8-K 1 d8k.txt FORM 8-K 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): June 25, 2001 SYSTEMS & COMPUTER TECHNOLOGY CORPORATION -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Delaware 000-11521 23-1701520 ---------------------------- ---------------------- ------------------- (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) file number) Identification No.) 4 Country View Road Malvern, Pennsylvania 19355 --------------------------------------------------------- ------------ (Address of Principal Executive Offices) (Zip Code) (610) 647-5930 -------------- (Registrant's telephone number, including area code) Item 5. Other Events. On June 25, 2001, Systems & Computer Technology Corporation (the "Company") announced that it had entered into a purchase agreement to sell the Company's Global Government Solutions business to Affiliated Computer Systems, Inc. (NYSE: ACS) for $85 million in cash, subject to adjustment in certain circumstances. The consummation of the transaction is subject to certain conditions, including receipt of governmental approvals. The Global Government Solutions business of the Company is headquartered in Lexington, Kentucky and comprises approximately 800 employees. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned duly authorized. Date: June 28, 2001 Systems & Computer Technology Corporation By: /s/ Eric Haskell ------------------------------------------- Eric Haskell Senior Vice President, Finance and Administration, Treasurer and Chief Financial Officer