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<TITLE>GENESEE BREWING COMPANY 8K FILING</TITLE>
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<p align="RIGHT"><font face="Helv" size="2"></font></p>

<p align="RIGHT"><font face="Helv" size="2">Exhibit Index at Page
3</font></p>

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<p align="CENTER"><b><font face="Helv" size="4"></font></b></p>

<p align="CENTER"><b><font face="Helv" size="4"></font></b></p>

<p align="CENTER"><b><font face="Helv" size="4">Securities and
Exchange Commission</font></b></p>

<p align="CENTER"><b><font face="Helv" size="4">Washington, D.C.
20549</font></b></p>

<p align="CENTER"><b><font face="Helv" size="4"></font></b></p>

<p align="CENTER"><b><font face="Helv" size="4"></font></b></p>

<p align="CENTER"><b><font face="Helv" size="4"></font></b></p>

<p align="CENTER"><b><font face="Helv" size="4"></font></b></p>

<p align="CENTER"><b><font face="Helv" size="4">Form
8-K</font></b></p>

<p align="CENTER"><b><font face="Helv" size="4"></font></b></p>

<p align="CENTER"><b><font face="Helv" size="4">Current
Report</font></b></p>

<p align="CENTER"><b><font face="Helv" size="4">Pursuant to
Section 13 or 15(d) of the</font></b></p>

<p align="CENTER"><b><font face="Helv" size="4">Securities
Exchange Act of 1934</font></b></p>

<p><font face="Helv"></font></p>

<p><font face="Helv"></font></p>

<p><font face="Helv"></font></p>

<p><font face="Helv"></font></p>

<font face="Helv" size="2"></font>
<p><font face="Helv" size="2">Date of Report (Date of earliest
event reported):</font><u><font face="Helv"> December 16,
1999	</font></u></p>

<p><u><font face="Helv"></font></u></p>

<p><u><font face="Helv">	Genesee Corporation	</font></u></p>

<p align="CENTER"><font face="Helv" size="2">(Exact Name of
Registrant as Specified in Charter)</font></p>

<p><font face="Helv"></font></p>

<font face="Helv"><u></u></font>
<p><font face="Helv"><u> New
York	0-1653	16-0445920	</u></font></p>

<p><font face="Helv" size="2">(State or other
Jurisdiction	(Commission	(IRS Employer</font></p>

<p><font face="Helv" size="2">of Incorporation)	File
Number)	Identification No.)</font></p>

<p><font face="Helv"></font></p>

<font face="Helv"><u></u></font>
<p><font face="Helv"><u> 445 St. Paul Street, Rochester, New
York	14605	</u></font></p>

<p><font face="Helv" size="2">(Address of Principal Executive
Offices)		(Zip Code)</font></p>

<p><font face="Helv"></font></p>

<font face="Helv" size="2"></font>
<p><font face="Helv" size="2">Registrant's telephone number,
including area code:</font><u><font face="Helv">	(716)
546-1030	</font></u></p>

<p><u></u></p>

<font face="Helv" size="3"></font>
<p><font face="Helv" size="3">Item 5.	<u>Other
Events.</u></font></p>

<div style="margin-left: 6em">
<p><font face="Helv" size="3">Genesee Corporation issued a news
release on December 16, 1999 which is filed with this report as
Exhibit 99.</font></p>

<p><font face="Helv" size="3"></font></p>
</div>

<p><font face="Helv" size="3">Item 7.	<u>Exhibits.</u></font></p>

<div style="margin-left: 6em">
<p><font face="Helv" size="3">An exhibit filed with this report
is identified in the Exhibit Index at Page 3.</font></p>

<p><font face="Helv" size="3"></font></p>

<p><font face="Helv" size="3"></font></p>
</div>

<p align="CENTER"><font face="Helv" size="3">
Signatures</font></p>

<p><font face="Helv" size="3">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.</font></p>

<p><font face="Helv" size="3">			Genesee Corporation</font></p>

<p><font face="Helv" size="3"></font></p>

<p><font face="Helv" size="3">Date:<u>	December 16,
1999	</u>	By<u> /s/Mark W. Leunig	</u></font></p>

<p><font face="Helv" size="3">			 Mark W. Leunig, Vice President
and Secretary</font></p>

