-----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, D/aFD7zuW0qTSdxkwNLhzYvhBULCb0rA/rhe2afCPsa4yZmiMqWX9t8n3pb7cBCA bjYMB3laYy+VcD9SR7yvfA== 0001096385-06-000124.txt : 20060814 0001096385-06-000124.hdr.sgml : 20060814 20060814130920 ACCESSION NUMBER: 0001096385-06-000124 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20060814 ITEM INFORMATION: Other Events FILED AS OF DATE: 20060814 DATE AS OF CHANGE: 20060814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VECTREN CORP CENTRAL INDEX KEY: 0001096385 STANDARD INDUSTRIAL CLASSIFICATION: GAS & OTHER SERVICES COMBINED [4932] IRS NUMBER: 352086905 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15467 FILM NUMBER: 061028485 BUSINESS ADDRESS: STREET 1: ONE VECTREN SQUARE CITY: EVANSVILLE STATE: IN ZIP: 47708 BUSINESS PHONE: 8124914000 MAIL ADDRESS: STREET 1: ONE VECTREN SQUARE CITY: EVANSVILLE STATE: IN ZIP: 47708 8-K 1 vvc_8k.htm VVC 8K VVC 8K


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) August 14, 2006
 
VECTREN CORPORATION
(Exact name of registrant as specified in its charter)
 
vectren logo
 
Commission
File No.
Registrant, State of Incorporation,
Address, and Telephone Number
I.R.S Employer
Identification No.
     
1-15467
Vectren Corporation
35-2086905
 
(An Indiana Corporation)
 
 
One Vectren Square,
 
 
Evansville, Indiana 47708
 
 
(812) 491-4000
 
     

Former name or address, if changed since last report:

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:
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 8.01. Other Events

On August 14, 2006, Vectren Corporation announced it has agreed to sell its remaining interest in SIGECOM, LLC to WideOpenWest, LLC, a telecommunications company serving Illinois, Indiana, Michigan and Ohio. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

In connection with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, the Company is attaching cautionary statements identifying important factors that could cause actual results of the Company and its subsidiaries to differ materially from those projected in forward-looking statements of the Company and its subsidiaries made by, or on behalf of, the Company and its subsidiaries. These cautionary statements are attached as Exhibit 99.2.


 
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.
VECTREN CORPORATION    
August 14, 2006
 
   
     
     
   
By: /s/ M. Susan Hardwick
   
M. Susan Hardwick
   
Vice President and Controller
 
 




 
INDEX TO EXHIBITS
 

 

 

EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1
Exhibit 99.1        
 
vectren logo
 
News                          
Release                       
                     
Vectren Corporation                                                             
One Vectren Square                                                     
Evansville, IN 47708                     
August 14, 2006
FOR IMMEDIATE RELEASE

Investor Contact: Steve Schein, (812) 491-4209 or sschein@vectren.com
Media Contact: Mike Roeder, (812) 491-4143 or mroeder@vectren.com

Vectren to Sell Evansville-Based SIGECOM

Evansville, Ind. - Vectren Corporation (NYSE: VVC) announced Monday it has agreed to sell its remaining interest in SIGECOM, LLC to WideOpenWest, LLC, a telecommunications company serving Illinois, Indiana, Michigan and Ohio.

Terms of the agreement were not disclosed, however Vectren indicated its portion of the sale should approximate the book value of its telecom investment. The sale is expected to close in the fourth quarter of 2006.

SIGECOM has provided cable, telephone and high-speed internet services to the greater Evansville area since 1999. SIGECOM services now reach over 75,000 residences and 5,500 businesses.

“This decision is consistent with our previous discussions of narrowing our nonutility portfolio and provides us the opportunity to redeploy capital into our core businesses,” said Vectren Chairman, President and CEO Niel C. Ellerbrook. “Further, WideOpenWest’s track record of outstanding customer service closely aligns with SIGECOM’s operating philosophy.”

About Vectren
Vectren Corporation (NYSE: VVC) is an energy holding company headquartered in Evansville, Ind. Vectren's energy delivery subsidiaries provide gas and/or electricity to more than one million customers in adjoining service territories that cover nearly two-thirds of Indiana and west central Ohio. Vectren's nonutility subsidiaries and affiliates currently offer energy-related products and services to customers throughout the Midwest and Southeast. These include gas marketing and related services; coal production and sales; and energy infrastructure services. To learn more about Vectren, visit www.vectren.com.

About Sigecom
Sigecom is a competitive provider of cable television, high-speed Internet, and telephone services. Sigecom serves residential and business customers in the greater Evansville and Newburgh, Indiana markets. The company provides service through a variety of bundled packages which can be customized to serve individual needs, featuring Basic Cable, Digital Cable, a choice of four high-speed Internet connections and a host of telephone features. Sigecom also offers businesses of all sizes a full spectrum of telephone and Internet services, including Centrex and Virtual LAN solutions.
 
