TRISTAR CORP
8-K, 2000-07-19
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT

  Filed Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


          Date of Report (Date of earliest event reported) JULY 7, 2000
                                                           ------------



                               TRISTAR CORPORATION
               -------------------------------------------------
             (Exact name of registrant as specified in its charter)


          Delaware                   0-13099                 13-3129318
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       (State or other             (Commission              (IRS Employer
       jurisdiction of             File Number)           Identification No.)
        incorporation)


105 S. ST. MARY'S STREET, SUITE 1800, SAN ANTONIO, TEXAS            78205
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(Address of principal executive offices)                         (Zip Code)



Registrant's telephone number, including area code    (210) 402-2200
                                                     ----------------



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         (Former name or former address, if changed since last report)

<PAGE>
ITEM 1.  CHANGES IN CONTROL OF REGISTRANT

      According to Amendment No. 17 to the Statement on Schedule 13D filed with
the Securities and Exchange Commission on July 7, 2000 jointly by Mahendra
Sheth, Shashikant Sheth, Kirit Sheth, and Jamnadas Sheth (collectively the "Core
Sheth Families"), together with Starion International Limited, Transvit
Manufacturing Corporation, Nevell Investments, S.A., Jayesh Sheth, and Viendra
Sheth (the "Schedule 13D"), the Core Sheth Families intend to separate their
business interests in Tristar Corporation (the "Registrant"). The Schedule 13D
states that, as part of the broader proposed separation arrangement, Jamnadas
Odhavji Sheth intends to disclaim his rights to the beneficial ownership and
voting rights to all of the common stock, warrants and preferred stock of the
Registrant in favor of the remaining Core Sheth Family members on terms as may
be mutually finalized. The Schedule 13D further states that the actual
separation will be consummated as soon as requisite permissions and formalities
are completed. In the meantime, according to the Schedule 13D, the Core Sheth
Families may reorganize the nominal ownership of the shares such that transfer
of ownership and voting rights to the aforesaid shares and warrants passes over
smoothly in the event of such consummation.

<PAGE>
                                   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 thereunto duly authorized.

                               TRISTAR CORPORATION



                               By /s/ ROBERT M. VIOLA
                                      Robert M. Viola
                                      Senior Executive Vice President and Chief
                                      Financial Officer


DATE: July 19, 2000

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