-----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, JwfU+UCK5f4IE0hO3F/6tgUzOGcLw6YQwc7SLLXwMtqmH1M/pXHV2tTu6zrQciYJ gFr84hEc76nhI8KiZ8GqeQ== 0000950144-98-000090.txt : 19980108 0000950144-98-000090.hdr.sgml : 19980108 ACCESSION NUMBER: 0000950144-98-000090 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971229 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980107 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: MCM CORP CENTRAL INDEX KEY: 0000275710 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 561171691 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-08678 FILM NUMBER: 98501907 BUSINESS ADDRESS: STREET 1: 702 OBERLIN RD STREET 2: BOX 12317 CITY: RALEIGH STATE: NC ZIP: 27605 BUSINESS PHONE: 9198331600 MAIL ADDRESS: STREET 1: 702 OBERLIN ROAD STREET 2: P O BOX 12317 CITY: RALEIGH STATE: NC ZIP: 27605 8-K 1 MCM CORPORATION 8-K 12-29-1997 1 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) December 29, 1997 ----------------- McM Corporation ------------------------------------------------------ (Exact name of registrant as specified in its charter) North Carolina 0-8678 56-1171691 - --------------- ------------ ------------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) Box 12317, 702 Oberlin Road Raleigh, North Carolina 27605 ---------------------------------------------------------- (Address of principal executive office including Zip Code) (919) 833-1600 ---------------------------------------------------- (Registrant's telephone number, including area code) 2 Item 5. Other Events. The press release dated December 29, 1997, is incorporated by reference. It is attached to this report as Exhibit 99. Item 7. Exhibits. Exhibit 99 - Press release dated December 29, 1997. 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. McM Corporation By /s/ Stephen L. Stephano ------------------------- Stephen L. Stephano President Chief Operating Officer Date: January 7, 1998 EX-99 2 PRESS RELEASE DATED 12-29-1997 1 [McM LETTERHEAD] RALEIGH, NORTH CAROLINA, DECEMBER 29, 1997 - FOR IMMEDIATE RELEASE Option Between McMillen Trust and MAC Terminated McM Corporation, a Raleigh based insurance holding company, previously reported that its majority shareholder, the McMillen Trust, had granted an option to sell its shares to McM Acquisition Corporation ("MAC"), an entity formed by a private investor in his efforts to acquire shares of McM Corporation. On December 23, 1997, Superior Court Judge Ben F. Tennille approved an agreement to terminate the option and related agreements between the Trust and MAC (the "Release"). The terminated option was to have continued until March 1, 1998. The Release was signed by all parties to the pending derivative action. The Release contains a mutual release between all parties and MAC of any claims arising from the option and related agreements and dismisses MAC as a defendant in the derivative action. Regarding McM Corporation's continuing efforts to consider all strategies and alternatives to maximize shareholder value, McM Corporation has authorized PaineWebber to explore all reasonable methods to increase the capital position of McM Corporation, including a possible sale of McM Corporation. Company Contact: George E. King, Chairman and CEO McM Corporation (919) 833-1600 -----END PRIVACY-ENHANCED MESSAGE-----