ONEOK INC /NEW/
8-K, 1999-06-22
NATURAL GAS TRANSMISISON & DISTRIBUTION
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<PAGE>   1
                       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



                                 June 22, 1999
                Date of Report (Date of earliest event reported)



                                  ONEOK, Inc.
             (Exact name of registrant as specified in its charter)



              Oklahoma               1-2572         73-1520922
    (State or other jurisdiction  (Commission      (IRS Employer
          of incorporation)       File Number)   Identification No.)


                        100 West Fifth Street; Tulsa, OK
                    (Address of principal executive offices)


                                      74103
                                   (Zip code)


                                 (918) 588-7000
              (Registrant's telephone number, including area code)


                                 Not Applicable
          (Former name or former address, if changed since last report)


<PAGE>   2

Items 1 - 4.      Not Applicable.

Item 5.           Other Events.

                  ONEOK, Inc. announced the Public Utilities Commission of
Nevada has approved the proposed merger between ONEOK, Inc., and Southwest Gas
Corporation.
                  On June 22, 1999, the Company issued a press release, a copy
of which is attached hereto as exhibit 99.a and incorporated herein by
reference.

Item 6.           Not Applicable

Item 7.           Financial Statements, Pro Forma Financial Information and
Exhibits.

Exhibit
No.               Description

99.a              Press release issued by ONEOK, Inc. dated June 22, 1999.

Items 8-9.        Not Applicable

<PAGE>   3

                                    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, on this 22nd day of June, 1999.


                                          ONEOK, Inc.

                                     By:  Jim Kneale
                                          --------------------------------------
                                          Jim Kneale, Vice President,
                                          Chief Financial Officer, and Treasurer


<PAGE>   4
                               INDEX TO EXHIBITS



<TABLE>
<CAPTION>
EXHIBIT
NUMBER                             DESCRIPTION
- -------                            -----------
<S>                    <C>
 99.a                  Press release issued by ONEOK, Inc. dated June 22, 1999.
</TABLE>

<PAGE>   1
                                                                    EXHIBIT 99.a



================================================================================
ONEOK FINANCIAL NEWS
================================================================================

ONEOK, INC.                                 CONTACT: WELDON WATSON, 918/588-7158
P. O. BOX 871
TULSA, OK 74102-0871                        FOR IMMEDIATE RELEASE, JUNE 22, 1999




                      PUBLIC UTILITIES COMMISSION OF NEVADA
                       APPROVES ONEOK/SOUTHWEST GAS MERGER


         TULSA, Oklahoma - The Public Utilities Commission of Nevada has
approved the proposed merger between ONEOK, Inc., (NYSE:OKE) and Southwest Gas
Corporation (NYSE:SWX). The approval calls for Southwest Gas to maintain its own
identity as the Southwest Gas Division of ONEOK. The merger will be virtually
seamless insofar as day-to-day operations are concerned, and Southwest Gas
customers will benefit from the stipulated agreements worked out by the
commission staff, the Attorney General's office and the companies.

         The proposed merger must also be approved by the regulatory authorities
in Arizona and California and the shareholders of Southwest Gas Corporation.
Antitrust clearance under the Hart-Scott-Rodino Act has already been achieved.

         ONEOK Chairman and Chief Executive Officer Larry Brummett, said, "We
are very pleased with the approval by the Nevada commissioners. We continue to
work diligently on the other required approvals and are optimistic that we will
complete the merger in a timely manner.

         ONEOK, Inc., is an integrated natural gas company involved in
production, processing, gathering, storage and transmission. The company is also
the largest natural gas distributor in Kansas and Oklahoma, operating as
Oklahoma Natural Gas Company and Kansas Gas Service Company, serving 1.4 million
customers.

                                       ###

Statements contained in this release that include company expectations or
prediction as to the accretive nature of the transaction and its expected
consummation are forward-looking statements intended to be covered by the safe
harbor provisions of the Securities Act of 1933 and the Securities and Exchange
Act of 1934. It is important to note that the actual results could differ
materially from those projected in such forward-looking statements. Among the
important factors which could affect actual results are the timing and terms of
regulatory approvals and operating results of ONEOK and Southwest Gas. More
information about the ONEOK and Southwest Gas transaction can be found under
Company News on the ONEOK web site at WWW.ONEOK.COM. Service area maps and logos
are available under Media Kit.




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