-----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, FeHYPXVDYVgChFZzfJ5N/zq/VBdHMC0ulVrbdNQJdobhGVy01RFwKPti86jFnbYv TkEpuCnefhSSHU8xKACa7Q== 0000950123-06-013845.txt : 20061109 0000950123-06-013845.hdr.sgml : 20061109 20061109152224 ACCESSION NUMBER: 0000950123-06-013845 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20061109 DATE AS OF CHANGE: 20061109 GROUP MEMBERS: ABRY MEZZANINE HOLDINGS LLC GROUP MEMBERS: ABRY MEZZANINE INVESTORS LP GROUP MEMBERS: ROYCE YUDKOFF SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PENTON MEDIA INC CENTRAL INDEX KEY: 0001062441 STANDARD INDUSTRIAL CLASSIFICATION: PERIODICALS: PUBLISHING OR PUBLISHING AND PRINTING [2721] IRS NUMBER: 362875386 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54477 FILM NUMBER: 061201771 BUSINESS ADDRESS: STREET 1: 1300 EAST NINTH STREET CITY: CLEVELAND STATE: OH ZIP: 44114 BUSINESS PHONE: 2166967000 MAIL ADDRESS: STREET 1: 1300 EAST NINTH STREET CITY: CLEVELAND STATE: OH ZIP: 44114 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ABRY MEZZANINE PARTNERS LP CENTRAL INDEX KEY: 0001164116 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 111 HUNTINGTON AVENUE STREET 2: 30TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 617-859-2959 MAIL ADDRESS: STREET 1: 111 HUNTINGTON AVE, 30TH FL CITY: BOSTON STATE: MA ZIP: 02199 SC 13D/A 1 y27066sc13dza.txt SC 13D/A ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* PENTON MEDIA, INC ----------------- (Name of Issuer) Common Stock, par value $0.01 per share --------------------------------------- (Title of Class of Securities) 709669 10 7 -------------- (CUSIP Number) Peni Garber ABRY Mezzanine Partners, L.P. c/o ABRY Partners, LLC 111 Huntington Avenue, 30th Floor Boston, MA 02199 Telephone: (617) 859-2959 ------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) ----------------------- COPY TO: Joshua N. Korff, Esq. Kirkland & Ellis LLP Citigroup Center 153 East 53rd Street New York, NY 10022 212-446-4800 November 1, 2006 ------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. |_| Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). ================================================================================ CUSIP No. 709668 10 7 ------------------------------------------------------------------------ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). ABRY Mezzanine Partners, L.P. ------------------------------------------------------------------------ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (A) (B) |X| ------------------------------------------------------------------------ 3. SEC Use Only ------------------------------------------------------------------------ 4. Source of Funds (See Instructions) WC ------------------------------------------------------------------------ 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ------------------------------------------------------------------------ 6. Citizenship or Place of Organization Delaware ------------------------------------------------------------------------ 7. Sole Voting Power Number None Shares --------------------------------------------------------- Beneficially 8. Shared Voting Power Owned by 4,902,181 Each --------------------------------------------------------- Reporting 9. Sole Dispositive Power Person None --------------------------------------------------------- 10. Shared Dispositive Power 4,902,181 ------------------------------------------------------------------------ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 4,902,181 ------------------------------------------------------------------------ 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ------------------------------------------------------------------------ 13. Percent of Class Represented by Amount in Row (11) 13.3% ------------------------------------------------------------------------ 14. Type of Reporting Person (See Instructions) PN ------------------------------------------------------------------------ 2 CUSIP No. 709668 10 7 ------------------------------------------------------------------------ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). ABRY Mezzanine Investors, L.P. ------------------------------------------------------------------------ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (A) (B) |X| ------------------------------------------------------------------------ 3. SEC Use Only ------------------------------------------------------------------------ 4. Source of Funds (See Instructions) Not Applicable. ------------------------------------------------------------------------ 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ------------------------------------------------------------------------ 6. Citizenship or Place of Organization Delaware ------------------------------------------------------------------------ 7. Sole Voting Power Number None Shares --------------------------------------------------------- Beneficially 8. Shared Voting Power Owned by 4,902,181 Each --------------------------------------------------------- Reporting 9. Sole Dispositive Power Person None --------------------------------------------------------- 10. Shared Dispositive Power 4,902,181 ------------------------------------------------------------------------ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 4,902,181 ------------------------------------------------------------------------ 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ------------------------------------------------------------------------ 13. Percent of Class Represented by Amount in Row (11) 13.3% ------------------------------------------------------------------------ 14. Type of Reporting Person (See Instructions) PN ------------------------------------------------------------------------ 3 CUSIP No. 709668 10 7 ------------------------------------------------------------------------ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). ABRY Mezzanine Holdings, LLC ------------------------------------------------------------------------ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (A) (B) |X} ------------------------------------------------------------------------ 3. SEC Use Only ------------------------------------------------------------------------ 4. Source of Funds (See Instructions) Not Applicable. ------------------------------------------------------------------------ 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ------------------------------------------------------------------------ 6. Citizenship or Place of Organization Delaware ------------------------------------------------------------------------ 7. Sole Voting Power Number None Shares --------------------------------------------------------- Beneficially 8. Shared Voting Power Owned by 4,902,181 Each --------------------------------------------------------- Reporting 9. Sole Dispositive Power Person None --------------------------------------------------------- 10. Shared Dispositive Power 4,902,181 ------------------------------------------------------------------------ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 4,902,181 ------------------------------------------------------------------------ 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ------------------------------------------------------------------------ 13. Percent of Class Represented by Amount in Row (11) 13.3% ------------------------------------------------------------------------ 14. Type of Reporting Person (See Instructions) OO ------------------------------------------------------------------------ 4 CUSIP No. 709668 10 7 ------------------------------------------------------------------------ 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). Royce Yudkoff ------------------------------------------------------------------------ 2. Check the Appropriate Box if a Member of a Group (See Instructions) (A) (B) |X} ------------------------------------------------------------------------ 3. SEC Use Only ------------------------------------------------------------------------ 4. Source of Funds (See Instructions) Not Applicable. ------------------------------------------------------------------------ 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) ------------------------------------------------------------------------ 6. Citizenship or Place of Organization United States ------------------------------------------------------------------------ 7. Sole Voting Power Number None Shares --------------------------------------------------------- Beneficially 8. Shared Voting Power Owned by 4,902,181 Each --------------------------------------------------------- Reporting 9. Sole Dispositive Power Person None --------------------------------------------------------- 10. Shared Dispositive Power 4,902,181 ------------------------------------------------------------------------ 11. Aggregate Amount Beneficially Owned by Each Reporting Person 4,902,181 ------------------------------------------------------------------------ 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ------------------------------------------------------------------------ 13. Percent of Class Represented by Amount in Row (11) 13.3% ------------------------------------------------------------------------ 14. Type of Reporting Person (See Instructions) IN ------------------------------------------------------------------------ 5 ================================================================================ This Amendment No. 2 to Schedule 13D (this "STATEMENT") relates to the common stock, par value $0.01 per share (the "COMMON STOCK"), of Penton Media, Inc. (the "ISSUER"). This Statement supplementally amends the initial statement on Schedule 13D, filed on March 19, 2002 (the "INITIAL STATEMENT"), as amended by Amendment No. 1 to the Initial Statement, filed on August 1, 2006 (the "First Amendment"), by ABRY Mezzanine Partners, L.P., a Delaware limited partnership, ABRY Mezzanine Investors, L.P., a Delaware limited partnership, ABRY Mezzanine Holdings, LLC, a Delaware limited liability company and Royce Yudkoff, an individual resident of the state of Massachusetts (collectively, the "REPORTING PERSONS"). ITEM 4. PURPOSE OF TRANSACTIONS. Item 4 is hereby amended by adding the following: On November 1, 2006, the Issuer entered into an Agreement and Plan of Merger (the "Prism Merger Agreement") with Prism Business Media Holdings, Inc., a Delaware corporation ("Parent"), and Prism Acquisition Co., a Delaware corporation and a direct wholly-owned subsidiary of Parent ("Merger Subsidiary"). Pursuant to the Prism Merger Agreement, (i) Merger Subsidiary will merge with and into the Issuer (the "Prism Merger"), (ii) the separate corporate existence of Merger Sub shall cease and the Issuer shall continue its corporate existence under Delaware law as the surviving corporation (the "Surviving Corporation") and shall become a wholly-owned subsidiary of Parent, (iii) each share of Common Stock, par value $0.01 per share, of the Issuer ("Issuer Common Stock") issued and outstanding, other than any shares of Issuer Common Stock owned by the Issuer or any of its wholly-owned subsidiaries, by Parent or any of its wholly-owned subsidiaries or by dissenting stockholders that properly exercise appraisal rights, or Issuer Common Stock to be cancelled, shall be converted into the right to receive the Common Stock Per Share Merger