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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: October 26, 1999
BURNS INTERNATIONAL SERVICES
CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware 1-5529 13-3408028
(State of other jurisdiction (Commission (IRS Employer
of incorporation) File no.) Identification No.)
200 South Michigan Avenue
Chicago, Illinois 60604
(Address of principal (Zip Code)
executive offices)
Registrant's telephone number, including area code: (312) 322-8500
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(Former name or former address, if changed since report.)
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Item 5. Other Events.
On October 26, 1999, the board of directors of Burns International
Services Corporation approved a stockholder rights plan.
Rights will be distributed as a dividend at the rate of one right for each
share of common stock, par value $0.01 per share ("Voting Common Stock"), and
Series I Non-Voting Common Stock, par value $0.01 per share (together with the
Voting Common Stock, the "Common Stock") held by stockholders of record at the
close of business on November 8, 1999. Each right will entitle the holder to
purchase, upon the occurrence of certain events, one unit of a share of
preferred stock for $55.00.
The rights generally will be exercisable only if a person or group
acquires beneficial ownership of 15 percent or more of Burns International
Services Corporation's Common Stock or commences a tender or exchange offer
that, upon consummation, would result in a person or group owning 15 percent or
more of Burns International Services Corporation's Common Stock.
Under certain circumstances, the rights are redeemable at a price of $0.01
per right. The rights will expire on November 8, 2009.
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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 thereunto duly authorized.
BURNS INTERNATIONAL SERVICES CORPORATION
By: /s/ Robert E. T. Lackey
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Name: Robert E. T. Lackey
Title: Vice President and Secretary
November 1, 1999
