SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 15, 1999
RECKSON SERVICE INDUSTRIES, INC.
(Exact name of Registrant as specified in its Charter)
Delaware
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(State of Incorporation)
0-30162 11-3383642
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(Commission File Number) (IRS Employer Id. Number)
10 East 50th Street 10022
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New York, New York (Zip Code)
Address of principal executive offices)
(212) 931-8000
(Registrant's telephone number, including area code)
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Item 2. Acquisition of Assets.
On October 15, 1999, Reckson Service Industries, Inc. ("RSI" or the
"Company"), through a subsidiary, closed on the purchase of an entity which
indirectly owns shares of OnSite Access, Inc. ("OnSite Access") from certain
affiliates of Jon L. Halpern, whereby RSI received 2,597,396 shares of OnSite
Access common stock in exchange for 1,731,597 shares of RSI common stock. The
Company previously filed the Current Report on Form 8-K regarding this
transaction with the Securities and Exchange Commission (the "Commission") on
or about October 12, 1999.
The purchase of the shares of OnSite Access increased RSI's ownership to
approximately 34% on a fully diluted basis. OnSite Access is a
building-centric integrated communications provider supplying high speed
Internet access, digital voice, broadband data and enhanced communications
services to the tenants of commercial office buildings.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
10.1 Letter Agreement, dated as of September 23, 1999, among Reckson
Service Industries, Inc., RSI I/O Holdings, Inc., RSI-OnSite
Holdings LLC, RSI-OSA Holdings, Inc., JAH Realties, L.P., Veritech
Ventures LLC and JAH I/O LLC.*
10.2 Letter of Amendment to Letter Agreement, dated as of September 29,
1999, among Reckson Service Industries, Inc., RSI I/O Holdings,
Inc., RSI-OnSite Holdings LLC, RSI-OSA Holdings, Inc., JAH Realties,
L.P., Veritech Ventures LLC and JAH I/O LLC.*
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*Previously filed as an exhibit to the Current Report on Form 8-K filed with
the Commission on or about October 12, 1999 and is hereby incorporated by
reference.
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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 thereunto duly authorized.
RECKSON SERVICE INDUSTRIES, INC.
By: /s/ Michael Maturo
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Michael Maturo
Executive Vice President,
Chief Financial Officer and Treasurer
Date: October 28, 1999
