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 (Date of earliest event reported): July 30, 1998
THE PROFIT RECOVERY GROUP
INTERNATIONAL, INC.
(Exact name of registrant as specified in charter)
Commission File Number 0-28000
Georgia 58-2213805
(State or other jurisdiction of (IRS Employer Identification No.)
incorporation)
2300 Windy Ridge Parkway
Suite 100 North
Atlanta, Georgia 30339-8426
(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code (770) 779-3900
(Former name or former address, if changed since last report)
N/A
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ITEM 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S.
On July 30, 1998, in connection with the acquisition of substantially
all of the outstanding capital stock of Novexel S.A. ("Novexel"), a French
company located in Lyon, France that provides consulting services in connection
with grants to exploit technology, the Company issued 165,863 shares of its
Common Stock to the former stockholders of Novexel as part of the consideration
of the acquisition price. The shares were sold outside the United States in
reliance on multiple exemptions from registration including, without limitation,
Regulation S under the Securities Act of 1933, as amended.
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SIGNATURE
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.
THE PROFIT RECOVERY GROUP
INTERNATIONAL, INC.
Date: August 12, 1998 By: /s/ Donald E. Ellis, Jr.
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Donald E. Ellis, Jr., Senior
Vice President, Chief Financial
Officer and Treasurer
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