content: UNITED STATES
                         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)     June 23, 2003
                                                   -------------------------------
                               The Alpine Group, Inc.
  --------------------------------------------------------------------------------
                 (Exact name of registrant as specified in charter)
  
          Delaware                   1-9078                   22-1620387
  --------------------------------------------------------------------------------
  (State or other jurisdiction     (Commission               (IRS Employer
      of incorporation)            File Number)            Identification No.)
  
         One Meadowlands Plaza, East Rutherford, New Jersey           07073
  --------------------------------------------------------------------------------
             (Address of principal executive offices)               (Zip Code)
  
  Registrant's telephone number, including area code  (201) 549-4400
                                                      ----------------------------
  
  --------------------------------------------------------------------------------
            (Former name or former address, if changed since last report)
  
  
  <PAGE>
  
  
  ITEM 5.  OTHER EVENTS AND REQUIRED FD DISCLOSURE.
  
           On June 23, 2003, The Alpine Group, Inc. ("Alpine") announced that it
  had completed a private placement of shares of a new issue of Series A
  Convertible Preferred Stock to its directors and certain of its officers for
  $380 per share, or an aggregate of $3.1 million. Alpine also announced that it
  had commenced an exchange offer whereby the holders of its Common Stock may
  exchange their shares for a new issue of Alpine's 6% Subordinated Notes. Alpine
  further announced that, after the completion of this exchange offer, it intends
  to offer to holders of its Common Stock the right to subscribe for shares of
  Series A Convertible Preferred Stock in proportion to their ownership of Common
  Stock.
  
           The press release announcing these transactions is included as Exhibit
  99.1 hereto and is incorporated by reference into this Item 5.
  
  ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
  
           (c)  Exhibits.  The  following  document is filed as an exhibit to this
                report:
  
                    99.1     Press release
  
  
  
  <PAGE>
  
  
                                     SIGNATURES
  
           Pursuant to the requirements of the Securities Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                                                    THE ALPINE GROUP, INC.
                                         -----------------------------------------
                                                      (Registrant)
  
              June 23, 2003       /s/ David A. Owen
  ----------------------------  --------------------------------------------------
                 Date            David A. Owen
                                 Senior Vice President and Chief Financial Officer
  
  
  <PAGE>
  
  
                                    EXHIBIT INDEX
  
  
           EXHIBIT
  
           99.1     Press release
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "e131073.txt", "secsgml_size_bytes": 3450}]
metadata_filer: {"company-data": {"conformed-name": "ALPINE GROUP INC /DE/", "cik": "0000004164", "assigned-sic": "3357", "irs-number": "221620387", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-09078", "film-number": "03755182"}, "business-address": {"street1": "1790 BROADWAY", "street2": "15TH FL", "city": "NEW YORK", "state": "NY", "zip": "10019", "phone": "2127573333"}, "mail-address": {"street1": "150 INTERSTATE NORTH PKWY", "street2": "STE 110", "city": "ATLANTA", "state": "GA", "zip": "30339"}, "former-company": [{"former-conformed-name": "ALPINE GEOPHYSICAL CORP", "date-changed": "19841202"}, {"former-conformed-name": "ALPINE GEOPHYSICAL ASSOCIATES INC", "date-changed": "19810120"}]}
text: UNITED STATES
                         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)     June 23, 2003
                                                   -------------------------------
                               The Alpine Group, Inc.
  --------------------------------------------------------------------------------
                 (Exact name of registrant as specified in charter)
  
          Delaware                   1-9078                   22-1620387
  --------------------------------------------------------------------------------
  (State or other jurisdiction     (Commission               (IRS Employer
      of incorporation)            File Number)            Identification No.)
  
         One Meadowlands Plaza, East Rutherford, New Jersey           07073
  --------------------------------------------------------------------------------
             (Address of principal executive offices)               (Zip Code)
  
  Registrant's telephone number, including area code  (201) 549-4400
                                                      ----------------------------
  
  --------------------------------------------------------------------------------
            (Former name or former address, if changed since last report)
  ITEM 5.  OTHER EVENTS AND REQUIRED FD DISCLOSURE.
  
           On June 23, 2003, The Alpine Group, Inc. ("Alpine") announced that it
  had completed a private placement of shares of a new issue of Series A
  Convertible Preferred Stock to its directors and certain of its officers for
  $380 per share, or an aggregate of $3.1 million. Alpine also announced that it
  had commenced an exchange offer whereby the holders of its Common Stock may
  exchange their shares for a new issue of Alpine's 6% Subordinated Notes. Alpine
  further announced that, after the completion of this exchange offer, it intends
  to offer to holders of its Common Stock the right to subscribe for shares of
  Series A Convertible Preferred Stock in proportion to their ownership of Common
  Stock.
  
           The press release announcing these transactions is included as Exhibit
  99.1 hereto and is incorporated by reference into this Item 5.
  
  ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
  
           (c)  Exhibits.  The  following  document is filed as an exhibit to this
                report:
  
                    99.1     Press release
  SIGNATURES
  
           Pursuant to the requirements of the Securities Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned hereunto duly authorized.
  
                                                    THE ALPINE GROUP, INC.
                                         -----------------------------------------
                                                      (Registrant)
  
              June 23, 2003       /s/ David A. Owen
  ----------------------------  --------------------------------------------------
                 Date            David A. Owen
                                 Senior Vice President and Chief Financial Officer
  EXHIBIT INDEX
  
           EXHIBIT
  
           99.1     Press release