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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
August 12, 1997
Date of Report (date of earliest event reported)
The Vantive Corporation
(Exact name of Registrant as specified in its charter)
Delaware 0-26592 77-0266662
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
2455 Augustine Drive
Santa Clara, CA 95054
(Address of principal executive offices)
Registrant's telephone number, including area code: (408) 982-5700
Not Applicable
(Former name or former address, if changed since last report)
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Item 5. Other Events.
In a press release disseminated on August 12, 1997, the registrant
publicly announced that it intends, subject to market and other conditions, to
raise $50 million in a private placement of convertible subordinated notes to
certain institutional buyers and up to $57.5 million if an over-allotment
option to be granted to the initial purchasers were exercised in full. A copy
of the press release is attached hereto and incorporated herein by reference.
Item 7. Financial Statements and Exhibits.
A copy of registrant's press release announcing a private placement of
convertible subordinated notes is attached hereto as an exhibit and
incorporated herein by reference.
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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.
Dated: August 12, 1997
The Vantive Corporation
By: /s/ Kathy Murphy
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Kathy Murphy
Chief Financial Officer
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INDEX TO EXHIBITS
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EXHIBIT DESCRIPTION PAGE
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99.1 Press Release disseminated August 12, 1997
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The Vantive Corporation
Kathy Murphy, 408/982-5700
or Morgan-Walke Associates, Inc.
Chris Danne or Todd Friedman, 415/296-7383
FOR RELEASE AUGUST 12, 1997
THE VANTIVE CORPORATION ANNOUNCES PRIVATE PLACEMENT OF
CONVERTIBLE SUBORDINATED NOTES
Santa Clara, California, August 12, 1997 -- The Vantive Corporation
(Nasdaq: VNTV) announced today that it intends, subject to market and other
conditions, to raise $50 million in a private placement of convertible
subordinated notes to certain institutional buyers and up to $57.5 million if an
over-allotment option to be granted to the initial purchasers is exercised in
full.
The securities to be offered will not be registered under the Securities
Act of 1933, as amended, or applicable state securities laws, and may not be
offered or sold absent registration under the Securities Act of 1933 and
applicable state securities laws or available exemptions from registration
requirements.
