0000921530-01-500203.txt : 20011009
0000921530-01-500203.hdr.sgml : 20011009
ACCESSION NUMBER: 0000921530-01-500203
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20010928
GROUP MEMBERS: AP ENTERTAINMENT, LLC
GROUP MEMBERS: APOLLO ADVISORS IV, L.P.
GROUP MEMBERS: APOLLO ADVISORS V, L.P.
GROUP MEMBERS: APOLLO INVESTMENT V, L.P.
GROUP MEMBERS: APOLLO MANAGEMENT IV, L.P.
GROUP MEMBERS: APOLLO MANAGEMENT V, L.P.
GROUP MEMBERS: APOLLO OVERSEAS PARTNERS IV, L
GROUP MEMBERS: APOLLO OVERSEAS PARTNERS V, L.
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: APOLLO INVESTMENT FUND IV LP
CENTRAL INDEX KEY: 0001068331
STANDARD INDUSTRIAL CLASSIFICATION: []
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: TWO MANHATTANVILLE ROAD
CITY: PURCHOSE
STATE: NY
ZIP: 10577
MAIL ADDRESS:
STREET 1: TWO MANHATTANVILLE ROAD
CITY: PURCHASE
STATE: NY
ZIP: 10577
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: AMC ENTERTAINMENT INC
CENTRAL INDEX KEY: 0000722077
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE THEATERS [7830]
IRS NUMBER: 431304369
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0401
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-34911
FILM NUMBER: 1748451
BUSINESS ADDRESS:
STREET 1: 106 WEST 14TH STREET
STREET 2: PO BOX 219615
CITY: KANSAS CITY
STATE: MO
ZIP: 64121-9615
BUSINESS PHONE: 8162214000
MAIL ADDRESS:
STREET 1: 106 WEST 14TH STREET
STREET 2: PO BOX 219615
CITY: KANSAS CITY
STATE: MO
ZIP: 64121-9615
SC 13D/A
1
amc13d2.txt
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 2)*
AMC Entertainment Inc.
-------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.66 2/3 per share
-------------------------------------------------------------------------------
(Title of Class of Securities)
001669 10 0
-------------------------------------------------------------------------------
(CUSIP Number)
Bruce S. Mendelsohn
Akin, Gump, Strauss, Hauer & Feld, L.L.P.
1333 New Hampshire Avenue N.W.
Washington, D.C. 20036
(202) 887-4000
-------------------------------------------------------------------------------
(Name, Address and Telephone Number of
Person Authorized to Receive Notices and Communications
September 13, 2001
-------------------------------------------------------------------------------
(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
ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-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. Seess.240.13d-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.
Continued on the following page(s)
Page 1 of 16 Pages
SCHEDULE 13D
CUSIP No. 001669 10 0 Page 2 of 16 Pages
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
-------------------------------------------------------------------------------
Apollo Investment Fund IV, L.P.
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [X]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
4. Source of Funds
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
6. Citizenship or Place of Organization Delaware
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Number of Shares 7. Sole Voting Power 133,189
Bene-ficially
Owned by Each
Reporting Person
With
------------------- -----------------------------------------------------------
------------------- -----------------------------------------------------------
8. Shared Voting Power 0
(See footnote * below)
------------------- -----------------------------------------------------------
------------------- -----------------------------------------------------------
9. Sole Dispositive Power 133,189
------------------- -----------------------------------------------------------
------------------- -----------------------------------------------------------
10. Shared Dispositive Power 33,339,161
(See Item 5 below)
------------------- -----------------------------------------------------------
-------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
33,472,350 shares of Common Stock (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
63.4% (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
14. Type of Reporting Person PN
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
(*) The Reporting Person together with the other Reporting Persons named herein
may be deemed to beneficially own shares of the Issuer's Series A Preferred
Stock that are convertible into shares of Common Stock as indicated herein,
however, the Reporting Person has agreed pursuant to an Investment Agreement,
dated as of April 19, 2001, by and among the Issuer, the Reporting Person named
on this cover page and certain other persons named in such Investment Agreement,
for a period commencing on the Closing Date and ending on the fifth anniversary
thereof, not to convert such Series A Preferred Stock into Common Stock except
in connection with the disposition of such Common Stock to an unaffiliated third
party. As such, notwithstanding the right of the Reporting Persons to elect
directors as described herein, the Reporting Person has no ability to exercise
voting power with respect to the Common Stock following conversion during such
time period.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13D
CUSIP No. 001669 10 0 Page 3 of 16 Pages
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
-------------------------------------------------------------------------------
Apollo Overseas Partners IV, L.P.
