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: September 8, 1997
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(Date of the earliest event reported)
AMERICAN BUSINESS INFORMATION, INC.
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(Exact name of Registrant as specified in its charter)
Delaware 0-19598 47-0751545
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(State or other juris- (Commission (I.R.S. Employer
diction of incorporation) File Number) Identification Number)
5711 South 86th Circle, Omaha, Nebraska 68127
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(Address of principal executive offices) (Zip Code)
402/593-4500
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Registrant's telephone number, including area code
Item 5. Other Events
On September 8, 1997, American Business Information, Inc. (the
"Company") completed its acquisition of the retail and direct marketing
operations of Pro CD, Inc., a subsidiary of Acxiom Corporation (the
"Acquisition"). Pro CD, headquartered in Danvers, MA, is a leading provider of
telephone directory and other business software products on CD-ROM to consumers.
The cash payment for the purchase price of $18 million has been funded
by First Union National Bank (the "Bank") of North Carolina, pursuant to an
existing loan agreement between the Company and the Bank dated February 14,
1997, as amended and restated in connection with the Acquisition.
Item 7. Financial Statements
(c) Exhibits
99.1 Agreement of Sale of Certain Assets of Pro CD, Inc. a subsidiary of
Acxiom Corporation ("Acxiom") Corporation, to CD-Rom Technologies, Inc.
("CTI") a subsidiary of American Business Information, Inc. and License
of Technology from Axciom to CTI dated July 24, 1997
99.2 Technology License Agreement between Pro CD, Inc. and CD-Rom
Technologies, Inc. dated September 4, 1997
99.3 Data License Agreement between American Business Information, Inc.
and Acxiom Corporation dated July 24, 1997
99.4 Press Release dated September 8, 1997
99.5 Amended and Restated Credit Agreement between American Business
Information, Inc. and First Union National Bank, dated August 29, 1997,
including all Exhibits thereto
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.
Date: October 3, 1997 /s/ Steve Purcell
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Steve Purcell, Chief Financial Officer