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): September 30, 2000
KIEWIT MATERIALS COMPANY
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(Exact name of registrant as specified in its charter)
Delaware 000-29619 47-0819021
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(State or other (Commission File (IRS Employer
jurisdiction Number) Identification No.)
of incorporation)
Kiewit Plaza, Omaha, Nebraska 68131
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(Address of principal executive offices) Zip Code
Registrant's telephone number, including area code: (402) 536-3661
N/A
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(Former name or former address, if changed since last report.)
Item 5. Other Events
On September 30, 2000, Peter Kiewit Sons', Inc. ("Kiewit")
completed the previously announced separation of its construction business
and its materials business by distributing all of the shares of common stock
of Kiewit Materials Company, a formerly wholly owned subsidiary of Kiewit
("Materials"), it then held to Kiewit stockholders in a spin-off that is
intended to be tax-free for U.S. federal income tax purposes. The record
date for the spin-off dividend was set as of the close of business on
September 15, 2000.
On September 18, 2000, Kiewit mailed to its stockholders as of the
record date an information statement describing the spin-off and the
Materials common stock to be distributed in the spin-off. On September 30,
2000, Kiewit distributed the 32,288,840 shares of Materials common stock it
then held as a dividend on a pro rata basis to holders of Kiewit common stock
in the spin-off. In the spin-off, Kiewit stockholders received one share of
Materials common stock for each share of Kiewit common stock they held on the
record date.
Kiewit and Materials now operate as two separate, independent
companies.
SIGNATURES
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.
KIEWIT MATERIALS COMPANY
By: /s/ Mark E. Belmont
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Name: Mark E. Belmont
Title: Vice President, General
Counsel and Secretary
Dated: October 2, 2000
