SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
June 13, 1995
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Date of Report (Date of earliest event reported)
SIERRA HEALTH SERVICES, INC.
(Exact Name of Registrant as Specified in Its Charter)
Nevada
(State or Other Jurisdiction of Incorporation)
1-8865 88-0200415
(Commission File Number) (IRS Employer Identification No.)
2724 North Tenaya Way 89128
Las Vegas, Nevada (Zip Code)
(Address of principal executive offices)
(702) 242-7000
Registrant's Telephone Number, Including Area Code
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Item 5. OTHER EVENTS
The Registrant has entered into a definitive agreement to acquire
CII Financial, Inc. in a stock-for-stock transaction. CII is
primarily engaged in writing workers' compensation insurance in
California and four other Western and Midwestern states. The
common stock of CII is listed on the American Stock Exchange.
Under the terms of the agreement, CII's shareholders would
receive 0.37 of a share of the Registrant's common stock for each
share of CII's common stock they hold. The transaction is
subject to shareholder approval, receipt of regulatory approvals
and certain other closing conditions. The merger is expected to
close later this year.
At the close of business on June 9, 1995, 7,187,721 shares of
CII's common stock were outstanding, excluding shares reserved
for issuance upon the exercise of options and other conversion
rights.