Tech Data Corp – ‘8-K’ for 7/1/98

As of:  Wednesday, 7/15/98   ·   For:  7/1/98   ·   Accession #:  790703-98-20   ·   File #:  0-14625

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Form 8-K Dated 7/1/98                                  4     12K 
 2: EX-2        Exhibit 2-A*                                          50    105K 

8-K   —   Form 8-K Dated 7/1/98
Document Table of Contents

8-K
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==============================================================================  

==============================================================================  

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): July 1, 1998

 TECH DATA CORPORATION
(Exact name of registrant as specified in its charter)

 ---------------------------------------------------------

Florida                      0-14625                         59-1578329   
(State or other         (Commission File Number)                 (I.R.S.        
jurisdiction                                                    Employer      
     of                                                    Identification No.)
incorporation)                                                                

    5350 Tech Data Drive,  Clearwater,  Florida  33760
      (Address of principal executive offices)
 -------------------------

Registrant's telephone number, including area code: (727) 539-7429

Not applicable
(Former name or former address, if changed since last report.)

=============================================================================== 

=============================================================================== 

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Item 2.  Acquisition or Disposition of Assets.                                  

On July 1, 1998, Tech Data Corporation (the "Company") completed the acquisition
of  approximately  80% of the voting common stock of Computer 2000 AG ("Computer
2000"),  Europe's leading technology products distributor.  The Company acquired
the outstanding voting stock of Computer 2000 from its parent company,  Klockner
& Co.  AG,  based in  Duisburg,  Germany.  Klockner  & Co.  is a  subsidiary  of
Munich-based  conglomerate  VIAG AG. The  acquisition  was completed  through an
exchange of approximately 2.2  million  shares of Tech Data  Corporation  common
stock  and  $300  million of 5% convertible subordinated notes due  2003,  for a
combined total value of $394 million.  In a separate cash transaction on July 1,
1998,  Tech  Data also  acquired  an  additional  stake of  approximately  3% of
Computer 2000's shares from an institutional investor.                          

Computer 2000 AG serves more than 75,000  resellers in Europe and other parts of
the world,  with operations in Argentina,  Austria,  Belgium,  Bulgaria,  Chile,
Czech Republic,  Denmark,  Ireland,  Estonia,  Finland,  France,  Germany, Great
Britain, Hungary, Iceland, Italy, Latvia, Lithuania,  Netherlands, Norway, Peru,
Poland, Portugal,  Russia,  Slovakia,  Spain, Sweden,  Switzerland,  United Arab
Emirates and Urguay.  In its most recent  fiscal year ended  September 30, 1997,
Computer  2000  reported  sales and  operating  profits of DM8.2  billion  ($4.9
billion) and DM110.0 million ($65.9 million), respectively.                     

Item 7.  Financial Statements and Exhibits.                                     

         (a)  & (b) It is currently not feasible to provide financial statements
              pro forma or  historical which conform  with U.S.  GAAP,  required
              pursuant to  Regulation  S-K in  connection  with the  acquisition
              identified in Item 2 above.  This Report will be amended within 60
              days from the date this Report is filed to include such  financial
statement information.                              

(c)   Exhibits                                                

         2-A* Share Purchase  Agreement  between Klockner & Co. AG and Tech Data
Corporation dated April 14, 1998 and amended June 30, 1998.   

---------                                                     

         * Document  contains certain  confidential  information  which has been
         omitted  from the  attached  Exhibit 2-A and has been filed  separately
with the Securities and Exchange Commission.                  

8-K
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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 thereunto duly authorized.                                          

                             TECH DATA CORPORATION

Dated:  July 15, 1998                    By:    /s/ Jeffery P. Howells          
                                   -------------------------
                                  Jeffery P. Howells
                                        Executive Vice President
                                           and Chief Financial Officer

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 EXHIBIT INDEX

Exhibit Number                              Description                         

2-A*                                        Share  Purchase   Agreement  between
                                            Klockner  & Co.  AG  and  Tech  Data
                                            Corporation dated April 14, 1998 and
                              amended June 30, 1998.

* Document contains certain confidential information which has been omitted  and
has been filed  separately with the Securities and Exchange Commission.         

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
Filed on:		7/15/98		3
For Period End:		7/1/98		1		2			3,  8-K/A
		6/30/98		2		4
		4/14/98		2		4
		9/30/97		2
									List all Filings