Ameriserve Food Distribution Inc./DE – ‘3’ for 1/29/98 re: Prosource Inc.

As of:  Monday, 2/9/98   ·   For:  1/29/98   ·   Accession #:  898822-98-164   ·   File #:  0-21677

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Initial Statement of Beneficial Ownership of Securities by an Insider   —   Form 3   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 3           Initial State/Beneficial Ownership of Securities       6     23K 

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 U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 3

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, 
Section 17(a) of the Public Utility Holding Company Act of 1935 or
 Section 30(f) of the Investment Company Act of 1940

(Print or Type Responses)                                                       
================================================================================
1. Name and Address of Reporting Person                                         

AMERISERVE FOOD DISTRIBUTION, INC.                                        
(SEE ATTACHED PAGES FOR ADDITIONAL REPORTING PERSONS)                     
--------------------------------------------------------------------------------
(Last)               (First)                 (Middle)                     

14841 DALLAS PARKWAY                                                            
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(Street)

DALLAS                           TX                            75240      
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(City)                           (State)                       (Zip)      

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2. Date of Event Requiring Statement (Month/Day/Year)                           

JANUARY 29, 1998                                                                

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3. IRS or Social Security Number of Reporting Person (Voluntary)                

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4. Issuer Name and Ticker or Trading Symbol                                     

PROSOURCE, INC. (NASDAQ: PSDS)                                                  
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5. Relationship of Reporting Person(s) to Issuer                                
(Check all applicable)                                                    

[   ]   Director                             [ X ]   10% Owner            
[   ]   Officer (give title below)           [   ]   Other (specify below)

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6. If Amendment, Date of Original (Month/Day/Year)                              

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7. Individual or Joint/Group Filing:                                            

[   ] Form Filed by One Reporting Person                                  

[ X ] Form Filed by More than One Reporting Person                        

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 TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
================================================================================

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1. Title of Security                  2. Amount of Securities    3. Ownership Form:     4. Nature of Indirect Beneficial Ownership  
   (Instr. 4)                            Beneficially Owned         Direct (D) or          (Instr. 5)                               
                                         (Instr. 4)                 Indirect (I)                                                    
                                                                    (Instr. 5)                                                      
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Reminder: Report on a separate line for each class of securities beneficially   
owned directly or indirectly.                                                   

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FORM 3 (CONTINUED)                                                              

   TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS,
CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)             

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                                                        [Enlarge/Download Table]

                                                                                                        5. Owner-                   
                                                    3. Title and Amount of Securities                      ship                     
                                                       Underlying Derivative Security                      Form of                  
                         2. Date Exercisable           (Instr. 4)                                          Derivative               
                            and Expiration Date     ---------------------------------    4. Conver-        Security:                
                            (Month/Day/Year)                               Amount           sion or        Direct      6. Nature of 
                         ----------------------                            or               Exercise       (D) or         Indirect  
                         Date       Expira-                                Number           Price of       Indirect       Beneficial
1. Title of Derivative   Exer-      tion                                   of               Derivative     (I)            Ownership 
   Security (Instr. 4)   cisable    Date            Title                  Shares           Security       (Instr.5)      (Instr. 5)
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OPTION (SEE ATTACHED)    (SEE       (SEE             CLASS A COMMON STOCK   496,583       $15.00         (SEE          (SEE         
(CONTINGENT RIGHT TO     ATTACHED)  ATTACHED)                                                             ATTACHED)     ATTACHED)   
BUY)                                                                                                                                
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OPTION (SEE ATTACHED)    (SEE       (SEE             CLASS B COMMON STOCK  5,218,072      $15.00          (SEE          (SEE        
(CONTINGENT RIGHT TO     ATTACHED)  ATTACHED)                                                             ATTACHED)     ATTACHED)   
BUY)                                                                                                                                
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Explanation of Responses:                                                       

See attached.                                                         

      (See attached)                                  (See attached)
---------------------------------------------            -----------------------
**Signature of Reporting Person                             Date    

**   Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.                                                           

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).                             

