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EX-99.1 - EXHIBIT 99.1 - Otter Tail Corpa50117989ex99_1.htm

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):  December 29, 2011


OTTER TAIL CORPORATION
(Exact name of registrant as specified in its charter)

Minnesota

0-53713

27-0383995

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

215 South Cascade Street, P.O. Box 496, Fergus Falls, MN      

56538-0496

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code:  (866) 410-8780

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 Events

On December 29, 2011, Otter Tail Corporation completed the sale of its trucking business, E.W. Wylie to Walden Smokey Point, Inc., a holding company based in Dallas, TX for approximately $25.0 million in cash. The proceeds from the sale are expected to be used for general corporate purposes.

Item 9.01     Financial Statement and Exhibits

(d)     Exhibits

99.1  Press Release issued December 29, 2011.

Signature

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.

OTTER TAIL CORPORATION

Date:

December 30, 2011

 

 

 

 

By:

/s/ George A. Koeck          

George A. Koeck

General Counsel & Corporate Secretary

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EXHIBIT INDEX

Exhibit

Description of Exhibit

 
99.1

Press release, dated December 29, 2011

3