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: September 24, 2003
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Date of the Earliest Event Reported: September 23, 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 Number)
file 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 September 23, 2003, Right Management Consultants, Inc. (the Company)
announced that it received a 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. The Company's Board of Directors
has formed a Special Committee of independent directors to review, negotiate and
make recommendations to it as to this proposal and other strategic alternatives,
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 receipt 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: September 24, 2003 By: /S/ Charles J. Mallon
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Charles J. Mallon
Executive Vice President and
Chief Financial Officer