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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K/A
(Amendment No. 2)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 19, 1998
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Budget Group, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-78274 59-3227576
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
125 Basin Street, Suite 210, Daytona Beach, FL 32114
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (904) 238-7035
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Former name or former address, if changed since last report: N/A
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This document consists of 5 pages.
The Exhibit Index is at page 3.
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EXPLANATORY NOTE
This Amendment No. 2 on Form 8-K/A to the Current Report on Form 8-K
(June 19, 1998) of Budget Group, Inc. (the "Registrant" or the "Company")
amends and restates in its entirety Item 7(a) to file the financial information
required by Items 7(a), and amends Item 7(c) to include additional exhibits
required by Item 7(c).
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(a) Financial Information of the Business Acquired.
The financial information of Ryder TRS, Inc. is incorporated
herein by reference from (i) the financial statements
included in the Registrant's Registration Statement on Form
S-4 (File No. 333-49679) filed on April 8, 1998, as amended
April 27, 1998, and (ii) the quarterly report on Form 10-Q
for Ryder TRS, Inc. for the period ended March 31, 1998.
(c) Exhibits
23.1 - Consent of PricewaterhouseCoopers LLP
23.2 - Consent of KPMG Peat Marwick LLP
-2-
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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.
BUDGET GROUP, INC.
(Registrant)
Date: July 22, 1998 By: /s/ ROBERT L. APRATI
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Robert L. Aprati
Executive Vice President, General
Counsel and Secretary
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EXHIBIT 23.1
[PRICEWATERHOUSECOOPERS LETTERHEAD]
CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in Amendment No. 2 on Form 8-K/A
to the Current Report on Form 8-K of Budget Group, Inc. of our report dated
March 5, 1998, on our audits of the consolidated financials statements of Ryder
TRS, Inc. and Subsidiaries from Budget Group, Inc.'s Registration Statement on
Form S-4 (SEC File No. 333-49679) filed on April 8, 1998, as amended April 27,
1998.
/s/ PricewaterhouseCoopers LLP
Denver, Colorado
July 20, 1998
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EXHIBIT 23.2
[KPMG Peat Marwick LLP Letterhead]
The Board of Directors
Budget Group, Inc.:
We consent to the incorporation by reference in the following registration
statements of Budget Group, Inc. of our report dated December 20, 1996, with
respect to the combined balance sheet of Ryder Consumer Truck Rental (a
division of Ryder Truck Rental, Inc., a wholly owned subsidiary of Ryder
System, Inc.) as of October 16, 1996, and the related combined statements of
earnings and changes in Ryder investment and cash flows for the period from
January 1, 1996 to October 16, 1996, which report appears in Budget Group,
Inc.'s Registration Statement on Form S-4 (SEC File No. 333-49679) dated April
27, 1998, and is incorporated by reference in the Form 8-K/A (Amendment No. 2)
of Budget Group, Inc. dated July 22, 1998;
- Registration Statement on Form S-8 filed with the Securities and
Exchange Commission on May 30, 1996, File No. 333-04757.
- Registration Statement on Form S-3 filed with the Securities and
Exchange Commission on November 26, 1997, as amended by Amendment
No. 1 to Form S-3 filed with the Securities and Exchange Commission
on January 7, 1998, File 333-41093.
- Registration Statement on Form S-8 filed with the Securities and
Exchange Commission on February 27, 1998, File No. 333-47079.
- Registration Statement on Form S-8 filed with the Securities and
Exchange Commission on April 9, 1998, File No. 333-49819.
- Registration Statement on Form S-3 filed with the Securities and
Exchange Commission on July 2, 1998, File No. 333-58477.
- Registration Statement on Form S-8 filed with the Securities and
Exchange Commission on July 14, 1998, File No. 33-59049.
/s/ KPMG Peat Marwick LLP
Miami, Florida
July 16, 1998
