CONTINUUM CO INC
8-K, 1996-08-02
PREPACKAGED SOFTWARE
Previous: CONTINUUM CO INC, S-8 POS, 1996-08-02
Next: CONTINUUM CO INC, 15-12B, 1996-08-02



<PAGE>
                       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):      August 1, 1996

                          The Continuum Company, Inc.
             (Exact name of registrant as specified in its charter)


                                    Delaware
                 (State or other jurisdiction of incorporation)


        1-10151                                           74-1609363
(Commission File Number)                       (IRS Employer Identification No.)


 9500 Arboretum Boulevard, Austin, Texas                         78759-6399
(Address of principal executive offices)                         (zip code)

                                  512/345-5700
              (Registrant's telephone number, including area code)


                                       N/A
         (Former name or former address, if changed since last report.)



Exhibit Index appears on Page 3.



                                       1
<PAGE>
Item 1.  Changes in Control of Registrant.

         On April 28, 1996, Computer Sciences Corporation,  a Nevada corporation
("CSC"), its wholly owned subsidiary,  Continental Acquisition, Inc., a Delaware
corporation  ("Sub"),  and The Continuum Company,  Inc., a Delaware  corporation
("Continuum"), executed an Agreement and Plan of Merger (the "Merger Agreement")
providing  for the  merger of Sub with and into  Continuum  (the  "Merger").  At
meetings held on July 31, 1996, the  stockholders of CSC and Continuum  approved
and adopted the Merger  Agreement.  Pursuant  to the Merger  Agreement,  at 4:30
p.m.,  E.D.T.,  on August 1, 1996,  Sub was merged with and into  Continuum  and
Continuum became a wholly-owned subsidiary of CSC, and each outstanding share of
Continuum  common  stock,  $.10 par value per share  (other than shares owned by
Continuum as treasury stock or by its subsidiaries  (excluding 7,837 shares held
in the name of Paxus Corporation  Limited),  all of which were cancelled),  were
automatically  converted into 0.79 of a share of CSC common stock, including the
associated CSC preferred  stock purchase  rights.  Also,  pursuant to the Merger
Agreement,  the  directors of Continuum  were replaced by nominees of CSC at the
effective time of the Merger.

         The foregoing  description is qualified in its entirety by reference to
the Merger Agreement (with exhibits attached thereto), a conformed copy of which
constitutes Exhibit 2.1 to this report.

Item 7.  Financial Statements and Exhibits.

(c)  The exhibit listed below is filed as a part of this report.

     2.1 -- Agreement  and  Plan  of  Merger  dated  as of April 28,  1996 among
            Computer  Sciences  Corporation,  The  Continuum  Company,  Inc. and
            Continental Acquisition,  Inc. (incorporated by reference to Exhibit
            2.1 to Continuum's Current Report on Form 8-K dated May 2, 1996).


                                   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 thereunto duly authorized.

                                    THE CONTINUUM COMPANY, INC.



Date:  August 2, 1996               By:  JOHN L. WESTERMANN III
                                         Vice President and Chief
                                         Financial Officer



                                       2
<PAGE>


                               INDEX TO EXHIBITS


EXHIBIT NO.                                   DESCRIPTION

   2.1                  Agreement and Plan of Merger dated as of April 28,  1996
                        among  Computer  Sciences  Corporation,   The  Continuum
                        Company,   Inc.  and   Continental   Acquisition,   Inc.
                        (incorporated by reference to Exhibit 2.1 to Continuum's
                        Current Report on Form 8-K dated May 2, 1996)






                                       3


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission