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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of Earliest Event Reported): February 1, 2000
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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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NY2:\874575\01\$qtr01!.DOC\76830.0001
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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 and Exhibits.
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(c) Exhibits.
99.1 Press release of Leucadia National Corporation
dated February 1, 2000.
2
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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
Date: February 2, 2000
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EXHIBIT INDEX
Item No.
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99.1 Press release of Leucadia National Corporation
dated February 1, 2000.
4
Exhibit 99.1
LEUCADIA NATIONAL CORPORATION
315 PARK AVENUE SOUTH
NEW YORK, NEW YORK 10010
212-460-1900
PRESS RELEASE
February 1, 2000
FOR IMMEDIATE RELEASE
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Contact: Laura Ulbrandt ( 212) 460-1900
LEUCADIA NATIONAL CORPORATION ANNOUNCES SALE OF INTEREST IN
JORDAN TELECOMMUNICATION PRODUCTS, INC.
Leucadia National Corporation (LUK-NYSE and PCX ) today announced the sale of
its approximately 10% equity interest in Jordan Telecommunication Products, Inc.
This sale will result in a pre-tax gain of approximately $25 million to be
reflected in the Company's first quarter 2000 results of operations. In
addition, further consideration of up to approximately $7.5 million may be
received in the future upon the favorable resolution of certain contingencies.
Such amounts, if any, will be reported as income when received.
Leucadia National Corporation is a holding company for its consolidated
subsidiaries engaged in property and casualty insurance (through Empire
Insurance Company and Allcity Insurance Company), manufacturing (through its
Plastics Division), banking and lending (principally through American Investment
Bank, N.A.) and mining (through its 72.5% interest in MK Gold Company). 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), GFSI
Holdings, Inc. (6%), Jordan Industries, Inc. (10%) and PhoneTel Technologies,
Inc. (7%).
