UNITED STATES 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
Date of Report (date of
earliest event reported): August 30, 2001
Commission Registrant, State of Incorporation, I.R.S. Employer
File Number Address and Telephone Number Identification No.
- ----------- ----------------------------------- ------------------
1-6047 GPU, Inc. 13-5516989
(a Pennsylvania corporation)
300 Madison Avenue
Morristown, New Jersey 07962-1911
Telephone (973) 401-8200
1-3141 Jersey Central Power & Light Company 21-0485010
(a New Jersey corporation)
2800 Pottsville Pike
Reading, Pennsylvania 19640-0001
Telephone (610) 929-3601
ITEM 5. OTHER EVENTS.
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On August 30, 2001, the Administrative Law Judge ("ALJ") hearing the case
for the New Jersey Board of Public Utilities ("NJBPU") issued a recommended
decision approving the Stipulation of Settlement ("Settlement") previously
reported concerning the petition filed with the NJBPU by GPU, Inc.'s ("GPU")
subsidiary, Jersey Central Power & Light Company ("JCP&L"), and FirstEnergy
Corp. ("FirstEnergy"), in connection with the merger between GPU and
FirstEnergy. Parties to the Settlement include JCP&L, FirstEnergy, the Staff of
the NJBPU, the New Jersey Division of the Ratepayer Advocate, Independent Energy
Producers of New Jersey, The NewPower Company, Shell Energy Services Co., LLC
and Co-Steel Sayreville, Inc. The ALJ, among other things, found the Settlement
to be in the public interest, and he has filed the recommended decision with the
NJBPU for its consideration. The Settlement addresses New Jersey regulatory
conditions for consummating GPU's proposed merger with FirstEnergy of Akron,
Ohio. The NJBPU may adopt, reject or modify the recommended decision.
A copy of the Settlement was filed as an exhibit to registrants' Form 8-K
dated August 28, 2001.
Copies of the recommended decision and GPU's related news release are
annexed as exhibits hereto.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
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INFORMATION AND EXHIBITS.
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(c) Exhibits
1. Administrative Law Judge's Recommended Decision,
dated August 30, 2001.
2. GPU News Release, dated August 31, 2001.
SIGNATURE
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE
REGISTRANTS HAVE DULY CAUSED THIS REPORT TO BE SIGNED ON THEIR BEHALF BY THE
UNDERSIGNED THEREUNTO DULY AUTHORIZED.
GPU, INC.
JERSEY CENTRAL POWER & LIGHT COMPANY
By: /s/ T. G. Howson
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T. G. Howson, Vice President
and Treasurer
Date: September 4, 2001