 14, 2007.

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