SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549

                              --------------------
                                    FORM 8-K
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                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): November 19, 1996


                             THE MORGAN GROUP, INC.
             (Exact name of registrant as specified in its charter)


                                    DELAWARE
                 (State or other jurisdiction of incorporation)


             1-13586                                    22-2902315
    (Commission File Number)                           (IRS Employer 
                                                     Identification No.)

             2746 Old U.S. 20 West
             Elkhart, Indiana                           46514-1168
    (Address of principal executive offices)            (Zip Code)

                                 (219) 295-2200
                Registrant's telephone number, including zip code








Item 5.  Other Events

         On November 19, 1996. The Morgan Group, Inc.  announced it had executed
a definitive  agreement in principle to purchase the assets of Transit  Homes of
America,  as described in the press release dated November 19, 1996, attached as
Exhibit 99.


Item 7.  Financial Statements and Exhibits

         (c)      Exhibits

                  Exhibit 99 - Press Release dated November 19, 1996










                                   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.


                                              THE MORGAN GROUP, INC.


                                              By:/s/ Richard B. DeBoer
                                                 -----------------------------
                                                       Richard B. DeBoer
                                                       Chief Financial Officer