-----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, TY18rMnKc1ilJ54VydTvOBemjEl2XzafxPrAYKeO9WsjHLVEn7soAlOEBkiTXzx2 Pbchn1YRCZU3PE/c8pxY5g== /in/edgar/work/20000607/0000912057-00-027633/0000912057-00-027633.txt : 20000919 0000912057-00-027633.hdr.sgml : 20000919 ACCESSION NUMBER: 0000912057-00-027633 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000605 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000607 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OGDEN CORP CENTRAL INDEX KEY: 0000073902 STANDARD INDUSTRIAL CLASSIFICATION: [4581 ] IRS NUMBER: 135549268 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-03122 FILM NUMBER: 650855 BUSINESS ADDRESS: STREET 1: TWO PENNSYLVANIA PLZ - 25TH FLR CITY: NEW YORK STATE: NY ZIP: 10121 BUSINESS PHONE: 2128686100 MAIL ADDRESS: STREET 1: TWO PENNSYLVANIA PLZ - 25TH FLR CITY: NEW YORK STATE: NY ZIP: 10121 8-K 1 a8-k.txt 8-K 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): June 5, 2000 OGDEN CORPORATION (Exact name of registrant as specified in the charter) Delaware 1-3122 13-5549268 - ---------------------------- ------------------------ ------------------- (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) Two Pennsylvania Plaza New York, New York 10121 - ---------------------------------------- ------------------ -------- (Address of Principal Executive Offices) Zip Code Registrant's telephone number, including area code: (212) 868-6000 NONE (Former name or former address, if changed since last report) Item 5. OTHER EVENTS On June 5, 2000 Ogden Corporation issued a press release, a copy of which is attached hereto as Exhibit A. Item 7. FINANCIAL STATEMENTS AND EXHIBIT (a) Financial Statements of business acquired: Not Applicable (b) Pro forma financial information: Not Applicable (c) Exhibit: A) Press Release of Ogden Corporation, dated June 5, 2000, reporting that it had completed two major asset sales: (i) the sale of its Food and Beverage Concessions and Venue Management businesses to ARAMARK on June 2, 2000; and (ii) the sale of its Jazzland Theme Park in New Orleans to Alfa Alfa Holdings, S.A. of Greece on May 31, 2000. SIGNATURE Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized. OGDEN CORPORATION Dated: June 6, 2000 By: /s/ William J. Metzger ----------------------------- William J. Metzger Vice President and Chief Accounting Officer EX-99.A 2 ex-99_a.txt EXHIBIT 99A OGDEN CORPORATION Two Pennsylvania Plaza New York, NY 10121 EXHIBIT A CONTACT: Eric Berman Adam Wiener David Lilly at Kekst and Company 212-521-4800 or: Raymond E. Dombrowski Ogden Corporation 212-868-6000 FOR IMMEDIATE RELEASE OGDEN CLOSES TWO MAJOR TRANSACTIONS - MARKS MILESTONE IN TRANSITION TO PURE PLAY ENERGY COMPANY - - CLOSES FOOD AND BEVERAGE CONCESSIONS AND VENUE MANAGEMENT AGREEMENT WITH ARAMARK - - COMPLETES WATER AND THEME PARK TRANSACTION WITH ALFA ALFA AS JAZZLAND OPENS - NEW YORK, JUNE 5, 2000 - Ogden Corporation (NYSE: OG) today announced that it has completed two major asset sales: the sale of its Food and Beverage Concessions and Venue Management businesses to ARAMARK on June 2 and the sale of its Jazzland Theme Park in New Orleans to Alfa Alfa Holdings, S.A., of Greece on May 31. The remainder of the assets in the water and theme parks division transaction with Alfa Alfa closed on May 12, 2000. The sales are part of Ogden's strategy to sell its Entertainment and Aviation businesses in order to create a solid operating platform for its Energy business and serve the long-term interest of the Company's shareholders. Ogden will use proceeds of the non-core asset sales process to pay down debt. "Today's announcement marks another milestone in our restructuring. By closing these transactions, Ogden has substantially completed the disposition of its Entertainment assets," said Scott G. Mackin, President and Chief Executive Officer of Ogden Corporation. "Disposition of the remaining assets in the Company's Entertainment Group will continue on an 'asset-by-asset' basis. With the successful disposition of our major Entertainment assets, we are now concentrating on achieving similar results with our remaining Aviation assets, while also focusing on the sales of our remaining Entertainment assets and the OEES consulting division." As previously announced, the Company is currently exploring sales possibilities for the consulting division of its Ogden Environmental and Energy Services (OEES) subsidiary. On March 30, Ogden announced that it had signed a definitive agreement to sell to ARAMARK its food and beverage concessions and venue management businesses for approximately $235 million, consisting of cash and the assumption of approximately $11 million of associated debt. The Company announced on March 9 its agreement to sell its theme and water parks-related division to Alfa Alfa for approximately $148 million, consisting of cash and the assumption of approximately $80 million of associated debt. Under the terms of the agreement, Alfa Alfa's acquisition of Jazzland closed separately from the other water and theme park assets, upon the park's opening. * * * On September 17, 1999, Ogden announced its intent to sell its Entertainment and Aviation businesses to focus exclusively on its role as a leading energy company. Ogden Energy group is a global developer/owner and operator of independent power projects and provides related infrastructure services. Additional information about Ogden can be obtained via the Internet at www.ogdencorp.com, or through our automated information system at (888) 643-3612. Any statements in this communication which may be considered to be "forward looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995, are subject to certain risk and uncertainties. The factors that could cause actual results to differ materially from those suggested by any such statements include, but are not limited to, those discussed or identified from time to time in the Company's public filings with the Securities and Exchange Commission and more generally, general economic conditions, including changes in interest rates and the performance of the financial markets; changes in domestic and foreign laws, regulations, and taxes; changes in competition and pricing environments; and regional or general changes in asset valuations. # # # -----END PRIVACY-ENHANCED MESSAGE-----