Note:  File three copies of this Form, one of which must be manually signed.    
If space is insufficient, see Instruction 6 for procedure.        

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FORM 3 CONTINUATION SHEET                                                       

ITEM 1:        AMERISERVE FOOD DISTRIBUTION, INC.                               
14841 DALLAS PARKWAY                              
DALLAS, TX 75240                                  
ITEM 2:        JANUARY 29, 1998                                                 
ITEM 4:        PROSOURCE, INC. (NASDAQ: PSDS)                                   

EXPLANATION OF RESPONSES      

   This Initial Statement of Beneficial Ownership on Form 3 (this "Form") is
filed by Steamboat Acquisition Corp., a Delaware corporation ("Merger Sub"),    
AmeriServe Food Distribution, Inc., a Delaware corporation ("AmeriServe"), Nebco
Evans Holding Company, a Delaware corporation ("NEHC"), Nebco Evans             
Distributors, Inc. a Delaware corporation ("NED"), Holberg Industries, Inc., a  
Delaware corporation ("Holberg Industries"), Holberg Incorporated, a Delaware   
corporation ("Holberg"), and John V. Holten ("Holten"). Together Merger Sub,    
AmeriServe, NEHC, NED, Holberg Industries, Holberg and Mr. Holten are the       
"Reporting Persons". All of the outstanding common stock of Merger Sub is owned 
by AmeriServe, all of the outstanding common stock of AmeriServe is owned by    
NEHC and all of the outstanding common stock of NEHC is owned by NED. As of the 
date hereof, Holberg Industries owns approximately 93% of the outstanding common
stock of NED and has an additional interest in the common stock of NED of       
approximately 75% through preferred stock convertible into common stock; Mr.    
Holten owns all of the outstanding common stock of Holberg, the corporate parent
of Holberg Industries, which entity owns approximately 70% of the outstanding   
common stock of Holberg Industries and an additional interest in the common     
stock of Holberg Industries of approximately 25% through certain preferred      
stock convertible into common stock. The convertible interests described in this
Form 3 have been computed based upon the outstanding common shares of each of   
the corporate Reporting Persons without taking into account any options or      
convertible interests therein.                                                  

In connection with an Agreement and Plan of Merger (the "Merger       
Agreement"), dated as of January 29, 1998, by and among AmeriServe, Merger Sub  
and ProSource, Inc., a Delaware corporation (the "Company"), Merger Sub and     
AmeriServe have entered into a Voting Agreement (the "Voting Agreement"), dated 
as of January 29, 1998, with Onex DHC LLC, a Wyoming limited liability company, 
and certain of its affiliates (collectively, the "Onex Stockholders"). As of the
date of the Voting Agreement, the Onex Stockholders were the beneficial owners  
of 496,583 shares of the Company's Class A Common Stock, par value $0.01 per    
share ("Class A Common Stock") (representing approximately 14.4% of the Class A 
Common Stock) and 5,218,072 shares of the Company's Class B Common Stock, par   
value $0.01 per share ("Class B Common Stock" and together with the Class A     
Common Stock, the "Common Stock")(representing approximately 88.4% of the       
Class B Common Stock outstanding). The Common Stock owned by the Stockholders   
are referred to as the "Subject Shares".                                        

   Pursuant to the Voting Agreement, the Onex Stockholders have, among other
things, granted AmeriServe and Merger Sub and irrevocable option (the "Option") 
to acquire the Subject Shares, in whole and not in part, at a price of $15.00   
per share in cash (the "Exercise Price"), subject to certain conditions set     
forth in the Voting Agreement, exercisable during the 30-day period following a 
termination of the Merger Agreement, other than pursuant to a termination upon  
mutual consent of the parties thereto, or pursuant to a termination of the      
Merger Agreement by the Company based on an actual material breach by Merger Sub
or AmeriServe of their respective obligations thereunder. The covenants and     
agreements contained in the Voting Agreement with respect to the Subject Shares 
will terminate upon the earliest of (x) the effective time of the merger        
pursuant to the Merger Agreement, (y) the termination fo the Merger Agreement   
based upon mutual consent of the parties thereto, or the termination of the     
Merger Agreement by the Company based on an actual material breach by Merger Sub
of AmeriServe of their respective obligations thereunder, or (z) the 30th day   
following another termination of the Merger Agreement pursuant to its terms     
(after which termination the Option becomes exercisable), subject to certain    
extensions if the Option has been exercised by the closing if such exercise has 
not occurred.                                                                   

