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) SEPTEMBER 11, 1997
MERISEL, INC
Exact name of registrant as specified in its charter
DELAWARE 0-17156 95-4172359
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State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No
200 CONTINENTAL BOULEVARD, EL SEGUNDO, CALIFORNIA 90245-0948
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Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (310) 615-3080
Item 5. OTHER EVENTS
On September 12, 1997, Merisel, Inc. issued the press release
attached hereto as Exhibit 99.1.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press release dated September 12, 1997.
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.
MERISEL, INC.
Date: September 12, 1997 By: /s/ KAREN A. TALLMAN
------------------------
Karen A. Tallman
Vice President, General
Counsel and
Secretary
EXHIBIT 99.1
FOR IMMEDIATE RELEASE Contact: James Illson
Senior Vice President, Finance and CFO
(310) 615-1295
Karen Tallman
Vice President, General Counsel
(310) 615-1235
Financial Media/Investor Relations:
Charles B. Freedman, Assistant Treasurer
(310) 615-1376
Rivian Bell
(310) 615-6812
(310) 615-6868
(800) 686-1910 (24-hour pager)
NOTEHOLDERS FILE CLAIM AGAINST MERISEL
El Segundo, Calif. (Sept. 12, 1997) -- Merisel, Inc.
(NASDAQ:MSEL) reported today that certain holders of its
12.5% Senior Notes have filed a suit in Delaware Chancery
Court against the company, claiming that the company has
breached the agreement between the company and the
noteholders relating to the company's proposed financial
restructuring. In anticipation of this action, the
company had previously filed for a declaratory judgment
in the same court with respect to certain issues in
dispute between the company and the noteholders in con-
nection with the interpretation of their agreement.
The noteholder suit seeks damages in excess of $100
million and also names Dwight A. Steffensen, Merisel's
Chief Executive Officer, as a defendant. The company and
Mr. Steffensen believe these claims to be without merit
and intend to defend themselves vigorously.
Merisel, Inc. (NASDAQ:MSEL) is a leader in the distribu-
tion of computer hardware and software products and
reported 1996 sales of $3.44 billion from its North
American operations. Merisel distributes a full line of
25,000 products and services from the industry's leading
manufacturers to more than 45,000 resellers throughout
North America. In addition, the company provides a full
range of customized, value-added services. Merisel also
offers dedicated support to high-end resellers through
the Merisel Open Computing Alliance (MOCA ). This spe-
cialty division, dedicated to Sun Microsystems and third-
party products, is currently the fastest growing business
in the Sun channel. @Merisel, the company's corporate
home page, is located at http://www.merisel.com. Addi-
tional information can be obtained by fax at (310) 615-
6811
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