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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) of
THE SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported) December 27, 1996
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BUSSE BROADCASTING CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 33-99622 38-2750516
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
141 East Michigan Avenue, Suite 300
Kalamazoo, Michigan 49007
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (616) 388-8019
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No Change
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(Former name or former address, if changed since last report)
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BUSSE BROADCASTING CORPORATION
ITEM 5: Other Events:
Reference is made to the Press Release of Busse Broadcasting
Corporation, a Delaware corporation (the "Company"), dated December 27, 1996
attached hereto as Exhibit 10.1 and incorporated by reference herein. The
Press Release announces that the Company has sold substantially all of the
assets of its Winnebago Color Press operating division to Winnebago Color
Press, Inc., a company affiliated with Mr. Lawrence A. Busse, for aggregate
consideration of $3.225 million in cash plus the assumption of certain
liabilities. The amount of such cash consideration is subject to possible
further upward adjustment based on certain net working capital items as set
forth in the buy and sell agreement between the parties.
ITEM 7: Financial Statements and Exhibits
A. Financial Statements: None
B. Exhibits:
Description Exhibit
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Press Release dated December 27, 1996 10.1
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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 thereunto duly authorized.
BUSSE BROADCASTING CORPORATION
(Registrant)
Dated: December 27, 1996
By: /s/ James C. Ryan
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Name: James C. Ryan
Title: Chief Financial Officer
EXHIBIT INDEX
Exhibit
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Press Release dated December 27, 1996 10.1