SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) November 27, 1995
MDU RESOURCES GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 1-3480 41-0423660
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
400 North Fourth Street, Bismarck, ND 58501
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (701) 222-7900<PAGE>
Item 5. Other Events
On November 27, 1995, a suit was filed in District Court (the "Court"), County
of Burleigh, State of North Dakota by Minnkota Power Cooperative, Inc., Otter
Tail Power Company, Northwestern Public Service Company, and Northern
Municipal Power Agency (the "Co-owners"), the owners of an aggregate interest
of 75 percent of the Coyote electrical generating station (the "Coyote
Station"), against the Company (an owner of a 25 percent interest in the
Coyote Station) and Knife River Coal Mining Company ("Knife River"), the
Company's indirectly wholly-owned mining and construction materials
subsidiary. In its complaint, the Co-owners have alleged a breach of contract
against Knife River of the long-term coal supply agreement (the "Agreement")
between the owners of the Coyote Station and Knife River. The Co-owners have
requested a determination by the Court of the pricing mechanism to be applied
to the Agreement and have further requested damages during the term of such
alleged breach on the difference between the prices charged by Knife River and
the prices as may ultimately be determined by the Court. The Co-owners are
also alleging a breach of fiduciary duties by the Company as operating agent
of the Coyote Station, asserting essentially that the Company was unable to
cause Knife River to reduce its coal price sufficiently under such contract,
and are seeking damages in an unspecified amount. The Company and Knife River
believe they have meritorious defenses and intend to vigorously defend the
suit.
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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.
MDU RESOURCES GROUP, INC.
DATE: December 12, 1995 By /s/ WARREN L. ROBINSON
Warren L. Robinson
Vice President, Treasurer and
Chief Financial Officer
