As filed with the Securities and Exchange Commission on December 23, 1997
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
December 23, 1997
Exact name of Registrant as
Commission specified in its charter, address State of I.R.S. Employer
File No. of principal executive offices, telephone Incorporation Identification No.
1-8349 FLORIDA PROGRESS CORPORATION Florida 59-2147112
One Progress Plaza
St. Petersburg, Florida 33701
Telephone (813) 824-6400
The address of neither registrant has changed since the last report.
Item 5. Other Events
In light of ongoing securities offerings by Florida Progress Corporation
("Florida Progress") and its subsidiaries, including Florida Power Corporation
("Florida Power") and Progress Capital Holdings, Inc., the following information
is being presented pending distribution of the combined Florida Progress and
Florida Power Annual Report on Form 10-K for the year ended December 31, 1997:
Florida Progress issued an Investor News report dated December 23, 1997
concerning the lawsuit filed by the receiver of Mid-Continent Life Insurance
Company ("MCL"), Florida Progress' insurance subsidiary, against Florida
Progress as well as certain current and former officers and directors of
Florida Progress and MCL. A copy of the Investor News report is being furnished
herewith as Exhibit 99.
Item 7. Financial Statements and Exhibits
(c) Exhibits:
Exhibit Number (by
reference to Item 601
of Regulation S-K) Description of Exhibit
99 Florida Progress Investor News report dated December 23,
1997 concerning the lawsuit filed by the receiver of
Mid-Continent Life Insurance Company ("MCL"), Florida
Progress' insurance subsidiary, against Florida Progress
as well as certain current and former officers and
directors of Florida Progress and MCL.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FLORIDA PROGRESS CORPORATION
/s/Kenneth E. McDonald
By:____________________________
Kenneth E. McDonald
Assistant Treasurer
Date: December 23, 1997
EXHIBIT INDEX
Exhibit No. Description of Exhibit
99 Florida Progress Investor News report dated December 23,
1997 concerning the lawsuit filed by the receiver of
Mid-Continent Life Insurance Company ("MCL"), Florida
Progress' insurance subsidiary, against Florida Progress
as well as certain current and former officers and
directors of Florida Progress and MCL.