Comtech Group Inc · 8-K · For 9/17/96

Filed On 9/20/96   ·   SEC File 0-02642   ·   Accession Number 950112-96-3378

Current Report   ·   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Trident Rowan Group, Inc.                              3     12K 
 2: EX-99.1     Miscellaneous Exhibit                                 59    144K 
 3: EX-99.2     Miscellaneous Exhibit                                  4     21K 

8-K   ·   Trident Rowan Group, Inc.
Document Table of Contents

8-K
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Filed Pursuant to Section 13 or 15(d) of
 THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): 

September 17, 1996

 Trident Rowan Group, Inc.
(Formerly known as Detomaso Industries, Inc.) 
------------------------------------------------------
(Exact name of registrant as specified in its charter)

   New York                     0-2642                  52-0466460
----------------------------  ------------------------  ----------------------  
(State or other jurisdiction  (Commission File Number)       (IRS Employer      
     of incorporation)                                Identification Number)

P.O. Box 856 107 Monmouth Street, Red Bank, New Jersey 07701
------------------------------------------------------------
(Address of principal executive offices)

Registrant's telephone number, including area code: (908) 842-7200

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Item 5.  Other Events.                                                          

   Subject to an Escrow Agreement, on August 14, 1996 Trident Rowan Group,
Inc. (f/k/a De Tomaso Industries, Inc.; the "Company"), The Carey Winston       
Company, a Delaware corporation and a subsidiary of the Company entered into an 
Agreement and Plan of Merger providing for the acquisition by the Company of    
Carey Winston for a purchase price valued at $7,600,000, subject to adjustment, 
payable, to the extent of at least 80%, in common stock of the Company and not  
more than 20% in cash. As part of the Agreement the Company agreed to lend to   
Carey Winston prior to closing up to $2,000,000. The Closing is conditioned     
upon, among other things, the Company completing a public offering resulting in 
proceeds to the Company after underwriting discounts and commissions of not less
than $10,000,000. If the Closing does not occur, under certain circumstances,   
the Company's loan will continue, on a subordinated basis, for a 3-year period. 
Carey Winston is engaged in the business of providing real estate management and
services in the Washington D.C. and Baltimore, Maryland regions. Funds used by  
the Company to make the Loan referred to above and for closing purposes are     
derived from the general working capital of the Company. On September 17, 1996  
certain conditions were satisfied, resulting in release from escrow of the      
Agreement and $1,000,000 of such loan.                                          

     Following Closing the Company will file a supplemental Form 8-K to report
the consummated acquisition under Item 2 of Form 8-K, together with financial   
statements of Carey Winston and pro forma financial statements of the Company   
and of Carey Winston.                                                           

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits     

    (c)  99.1   Agreement and Plan of Merger Dated as of August 14, 1996 Among
           De Tomaso Industries, Inc., The Carey Winston Company and
DTI Acquisition Corp.                         

99.2   Promissory Note dated September 17, 1996.            

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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 hereunto duly authorized.                                           

Dated: September 19, 1996                            TRIDENT ROWAN GROUP, INC.  

                                                   By:    s/ Howard E. Chase
                                                        ------------------------
                                                 President

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Dates Referenced Herein   and   Documents Incorporated By Reference

				Referenced-On Page
This 8-K Filing		Date		First		Last			Other Filings
		8/14/96		2
For The Period Ended		9/17/96		1		2
		9/19/96		3
Filed On / Filed As Of		9/20/96							SC 13E4
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