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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)
OCTOBER 20, 1997
Halliburton Company
(Exact name of registrant as specified in its charter)
State or other Commission IRS Employer
jurisdiction File Number Identification
of incorporation Number
Delaware 1-3492 No. 75-2677995
3600 Lincoln Plaza
500 North Akard Street
Dallas, Texas 75201-3391
(Address of principal executive offices)
Registrant's telephone number,
including area code - 214/978-2600
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INFORMATION TO BE INCLUDED IN REPORT
Item 5. Other Events
The registrant may, at its option, report under this item any events,
with respect to which information is not otherwise called for by this form, that
the registrant deems of importance to security holders.
On October 20, 1997 registrant issued a press release entitled
Halliburton Units Agree to Sell Environmental Services Business to Tetra Tech,
Inc. pertaining, among other things, to an announcement that registrant 's Brown
& Root, Inc. and Halliburton NUS Corporation subsidiaries have signed a
definitive agreement to sell the assets of their environmental services business
to Tetra Tech. The agreement calls for Tetra Tech to pay cash consideration of
about $32 million. Completion of the sale is subject to Hart-Scott-Rodino
clearance. Registrant and Tetra Tech seek to close the transaction by year-end
1997.
Item 7. Financial Statements and Exhibits
List below the financial statements, pro forma financial information
and exhibits, if any, filed as part of this report.
(c) Exhibits.
Exhibit 20 - Press release dated October 20, 1997.
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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.
HALLIBURTON COMPANY
Date: October 21, 1997 By: /s/ Susan S. Keith
-----------------------------
Susan S. Keith
Vice President and Secretary
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EXHIBIT INDEX
Exhibit Sequentially
Number Description Numbered Page
20 Press Release of 5 of 6
October 20, 1997
Incorporated by Reference
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FOR IMMEDIATE RELEASE Contact: Guy T. Marcus Li-San Hwang
October 20, 1997 V. P.-Inv. Rel. President & CEO
Halliburton Tetra Tech
(214)978-2691 (626)351-4664
HALLIBURTON UNITS AGREE TO SELL ENVIRONMENTAL SERVICES BUSINESS
TO TETRA TECH, INC.
DALLAS, Texas - Halliburton Company (NYSE:HAL) and Tetra Tech, Inc.
(NASDAQ:WATR) jointly announced today that Halliburton's Brown & Root, Inc. and
Halliburton NUS Corporation subsidiaries have signed a definitive agreement to
sell the assets of their environmental services business to Tetra Tech. The
agreement calls for Tetra Tech to pay cash consideration of about $32 million.
Completion of the sale is subject to Hart-Scott-Rodino antitrust
clearance. Both Halliburton and Tetra Tech seek to close the transaction by
year-end 1997.
Halliburton's environmental business provides consulting, engineering
and design services for the environmental remediation of contaminated air, water
and soil. Customers include industrial clients as well as federal, state and
local governments, primarily in the United States. In 1996 the environmental
service business had revenues of about $100 million.
Tetra Tech provides comprehensive environmental and telecommunications
support services including research and development, engineering and design,
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Halliburton Company 2
construction management, and operation and maintenance. Tetra Tech provides
these services to a broad base of customers world-wide.
Halliburton Company is one of the world's largest diversified energy
services, engineering, maintenance, and construction companies. Founded in 1919,
Halliburton provides a broad range of energy services and products, industrial
and marine engineering and construction services.
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