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 Report (Date of earliest event reported): October 6, 1999


                                 ASC EAST, INC.
             (Exact name of Registrant as specified in its charter)


  Maine                      333-9763                                01-0503382
(State or other            (Commission                         (I.R.S. Employer
jurisdiction of             File Number)                     Identification No.)
incorporation)


P.O. Box 450, Bethel, Maine                                            04217
(Address of principal executive offices)                           (Zip Code)


Registrant's telephone number, including area code:           (207) 824-5196

Former name or former address, if changed since last report:  Not Applicable








Item 5. Other Events.

                  On October 6, 1999, the Registrant, ASC East, Inc., was merged
with and into its parent, American Skiing Company (NYSE:SKI). Also on October 6,
1999, American Skiing Company entered into a Fourth Supplemental  Indenture with
respect to the 12% Senior  Subordinated  Notes of the Registrant  (the "Notes"),
under which American Skiing  Company,  as successor by merger to the Registrant,
became the primary obligor under those Notes.  Certain  subsidiaries of American
Skiing Company also joined  (together with  subsidiaries  of the  Registrant) as
guarantors of the Notes.

Item 7. Exhibits.

         (c)      Exhibits.

                  2.1.     Articles of Merger as filed with the Maine  Secretary
                           of State on  October  5,  1999  with  Plan of  Merger
                           attached thereto.

                  4.1.     Fourth Supplemental  Indenture dated October 6, 1999,
                           among  American  Skiing   Company,   certain  of  its
                           subsidiaries,  and United States Trust Company of New
                           York, as Trustee.

                  4.2      Subsidiary  Guaranty  dated  October 6, 1999 from the
                           following  subsidiaries  of American  Skiing Company:
                           ASC Utah,  Blunder Bay Development  Co., ASC Leasing,
                           Inc., Orlando Resort Corporation, ASC Transportation,
                           Inc., Steamboat  Development  Corporation,  Steamboat
                           Ski &  Resort  Corporation,  Heavenly  Ski  &  Resort
                           Corporation, Heavenly Corporation and Heavenly Valley
                           Limited Partnership,  guaranteeing the obligations of
                           American Skiing Company under the Fourth Supplemental
                           Indenture.







                                   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 hereunto duly authorized.

                                      AMERICAN SKIING COMPANY
                                     (as successor by merger to ASC East, Inc.)



Date:    October 12, 1999              /s/ Mark J. Miller
                                     ------------------------------------------
                                      Name:      Mark J. Miller
                                      Title:     Senior Vice President
                                                 Chief Financial Officer
                                                 (Principal Financial and
                                                  Accounting Officer)


Date:    October 12, 1999              /s/ Christopher E. Howard
                                    ------------------------------------------
                                       Name:      Christopher E. Howard
                                       Title:     Executive Vice President
                                                 (Duly Authorized Officer)


                                  EXHIBIT INDEX


Exhibit
  No.                    Description

2.1. Articles of Merger as filed with the Maine Secretary of State on October 5,
     1999 with Plan of Merger attached thereto.

4.1. Fourth Supplemental  Indenture dated October 6, 1999, among American Skiing
     Company,  certain of its  subsidiaries,  and United States Trust Company of
     New York, as Trustee.

4.2 Subsidiary  Guaranty dated October 6, 1999 from the following  subsidiaries
     of American Skiing  Company:  ASC Utah,  Blunder Bay  Development  Co., ASC
     Leasing,  Inc.,  Orlando  Resort  Corporation,  ASC  Transportation,  Inc.,
     Steamboat  Development  Corporation,  Steamboat  Ski & Resort  Corporation,
     Heavenly Ski & Resort Corporation, Heavenly Corporation and Heavenly Valley
     Limited  Partnership,  guaranteeing  the  obligations  of  American  Skiing
     Company under the Fourth Supplemental Indenture.