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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) November 13, 1995
SOUTHWEST GAS CORPORATION
(Exact name of registrant as specified in its charter)
California 1-7850 88-0085720
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
5241 Spring Mountain Road
Post Office Box 98510
Las Vegas, Nevada 89193-8510
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (702) 876-7237
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ITEM 5. OTHER EVENTS
Acquisition Agreement
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On November 13, 1995 Southwest Gas Corporation (Registrant or the Company) and
Northern Pipeline Construction Company (NPL) entered into a definitive
agreement calling for the acquisition of 100 percent of the outstanding stock
of NPL by Registrant for $24 million, which will be paid in common stock of
Registrant. The acquisition is anticipated to be completed during the first
half of 1996.
NPL, headquartered in Phoenix, Arizona, provides gas distribution companies
(including the Company) with installation, replacement and maintenance services
for underground natural gas distribution systems. The principal focus of
business operations centers around main and service line replacement and new
business installation of mains and services. NPL serves approximately 25
customers in numerous locations throughout the United States. At December 31,
1994 NPL had assets of $47 million. Annual revenues are approximately $100
million.
The Company intends that NPL will continue to operate under its present
management as a wholly owned subsidiary of the Company.
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.
SOUTHWEST GAS CORPORATION
Date: November 13, 1995 /s/ Edward A. Janov
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Edward A. Janov
Controller and Chief Accounting Officer
