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): August 1, 2003
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The Williams Companies, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-4174 73-0569878
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
One Williams Center, Tulsa, Oklahoma 74172
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 918/573-2000
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Not Applicable
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(Former name or former address, if changed since last report)
Item 5. Other Events.
On August 1, 2003, The Williams Companies, Inc. ("Williams") announced
that it has agreed to terminate a long-term power contract with Allegheny
Energy, Inc. subsidiary Allegheny Energy Supply Company, LLC, for cash
consideration of $128 million payable to Williams.
On August 1, 2003, Williams also announced agreements involving the
sale of assets for cash proceeds in excess of $100 million. The sale of assets
involved a portion of its operations in Western Canada, a 20 percent aggregate
ownership interest in the West Texas LPG Pipeline Limited Partnership,
distributed-generation units and an associated third-party contract, and a
refined products management business.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
a) None
b) None
c) Exhibits
Exhibit 99.1 Copy of Williams' press release dated August 1,
2003, publicly reporting the matters discussed
herein, furnished pursuant to Item 9.
Exhibit 99.2 Copy of Williams' press release dated August 1,
2003, publicly reporting the matters discussed
herein, furnished pursuant to Item 9.
Item 9. Regulation FD Disclosure.
On August 1, 2003, Williams issued two press releases publicly
reporting the matters discussed herein. A copy of the press releases are
furnished as Exhibit 99.1 and 99.2 to this report.
Pursuant to the requirements of the Securities Exchange Act of 1934,
Williams has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE WILLIAMS COMPANIES, INC.
Date: August 5, 2003 /s/ Brian K. Shore
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Name: Brian K. Shore
Title: Secretary
INDEX TO EXHIBITS
EXHIBIT
NUMBER DESCRIPTION
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99.1 Copy of Williams' press release dated August 1, 2003, publicly reporting the matters
discussed herein.
99.2 Copy of Williams' press release dated August 1, 2003, publicly reporting the matters
discussed herein.