<p><font face="Helv" size="3"></font></p>

<font face="Helv" size="3"><u></u></font>
<p align="CENTER"><font face="Helv" size="3"><u>Exhibit
Index</u></font></p>

<p><font face="Helv" size="3">		<u>Page</u></font></p>

<p><font face="Helv" size="3">Exhibit 99	News Release Dated
December 16, 1999	 4</font></p>

<p><b><font face="Arial" size="3"></font></b></p>

<p><b><font face="Arial" size="3">For Immediate
Release</font>	Contact: Mark W. Leunig</b></p>

<p><b>	Director of Investor Relations</b></p>

<p><b>	(716) 263-9440</b></p>

<p><b></b></p>

<b><b></b></b>
<p><b><u></u></b></p>

<p align="CENTER"><b><u>Genesee Corporation Announces Agreement
to Sell Genesee Brewing Company</u></b></p>

<p><b><u></u></b></p>

<p>Rochester, New York, December 16, 1999 -- Genesee Corporation
(Nasdaq/NMS: GENBB) today announced that its Genesee Brewing
Company subsidiary has entered into an agreement to sell
substantially all of its assets to the owners of City Brewing
Company. City Brewing, a privately owned company that recently
acquired the former Heileman brewery in LaCrosse, Wisconsin, is
part of Platinum Holdings, a New York investment company.</p>

<p>	Under the agreement announced today, City Brewing would
acquire all of the brands and operating assets of Genesee Brewing
Company, including Genesee&rsquo;s 3.3 million-barrel brewery
located in Rochester, New York. The new owner would continue
brewing the Genesee and HighFalls brands at the Rochester
brewery. The parties anticipate that contract brewing for Boston
Beer Company will continue at the Rochester brewery after the
change of ownership. City Brewing is investigating the
possibility of adding ethanol production capability to the
Rochester brewery. Ethanol is a brewing by-product that can also
be produced using corn or other renewable resources as a raw
material. The addition of ethanol production would improve
capacity utilization at the Rochester brewery.</p>

<p>	Other terms of the deal, which is expected to close within
ninety days, were not disclosed.</p>

<p></p>

<p>	</p>

<p>Genesee, the nation&rsquo;s fifth largest brewer, produced 1.6
million barrels of beer and ale and reported net revenues of
$103.3 million in its fiscal year ended May 1, 1999. Its brands
include the Genesee line of regional beers, such as Genesee Beer,
Genny Light and Genny Cream Ale, and a highly acclaimed line of
specialty beers including JW Dundee&rsquo;s Honey Brown Lager and
Michael Shea&rsquo;s Irish Amber. Genesee Brewing Company was
established in 1878 and was one of the first brewers in Upstate
New York to resume production following the repeal of Prohibition
in 1933. Genesee survived the consolidation that has occurred in
the domestic brewing industry over the past thirty years to
become the nation&rsquo;s largest, independent regional brewer.
Genesee has 450 employees and its products are sold in
thirty-seven states.</p>

<p>	"Speaking on behalf of my brother Ted and the rest of the
Wehle family, I can say that the decision to sell the brewery was
emotionally a very difficult one to make", said Chipp Wehle,
President of Genesee Brewing Company. "The Wehle family has been
a part of Genesee and the Genesee family for close to 70 years.
Although we will miss being part of the brewing business, we are
pleased with the prospect that the brewery and many of its
employees will continue under new ownership, as will the Genesee
tradition of brewing the finest beer and ale", said Mr.
Wehle.</p>

<p><font face="Helv">	</font><font face="Arial" size="3">Tom
Hubbard, President and Chief Operating Officer of Genesee
Corporation said, "Genesee Brewing Company has enjoyed a long and
distinguished history under the leadership of the Wehle family.
Genesee has fought long and hard to be a strong, independent
force in the intensely competitive brewing industry and it is a
tribute to our employees, distributors and loyal consumers that
Genesee remains as the last large, independent regional brewer in
the nation", said Mr. Hubbard.</font></p>

