SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): February
2, 1996
MERRY-GO-ROUND ENTERPRISES, INC.
(Exact Name of Registrant as Specified in its Charter)
Maryland 1-10491 52-0913402
(State of (Commission (IRS Employer
Incorporation) File Number) Identification No.)
3300 Fashion Way, Joppa, Maryland 21085
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (410)
538-1000
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Item 5. Other Events.
On February 2, 1996, the Registrant announced its
decision to begin the liquidation of the company's assets
under Chapter 11 of the U.S. Bankruptcy Code.
Item 7. Financial Statements and Exhibits
(c) Exhibits
99.1 Press Release Announcing Liquidation dated
February 2, 1996.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the Registrant has duly
caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
MERRY-GO-ROUND ENTERPRISES, INC.
February 5, 1996 By: /s/ Isaac Kaufman
Isaac Kaufman
Executive Vice President,
Secretary and Treasurer
(Principal Financial
Officer)
<PAGE>
EXHIBIT INDEX
99.1 Press Release Announcing Liquidation dated
February 2, 1996.
Exhibit 99.1
Contact: Isaac Kaufman, 410-538-1000
MWW/Strategic Communications, Inc.
Michael W. Kempner/Carreen Winters
201-507-9500
MERRY-GO-ROUND ENTERPRISES ANNOUNCES ORDERLY WIND DOWN OF
BUSINESS AND CHAPTER 11 LIQUIDATION
Joppa, MD, February 2, 1996 -- Merry-Go-Round
Enterprises, Inc. (NYSE:MGR) announced today that it has
determined to begin immediately the orderly wind-down of
operations and the liquidation of the company's assets under
Chapter 11 of the U.S. Bankruptcy Code. The decision to
liquidate results from the inability to obtain adequate
trade support and financing. This decision comes after
several weeks of negotiations with the Company's lenders and
the examination of all other options.
Over the next several months the Company will wind-down
business operations and liquidate assets in an orderly
fashion under the supervision of the Bankruptcy Court. The
process will involve the input of the Company's creditors
and other constituencies. This process may include the sale
or closing of operating concepts, consolidation of and
closing of stores, and sale of individual leases and/or
groups of leases and the sale of its corporate headquarters
in Joppa, Maryland. Layoffs will begin immediately and
reductions will proceed commensurate with the wind-down.
