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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
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Date of Report (Date of earliest event reported):
May 15, 1997
USX Corporation
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(Exact name of registrant as specified in its charter)
Delaware 1-5153 25-0996816
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
600 Grant Street, Pittsburgh, PA 15219-4776
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(Address of principal executive offices) (Zip Code)
(412) 433-1121
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(Registrant's telephone number,
including area code)
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Item 5. Other Events.
On May 15, 1997, USX Corporation announced that its Marathon Group and
Ashland Inc. had signed a letter of intent to pursue a combination of major
elements of their refining, marketing and transportation operations. Under the
terms of the letter of intent, USX will have a 62% ownership and Ashland will
have a 38% ownership of a joint venture which is expected to be formed following
regulatory review and the completion of definitive agreements. A copy of the
press release is filed herewith as an exhibit.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
99.) Press Release.
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.
USX CORPORATION
By /s/ Kenneth L. Matheny
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Kenneth L. Matheny
Vice President & Comptroller
Dated: May 15, 1997