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
Date of Report - December 27, 1995
(Date of earliest event reported)
Questar Corporation
(Exact name of registrant as specified in charter)
STATE OF UTAH 1-8796 87-0407509
(State or other juris- (Commission (I.R.S. Employer
diction of incorporation File No.) Identification No.)
or organization)
P.O. Box 45433, 180 East First South Street, Salt Lake City, Utah 84145-0433
(Address of principal executive offices)
Registrant's telephone number, including area code (801) 534-5000
Not Applicable
(Former name or former address, if changed since last report.)
FORM 8-K
CURRENT REPORT
Item 5. Other Events.
On December 27, 1995, Questar Pipeline Company (Questar Pipeline), a
wholly owned subsidiary of Questar Corporation, announced that it will not
complete the purchase of Kern River Corporation, which is a wholly owned
subsidiary of Tennessee Gas Pipeline Company and which is one of two equal
partners in the Kern River Gas Transmission Company. (See Questar's Current
Report on Form 8-K dated September 8, 1995, announcing the purchase.) This
decision was made after the Federal Trade Commission determined that it would
oppose the transaction.
Item 7. Financial Statements and Exhibits.
(a) Exhibits.
Exhibit No. Exhibit
99.1 Press release issued on December 27, 1995.
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 thereunto duly authorized.
QUESTAR CORPORATION
(Registrant)
January 3, 1996 By /s/R. D. Cash
(Date) R. D. Cash
Chairman, President and
Chief Executive Officer
Exhibit 99.1
QUESTAR SUBSIDIARY ENDS QUEST FOR KERN RIVER
December 31, 1995
SALT LAKE CITY -- Questar Pipeline Co. said today it will not complete
the purchase of Tennessee Gas Pipeline Co.'s 50 percent interest in the Kern
River Gas Transmission Co. following a Federal Trade Commission (FTC)
decision to oppose the transaction.
The FTC announced Wednesday it would file a lawsuit if the purchase
were closed. The FTC cited concerns over potential anti-competitive aspects
of the proposed purchase.
Tennessee and Questar filed documents with the FTC in September to
comply with federal requirements. In subsequent months, Tennessee and Questar
conducted extensive discussions with the FTC staff and provided information
to demonstrate the purchase would not reduce competition for
gas-transportation services in Utah.
Kern River is a 904-mile pipeline system that begins near Opal, Wyo.,
runs through the northern and western portions of Salt Lake City, and on to
Daggett in San Bernardino County, Calif. From there, Kern River is part of
a joint pipeline system with Mojave Pipeline that extends to a point near
Bakersfield, Calif.
Questar Pipeline is a subsidiary of Salt Lake City-based Questar Corp.
(NYSE: STR)
