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UNITED STATES
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): SEPTEMBER 15, 1999
WEATHERFORD INTERNATIONAL, INC.
(Exact name of registrant as specified in charter)
DELAWARE 1-13086 04-2515019
(State of Incorporation) (Commission File No.) (I.R.S. Employer
Identification No.)
515 POST OAK BLVD., SUITE 600
HOUSTON, TEXAS 77027
(Address of Principal Executive Offices) (Zip Code)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (713) 693-4000
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EXHIBIT INDEX APPEARS ON PAGE 4
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ITEM 5. OTHER EVENTS.
WILLIAMS ACQUISITION
On September 15, 1999, we completed the acquisition of Williams Tool
Co. for $64 million, which was paid in the form of approximately 1.75 million
shares of our common stock. Williams is based in Fort Smith, Arkansas and is a
supplier of rotating control heads, which provide well control for underbalanced
drilling, completion and workover activities. We granted to the shareholders of
Williams certain registration rights regarding the shares of our common stock
received by them.
A copy of our press release announcing the closing of the acquisition
of Williams is filed as Exhibit 99.1 and is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
INFORMATION AND EXHIBITS
(c) Exhibits
10.1 Agreement and Plan of Reorganization dated September 14, 1999,
among Williams Tool Co., the shareholders of Williams Tool Co.,
the shareholders of Williams Tool Co. (Canada) Inc. (formerly
598148 Alberta Ltd.), Weatherford International, Inc. and
Weatherford Acquisition, Inc.
99.1 Press release dated September 15, 1999, announcing the closing
of the acquisition of Williams Tool Co.
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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 hereunto duly authorized.
WEATHERFORD INTERNATIONAL, INC.
Dated: September 24, 1999 By: /s/ Curtis W. Huff
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Curtis W. Huff
Senior Vice President
and General Counsel
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INDEX TO EXHIBITS
Number Exhibit
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10.1 Agreement and Plan of Reorganization dated September 14, 1999,
among Williams Tool Co., the shareholders of Williams Tool Co.,
the shareholders of Williams Tool Co. (Canada) Inc. (formerly
598148 Alberta Ltd.), Weatherford International, Inc. and
Weatherford Acquisition, Inc.
99.1 Press release dated September 15, 1999, announcing the
closing of the acquisition of Williams Tool Co.
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