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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, 1997
TEXAS UTILITIES COMPANY
FORMERLY KNOWN AS TUC HOLDING COMPANY
(Exact name of registrant as specified in its charter)
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TEXAS 1-12833 75-2669310
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
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1601 BRYAN STREET, ENERGY PLAZA, DALLAS, TEXAS 75201
(Address of principal executive offices)
Registrant's telephone number, including area code - (214) 812-4600
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ITEM 5. OTHER EVENTS
On November 21, 1997, Texas Utilities Company (Company) announced that
it had completed its acquisition of Lufkin-Conroe Communications Co. (LCC).
LCC is the parent company of Lufkin-Conroe Telephone Exchange, Inc.
and Lufkin-Conroe Telecommunications Corp. and its subsidiaries. The 100
year-old, privately held company is the fourth largest telephone company in
Texas and provides local telephone service to a growing area of Southeast
Texas. It also offers long-distance, cellular, Internet and other services.
Under the terms of the agreement, the Company acquired LCC for
approximately $328 million. Approximately 8.7 million shares of Texas
Utilities common stock will be issued to LCC shareholders in a stock for stock
exchange. Approximately $11 million of net debt will remain in place at LCC.
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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 thereunto duly authorized.
TEXAS UTILITIES COMPANY
By: /s/ Robert S. Shapard
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Robert S. Shapard
Treasurer and Assistant Secretary
Date: November 21, 1997
