UNITED STATES
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 Exchange Act of 1934
Date of Report (Date of earliest event reported) May 17, 1994
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DART GROUP CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 0-1946 53-0242973
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3300 75th Avenue, Landover, Maryland 20785
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (301) 731-1200
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(Former name or former address, if changed since last report.)
The total number of sequentially numbered pages is 2.
This filing contains no exhibits.
2 of 2
Item 5. Other Events
On May 17, 1994, members of the Haft family settled all
legal disputes among themselves relating to, among other things, their
ownership of and restrictions on their holdings of Common Stock of Dart
Group Corporation (the "Corporation"), including those reported in the
Corporation's Annual Report on Form 10-K for the fiscal year ended January
31, 1994 (the "Annual Report"). There now are no contractual restrictions
on the ability of any member of the Haft family to freely transfer his or
her Dart Class B or Class A Common Stock. (See Annual Report at pages 80-82
for a description of the ownership of common stock of the Corporation and
the dispute regarding transfer restrictions which was settled.) All shares
of the Corporation's Common Stock previously held by members of the family,
directly or through partnerships, will now be directly held and voted. (See
Annual Report at page 81, notes 4 and 6, for a description of these holdings
and the claims challenging prior distributions that have been settled.)
In addition, the settlement agreements, by providing that
all claims between the family and between members of the family and the
Corporation (except for the federal lawsuit between Robert Haft and the
Corporation over his termination) were settled, resolves insofar as possible
the direct and derivative claims asserted by Robert M. Haft his lawsuit
filed in November 1993 in the Delaware Court of Chancery in New Castle
County. (See Annual Report at pages 48-51 for a description of Mr. Haft's
Delaware Chancery lawsuit and the transactions challenged thereby.) While
Robert Haft's suit in the United States District Court for the District
of Delaware relating to his employment contracts (see Annual Report at page
50) has not been settled, the parties have agreed to submit the claims to a
non-binding mediation process. The derivative lawsuit filed by Alan R. Kahn
and Tudor Trust (see Annual Report at pages 50-51) is not affected by this
settlement.
SIGNATURE
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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.
DART GROUP CORPORATION
By: /s/ RON MARSHALL
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Ron Marshall
Senior Vice President
and Chief Financial
Officer
Date: May 25, 1994