SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
AMENDMENT NO. 3
TO
SCHEDULE 14D-1
TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1) OF THE
SECURITIES EXCHANGE ACT OF 1934
_________________________
Family Steak Houses of Florida, Inc.
(Name of Subject Company)
_________________________
Bisco Industries, Inc.
(Bidder)
_________________________
Common Stock, $0.01 par value
(Title of class of securities)
_________________________
307059105
(CUSIP number of class of securities)
Glen F. Ceiley, President
Bisco Industries, Inc.
704 W. Southern Avenue
Orange, California 92865
Telephone: (714) 283-7140
(Name, address and telephone number of person authorized to
receive notices and communications on behalf of bidder)
with a copy to:
Kenneth C. Hoffman, Esq.
Greenberg, Traurig, Hoffman, Rosen, Lipoff & Quentel, P.A. 1221
Brickell Avenue
Miami, Florida 33131
Telephone: (305) 579-0500
This Statement amends and supplements the Tender Offer
Statement on Schedule 14D-1 filed with the Securities and
Exchange Commission on March 6, 1997, as previously amended (the
"Schedule 14D-1"), relating to the offer by Bisco
Industries, an Illinois corporation (the "Purchaser") to
purchase up to 2,600,000 shares of Common Stock, $0.01 par
value (the "Common Stock"), of Family Steak Houses of
Florida, Inc., a Florida corporation (the "Company"), upon the
terms and subject to the conditions set forth in the Offer to
Purchase, dated March 6, 1997 (the "Offer to Purchase"), and
in the related Letter of Transmittal, at a purchase price
of $0.90 per share, net to the tendering
stockholder in cash, without interest thereon. Capitalized
terms used and not defined herein shall have the meanings
assigned such terms in the Offer to Purchase and the
Schedule 14D-1.
ITEM 10. ADDITIONAL INFORMATION.
The Purchaser has extended the Offer until 5:00 P.M., New
York City time, on Friday, May 9, 1997. The full text of a
press release, dated April 14, 1997, issued by Purchaser
with respect to the extension of the Offer is filed herewith
as Exhibit (a)(10) and is incorporated herein by reference.
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
(a)(10) Press Release, dated April 14, 1997, issued by
Purchaser.
SIGNATURE
After due inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: April 14, 1997
BISCO INDUSTRIES, INC.
By: /s/ Glen F. Ceiley
Name: Glen F. Ceiley
Title: President
EXHIBT INDEX
EXHIBIT
NUMBER DESCRIPTION
(a)(10) Press Release, dated April 14, 1997, issued
by Purchaser.
Exhibit (a)(10)
[BISCO INDUSTRIES LETTERHEAD]
FOR IMMEDIATE RELEASE
Contact:
Glen Ceiley, President
or
Stephen Catanzaro, Chief Financial Officer
Bisco Industries, Inc.
(714) 283-7140
BISCO INDUSTRIES EXTENDS TO MAY 9, 1997 THE EXPIRATION DATE OF
ITS TENDER OFFER FOR SHARES OF FAMILY STEAK HOUSES OF
FLORIDA
Orange, California, April 14, 1997 - Bisco Industries,
Inc., a privately held distributor of fasteners and
electronic components, announced today that it has extended to
5:00 P.M., New York City time, on Friday, May 9, 1997, the
expiration date of its tender offer to purchase for cash up to
2,600,000 shares of common stock of Family Steak Houses of
Florida, Inc. (NASDAQ - RYFL) for $0.90 per share.
As of 5:00 p.m. on April 11, 1997, the current
expiration date, approximately 2,048,310 shares had been
tendered pursuant to the offer.
