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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): January 2, 1997
TOUCHSTONE APPLIED SCIENCE ASSOCIATES, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-20303 13-2846796
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
P.O. Box 382, Fields Lane, Brewster, New York 10509
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(Address of Principal Executive Offices) Zip Code
Registrant's telephone number, including area code: (914) 277-8100
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Former name or former address, if changed since last report
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Item 5. Other Events.
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Acquisition of Beck Evaluation & Testing Associates, Inc.. On
January 2, 1997, Touchstone Applied Science Associates, Inc. (the "Company")
purchased all of the outstanding capital stock of Beck Evaluation & Testing
Associates, Inc. from the holders of such shares for a purchase
price equal to (i) $130,000 in cash, (ii) $150,000 payable in promissory
notes, bearing interest at the rate of 8-1/4% and maturing on January 2, 1999,
and (iii) 150,000 shares of the Company's Common Stock, par value $.0001 per
share.
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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.
TOUCHSTONE APPLIED SCIENCE ASSOCIATES, INC.
By: /s/ ANDREW L. SIMON
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Andrew L. Simon
President
Date: January 30, 1997
