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)__________________April 12, 1995
AMPAL-AMERICAN ISRAEL CORPORATION
(Exact Name of Registrant as Specified in Charter)
NEW YORK 0-538 13-0435685
- ------------------------------------------------------------------------------
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1177 Avenue of the Americas, New York, New York 10036
- ------------------------------------------------------------------------------
(Address of Principal Executive Offices) Zip Code
Registrant's telephone number, including area code______________(212) 782-2100
_____________________________________________________________________________
(Former Name or Former Address, if Changed Since Last Report)
<PAGE>
ITEM 5. OTHER EVENTS
On April 12, 1995, one of the Registrant's subsidiaries acquired an
option from Massachusetts Mutual Life Insurance Company ("Mass Mutual") to
purchase the 290,000 square foot office building which houses the Consulate of
the Government of Israel in New York and many other Israel Government offices as
well as other tenants. The building is located at 800 Second Avenue, New York,
New York. At the request of Mass Mutual, the purchase price will not be
publicly announced unless and until the option is exercised; but if consummated,
the purchase would represent a significant acquisition for the Registrant.
The option may be exercised any time on or before June 12, 1995. If
the option is exercised, the closing is scheduled to take plane on June 28,
1995.
The Registrant intends to file an additional Current Report on Form
8-K at such time as it either exercises or decides not to exercise this option.
AMPAL-AMERICAN ISRAEL CORPORATION
Date: April 12, 1995 By: /s/ Lawrence Lefkowitz
- -------------------- -------------------------------
Lawrence Lefkowitz, President
