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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):June 18, 1996
ROMAC INTERNATIONAL, INC.
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(Exact name of registrant as specified in its charter)
Florida 0-26058 59-3264661
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
120 West Hyde Park Place, Suite 200, Tampa, Florida 33606
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Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (813)-258-8855
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N/A
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(Former name or former address, if changed since last report)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On June 18, 1996, Romac International, Inc. ("Romac") completed the
acquisition of the fixed assets and intangible assets of Bayshare, Inc., the
former legal entity for the Romac franchise for the San Francisco area pursuant
to an Asset Acquisition Agreement between Romac and Bayshare, Inc. (filed
herewith as Exhibit 2.1). The purchase price is approximately $5.0 million and
is subject to adjustment upon attainment of certain operating results. The
transaction was financed with the proceeds of Romac's secondary public
offering, which have been invested in short-term government securities since
May 1996.
The foregoing is subject to the actual provisions of the
above-referenced Asset Acquisition Agreement, which is incorporated herein by
reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED. It is impracticable to
provide the financial statements relative to the acquired business described in
Item 2 at the time this report on Form 8-K is filed. The Registrant intends
to file the required financial statements as soon as practicable, but no later
than 60 days from the date of this filing.
(b) PRO FORMA FINANCIAL INFORMATION. It is impracticable to provide the
pro forma financial information relative to the acquired business described in
Item 2 at the time this report on Form 8-K is filed. The Registrant intends to
file the required pro forma financial information as soon as practicable, but no
later than 60 days from the date of this filing.
(c) EXHIBITS.
Exhibit Number Description
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2.1 Asset Acquisition Agreement between Romac International,
Inc. and Bayshare, Inc.
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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.
ROMAC INTERNATIONAL, INC.
(Registrant)
By: /s/ Peter Dominici
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Peter Dominici, Chief Financial Officer
Secretary and Treasurer
Date: July 1, 1996