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WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
Date of report (Date of earliest event reported): March 17, 2000
COMPLETE BUSINESS SOLUTIONS, INC.
MICHIGAN
0-22141 (Commission File Number) |
38-2606945 (I.R.S. Employer Identification Number) |
32605 WEST TWELVE MILE ROAD, SUITE 250, FARMINGTON HILLS, MI (Address of Principal Executive Office) |
(Zip Code) 48334 |
(248) 488-2088
None
(Former Name and Former Address, if Changed Since Last Report)
Item 5. OTHER EVENTS
On March 17, 2000 Complete Business Solutions, Inc. (CBSI) issued a press release announcing that it had reached an agreement to sell 200,000 shares of its Convertible Preferred Stock to funds managed by Clayton, Dubilier & Rice, Inc. (CDR) for $200,000,000. Under the agreement, CDR will also receive warrants to purchase additional shares. The entirety of the press release is attached to this report as an exhibit.
Exhibit No. | Description | |||
99.1 | Press Release Dated March 17, 2000 |
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Complete Business Solutions, Inc. |
Dated: March 21, 1999
By: /s/ TIMOTHY S. MANNEY | |
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Timothy S. Manney | |
Executive Vice President for | |
Finance and Administration |
EXHIBIT INDEX
Exhibit No. | Description | |||
99.1 | Press Release Dated March 17, 2000 |
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