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [X]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
4. Source of Funds
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
6. Citizenship or Place of Organization Cayman Islands
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Number of Shares 7. Sole Voting Power 7,409
Bene-ficially
Owned by Each
Reporting Person
With
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
8. Shared Voting Power 0
(See footnote * below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
9. Sole Dispositive Power 7,409
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
10. Shared Dispositive Power 33,339,161
(See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
33,346,570 shares of Common Stock (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
63.2% (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
14. Type of Reporting Person PN
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
(*) The Reporting Person together with the other Reporting Persons named herein
may be deemed to beneficially own shares of the Issuer's Series A Preferred
Stock that are convertible into shares of Common Stock as indicated herein,
however, the Reporting Person has agreed pursuant to an Investment Agreement,
dated as of April 19, 2001, by and among the Issuer, the Reporting Person named
on this cover page and certain other persons named in such Investment Agreement,
for a period commencing on the Closing Date and ending on the fifth anniversary
thereof, not to convert such Series A Preferred Stock into Common Stock except
in connection with the disposition of such Common Stock to an unaffiliated third
party. As such, notwithstanding the right of the Reporting Persons to elect
directors as described herein, the Reporting Person has no ability to exercise
voting power with respect to the Common Stock following conversion during such
time period.
SCHEDULE 13D
CUSIP No. 001669 10 0 Page 4 of 16 Pages
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
-------------------------------------------------------------------------------
Apollo Advisors IV, L.P.
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [X]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
4. Source of Funds
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
6. Citizenship or Place of Organization Delaware
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Number of Shares 7. Sole Voting Power 0
Bene-ficially
Owned by Each
Reporting Person
With
------------------- -----------------------------------------------------------
------------------- -----------------------------------------------------------
8. Shared Voting Power 140,598
(See also footnote * below)
------------------- -----------------------------------------------------------
------------------- -----------------------------------------------------------
9. Sole Dispositive Power 0
------------------- -----------------------------------------------------------
------------------- -----------------------------------------------------------
10. Shared Dispositive Power 33,479,759
(See Item 5 below)
------------------- -----------------------------------------------------------
-------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
33,479,759 shares of Common Stock (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
63.4% (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
14. Type of Reporting Person PN
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
(*) The Reporting Person together with the other Reporting Persons named herein
may be deemed to beneficially own shares of the Issuer's Series A Preferred
Stock that are convertible into shares of Common Stock as indicated herein,
however, the Reporting Person has agreed pursuant to an Investment Agreement,
dated as of April 19, 2001, by and among the Issuer, the Reporting Person named
on this cover page and certain other persons named in such Investment Agreement,
for a period commencing on the Closing Date and ending on the fifth anniversary
thereof, not to convert such Series A Preferred Stock into Common Stock except
in connection with the disposition of such Common Stock to an unaffiliated third
party. As such, notwithstanding the right of the Reporting Persons to elect
directors as described herein, the Reporting Person has no ability to exercise
voting power with respect to the Common Stock following conversion during such
time period.
SCHEDULE 13D
CUSIP No. 001669 10 0 Page 5 of 16 Pages
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
-------------------------------------------------------------------------------
Apollo Management IV, L.P.
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [X]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
4. Source of Funds
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
6. Citizenship or Place of Organization Delaware
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Number of Shares 7. Sole Voting Power 0
Bene-ficially
Owned by Each
Reporting Person
With
------------------- -----------------------------------------------------------
------------------- -----------------------------------------------------------
8. Shared Voting Power 140,598
(See also footnote * below)
------------------- -----------------------------------------------------------
------------------- -----------------------------------------------------------
9. Sole Dispositive Power 0
------------------- -----------------------------------------------------------
------------------- -----------------------------------------------------------
10. Shared Dispositive Power 33,479,759
(See Item 5 below)
------------------- -----------------------------------------------------------
-------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
33,479,579 shares of Common Stock (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
63.4% (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
14. Type of Reporting Person Delaware
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
(*) The Reporting Person together with the other Reporting Persons named herein
may be deemed to beneficially own shares of the Issuer's Series A Preferred
Stock that are convertible into shares of Common Stock as indicated herein,
however, the Reporting Person has agreed pursuant to an Investment Agreement,
dated as of April 19, 2001, by and among the Issuer, the Reporting Person named
on this cover page and certain other persons named in such Investment Agreement,
for a period commencing on the Closing Date and ending on the fifth anniversary
thereof, not to convert such Series A Preferred Stock into Common Stock except
in connection with the disposition of such Common Stock to an unaffiliated third
party. As such, notwithstanding the right of the Reporting Persons to elect
directors as described herein, the Reporting Person has no ability to exercise
voting power with respect to the Common Stock following conversion during such
time period.
SCHEDULE 13D
CUSIP No. 001669 10 0 Page 6 of 16 Pages
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
-------------------------------------------------------------------------------
Apollo Investment Fund V, L.P.