About WOW!
WOW! is a competitive provider of cable television, high-speed Internet, and telephone services. WOW! Cable features Basic Cable, Digital Cable, and advanced services such as HDTV and DVRs. WOW! Internet provides customers with a choice of high-speed connections from 112kbps all the way to 6Mbps. WOW! Phone offers the convenience of unlimited local, long distance, and local toll calling in the United States. Customers can bundle any two or all three services together at a great value, while benefiting from the convenience of dealing with just one company for all their entertainment and telecommunications needs. WOW! serves customers in the greater Chicago, Illinois; Detroit, Michigan; Cleveland and Columbus, Ohio markets.

EX-99.2 3 ex99_2.htm EXHIBIT 99.2 Exhibit 99.2
 
Exhibit 99.2
Forward-Looking Information

A “safe harbor” for forward-looking statements is provided by the Private Securities Litigation Reform Act of 1995 (Reform Act of 1995). The Reform Act of 1995 was adopted to encourage such forward-looking statements without the threat of litigation, provided those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause the actual results to differ materially from those projected in the statement.  Such statements are based on management’s beliefs, as well as assumptions made by and information currently available to management. When used in this filing, the words “believe”, “anticipate”, “endeavor”, “estimate”, “expect”, “objective”, “projection”, “forecast”, “goal” and similar expressions are intended to identify forward-looking statements. In addition to any assumptions and other factors referred to specifically in connection with such forward-looking statements, factors that could cause the Company’s actual results to differ materially from those contemplated in any forward-looking statements include, among others, the following:

·  
Factors affecting utility operations such as unusual weather conditions; catastrophic weather-related damage; unusual maintenance or repairs; unanticipated changes to fossil fuel costs; unanticipated changes to gas supply costs, or availability due to higher demand, shortages, transportation problems or other developments; environmental or pipeline incidents; transmission or distribution incidents; unanticipated changes to electric energy supply costs, or availability due to demand, shortages, transmission problems or other developments; or electric transmission or gas pipeline system constraints..
·  
Increased competition in the energy environment including effects of industry restructuring and unbundling.
·  
Regulatory factors such as unanticipated changes in rate-setting policies or procedures, recovery of investments and costs made under traditional regulation, and the frequency and timing of rate increases.
·  
Financial or regulatory accounting principles or policies imposed by the Financial Accounting Standards Board; the Securities and Exchange Commission; the Federal Energy Regulatory Commission; state public utility commissions; state entities which regulate electric and natural gas transmission and distribution, natural gas gathering and processing, electric power supply; and similar entities with regulatory oversight.
·  
Economic conditions including the effects of an economic downturn, inflation rates, commodity prices, and monetary fluctuations.
·  
Increased natural gas commodity prices and the potential impact on customer consumption, uncollectible accounts expense, unaccounted for gas, and interest expense.
·  
Changing market conditions and a variety of other factors associated with physical energy and financial trading activities including, but not limited to, price, basis, credit, liquidity, volatility, capacity, interest rate, and warranty risks.
·  
Direct or indirect effects on our business, financial condition or liquidity resulting from a change in credit ratings, changes in interest rates, and/or changes in market perceptions of the utility industry and other energy-related industries.
·  
Employee or contractor workforce factors including changes in key executives, collective bargaining agreements with union employees, or work stoppages.
·  
Legal and regulatory delays and other obstacles associated with mergers, acquisitions, and investments in joint ventures.
·  
Costs and other effects of legal and administrative proceedings, settlements, investigations, claims, and other matters, including, but not limited to, those described in Management’s Discussion and Analysis of Results of Operations and Financial Condition.
·  
Changes in federal, state or local legislature requirements, such as changes in tax laws or rates, environmental laws and regulations.

