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
August 14, 2000
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(Date of earliest event reported)
SAFETY-KLEEN CORP.
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(Exact name of Registrant as specified in its charter)
Delaware 001-8368 51-0228924
(State of (Commission File No.) (IRS Employer
Incorporation) Identification No.)
1301 Gervais Street, Suite 300,
Columbia, South Carolina 29201
(Address of principal executive offices, including zip code)
(803) 933-4200
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
<PAGE>
ITEM 5. OTHER EVENTS
On August 14, 2000, SK Europe, Inc. ("SK"), an indirect subsidiary of the
Registrant, sold its remaining interest in Safety-Kleen Europe Limited ("Europe
Limited") to Electra European Fund LP ("Electra"). SK received $34,365,631 in
cash and, subject to contingencies, an additional $1,275,000 in deferred
compensation payments. Europe Limited, was formed as a joint venture in 1998
between SK and Electra and each owned approximately 44% of the joint venture
prior to the sale.
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.
SAFETY-KLEEN CORP.
Date: August 29, 2000 By: /s/ David Thomas, Jr.
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David Thomas, Jr.
Chief Executive Officer and Chairman of
the Board
