UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
This current report on Form 8-K/A updates the pro forma financial information
included in the current report filed on Form 8-K on April 22, 2005, to reflect
the financial statements for the period ended March 31, 2005.
Date of Report (Date of earliest event reported): April 18, 2005
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RURAL/METRO CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 0-22056 86-0746929
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
9221 East Via de Ventura
Scottsdale, Arizona
85258
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code: (480) 606-3886
Check the appropriate box below if the Form 8-K/A filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] 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 2.01 Completion of Acquisition or Disposition of Assets.
Effective April 18, 2005, the Area Metropolitan Ambulance Authority
d/b/a MedStar ("MedStar") for metropolitan Forth Worth, Texas approved
Rural/Metro Corporation's (the "Company" ) proposal to discontinue operations in
metropolitan Fort Worth. The Company ceased providing service to the
metropolitan Fort Worth, Texas area May 1, 2005. The Company provided emergency
and non-emergency ambulance services to the Forth Worth area using ambulances,
equipment and other assets of MedStar. MedStar was obligated to pay the Company
for its services through April 30, 2005. The Company was not required to pay a
termination fee in connection with this discontinuation of service, and MedStar
returned the letter of credit that was furnished to MedStar by the Company as a
performance security. Assets of the Company not otherwise sold to MedStar
generally were not disposed of by the Company, but instead were redeployed in
other Company operations. In addition, the Company understands that the majority
of the Company's employees serving the Fort Worth area were offered employment
with MedStar. Following the Company's discontinuation of service in Forth Worth,
the Company now provides services to communities in 22 states.
The results of this service area will be included in discontinued
operations beginning with filings made for the quarter ended June 30, 2005. The
assets related to the service area totaled $2.6 million (primarily consisting of
accounts receivable of $1.0 million and a cash collateralized letter of credit
in the amount of $1.0 million) or 1.2% of total assets of the Company at March
31, 2005.
The Company provides emergency and non-emergency medical
transportation, fire protection, and other safety services in 22 states and
approximately 365 communities throughout the United States. For more
information, visit the Company's web site at www.ruralmetro.com.
Item 9.01 Financial Statements and Exhibits.
(a) Not applicable.
(b) Pro Forma Financial Information.
The required pro forma financial information is included as Exhibit
99.1 to this Report.
(c) Exhibits.
Exhibit No. Description
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99.1 Pro forma financial statements of Rural/Metro
Corporation
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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.
RURAL/METRO CORPORATION
Date: June 3, 2005 By: /s/ Michael S. Zarriello
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Michael S. Zarriello
Senior Vice President and
Chief Financial Officer
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EXHIBIT INDEX
Exhibit No. Description
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99.1 Pro forma financial statements of Rural/Metro Corporation
4