SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of event reported: April 14, 1999
DANIELSON HOLDING CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Delaware 1-6732 95-6021257
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(State of Incorporation) (Commission File (IRS Employer
Number) Identification No.)
767 Third 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) 888-0347
Item 5. Other Events
Effective May 7, 1999, Samstock, L.L. C. ("Samstock"), with the
consent of Danielson Holding Corporation (the "Registrant") assigned to SZ
Investments, L.L.C., its sole member, all of its rights and obligations under
the Stock Purchase and Sale Agreement dated as of April 14, 1999 pursuant to
which the Registrant had agreed to sell to Samstock (i) 2 million shares of the
Registrant's common stock at $4.50 per share, and (ii) a common stock purchase
warrant (the "Warrant") to purchase up to an additional 2 million shares of
common stock, at $4.75 per share, as previously described.
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 thereunto duly authorized.
May 25, 1999 DANIELSON HOLDING CORPORATION
By:/s/ David M. Barse
David M. Barse
President