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
January 31, 1996
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Date of Report (Date of earliest event reported)
DELAWARE OTSEGO CORPORATION
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(Exact name of Registrant as specified in its charter)
New York 0-12985 16-0913491
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(State or other juris- (Commission (IRS Employer
diction of incorpora- file number) identification
tion number)
1 Railroad Avenue, Cooperstown, New York 13326
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(Address of principal executive offices) (zip code)
607-547-2555
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(Registrant's telephone number, including area code)
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ITEM 2. Acquisition or Disposition of Assets:
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On January 31, 1996, Delaware Otsego Corporation (the "Registrant")
acquired 400 shares of common stock of The Toledo, Peoria and Western
Railroad Corporation ("TP&W Railroad") for consideration totalling $2.25
million, including 25,000 shares of the Registrant's common stock. The
shares acquired represent 40% of the outstanding equity of the TP&W
Railroad.
The non-stock portion of the consideration for the acquisition was
funded through a $1 million loan and the private placement of 100,000
shares of the Registrant's common stock.
ITEM 7. Financial Statements, Pro Forma Financial Information and Exhibits:
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(a) Financial Statements of Business Acquired.
As of the date of filing of this Current Report on Form 8-K, it is
impracticable for the Registrant to provide the financial statements
required by Item 7(a). In accordance with Item 7(a)(4) of Form 8-K, such
financial statements shall be filed by amendment to this Form 8-K no later
than 60 days after February 14, 1996.
(b) Pro Forma Financial Information.
As of the date of filing of this Current Report on Form 8-K, it is
impracticable for the Registrant to provide the pro forma financial statements
required by Item 7(b). In accordance with Item 7(b)(2) of Form 8-K, such
pro forma financial statements shall be filed by amendment to this Form 8-K
no later than 60 days after February 14, 1996.
(c) Exhibits.
None.
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SIGNATURES
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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 hereunto duly authorized.
DELAWARE OTSEGO CORPORATION
Dated: February 14, 1996 WALTER G. RICH
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Walter G. Rich
President & Chief Executive Officer
