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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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) March 2, 1998
ASSOCIATES FIRST CAPITAL CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 06-0876639
(State or other jurisdiction (I.R.S. Employer
of incorporation) Identification Number)
2-44197
(Commission File Number)
250 E. Carpenter Freeway, Irving, Texas 75062-2729
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (972) 652-4000
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Item 5. Other Events.
On March 2, 1998, Associates First Capital Corporation (the
"Registrant") announced that its subsidiary, Associates Capital
Corporation of Canada, has closed its previously announced
acquisistion of Beneficial Canada Holdings Incorporated, the
Canadian consumer finance subsidiary of Beneficial Corporation.
A copy of the news release dated March 2, 1998 issued by the
Registrant is attached as Exhibit 20 and incorporated by
reference herein.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
20 - News Release by Associates First Capital Corporation
dated March 2, 1998
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 hereunto duly authorized.
ASSOCIATES FIRST CAPITAL CORPORATION
By: /s/ Timothy M. Hayes
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Timothy M. Hayes
Assistant Secretary
Date: March 2, 1998
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[LOGO] THE ASSOCIATES
NEWS
Media: Fred Stern Investors: Dianne Douglas
972 652-4042 972 652-7294
[email protected] [email protected]
THE ASSOCIATES COMPLETES CANADIAN ACQUISITION
DALLAS (March 2, 1998)-- Associates First Capital
Corporation today announced that its subsidiary, Associates
Capital Corporation of Canada, has closed its previously
announced acquisition of Beneficial Canada Holdings
Incorporated, the Canadian consumer finance subsidiary
of Beneficial Corporation. Terms were not disclosed.
Beneficial Canada has 105 offices and C$1.1 billion in net
receivables. Its principal operating unit is Beneficial Canada,
Inc. With this acquisition, The Associates becomes the largest
foreign-owned diversified finance company in Canada.
Associates First Capital Corporation (NYSE: AFS) is the
largest publicly traded finance company in the United States,
providing consumer and commercial finance, leasing and related
services through 2,265 offices in the U.S. and internationally.
Based in Dallas, it is a majority-owned subsidiary of Ford Motor
Company.
