================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
--------------------
FORM 8-K/A2
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 29, 1997 (July 14, 1997)
--------------------
PMT SERVICES, INC.
(Exact name of registrant as specified in its charter)
TENNESSEE 0-24420 62-1215125
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
incorporation) Number)
TWO MARYLAND FARMS
SUITE 200
BRENTWOOD, TENNESSEE 37027
(Address of principal executive offices) (Zip Code)
(615) 254-1539
(Registrant's telephone number, including area code)
================================================================================
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On July 14, 1997, PMT Services, Inc., a Tennessee corporation (the
"Company"), completed a business combination in which the Company acquired all
of the issued and outstanding capital stock of LADCO Financial Group ("LADCO").
Total consideration paid was 1,463,414 shares of the Company's Common Stock,
$.01 par value per share (the "Consideration"). The amount of Consideration paid
was determined through arm's length negotiations.
The assets acquired by the Company in the business combination
described above were used by LADCO to provide certain leasing services, and
LADCO, as a wholly-owned subsidiary of the Company, intends to continue such use
of the acquired assets.
The Company filed a Current Report on Form 8-K on July 18, 1997, in
connection with the above-referenced transaction which erroneously contained two
references to July 2, 1997 as the date of event requiring filing of the Form
8-K. The last condition to closing of the transaction was met on July 14, 1997,
when the California Secretary of State accepted the filings required for
consummation of the transaction and gave retroactive effect to the Filing as of
July 2, 1997. This Form 8-K/A contains the correct date of completion of the
business combination which is July 14, 1997.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Business Acquired. It is impracticable to
provide the required financial information for the acquired business
at this time. The required financial statements will be filed as
soon as practicable but not later than September 16, 1997.
(b) Pro forma financial information. It is impracticable to provide the
required supplemental financial information giving retroactive
effect to the acquired business at this time. The required
supplemental financial statements will be filed as soon as
practicable but not later than September 16, 1997.
(c) Exhibits:
2.1 Agreement and Plan of Merger, dated June 9, 1997, between the
Company, PMT LADCO Acquisition Corporation, LADCO and the Ladd
Family Trust (Previously filed as an exhibit to the Company's
Current Report on Form 8-K filed July 18, 1997).
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.
PMT SERVICES, INC.
BY: /s/ CLAY M. WHITSON
---------------------------------
Clay M. Whitson
Chief Financial Officer
DATE: July 29, 1997