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: December 5, 1996
Seafield Capital Corporation
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(Exact name of registrant as specified in its charter)
Missouri 0-16946 43-1039532
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(State of other (Commission File Number) (IRS Employer
jurisdiction of Identification
incorporation) Number)
2600 Grand Ave. Suite 500
P. O. Box 410949
Kansas City, MO 64141
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(Address of principal executive offices) (Zip code)
(816) 842-7000
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(Registrant's telephone number, including area code)
Item 5. Other Events
On December 5, 1996, the Registrant announced that its 82% owned subsidiary,
LabOne, Inc. (LabOne), has agreed to acquire selected assets, including
customer lists, of Gib Laboratories, Inc., a subsidiary of Prudential
Insurance Company of America. The transaction is subject to approval by
Gib Laboratories' and Prudential's boards of directors. Concurrently,
Prudential's Individual Insurance Group ahs agreed to use LabOne as its
exclusive provider of risk assessment testing services.
Gib Laboratories, Inc., based out of New Providence, New Jersey, is the
fourth largest provider of risk assessment testing.
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 officer.
Seafield Capital Corporation
Date: December 16, 1996 By: /s/ Steven K. Fitzwater
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Steven K. Fitzwater
Vice President, Chief Accounting
Officer and Secretary
