-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 V+YCBNWCwPAr7siDNLVBNPLfalHttfuwSC1XyE1MvMcQGCGaXD39M5Hx0rOjqcoc
 cZHJWKUhbIACq9cZ7XSSvA==

<SEC-DOCUMENT>0000059255-96-000017.txt : 19960612
<SEC-HEADER>0000059255-96-000017.hdr.sgml : 19960612
ACCESSION NUMBER:		0000059255-96-000017
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	19960605
ITEM INFORMATION:		Acquisition or disposition of assets
FILED AS OF DATE:		19960607
SROS:			NYSE
SROS:			PSE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VALHI INC /DE/
		CENTRAL INDEX KEY:			0000059255
		STANDARD INDUSTRIAL CLASSIFICATION:	SUGAR & CONFECTIONERY PRODUCTS [2060]
		IRS NUMBER:				870110150
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05467
		FILM NUMBER:		96578373

	BUSINESS ADDRESS:	
		STREET 1:		THREE LINCOLN CENTRE
		STREET 2:		5430 LBJ FRWY STE 1700
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240
		BUSINESS PHONE:		2142331700

	MAIL ADDRESS:	
		STREET 1:		THREE LINCOLN CENTER
		STREET 2:		5430 LBJ FREEWAY SUITE 1700
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LLC CORP
		DATE OF NAME CHANGE:	19870329

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LIBERTY LOAN CORP
		DATE OF NAME CHANGE:	19800414
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<DESCRIPTION>VALHI,INC.06/05/96 PRESS REL
<TEXT>





                         SECURITIES AND EXCHANGE COMMISSION


                                WASHINGTON, DC 20549


                                      FORM 8-K

                                   CURRENT REPORT


                  Pursuant to Section 13 or 15(d) of the Securities
                                Exchange Act of 1934


                                    June 7, 1996
                  -------------------------------------------------

                  (Date of Report, date of earliest event reported)




                                      VALHI, INC.
             -----------------------------------------------------------

               (Exact name of Registrant as specified in its charter)







                Delaware              1-5467             87-0110150
            ------------------------------------------------------------

              (State or other        (Commission         (IRS Employer
               jurisdiction of        File Number)        Identification
               incorporation)                             No.)


               5430 LBJ Freeway, Suite 1700, Dallas, TX     75240-2697
            ------------------------------------------------------------

               (Address of principal executive offices)     (Zip Code)


                                  (214) 233-1700
            ------------------------------------------------------------

                (Registrant's telephone number, including area code)


                                  Not applicable
            ------------------------------------------------------------

               (Former name or address, if changed since last report)






          Item 5:  Other Events
                   ------------


                      On June 7, 1996, the Registrant issued the press
          release attached hereto as Exhibit 99.1 which is incorporated
          herein by reference.

          Item 7:  Financial Statements,  Pro Forma  Financial Information
                   -------------------------------------------------------

                      and Exhibits
                      ------------


              (c)  Exhibit
                   -------


                      Item No.                 Exhibit Index
                      --------   ------------------------------------------


                        99.1          Press release dated June 5, 1996
                                 issued by the Registrant




                                     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.



                                      VALHI, INC.
                                      (Registrant)



                                      By: /s/ Steven L. Watson
                                          -------------------------------

                                               Steven L. Watson
                                               Vice President & Secretary





          Date:  June 7, 1996





</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<DESCRIPTION>VALHI,INC. 06/05/96 PRESS REL AMALGAMATED SALE
<TEXT>



                                PRESS RELEASE



      FOR IMMEDIATE RELEASE:

      FOR FURTHER INFORMATION, CONTACT:


ALLAN M. LIPMAN, JR.,             RANDON W. WILSON, ATTORNEY FOR
PRESIDENT                         SNAKE RIVER SUGAR COMPANY
THE AMALGAMATED SUGAR COMPANY     JONES WALDO HOLBROOK & MCDONOUGH
2427 LINCOLN AVENUE               1500 FIRST INTERSTATE PLAZA
P.O. BOX 1520                     170 SOUTH MAIN STREET
OGDEN, UT   84402                 SALT LAKE CITY, UT   84101
(801) 399-3431                    (801) 521-3200
(801) 393-8042 (FAX)              (801) 328-0537 (FAX)



STEVEN L. WATSON, VICE
PRESIDENT
VALHI, INC.
THREE LINCOLN CENTRE
5430 LBJ FREEWAY, SUITE 1700
DALLAS, TEXAS   75240-2697
(214)  233-1700
(214)  239-0142 (FAX)



           Dallas, Texas . . . June 5, 1996 . . . Valhi, Inc. (NYSE:
      VHI) jointly announced today with Snake River Sugar Company, an
      Oregon cooperative association, the execution of a letter of
      intent by which Snake River would acquire 100% of the voting stock
      of The Amalgamated Sugar Company from Amcorp, Inc., a wholly owned
      subsidiary of Valhi.

           Completion of the transaction is subject to, among other
      things, execution of definitive agreements, obtaining of
      sufficient bank financing by Snake River and execution of
      membership agreements by approximately 1600 sugarbeet growers in
      Idaho, Oregon and Washington. Depending on the form of the
      acquisition, Amcorp would receive consideration with a value of
      $250 million in either a tax-free or tax-deferred transaction,
      subject to certain post closing adjustments based on operating
      performance.  The growers will be required to commit approximately
      220,000 acres of sugarbeets to Snake River and to pay
      approximately $400 per acre to subscribe to preferred stock in the
      cooperative which will raise net funds of approximately $86
      million.

           George Grant, Chairman of Snake River, stated, ``We are
      delighted with the prospect that the growers will now be able to
      own the sugar factories and other facilities that have served us
      for so many years.  We are happy to continue the trend of
      sugarbeet growers in the United States who have acquired their
      processing capability.  This is indeed a great day for sugarbeet
      growers in our region.''  Allan Lipman, President of Amalgamated,
      stated, ``Amalgamated has provided a processing capability and a
      market to sugarbeet growers for a century.  We now look forward to
      working more closely with the growers in adding value to their
      farming operations.  This will allow Amalgamated to continue as a
      highly competitive sugar processor in the United States.''
           Amalgamated operates sugar factories in Twin Falls, Paul, and
      Nampa, Idaho, and in Nyssa, Oregon.  It also has other sugar
      facilities in the states of Oregon, Utah, Idaho, Colorado and
      Washington.

           Valhi is engaged in the chemicals, refined sugar, building
      products and other industries. 


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
