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
March 9, 1998
(Earliest Event Reported)
Total System Services, Inc.
(Exact Name of Registrant as
Specified in its Charter)
Georgia 1-10254 58-1493818
(State of (Commission File (IRS Employer
Incorporation) Number) Identification
Number)
1200 Sixth Avenue, Columbus, Georgia 31901
(Address of principal executive offices)
(706) 649-2267
(Registrant's Telephone Number)
(Former name or former address, if changed since last report)
Item 5. Other Events.
On March 9, 1998, Total System Services, Inc. ("Registrant") announced that
it is engaged in negotiations with Sears, Roebuck and Co. to support Sears'
private-label credit card accounts.
A copy of Registrant's press release regarding the announcement referenced
above is attached hereto as Exhibit 99.1, and by this reference made a part
hereof.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits.
(a) Financial Statements - None.
(b) Pro Forma Financial Information - None.
(c) Exhibits
99.1 - Registrant's press release, March 9, 1998
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Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, Registrant has caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TOTAL SYSTEM SERVICES, INC.
("Registrant")
Dated: March 9, 1998 By:/s/ Kathleen Moates
------------------------- -------------------
Kathleen Moates
Deputy General Counsel
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Exhibit Index
Exhibit Number Description
99.1 Registrant's
press release
dated March 9, 1998
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TSYS(R) NEWS RELEASE
TOTAL SYSTEM SERVICES, INC.(R)
Immediate Release
Contacts: Danita Gibson-Lloyd Kimberly Knight
Corporate Communications Mgr. Corporate Communications Spec.
(706) 649-5578 (706) 644-1218
[email protected] [email protected]
TSYS Announces Negotiations with Sears, Roebuck and Co.
Columbus, Ga., March 9, 1998 -- Total System Services, Inc.(R)(TSYS)(NYSE:
"TSS") today announced that it is engaged in negotiations with Sears, Roebuck
and Co. (Sears) (NYSE: "S") to support Sears' private-label credit card
accounts. No agreement between TSYS and Sears has been reached. No further
comment or announcement will be made by TSYS until negotiations have concluded.
TSYS (www.totalsystem.com) is one of the world's largest credit, debit,
commercial and private-label card processing companies and is an 80.7 percent
owned subsidiary of Synovus Financial Corp.(R)(NYSE: "SNV")(www.synovus.com).
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