-----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, H8Dcpgn/hkgkTDKPBElpufL2cdZAb298ppNgGRSmjMDLx5bZYi/INwt6znfa/7fJ Hp+wC4PstLl0rxczzF2URQ== 0000884219-98-000018.txt : 19980514 0000884219-98-000018.hdr.sgml : 19980514 ACCESSION NUMBER: 0000884219-98-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980511 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980513 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: VIAD CORP CENTRAL INDEX KEY: 0000884219 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 361169950 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11015 FILM NUMBER: 98618002 BUSINESS ADDRESS: STREET 1: 1850 N CENTRAL AVE STREET 2: SUITE 2212 CITY: PHOENIX STATE: AZ ZIP: 85077 BUSINESS PHONE: 6022074000 MAIL ADDRESS: STREET 1: 1850 NORTH CENTRAL AVE STREET 2: SUITE 2212 CITY: PHOENIX STATE: AZ ZIP: 85077 FORMER COMPANY: FORMER CONFORMED NAME: DIAL CORP /DE/ DATE OF NAME CHANGE: 19930823 8-K 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: May 11, 1998 VIAD CORP (Exact name of registrant as specified in its charter) DELAWARE 001-11015 36-1169950 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 1850 N. CENTRAL AVE., PHOENIX ARIZONA 85077 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (602) 207-4000 ITEM 5. OTHER EVENTS. In a press release dated May 11, 1998, Viad Corp ("Viad") announced a revised offer for the acquisition of MoneyGram Payment Systems, Inc. ("MoneyGram"), a provider of consumer money wire transfer services. The cash tender offer, which commenced on April 10, 1998, through the filing of Schedule 14D-1 with the Securities and Exchange Commission for all outstanding MoneyGram shares at a purchase price of $17 per share, was increased to $17.35 per share. The revised offer, which would result in a total purchase price of approximately $306 million, including fees and expenses related to the offer, is scheduled to expire on May 22, 1998. A copy of the press release is attached as Exhibit 99 to this report. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits. 99 Press Release SIGNATURES 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 hereunto duly authorized. VIAD CORP By: /s/ Richard C. Stephan -------------------------- Richard C. Stephan Vice President - Controller DATE: May 13, 1998 EX-99 2 PRESS RELEASE Exhibit 99 CONTACT: William H. Peltier REVISED NEWS RELEASE 602/207-5812 bpeltier@viad.com VIAD REVISES MONEYGRAM CASH TENDER OFFER TO $17.35 PER SHARE EXTENDS TENDER OFFER TO MAY 22 PHOENIX, Ariz., May 11, 1998 - Viad Corp (NYSE:VVI) today announced a revised offer to acquire MoneyGram Payment Systems, Inc. (NYSE:MNE). Viad is now offering to purchase all outstanding MoneyGram shares for cash at $17.35 per share. The offer, which commenced on April 10, 1998, and was scheduled to expire at 6:00 p.m., New York City time on May 8, has been extended to 6:00 p.m., New York City time on May 22, 1998. Viad will not further increase its offer price above $17.35. If Viad has not received a majority of MoneyGram's shares by the extended expiration date, the offer will be terminated. MoneyGram is intended to be part of Viad's Travelers Express Company in Minneapolis, the nation's largest money order company. If a majority of the shares are tendered, Viad is prepared to promptly close this transaction based on the regulatory approvals it has received. At the close of business Friday, May 8, there were 4,976,441 shares tendered, representing approximately 30.1 percent. Viad Corp is a $2.5 billion S&P MidCap 400 services company with interests in payment services, airline catering, convention services and travel and leisure. Headquarters are in Phoenix, Ariz. # # # # -----END PRIVACY-ENHANCED MESSAGE-----