SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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): November 14, 1996
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ACCUSTAFF INCORPORATED
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(Exact name of registrant
as specified in its charter)
Florida 0-24484 59-3116655
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
6440 Atlantic Boulevard, Jacksonville, FL 32211
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (904) 725-5574
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N/A
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(Former name or former address, if changed since last report.)
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On November 14, 1996, AccuStaff Incorporated (the "Company") completed the
previously announced acquisition of Career Horizons, Inc. ("Career") pursuant to
the Agreement and Plan of Merger dated August 25, 1996, among the Company,
Career and Sunrise Merger Corporation (the "Merger"). Pursuant to the Merger,
the former shareholders of Career will receive 1.53 shares of AccuStaff common
stock for each share of Career common stock. An aggregate of approximately
27,626,843 shares of AccuStaff common stock will be issued in exchange for all
of the issued and outstanding common stock of Career. In connection with the
Merger, AccuStaff's common stock was listed for trading on the New York Stock
Exchange under the symbol "ASI".
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(A) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED. The financial statements of
Career Horizons, Inc. have been previously filed with the Commission and are
incorporated by reference from the Company's registration statement on Form S-4
(Reg. No. 333-12207) and the Company's Quarterly Report on Form 10-Q for the
quarter ended September 30, 1996.
(B) PRO FORMA FINANCIAL INFORMATION. The required pro forma financial
statements have been previously filed with the Commission and are incorporated
by reference from the Company's registration statement on Form S-4 (Reg. No.
333-12207) and the Company's Quarterly Report on Form 10-Q for the quarter ended
September 30, 1996.
(C) EXHIBITS.
2.1 Agreement and Plan of Merger by and among AccuStaff Incorporated,
Sunrise Merger Corporation and Career Horizons, Inc. dated as of
August 25, 1996 (without schedules)/1/ incorporated by reference to
Exhibit 2.1 to the Company's Current Report on Form 8-K dated August
25, 1996, filed August 28, 1996.
23.1 Consent of Coopers & Lybrand L.L.P.
99.1 Press Release dated November 14, 1996.
99.2 Press Release dated November 13, 1996.
/1/ AccuStaff shall supplementary furnish a copy of any omitted schedule to
the Securities and Exchange Commission upon request.
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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.
ACCUSTAFF INCORPORATED
By: /s/ Derek E. Dewan
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Derek E. Dewan
President and Chief Executive
Officer
Dated: November 14, 1996
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EXHIBIT INDEX
Page
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2.1 Agreement and Plan of Merger by and among AccuStaff Incorporated,
Sunrise Merger Corporation and Career Horizons, Inc. dated as of
August 25, 1996 (without schedules)/1/ incorporated by reference
to Exhibit 2.1 to the Company's Current Report on Form 8-K dated
August 25, 1996 filed August 28, 1996.
23.1 Consent of Coopers & Lybrand L.L.P.
99.1 Press Release dated November 14, 1996.
99.2 Press Release dated November 13, 1996.
/1/ AccuStaff shall supplementary furnish a copy of any omitted schedule to
the Securities and Exchange Commission upon request.
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