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SLRY > SEC Filings for SLRY > Form 8-K on 17-Dec-2008All Recent SEC Filings

Show all filings for SALARY. COM, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SALARY. COM, INC.


17-Dec-2008

Completion of Acquisition or Disposition of Assets, Financial Statements and Ex


Item 2.01. Completion of Acquisition or Disposition of Assets.

As previously reported in the Current Report on Form 8-K filed by Salary.com, Inc. ("Salary.com") on December 10, 2008, Salary.com entered into an Agreement and Plan of Merger with Genesys Software Systems, Inc. ("Genesys"), Cobalt Acquisition Corp. and Lawrence J. Munini, pursuant to which Salary.com would acquire Genesys through the merger of a wholly-owned subsidiary of Salary.com with and into Genesys (the "Merger"). Genesys is a leading provider of on-demand and licensed human resources management systems and payroll solutions. On December 17, 2008, shareholders of Genesys approved the Merger and Genesys became a wholly-owned subsidiary of Salary.com.

The foregoing description of the Merger and the merger agreement is qualified in its entirety by reference to the merger agreement, a copy of which was filed as an exhibit to Salary.com's Current Report on Form 8-K filed on December 10, 2008.

On December 17, 2008, Salary.com issued a press release announcing the closing of the Merger. A copy of the press release is furnished herewith as Exhibit 99.1.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release issued by Salary.com, Inc. on December 17, 2008.


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