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) July 7, 2000
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VISKASE COMPANIES INC.
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(Exact name of registrant as specified in its charter)
Delaware 0-5485 95-2677354
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(State or other jurisdiction of (Commission (I.R.S.
incorporation or organization) File No.) Employer
Identification
No.)
6855 West 65th Street, Chicago, Illinois 60638
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (708) 496-4200
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Page 1 of 4 Pages
Item 5. - Other Events
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On July 7, 2000, Viskase Companies, Inc. announced that it has
signed a definitive agreement to sell its plastic barrier and non-
barrier shrink film business to Bemis Company, Inc. for a purchase
price of $245 million which includes $228 million in cash upon
consummation of the transaction and $17 million in accounts
receivable excluded from the transaction. The sale is subject to
customary conditions, including the receipt of governmental and
third party consents, and is expected to close in August 2000. A
copy of a press release relating to the announcement is attached
hereto as Exhibit 99.
Item 7. - Financial Statements and Exhibits
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(c) Exhibits
EX-99 Press release dated July 7, 2000.
SIGNATURES
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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.
VISKASE COMPANIES, INC.
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Registrant
By: /s/ Gordon S. Donovan
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Gordon S. Donovan
Vice President, Chief
Financial Officer and
Treasurer
July 10, 2000
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Exhibit No. Description of Exhibits Page
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EX-99 Press release dated July 7, 2000. 4
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