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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report September 1, 1997
(Date of Earliest Event Reported)
COLUMBIA/HCA HEALTHCARE CORPORATION
(Exact name of Registrant as specified in its Charter)
DELAWARE
(State of Incorporation)
001-11239 75-2497104
(Commission (I.R.S. Employer
File Number) Identification No.)
One Park Plaza, Nashville, Tennessee 37203
(Address of principal executive offices) (Zip Code)
(615) 327-9551
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
Effective at the end of the business day on September 1, 1997,
Columbia/HCA Healthcare Corporation (the "Company" or "Columbia/HCA") redeemed
all outstanding rights previously issued under the Amended and Restated Rights
Agreement between the Company and Mid-America Bank of Louisville & Trust
Company, with the redemption price of $.01 per right paid in cash to the holders
of record of common stock and non-voting common stock as of August 1, 1997. The
Board of Directors of the Company voted to redeem the rights on May 15, 1997
following a stockholder vote in favor of redeeming the rights at the Company's
annual stockholders' meeting.
ITEM 7. EXHIBIT
Exhibit 20 Copy of the letter to Stockholders dated September 1,
1997 relating to redemption rights and payment of
quarterly dividend.
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
COLUMBIA/HCA HEALTHCARE CORPORATION
/s/ STEPHEN T. BRAUN
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Stephen T. Braun
Senior Vice President and General Counsel
DATED: September 3, 1997
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EXHIBIT 20
[COLUMBIA/HCA HEALTHCARE CORPORATION LOGO APPEARS HERE]
One Park Plaza
P.O. Box 550 (37202-0550)
Nashville, Tennessee 37203
Phone (615) 344-9551
COLUMBIA'S Home page is http://www.columbia.net
September 1, 1997
To the Stockholders of Columbia/HCA Healthcare Corporation:
On May 15, 1997, the Board of Directors of Columbia/HCA Healthcare
Corporation (the "Company" or "Columbia/HCA") authorized the redemption of all
outstanding preferred stock purchase rights previously issued under the Amended
and Restated Rights Agreement between the Company and Mid-America Bank of
Louisville & Trust Company, effective at the end of the business day on
September 1, 1997, with the redemption price of $.01 per right to be paid in
cash to the holders of record of common stock and non-voting common stock as of
August 1, 1997. The Board voted to redeem the rights plan following a
stockholder vote in favor of redeeming the rights at the Company's annual
stockholders' meeting. No futher action is required by you in connection with
the redemption.
The Board also declared a quarterly dividend of $.01 per share to be
paid on September 1, 1997 to stockholders of record of common stock and non-
voting common stock as of August 1, 1997.
Those of you who hold Columbia stock directly in your own name are
receiving a check with this letter for the total redemption price and the
quarterly dividend due to you. Thank you for your continued interest in and
support for Columbia/HCA.
Sincerely,
/s/ THOMAS F. FRIST, JR., M.D.
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Thomas F. Frist, Jr., M.D.
Chairman and Chief Executive Officer
