-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JD/01qH+iihPZjm2O2VRcurynDPtY5FVx5UqLA2XXDsRGA+DtiN1acgFKj02Ae88 1Lm0KS3YzKNobw3H2O6TpQ== /in/edgar/work/20000627/0000023082-00-000011/0000023082-00-000011.txt : 20000920 0000023082-00-000011.hdr.sgml : 20000920 ACCESSION NUMBER: 0000023082-00-000011 CONFORMED SUBMISSION TYPE: SC TO-C PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000627 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: POLICY MANAGEMENT SYSTEMS CORP CENTRAL INDEX KEY: 0000356226 STANDARD INDUSTRIAL CLASSIFICATION: [6411 ] IRS NUMBER: 570723125 STATE OF INCORPORATION: SC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-C SEC ACT: SEC FILE NUMBER: 005-35824 FILM NUMBER: 661308 BUSINESS ADDRESS: STREET 1: ONE PMSC CTR STREET 2: PO BOX TEN CITY: COLUMBIA STATE: SC ZIP: 29202 BUSINESS PHONE: 8037354000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COMPUTER SCIENCES CORP CENTRAL INDEX KEY: 0000023082 STANDARD INDUSTRIAL CLASSIFICATION: [7373 ] IRS NUMBER: 952043126 STATE OF INCORPORATION: NV FISCAL YEAR END: 0402 FILING VALUES: FORM TYPE: SC TO-C BUSINESS ADDRESS: STREET 1: 2100 E GRAND AVE CITY: EL SEGUNDO STATE: CA ZIP: 90245 BUSINESS PHONE: 3106150311 MAIL ADDRESS: STREET 1: 2100 EAST GRAND AVE CITY: EL SEGUNDO STATE: CA ZIP: 90245 SC TO-C 1 0001.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ SCHEDULE TO Tender Offer Statement under Section 14(d)(1) or 13(e)(1) of the Securities Exchange Act of 1934 POLICY MANAGEMENT SYSTEMS CORPORATION (Name of Subject Company (issuer)) COMPUTER SCIENCES CORPORATION (Name of Filing Persons (offeror)) Common Stock, Par Value $0.01 Per Share (Title of Class of Securities) 731108106 (CUSIP Number of Class of Securities) Hayward D. Fisk Vice President, General Counsel and Secretary Computer Sciences Corporation 2100 East Grand Avenue El Segundo, California 90245 (310) 615-0311 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Person(s) Filing Statement) Copy to: Ronald S. Beard, Esq. Gibson, Dunn & Crutcher, LLP 4 Park Plaza Irvine, California 92614 (949) 451-3800 CALCULATION OF FILING FEE ============================================================================= Transaction Valuation* Amount of Filing Fee - ----------------------------------------------------------------------------- Not applicable Not applicable ============================================================================= * Set forth the amount on which the filing fee is calculated and state how it was determined. [X] Check box if the filing relates solely to preliminary communications made before the commencement of a tender offer. ============================================================================= Contact: Frank Pollare FOR IMMEDIATE RELEASE Director, Public Information Moved On PR Newswire Corporate June 27, 2000 310.615.1601 fpollare@csc.com Bill Lackey Jackie VanErp Director, Investor Relations Vice President, Global Marketing Corporate Financial Services Group 310.615.1700 512.338.7090 blackey3@csc.com jvanerp@csc.com CSC TO COMMENCE TENDER OFFER FOR SHARES OF MYND, FORMERLY POLICY MANAGEMENT SYSTEMS, ON JUNE 28, 2000. EL SEGUNDO, Calif., June 27 -- Computer Sciences Corporation (NYSE: CSC) and Policy Management Systems Corporation (NYSE: PMS), d/b/a Mynd, announced today that they had mutually agreed that CSC will commence by June 28, rather than June 27, its previously announced tender offer for all shares of Mynd common stock at $16 net per share in cash. Upon commencement of the cash tender offer, CSC will file a Tender Offer Statement with the SEC and mail a copy to each Mynd shareholder. On the same day, Mynd expects to file a Solicitation/Recommendation Statement with the SEC that will also be mailed to its shareholders. Mynd shareholders are advised to read the Tender Offer Statement and the Solicitation/Recommendation Statement when they become available because they will contain important information that shareholders should consider before making any decision regarding tendering their shares. Investors can access the Tender Offer Statement, the Solicitation/Recommendation Statement and other documents filed with the SEC at no charge at its Web site (www.sec.gov). Copies of CSC's Tender Offer Statement, Mynd's Solicitation/Recommendation Statement and other CSC SEC filings will be available at no charge by telephoning CSC's shareholder services and automated literature request line at 800.542.3070. -more- Computer Sciences Corporation - page 2 June 27, 2000 Computer Sciences Corporation, one of the world's leading consulting and information technology (IT) services firms, helps clients in industry and government achieve strategic and operational objectives through the use of technology. Having guided clients through every major wave of change in IT for more than 40 years, CSC today is well positioned to develop and apply IT strategies and technologies, particularly in the e-business area, based on its full range of capabilities in management and IT consulting; systems design and integration; applications software; Web and application hosting; and IT and business process outsourcing. Since its formation in 1959, CSC has been known for its flexibility and customer-centric culture. Through numerous agreements with hardware and software firms, the company develops and manages solutions specifically tailored to each client's needs. With almost 58,000 employees in locations worldwide, CSC had revenues of $9.4 billion for the twelve months ended March 31, 2000. It is headquartered in El Segundo, California. For more information, visit the company's Web site at www.csc.com. -0- For a complete description of the proposed transactions involving CSC and Mynd, please refer to the Agreement and Plan of Merger, which was attached as an exhibit to CSC's Current Report on Form 8-K filed with the Securities and Exchange Commission on June 20, 2000. All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements." These statements represent the intentions, plans, expectations and beliefs of CSC, and are subject to risks, uncertainties and other factors, many of which are outside its control. These factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the section titled "Management's Discussion and Analysis of Financial Conditions and Results of Operations" in CSC's Annual Report on Form 10-K for the fiscal year ended March 31, 2000. -----END PRIVACY-ENHANCED MESSAGE-----