1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report (Date of earliest event reported) October 24, 2000 ------------------------------- EDUTREK INTERNATIONAL, INC. - ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Georgia 0-23021 58-2255472 - ------------------------------------------------------------------------------- (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 500 Embassy Row, 6600 Peachtree Dunwoody Road, Atlanta, Georgia 30328 - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (404) 965-8000 ----------------------------- N/A - ------------------------------------------------------------------------------- (Former name or former address, if changed since last report) 2 ITEM 9. REGULATION FD DISCLOSURE. On October 24, 2000, the Registrant issued a joint press release with Career Education Corporation ("CEC") announcing that the Registrant and CEC had entered into a definitive merger agreement. Pursuant to such agreement, CEC will acquire the Registrant through the merger of a subsidiary of CEC into the Registrant. The shareholders of the Registrant will receive an aggregate of 1.2 million shares of CEC common stock and $2.5 million in cash. A copy of the press release is furnished herewith as Exhibit 99.1. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (a) Financial Statements: None (b) Pro Forma Financial Statements: None (c) Exhibits. The following exhibits are furnished with this Report: 99.1 - Press Release of the Registrant (October 24, 2000) 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. EDUTREK INTERNATIONAL, INC. By: /s/ Steve Bostic ------------------------------------- Name: Steve Bostic Title: Chairman and Chief Executive Officer Dated: October 25, 2000