Consideration, as defined in the Prism Merger Agreement, (iv) each share of Series C Preferred Stock, par value $0.01 per share, of the Issuer (the "Series C Preferred Stock") issued and outstanding, other than any shares of Series C Preferred Stock owned by the Issuer or any of its wholly-owned subsidiaries, by Parent or any of its wholly-owned subsidiaries or by dissenting stockholders that properly exercise appraisal rights, or Series C Preferred Stock to be cancelled, shall be converted into the right to receive an amount in cash, without interest, equal to the Series C Preferred Stock Per Share Merger Consideration, as defined in the Prism Merger Agreement, (v) each share of Series M Preferred Stock, par value $0.01 per share, of the Issuer (the "Series M Preferred Stock") issued and outstanding, other than any shares of Series M Preferred Stock owned by the Issuer or any of its wholly-owned subsidiaries, by Parent or any of its wholly-owned subsidiaries or by dissenting stockholders that properly exercise appraisal rights, or Series M Preferred Stock to be cancelled, shall be converted into the right to receive an amount in cash, without interest, equal to the Series M Preferred Stock Per Share Merger Consideration, as defined in the Prism Merger Agreement. As a condition to the willingness of Parent and Merger Subsidiary to enter into the Prism Merger Agreement, Parent and Merger Subsidiary required ABRY Mezzanine Partners, L.P., ABACUS Fund Partners, LP, ABACUS Fund, Ltd., Sandler Capital Partners V Germany, L.P., Sandler Capital Partners V FTE, L.P. and Sandler Capital Partners V, L.P. (each individually a "Stockholder", and collectively the "Stockholders") to enter into a voting agreement (the "Voting Agreement"). Pursuant to the Voting Agreement, the Stockholders agreed to vote (or cause to be voted) all shares of Issuer capital stock held by them and any shares of Issuer capital stock that may be acquired after the date of the Voting Agreement (the "Covered Shares") in favor of the Prism Merger, the Prism Merger Agreement and the transactions contemplated by the Prism Merger Agreement and against any extraordinary corporate transaction, other than the Prism Merger, such as a merger, consolidation, 6 business combination, tender or exchange offer, reorganization, recapitalization, liquidation, sale or transfer of all or substantially all of the assets or securities of the Issuer and any of is subsidiaries, other than pursuant to the Prism Merger, or any other acquisition proposal. As part of the Voting Agreement, the Stockholders entered into an irrevocable proxy appointing Parent and certain of its officers or designees as the sole and exclusive attorneys and proxies of each Stockholder to vote and exercise all voting and related rights with respect to all of the shares of Issuer capital stock that now are or hereafter may be beneficially owned by the Stockholders. Pursuant to the Voting Agreement, the Stockholders are prohibited from transferring any shares of Issuer capital stock. The Voting Agreement and the irrevocable proxies will expire upon the earliest to occur of (i) the effective time of the Prism Merger, (ii) the date on which the Prism Merger Agreement is terminated pursuant to its terms (iii) April 30, 2007 and (iv) written notice of termination of the Voting Agreement by Parent to the Stockholders. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. Item 5 is hereby amended by adding the following thereto: By virtue of the Voting Agreement, the Reporting Persons may be deemed to share dispositive power and voting power of the Issuer Common Stock held by them with Parent and Merger Sub. The numbers of shares and percentages reported on the cover pages of this Second Amendment have not been updated since September 30, 2006 to give effect to the accrual of additional dividends on the Series C Preferred Stock, the numbers do reflect the accrual of additional dividends on the Series C Preferred Stock up through September 30, 2006. As dividends on the Series C Preferred Stock accrue but are not paid, the actual number of shares of Issuer Common Stock into which the Series C Preferred Stock is convertible and the voting power of the Issuer represented by such shares, will increase accordingly. Each of the Reporting Persons expressly disclaims beneficial ownership of any Issuer Common Stock held by any other person to the extent that the Reporting Person does not hold a pecuniary interest therein. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. The responses to Item 4 of this Amendment and the Exhibit to this Amendment are incorporated herein by this reference. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Item 7 is hereby amended by adding the following thereto: Exhibit 10: Voting Agreement, dated as of November 1, 2006, by and among ABRY Mezzanine Partners, L.P., ABACUS Fund Partners, LP, ABACUS Fund, Ltd., Sandler Capital Partners V Germany, L.P., Sandler Capital Partners V FTE, L.P. and Sandler Capital Partners V, L.P., Prism Business Media Holdings, Inc., a Delaware corporation and Prism Acquisition Co., a Delaware corporation and wholly-owned subsidiary of Parent (incorporated by reference to Exhibit 99.1 to the Current Report on Form 8-K of Penton Media, Inc. filed with the Securities and Exchange Commission on November 2, 2006). 7 SIGNATURES After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct. Dated as of November 9, 2006 ABRY MEZZANINE PARTNERS, L.P. ABRY MEZZANINE INVESTORS, L.P. ABRY MEZZANINE HOLDINGS, LLC ROYCE YUDKOFF /s/ Peni Garber --------------------------------------- By: Peni Garber Title: Attorney-in-fact for each of the Reporting Persons 8 -----END PRIVACY-ENHANCED MESSAGE-----