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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
April 3, 1995 Commission File No. 1-1345
(Date of earliest event reported)
AMERICAN FINANCIAL ENTERPRISES, INC.
Incorporated under the laws of Ohio IRS Employer
Identification No. 31-0996797
One East Fourth Street
Cincinnati, Ohio 45202
Phone: (513) 579-2538
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AMERICAN FINANCIAL ENTERPRISES, INC.
FORM 8-K
Item 5. Other Events.
On April 3, 1995, American Financial Corporation
("AFC") was merged with a newly-formed subsidiary of American
Premier Group, Inc. ("New American Premier"), another new company
formed to own 100% of the common stock of both AFC and American
Premier Underwrites, Inc. ("American Premier"). As a result of
the merger, New American Premier became the beneficial owner of
83% of AFEI's common stock.
In the transaction, Carl H. Lindner and members of
his family, who owned 100% of the common stock of AFC, exchanged
their AFC common stock for approximately 55% of New American
Premier voting common stock. Former shareholders of American
Premier, including AFEI, received the other 45% of New American
Premier's voting stock. Following the merger, AFEI owns
approximately 10.0 million shares of the common stock of New
American Premier. The shares of New American Premier owned by
AFEI generally will not be eligible to be voted as long as AFEI
is owned by New American Premier; however, AFEI will receive its
share of any dividends paid on New American Premier common stock.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
NONE
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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 duly authorized.
AMERICAN FINANCIAL ENTERPRISES,
INC.
April 7, 1995 By: /s/
Fred J. Runk
Vice President & Treasurer
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