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): February 10, 1995
LabOne, Inc.
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(Exact name of registrant as specified in its charter)
Deleware 0-15975 48-0952323
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
10310 W. 84th Terrace, Lenexa, KS 66214
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 913-888-8397
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Item 5. Other Events
On February 10, 1995, LabOne, Inc. (LabOne) announced that it has been
advised by Seafield Capital Corporation (Seafield) that Seafield has retained
Alex. Brown & Sons Incorporated as financial adviser to assist Seafield in
considering strategic alternatives to maximize Seafield shareholder value.
Seafield is a holding company that owns 82% of LabOne and 59% of Response
Technologies, Inc. (ASE-RTK) as well as a number of other investments and cash
equivalents.
LabOne has been informed that one alternative that Seafield expects to
pursue is a cash-option merger of Seafield into LabOne. In such a merger,
Seafield shareholders would have the option of receiving cash as well as
shares of LabOne. The merger would most likely be preceded by Seafield's
distribution to its shareholders, or other disposition by Seafield, of its
Response Technologies stock and other assets.
Seafield's Board has also announced that it will consider other business
combination proposals that are presented to it.
LabOne has appointed a special committee of independent directors to
consider any merger or other proposal that may be presented to it by Seafield.
LabOne has been advised by Seafield that if a definitive merger agreement is
reached, it is anticipated that such a merger would not occur until the early
part of 1996 because of the time required to complete anticipated Seafield
asset sales as well as shareholder and other approvals. LabOne cautioned that
there can be no assurance that a merger with Seafield will occur.
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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.
LabOne, Inc..
Date: February 15, 1995 By /s/ Robert D. Thompson
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Robert D. Thompson
Executive V. P. Finance,
CFO and Treasurer
Date: February 15, 1995 By /s/ Kurt E. Gruenbacher
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Kurt E. Gruenbacher
Corporate Controller
