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Previous: MFS SERIES TRUST I, 497, 2000-03-27 |
Next: MANATRON INC, 8-K, 2000-03-27 |
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): March 27, 2000
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Michigan |
0-15264 |
38-1983228 |
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(State or Other Jurisdiction |
(Commission |
(IRS Employer |
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of Incorporation) |
File Number) |
Identification Number) |
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510 E. Milham Avenue |
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Portage, Michigan |
49002 |
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(Address of Principal Executive Offices) |
(Zip Code) |
(616) 567-2900
Registrant's telephone number, including area code
Item 5. Other Events.
On March 24, 2000, the Bankruptcy Court for the Northern District of Texas, Dallas Division approved Manatron, Inc.'s bid to purchase selected assets and assume certain contracts of CPS Systems, Inc. ("CPS"), a Dallas-based corporation which develops, markets, implements and supports software applications specifically for public sector organizations.
As previously announced, CPS filed a voluntary petition for protection under Chapter 11 of the Federal Bankruptcy Code on January 19, 2000. On March 24, 2000, the Trustee for CPS conducted an auction of CPS' assets. In connection with the auction, Manatron was the successful bidder for selected assets of CPS in exchange for $1.8 million in cash. The assets include the Florida, Texas, Oklahoma, Colorado and North Carolina property tax, appraisal and integrated voice response source code, software support and licensing agreements. The remaining assets of CPS were awarded to other bidders.
Manatron expects that the asset purchase will close after a final court hearing on or about March 30, 2000.
On March 27, 2000, Manatron issued the press release attached as Exhibit 99.1 to this Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits:
99.1 Press Release dated March 27, 2000.
SIGNATURE
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.
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MANATRON, INC. |
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Dated: March 27, 2000 |
By /s/ Paul R. Sylvester Paul R. Sylvester President and Chief Executive Officer |
EXHIBIT INDEX
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Exhibit |
Document |
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99.1 |
Press Release dated March 27, 2000. |
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