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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): February 17, 1999
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LEUCADIA NATIONAL CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
NEW YORK
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(State or Other Jurisdiction of Incorporation)
1-5721 13-2615557
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(Commission File Number) (I.R.S. Employer Identification No.)
315 PARK AVENUE SOUTH, NEW YORK, N.Y. 10010
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(Address of Principal Executive Offices) (Zip Code)
(212) 460-1900
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
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NYFS04...:\30\76830\0146\347\FRM2179S.390
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Item 5. Other Events
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The information set forth in the press release issued by Leucadia
National Corporation, attached hereto as Exhibit 99.1, is incorporated herein by
reference.
Item 7. Financial Statements, Pro Forma Financial Statements and Exhibits
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(c) Exhibits
99.1 Press release of Leucadia National Corporation dated February
17, 1999.
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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 hereunto duly authorized.
LEUCADIA NATIONAL CORPORATION
By: /s/ Barbara L. Lowenthal
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Barbara L. Lowenthal
Vice President and Comptroller
Date: February 17, 1999
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EXHIBIT INDEX
Item No.
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99.1 Press release of Leucadia National Corporation dated
February 17, 1999.
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LEUCADIA NATIONAL CORPORATION
315 PARK AVENUE SOUTH
NEW YORK, NEW YORK 10010
212-460-1900
PRESS RELEASE
February 17, 1999
FOR IMMEDIATE RELEASE
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Contact: L. Ulbrandt (212) 460-1900
LEUCADIA NATIONAL CORPORATION
ANNOUNCES SALE OF INTEREST IN RUSSIAN JOINT VENTURE
New York, New York -- Leucadia National Corporation (NYSE and PCX: "LUK")
today announced that it sold its remaining interest in its Russian beverage
bottling and distribution joint venture with PepsiCo, Inc. to a PepsiCo
affiliate. This transaction will result in a pre-tax gain of approximately
$29,545,000, which will be reflected in the Company's first quarter 1999
results of operations.
Leucadia National Corporation is a holding company for its consolidated
subsidiaries engaged in life insurance (through Charter National Life
Insurance Company and Intramerica Life Insurance Company), property and
casualty insurance (through Empire Insurance Company and Allcity Insurance
Company), manufacturing (principally through its Plastics Division) and
banking and lending (principally thorough American Investment Bank, N.A.).
The Company also currently has equity interests of more than 5% in the
following domestic public companies: Carmike Cinemas, Inc. (6% of Class A
Shares), Jordan Industries, Inc. (10%), Jordan Telecommunications Products,
Inc. (10%) and MK Gold Company (46%).
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