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

                              OCTOBER 1, 1996
                     (Date of earliest event reported)

                      BIG FLOWER PRESS HOLDINGS, INC.
           (Exact name of Registrant as specified in its charter)

          DELAWARE                1-14084               13-376-8322
   (State of Incorporation)  (Commission File No.)     (IRS Employer
                                                     Identification No.)

                             3 EAST 54TH STREET
                          NEW YORK, NEW YORK 10022
        (Address of principal executive offices, including zip code)

                               (212) 521-1600
            (Registrant's telephone number, including area code)


     Item 2.   Acquisition or Disposition of Assets

               A.   Acquisition of PrintCo., Inc.

               On October 1, 1996, Treasure Chest Advertising Company,
     Inc. ("Treasure Chest"), a Delaware corporation and a wholly
     owned subsidiary of Big Flower Press Holdings, Inc. (the
     "Registrant"), consummated the acquisition (the "Printco
     Acquisition") of all of the outstanding capital stock of
     PrintCo., Inc., a Michigan corporation ("Printco"), and certain
     real estate assets of an affiliated Printco entity which are used
     in Printco's business, pursuant to a Purchase Agreement (the
     "Purchase Agreement"), dated as of October 1, 1996, among
     Treasure Chest, all of the stockholders of Printco and Park
     Properties, a Michigan general partnership.  The aggregate
     purchase price for the acquisition of Printco was approximately
     $22.5 million in cash plus the repayment of approximately $17.34
     million of debt and the repayment of approximately $3.0 million
     of the outstanding balance under an existing mortgage with
     respect to the real estate assets.

               Treasure Chest obtained the funds necessary to finance
     the Printco Acquisition from borrowings under a Credit Agreement,
     dated as of November 28, 1995 and amended and restated as of
     March 19, 1996, among the Registrant, Treasure Chest and various
     banks which are parties thereto, including Bank of America NT &
     SA, the Industrial Bank of Japan, Limited and NationsBank, N.A.,
     as Co-Agents, Credit Suisse, as Document Agent, and Bankers Trust
     Company, as Administrative Agent, as further amended by the First
     Amendment to Credit Agreement, dated as of August 22, 1996 (the
     "Credit Agreement").

               Headquartered in Greenville, Michigan, Printco is a
     producer of newspaper advertising inserts, TV listing guides and
     other newspaper products, and offers printing, finishing and pre-
     media services.  Previously a privately-owned company, Printco
     operates two printing facilities located in each of Greenville
     and Niles, Michigan.  The Registrant intends to continue to use
     Printco's assets for the same purpose as used by Printco prior to
     their acquisition.

               The foregoing description of the Printco Acquisition
     does not purport to be complete and is qualified in its entirety
     by reference to the Purchase Agreement, a copy of which is
     attached as an exhibit hereto and is incorporated by reference
     herein in its entirety.

               On October 2, 1996, the Registrant issued a press
     release, a copy of which is attached as an exhibit hereto and is
     incorporated by reference herein in its entirety, announcing the
     consummation of the Printco Acquisition.

               B.   Acquisition of Scanforms, Inc.

               On October 4, 1996, the Registrant consummated the
     acquisition of Scanforms, Inc., a Delaware corporation
     ("Scanforms"), pursuant to an Agreement and Plan of Merger (the
     "Merger Agreement"), dated as of July 31, 1996, by and among the
     Registrant, Scanforms and Scanforms Acquisition Corp., a wholly
     owned, indirect subsidiary of the Registrant ("Merger Sub"),
     whereby Merger Sub was merged with and into Scanforms, with
     Scanforms as the surviving corporation (the "Merger").  In the
     Merger, each outstanding share of Scanforms common stock, par
     value $.01 per share (other than dissenting shares, shares held
     by Scanforms as treasury stock or shares owned by the Registrant,
     Merger Sub or any other subsidiary of the Registrant), was
     converted into the right to receive 0.4423 of a share of the
     Registrant's common stock, par value $.01 per share.  Cash will
     be paid in lieu of fractional shares of Registrant's common
     stock, in an amount determined in accordance with the terms of
     the Merger Agreement.  

