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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: September 29, 1995
ACS ENTERPRISES, INC.
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(Exact name of registrant as specified in charter)
Pennsylvania 1-11584 23-1976138
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
2510 Metropolitan Drive, Trevose, Pennsylvania 19053-6789
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (215) 396-9400
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ITEM 5. OTHER EVENTS
On September 29, 1995, ACS Enterprises, Inc. (the "Company"), pursuant
to an Agreement and Plan of Merger dated March 28, 1995, as amended, by and
among the Company, CAI Wireless Systems, Inc ("CAI") and CAI Transactions P,
Inc. (the "Merger Agreement") effected the transactions contemplated by the
Merger Agreement and became a wholly-owned subsidiary of CAI (the "Merger").
As a result of the Merger, each shareholder of the Company's Common
Stock will receive $3.50 in cash; plus 1.65 shares of CAI Common Stock in
exchange for each share of Common Stock of the Company held by such shareholder
prior to the Merger.
In connection with the Merger, trading on the Company's Common Stock
ceased at the close of business on September 28, 1995 and the Company de-listed
its Common Stock from the NASDAQ National Market. A copy of the joint press
release issued by the Company and CAI is attached hereto in the form of Exhibit
99.1.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits:
99.1 Joint Press Release issued by CAI Wireless Systems,
Inc. and ACS Enterprises, Inc. dated September 29,
1995.
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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 thereunto duly authorized.
ACS ENTERPRISES, INC.
By: /s/ Alan Sonnenberg
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Alan Sonnenberg, President
Dated: October 5, 1995
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EXHIBIT INDEX
Exhibit Sequential
Number Description of Exhibit Page Number
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99.1 Joint Press Release issued
by CAI Wireless Systems,
Inc. and ACS Enterprises,
Inc. dated September 29, 1995