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 1, 1997
Medic Computer Systems, Inc.
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(Exact name of registrant as specified in its charter)
North Carolina
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(State or other jurisdiction of incorporation)
0-20183 56-1306083
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(Commission File Number) (IRS Employer ID Number)
8601 Six Forks Road, Raleigh, North Carolina 27615
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (919) 847-8102
N/A
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
On October 1, 1997, the Registrant issued a press release stating (in
part) as follows:
Raleigh, N.C., October 1 -- Medic Computer Systems, Inc.
(Nasdaq: MCSY), announced today that Misys, plc completed the second
portion of the financing for its acquisition of Medic. Misys has
raised approximately $534 million through a rights offering in the
United Kingdom. The remainder of the funds needed to consummate the
transaction had previously been committed pursuant to Misys's bank
facilities. Under the terms of the definitive merger agreement, Medic
shareholders would receive $35 per share for each share of Medic Common
Stock, or an aggregate of approximately $923 million.
The parties expect that the proposed transaction will be presented to
Medic's shareholders in mid-November 1997. As previously indicated, the
transaction remains subject to a number of other customary closing conditions,
and there can be no assurance that the merger will occur by such time, or at
all.
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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.
MEDIC COMPUTER SYSTEMS, INC.
Date: October 1, 1997 /s/ Luanne L. Roth
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Luanne L. Roth,
Vice President, Chief Financial
Officer, Secretary and
Treasurer (Principal Financial and
Accounting Officer)
