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 19, 1997
KANSAS CITY SOUTHERN INDUSTRIES, INC.
(Exact name of company as specified in its charter)
DELAWARE 1-4717 44-0663509
(State or other jurisdiction (Commission file (IRS Employer
of incorporation) number) Identification Number)
114 West 11th Street, Kansas City, Missouri 64105
(Address of principal executive offices) (Zip Code)
Company's telephone number, including area code:
(816) 983 - 1303
Not Applicable
(Former name or former address if changed since last report)
<PAGE>
Item 5. Other Events
On September 19, 1997, Kansas City Southern Industries, Inc. ("Company")
announced its intention to separate its Transportation and Financial Asset
Management businesses. The form of the separation is in development and is
expected to be accomplished as early as the fourth quarter of 1997. The
structure and timing of the separation will depend on market conditions and
other factors. This transaction is intended to permit the Company to focus on
its growing financial services businesses, while allowing the transportation
business to independently realize its market value. The Company expects to
structure the transaction to preserve each segment's credit strength and
access to capital in the future.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Kansas City Southern Industries, Inc.
Date: September 26, 1997 By: /s/ Louis G. Van Horn
Louis G. Van Horn
Vice President and Comptroller
(Principal Accounting Officer)