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [X]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
4. Source of Funds
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
6. Citizenship or Place of Organization Delaware
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Number of Shares 7. Sole Voting Power 0
Bene-ficially (See footnote * below)
Owned by Each
Reporting Person
With
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
8. Shared Voting Power 0
(See footnote * below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
9. Sole Dispositive Power (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
10. Shared Dispositive Power 33,339,161
(See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
33,339,161 shares of Common Stock (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
63.2% (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
14. Type of Reporting Person PN
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
(*) The Reporting Person together with the other Reporting Persons named herein
may be deemed to beneficially own shares of the Issuer's Series A Preferred
Stock that are convertible into shares of Common Stock as indicated herein,
however, the Reporting Person has agreed pursuant to an Investment Agreement,
dated as of April 19, 2001, by and among the Issuer, the Reporting Person named
on this cover page and certain other persons named in such Investment Agreement,
for a period commencing on the Closing Date and ending on the fifth anniversary
thereof, not to convert such Series A Preferred Stock into Common Stock except
in connection with the disposition of such Common Stock to an unaffiliated third
party. As such, notwithstanding the right of the Reporting Persons to elect
directors as described herein, the Reporting Person has no ability to exercise
voting power with respect to the Common Stock following conversion during such
time period.
SCHEDULE 13D
CUSIP No. 001669 10 0 Page 7 of 16 Pages
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
-------------------------------------------------------------------------------
Apollo Overseas Partners V, L.P.
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [X]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
4. Source of Funds
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
6. Citizenship or Place of Organization Cayman Islands
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Number of Shares 7. Sole Voting Power 0
Bene-ficially (See footnote * below)
Owned by Each
Reporting Person
With
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
8. Shared Voting Power 0
(See footnote * below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
9. Sole Dispositive Power (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
10. Shared Dispositive Power 33,339,161
(See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
33,339,161 shares of Common Stock (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
63.2% (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
14. Type of Reporting Person PN
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
(*) The Reporting Person together with the other Reporting Persons named herein
may be deemed to beneficially own shares of the Issuer's Series A Preferred
Stock that are convertible into shares of Common Stock as indicated herein,
however, the Reporting Person has agreed pursuant to an Investment Agreement,
dated as of April 19, 2001, by and among the Issuer, the Reporting Person named
on this cover page and certain other persons named in such Investment Agreement,
for a period commencing on the Closing Date and ending on the fifth anniversary
thereof, not to convert such Series A Preferred Stock into Common Stock except
in connection with the disposition of such Common Stock to an unaffiliated third
party. As such, notwithstanding the right of the Reporting Persons to elect
directors as described herein, the Reporting Person has no ability to exercise
voting power with respect to the Common Stock following conversion during such
time period.
SCHEDULE 13D
CUSIP No. 001669 10 0 Page 8 of 16 Pages
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
-------------------------------------------------------------------------------
Apollo Advisors V, L.P.
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [X]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
4. Source of Funds
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
6. Citizenship or Place of Organization Delaware
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Number of Shares 7. Sole Voting Power 0
Bene-ficially (See footnote * below)
Owned by Each
Reporting Person
With
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
8. Shared Voting Power 0
(See footnote * below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
9. Sole Dispositive Power (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
10. Shared Dispositive Power 33,479,759
(See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
33,479,759 shares of Common Stock (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
63.4% (See Item 5 below) [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
14. Type of Reporting Person PN
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
(*) The Reporting Person together with the other Reporting Persons named herein
may be deemed to beneficially own shares of the Issuer's Series A Preferred
Stock that are convertible into shares of Common Stock as indicated herein,
however, the Reporting Person has agreed pursuant to an Investment Agreement,
dated as of April 19, 2001, by and among the Issuer, the Reporting Person named
on this cover page and certain other persons named in such Investment Agreement,
for a period commencing on the Closing Date and ending on the fifth anniversary
thereof, not to convert such Series A Preferred Stock into Common Stock except
in connection with the disposition of such Common Stock to an unaffiliated third
party. As such, notwithstanding the right of the Reporting Persons to elect
directors as described herein, the Reporting Person has no ability to exercise
voting power with respect to the Common Stock following conversion during such
time period.
SCHEDULE 13D
CUSIP No. 001669 10 0 Page 9 of 16 Pages
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
-------------------------------------------------------------------------------
Apollo Management V, L.P.
