MEDQUIST INC
8-K, 1999-04-29
COMPUTER PROCESSING & DATA PREPARATION
Previous: IDS LIFE OF NEW YORK ACCOUNT SBS, 485BPOS, 1999-04-29
Next: MANUFACTURERS LIFE INSURANCE CO OF NEW YORK SEP ACCOUNT A, 485BPOS, 1999-04-29



<PAGE>

                       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): April 27, 1999



                                  MEDQUIST INC.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)



         New Jersey                    0-19941                22-253 1298
(State or Other Jurisdiction         (Commission            (I.R.S. Employer
      of Incorporation)              File Number)          Identification No.)


           Five Greentree Centre, Suite 311, Marlton, New Jersey 08053
                    (Address of principal executive offices)


                                 (609) 596-8877
              (Registrant's telephone number, including area code)




                                   Page 1 of 3

<PAGE>



Item 5.  Other Events.

         The Company  issued a press  release on April 28, 1999, a copy of which
is  attached  hereto  as  Exhibit  1.1,  relating  to its  previously  announced
registered public offering.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

(c) Exhibits.

1.1 Press Release issued April 28, 1999.


                                    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 hereunto duly authorized.



                                              MEDQUIST INC.


Date:  April 29, 1999                By:    /s/ John M. Suender 
                                          ----------------------------------
                                                John M. Suender
                                                Senior Vice President and
                                                General Counsel





                                   Page 2 of 3


<PAGE>



                                                                  EXHIBIT 1.1


MEDQUIST PUBLIC OFFERING

MARLTON, N.J.-- April 28, 1999 -- MedQuist Inc. (Nasdaq: "MEDQ") announced today
that it has priced a public offering of 4,493,467 shares of common stock at a
price of $33 5/8 per share. Of the 4,493,467 shares being offered, 800,000 are
being sold by MedQuist and 3,693,467 are being sold by existing shareholders.
The underwriters have an option to purchase up to 674,020 additional shares from
MedQuist.

The offering is being co-managed by Goldman, Sachs & Co., BancBoston Robertson
Stephens, Donaldson, Lufkin & Jenrette and Volpe Brown Whelan & Company.

The net proceeds of the 800,000 shares being sold by MedQuist are expected to be
approximately $25.6 million. These proceeds are intended to be used to fund a
substantial portion of MedQuist's pending acquisition of Lanier Transcription
Services, a national provider of medical transcription services.

MedQuist is the leading national provider of medical transcription services, a
key component in the provision of healthcare services. MedQuist serves
approximately 2,300 customers nationwide through its 77 client service centers.

CONTACT: MedQuist Inc., Marlton, NJ
John R. Emery, 609/596-8877




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission