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| AUSA > SEC Filings for AUSA > Form 8-K on 5-Jan-2009 | All Recent SEC Filings |
5-Jan-2009
Completion of Acquisition or Disposition of Assets
On December 31, 2008, we completed the sale of our Access HealthSource, Inc.("AHS") subsidiary to HealthScope Benefits, Inc. ("HealthScope"). HealthScope purchased all of the outstanding stock of AHS and its subsidiaries. Other than in respect of the Stock Purchase Agreement between us and HealthScope, there is no relationship between us or our affiliates and HealthScope or its affiliates.
The Stock Purchase Agreement was filed as an exhibit to our Current Report on Form 8-K filed with the commission on December 30, 2008.
Under the Stock Purchase Agreement:
• Our subsidiary, Precis-Access Acquisition, Inc. sold all of its shares of
Access HealthSource, Inc. to HealthScope.
• HealthScope paid us nominal consideration of $1.
• We paid HealthScope $100,000 to fund certain on-going operating costs.
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