0000203248-11-000039.txt : 20110624 0000203248-11-000039.hdr.sgml : 20110624 20110624160224 ACCESSION NUMBER: 0000203248-11-000039 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110624 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110624 DATE AS OF CHANGE: 20110624 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHERN UNION CO CENTRAL INDEX KEY: 0000203248 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION [4922] IRS NUMBER: 750571592 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06407 FILM NUMBER: 11930741 BUSINESS ADDRESS: STREET 1: 5444 WESTHEIMER RD CITY: HOUSTON STATE: TX ZIP: 77056-5306 BUSINESS PHONE: (713) 989-2000 MAIL ADDRESS: STREET 1: 5444 WESTHEIMER RD CITY: HOUSTON STATE: TX ZIP: 77056-5306 8-K 1 suform8k_062411.htm SOUTHERN UNION COMPANY FORM 8-K, JUNE 24, 2011 suform8k_062411.htm


UNITED STATES 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) June 24, 2011

SOUTHERN UNION COMPANY
(Exact name of registrant as specified in its charter)


Delaware
1-6407
75-0571592
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)


5444 Westheimer Road
Houston, Texas
(Address of principal executive offices)
77056-5306
(Zip Code)


Registrant's telephone number, including area code: (713) 989-2000



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):

࿠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 June 24, 2011, Southern Union Company (the “Company”) sent a letter to The Williams Companies, Inc., a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference.
  
ITEM 9.01 Financial Statements and Exhibits.
 
(d) Exhibits.
 
        Exhibit No.                   Exhibit
 
   99.1
 
 
 Letter from Southern Union Company to The Williams Companies, Inc. dated June 24, 2011
 
   
 
 
 



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 thereunto duly authorized.
 

     
 
SOUTHERN UNION COMPANY
 
(Registrant)
 
Date: June 24, 2011
 
  By:
 
/s/ Robert M. Kerrigan, III
 
Robert M. Kerrigan, III
 
Vice President - Assistant General Counsel and Secretary
 
 


 
EXHIBIT INDEX

              Exhibit No.                                        Description
 
      99.1                     Letter from Southern Union Company to The Williams Companies, Inc. dated June 24, 2011
 

EX-99.1 2 exhibit99_1.htm EXHIBIT 99.1 exhibit99_1.htm
[Southern Union Company Letterhead]

 
June 24, 2011


Via Facsimile  (918) 573 - 4900
 
Mr. Alan S. Armstrong
President and CEO
The Williams Companies, Inc.
One Williams Center
P.O. Box 2400
Tulsa, Oklahoma   74102-2400

Re:           Proposal of June 23, 2011
 
 
Dear Mr. Armstrong,

We are in receipt of your letter of June 23, 2011. Had you indicated during our meeting on January 31, 2011 that Williams' indication of interest (subject, as you said, to a range of contingencies and due diligence) was actually $39 rather than the $30 that you told us, our Board may have had a more "affirmative" response for you.  Also, Williams' indication was lower than another indication that the Board was seriously considering at that time from another party (not ETE) that did not require the range of contingencies you expressed as a concern.

Nonetheless, the Special Committee of Independent Directors of Southern Union as well as the full Board, with their financial and legal advisors, are analyzing carefully the proposal described in your June 23rd letter, and the Company will be responding to you expeditiously.

Sincerely,
/s/ Eric D. Herschmann

Eric D. Herschmann
Vice Chairman, President and Chief Operating Officer