               Approximately 1,640,286 shares of Registrant's common
     stock were issued to shareholders of Scanforms in connection with
     the Merger, having an aggregate market value of approximately
     $20,500,000 at the effective time of the Merger.  In connection
     with the Merger, Merger Sub repaid certain indebtedness of
     Scanforms in the aggregate amount of approximately $4.2 million. 
     Merger Sub obtained the funds necessary to repay such
     indebtedness from a loan from Treasure Chest.  Treasure Chest
     obtained the funds from borrowings under the Credit Agreement.

               Scanforms is a full-service provider of direct mail
     advertising with in-house forms manufacturing, laser and impact
     computer personalization, bindery and mailing services. 
     Scanforms' special capabilities include up to ten color web
     heatset four color process printing, hot foil stamping and
     embossing, die cutting, pressure sensitive labeling, tipped on
     plastic and paper cards and remoist gluing.  Scanforms' plant and
     principal executive offices are located in Bristol, Pennsylvania. 
     The Registrant intends to continue to use Scanforms' assets for
     the same purpose as used by Scanforms prior to the Merger.

               The foregoing description of the Merger does not
     purport to be complete and is qualified in its entirety by
     reference to the Merger Agreement incorporated herein by
     reference to Annex I to the Proxy Statement/Prospectus dated
     September 6, 1996, forming part of the Registration Statement of
     Form S-4 (Registration No. 333-11225) of the Registrant.

               On October 7, 1996, the Registrant issued a press
     release, a copy of which is attached as an exhibit hereto and is
     incorporated by reference herein in its entirety, announcing the
     consummation of the Merger.

               C.   Acquisition of Pacific Color Connection, Inc.

               On October 7, 1996, Laser Tech Color, Inc., a Delaware
     corporation and a wholly owned subsidiary of the Registrant
     ("Laser Tech"), consummated the acquisition (the "Pacific Color
     Acquisition") of Pacific Color Connection, Inc., a California
     corporation ("Pacific Color"), pursuant to a Stock Purchase
     Agreement (the "Stock Purchase Agreement"), dated as of October
     1, 1996.  The aggregate purchase price for the acquisition of
     Printco was $20 million in cash, subject to a post-closing
     adjustment.

               The funds necessary to finance the Pacific Color
     Acquisition were obtained from borrowings under the Credit
     Agreement.

               Pacific Color, previously a privately-owned company,
     offers digital premedia services for the advertising and retail
     industries.  Earlier this year, Pacific Color launched two new
     businesses, Innerlogic, an internet group, and Big Color, a large
     format advertising products group which services the outdoor
     advertising industry.  Pacific Color has three locations in
     California, servicing the Los Angeles, San Francisco and San
     Diego advertising markets.  The Registrant intends to continue to
     use Pacific Color's assets for the same purpose as used by
     Pacific Color prior to their acquisition.

               The foregoing description of the Pacific Color
     Acquisition does not purport to be complete and is qualified in
     its entirety by reference to the Stock Purchase Agreement, a copy
     of which is attached as an exhibit hereto and is incorporated by
     reference herein in its entirety.

               On October 8, 1996, the Registrant issued a press
     release, a copy of which is attached as an exhibit hereto and is
     incorporated by reference herein in its entirety, announcing the
     consummation of the Pacific Color Acquisition.

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

               (a)  Financial Statements of Businesses Acquired.

                    It is impracticable for the Registrant to provide
                    the financial statements required to be filed
                    herewith at the time this report on Form 8-K is
                    filed.  The Registrant expects to file the
                    required financial statements by means of an
                    amendment to this Current Report on Form 8-K as
                    soon as practicable, and in any case not later
                    than November 30, 1996.

               (b)  Pro Forma Financial Information.

                    It is impracticable for the Registrant to provide
                    the pro forma financial information required to be
                    filed herewith at the time this report on Form 8-K
                    is filed.  The Registrant expects to file the
                    required pro forma financial information by means
                    of an amendment to this Current Report on Form 8-K
                    as soon as practicable, and in any case not later
                    than November 30, 1996.

