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UNITED STATES SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
FILED PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: APRIL 7, 1999
DATE OF EARLIEST EVENT REPORTED: FEBRUARY 22, 1999
PRIMARK CORPORATION
(Exact name of registrant as specified in its charter)
1-8260
(Commission File Number)
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MICHIGAN 38-2383282
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification
1000 WINTER STREET, SUITE 4300N, WALTHAM, MA 02451
(Address of principal executive offices) (Zip Code)
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781-466-6611
(Registrant's telephone number, including area code)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On February 22, 1999 the Company announced it had acquired the Company
Fundamental Data business and the Extel brand name ("Extel") from The Financial
Times Group, part of Pearson plc, for approximately $32 million in cash, subject
to certain post closing adjustments. Extel is a widely recognized brand name in
the European and Asian markets and provides tearsheets for rapid corporate
analysis, provides historical company accounts, image-based data, textual
corporate profiles and company news to the investment industry worldwide.
This agreement to acquire Extel includes reciprocal data supply agreements with
Financial Times Information Limited. Under the terms of these agreements, the FT
Group will continue to update Extel databases with latest share price
information on a daily closing basis.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) The Company has determined that financial statements and pro forma financial
information are not required.
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 thereunto duly authorized.
PRIMARK CORPORATION
Date: April 7, 1999 By: /s/ STEPHEN H. CURRAN
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Stephen H. Curran
Executive Vice President and
Chief Financial Officer
(Principal Financial Officer)