LABORATORY CORP OF AMERICA HOLDINGS
8-K, 2000-06-12
MEDICAL LABORATORIES
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      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
                        JUNE 8, 2000
                     ------------------
              (Date of earliest event reported)


         LABORATORY CORPORATION OF AMERICA HOLDINGS
         ------------------------------------------
   (Exact name of registrant as specified in its charter)


   DELAWARE                1-11353             13-3757370
 --------------          -----------         --------------
(State or other         (Commission         (IRS Employer
jurisdiction of         File Number)         Identification
incorporation)                                    Number)


   358 SOUTH MAIN STREET, BURLINGTON, NORTH CAROLINA 27215
   -------------------------------------------------------
          (Address of principal executive offices)

                        336-229-1127
                        ------------
    (Registrant's telephone number, including area code)


<PAGE>

ITEM 5. OTHER EVENTS

  On  June  8,  2000,  Laboratory  Corporation  of  America-
Registered Trademark- Holdings (LabCorp-Registered Trademark-
)  announced  that  its Board of Directors  has  declared  a
dividend  of  $0.08264 per share on the Company's  Series  A
Preferred  Stock,  payable  in cash.   The  Board  has  also
declared  a dividend of $0.08264 per share on the  Company's
Series  B  Preferred Stock, payable in shares  of  Series  B
Preferred Stock at the rate of 0.001653 shares per share  of
Series B Preferred Stock held. The dividends will be paid on
June  30,  2000  for  each issued and outstanding  share  of
Series  A  and  Series B Preferred Stock to stockholders  of
record  on  June 14, 2000 (whether or not such  stockholders
convert  their shares after such date), and will  cover  the
seven  days to July 7, 2000, the date set for redemption  of
the  Series A and Series B Preferred Stock, at an equivalent
annualized rate of $4.25 per share.  The dividends  will  be
paid  in  addition to the dividends payable on the Series  A
and  Series  B  Preferred Stock for the  quarterly  dividend
period  ended June 30, 2000 announced by the Company on  May
2, 2000.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL
        INFORMATION AND EXHIBITS

 (c)  Exhibit
      20  Press release of the Company dated
          June 8, 2000.

<PAGE>

                         SIGNATURES

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.

          LABORATORY CORPORATION OF AMERICA HOLDINGS
          ------------------------------------------
                         (Registrant)

               By:/s/ BRADFORD T. SMITH
                  ------------------------------
                      Bradford T. Smith
                      Executive Vice President,
                      General Counsel, Secretary
                      and Compliance Officer



Date: June 12, 2000

<PAGE>


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