-----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, QpwaoBAjHhYEQkjmt682sg8fmLb3SCWTIfHr6PU6nPa5r5LlbpUKQBcA/Vp3lYEm gqiq57IZ4pcYA98U8liE0Q== /in/edgar/work/20000731/0000928385-00-002047/0000928385-00-002047.txt : 20000921 0000928385-00-002047.hdr.sgml : 20000921 ACCESSION NUMBER: 0000928385-00-002047 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000728 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KAISER GROUP INTERNATIONAL INC CENTRAL INDEX KEY: 0000856200 STANDARD INDUSTRIAL CLASSIFICATION: [4955 ] IRS NUMBER: 541437073 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-12248 FILM NUMBER: 682653 BUSINESS ADDRESS: STREET 1: 9300 LEE HWY CITY: FAIRFAX STATE: VA ZIP: 22031 BUSINESS PHONE: 7039343600 MAIL ADDRESS: STREET 1: 9300 LEE HWY CITY: FAIRFAX STATE: VA ZIP: 22031 FORMER COMPANY: FORMER CONFORMED NAME: ICF KAISER INTERNATIONAL INC DATE OF NAME CHANGE: 19930811 FORMER COMPANY: FORMER CONFORMED NAME: ICF INTERNATIONAL INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN CAPITAL & RESEARCH CORP /DE/ DATE OF NAME CHANGE: 19910314 8-K 1 0001.txt FORM 8-K U.S. 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 28, 2000 KAISER GROUP INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware File No. 1-12248 54-1437073 (State or other (Commission File (IRS Employer jurisdiction of Number) Identification No.) incorporation) 9300 Lee Highway Fairfax, Virginia 22031-1207 (Address of principal executive offices, including zip code) 703-934-3600 (Registrant's telephone number, including area code) Item 5. Other events ------------ In a press release dated July 28, 2000, Kaiser Group International, Inc. announced that it has completed the sale of its infrastructure and facilities business unit to Earth Tech Holdings, Inc., a unit of Tyco International, Ltd. A copy of this one-page press release is attached to this Report on Form 8-K as Exhibit 99(a). Item 7. Financial Statements and Exhibits --------------------------------- Exhibit 99(a) - Press Release SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. KAISER GROUP INTERNATIONAL, INC. (Registrant) /s/ Timothy P. O'Connor ----------------------- Timothy P. O'Connor Executive Vice President, Chief Financial Officer and Chief Administrative Officer Date: July 31, 2000 EX-99.A 2 0002.txt EXHIBIT 99(A) PRESS RELEASE Exhibit 99(a) FOR IMMEDIATE RELEASE Press Contact: Mary Rekenthaler - ------------------------------------------------------------------------------- 703/934-3086 Investor Contact: Nick Burakow 703/934-3665 KAISER GROUP INTERNATIONAL CLOSES ON SALE OF INFRASTRUCTURE AND FACILITIES BUSINESS TO EARTH TECH HOLDINGS, INC. FAIRFAX, VA, July 28, 2000 Kaiser Group International, Inc. (OTCBB: KSRG) announced today that it has completed the sale of its infrastructure and facilities business unit to Earth Tech Holdings, Inc., a unit of Tyco International, Ltd. (NYSE: TYC; LSE: TYI; BSX: TYC). The infrastructure and facilities business unit includes operations related to transit and transportation, water/wastewater, facilities design and construction, and microelectronics and clean technology. This transaction results from a study of strategic alternatives for Kaiser's engineering operations undertaken earlier this year in connection with the ongoing restructuring of the Company's debt. Kaiser reached a definitive agreement with Earth Tech on June 9, 2000. The $30 million asset sale was approved by the Delaware Bankruptcy Court on July 17, 2000. About Kaiser Group International - -------------------------------- Headquartered in Fairfax, Virginia, Kaiser Group International is one of the United States' leading providers of engineering, project management, construction management, and program management services. Its more than 3,000 employees, located in 30 offices around the world, serve the market areas of transit and transportation; alumina/aluminum and mining/minerals; facilities and water/wastewater; iron and steel; and microelectronics and clean technology. Kaiser Group International, Inc., the parent company of Kaiser Engineers, reported gross revenue of more than $870 million for the 12 months ended December 31, 1999. All references to Kaiser indicate Kaiser Group International, Inc. and any of its subsidiaries. About Earth Tech Holdings, Inc. - ------------------------------- Earth Tech is an international provider of global water management, and engineering and environmental services. Earth Tech is a part of Tyco Flow Control, which is one the major business units of Tyco International Ltd. Tyco Flow Control designs, manufactures and services pipes, couplings, fittings, meters, hangers, valves, cable trays, metal framing and fire sprinklers, and provides engineering consulting, total water management services, and environmental consulting and remediation. Forward-Looking Statements and Certain Factors Affecting Kaiser and Its - ----------------------------------------------------------------------- Businesses - ---------- This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are identified by the use of forward-looking terminology such as "may," "will," "could," "should," "expect," "believe," "anticipate," "aim," "intend," "plan," "estimate," or "continue" or the negative thereof or other variations thereof. Such forward- looking statements are necessarily based on various assumptions and estimates and are inherently subject to various risks and uncertainties, including risks and uncertainties relating to the possible invalidity of the underlying assumptions and estimates, that may cause actual results to differ materially from those stated or implied by these forward-looking statements. These forward-looking statements also are subject to company-specific risks and uncertainties, such as: the company's access to commercial lines of credit and commercially satisfactory contract performance guarantee mechanisms, including performance bonds; the performance of Kaiser-Hill Company, LLC under its new contract with the U.S. Department of Energy concerning provision of services at the DOE's Rocky Flats (Colorado) site; and the company's ability to: maintain existing contracts (including contracts with the federal government) at their existing or at improved levels, accurately estimate and recover costs incurred on fixed-price contracts, sign new contracts in established or new markets (including international markets), conclude and implement successfully certain acquisitions and joint-venture relationships, retain and attract key personnel, manage significant contingent liabilities arising out of prior operations and contacts, manage cash flow and liquidity needs, and avoid significant environmental fines, penalties and liabilities. ### -----END PRIVACY-ENHANCED MESSAGE-----