RENO AIR INC/NV/
8-K, 1999-02-26
AIR TRANSPORTATION, SCHEDULED
Previous: PEOPLES BENEFIT LIFE INSURANCE CO SEPARATE ACCOUNT V, NSAR-U, 1999-02-26
Next: TCW/DW NORTH AMERICAN GOVERNMENT INCOME TRUST, PRES14A, 1999-02-26



                       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 earliest event
  reported:  February 22, 1999


                                 RENO AIR, INC.
             (Exact name of registrant as specified in its charter)


                         Nevada                 0-20360
                (State of Incorporation) (Commission File Number)

                                   88-0259913
                        (IRS Employer Identification No.)


                       220 Edison Way Reno, Nevada 89502
               (Address of principal executive offices) (Zip Code)


                                 (775) 954-5000
                         (Registrant's telephone number)

























<PAGE>




Item 5.  Other Events

On November 19,  1998,  American  Airlines,  Inc.,  a Delaware  corporation  and
wholly-owned subsidiary of AMR Corporation  ("American"),  Bonanza Acquisitions,
Inc.,  a  Nevada   corporation   and  a  wholly-owned   subsidiary  of  American
("Bonanza"),  and Reno Air, Inc., a Nevada corporation ("Reno Air") entered into
an Agreement  and Plan of Merger  pursuant to which  American  agreed to acquire
Reno in a two-step transaction.

On November 24,  1998,  Bonanza  commenced a cash tender offer (the  "Offer") to
acquire all of the issued and outstanding shares of: (i) Common Stock, par value
$.01 per share (the "Reno Air Common Stock") of Reno Air at a price of $7.75 per
share and (ii) Series A Cumulative Convertible Exchangeable Preferred Stock, par
value $.001 per share (the "Reno Air Preferred Stock") of Reno Air at a price of
$27.50 per share,  in each case net to the seller in cash.  The Offer expired at
midnight on December  22,  1998.  On December  23,  1998,  Bonanza  accepted for
payment all shares of Reno Air Common Stock and Reno Air Preferred Stock validly
tendered and not withdrawn prior to the expiration of the Offer.

On  February  22,  1999,  the  merger  of  Bonanza  with and  into  Reno Air was
completed.  Reno Air is the surviving  corporation  and remains  organized under
Nevada law. On February 22, 1999,  Reno Air became a wholly-owned  subsidiary of
American.  As a result of the  merger,  each share of Reno Air Common  Stock was
converted  into the right to receive  $7.75 per share and each share of Reno Air
Preferred Stock was converted into the right to receive $27.50 per share,  other
than  those  shares  of Reno Air  Common  Stock  and Reno  Air  Preferred  Stock
cancelled in the Merger.




<PAGE>





                                    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.


                                        RENO AIR, INC.


                                        /s/ Steven A. Rossum
                                        Senior Vice President, General Counsel, 
                                        and Corporate Secretary



Dated:  February 24, 1999




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