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): December 9, 1998
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JACOBS ENGINEERING GROUP INC.
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(Exact name of Registrant as specified in its charter)
Delaware 1-7463 95-4081636
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(State of (Commission File (I.R.S. Employer
Incorporation) File Number) Identification
Number)
1111 S. Arroyo Parkway, Pasadena CA 91105
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(Address of principal executive offices) (Zip code)
(626) 578 - 3500
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
On December 9, 1998, the Registrant announced it had signed an agreement in
principle for its merger with Sverdrup Corporation. The transaction is subject
to the execution of a definitive agreement and satisfaction of customary closing
conditions, including the approval of Sverdrup's shareholders, as well as the
expiration or termination of the Hart-Scott-Rodino Act waiting period.
The parties expect the transaction to close in January 1999. At closing, the
Registrant will pay total consideration of approximately $200.0 million in cash
to the shareholders of Sverdrup.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
99.1 Press release dated December 9, 1998
SIGNATURES
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 thereunto duly authorized.
Jacobs Engineering Group Inc.
/s/ John W. Prosser, Jr.
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John W. Prosser, Jr.
Senior Vice President, Finance
and Administration and Treasurer
Date: December 14, 1998
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