-----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, Gi3rPVYCvxRtB3L6MJGjCSE3BH0+nL58Js1n6om84FZee9GiT91VAbANGyP24mOm X9brq1g9yjofAKC3P8CZOA== 0000950172-04-000444.txt : 20040217 0000950172-04-000444.hdr.sgml : 20040216 20040217144612 ACCESSION NUMBER: 0000950172-04-000444 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040217 GROUP MEMBERS: PBX HOLDINGS, INC. GROUP MEMBERS: PHILIP B. KORSANT SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: YELLOW ROADWAY CORP CENTRAL INDEX KEY: 0000716006 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 480948788 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-36095 FILM NUMBER: 04607502 BUSINESS ADDRESS: STREET 1: ATTN: FINANCIAL REPORTING MANAGER - A415 STREET 2: 10990 ROE AVENUE CITY: OVERLAND PARK STATE: KS ZIP: 66211 BUSINESS PHONE: 9136966100 MAIL ADDRESS: STREET 1: ATTN: FINANCIAL REPORTING MANAGER - A415 STREET 2: 10990 ROE AVENUE CITY: OVERLAND PARK STATE: KS ZIP: 66211 FORMER COMPANY: FORMER CONFORMED NAME: YELLOW CORP DATE OF NAME CHANGE: 19930506 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ZIFF ASSET MANAGEMENT LP CENTRAL INDEX KEY: 0001054458 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 153 EAST 53RD STREET 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2122925900 MAIL ADDRESS: STREET 1: 153 EAST 53RD STREET STREET 2: 43RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 s453799.txt SC 13G - AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ SCHEDULE 13G (RULE 13d-102) INFORMATION TO BE INCLUDED IN THE STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 1)* Yellow Roadway Corporation - ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, Par Value $1.00 Per Share - ------------------------------------------------------------------------------ (Title of Class and Securities) 985577105 ---------------------------------------------------- (CUSIP Number) December 31, 2003 - ------------------------------------------------------------------------------ (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) *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 the disclosures provided in a prior cover page. The information required in 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. 985577105 SCHEDULE 13G - ------------------------------------------------------------------------------ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Ziff Asset Management, L.P. - ------------------------------------------------------------------------------ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions): (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ (3) SEC USE ONLY - ------------------------------------------------------------------------------ (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ (5) SOLE VOTING POWER NUMBER OF SHARES ------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 3,425,400 EACH ------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH ------------------------------------------- (8) SHARED DISPOSITIVE POWER 3,425,400 - ------------------------------------------------------------------------------ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,425,400 - ------------------------------------------------------------------------------ (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] - ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.2% - ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (See Instructions) PN - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ CUSIP No. 985577105 SCHEDULE 13G - ------------------------------------------------------------------------------ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) PBK Holdings, Inc. - ------------------------------------------------------------------------------ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions): (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ (3) SEC USE ONLY - ------------------------------------------------------------------------------ (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ (5) SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 3,425,400 EACH ------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------- (8) SHARED DISPOSITIVE POWER 3,425,400 - ------------------------------------------------------------------------------ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,425,400 - ------------------------------------------------------------------------------ (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] - ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.2% - ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (See Instructions) CO - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ CUSIP No. 985577105 SCHEDULE 13G - ------------------------------------------------------------------------------ (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only) Philip B. Korsant - ------------------------------------------------------------------------------ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions): (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ (3) SEC USE ONLY - ------------------------------------------------------------------------------ (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ------------------------------------------------------------------------------ (5) SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 3,425,400 EACH ------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON 0 WITH ------------------------------------------- (8) SHARED DISPOSITIVE POWER 3,425,400 - ------------------------------------------------------------------------------ (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,425,400 - ------------------------------------------------------------------------------ (10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) [ ] - ------------------------------------------------------------------------------ (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.2% - ------------------------------------------------------------------------------ (12) TYPE OF REPORTING PERSON (See Instructions) IN - ------------------------------------------------------------------------------ Item 1(a). Name of Issuer: Yellow Corporation Item 1(b). Address of Issuer's Principal Executive Offices: 10990 Roe Avenue Overland Park, Kansas 66211 Item 2(a). Name of Persons Filing: This Schedule 13G is being filed on behalf of the following persons ("Reporting Persons")*: (i) Ziff Asset Management, L.P. ("ZAM") (ii) PBK Holdings, Inc. ("PBK Holdings") (iii) Philip B. Korsant ("Korsant") * Attached as Exhibit A is a copy of an agreement among the Reporting Persons stating (as specified hereinabove) that this Schedule 13G is being filed on behalf of each of them. Item 2(b). Address of Principal Business Office or, if None, Residence: Ziff Asset Management, L.P. --------------------------- c/o: PBK Holdings, Inc. 283 Greenwich Avenue Greenwich, CT 06830 PBK Holdings, Inc. ------------------ 283 Greenwich Avenue Greenwich, CT 06830 Philip B. Korsant ----------------- 283 Greenwich Avenue Greenwich, CT 06830 Item 2(c). Citizenship: See Item 4 of the attached cover pages Item 2(d). Title of Class of Securities: Common Stock, par value $1.00 per share Item 2(e). CUSIP Number: 985577105 Item 3. If This Statement is Filed Pursuant to Sections 240.13d-1(b) or 240.13d-2(b), Check Whether the Person Filing is a: Item 3 is not applicable as this Schedule is filed pursuant to Rule 13d-1(c) Item 4. Ownership. (a) Amount Beneficially Owned: See Item 9 of the attached cover pages (b) Percent of Class: See Item 11 of the attached cover pages (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: See Item 5 of the attached cover pages (ii) Shared power to vote or to direct the vote: See Item 6 of the attached cover pages (iii) Sole power to dispose or to direct the disposition of: See Item 7 of the attached cover pages (iv) Shared power to dispose or to direct the disposition of: See Item 8 of the attached cover pages Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 5 is not applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person. PBK Holdings, as the general partner of ZAM, and Korsant, as the sole shareholder of PBK Holdings, may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, securities of the Issuer held in the name of ZAM. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Controlling Person. Item 7 is not applicable Item 8. Identification and Classification of Members of the Group. Item 8 is not applicable Item 9. Notice of Dissolution of Group Item 9 is not applicable Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 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. Date: February 17, 2004 ZIFF ASSET MANAGEMENT, L.P. By: PBK Holdings, Inc., its general partner By: /s/ Frederick H. Fogel ----------------------------------- Name: Frederick H. Fogel Title: Vice President PBK HOLDINGS, INC. By: /s/ Frederick H. Fogel ------------------------------------------ Name: Frederick H. Fogel Title: Vice President PHILIP B. KORSANT /s/ Philip B. Korsant ------------------------------------------------ EXHIBIT A The undersigned, Ziff Asset Management, L.P., a Delaware limited partnership, PBK Holdings, Inc., a Delaware corporation, and Philip B. Korsant, hereby agree and acknowledge that the information required by this Schedule 13G, to which this Agreement is attached as an exhibit, is filed on behalf of each of them. The undersigned further agree that any further amendments or supplements thereto shall also be filed on behalf of each of them. Dated: February 17, 2004 ZIFF ASSET MANAGEMENT, L.P. By: PBK Holdings, Inc., its general partner By: /s/ Frederick H. Fogel ----------------------------------- Name: Frederick H. Fogel Title: Vice President PBK HOLDINGS, INC. By: /s/ Frederick H. Fogel ------------------------------------------- Name: Frederick H. Fogel Title: Vice President PHILIP B. KORSANT /s/ Philip B. Korsant ------------------------------------------------ -----END PRIVACY-ENHANCED MESSAGE-----