SECURITIES AND EXCHANGE COMMISSION
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): July 1, 1997
NATIONAL COMPUTER SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Minnesota 0-3713 41-0850527
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
11000 Prairie Lakes Drive, Minneapolis, Minnesota 55344
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (612) 829-3000
Not Applicable
(Former name or former address, if changed since last report.)
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Item 2. Acquisition or Disposition of Assets
Effective June 30, 1997, National Computer Systems, Inc. ("the
Company") acquired all of the assets of the McGraw-Hill School Systems and
McGraw-Hill/London House divisions of The McGraw-Hill Companies ("McGraw-Hill")
for $29,450,000. The purchase price was arrived at through arms length
negotiations between McGraw-Hill and the Company. There are no material
relationships between McGraw-Hill and the Company or any of its affiliates, any
director or officer of the Company or any associate of any such director or
officer. The purchase amount was paid from cash on hand.
McGraw-Hill School Systems is a leading supplier of student
information management software to the K-12 market. McGraw-Hill/London House is
a leading supplier of pre-employment and employee assessment systems to
business, industry and government. Fiscal 1996 revenues of these two businesses
were approximately $25 million.
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Signature
Pursuant to the requirements of Section 12 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.
Dated: July 2, 1997
NATIONAL COMPUTER SYSTEMS, INC.
By: /s/ J. W. FENTON, JR.
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J.W. Fenton, Jr.
Secretary/Treasurer
