UNITED STATES
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: November 4, 2003
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Date of the Earliest Event Reported: November 3, 2003
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RIGHT MANAGEMENT CONSULTANTS, INC.
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(Exact name of registrant as specified in its charter)
Pennsylvania
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(State or other jurisdiction of incorporation)
0-15539 23-2153729
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(Commission (IRS Employer Identification
file number) Number)
1818 Market Street, Philadelphia, Pennsylvania 19103
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (215) 988-1588
Item 5: Other Matters
On November 3, 2003, Right Management Consultants, Inc. (the Company)
announced the expiration of the outstanding proposal from an investor group
comprised of Richard J. Pinola, Chairman and Chief Executive Officer and certain
senior executives of the Company together with an affiliate of Hellman &
Friedman LLC, a private equity investment firm, to purchase all of the Company's
outstanding common shares, other than those being retained by members of the
management group, for a cash price of $17.00 per share. However, the independent
Special Committee that was appointed by the Company's Board of Directors is
continuing discussions with members of this investor group, while it continues
to review strategic alternatives of the Company, including an alternative
acquisition proposal received from an unaffiliated party. A copy of the press
release is filed as Exhibit 99.1 of this Form 8-K.
Item 7: Exhibits
Exhibit
Number Description
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99.1 Press release announcing the expiration of a management offer for
all outstanding shares.
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.
RIGHT MANAGEMENT CONSULTANTS, INC.
(Registrant)
Date: November 4, 2003 By: /S/ CHARLES J. MALLON
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Charles J. Mallon
Executive Vice President and
Chief Financial Officer