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) February 27, 2002
Cross Country, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 0-33169 13-4066229
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(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification
incorporation) No.)
6551 Park of Commerce Blvd., N.W., Suite 200, Boca Raton, FL 33487
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(Address of Principal Executive Offices) (Zip Code)
(561) 998-2232
(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, If Changed Since Last Report.)
ITEM 5. Other Events.
Incorporated by reference is a press release issued by the
Company on February 27, 2002, which is attached hereto as Exhibit 1.1.
ITEM 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(c) Exhibits.
Exhibit Description
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1.1 Press release issued by the Company on February 27, 2002
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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.
CROSS COUNTRY, INC.
BY: /s/ Emil Hensel
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Name: Emil Hensel
Title: Chief Financial Officer
Date: March 1, 2002
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Exhibit 1.1
Cross Country, Inc. Files Registration Statement for Secondary Offering
BOCA RATON, FL. Feb. 27, 2002 - Cross Country, Inc. (Nasdaq: CCRN) announced
today that it filed a registration statement with the Securities and Exchange
Commission for an offering of 9,000,000 shares of common stock. All of the
shares are being offered by Charterhouse Equity Partners III, L.P., Morgan
Stanley Private Equity and related entities, DB Capital Investors, L.P., The
Northwestern Mutual Life Insurance Company and Bruce Cerullo, pro rata in
accordance with their respective ownership of common stock. The selling
+shareholders will also grant to the underwriters an option to purchase an
additional 1,350,000 shares of common stock to cover over-allotments.
Merrill Lynch & Co. is the book runner for the offering. Salomon Smith Barney is
the co-lead manager. Banc of America Securities LLC, CIBC World Markets Corp and
Robinson-Humphrey are serving as co-managers. When available, copies of the
preliminary prospectus relating to the offering may be obtained from the offices
of Merrill Lynch & Co., 4 World Financial Center, New York, NY 10080.
Cross Country, Inc. is a leading provider of healthcare staffing services in the
United States. The company has an active client base of over 3,000 hospitals,
pharmaceutical companies and other healthcare providers across all 50 states.
A registration statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This release shall not constitute
an offer to sell or the solicitation of an offer to buy nor shall there be any
sale of these securities in any state in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities
laws of any such state.
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