UNITED STATES
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 (Date of earliest event reported) August 21, 2000
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SJW Corp.
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(Exact name of registrant as specified in its charter)
California 1-8966 77-0066628
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
374 W. Santa Clara Street, San Jose, California 95196
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (408) 279-7800
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Not Applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events
On October 28, 1999, SJW Corp. (the "Registrant") and
American Water Works Company, a Delaware corporation,
("American") entered into a definitive merger agreement by which
a wholly owned subsidiary will merge with and into the
Registrant. A copy of the press release issued by the Registrant
on August 21, 2000 concerning the foregoing transaction is filed
herewith as Exhibit 99.1 and is incorporated by reference.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits
(a) Exhibits
99.1 Press Release of Registrant, dated
August 21, 2000
SIGNATURES
Pursuant to the requirements of the Securities Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
SJW Corp.
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August 21, 2000 /s/ Robert A. Loehr
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Robert A. Loehr, Secretary
EXHIBIT INDEX
Exhibit
Number Description of Document
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99.1 Press Release of Registrant, dated August 21, 2000,
SJW Corp. Merger Schedule.
PRESS RELEASE EXHIBIT 99.1
SJW CORP. MERGER SCHEDULE
SJW Corp. announced that it has received a ruling by
Commissioner Carl Wood, Assigned Commissioner for the California
Public Utilities Commission, that establishes the balance of the
schedule for consideration of the proposed SJW Corp. merger with
American Water Works Company, Inc. The schedule would allow for
a Commission decision in April, 2001.
On October 28, 1999, SJW Corp. and American Water Works
Company entered into an agreement and Plan of Merger pursuant to
which American Water Works Company would acquire all of the
common stock of SJW Corp. for approximately $390 million in cash,
or $128 per share, and the assumption of approximately $90
million in debt. The acquisition requires the approval of the
California Public Utilities Commission.
SJW Corp. is a publicly traded holding company (AMEX:SJW)
headquartered in San Jose, California. SJW Corp., through its
subsidiary San Jose Water Company, provides water service to
214,000 customers in San Jose and nearby communities. American
Water Works Company is the largest and most geographically
diverse investor-owned water utility enterprise based in the
United States. Headquartered in Voorhees, NJ, American Water
Works Company provides water, wastewater and other water resource
management services to more than 10 million people in 23 states.
This press release may contain certain forward looking
statements including but not limited to statements relating to
SJW Corp.'s plans, strategies, objectives, expectations and
intentions, which are made pursuant to the safe harbor provisions
of the U.S. Private Securities Litigation Reform Act of 1995.
These forward looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual
results, performance or achievements of SJW Corp. to be
materially different from any future results, performance or
achievements expressed or implied by such forward looking
statements. SJW Corp. undertakes no obligation to publicly
update or revise any forward looking statement, whether as a
result of new information, future events or otherwise.
