UNITED STATES 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: July 1, 1999 VIAD CORP (Exact name of registrant as specified in its charter) DELAWARE 001-11015 36-1169950 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 1850 N. CENTRAL AVE., PHOENIX, ARIZONA 85077 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (602) 207-4000 ITEM 5. Other Events. On July 1, 1999, Viad Corp ("Viad") completed the previously announced sale of its airline catering business, conducted by Dobbs International Services, Inc. in the United States and by Dobbs International (U.K.) Limited in the United Kingdom (referred to collectively as "Dobbs"). Dobbs was sold in a stock transaction to SAirGroup for aggregate cash consideration of approximately $780 million. Effective April 1, 1998, Viad had previously sold its Aircraft Services International Group ("ASIG"), which conducted aircraft fueling and ground-handling operations. The sale of Dobbs completed the disposition of Viad's airline catering and services segment. The accompanying financial statements and other financial information (filed as Exhibit 99 and specifically incorporated by reference into this report) have been prepared to reflect the historical financial position and results of continuing operations as adjusted for the reclassification of the airline catering and services businesses as discontinued operations. The financial statements and other information contained in Viad's Annual Report on Form 10-K for the fiscal year ended December 31, 1998, are modified or superseded to the extent that the information contained in Exhibit 99 modifies or supersedes such statements and other information. ITEM 7. Financial Statements and Exhibits. (c) Exhibits. (23) Independent Auditors' Consent to the incorporation by reference into specific registration statements on Form S-3 or on Form S-8 of their reports contained in or incorporated by reference into this report. (99) Additional Exhibit 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. VIAD CORP By: /s/ Catherine L. Stevenson ---------------------------------- Catherine L. Stevenson Controller DATE: August 25, 1999