UNITED STATES
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): 02/27/2008
CDI Corp.
(Exact name of registrant as specified in its charter)
Commission File Number: 001-05519
Pennsylvania | | 23-2394430 |
(State or other jurisdiction of | | (IRS Employer |
incorporation) | | Identification No.) |
1717 Arch Street, 35th Floor
Philadelphia, PA 19103-2768
(Address of principal executive offices, including zip code)
(215) 569-2200
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
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 1.01. Entry into a Material Definitive Agreement
On February 27, 2008, CDI Corp. ("CDI" or the "Company"), along with certain of its subsidiaries, executed and delivered an amendment to the Company's existing Credit Agreement with JP Morgan Chase Bank, N.A. (the "Bank"). The Credit Agreement provides CDI with an unsecured, committed $45 million revolving line of credit facility. The principal objective of the amendment was to extend the term of this credit facility to February 27, 2009. The amendment also expanded the permitted investments which CDI may make and raised the dollar limit on the size of acquisitions which the Company may make without obtaining Bank approval.
Signature(s)
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.
| | | | | | CDI Corp. |
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| Date: March 04, 2008 | | | | By: | | /s/ Mark A. Kerschner
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| | | | | | | | | Mark A. Kerschner |
| | | | | | | | | Executive Vice President and Chief Financial Officer |
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