<p><font face="Arial" size="3">As previously disclosed, Genesee
Corporation has been actively reviewing strategic alternatives
for its brewing business. "Of the various strategic alternatives
we have analyzed", said Mr. Hubbard, "we believe the agreement
with City Brewing offers the maximum value for our shareowners
and will provide the best opportunity for our employees." Mr.
Hubbard went on to say, "It should be recognized that there are a
number of contingencies associated with closing this transaction
and we will be working with City Brewing to expeditiously address
them. These include possible environmental issues and
renegotiating agreements with our six labor unions. We are
encouraged that this transaction can be the foundation for a
bright and profitable future for the Brewery."</font></p>

<p><font face="Arial" size="3">	City Brewing has held preliminary
discussions with county and city officials to explore economic
development programs that will be needed to encourage additional
investment in the Rochester brewing facility. City Brewing has
also had preliminary meetings with leaders of the unions
representing brewery employees to discuss the terms of collective
bargaining agreements that it needs to negotiate prior to
closing.</font></p>

<p><font face="Arial" size="3">	John Mazzuto, President of City
Brewing, voiced his support for the transaction. "We were
impressed with the quality of the Genesee Brands and the local
work force. We know that by partnering with our customers and
employees we can continue to build upon the proud Genesee
tradition."</font></p>

<p><font face="Arial" size="3">	"We are very excited about the
future prospects for the Brewery", said Jim Strupp, Chairman of
City Brewing. "Genesee has an excellent portfolio of regional and
specialty brands, a well-maintained brewery and a loyal and
experienced work force. By Partnering with our employees, we
believe we can improve operating results for the Brewery through
incremental growth and production efficiencies. We look forward
to working with Genesee management and the labor unions to
successfully conclude the proposed transaction", said Mr.
Strupp.</font></p>

<p><font face="Arial" size="3"></font></p>

<font face="HELVETICA" size="3"></font>
<p><font face="HELVETICA" size="3">Copies of Genesee Corporation
press releases are available free of charge by calling
PRNewswire&rsquo;s Company News On Call at 800-758-5804,
Extension 352775, or on the Internet at
http://www.prnewswire.com/cnoc.</font></p>

