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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 (Date of Earliest Event Reported): October 27, 1998
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ALLMERICA FINANCIAL CORPORATION
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(Exact name of Registrant as specified in its charter)
Delaware 1-13754 04-3263626
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(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) I.D. Number)
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440 Lincoln Street, Worcester, Massachusetts 01653
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(Address of Principal Executive Offices) (Zip Code)
(508) 855-1000
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Registrant's Telephone Number, including area code
Page 1 of 6 pages
Exhibit Index on page 5
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Item 5. Other Events
Allmerica Financial Corporation announced on October 27, 1998 that it, or a
subsidiary, will shortly commence a cash tender offer to acquire all of the
outstanding shares of Citizens Corporation common stock that it does not already
own at a price of $29.00 per share. If Allmerica Financial acquires at least 90
percent of the ownership interest in Citizens Corporation, it intends to
initiate a merger of Citizens Corporation with one of its subsidiaries through
which any remaining shares of Citizens Corporation not then owned by Allmerica
Financial or its subsidiaries will be converted into cash at the tender offer
price.
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Item 7. Financial Statements and Exhibits
Exhibit 99 Press release of Allmerica Financial dated October 27, 1998
announcing the tender offer.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
ALLMERICA FINANCIAL CORPORATION
By: /s/ Edward J. Parry, III
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Title: Vice President and
Chief Financial Officer
Date: October 27, 1998
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Exhibit Index Page
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Exhibit 99 Press release of Allmerica Financial dated October 27, 1998 6
announcing the tender offer