-----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, WC6ms/wgqCVZje9XB3YJ7lRZqc7BcoPQhxgm95EuLamSttz7Rsl05J3aehOsoCw6 W7wtXm772eDpQ9YiH4IVwQ== 0000950116-03-004661.txt : 20031126 0000950116-03-004661.hdr.sgml : 20031126 20031126094511 ACCESSION NUMBER: 0000950116-03-004661 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20031121 ITEM INFORMATION: Other events FILED AS OF DATE: 20031126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PHILADELPHIA SUBURBAN CORP CENTRAL INDEX KEY: 0000078128 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] IRS NUMBER: 231702594 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06659 FILM NUMBER: 031024669 BUSINESS ADDRESS: STREET 1: 762 LANCASTER AVE CITY: BRYN MAWR STATE: PA ZIP: 19010 BUSINESS PHONE: 2155278000 MAIL ADDRESS: STREET 1: 762 LANCASTER AVE CITY: BRYN MAWR STATE: PA ZIP: 19010 8-K 1 eightk.htm 8-K Prepared and filed by St Ives Burrups

UNITED STATES 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):     November 21, 2003

Philadelphia Suburban Corporation
(Exact Name of Registrant Specified in Charter)

Pennsylvania       001-06659       23-1702594
(State or Other
Jurisdiction of
Incorporation)		      (Commission File
     Number)		      (I.R.S. Employer
     Identification No.)


762 West Lancaster Avenue  
            Bryn Mawr, Pennsylvania             19010-3489
(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code:     (610) 527-8000

                                          Not Applicable                                          
(Former Name or Former Address, if Changed Since Last Report)

Item 5.     Other Events.

     On November 21, 2003, Philadelphia Suburban Corporation announced that it had reached an agreement with ALLETE Water Services, Inc., a subsidiary of ALLETE, Inc., to acquire the capital stock of Heater Utilities, Inc., which owns water and wastewater systems located in North Carolina. The stock purchase agreement includes a payment of $48 million in cash and the assumption of approximately $28 million in debt. The closing is expected to occur during the second quarter of 2004 and is contingent upon receipt of regulatory approval. The acquisition will add customer locations in the areas of suburban Raleigh, Charlotte, Gastonia and Fayetteville, North Carolina.

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SIGNATURE

     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.

   PHILADELPHIA SUBURBAN CORPORATION
     
  By: ROY H. STAHL
    Roy H. Stahl
  Executive Vice President and General Counsel

Dated: November 26, 2003

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