0001144204-13-037314.txt : 20130701 0001144204-13-037314.hdr.sgml : 20130701 20130628192207 ACCESSION NUMBER: 0001144204-13-037314 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20130701 DATE AS OF CHANGE: 20130628 GROUP MEMBERS: ALEX MERUELO GROUP MEMBERS: MERUELO INVESTMENT PARTNERS LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Digital Generation, Inc. CENTRAL INDEX KEY: 0000934448 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 943140772 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-49603 FILM NUMBER: 13942276 BUSINESS ADDRESS: STREET 1: 750 WEST JOHN CARPENTER FREEWAY STREET 2: SUITE 700 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 972 581 2000 MAIL ADDRESS: STREET 1: 750 WEST JOHN CARPENTER FREEWAY STREET 2: SUITE 700 CITY: IRVING STATE: TX ZIP: 75039 FORMER COMPANY: FORMER CONFORMED NAME: DG FastChannel, Inc DATE OF NAME CHANGE: 20060927 FORMER COMPANY: FORMER CONFORMED NAME: DIGITAL GENERATION SYSTEMS INC DATE OF NAME CHANGE: 19951214 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Meruelo Alex Living Trust CENTRAL INDEX KEY: 0001372647 IRS NUMBER: 000000000 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 9550 FIRESTONE BLVD. STREET 2: SUITE 105 CITY: DOWNEY STATE: CA ZIP: 90241 BUSINESS PHONE: 214-651-5291 MAIL ADDRESS: STREET 1: 9550 FIRESTONE BLVD. STREET 2: SUITE 105 CITY: DOWNEY STATE: CA ZIP: 90241 SC 13D/A 1 v348988_sc13da.htm SC 13D/A

 

United States

Securities and Exchange Commission

Washington, D.C. 20549

 

SCHEDULE 13D

 

Under the Securities Exchange Act of 1934

(Amendment No. 2)

 

Digital Generation, Inc.

 

 

(Name of Issuer)

 

Common Stock

 

 

(Title of Class of Securities)

 

25400B108

 

 

(CUSIP Number)

 

Mario A. Tapanes

Meruelo Investment Partners LLC

9550 Firestone Blvd., Suite 105

Downey, California 90241

(562) 745-2355

 

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

June 28, 2013

 

 

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 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).

 

 

  Page 1 of 8 Pages  

 

 
 

 

Filing - Filing Date: Schedule 13D/A-2 – June 28, 2013
Reporting Persons: Alex Meruelo Living Trust, Meruelo Investment Partners LLC, and Alex Meruelo
Issuer - Securities: Digital Generation, Inc. - Common Stock

 

CUSIP No. 25400B108

 

1. Names of Reporting Persons.

 

Alex Meruelo Living Trust

 

2. Check the Appropriate Box if a Member of a Group (See Instructions)

(a) o

(b) ý

 

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) o

 

6. Citizenship or Place of Organization

 

California

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7. Sole Voting Power

 

0

 

8. Shared Voting Power

 

0

 

9. Sole Dispositive Power

 

0

 

10. Shared Dispositive Power

 

0

 

11. Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

 

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o

 

13. Percent of Class Represented by Amount in Row (11)

 

0.0%

 

14. Type of Reporting Person (See Instructions)

 

OO

 

 

 

  Page 2 of 8 Pages  

 

 
 

 

Filing - Filing Date: Schedule 13D/A-2 – June 28, 2013
Reporting Persons: Alex Meruelo Living Trust, Meruelo Investment Partners LLC, and Alex Meruelo
Issuer - Securities: Digital Generation, Inc. - Common Stock

 

CUSIP No. 25400B108

 

1. Names of Reporting Persons.

 

Meruelo Investment Partners LLC

 

2. Check the Appropriate Box if a Member of a Group (See Instructions)

(a) o

(b) ý

 

3. SEC Use Only

 

4. Source of Funds (See Instructions)

 

AF

 

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o

 

6. Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7. Sole Voting Power

 

4,023,570

 

8. Shared Voting Power

 

0

 

9. Sole Dispositive Power

 

4,023,570

 

10. Shared Dispositive Power

 

0

 

11. Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,023,570

 

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o

 

13. Percent of Class Represented by Amount in Row (11)

 

14.5%

 

14. Type of Reporting Person (See Instructions)

 

OO

 

 

 

  Page 3 of 8 Pages  

 

 
 

 

Filing - Filing Date: Schedule 13D/A-2 – June 28, 2013
Reporting Persons: Alex Meruelo Living Trust, Meruelo Investment Partners LLC, and Alex Meruelo
Issuer - Securities: Digital Generation, Inc. - Common Stock

 

CUSIP No. 25400B108

 

1. Names of Reporting Persons.

 

Alex Meruelo

 

2. Check the Appropriate Box if a Member of a Group (See Instructions)

(a) o

(b) ý

 

3. SEC Use Only

 

4. Source of Funds (See Instructions)

 

AF

 

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o

 

6. Citizenship or Place of Organization

 

United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7. Sole Voting Power

 

4,023,570

 

8. Shared Voting Power

 

0

 

9. Sole Dispositive Power

 

4,023,570

 

10. Shared Dispositive Power

 

0

 

11. Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,023,570

 

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o

 

13. Percent of Class Represented by Amount in Row (11)

 

14.5%

 

14. Type of Reporting Person (See Instructions)

 

IN/HC

 

 

  Page 4 of 8 Pages  

 

 
 

 

