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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) October 24, 2000
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The St. Joe Company
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(Exact Name of Registrant as Specified in Its Charter)
Florida
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(State or Other Jurisdiction of Incorporation)
1-10466 59-0432511
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(Commission File Number) (IRS Employer Identification No.)
1650 Prudential Drive, Suite 400, Jacksonville, FL 32207
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(Address of Principal Executive Offices) (Zip Code)
(904)396-6600
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(Registrant's Telephone Number, Including Area Code)
N/A
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(Former Name or Former Address, if Changed Since Last Report)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
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The purpose of this Form 8-K is to furnish the following information:
(a) On October 9, 2000 the St. Joe Company ("JOE") distributed to its
shareholders all of its equity interest in Florida East Coast Industries, Inc.
("FLA"). To effect the distribution, JOE exchanged its 19,609,216 shares of
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FLA Common Stock for an equal number of shares of a new class of FLA
Common Stock. On October 9, 2000, the new class of stock, FLA.B, was
distributed prorata to JOE Shareholders in a tax-free distribution.
For each share of JOE Common Stock owned of record on September 18,
2000, JOE Shareholders received 0.23103369 of a share of FLA.B Common
Stock.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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99.1 Proforma Financial Statements
SIGNATURES
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.
THE ST. JOE COMPANY
Dated: October 24, 2000 By: ROBERT M. RHODES
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Name: Robert M. Rhodes
Title: Executive Vice President and
General Counsel
