SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) August 30, 1999
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Hooper Holmes, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
New York
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(State or Other Jurisdiction of Incorporation)
1-9972 22-1659359
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(Commission File Number) (IRS Employer Identification No.)
170 Mt. Airy Road, Basking Ridge, NJ 07920
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(Address of Principal Executive Offices) (Zip Code)
(908) 766-5000
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(Registrant's Telephone Number, Including Area Code)
None
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(Former Name or Former Address, if Changed Since Last Report)
FORM 8-K
Item 5. Other Events
On August 30, 1999, the Company announced that it had entered into a
definitive agreement to purchase the assets of Paramedical Services of
America, Inc. ("PSA"), the Atlanta based paramedical examination subsidiary
of Pediatric Services of America, Inc. ("PSAI"). PSA provides paramedical
examinations through more than 200 locations throughout the United States.
The purchase price is expected to be between $85 million and $95 million,
and is subject to certain adjustments. The Company expects to initially
finance the purchase price with existing cash and bank borrowings. The
transaction is expected to close late in 1999, subject to certain
regulatory approvals and other customary closing conditions.
Item 7. Financial Statements and Exhibits
(C) Exhibits included herein:
(99.1) Press Release dated August 31, 1999
(99.2) Asset Purchase Agreement
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.
HOOPER HOLMES, INC.
Date: September 17, 1999 By: /s/ Robert William Jewett
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Robert William Jewett
Senior Vice President,
General Counsel & Secretary