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:  August 15, 1995

                      BIC CORPORATION

   (Exact name of registrant as specified in its charter)



New York                   1-6832                 06-0735597
 (State of        (Commission File Number)      IRS Employer
Incorporation)                           Identification No.)


500 BIC Drive, Milford, Connecticut                  06460
 (Address of principal executive offices)         (Zip Code)


                       (203) 783-2000
              (Registrant's telephone number)




ITEM 5.   OTHER EVENTS
          ------------

          On August 16, 1995, BIC Corporation (the
"Company") and Societe BIC S.A. (the "Parent") announced
that they have executed a definitive Agreement and Plan of
Merger pertaining to Parent's previously announced proposal
to acquire from public shareholders the approximately 22% of
the Company's common shares not currently owned by Parent
and the Bich family.  Under the Agreement and Plan of
Merger, Parent will acquire in the merger the publicly held
shares of the Company for a price of $40.50 per share in
cash, or an aggregate of approximately $219 million.  Copies
of the press release and the Agreement and Plan of Merger
are attached as exhibits hereto and are incorporated herein
by reference.

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

          (c)  Exhibits

               (2)  Agreement and Plan of Merger, dated as
                    of August 15, 1995, among the Company,
                    Societe BIC S.A., BIC Merger Corporation
                    and Bruno Bich, as voting trustee.

               (99) Press release announcing the execution
                    of the Agreement and Plan of Merger.



                          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.


                              BIC CORPORATION



Dated:  August 21, 1995       By:    /s/ Robert L. Macdonald
                                 ------------------------------
                                 Robert L. Macdonald
                                 Vice President-Finance
                                  and Treasurer



Exhibit     Description                           Sequentially
No.                                              Numbered Page
-------     -----------                          -------------

                                              
(2)         Agreement and Plan of Merger, dated   
            as of August 15, 1995, among the
            Company, Societe BIC S.A., BIC
            Merger Corporation and Bruno Bich,
            as voting trustee.
                                              
(99)        Press release announcing the          
            execution of the Agreement and Plan
            of Merger.