Filing - Filing Date: Schedule 13D/A-2 – June 28, 2013
Reporting Persons: Alex Meruelo Living Trust, Meruelo Investment Partners LLC, and Alex Meruelo
Issuer - Securities: Digital Generation, Inc. - Common Stock

 

Introduction

 

This Amendment No. 2 ("Amendment No. 2") is jointly filed by and on behalf of Alex Meruelo Living Trust ("Meruelo Trust"), Meruelo Investment Partners LLC ("Meruelo Partners"), and Alex Meruelo to amend the Schedule 13D filed with the Securities and Exchange Commission (“Commission”) on August 20, 2012 ("Original Schedule 13D") as amended by Amendment No. 1 to the Original Schedule 13D filed with the Commission on December 6, 2012 (“Amendment No. 1” and together with the Original Schedule 13D, the “Existing Schedule 13D”, and collectively with this Amendment No. 2, the “Schedule 13D” or "statement") with respect to the subject class of securities. Each term used and not otherwise defined in this Amendment No. 2 shall have the meaning assigned to such term in the Existing Schedule 13D. Except as otherwise provided hereby, each Item of the Existing Schedule 13D remains unchanged.

 

Item 3. Source and Amount of Funds or Other Consideration.

 

Item 3 of the Schedule 13D is hereby amended and supplemented as follows:

 

"The securities covered by this statement as of June 28, 2013 were acquired by purchase pursuant to open market transactions using funds in the amount of approximately $34,514,984.49 of or from the sources stated in Item 6 of the cover pages hereto, as applicable, including working capital of persons or accounts advised or managed by Meruelo Partners."

 

 

Item 5. Interest in Securities of the Issuer.

 

Item 5(c) of the Existing Schedule 13D is hereby amended and restated in its entirety as follows:

 

"(c) Transactions in the class of securities reported on that were effected during the past sixty days or since the most recent filing of Schedule 13D, whichever is less, by each reporting person are described in Exhibit 99.1 hereto. Except as described in Exhibit 99.1 hereto or otherwise herein, no transactions in the class of securities reported on were effected during the past sixty days or since the most recent filing of Schedule 13D, whichever is less, by any reporting person. The information required to be provided by Item 5(c) of Schedule 13D in this statement is provided in Exhibit 99.1 hereto or otherwise herein. The information in Exhibit 99.1 hereto and each other Item herein is incorporated by reference in answer or partial answer to this Item."

 

 

Remainder of Page Intentionally Left Blank. Signature Page(s) to Follow.

 

  Page 5 of 8 Pages  

  

 
 

 

Filing - Filing Date: Schedule 13D/A-2 – June 28, 2013
Reporting Persons: Alex Meruelo Living Trust, Meruelo Investment Partners LLC, and Alex Meruelo
Issuer - Securities: Digital Generation, Inc. - Common Stock

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

  Alex Meruelo Living Trust  
       
       
Date: June 28, 2013 By: /s/ Alex Meruelo  
  Name: Alex Meruelo  
  Title: Trustee  
       
       
  Meruelo Investment Partners LLC  
       
       
Date: June 28, 2013 By: /s/ Alex Meruelo  
  Name: Alex Meruelo  
  Title: Chief Executive Officer  
       
       
  Alex Meruelo  
       
       
Date: June 28, 2013 By: /s/ Alex Meruelo  
  Name:   Alex Meruelo  

 

Remainder of Page Intentionally Left Blank. Exhibit Index to Follow.

 

 

  Page 6 of 8 Pages  

 

 
 

 

Filing - Filing Date: Schedule 13D/A-2 – June 28, 2013
Reporting Persons: Alex Meruelo Living Trust, Meruelo Investment Partners LLC, and Alex Meruelo
Issuer - Securities: Digital Generation, Inc. - Common Stock

 

Exhibit Index

 

Exhibit
Reference   Description
99.1   Transaction Information (furnished herewith)

 

Remainder of Page Intentionally Left Blank. Exhibit(s) to Follow.

 

 

  Page 7 of 8 Pages  

 

 

 

 

EX-99.1 2 v348988_ex99-1.htm EXHIBIT 99.1

 

Filing - Filing Date: Schedule 13D/A-2 – June 28, 2013
Reporting Persons: Alex Meruelo Living Trust, Meruelo Investment Partners LLC, and Alex Meruelo
Issuer - Securities: Digital Generation, Inc. - Common Stock

 

Exhibit 99.1

 

Transaction Information

 

Transaction
Date
  Effecting
Person(s)
  Shares
Acquired
   Shares
Disposed
   Price
Per Share
   Transaction
Description
2013-04-10  Meruelo Partners   171,000    0   $6.2804(1)  Open market purchase
2013-04-10  Meruelo Partners   579,000    0   $6.4439(1)  Open market purchase
2013-04-12  Meruelo Partners   192,614    0   $6.8350(1)  Open market purchase
2013-06-20  Meruelo Partners   250,000    0   $6.5866(1)  Open market purchase
2013-06-21  Meruelo Partners   125,000    0   $6.5045(1)  Open market purchase
2013-06-24  Meruelo Partners   90,000    0   $6.2309(1)  Open market purchase
2013-06-24  (2)   2,000    0   $6.2309(1)  Open market purchase

 

(1)The price reported reflects the weighted average price.
(2)Custodial accounts of which Mr. Meruelo’s spouse is the trustee and his children are beneficiaries.

 

Remainder of Page Intentionally Left Blank.

 

 

Exhibit 99.1