GENESEE CORP
8-K, 2000-11-01
MALT BEVERAGES
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                                                    Exhibit Index at Page 3


                       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):        November 1, 2000


                               GENESEE CORPORATION
               (Exact Name of Registrant as Specified in Charter)


   NEW YORK                                 0-1653               16-0445920
(State or other Jurisdiction                (Commission        (IRS Employer
of Incorporation)                           File Number)     Identification No.)


 445 St. Paul Street, Rochester, New York                    14605
(Address of Principal Executive Offices)                  (Zip Code)


Registrant's telephone number, including area code:    (716) 546-1030


Item 5.    Other Events.

           Genesee  Corporation issued a news release on November 1, 2000, which
           is filed with this report as Exhibit 99.


Item 7.    Exhibits.

           An exhibit  filed with this report is identified in the Exhibit Index
at Page 3.




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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.

                                        Genesee Corporation


Date:         November 1, 2000      By      /s/ Mark W. Leunig
                                    Mark W. Leunig, Vice President and Secretary





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                                  EXHIBIT INDEX

                                                                         Page
Exhibit 99               News Release Dated November 1, 2000               4














































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                                                            EXHIBIT 99

FOR IMMEDIATE RELEASE                                 CONTACT:  Mark W. Leunig
                                                  Director of Investor Relations
                                                         (716) 263-9440

                          GENESEE CORPORATION ANNOUNCES
                        DELAY IN SALE OF BREWING BUSINESS


ROCHESTER, NEW YORK, November 1, 2000 -- Genesee Corporation (NASDAQ/NMS: GENBB)
today  announced that it does not expect the  management  buy-out of its Genesee
Brewing  Company  subsidiary to be completed  until  December.  The  Corporation
attributed  the delay in  closing to the  buyer's  need for  additional  time to
complete  its  financing  arrangements  and  obtain  all  required  permits  and
licenses.



NOTE:  Statements made in this news release  regarding the timing of the sale of
the  Corporation's  brewing  business  are  forward-looking   statements.   Such
forward-looking  statements are subject to a number of risks and  uncertainties,
and  there  can  be no  assurance  that  the  expectations  reflected  in  those
statements will be realized or achieved.  Such risks and uncertainties  include,
without  limitation,  the  failure  of the  proposed  transaction  to close  for
whatever reasons,  further  negotiation of terms and conditions,  the failure of
the  purchaser  of  the  brewing  business  to  obtain  financing  necessary  to
consummate the transaction, the failure to obtain necessary regulatory approvals
and third party  consents,  and the  possibility  that a delay in resolving such
conditions could jeopardize the transaction.

Copies of Genesee  Corporation  press  releases are available  free of charge by
calling PRNewswire's Company News On Call at 800-758-5804,  Extension 352775, or
on the Internet at http://www.prnewswire.com/cnoc.



                                     - END -



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