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):
October 14, 1994
KANSAS CITY SOUTHERN INDUSTRIES. INC.
(Exact name of registrant as specified in its charter)
DELAWARE 1-4717 44-0663509
(State or other juris- (Commission file (IRS Employer
diction of incorporation) number) Identification number)
114 West 11th Street, Kansas City, Missouri 64105
(Address of principal executive offices) (Zip Code)
Reqistrant's telephone number, including area code:
(816) 556-0303
N/A
(Former name or former address if changed since last report)
<PAGE>
Item 5. Other Events.
On October 14, 1994, Kansas City Southern Industries, Inc. ("the Registrant")
closed the previously announced acquisition of a controlling interest in
Berger Associates, Inc. ("Berger"). Berger is the investment advisor to The
Berger One Hundred Fund, The Berger One Hundred and One Fund, and The Berger
Small Company Growth Fund, as well as to private accounts. KCSI increased its
ownership from approximately 18% to over 80%.
On October 24, 1994, the Registrant and Illinois Central Corporation ("IC")
jointly announced that they mutually agreed to terminate the Letter of Intent
between them dated July 19, 1994. The Letter of Intent provided for the
merger of the Registrant into IC after a spin-off of the Registrant's non-
transportation operations and had been previously reported in a Form 8-K dated
July 19, 1994. The Registrant and IC were not able to reach a definitive
agreement on a number of issues. The Registrant and IC's joint press release
is attached as an exhibit submitted pursuant to Item 7.
Item 7. Financial Statements and Exhibits
(c) Exhibits.
Exhibit No. Document
(99) Additional Exhibits
99.1 Press Release, dated October 24, 1994
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.
Kansas City Southern Industries, Inc.
Date: October 27, 1994 By: /s/ Louis G. Van Horn
Louis G. Van Horn
Comptroller
(Principal Accounting Officer)
Exhibit Index
Exhibit No. Document Page No.
99.1 Press Release, dated October 24, 1994 2
NEWS RELEASE - OCTOBER 24, 1994 "Exhibit 99.1"
ILLINOIS CENTRAL AND KANSAS CITY SOUTHERN INDUSTRIES, INC.
TERMINATE NEGOTIATIONS FOR ACQUISITION OF THE KANSAS CITY
SOUTHERN RAILWAY
Illinois Central Corporation and Kansas City Southern Industries, Inc. jointly
announced today that they have mutually agreed to terminate the Letter of
Intent between them dated July 19, 1994 and the acquisition by Illinois
Central from Kansas City Southern Industries of the Kansas City Southern
Railway and certain related assets.
The two companies said that they had not been able to reach a definitive
agreement on a number of issues. The acquisition was to have been
accomplished by a merger of Illinois Central Corporation and Kansas City
Southern Industries, Inc. immediately following the spin-off by Kansas City
Southern Industries to its shareholders of the stock of a subsidiary holding
its financial services businesses, which consist principally of DST Systems,
Inc. and Janus Capital Corporation.
