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Quotes & Info
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| HRB > SEC Filings for HRB > Form 8-K on 6-Nov-2008 | All Recent SEC Filings |
6-Nov-2008
Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibi
On November 1, 2008, Block Financial LLC ("Block Financial"), an indirect wholly owned subsidiary of H&R Block, Inc. (the "Company"), completed the sale of all the outstanding shares of capital stock of HRB Financial Corporation ("HRB Financial") to Ameriprise Financial, Inc. pursuant to a Stock Purchase Agreement dated August 12, 2008. HRB Financial owns H&R Block Financial Advisors, Inc., the Company's former securities brokerage business. Pursuant to the terms of the sale, Block Financial received sales proceeds of approximately $312 million in cash and repayment of approximately $48 million in intercompany liabilities, subject to post-closing adjustments.
(b) Pro forma Financial Information
Exhibit Number Description
99.1 Pro forma financial information.
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