LASON INC
8-K, 1999-07-15
MANAGEMENT CONSULTING SERVICES
Previous: ORCHARD SERIES FUND, 497, 1999-07-15
Next: AT HOME CORP, 424B3, 1999-07-15



<PAGE>   1
                             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): JUNE 30, 1999

                                   LASON, INC.
                     ---------------------------------------
             Exact name of Registration as Specified in its Charter


          DELAWARE                0-21407                       38-3214743
- ----------------------------     -----------              ----------------------
(State or other jurisdiction     (Commission                (I.R.S. Employer
     of incorporation)           File Number)             Identification Number)

         1305 STEPHENSON HIGHWAY
             TROY, MICHIGAN                                        48083
- ----------------------------------------                        ----------
(Address of Principal Executive Offices)                        (Zip Code)

                                 (248) 597-5800
                     ---------------------------------------
              (Registrant's Telephone Number, Including Area Code)



<PAGE>   2






ITEM 2.           ACQUISITION OR DISPOSITION OF ASSETS

                  On June 30, 1999, Lason, Inc. (the "Company") acquired all of
                  the outstanding shares of stock of M-R Group plc ("M-R"), a
                  United Kingdom publicly-held company, effected by means of a
                  Scheme of Arrangement ("Scheme of Arrangement") negotiated at
                  arm's length under Section 425 of the Companies Act 1985,
                  under the laws of the United Kingdom. M-R is a leading United
                  Kingdom document and data management company.

                  Under the Scheme of Arrangement, M-R shareholders receive up
                  to approximately 3,111,000 shares of Lason common stock
                  (including shares to be issued upon exercise of outstanding
                  M-R options). The shares of Lason common stock were issued in
                  a ratio of 5.376 shares of common stock of the Company for
                  every 100 M-R shares. On June 30, 1999, the closing price per
                  share of common stock of the Company on the NASDAQ National
                  Market System was $49.625. The shares of the common stock
                  of Lason issued to M-R shareholders who are not affiliates
                  (under United States securities laws) will be freely tradeable
                  under the Securities Act of 1933, as amended.

                  The merger is to be accounted for as a pooling-of-interests
                  for United States accounting purposes. In connection with the
                  pooling-of-interests, each of the Directors of M-R, the M-R
                  Group Employees' Share Ownership Plan Trust and the Directors
                  of the Company entered into Affiliate Agreements pursuant to
                  which they have agreed not to deal in the common stock of the
                  Company until the Company has published consolidated financial
                  results covering at least thirty days of operations of M-R and
                  the Company.

                  The Company is not aware of any material relationship that
                  existed between the Company, its officers and directors, on
                  one hand, and M-R, its officers, directors and its
                  shareholders, on the other hand, prior to the merger with M-R.

                  The Company intends to continue the utilization of the assets
                  of M-R in a manner consistent with that of their historical
                  usage, namely, providing a variety of data and document
                  management services including scanning and conversion,
                  electronic storage and retrieval, and micrographic and data
                  management services.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

                  (a)      Financial Statements of M-R:
                           To be filed on or before September 13, 1999

                  (b)      Not applicable

                  (c)      Exhibits:

                           2.15     Transaction Agreement between Lason, Inc.
                                    and M-R Group plc dated March 25, 1999, is
                                    hereby incorporated by reference to Exhibit
                                    2.15 of registrant's Form 10-Q filed on May
                                    17, 1999, Commission File No. 0-21407.

                           2.16     Amendment Agreement between Lason, Inc. and
                                    M-R Group plc dated April 30, 1999 is hereby
                                    incorporated by reference to Exhibit

                                                               Page 2 of 4 Pages
<PAGE>   3



                                    2.16 of registrant's Form 10-Q filed on May
                                    17, 1999, Commission File No. 0-21407.

                           2.17     Amendment Agreement between Lason, Inc. and
                                    M-R Group plc dated May 13, 1999 is hereby
                                    incorporated by reference to Exhibit 2.17 of
                                    registrant's Form 10-Q filed on May 17,
                                    1999, Commission File No. 0-21407.


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.

                  Dated:   July 15, 1999                      LASON, INC.



                                              By: /s/ William J. Rauwerdink
                                                 --------------------------
                                                   William J. Rauwerdink
                                                   Its: Executive Vice President


                                                               Page 3 of 4 Pages

<PAGE>   4


                                  EXHIBIT INDEX


Exhibit                             Description

2.15                        Transaction Agreement between Lason,
                            Inc. and M-R Group plc dated March
                            25, 1999, is hereby incorporated by
                            reference to Exhibit 2.15 of
                            registrant's Form 10-Q filed on May
                            17, 1999, Commission File No.
                            0-21407.

2.16                        Amendment Agreement between Lason,
                            Inc. and M-R Group plc dated April
                            30, 1999 is hereby incorporated by
                            reference to Exhibit 2.16 of
                            registrant's Form 10-Q filed on May
                            17, 1999, Commission File No.
                            0-21407.

2.17                        Amendment Agreement between Lason,
                            Inc. and M-R Group plc dated May 13,
                            1999 is hereby incorporated by
                            reference to Exhibit 2.17 of
                            registrant's Form 10-Q filed on May
                            17, 1999, Commission File No.
                            0-21407.



                                                       Page 4 of 4 Pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission