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
March 7, 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)
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ITEM 5. OTHER EVENTS
On March 7, 2000, PricewaterhouseCoopers LLP orally advised the registrant that
it was withdrawing its previously issued reports on the financial statements of
the registrant for the years ended August 31, 1999, 1998 and 1997. This notice
was followed up by a letter dated March 8, 2000, filed with this Current Report
on Form 8-K as Exhibit 99.1. The information contained in Exhibit 99.1 is
incorporated by reference herein.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Exhibit No. Description
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99.1 Correspondence from PricewaterhouseCoopers LLP dated
March 8, 2000, withdrawing previously issued reports
on financial statements.
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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.
SAFETY-KLEEN CORP.
Date: March 9, 2000 By: /s/ Grover C. Wrenn
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Grover C. Wrenn
Its: Vice Chairman
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EXHIBIT INDEX
Exhibit No. Description
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99.1 Correspondence from PricewaterhouseCoopers LLP dated
March 8, 2000, withdrawing previously issued reports
on financial statements.
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EXHIBIT 99.1
March 8, 2000
Mr. Grover C. Wrenn
Vice Chairman of the Board
Safety-Kleen, Corp.
P.O. Box 11393
Columbia, South Carolina 29211
Dear Mr. Wrenn:
As you are aware, subsequent to the issuance of our report dated October 5, 1999
on the financial statements of Safety-Kleen Corp. for the years ended August 31,
1999, 1998 and 1997, respectively, you advised that the representations
previously provided by management in connection with the Safety-Kleen Corp.
financial settlements for the years ended August 31, 1999, 1998 and 1997 may no
longer be relied upon. Accordingly, we are advising you that we are withdrawing
our previously issued reports on the financial statements of Safety-Kleen Corp.
for those years. Such reports should no longer be relied upon or associated with
the financial statements of Safety-Kleen Corp. for the years ended August 31,
1999, 1998 and 1997.
You should consult with your counsel about providing appropriate notifications
to persons and regulators who are known to be relying or are likely to rely on
the financial statements and the related reports that they should not be relied
upon, and that revised financial statements and auditor's report will be issued
upon completion of an investigation.
/s/ PricewaterhouseCoopers LLP
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