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[{"type": "8-K", "sequence": "1", "description": "PRESS RELEASE 12/16/99", "secsgml_size_bytes": 10698}]
{"company-data": {"conformed-name": "GENESEE CORP", "cik": "0000040934", "assigned-sic": "2082", "irs-number": "160445920", "state-of-incorporation": "NY", "fiscal-year-end": "0503"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-01653", "film-number": "99776710"}, "business-address": {"street1": "445 ST PAUL ST", "city": "ROCHESTER", "state": "NY", "zip": "14605", "phone": "7162639440"}, "mail-address": {"street1": "445 ST PAUL STREET", "city": "ROCHESTER", "state": "NY", "zip": "14605"}, "former-company": {"former-conformed-name": "GENESEE BREWING CO INC", "date-changed": "19880322"}}
GENESEE BREWING COMPANY 8K FILING
Exhibit Index at Page
3
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):
December 16,
1999
Genesee Corporation
(Exact Name of
Registrant as Specified in Charter)
New
York	0-1653	16-0445920
(State or other
Jurisdiction	(Commission	(IRS Employer
of Incorporation)	File
Number)	Identification No.)
445 St. Paul Street, Rochester, New
York	14605
(Address of Principal Executive
Offices)		(Zip Code)
Registrant's telephone number,
including area code:
(716)
546-1030
Item 5.
Other
Events.
Genesee Corporation issued a news
release on December 16, 1999 which is filed with this report as
Exhibit 99.
Item 7.
Exhibits.
An exhibit filed with this report
is identified in the Exhibit Index at Page 3.
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.
Genesee Corporation
Date:
December 16,
1999
By
/s/Mark W. Leunig
Mark W. Leunig, Vice President
and Secretary
Exhibit
Index
Page
Exhibit 99	News Release Dated
December 16, 1999	 4
For Immediate
Release
Contact: Mark W. Leunig
Director of Investor Relations
(716) 263-9440
Genesee Corporation Announces Agreement
to Sell Genesee Brewing Company
Rochester, New York, December 16, 1999 -- Genesee Corporation
(Nasdaq/NMS: GENBB) today announced that its Genesee Brewing
Company subsidiary has entered into an agreement to sell
substantially all of its assets to the owners of City Brewing
Company. City Brewing, a privately owned company that recently
acquired the former Heileman brewery in LaCrosse, Wisconsin, is
part of Platinum Holdings, a New York investment company.
Under the agreement announced today, City Brewing would
acquire all of the brands and operating assets of Genesee Brewing
Company, including Genesee's 3.3 million-barrel brewery
located in Rochester, New York. The new owner would continue
brewing the Genesee and HighFalls brands at the Rochester
brewery. The parties anticipate that contract brewing for Boston
Beer Company will continue at the Rochester brewery after the
change of ownership. City Brewing is investigating the
possibility of adding ethanol production capability to the
Rochester brewery. Ethanol is a brewing by-product that can also
be produced using corn or other renewable resources as a raw
material. The addition of ethanol production would improve
capacity utilization at the Rochester brewery.
Other terms of the deal, which is expected to close within
ninety days, were not disclosed.
Genesee, the nation's fifth largest brewer, produced 1.6
million barrels of beer and ale and reported net revenues of
$103.3 million in its fiscal year ended May 1, 1999. Its brands
include the Genesee line of regional beers, such as Genesee Beer,
Genny Light and Genny Cream Ale, and a highly acclaimed line of
specialty beers including JW Dundee's Honey Brown Lager and
Michael Shea's Irish Amber. Genesee Brewing Company was
established in 1878 and was one of the first brewers in Upstate
New York to resume production following the repeal of Prohibition
in 1933. Genesee survived the consolidation that has occurred in
the domestic brewing industry over the past thirty years to
become the nation's largest, independent regional brewer.
Genesee has 450 employees and its products are sold in
thirty-seven states.
"Speaking on behalf of my brother Ted and the rest of the
Wehle family, I can say that the decision to sell the brewery was
emotionally a very difficult one to make", said Chipp Wehle,
President of Genesee Brewing Company. "The Wehle family has been
a part of Genesee and the Genesee family for close to 70 years.
Although we will miss being part of the brewing business, we are
pleased with the prospect that the brewery and many of its
employees will continue under new ownership, as will the Genesee
tradition of brewing the finest beer and ale", said Mr.
Wehle.
Tom
Hubbard, President and Chief Operating Officer of Genesee
Corporation said, "Genesee Brewing Company has enjoyed a long and
distinguished history under the leadership of the Wehle family.
Genesee has fought long and hard to be a strong, independent
force in the intensely competitive brewing industry and it is a
tribute to our employees, distributors and loyal consumers that
Genesee remains as the last large, independent regional brewer in
the nation", said Mr. Hubbard.
As previously disclosed, Genesee
Corporation has been actively reviewing strategic alternatives
for its brewing business. "Of the various strategic alternatives
we have analyzed", said Mr. Hubbard, "we believe the agreement
with City Brewing offers the maximum value for our shareowners
and will provide the best opportunity for our employees." Mr.
Hubbard went on to say, "It should be recognized that there are a
number of contingencies associated with closing this transaction
and we will be working with City Brewing to expeditiously address
them. These include possible environmental issues and
renegotiating agreements with our six labor unions. We are
encouraged that this transaction can be the foundation for a
bright and profitable future for the Brewery."
City Brewing has held preliminary
discussions with county and city officials to explore economic
development programs that will be needed to encourage additional
investment in the Rochester brewing facility. City Brewing has
also had preliminary meetings with leaders of the unions
representing brewery employees to discuss the terms of collective
bargaining agreements that it needs to negotiate prior to
closing.
John Mazzuto, President of City
Brewing, voiced his support for the transaction. "We were
impressed with the quality of the Genesee Brands and the local
work force. We know that by partnering with our customers and
employees we can continue to build upon the proud Genesee
tradition."
"We are very excited about the
future prospects for the Brewery", said Jim Strupp, Chairman of
City Brewing. "Genesee has an excellent portfolio of regional and
specialty brands, a well-maintained brewery and a loyal and
experienced work force. By Partnering with our employees, we
believe we can improve operating results for the Brewery through
incremental growth and production efficiencies. We look forward
to working with Genesee management and the labor unions to
successfully conclude the proposed transaction", said Mr.
Strupp.
Copies of Genesee Corporation
press releases are available free of charge by calling
PRNewswire's Company News On Call at 800-758-5804,
Extension 352775, or on the Internet at
http://www.prnewswire.com/cnoc.
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