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) June 24, 1997
Registrant; State of Incorporation; IRS Employer
COMMISSION FILE NUMBER ADDRESS; AND TELEPHONE NUMBER IDENTIFICATION NO.
1-5532 PORTLAND GENERAL CORPORATION 93-0909442
(an Oregon Corporation)
121 SW Salmon Street
Portland, Oregon 97204
(503) 464-8820
1-5532-99 PORTLAND GENERAL ELECTRIC COMPANY 93-0256820
(an Oregon Corporation)
121 SW Salmon Street
Portland, Oregon 97204
(503) 464-8000
121 S.W. SALMON STREET, PORTLAND, OREGON 97204
(Address of principal executive offices) (zip
code)
Registrant's telephone number, including area code 503-464-8820
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ITEM 5. OTHER EVENTS
SHAREHOLDERS APPROVE MERGER - At Portland General Corporation's (PGC) annual
shareholders meeting on June 24, 1997 the shareholders of PGC common stock
voted to approve the Amended and Restated Agreement and Plan of Merger by and
between PGC, Enron Corp., and Enron Oregon Corp., dated as of July 20, 1996,
amended and restated as of September 24, 1996 and further amended and
restated as of April 14, 1997 (Amended Merger Agreement). The Amended Merger
Agreement provides for a new share exchange ratio. The previous ratio of 1.0
to 1.0 has been adjusted to a ratio of 0.9825 shares of Enron common stock
for every 1.0 share of PGC common stock. The merger transaction is expected
to close on or before July 1, 1997.
For further background information regarding the merger see the PGE and PGC
report on Form 10-K for the year ended December 31, 1996, report 10-Q for the
quarter ended March 31, 1997 and report on Form 8-K dated June 4, 1997.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrants have duly caused this report to be signed on their behalf by the
undersigned hereunto duly authorized.
Portland General Corporation
Portland General Electric Company
June 25, 1997 By /S/ JOSEPH E. FELTZ
Joseph E. Feltz
Assistant Controller
Assistant Treasurer