SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC. 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 10, 1999
AMERICAN PUBLIC HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Mississippi 0-22479 64-0874171
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
incorporation) Number)
2305 Lakeland Drive
Jackson, Mississippi 39208
(Address of principal executive offices) (Zip code)
(601) 963-6600
(Registrant's telephone number, including area code)
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Item 5. Other Events
On June 10, 1999 American Public Holdings, Inc. issued a press release
announcing that it is in negotiations to be acquired by Central Benefits Mutual
Insurance Company. The proposed transaction will be subject to further
negotiations between the parties, due diligence, approval by the Boards of
Directors of both organizations, approval of the holders of a majority of the
outstanding shares of the company, and regulatory approvals.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99. Press Release issued by American Public Holdings, Inc. dated
June 10, 1999, headed "American Public Holdings in
Discussions with Central Benefits Mutual"
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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.
Dated: June 10, 1999
AMERICAN PUBLIC HOLDINGS, INC.
By: /s/ Jerry C. Stovall
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Jerry C. Stovall, President
and Chief Executive Officer
<PAGE>
EXHIBIT INDEX
99. Press Release issued by American Public Holdings, Inc. dated June 10, 1999,
headed "American Public Holdings in Discussions with Central Benefits
Mutual"
American Public Holdings, Inc.
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2305 Lakeland Drive, Jackson, Mississippi 39208
FOR IMMEDIATE RELEASE
Date: June 10, 1999
Contact: Joseph C. Hartley, Jr.
(601) 936-3201 Fax: (601) 936-2157
American Public Holdings in Discussions with Central Benefits Mutual
Jackson, Mississippi (June 10, 1999) - American Public Holdings, Inc. announced
today that it is in negotiations to be acquired by Central Benefits Mutual
Insurance Company. The proposed transaction will be subject to further
negotiations between the two parties, due diligence, approval by the Boards of
Directors of both organizations, approval of the holders of a majority of the
outstanding shares of the Company, and regulatory approvals.
American Public Holdings, Inc. is a holding company for American Public Life
Insurance Company, a Mississippi domestic life and health insurance company with
its home office in Jackson, Mississippi. American Public Life is licensed to do
business in twenty-five states and specializes in supplemental health insurance
products, including cancer, accident, intensive care, heart attack/stroke and
dental insurance policies. If the proposed transaction is completed, American
Public Life would remain in Jackson, Mississippi.
Central Benefits Mutual Insurance Company is based in Columbus, Ohio. Central
Benefits and its subsidiaries offer group health and life insurance products and
health claims administration in 25 states.
