Viskase Companies Inc – ‘8-K’ for 7/7/00

On:  Monday, 7/10/00, at 3:54pm ET   ·   For:  7/7/00   ·   Accession #:  33073-0-7   ·   File #:  0-05485

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Date of Earliest Event 07-07-2000                      2±    10K 
 2: EX-99       Miscellaneous Exhibit                                  1      7K 

8-K   —   Date of Earliest Event 07-07-2000
Document Table of Contents

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) July 7, 2000               
                                  ------------

VISKASE COMPANIES INC.              
----------------------------------------------------                  
(Exact name of registrant as specified in its charter)                  

Delaware                 0-5485      95-2677354             
-------------------------------  ------------  ----------                       
(State or other jurisdiction of  (Commission    (I.R.S.                         
incorporation or organization)    File No.)     Employer                        
                        Identification
                        No.)

6855 West 65th Street, Chicago, Illinois        60638                           
----------------------------------------     -----------                        
(Address of principal executive offices)     (Zip Code)                         

Registrant's telephone number, including area code:  (708) 496-4200             
                                       ---------------

===========================================                                     

Page 1 of 4 Pages             

Item 5. - Other Events                                                          
------------                                                
On July 7, 2000, Viskase Companies, Inc. announced that it has                  
signed a definitive agreement to sell its plastic barrier and non-              
barrier shrink film business to Bemis Company, Inc. for a purchase              
price of $245 million which includes $228 million in cash upon                  
consummation of the transaction and $17 million in accounts                     
receivable excluded from the transaction. The sale is subject to                
customary conditions, including the receipt of governmental and                 
third party consents, and is expected to close in August 2000. A                
copy of a press release relating to the announcement is attached                
hereto as Exhibit 99.                                                           

Item 7. -     Financial Statements and Exhibits                                 
---------------------------------                   
(c)         Exhibits                                                        

EX-99       Press release dated July 7, 2000.                               

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.                        

                   VISKASE COMPANIES, INC.
                    ------------------------
                    Registrant

                      By:  /s/ Gordon S. Donovan
                          ------------------------
                   Gordon S. Donovan
                       Vice President, Chief
                           Financial Officer and
               Treasurer

July 10, 2000                                                                   

 2

Exhibit No.     Description of Exhibits              Page                       
-----------     ----------------------------------   ----                       
EX-99          Press release dated July 7, 2000.     4                        

   3

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing		Date		Other Filings
Filed on:		7/10/00		4
For Period End:		7/7/00		8-K
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