<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 30, 1999
QUINTILES TRANSNATIONAL CORP.
(Exact name of registrant as specified in its charter)
North Carolina 340-23520 56-1714315
(State or other (Commission File No.) (I.R.S. Employer
jurisdiction Identification Number)
of incorporation)
4709 Creekstone Drive, Riverbirch Building, Suite 200,
Durham, North Carolina 27703-8411
(Address of principal executive offices)
(919) 998-2000
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
<PAGE> 2
Item 5. Other Events.
Pursuant to the Amended and Restated Agreement and Plan of Merger among
Quintiles Transnational Corp. (the "Company"), QELS Corp. and ENVOY Corporation
("ENVOY") dated as of December 15, 1998, the Company is filing this Current
Report on Form 8-K to publish unaudited financial results covering 30 days of
combined operations of the Company and ENVOY following the merger. Selected
unaudited financial results of the Company for the 30 days ended April 30, 1999
are as follows (in thousands, except per share data):
Net revenue $148,447
Net income available for common shareholders 10,942
Basic net income per share 0.10
Diluted net income per share $ 0.10
Weighted average shares outstanding
Basic 112,024
Diluted 114,345
Month to month fluctuations in operating results may be substantial due to
variances in number of working days and initiation and completion of contracts,
therefore, monthly results are not necessarily indicative of results for a full
quarter.
<PAGE> 3
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.
QUINTILES TRANSNATIONAL CORP.
By: /s/ Rachel R. Selisker
------------------------------------------
Dated: May 28, 1999 Rachel R. Selisker
Chief Financial Officer and Executive Vice
President Finance
