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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Pusuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
June 27, 1997
GRIFFIN LAND & NURSERIES, INC.
(Exact name of registrant as specified in charter)
Delaware 0-29288 06-0868496
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(State or other jurisdiction (Commission (IRS Employer
Of incorporation) File Number) Identification No.)
204 West Newberry Road, Bloomfield, Connecticut 06002
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (860)286-7660
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Item 5. Other Events
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Reference is made to the Registrant's June 16, 1997 Press Release
(Exhibit A).
Item 7. Financial Statements and Exhibits.
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(c)(1) Exhibit A: Registrant's June 16, 1997 Press Release (attached hereto)
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Exhibit A
A. ROSS WOLLEN
(212) 448-3820
FOR IMMEDIATE RELEASE
NEW YORK, NEW YORK (June 16, 1997) -- Culbro Corporation (NYSE:CBO) and
General Cigar Holdings, Inc. (NYSE:MPP) announced today that the two
remaining conditions to the distribution to Culbro shareholders of all of the
shares of Griffin Land & Nurseries, Inc. ("Griffin") had been met. Culbro
said it received a favorable ruling from the Internal Revenue Service as to
the tax consequences of the distribution and the declaration of effectiveness
of Griffin's registration by the SEC. Culbro also announced that, as a
result, its Board of Directors had approved the distribution and set the
record date for the distribution of June 25, 1997 and the distribution date
to be on or about July 3, 1997. Griffin operates the non-tobacco businesses
of Culbro while Culbro's cigar business is conducted by General Cigar
Holdings, Inc. The previously announced merger of Culbro Corporation into
General Cigar Holdings, Inc., which was approved by Culbro's shareholders on
June 2, 1997, is anticipated to occur by early September of this year.
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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 hereunto duly authorized.
GRIFFIN LAND & NURSERIES, INC.
By: /s/ ANTHONY GALICI
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Anthony Galici
Chief Financial Officer
Dated: June 27, 1997
