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 reported) July 31, 1996
KEENE CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 0-18434 13-2596288
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
757 THIRD AVENUE, NEW YORK, N.Y. 10017
(Address of principal executive officers) Zip Code)
Registrant's telephone number, including area code (212) 486-3200
N/A
(Former name or former address, if change since last report.)
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Item 5. Other Events
On July 31, 1996, the effective date of Keene Corporation's Fourth Amended Plan
of Reorganization, as modified (the "Plan") occurred. Pursuant to the Plan,
Reinhold Industries, Inc., Keene's former wholly owned subsidiary, has merged
with and into Keene. Keene is the surviving entity and has been renamed
Reinhold Industries, Inc. All of the transactions contemplated by the Plan have
been substantially consummated, including the creation of a Creditors' Trust to
assume all liability and responsibility for Keene's present and future asbestos-
related liabilities, the distribution of cash to Keene's non-asbestos creditors
and the distribution of stock to Keene's stockholders and Creditors' Trust.
Item 7. Financial Statements, pro forma financial statements and exhibits
(c) Exhibits
99(a) Press release dated July 31, 1996 announcing the effective date of
Keene Corporation's Fourth Amended Plan of Reorganization occurred on
July 31, 1996.
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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 hereunto duly authorized.
KEENE CORPORATION
(Registrant)
/s/ Timothy E. Coyne
Timothy E. Coyne
President
Date: July 31, 1996
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EXHIBIT 99 (a)
KEENE CONTACT:
CORPORATION Michael T. Furry
NEWS Reinhold Industries, Inc.
310-944-3281
or
Janice B. Grubin, Esq.
Berlack, Israels & Liberman, LLP
212-704-0100
FOR IMMEDIATE RELEASE
KEENE CORPORATION PLAN OF
REORGANIZATION GOES EFFECTIVE
New York, NY, July 31, 1996---Keene Corporation (OTC Bulletin Board-KEENQ)
announced that the effective date of its Fourth Amended Plan of Reorganization,
as modified (the "Plan") occurred today. Pursuant to the Plan, Reinhold
Industries, Inc., Keene's former wholly owned subsidiary, has merged with and
into Keene. Keene is the surviving entity and has been renamed Reinhold
Industries, Inc. All of the transactions contemplated by the Plan have been
substantially consummated, including the creation of a Creditors' Trust to
assume all liability and responsibility for Keene's present and future asbestos-
related liabilities, the distribution of cash to Keene's non-asbestos creditors
and the distribution of stock to Keene's stockholders and the Creditors' Trust.
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