SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): April 3, 2006
MERRILL LYNCH DEPOSITOR, INC.
(ON BEHALF OF PREFERREDPLUS TRUST SERIES CZN-1)
(Exact name of registrant as specified in its charter)
DELAWARE 001-16669 13-3891329
(State or other (Commission (I. R. S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
WORLD FINANCIAL CENTER, 10080
NEW YORK, NEW YORK (Zip Code)
(Address of principal
executive offices)
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Registrant's telephone number, including area code: (212) 449-1000
INFORMATION TO BE INCLUDED IN REPORT
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2.):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
SECTION 1. REGISTRANT'S BUSINESS AND OPERATIONS
Not applicable.
SECTION 2. FINANCIAL INFORMATION
Not applicable.
SECTION 3. SECURITIES AND TRADING MARKETS
Not applicable.
SECTION 4. MATTERS RELATED TO ACCOUNTANTS AND FINANCIAL STATEMENTS
Not applicable.
SECTION 5. CORPORATE GOVERNANCE AND MANAGEMENT
Not applicable.
SECTION 6. ASSET-BACKED SECURITIES
Not applicable.
SECTION 7. REGULATION FD
Not applicable.
SECTION 8. OTHER EVENTS
ITEM 8.01 OTHER EVENTS
99.1 Distribution to holders of the PreferredPLUS
Trust Certificates Series CZN-1 on
April 3, 2006.
For information with respect to the
underlying securities held by PreferredPLUS Trust
Series CZN-1, please refer to Citizens Communications
Company's (Commission file number 001-11001) periodic
reports, including annual reports on Form 10-K,
quarterly reports on Form 10-Q and current reports on
Form 8-K, and other information on file with the
Securities and Exchange Commission (the "SEC"). You
can read and copy these reports and other information
at the public reference facilities maintained by the
SEC at Room 1580, 100 F Street, NE, Washington, D.C.
20549. You may obtain copies of this material for a
fee by writing to the SEC's Public Reference Section
of the SEC at 100 F Street, NE, Washington, D.C.
20549. You may obtain information about the operation
of the Public Reference Room by calling the SEC at
1-800-SEC-0330. You can also access some of this
information electronically by means of the SEC's
website on the Internet at http://www.sec.gov, which
contains reports, proxy and information statements
and other information that the underlying securities
issuer has filed electronically with the SEC.
Although we have no reason to
believe the information concerning the underlying
securities or the underlying securities issuer
contained in the underlying securities issuer's
Exchange Act reports is not reliable, neither the
depositor nor the trustee participated in the
preparation of such documents or made any due
diligence inquiry with respect to the information
provided therein. No investigation with respect to
the underlying securities issuer (including, without
limitation, no investigation as to its financial
condition or creditworthiness) or of the underlying
securities has been made. You should obtain and
evaluate the same information concerning the
underlying securities issuer as you would obtain and
evaluate if your investment were directly in the
underlying securities or in other securities issued
by the underlying securities issuer. There can be no
assurance that events affecting the underlying
securities or the underlying securities issuer have
not occurred or have not yet been publicly disclosed
which would affect the accuracy or completeness of
the publicly available documents described above.
SECTION 9. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial statements of business acquired.
Not Applicable.
(b) Pro forma financial information.
Not Applicable.
(c) Shell company transactions.
Not Applicable
(c) Exhibits.
99.1 Trustee's report in respect of the April 3, 2006
distribution to holders of the PreferredPLUS Trust
Certificates Series CZN-1.
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.
MERRILL LYNCH DEPOSITOR, INC.
Date: April 12, 2006 By: /s/ Zvi Gillon
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Name: Zvi Gillon
Title: Vice President
EXHIBIT INDEX
99.1 Trustee's report in respect of the April 3, 2006
distribution to holders of the PreferredPLUS Trust
Certificates Series CZN-1.