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
May 12, 1998
FISERV, INC.
(Exact name of registrant as specified in its charter)
Wisconsin
(State or other jurisdiction of incorporation)
0-14948 39-1506125
(Commission File Number) (IRS Employer Identification No.)
255 Fiserv Drive 53045
Brookfield, Wisconsin (Zip code)
(Address of principal
executive offices)
Registrant's telephone number, including area code
(414) 879-5000
ITEM 7 (c) Exhibits
(1) Press release by Fiserv, Inc. dated May 12, 1998 relating to exchange
ratio applicable to the acquisition of CUSA Technologies, Inc., as of
April 30, 1998.
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 hereunto duly authorized.
FISERV, INC.
By /S/ Edward P. Alberts
------------------------
Edward P. Alberts
Senior Vice President-Finance
Date: May 12, 1998
<PAGE>
Fiserv, Inc. Announces Preliminary Exchange Ratio Applicable to
Shares Acquired from CUSA Technologies, Inc.
Brookfield, Wisconsin, May 12, 1998--Fiserv, Inc. (NASDAQ:FISV)
announced today that it will issue .021304766 shares of its common stock for
each outstanding share of common stock of CUSA Technologies, Inc. (CUSA), which
was acquired as of the close of business on April 30, 1998.
This ratio has been determined after deducting a holdback of $3 million
in value of Fiserv shares, which will be placed in escrow to cover Holdback
Claims. A final exchange ratio will be determined upon the resolution of the
Holdback Claims.
Firstar Trust Company, Milwaukee (the exchange agent) will furnish each
holder of CUSA common stock a letter of transmittal for use in effecting the
exchange.
Fiserv, Inc. (NASDAQ:FISV) is an independent, full-service provider of
integrated data processing and information management systems to the financial
industry. As a leading technology resource, Fiserv serves approximately 7,000
financial service providers worldwide, including banks, broker/dealers, credit
unions, financial planners/investment advisors, insurance companies, mortgage
banks and savings institutions. Headquartered in Brookfield, WI, Fiserv also can
be found on the World Wide Web at fiserv.com.
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