               (c)  Exhibits

                    2.1  Purchase Agreement, dated as of October 1,
                         1996

                    2.2  Agreement and Plan of Merger, dated as of
                         July 31, 1996, by and among the Registrant,
                         Scanforms, Inc. and Scanforms Acquisition
                         Corp.(1)

                    2.3  Stock Purchase Agreement, dated as of October
                         1, 1996

                    99.1 Registrant's press release dated October 2,
                         1996

                    99.2 Registrant's press release dated October 7,
                         1996

                    99.3 Registrant's press release dated October 8,
                         1996

     ------------------------
     (1)  Incorporated by reference to Annex I to the Proxy
          Statement/Prospectus dated September 6, 1996, forming part
          of the Registration Statement of Form S-4 (Registration No.
          333-11225) of 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.

                                   BIG FLOWER PRESS HOLDINGS, INC.

                                   By: /s/ Irene B. Fisher             
                                      ------------------------------
                                      Name:   Irene B. Fisher
                                      Title:  Vice President

     Date:  October 11, 1996



                               EXHIBIT INDEX

     Exhibit
        No.                 Exhibit                                   Page

     2.1       Purchase Agreement, dated as of October 1, 1996

     2.2       Agreement and Plan of Merger, dated as of July 31,
               1996 by and among the Registrant, Scanforms, Inc.
               and Scanforms Acquisition Corp.(1)

     2.3       Stock Purchase Agreement, dated as of October 1, 
               1996

     99.1      Registrant's press release dated October 2, 1996

     99.2      Registrant's press release dated October 7, 1996

     99.3      Registrant's press release dated October 8, 1996



     -------------------------
     (1)  Incorporated by reference to Annex I to the Proxy
          Statement/Prospectus dated September 6, 1996, forming part
          of the Registration Statement of Form S-4 (Registration No.
          333-11225) of the Registrant.
[{"type": "8-K", "sequence": "1", "description": "8-K", "secsgml_size_bytes": 12860}]
{"company-data": {"conformed-name": "BIG FLOWER PRESS HOLDINGS INC", "cik": "0000924146", "assigned-sic": "2750", "irs-number": "133768322", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14084", "film-number": "96642761"}, "business-address": {"street1": "3 E 54TH ST", "street2": "19TH FLR", "city": "NEW YORK", "state": "NY", "zip": "10022", "phone": "2125211600"}, "mail-address": {"street1": "3 E 54TH ST 19TH FLOOR", "city": "NEW YORK", "state": "NY", "zip": "10022"}, "former-company": {"former-conformed-name": "BFP HOLDINGS CORP", "date-changed": "19940527"}}
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

                              OCTOBER 1, 1996
                     (Date of earliest event reported)

                      BIG FLOWER PRESS HOLDINGS, INC.
           (Exact name of Registrant as specified in its charter)

          DELAWARE                1-14084               13-376-8322
   (State of Incorporation)  (Commission File No.)     (IRS Employer
                                                     Identification No.)

                             3 EAST 54TH STREET
                          NEW YORK, NEW YORK 10022
        (Address of principal executive offices, including zip code)

                               (212) 521-1600
            (Registrant's telephone number, including area code)

     Item 2.   Acquisition or Disposition of Assets

               A.   Acquisition of PrintCo., Inc.

               On October 1, 1996, Treasure Chest Advertising Company,
     Inc. ("Treasure Chest"), a Delaware corporation and a wholly
     owned subsidiary of Big Flower Press Holdings, Inc. (the
     "Registrant"), consummated the acquisition (the "Printco
     Acquisition") of all of the outstanding capital stock of
     PrintCo., Inc., a Michigan corporation ("Printco"), and certain
     real estate assets of an affiliated Printco entity which are used
     in Printco's business, pursuant to a Purchase Agreement (the
     "Purchase Agreement"), dated as of October 1, 1996, among
     Treasure Chest, all of the stockholders of Printco and Park
     Properties, a Michigan general partnership.  The aggregate
     purchase price for the acquisition of Printco was approximately
     $22.5 million in cash plus the repayment of approximately $17.34
     million of debt and the repayment of approximately $3.0 million
     of the outstanding balance under an existing mortgage with
     respect to the real estate assets.

