FORM 3 IVAX CORPORATION
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchanges Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and address of Reporting Person
IVAX Corporation
4400 Biscayne Boulevard
Miami, Florida 33137
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2. Date of Event Requiring Statement
11/11/96
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3. IRS or Social Security Number of Reporting Person
16-1003559
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4. Issuer Name and Ticker or Trading Symbol
Bergen Brunswig Corporation (NYSE:BBC)
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5. Relationship of Reporting Person to Issuer
/ / Director /X/10% Owner
/ / Officer--Chairman of the Board
/ / Other
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6. If Amendment, Date of Original
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7. Individual or Joint/Group Filing
X Form filed by One Reporting Person
__ Form filed by More than One Reporting Person
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TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
3. Ownership Form:
2. Amount of Securities Direct (D) or 4. Nature of Indirect
1. Title of Security Beneficially Owned Indirect (I) Beneficial Ownership
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<S> <C> <C> <C>
None
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TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
3. Title and Amount of Securities
2. Date Exercisable and Underlying Derivative Security
Expiration Date --------------------------------- 6. Nature of
1. Title of ----------------------- Amount or 4. Conversion Indirect
Derivative Date Expiration Number of or Exercise 5. Ownership Beneficial
Security Exercisable Date Title Shares Price of Form of Ownership
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<S> <C> <C> <C> <C> <C> <C> <C>
Option to Purchase Class A * ** Class A Common Stock, 9,953,076 $27.625 D
Common Stock par value $1.50 per
share
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Explanation of Responses:
* The option is exercisable upon the occurrence of any event or circumstance
which would entitle the Reporting Person to receive from the Issuer a
termination fee pursuant to Section 8.05(c) of a certain Merger Agreement
dated as of November 10, 1996, between the Reporting Person, the Issuer and
certain affiliated entities (the "Merger Agreement").
** The option expires upon the first to occur of (i) the effective time of the
mergers comtemplated by the Merger Agreement, (ii) the date which is 90 days
after the date on which the option became exercisable and (iii) the
termination of the Merger Agreement in any manner in which the Reporting
Person would not be entitled to the payment of a termination fee pursuant to
Section 8.05(c) of the Merger Agreement.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
IVAX Corporation
By: /S/ ARMANDO A. TABERNILLA NOVEMBER 21, 1996
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Armando A. Tabernilla Date
Vice President-Legal Affairs and
General Counsel
