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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 30, 1997
Commission file number 1-7479
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BAY STATE GAS COMPANY
(Exact name of registrant as specified in its charter)
Massachusetts 04-2548120
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
300 Friberg Parkway, Westborough, Massachusetts 01581-5039
(508/836-7000)
(Address and telephone number of principal executive offices)
NOT APPLICABLE
(Former name, former address and former fiscal year,
if changed since last report)
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ITEM 5. OTHER EVENTS
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On June 30, 1997 Bay State Gas Company ("Bay State") sold its 17.5% equity
interest in the MASSPOWER electric cogeneration facility. The proceeds from this
sale are well in excess of book value, and will contribute approximately $0.57
to earnings per share in the third quarter of fiscal 1997. MASSPOWER was a
successful investment for Bay State, but did not represent a future core
business.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
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Exhibits
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99. Press release dated June 30, 1997 pertaining to the sale of the
MASSPOWER investment.
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SIGNATURES
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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.
BAY STATE COMPANY
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(Registrant)
/s/ Thomas W. Sherman
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Thomas W. Sherman
Executive Vice President and Chief
Financial and Accounting Officer
/s/ Stephen J. Curran
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Stephen J. Curran
Controller
Date: July 1, 1997