SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
F O R M 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 3, 1996
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BANKERS TRUST NEW YORK CORPORATION
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(Exact name of registrant as specified in its charter)
NEW YORK
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(State or other jurisdiction of incorporation)
1-5920 13-6180473
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(Commission file number) (IRS employer identification no.)
280 PARK AVENUE, NEW YORK, NEW YORK 10017
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (212) 250-2500
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Item 5. Other Events
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The purpose of this Current Report on Form 8-K is to file the
information set forth below to be incorporated into the
Registrant's currently effective Registration Statements filed with
the Securities and Exchange Commission under the Securities Act of
1933, as amended.
On May 3, 1996, Equitable of Iowa Companies announced that it
had signed a definitive agreement to acquire Golden American Life
Insurance Company, an indirect wholly-owned subsidiary of Bankers
Trust New York Corporation (the "Corporation"). The all cash
transaction is valued at $144 million, including the repayment of
debt of $51 million. Completion of the transaction is expected
during the third quarter of 1996 and is subject to customary
conditions and regulatory approvals. The Corporation does not
expect the gain on the transaction to be material to its annual
earnings for 1996.<PAGE>
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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.
BANKERS TRUST NEW YORK CORPORATION
By /s/ James T Byrne, Jr.
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James T. Byrne, Jr.
Secretary
May 6, 1996
