AMERISERVE FOOD DISTRIBUTION INC /DE/
8-K, 2000-02-15
GROCERIES, GENERAL LINE
Previous: PEOPLESOFT INC, SC 13G, 2000-02-15
Next: PROGRESS SOFTWARE CORP /MA, SC 13G/A, 2000-02-15










                       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): January 31, 2000

                       AMERISERVE FOOD DISTRIBUTION, INC.
             (Exact Name of Registrant as Specified in its Charter)



       DELAWARE               000-19367             75-2296149
    (State or other        (Commission File        (IRS Employer
    jurisdiction of            Number)            Identification
    incorporation)                                    Number)


                              15305 DALLAS PARKWAY
                                ADDISON, TX 75001
               (Address of principal executive offices) (zip code)


                                 (972) 364-2000
           ---------------------------------------------------------
              (Registrant's telephone number, including area code)



<PAGE>


ITEM 3.  BANKRUPTCY OF RECEIVERSHIP.

            On January 31, 2000, AmeriServe Food Distribution,
Inc. filed a voluntary petition for reorganization under Chapter
11 of the United States Bankruptcy Code in the U.S. Bankruptcy
Court for the District of Delaware in Wilmington, Delaware.  This
petition was styled as In re AmeriServe Food Distribution, Inc.
AmeriServe Food Distribution, Inc. will be operated as a
debtor-in-possession under the Bankruptcy Code.  A copy of the
press release issued by AmeriServe Food Distribution, Inc. to
report the Chapter 11 filing is attached as an exhibit hereto.

ITEM 5.  OTHER EVENTS.

            On February 1, 2000, AmeriServe Food Distribution,
Inc. announced that it received financing commitments from its
largest customer partners, Tricon Global Restaurants, Inc. and
the Burger King Corporation.  A copy of the press release is
attached as an exhibit hereto.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL STATEMENTS AND
EXHIBITS.

(a)         Financial statements of businesses acquired.

            Not Applicable

(b)         Pro forma financial information.

            Not Applicable

(c)         Exhibits.

            Exhibit 99.1  --  Press Release dated February 1, 2000

            Exhibit 99.2  --  Press Release dated February 1, 2000



<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 hereunder duly authorized.

                                    AMERISERVE FOOD
                                    DISTRIBUTION, INC.


                                      By:  /s/    Kevin J. Rogan
                                          -------------------------------
                                          Name:   Kevin J. Rogan
                                          Title:  Senior Vice President,
                                                  General Counsel and
                                                  Secretary


Date:  February 15, 2000

<PAGE>

                                  EXHIBIT INDEX


 Exhibit
   No.          Description
 -------        -----------

  99.1          Press release, dated January 31, 2000

  99.2          Press release, dated February 1, 2000







                                                                    Exhibit 99.1

FOR IMMEDIATE RELEASE
- ---------------------


Contact:  Stan Szlauderbach
          VP, Investor Relations and Chief Accounting Officer
          (972) 364-2238


     AMERISERVE FOOD DISTRIBUTION, INC. FILES VOLUNTARY CHAPTER 11 PETITION

DALLAS, February 1, 2000 - AmeriServe Food Distribution, Inc. announced today
the filing of a voluntary petition under Chapter 11 of the Federal Bankruptcy
Code. The AmeriServe filing, completed yesterday, and the filings for its U.S.
subsidiaries and its holding company parent, Nebco Evans Holding Company, which
will be completed today, were made in the U.S. Bankruptcy Court for the District
of Delaware in Wilmington, DE.

The Company is negotiating financing commitments from its largest customer
partners, Tricon Global Restaurants, Inc., and the Burger King Corporation. Upon
approval of the Bankruptcy Court, this financing will allow AmeriServe to
continue service to all its current customers. The Company, in cooperation with
Tricon and Burger King, intends to replace this financing with financing from a
traditional debtor-in-possession lender.

AmeriServe, headquartered in Addison, TX, a suburb of Dallas, is the nation's
largest foodservice distributor specializing in chain restaurants, serving
leading quick service systems such as Arby's, Burger King, Chick-fil-A, Dairy
Queen, KFC, Long John Silver's, Pizza Hut and Taco Bell.

                                     # # #



                                                                    Exhibit 99.2

FOR IMMEDIATE RELEASE
- ---------------------


Contact:    Stan Szlauderbach
            VP, Investor Relations and Chief Accounting Officer
            (972) 364-2238

          AMERISERVE FOOD DISTRIBUTION, INC. GETS FINANCING COMMITMENT
                 FROM TRICON GLOBAL RESTAURANTS AND BURGER KING

DALLAS, February 1, 2000 - AmeriServe Food Distribution, Inc.
announced late Tuesday that it has received financing commitments
from its largest customer partners, Tricon Global Restaurants,
Inc. and the Burger King Corporation.

Upon approval of the U.S. Bankruptcy Court for the District of Delaware in
Wilmington, DE, where AmeriServe on Monday filed a voluntary petition under
Chapter 11 of the Federal Bankruptcy Code, this financing will allow AmeriServe
to continue service to all its current customers. The Company, in cooperation
with Tricon and Burger King, intends to replace this financing with financing
from a traditional debtor-in-possession lender.

AmeriServe, headquartered in Addison, TX, a suburb of Dallas, is the nation's
largest foodservice distributor specializing in chain restaurants, serving
leading quick service systems such as Arby's, Burger King, Chick-fil-A, Dairy
Queen, KFC, Long John Silver's, Pizza Hut and Taco Bell.

                                      # # #



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission