SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 and 15(d) of the Securities Exchange
Act of 1934
Date of Report (Date of earliest event reported): (November
25, 1996)
HALIFAX CORPORATION
(Exact name of registrant as specified in charter)
Virginia 2-84160-W 54-0829246
(State or other jurisdiction (Commission (IRS
Employer ofincorporation) File Number)
Identification
No.)
5250 Cherokee Avenue, Alexandria, Virginia 22312
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(703) 750-
2202
Not Applicable
(Former name or former address, if changed since last report)
Item 2. Acquisition or Disposition of Assets
(a) On November 25, 1996, Halifax Corporation acquired
the ongoing computer network integration business of
Consolidated
Computer Investors, Inc. of Hanover, Maryland through an asset
purchase. These computer network integration and business
solution activities will merge into and operate as a division
of the Company's wholly-owned subsidiary, CMS Automation, Inc.
The assets purchased included accounts receivable, inventory
and furniture, fixtures and equipment used in the conduct of
the operations. The Company paid $114,210 in cash and assumed
secured debt totaling $1,679,713. The cash paid was equal to
the estimated net assets purchased. The source of the
consideration was the Company's ongoing working capital line of
credit. Under the Uniform Commercial Code of the state of
Maryland, the $114,210 cash proceeds were tendered to an escrow
agent for inclusion in a Bulk Transfer transaction.
Item 7. Financial Statements and Exhibits
(a) & (b) It is impractical to provide the required financial
statements and pro forma financial information at the time of
the filing of this report. Said financial statements and
information will be filed as soon as available but not later
than 60 days from the date of this report.
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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.
HALIFAX CORPORATION
(Registrant)
Date: November 10, 1996 By:
Howard C. Mills, President
& Chief Executive Officer
Date: November 10, 1996 By:
John D. D'Amore
V.P. Finance & Accounting
