8-K: Current report filing
Published on October 20, 1997
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): October 3, 1997
ROLLINS, INC.
(Exact name of registrant as specified in charter)
Commission File Number 1-4422
Delaware 51-0068479
(State or other jurisdiction of (IRS Employer Identification No.)
incorporation)
2170 Piedmont Road, N.E.
Atlanta, Georgia 30324
(Zip Code)
(Address of principal executive offices)
Registrant's telephone number including area code (404) 888-2000
(Former name or former address, if changed since last report) Not Applicable
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On October 3, 1997, Rollins, Inc., a Delaware corporation ("Rollins"),
sold its security monitoring assets, which were operated through its Rollins
Protective Services division, to Ameritech Monitoring Services, Inc., a Delaware
corporation, for approximately $200,000,000 in cash and assumed liabilities. The
consideration received for the sale of the security monitoring assets was
determined as a result of arms length negotiation between unrelated parties. The
description of the sale contained herein is qualified in its entirety by
reference to the Asset Purchase Agreement, dated as of October 1, 1997, by and
among Rollins, Ameritech Monitoring Services, Inc. and Ameritech Corporation, a
Delaware corporation, incorporated herein by reference to Exhibit 2.1 hereto.
ITEM 7. EXHIBITS
Exhibit
Number Description
2.1* Asset Purchase Agreement dated as of October 1, 1997, by and among
Rollins, Inc., Ameritech Monitoring Services, Inc. and Ameritech
Corporation.
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* Filed herewith. In accordance with Item 601(b)(2) of Regulation S-K, the
schedules have been omitted and a list briefly describing the schedules is
contained at the end of the Exhibit. The Company will furnish supplementally a
copy of any omitted schedule to the Commission upon request.
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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.
ROLLINS, INC.
Date: October 16, 1997 By:/s/ Gary W. Rollins
_______________________
Gary W. Rollins
President and Chief
Operating Officer
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