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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: January 8, 2001
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(Date of earliest event reported)
Reliance Group Holdings, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 1-8278 13-3082071
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(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
Park Avenue Plaza, 55 East 52nd Street, New York, New York 10055
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(212) 909-1100
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Item 7. Financial Statements and Exhibits.
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(c) Exhibits
20.1. Statement of Position and Recommendation, dated
January 5, 2001
20.2. Cover Letter to Noteholders, dated January 8, 2001
Item 9. Regulation FD Disclosure.
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On January 8, 2001, Reliance Group Holdings, Inc. ("RGH") sent
to holders of its 9% Senior Notes due 2000 (the "Notes") a Statement of Position
and Recommendation in response to a partial tender offer for up to $40 million
in principal amount of Notes by an affiliate of Carl C. Icahn. The
recommendation of RGH's board of directors and the reasons therefor which are
required to be disseminated to holders of Notes pursuant to Rule 14e-2 under the
Securities Exchange Act of 1934 (the "Act"), are contained in the Statement
which is attached hereto as Exhibit 20.1.
The information in this report (including the exhibits) is furnished
pursuant to Item 9 and is not "filed" for the purposes of Section 18 of the Act
or otherwise subject to the liabilities of that Section. This report is not an
admission as to the materiality of any information reported pursuant to this
report (including the exhibits).
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SIGNATURE
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.
Reliance Group Holdings, Inc.
(Registrant)
By: /s/ George R. Baker
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Name: George R. Baker
Title: Chief Executive Officer
Date: January 8, 2001
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EXHIBIT INDEX
Exhibit
Number Exhibit
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20.1 Statement of Position and Recommendation, dated January 5, 2001
20.2 Cover Letter to Noteholders, dated January 8, 2001
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