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: April 22, 1996
Date of Earliest Event Reported: April 14, 1997
H&R Block, Inc.
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Missouri
- --------------------------------------------------------------------------------
(State or other jurisdiction of incorporation or organization)
I-6089
- --------------------------------------------------------------------------------
(Commission File Number)
44-0607856
- --------------------------------------------------------------------------------
(I.R.S. Employer Identification No.)
4400 Main Street, Kansas City, Missouri 64111
- --------------------------------------------------------------------------------
(Address of principal executive office, including zip code)
(816) 753-6900
- --------------------------------------------------------------------------------
(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS
On April 14, 1997, H&R Block, Inc. ("Block") and Block Financial
Corporation ("BFC"), the financial services subsidiary of Block, entered into an
agreement with Fleet Financial Group, Inc. ("Fleet") for the purchase by BFC of
all of the stock of Option One Mortgage Corporation for $190 million in cash,
subject to closing and post-closing adjustments. The transaction was subject to
the approvals of the boards of directors of Block and BFC. Such approvals were
obtained on April 16, 1997, and the transaction was announced by Block that day.
The transaction is expected to be completed by the end of June and is subject to
regulatory approval and other customary closing conditions.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements of businesses acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
(c) Exhibits.
99.1 Press Release, dated April 16, 1997.
2
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.
H&R BLOCK, INC.
By:/s/ Frank L. Salizzoni
-------------------------------------
Frank L. Salizzoni
President and Chief Executive Officer
Date: April 22, 1997
3
EXHIBIT INDEX
Exhibit No. Description of Exhibit
- ----------- ----------------------------------------------------------
99.1 Text of press release issued by H&R Block, Inc. on
April 16, 1997
4