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 30,
1994
SOUTHERN INDIANA GAS AND ELECTRIC COMPANY
____________________________________________________________
(Exact name of registrant as specified in charter)
State or other jurisdiction of incorporation - Indiana
Commission File Number - 1-3553
IRS Employer Identification No. - 35-0672570
20 N. W. Fourth Street, Evansville, Indiana 47741-0001
__________________________________________________________
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(812)424-6411.
<PAGE>
Item 5. OTHER EVENTS.
On June 30, 1994, Southern Indiana Gas and
Electric Company (the "Company") completed the merger of its
wholly-owned subsidiary, Spencer Energy Corp. ("Spencer"),
with and into Lincoln Natural Gas Company, Inc.
("Lincoln"), an Indiana public utility corporation which
owns and operates a gas distribution system in Rockport,
Indiana and surrounding territory. As a result of the
merger, Lincoln's shareholders receive shares of the
Company's common stock having an aggregate market value of
approximately $1,365,000 and Lincoln survives as a wholly-
owned subsidiary of the Company, with Spencer ceasing to
exist. A copy of the Company's press release announcing the
merger is attached hereto as Exhibit 99.
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS.
(b) EXHIBITS:
99. Press Release, dated June 30, 1994.
SIGNATURE
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.
Dated: July 1, 1994
Registrant - SOUTHERN INDIANA GAS AND ELECTRIC COMPANY
/s/ A. E. Goebel
A. E. Goebel, Senior Vice President,
Chief Financial Officer, Secretary and
Treasurer
EX-99
SOUTHERN INDIANA GAS AND ELECTRIC COMPANY
NEWS RELEASE
June 30, 1994
SIGECO, LINCOLN NATURAL GAS MERGER TRANSACTION COMPLETED
A wholly-owned subsidiary of Southern Indiana Gas and Electric Company,
Spencer Energy Corp., is merging with and into Lincoln Natural Gas Company,
Inc., of Rockport, Indiana. This merger was completed on June 30, 1994,
with the final approval of the Securities and Exchange Commission.
As a result of the merger, Lincoln Natural Gas Company will continue to
operate as a separate subsidiary of Southern Indiana Gas and Electric
Company. Many benefits will result from the closer relationship of the two
companies, especially for the more than 1300 customers of Lincoln Natural
Gas Company in the city of Rockport and surrounding area in southwestern
Indiana, most of whom are also electric customers of SIGECO.
Southern Indiana Gas and Electric Company distributes and transports
natural gas to over 100,000 customers in ten counties in southwestern
Indiana, and generates and distributes electricity to over 117,000
customers in the area.