               Treasure Chest obtained the funds necessary to finance
     the Printco Acquisition from borrowings under a Credit Agreement,
     dated as of November 28, 1995 and amended and restated as of
     March 19, 1996, among the Registrant, Treasure Chest and various
     banks which are parties thereto, including Bank of America NT &
     SA, the Industrial Bank of Japan, Limited and NationsBank, N.A.,
     as Co-Agents, Credit Suisse, as Document Agent, and Bankers Trust
     Company, as Administrative Agent, as further amended by the First
     Amendment to Credit Agreement, dated as of August 22, 1996 (the
     "Credit Agreement").

               Headquartered in Greenville, Michigan, Printco is a
     producer of newspaper advertising inserts, TV listing guides and
     other newspaper products, and offers printing, finishing and pre-
     media services.  Previously a privately-owned company, Printco
     operates two printing facilities located in each of Greenville
     and Niles, Michigan.  The Registrant intends to continue to use
     Printco's assets for the same purpose as used by Printco prior to
     their acquisition.

               The foregoing description of the Printco Acquisition
     does not purport to be complete and is qualified in its entirety
     by reference to the Purchase Agreement, a copy of which is
     attached as an exhibit hereto and is incorporated by reference
     herein in its entirety.

               On October 2, 1996, the Registrant issued a press
     release, a copy of which is attached as an exhibit hereto and is
     incorporated by reference herein in its entirety, announcing the
     consummation of the Printco Acquisition.

               B.   Acquisition of Scanforms, Inc.

               On October 4, 1996, the Registrant consummated the
     acquisition of Scanforms, Inc., a Delaware corporation
     ("Scanforms"), pursuant to an Agreement and Plan of Merger (the
     "Merger Agreement"), dated as of July 31, 1996, by and among the
     Registrant, Scanforms and Scanforms Acquisition Corp., a wholly
     owned, indirect subsidiary of the Registrant ("Merger Sub"),
     whereby Merger Sub was merged with and into Scanforms, with
     Scanforms as the surviving corporation (the "Merger").  In the
     Merger, each outstanding share of Scanforms common stock, par
     value $.01 per share (other than dissenting shares, shares held
     by Scanforms as treasury stock or shares owned by the Registrant,
     Merger Sub or any other subsidiary of the Registrant), was
     converted into the right to receive 0.4423 of a share of the
     Registrant's common stock, par value $.01 per share.  Cash will
     be paid in lieu of fractional shares of Registrant's common
     stock, in an amount determined in accordance with the terms of
     the Merger Agreement.  

               Approximately 1,640,286 shares of Registrant's common
     stock were issued to shareholders of Scanforms in connection with
     the Merger, having an aggregate market value of approximately
     $20,500,000 at the effective time of the Merger.  In connection
     with the Merger, Merger Sub repaid certain indebtedness of
     Scanforms in the aggregate amount of approximately $4.2 million. 
     Merger Sub obtained the funds necessary to repay such
     indebtedness from a loan from Treasure Chest.  Treasure Chest
     obtained the funds from borrowings under the Credit Agreement.

               Scanforms is a full-service provider of direct mail
     advertising with in-house forms manufacturing, laser and impact
     computer personalization, bindery and mailing services. 
     Scanforms' special capabilities include up to ten color web
     heatset four color process printing, hot foil stamping and
     embossing, die cutting, pressure sensitive labeling, tipped on
     plastic and paper cards and remoist gluing.  Scanforms' plant and
     principal executive offices are located in Bristol, Pennsylvania. 
     The Registrant intends to continue to use Scanforms' assets for
     the same purpose as used by Scanforms prior to the Merger.

               The foregoing description of the Merger does not
     purport to be complete and is qualified in its entirety by
     reference to the Merger Agreement incorporated herein by
     reference to Annex I to the Proxy Statement/Prospectus dated
     September 6, 1996, forming part of the Registration Statement of
     Form S-4 (Registration No. 333-11225) of the Registrant.

               On October 7, 1996, the Registrant issued a press
     release, a copy of which is attached as an exhibit hereto and is
     incorporated by reference herein in its entirety, announcing the
     consummation of the Merger.

