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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event Reported) January 16, 1998
THE COLUMBIA GAS SYSTEM, INC.
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(Former name, changed since last report)
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COLUMBIA ENERGY GROUP
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(Exact name of registrant as specified in its charter)
Delaware 1-1098 13--1594808
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(State of other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
12355 Sunrise Valley Drive, Suite 300, Reston, VA 20191-3420
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(Address of principal executive offices)
Registrant's telephone number, including area code (703) 295-0300
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Item 5. Other Events
Effective at 5:00 p.m. on January 16, 1998, The Columbia Gas System,
Inc. (the "Company") changed its corporate name to "Columbia Energy Group." The
name change was effected by the merger of a newly-formed, wholly-owned
subsidiary of the Company with and into the Company, pursuant to Section 253 of
the General Corporation Law of the State of Delaware (the "Merger"). The Company
was the surviving corporation of the Merger. The only effect of the Merger was
to change the corporate name of the Company from "The Columbia Gas System, Inc."
to "Columbia Energy Group."
On January 20, 1998 the Company issued a news release announcing the
corporate name change of the Company. A copy of such news release is attached
hereto as Exhibit 99.1
Item 7. Financial Statements and Exhibits
(c) Exhibits
Designation Description
99.1 News Release, dated January 20, 1998, of
Columbia Energy Group announcing the
corporate name change of The Columbia Gas
System, Inc.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrants have duly caused this report to be signed on their behalf by the
undersigned thereunto duly authorized.
COLUMBIA ENERGY GROUP
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(Registrant)
By /s/ J. W. Grossman
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Vice President &
Controller
Date: January 20, 1998
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For 9:30 a.m. Release Contacts: Carl Ericson (703) 295-0424
Jan. 20, 1998 Simon Ruebens (703) 295-0426
COLUMBIA GAS CHANGES NAME TO COLUMBIA ENERGY GROUP
WASHINGTON, D.C. Jan. 20 -- The Columbia Gas System today announced it
has changed its name to Columbia Energy Group, reflecting its intention to be a
major player in the energy markets of the future.
Oliver G. Richard III, chairman, CEO and president of Columbia Energy
Group, told a news conference at the National Press Club in Washington, D.C.,
that the new name is part of a sweeping program to more accurately reflect what
Columbia already has become: "an energy provider that intends to compete
aggressively across the breadth of a dramatically changing industry."
"Our customers' needs and the regulatory and marketplace framework in
which we provide products and services offer new challenges and opportunities,"
Richard said. "The new corporate logo visually portrays the Columbia Energy
Group as a family of distinct business units with shared vision and values.
Wherever our customers see the Columbia logo, whether in the context of
regulated natural gas transmission or distribution or in nonregulated
electricity or natural gas marketing, they can be assured of receiving the same
quality of expertise and customer service they've come to expect from a Columbia
company."
Columbia's name change reflects its expanded participation in the energy
marketplace. For example, in the third quarter of 1997, Columbia tied for 13th
on a trade publication's list of the top 20 North American gas marketers.
Columbia Energy also began electricity trading last month, Richard said.
The Columbia Energy Group, headquartered in Reston, Va., is one of the
nation's leading energy groups, with assets of about $6 billion. Its operating
companies are engaged in all phases of the natural gas business plus marketing,
fuel management services and electric power generation, sales and trading.
Columbia companies, directly or indirectly, serve more than 7 million natural
gas customers -- 12 percent of the nation's total -- in 15 states and the
District of Columbia.
Information about the Columbia Energy Group is available on the World
Wide Web at www.columbiaenergygroup.com. Columbia stock continues to trade on
the New York Stock Exchange under the symbol CG.
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