U.S. 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): September 2, 1997
PTI HOLDING INC.
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(Exact Name of Registrant as Specified in its charter)
Delaware 1-11586 13-3590980
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(State or Jurisdiction (Commission (I.R.S. Employer
of incorporation or File No.) Identification No.)
organization)
c/o 15 East North Street, Dover, DE 19901
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(Address of Principal Executive Offices) (Zip Code)
(302) 678-0855
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(Registrant's Telephone Number, Including Area Code)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
The Registrant's former principal independent accountant was dismissed by
the Registrant on September 2, 1997. Such former principal accountant's report
on the financial statements of the Registrant for either of the prior two years
did not contain an adverse opinion or disclaimer of opinion, and was not
qualified or modified as to uncertainty, audit scope or accounting principles.
The decision to replace the Registrant's independent account was made by the
Registrant's Board of Directors. There was no disagreement with the former
accountant, either that was resolved or that remained unresolved, on any matter
of accounting principles or practices, financial statement disclosure or
auditing scope or procedure.
Effective September 2, 1997, the Registrant retained Arthur Andersen & Co.,
LLP, with an address at 1345 Avenues of the Americas, New York, NY, as its
principal independent account.
(c) Exhibits.
Exhibit
No. Description
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16 Letter On Change In Certifying Accountant, dated September 9, 1997, from
D'Arcangelo & Co., LLP. to the Securities & Exchange Commission
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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, thereunto duly authorized.
Dated: September 9, 1997
PTI HOLDING INC.
By/s/ Meredith W. Birrittella
Meredith W. Birrittella,
Chief Executive Officer
<PAGE>
Exhibit 16
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D'ARCANGELO & CO., LLP
3010 Westchester Avenue
Purchase, NY 10577
September 9, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: PTI Holding Inc. Commission File No. 1-11586 Letter In Change In Certifying
Accountant
Ladies and Gentlemen:
We have read the above-referenced Registrant's response to Item 4 - Changes
in Registrant's Certifying Accountant with respect to its Current Report on Form
8-K dated September 2, 1997, and concur with the statements made therein.
Very truly yours,
D'ARCANGELO & CO., LLP
By: /s/ Louis Materasso
Name: Louis Materasso
Title: Partner
