SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
July 22, 1996
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(Date of Report - date of earliest event reported)
Northstar Computer Forms, Inc.
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(Exact name of registrant as specified in charter)
Minnesota 0-19056 41-0882640
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(State or other (Commission (IRS Employer
jurisdiction of file number) Identification No.)
incorporation)
7130 Northland Circle North
Brooklyn Park, Minnesota 55428
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(Address of principal executive offices) (Zip Code)
(612) 531-7340
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(Registrant's telephone number, including area code)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
(a) On July 22, 1996, Northstar Computer Forms, Inc. (the "Company")
acquired substantially all of the assets of the Financial Forms Division (the
"Division") of Deluxe Corporation, a Minnesota corporation ("Deluxe") from
Deluxe. Deluxe provides products and services primarily to the financial
payment systems industry and also markets specialty products to small businesses
and consumers. The purchase price for the Division was $9,200,000 cash. The
Company financed the purchase price with a $9,000,000 term loan and a $1,500,000
revolving credit facility issued by First Bank National Association.
(b) Substantially all of the assets acquired constituted plant, equipment
and other physical property used by the Division in the conduct of its financial
forms business. The Company intends to continue to use the assets for these
purposes in connection with its own financial forms business.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial statements of businesses acquired:
(4) It is impractical at this time to file the required financial
statements for the acquired business. Such statements will be filed as they
become available.
(b) Pro forma financial information:
(2) It is impractical at this time to file the required financial
statements for the acquired business. Such statements will be filed as they
become available.
(c) Exhibits:
2.1 Agreement of Purchase and Sale of Assets dated July 22, 1996, by
and between Northstar Computer Forms, Inc. and Deluxe Corporation
2.2 Revolving Credit and Term Loan Agreement dated July 22, 1996, by
and between Northstar Computer Forms, Inc., General Financial
Supply, Inc., and First Bank National Association
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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.
Dated: August 6, 1996.
NORTHSTAR COMPUTER FORMS, INC.
By /s/ Mary Ann Morin
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Mary Ann Morin,
Treasurer and Controller
(Principal Financial Officer)
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