The total number of sequentially numbered pages in this manually signed original
is 6. Exhibit Index is sequential page no. 4.
UNITED STATES
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) October 16, 1997
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INTEGON CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 001-10997 13-3559471
- -------------- ------------------------ -------------------
(State or Other (Commission File Number) (I.R.S. Employer
Jurisdiction of Incorporation) Identification No.)
500 West Fifth Street
Winston-Salem, North Carolina 27152
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(Address of Principal Executive Offices)
(910) 770-2000
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former name or former address, if changed since last report.)
Page 1 of 6
Exhibit Index is on Page 4
<PAGE>
Item 5. Other Events
On October 16, 1997, Integon Corporation (the "Company") issued a press
release announcing stockholders and North Carolina Insurance Department approval
of the Agreement and Plan of Merger of General Motors Acceptance Corporation, IC
Purchasing Corp. and Integon Corporation. A copy of the press release is
attached hereto as Exhibit 99.1
Item 7. Exhibits
(c) Exhibits.
Exhibit Number Description
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99.1 Press Release dated
October 16, 1997 issued
by the Company.
Page 2
<PAGE>
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.
INTEGON CORPORATION
October 16, 1997 By: /s/ John B. Yorke
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Date John B. Yorke
Vice President, Corporate
General Counsel and Secretary
Page 3
<PAGE>
Exhibit Index
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Exhibit Number Description Page No.
- -------------- ----------- --------
99.1 Press Release dated October 16, 1997 5
issued by the Company
Page 4
<PAGE>
Exhibit 99.1
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PRESS RELEASE DATED OCTOBER 16, 1997
ISSUED BY THE COMPANY
Page 5
<PAGE>
Integon Corporation
Winston-Salem, NC 27152
Analysts' Contact:
Gay Huntsman (910) 770-8434
Media Contact:
Turner Coley (910) 760-3000
Integon Corporation Announces Receipt of Approvals For Merger With GMAC
WINSTON-SALEM, NC, October 16, 1997 - Integon Corporation (NYSE:IN) announced
that at a special stockholders' meeting held at the Company's headquarters
earlier today, the stockholders of Integon overwhelmingly approved the Agreement
and Plan of Merger, dated June 23, 1997, as amended, pursuant to which an
indirect subsidiary of General Motors Acceptance Corporation ("GMAC") will merge
with and into Integon, and stockholders of Integon will receive $26.00 in cash
per share of Common Stock, including shares issuable upon conversion of
Integon's $3.875 Convertible Preferred Stock.
Integon also announced it has received approval for the merger from the
North Carolina Department of Insurance. Commissioner Jim Long issued the order
today allowing the merger to go forward. Integon and GMAC expect the merger to
be completed on Octover 17, 1997, and Integon will thereafter become a wholly
owned indirect subsidiary of GMAC.
Integon Corporation, through its wholly owned property and casualty
insurance subsidiaries, specializes in the underwriting and marketing of
specialty automobile insurance products to individuals. The Company,
headquartered in Winston-Salem, North Carolina, markets its products through
approximately 12,500 agencies in 31 states.
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