-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HpHnjOBYXDY9MDyfKYrkMtXkhrT1oBAV31dhN6Qwkc0JQ9uIAv1lsuBo36ZiX02U eQ9QdUIAn1fGFAQjpIvOpA== /in/edgar/work/20000724/0000950134-00-005872/0000950134-00-005872.txt : 20000921 0000950134-00-005872.hdr.sgml : 20000921 ACCESSION NUMBER: 0000950134-00-005872 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000724 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000724 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WILLIAMS COMPANIES INC CENTRAL INDEX KEY: 0000107263 STANDARD INDUSTRIAL CLASSIFICATION: [4922 ] IRS NUMBER: 730569878 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-04174 FILM NUMBER: 677741 BUSINESS ADDRESS: STREET 1: ONE WILLIAMS CTR CITY: TULSA STATE: OK ZIP: 74172 BUSINESS PHONE: 9185732000 MAIL ADDRESS: STREET 1: ONE WILLIAM CENTER CITY: TULSA STATE: OK ZIP: 74172 FORMER COMPANY: FORMER CONFORMED NAME: WILLIAMS BROTHERS COMPANIES DATE OF NAME CHANGE: 19710817 8-K 1 e8-k.txt FORM 8-K 1 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): July 24, 2000 -------------- The Williams Companies, Inc. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 1-4174 73-0569878 -------- ------ ---------- (State or other (Commission (I.R.S. Employer jurisdiction of File Number) Identification No.) incorporation) One Williams Center, Tulsa, Oklahoma 74172 -------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 918/573-2000 ------------ Not Applicable -------------- (Former name or former address, if changed since last report) 2 Item 5. Other Events. The Williams Companies, Inc., (the "Company") announced that its Board of Directors had authorized management to pursue a course of action that, if successful and approved by the Board, would lead to a complete separation of the Company's energy and communications businesses. Item 7. Financial Statements and Exhibits. The Company files the following exhibit as part of this report: Exhibit 99. Copy of the Company's press release, dated July 24, 2000, publicly announcing the information reported herein. 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. THE WILLIAMS COMPANIES, INC. Date: July 24, 2000 /s/ SHAWNA L. GEHRES --------------------------------------- Name: Shawna L. Gehres Title: Corporate Secretary 2 3 INDEX TO EXHIBITS
EXHIBIT NO. DESCRIPTION - ----------- ----------- 99 Copy of the Company's press release, dated July 24, 2000, publicly announcing the information reported herein.
EX-99 2 ex99.txt PRESS RELEASE DATED JULY 24, 2000 1 EXHIBIT 99 NEWS RELEASE [WILLIAMS LOGO] NYSE:WMB ================================================================================ Date: July 24, 2000 Contact: Jim Gipson Rick Rodekohr Richard George Williams (media inquiries) Williams (investor inquiries) Williams (investor inquiries) (918) 573-2111 (918) 573-2087 (918) 573-3679 jim.gipson@williams.com rick.rodekohr@williams.com richard.george@williams.com
WILLIAMS BOARD OKs PRELIMINARY STEPS TO SEPARATE ENERGY, COMMUNICATIONS BUSINESSES TULSA, OKLA. -- The board of directors of Williams (NYSE:WMB) on Sunday authorized management to pursue a course of action that, if successful and approved by the board, would lead to a complete separation of the company's energy and communications businesses. Keith E. Bailey, chairman, president and chief executive officer, said that while the specific course of action has not been determined, it is envisioned the process would take no more than 18 months. He said any change from the current ownership structure would be contingent upon a number of factors, including ensuring favorable tax treatment for Williams' shareholders. "We believe these steps are the best way to ensure that both our energy and communications businesses have the efficient and effective access to the capital necessary to pursue the substantial growth opportunities that each enjoys," he said. "Obviously, the ability to do that is consistent with the best long-term interest of our shareholders." Last October, Williams sold a portion of Williams Communications (NYSE: WCG) in public and private equity offerings. Williams retains ownership of approximately 85 percent of Williams Communications. Bailey said the company would not immediately have further comment on this issue beyond the information contained in this news release. ABOUT WILLIAMS Williams, through its subsidiaries, connects businesses to energy and communications. The company delivers innovative, reliable products and services through its extensive networks of energy-distributing pipelines and high-speed fiber-optic cables. Williams information is available at www.williams.com. ### Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission. -----END PRIVACY-ENHANCED MESSAGE-----