SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-1004
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) May 7, 1999
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Commission File Number 1-5324
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NORTHEAST UTILITIES
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(Exact name of registrant as specified in its charter)
MASSACHUSETTS 1-5324 04-2147929
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(State or other jurisdiction of Commission (I.R.S. Employer
incorporation or organization) File No.) Identification No.)
174 BRUSH HILL AVENUE, WEST SPRINGFIELD, MASSACHUSETTS 01090-0010
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(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code) (413) 785-5871
(Former name or former address, if changed since last report) Not Applicable
ITEM 5. OTHER EVENTS
Implementation of Shareholder Rights Plan
On April 30, 1999, Northeast Utilities received an order from the Securities
and Exchange Commission authorizing Northeast Utilities' previously announced
Shareholder Rights Plan (the "Plan") under the Public Utility Holding Company
Act of 1935. Pursuant to the order, Northeast Utilities implemented the Plan
and distributed to shareholders of record as of May 7, 1999, a dividend of
one Right for each outstanding common share. A description and the terms of
the Rights are set forth in the Rights Agreement dated as of February 23,
1999 between Northeast Utilities and Northeast Utilities Service Company, as
Rights Agent, which was filed as exhibit 1 to the Registration Statement on
Form 8-A filed by Northeast Utilities on April 12, 1999 and is incorporated
herein by reference. The terms of the Plan are further described in
Northeast Utilities Current Report on Form 8-K dated February 23, 1999.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
1. Rights Agreement dated as of February 23, 1999, between Northeast
Utilities and Northeast Utilities Service Company, as Rights Agent -
incorporated by reference to Exhibit 1 to the Registration Statement on
Form 8-A filed by Northeast Utilities on April 12, 1999 with the
Securities and Exchange Commission (SEC File No. 001-05324).
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
NORTHEAST UTILITIES
(registrant)
By: /S/ David R. McHale
Vice President and Treasurer
Date: May 12, 1999
