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): May 9, 2000
AMERISERVE FOOD DISTRIBUTION, INC.
(Exact Name of Registrant as Specified in its Charter)
<TABLE>
<S> <C> <C>
DELAWARE 000-19367 75-2296149
(State or other jurisdiction of (Commission File Number) (IRS Employer Identification
incorporation) Number)
</TABLE>
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 5. OTHER EVENTS.
Under an agreement approved by the Bankruptcy Court on May 9, 2000, AmeriServe
Food Distribution, Inc. and Burger King Corporation have completed a plan to
transition AmeriServe's distribution services to other distributors. As
previously disclosed, AmeriServe will discontinue service to the Burger King
system by July 2000.
Further, Tricon Global Restaurants, Inc. and Burger King Corporation have
reached an agreement regarding the $150 million Debtor-in-Possession credit
facility they jointly made available to AmeriServe following its Chapter 11
Bankruptcy filing on January 31, 2000. Under the new agreement, Tricon will
assume the full $150 million commitment, as Burger King will buy out the
unfunded portion of its $50 million share of the commitment and assign the
funded portion to Tricon. As of the end of April 2000, approximately $80 million
of the total commitment had been funded. Burger King will continue to purchase
inventory for its restaurants directly from suppliers until the transition of
service has been completed.
AmeriServe continues to work closely with Tricon and Long John Silver's to
ensure steady product flow from suppliers to their system restaurants through
AmeriServe's distribution network. Tricon will continue to purchase inventory
for its U.S. system restaurants directly from suppliers during the bankruptcy
process.
This report contains forward-looking statements within the meaning of Section
21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act
of 1933. These statements reflect management's expectations and are based upon
currently available data; however, actual results are subject to future events
and uncertainties, which could cause actual results to differ from those
projected.
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.
Not Applicable
<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: May 11, 2000