     Prior to the Option becoming exercisable and being exercised, the Reporting
Persons expressly disclaim beneficial ownership of shares of Class A Common     
Stock and Class B Common Stock which are purchasable by Merger Sub upon the     
Option becoming exercisable and being exercised. Neither the filing of this Form
3 nor any of its contents shall be deemed to constitute an admission that any   
Reporting Person is the beneficial owner of the shares of Class A Common Stock  
and Class B Common Stock subject to the Option for purposes of Section 13(d) or 
16 of the Securities Exchange Act of 1934, as amended, or for any other purpose,
and such beneficial ownership is expressly disclaimed.                          

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FORM 3 CONTINUATION SHEET                                                       

ITEM 1:        AMERISERVE FOOD DISTRIBUTION, INC.                               
14841 DALLAS PARKWAY                              
DALLAS, TX 75240                                  
ITEM 2:        JANUARY 29, 1998                                                 
ITEM 4:        PROSOURCE, INC. (NASDAQ: PSDS)                                   

INSTRUCTION 5(b)(v) 

LIST OF OTHER REPORTING PERSONS 
WITH PRINCIPAL BUSINESS ADDRESSES 

Steamboat Acquisition Corp.                                                     
Nebco Evans Holding Company                                                     
Nebco Evans Distributors, Inc.                                                  
Holberg Industries, Inc.                                                        
Holberg Incorporated                                                            
John V. Holten                                                                  
545 Steamboat Road                                                              
Greenwich, CT 06830                                                             

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FORM 3 CONTINUATION SHEET                                                       

ITEM 1:        AMERISERVE FOOD DISTRIBUTION, INC.                               
14841 DALLAS PARKWAY                              
DALLAS, TX 75240                                  
ITEM 2:        JANUARY 29, 1998                                                 
ITEM 4:        PROSOURCE, INC. (NASDAQ: PSDS)                                   

SIGNATURES OF REPORTING PERSONS 

Dated as of: February 9, 1998                                                   

                 STEAMBOAT ACQUISITION CORP.

           By:/s/ John V. Holten
             Name:    John V. Holten
                                  Title:   Chairman of the Board and President

                        AMERISERVE FOOD DISTRIBUTION, INC.

           By:/s/ John V. Holten
             Name:    John V. Holten
                                   Title:   Chairman and Chief Executive Officer

                 NEBCO EVANS HOLDING COMPANY

           By:/s/ John V. Holten
             Name:    John V. Holten
                                   Title:   Chairman and Chief Executive Officer

                    NEBCO EVANS DISTRIBUTORS, INC.

           By:/s/ John V. Holten
             Name:    John V. Holten
                                   Title:   Chairman and Chief Executive Officer

              HOLBERG INDUSTRIES, INC.

           By:/s/ John V. Holten
             Name:    John V. Holten
                                   Title:   Chairman and Chief Executive Officer

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FORM 3 CONTINUATION SHEET                                                       

ITEM 1:        AMERISERVE FOOD DISTRIBUTION, INC.                               
14841 DALLAS PARKWAY                              
DALLAS, TX 75240                                  
ITEM 2:        JANUARY 29, 1998                                                 
ITEM 4:        PROSOURCE, INC. (NASDAQ: PSDS)                                   

           HOLBERG, INCORPORATED

           By:/s/ John V. Holten
            Name:   John V. Holten
                                  Title:  Chairman and Chief Executive Officer

              /s/ John V. Holten
                            JOHN V. HOLTEN

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Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘3’ Filing		Date		First		Last			Other Filings
		9/30/98		1
Filed on:		2/9/98		5					SC 13D
For Period end:		1/29/98		1		6			424B3,  8-K,  SC 13G
									List all Filings