1
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 27, 2000
CHECKFREE HOLDINGS CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 0-26802 58-2360335
- ------------------------------- --------------------- ----------------------
(STATE OR OTHER JURISDICTION OF (COMMISSION FILE NO.) (IRS EMPLOYER
INCORPORATION OR ORGANIZATION) IDENTIFICATION NUMBER)
4411 East Jones Bridge Road
Norcross, Georgia 30092
(678) 375-3000
(ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER
INCLUDING AREA CODE OF REGISTRANT'S
PRINCIPAL EXECUTIVE OFFICES)
Not Applicable
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
2
ITEM 5. OTHER EVENTS.
On April 27, 2000, CheckFree Holdings Corporation announced that it had
entered into a strategic agreement with Bank of America that will make
electronic billing and payment services available to the one out of every three
banking households in America that make up Bank of America's customer base.
Under the terms of the agreement, CheckFree will obtain Bank of America's
electronic billing and payment assets. Bank of America will receive 10 million
restricted shares of CheckFree Common Stock and 10 million performance-based
warrants for CheckFree Common Stock. Before considering shares issued for
pending acquisitions, the 10 million shares granted to Bank of America equate to
16 percent ownership of CheckFree.
CheckFree's press release issued April 27, 2000 regarding the Bank of
America agreement is attached as an exhibit to this report and is incorporated
in this Form 8-K by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(C) EXHIBITS.
EXHIBIT NO. DESCRIPTION
99 CheckFree Holdings Corporation's Press
Release issued April 27, 2000,
regarding the execution of a strategic
agreement with Bank of America.
2
3
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.
CHECKFREE HOLDINGS CORPORATION
Date: April 27, 2000 By: /s/ Allen L. Shulman
-------------------------------------------
Allen L. Shulman, Executive Vice President,
Chief Financial Officer and General Counsel
3
4
EXHIBIT INDEX
-------------
EXHIBIT NO. DESCRIPTION
99* CheckFree Holdings Corporation's Press
Release issued April 27, 2000,
regarding the execution of a strategic
agreement with Bank of America.
- ----------
* Filed with this report.