The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of changes in actual results, changes in assumptions, or other factors affecting such statements
GRAPHIC 4 vectrenlogo.jpg VECTREN LOGO begin 644 vectrenlogo.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_X0`\17AI9@``24DJ``@````!`#$!`@`9 M````&@````````!%1$=!4FEZ97(@4V]F='=AB?(B+AO_;`$,!%Q@8(!P@/R,C/X993%F&AH:&AH:&AH:& MAH:&AH:&AH:&AH:&AH:&AH:&AH:&AH:&AH:&AH:&AH:&AH:&AH:&AO_``!$( M`$@`^`,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0```````````0(#!`4&!P@) M"@O_Q`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%$B$Q008346$'(G$4,H&1 MH0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U-CH.$A8:'B(F*DI.4E9:7F)F:HJ.DI::G MJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:X>+CY.7FY^CIZO'R\_3U M]O?X^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#!`4&!P@)"@O_Q`"U$0`" M`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R@0@40I&AL<$)(S-2 M\!5B7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2U MMK>XN;K"P\3%QL?(RKR\_3U]O?X^?K_V@`, M`P$``A$#$0`_`.NHJIJ`O&C5;(JK$_,Q(X%4?[&N9SF[O78'JHR1_G\*39I& M":NW8T9;^UA.))XP?3.35*7Q!:)Q&))/H,#]:?%H=E$,NK/CN[?X5GW.K06[ M&/3X(@`>9"O7Z?XU+;1K"G"3M%-EC^UKZ?BVL2!V+9(_I2^7K<_WI(X`>W'_ M`->LHZM?$Y-PWX`5:M=?N(V`N`)5[D##4K]S:5&45[L47?['N9#F;4)#[#/^ M-'_"/6Y.7FF8^N1_A5Y-0M&A67SXU5NFYL&FG5;('_CX3\.:JT3GYZO0J?\` M".VW:68'L.YL-1BM_/,T,H)PW5<5;N]2@MHU.[<[_<3H3]<]![FG M6D!W&YE8/,XZKT4>@HLKZ!SSM[VQ:HHHJC`****`"BBB@`HHHH`****`"BBB M@`HHHH`****`"BBB@`HHHH`****`"D+!1DD`>YK(=M7NI'$2K!%D[2W!(_4T M@T)YCF\NY)#Z#M^=3?L:^SBOBD)KFI1FV\FWE5FZ%%%36]M+T*7]D6;)B2,NQZNS'<3]:KZ/"8;JZ2)RULIPN?[W>IWEDU M#,=JQC@Z//W/LO\`C5R&%((ECC4*JC@"JMV,'*2C9L61BD;,JEB`2%'>L_3- M9BU&5XEC:-U&<,>M:5P[U=61'B$JL"A7<&[8]:Y5`=L+JW6PMPT\0(C4$ M%QZ55DHWL*[O8CTS68]2G>)(F0HN[)(JY=74-G$9)Y`B^_?Z4Z.>&4D1RQN1 MR0K`US$N_6]?:%F(BB)&/10<'\2:E)-^0VVD7SXFB9RL%K+)^A_+FI;?7TG2 M[RWL3[U[7)EUB-M*>_\IMB MG&W//7']:I?\)3!_S[2?]]"KGB'_`)`MQ_P'_P!"%,\.$#2$)Z9-)L[R01?/%(W0..OXU:U"\6PM&N&0N%(&![G']:YK6!!+K42V04L2N[9T M+9_PK9\29_L27)YRF?\`OH4.*NO,$W9E;_A*8/\`GWD_[Z%6+#7XKZ[2W6%U M+9Y)'84SP[<01:3&LDT:-N;AF`/WC6JES!(VV.:-V]%8$T2LM+`K]RM/J45O M?I:S?+YBY5R>,^AJ[7+>*5+:C`HZE,#\ZMZ-JS)(=/OR5E0[59N_L?\`'O0X M>[=`I:V9I:GJ*:="LKH7#-MP#16?XK_X\8O^NE%:4Z<9*[(G-IZ&Y115:[OX M+,?O&RY^ZB\L?PKG-TFW9$EU;I=0-#)]UOTKD9;.6.[:V3$K@\;.<_X5O^7? M:C_K2;2`_P`"GYS]3VJ];6D%K'LAC"COZGZU#5SHIU717=CEF^IJ>J2.64[NX`!0`!@#H!1115&851UFQ^W6#HH_ M>+\R?7T_&KU%-.SN#5SCX=8:/0WM,D2@[5/<(?\`#I6WX>L?LE@'88DF^8^P M["J-QHA;7@0O^C.?-..@/O'_`J: M;Y59@_BU-&PTBVT^5Y(3)N9=IW'/%8>EN+/Q%/'-\N]G49]SD?I6SIMQJ4LS MB^MDBC"Y4KW/YFHM9T47[">!A'<*,>S?_7]ZE/5J0VM+HUJ*Y^&[UNT`BEM# M.!T;&3^8J[IMQJ5Q.S7<`AAV_*,8.?Q.:EPL-2N3:U_R";G_`'*J^&/^02O^ M^W\ZNZK$\^FSQ1*6=DP`.]5]`MIK73EBG0H^XG!/O3O[@?:#Q%_R!;C_`(#_ M`.A"L2+2C>:*EQ`/WZ$Y`_B'^-;^M027.ES10J7D;&`._(INAV\MKIR13(4< M$Y!-.,K1T$U=F?X9:R="HB5;M1\Q)R6'J/2KGB7_`)`TO^\G_H0JKJ^D3"Z6 M^TX8ESEE''/K_C5C44N[_0V0V[+<$KE,CLPY%-V;4@5TFBAHVBVM]IZ3S&3> M68':V!P2*U+/1;6RN!/"9-X!'S-D5F6)UJPME@BLD*J23G^]5^QN=6DN ME6ZM(XX3G_O16]K>C MK?IYT("W"C_OL>AHK:$XV,I1E`7E/61 M^6-6ZJW>H0VI",2\K?=C3EC7)IN=:3"I*M,PY/^Z*L6EA#:99`6D/WI&Y M8T44EW-)2:]U%JBBBF9A1110`4444`%%%%`!1110`4444`%%%%`!1110`444 <4`%%%%`!1110`4444`%%%%`!1110`4444`?_V3\_ ` end
-----END PRIVACY-ENHANCED MESSAGE-----