               C.   Acquisition of Pacific Color Connection, Inc.

               On October 7, 1996, Laser Tech Color, Inc., a Delaware
     corporation and a wholly owned subsidiary of the Registrant
     ("Laser Tech"), consummated the acquisition (the "Pacific Color
     Acquisition") of Pacific Color Connection, Inc., a California
     corporation ("Pacific Color"), pursuant to a Stock Purchase
     Agreement (the "Stock Purchase Agreement"), dated as of October
     1, 1996.  The aggregate purchase price for the acquisition of
     Printco was $20 million in cash, subject to a post-closing
     adjustment.

               The funds necessary to finance the Pacific Color
     Acquisition were obtained from borrowings under the Credit
     Agreement.

               Pacific Color, previously a privately-owned company,
     offers digital premedia services for the advertising and retail
     industries.  Earlier this year, Pacific Color launched two new
     businesses, Innerlogic, an internet group, and Big Color, a large
     format advertising products group which services the outdoor
     advertising industry.  Pacific Color has three locations in
     California, servicing the Los Angeles, San Francisco and San
     Diego advertising markets.  The Registrant intends to continue to
     use Pacific Color's assets for the same purpose as used by
     Pacific Color prior to their acquisition.

               The foregoing description of the Pacific Color
     Acquisition does not purport to be complete and is qualified in
     its entirety by reference to the Stock Purchase Agreement, a copy
     of which is attached as an exhibit hereto and is incorporated by
     reference herein in its entirety.

               On October 8, 1996, the Registrant issued a press
     release, a copy of which is attached as an exhibit hereto and is
     incorporated by reference herein in its entirety, announcing the
     consummation of the Pacific Color Acquisition.

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

               (a)  Financial Statements of Businesses Acquired.

                    It is impracticable for the Registrant to provide
                    the financial statements required to be filed
                    herewith at the time this report on Form 8-K is
                    filed.  The Registrant expects to file the
                    required financial statements by means of an
                    amendment to this Current Report on Form 8-K as
                    soon as practicable, and in any case not later
                    than November 30, 1996.

               (b)  Pro Forma Financial Information.

                    It is impracticable for the Registrant to provide
                    the pro forma financial information required to be
                    filed herewith at the time this report on Form 8-K
                    is filed.  The Registrant expects to file the
                    required pro forma financial information by means
                    of an amendment to this Current Report on Form 8-K
                    as soon as practicable, and in any case not later
                    than November 30, 1996.

               (c)  Exhibits

                    2.1  Purchase Agreement, dated as of October 1,
                         1996

                    2.2  Agreement and Plan of Merger, dated as of
                         July 31, 1996, by and among the Registrant,
                         Scanforms, Inc. and Scanforms Acquisition
                         Corp.(1)

                    2.3  Stock Purchase Agreement, dated as of October
                         1, 1996

                    99.1 Registrant's press release dated October 2,
                         1996

                    99.2 Registrant's press release dated October 7,
                         1996

                    99.3 Registrant's press release dated October 8,
                         1996

     ------------------------
     (1)  Incorporated by reference to Annex I to the Proxy
          Statement/Prospectus dated September 6, 1996, forming part
          of the Registration Statement of Form S-4 (Registration No.
          333-11225) of 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.

                                   BIG FLOWER PRESS HOLDINGS, INC.

                                   By: /s/ Irene B. Fisher             
                                      ------------------------------
                                      Name:   Irene B. Fisher
                                      Title:  Vice President

     Date:  October 11, 1996

                               EXHIBIT INDEX

     Exhibit
        No.                 Exhibit                                   Page

     2.1       Purchase Agreement, dated as of October 1, 1996

     2.2       Agreement and Plan of Merger, dated as of July 31,
               1996 by and among the Registrant, Scanforms, Inc.
               and Scanforms Acquisition Corp.(1)

     2.3       Stock Purchase Agreement, dated as of October 1, 
               1996

     99.1      Registrant's press release dated October 2, 1996

     99.2      Registrant's press release dated October 7, 1996

     99.3      Registrant's press release dated October 8, 1996

     -------------------------
     (1)  Incorporated by reference to Annex I to the Proxy
          Statement/Prospectus dated September 6, 1996, forming part
          of the Registration Statement of Form S-4 (Registration No.
          333-11225) of the Registrant.