SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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):
September 18, 2000
MARKET HUB PARTNERS STORAGE, L. P.
(Exact Name of Registrant as Specified in Charter)
DELAWARE 333-51713 76-0558052
(State or Other Jurisdiction (Commission File No.) (IRS Employer
of Incorporation) Identification No.)
5400 Westheimer Court 77251
Houston, Texas
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 713-627-5400
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Item 1. Change in Control of Registrant.
On September 18, 2000, all of the general partnership and limited
partnership interests of Market Hub Partners, L. P. ("MHP"), owner of the
general partner and all of the limited partnership interests of the registrant,
were acquired from subsidiaries of NiSource, Inc. by indirect subsidiaries of
Duke Energy Corporation ("Duke Energy"). The transaction resulted in a change in
control of the registrant. Duke Energy paid $250 million in cash in the
acquisition, and a total of $150 million in debt of MHP and the registrant
remained outstanding after completion of the transaction. Duke Energy used
short-term borrowings to fund the purchase price.
Press releases issued in connection with the announcement and
consummation of the transaction are attached hereto as Exhibits 99.1 and 99.2,
respectively, and are incorporated herein by reference.
Item 7. Exhibits.
Exhibit Number Description
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99.1 Press Release dated August 30, 2000.
99.2 Press Release dated September 18, 2000.
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.
MARKET HUB PARTNERS STORAGE, L. P.
By:
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David J. Nightingale
Vice President
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EXHIBIT INDEX
Exhibit Number Description
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99.1 Press Release dated August 30, 2000.
99.2 Press Release dated September 18, 2000.
