AMERICAN SKIING CO /ME
8-K, 2000-12-11
MISCELLANEOUS AMUSEMENT & RECREATION
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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): December 8, 2000


                             AMERICAN SKIING COMPANY
             (Exact name of Registrant as specified in its charter)


  Delaware                      1-13507                    04-3373730
 (State or other               (Commission              (1.R.S. Employer
jurisdiction of                File Number)             Identification No.)
incorporation)


P.O. Box 450, Bethel, Maine                                       04217
(Address of principal executive offices)                        (Zip Code)


Registrant's telephone number, including area code:          (207) 824-8100

Former name or former address, if changed since last report: Not Applicable




<PAGE>

Item 2. Other Events.

                  See Press Release attached as Exhibit 99.1 hereto.

Item 7.  Financial Statements and Exhibits.

         (a)      Financial statements of businesses acquired.

                  American  Skiing  Company  and  MeriStar  will  file  a  proxy
statement/prospectus and other relevant documents concerning the proposed merger
transaction with the SEC within 60 days of the date hereof.

         (b)      Pro forma financial information.

                  American  Skiing  Company  and  MeriStar  will  file  a  proxy
statement/prospectus and other relevant documents concerning the proposed merger
transaction with the SEC within 60 days of the date hereof.

         (c)      Exhibits.

                  2.1.     Agreement  and Plan of  Merger  dated as of  December
                           8, 2000 between  American Skiing Company,  MeriStar
                           Hotels  and   Resorts,   Inc.   and  a   wholly-owned
                           subsidiary  formed by  American  Skiing  Company  for
                           purposes of the merger.

                  10.1     Voting  and  Recapitalization  Agreement  dated as of
                           December  8,   2000  among  MeriStar   Hotels  and
                           Resorts,  Inc.,  American  Skiing  Company,  Oak Hill
                           Capital Partners,  L.P., Oak Hill Capital  Management
                           Partners,  L.P., Oak Hill Securities  Fund, L.P., Oak
                           Hill  Securities  Fund II, L.P.  Oak Hill Ski,  L.P.,
                           Madeleine  LLC,  CEO and  Albert  Otten  Trust  f/b/o
                           Mildred Otten.

                  10.2     Voting  Agreement  dated as of  December  8,  2000
                           among  MeriStar  Hotels and Resorts,  Inc.,  American
                           Skiing Company, Oak Hill Capital Partners,  L.P., Oak
                           Hill Management  Partners,  L.P.,  F.W.  Hospitality,
                           L.P., Arbor Reit, L.P., and MHX Investors, L.P..

                  99.1.    Press  Release  issued by the  Registrant on December
                           11, 2000.

<PAGE>

                                   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.

                                      AMERICAN SKIING COMPANY



Date:    December 11, 2000            /s/ Mark J. Miller
                                   ---------------------------------------------
                                     Name:      Mark J. Miller
                                     Title:     Senior Vice President
                                                Chief Financial Officer
                                                (Principal Financial and
                                                 Accounting Officer)

Date:    December 11, 2000            /s/ Christopher E. Howard
                                   ------------------------------------------
                                     Name:      Christopher E. Howard
                                     Title:     Executive Vice President
                                                (Duly Authorized Officer)

<PAGE>

                                  EXHIBIT INDEX


                  Exhibit
                    No.                              Description

                  2.1      Agreement   and   Plan   of   Merger   dated   as  of
                           December 8, 2000 between American Skiing Company,
                           MeriStar Hotels and Resorts,  Inc. and a wholly-owned
                           subsidiary  formed by  American  Skiing  Company  for
                           purposes of the merger.

                  10.1     Voting  and  Recapitalization  Agreement  dated as of
                           December 8,   2000  among  MeriStar   Hotels  and
                           Resorts,  Inc.,  American  Skiing  Company,  Oak Hill
                           Capital Partners,  L.P., Oak Hill Capital  Management
                           Partners,  L.P., Oak Hill Securities  Fund, L.P., Oak
                           Hill  Securities  Fund II, L.P.  Oak Hill Ski,  L.P.,
                           Madeleine  LLC,  CEO and  Albert  Otten  Trust  f/b/o
                           Mildred Otten.

                  10.2     Voting Agreement dated as of  December 8,  2000
                           among  MeriStar  Hotels and Resorts,  Inc.,  American
                           Skiing Company, Oak Hill Capital Partners,  L.P., Oak
                           Hill Management  Partners,  L.P.,  F.W.  Hospitality,
                           L.P., Arbor Reit, L.P., and MHX Investors, L.P..


                  99.1.    Press   Release   issued   by   the   Registrant   on
                           December 11, 2000.

<PAGE>





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