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 (Date of earliest event reported): June 14, 2011
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LEUCADIA NATIONAL CORPORATION
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(Exact Name of Registrant as Specified in Its Charter)
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NEW YORK
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(State or Other Jurisdiction of Incorporation)
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1-5721
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13-2615557
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(Commission File Number)
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(IRS Employer Identification No.)
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315 PARK AVENUE SOUTH, NEW YORK, NEW YORK
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10010
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(Address of Principal Executive Offices)
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(Zip Code)
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212-460-1900
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(Registrant’s Telephone Number, Including Area Code)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Information.
Leucadia National Corporation (the “Company”) has sold an aggregate of 92,400,000 common shares of Fortescue Metals Group Ltd (“Fortescue”) for aggregate cash proceeds of $609,220,000. The Company will report a net securities gain on the sale of the Fortescue shares of $527,351,000 during the second quarter of 2011. Since the Company’s investment in Fortescue has been carried at market value with unrealized gains and losses recognized as a component of other comprehensive income, the change in consolidated shareholders’ equity from March 31, 2011 as a result of the sale is a decrease of $2,550,000.
The Company continues to hold approximately 4.99% of the outstanding shares of Fortescue.
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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.
| LEUCADIA NATIONAL CORPORATION | |||
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Date: June 16, 2011
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By:
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/s/ Joseph A. Orlando | |
| Name: Joseph A. Orlando | |||
| Title: Vice President and Chief Financial Officer | |||
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