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Filed pursuant to Rule 424(b)(3)
File No. 333-4877
AMF GROUP INC.
Supplement No. 16 to Prospectus dated August 12, 1996, as supplemented by
Supplement No. 1 dated September 9, 1996,
Supplement No. 2 dated September 9, 1996,
Supplement No. 3 dated September 10, 1996,
Supplement No. 4 dated September 11, 1996,
Supplement No. 5 dated September 27, 1996,
Supplement No. 6 dated October 10, 1996,
Supplement No. 7 dated October 24, 1996,
Supplement No. 8 dated November 14, 1996,
Supplement No. 9 dated December 20, 1996,
Supplement No. 10 dated January 16, 1997,
Supplement No. 11 dated January 20, 1997,
Supplement No. 12 dated January 22, 1997,
Supplement No. 13 dated March 6, 1997,
Supplement No. 14 dated March 31, 1997 and
Supplement No. 15 dated April 25, 1997.
The date of this Supplement No. 16 is May 5, 1997.
On May 2, 1997, AMF Group Inc. filed the attached Current Report on Form 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):
April 24, 1997
AMF GROUP INC.
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(Exact name of registrant as specified in charter)
Delaware
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(State or other jurisdiction
of incorporation)
<TABLE>
<S> <C>
001-12131 13-3873272
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(Commission File No.) (IRS employer
identification no.)
8100 AMF Drive, Mechanicsville, Virginia 23111
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(Address of principal executive offices) (Zip Code)
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Registrant's telephone number, including area code
(804) 730-4000
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ITEM 5. OTHER EVENTS
On April 24, 1997, AMF Bowling Centers, Inc. ("AMF"), a
Virginia corporation and an indirect, wholly-owned subsidiary of AMF Group Inc.
(the "Registrant"), a Delaware corporation, completed the acquisition (the
"Acquisition") of American Recreation Centers, Inc., a publicly held California
corporation ("ARC"), pursuant to the merger of Noah Acquisition Corp., a
Delaware corporation and a wholly-owned subsidiary of AMF ("Noah"), with and
into ARC pursuant to an Agreement and Plan of Merger (the "Merger Agreement"),
dated as of January 17, 1997, by and among AMF, Noah and ARC. A copy of the
Merger Agreement is attached as Exhibit 1 hereto and is incorporated herein by
reference, and the description of and all references to the Merger Agreement
are qualified in their entirety by reference to such Merger Agreement. ARC is
engaged in the operation of bowling centers and related operations and such
operations will continue under AMF.
The purchase price was approximately $70 million, including
the repayment or assumption of certain debt and the purchase of related joint
venture interests. The purchase price was negotiated between AMF and ARC. The
Acquisition was funded from available borrowings under the Registrant's
existing acquisition facility established by the Credit Agreement, dated as of
May 1, 1996, as amended, by and among the Registrant, the banks, financial
institutions and other institutional lenders listed on the signature pages
thereof as Initial Issuing Banks, Goldman, Sachs & Co., and Citicorp, N.A., as
administrative agent, and Citicorp USA, Inc., as collateral agent.
On April 24, 1997, the Registrant issued a press release
relating to the consummation of the Acquisition. A copy of the press release
is attached as Exhibit 2 hereto and is incorporated herein by reference.
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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
(c) Exhibits.
1. Agreement and Plan of Merger, dated as of
January 17, 1997, by and among AMF Bowling
Centers, Inc., Noah Acquisition Corp. and
American Recreation Centers, Inc.
2. Press Release, dated April 24, 1997 relating
to the transaction between AMF Bowling
Centers, Inc. and American Recreation
Centers, Inc.
[EXHIBITS NOT ATTACHED]
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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.
AMF GROUP INC.
By: /s/ Stephen E. Hare
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Name: Stephen E. Hare
Title: Chief Financial Officer
Date: April 24, 1997
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