content: 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):  February 18, 2000
  
  
  
                          TRANSFINANCIAL HOLDINGS, INC.
                   (Exact name of registrant as specified in its charter)
  
  
  
  Delaware                        1-12070                46-0278762
  (State or other jurisdiction  (Commission            (I. R. S. Employer
      of incorporation           File Number)           Identification No.)
  
  
  8245 Nieman Road, Suite 100
  Lenexa, KS                                          66214
  (Address of principal executive offices)          (Zip Code)
  
  
  
  Registrant's telephone number, including area code: 913-859-0055
  
  
                                Not Applicable
  
           (Former name or former address, if changed since last report)
  
  
  
  Item 5.  Other Information
  
       On February 18, 2000, TransFinancial Holdings, Inc. (the "Company")
  announced that COLA Acquisitions, Inc. had notified the Company that its bank
  financing necessary to consummate the proposed merger between COLA and the
  Company had been withdrawn as a consequence of the Company's 1999 fourth quarter
  and annual operating results. As a result of the notification, on February 18,
  2000, COLA and the Company agreed to terminate the Merger Agreement dated
  October 19, 1999 between COLA and the Company. The receipt of financing by COLA
  was a condition to the consummation of the merger.
  
  
  Item 7.  Financial Statements and Exhibits
  
  
       (c)  Exhibits
  
        2.1 Letter Agreement dated February 18, 2000 between COLA Acquisitions,
            Inc. and the Company
  
       99.1 Press Release of the Company dated February 18, 2000
  
  
  
  
  
  
                                     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.
  
                                TRANSFINANCIAL HOLDINGS, INC.
  
  
  
  Date:  February 22, 2000           By:   \s\ Timothy P. O'Neil
  
                                       Timothy P. O'Neil
                                        President
  
  
  
  
                                   EXHIBIT INDEX
  
  
  Assigned
  Exhibit
  Number                   Description of Exhibit
  
  
  
  
      2.1     Letter Agreement dated February 18, 2000 between COLA Acquisitions,
            Inc. and the Company
  
  
      99.1       Press Release of the Company dated February 18, 2000
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metadata_filer: {"company-data": {"conformed-name": "TRANSFINANCIAL HOLDINGS INC", "cik": "0000719271", "assigned-sic": "4213", "irs-number": "460278762", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-12070", "film-number": "550021"}, "business-address": {"street1": "8245 NIEMAN ROAD, STE 100", "street2": "SUITE 100", "city": "LENEXA", "state": "KS", "zip": "66214", "phone": "9138590055"}, "mail-address": {"street1": "8245 NIEMAN ROAD", "street2": "SUITE 100", "city": "LENEXA", "state": "KS", "zip": "66214"}, "former-company": [{"former-conformed-name": "ANUHCO INC", "date-changed": "19920703"}, {"former-conformed-name": "AMERICAN CARRIERS INC", "date-changed": "19910812"}]}
text: 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):  February 18, 2000
  
                          TRANSFINANCIAL HOLDINGS, INC.
                   (Exact name of registrant as specified in its charter)
  
  Delaware                        1-12070                46-0278762
  (State or other jurisdiction  (Commission            (I. R. S. Employer
      of incorporation           File Number)           Identification No.)
  
  8245 Nieman Road, Suite 100
  Lenexa, KS                                          66214
  (Address of principal executive offices)          (Zip Code)
  
  Registrant's telephone number, including area code: 913-859-0055
  
                                Not Applicable
  
           (Former name or former address, if changed since last report)
  
  Item 5.  Other Information
  
       On February 18, 2000, TransFinancial Holdings, Inc. (the "Company")
  announced that COLA Acquisitions, Inc. had notified the Company that its bank
  financing necessary to consummate the proposed merger between COLA and the
  Company had been withdrawn as a consequence of the Company's 1999 fourth quarter
  and annual operating results. As a result of the notification, on February 18,
  2000, COLA and the Company agreed to terminate the Merger Agreement dated
  October 19, 1999 between COLA and the Company. The receipt of financing by COLA
  was a condition to the consummation of the merger.
  
  Item 7.  Financial Statements and Exhibits
  
       (c)  Exhibits
  
        2.1 Letter Agreement dated February 18, 2000 between COLA Acquisitions,
            Inc. and the Company
  
       99.1 Press Release of the Company dated February 18, 2000
  
                                     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.
  
                                TRANSFINANCIAL HOLDINGS, INC.
  
  Date:  February 22, 2000           By:   \s\ Timothy P. O'Neil
  
                                       Timothy P. O'Neil
                                        President
  
                                   EXHIBIT INDEX
  
  Assigned
  Exhibit
  Number                   Description of Exhibit
  
      2.1     Letter Agreement dated February 18, 2000 between COLA Acquisitions,
            Inc. and the Company
  
      99.1       Press Release of the Company dated February 18, 2000