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [X]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
4. Source of Funds
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
6. Citizenship or Place of Organization Delaware
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Number of Shares 7. Sole Voting Power 0
Bene-ficially (See footnote * below)
Owned by Each
Reporting Person
With
------------------------------------------------------------------------------
-------------------------------------------------------------------------------
8. Shared Voting Power 0
(See footnote * below)
------------------------------------------------------------------------------
-------------------------------------------------------------------------------
9. Sole Dispositive Power (See Item 5 below)
------------------------------------------------------------------------------
-------------------------------------------------------------------------------
10. Shared Dispositive Power 33,479,759
(See Item 5 below)
------------------------------------------------------------------------------
------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
33,479,759 shares of Common Stock (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
63.4% (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
14. Type of Reporting Person PN
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
(*) The Reporting Person together with the other Reporting Persons named herein
may be deemed to beneficially own shares of the Issuer's Series A Preferred
Stock that are convertible into shares of Common Stock as indicated herein,
however, the Reporting Person has agreed pursuant to an Investment Agreement,
dated as of April 19, 2001, by and among the Issuer, the Reporting Person named
on this cover page and certain other persons named in such Investment Agreement,
for a period commencing on the Closing Date and ending on the fifth anniversary
thereof, not to convert such Series A Preferred Stock into Common Stock except
in connection with the disposition of such Common Stock to an unaffiliated third
party. As such, notwithstanding the right of the Reporting Persons to elect
directors as described herein, the Reporting Person has no ability to exercise
voting power with respect to the Common Stock following conversion during such
time period.
SCHEDULE 13D
CUSIP No. 001669 10 0 Page 10 of 16 Pages
-------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
-------------------------------------------------------------------------------
AP Entertainment, LLC
-------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [X]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
3. SEC Use Only
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
4. Source of Funds
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings Is Required Pursuant
to Items 2(d) or 2(e) [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
6. Citizenship or Place of Organization Delaware
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Number of Shares 7. Sole Voting Power 0
Bene-ficially (See footnote * below)
Owned by Each
Reporting Person
With
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
8. Shared Voting Power 0
(See footnote * below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
9. Sole Dispositive Power (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
10. Shared Dispositive Power 33,339,161
(See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
11. Aggregate Amount Beneficially Owned by Each Reporting Person
33,339,161 shares of Common Stock (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
12. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [_]
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
13. Percent of Class Represented by Amount in Row (11)
63.2% (See Item 5 below)
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
14. Type of Reporting Person OO
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
(*) The Reporting Person together with the other Reporting Persons named herein
may be deemed to beneficially own shares of the Issuer's Series A Preferred
Stock that are convertible into shares of Common Stock as indicated herein,
however, the Reporting Person has agreed pursuant to an Investment Agreement,
dated as of April 19, 2001, by and among the Issuer, the Reporting Person named
on this cover page and certain other persons named in such Investment Agreement,
for a period commencing on the Closing Date and ending on the fifth anniversary
thereof, not to convert such Series A Preferred Stock into Common Stock except
in connection with the disposition of such Common Stock to an unaffiliated third
party. As such, notwithstanding the right of the Reporting Persons to elect
directors as described herein, the Reporting Person has no ability to exercise
voting power with respect to the Common Stock following conversion during such
time period.
Page 11 of 16 Pages
This Amendment No. 2 amends and supplements the following Items of the
Statement on Schedule 13D of Apollo Investment Fund IV, L.P. ("AIF IV"); Apollo
Overseas Partners IV, L.P. ("AOP IV"); Apollo Investment Fund V, L.P. ("AIF V");
Apollo Overseas Partners V, L.P. ("AOP V" and together with AIV IV, AOP IV and
AIF V, the "Apollo Funds"); AP Entertainment LLC ("AP LLC"); Apollo Advisors IV,
L.P.; Apollo Management IV, L.P.; Apollo Advisors V, L.P.; and Apollo Management
V, L.P. (collectively, the "Reporting Persons"), originally filed on April 27,
2001 with the Securities and Exchange Commission, and as further amended on July
7, 2001 (the "Schedule 13D"), with respect to the common stock, par value $0.66
2/3 per share (the "Common Stock"), of AMC Entertainment Inc., a Delaware
corporation (the "Issuer"). Responses to each item below are incorporated by
reference into each other item as applicable. Unless otherwise indicated, all
capitalized terms used but not defined herein have the meanings set forth in the
Schedule 13D.
Item 4. Purpose of Transaction.
Item 4 is hereby amended and supplemented by adding the following text
to the end thereto as follows:
On April 19, 2001, the Reporting Persons beneficially acquired from
the Issuer an aggregate of 92,000 shares of Series A Preferred Stock and 158,000
shares of Series B Preferred Stock pursuant to the Investment Agreement dated
April 19, 2001, (the "Investment Agreement"). The Series A Preferred Stock
beneficially acquired by the Reporting Persons at the Closing Date were
initially convertible into an aggregate of 12,867,133 shares of Common Stock,
representing approximately 39.8% of the Issuer's Common Stock on a fully diluted
basis. The Series B Preferred Stock beneficially acquired by the Reporting
Persons was to be automatically exchanged for Series A Preferred Stock if and
when the stockholders of the Issuer approve an amendment to the Issuer's
Certificate of Incorporation increasing the number of authorized shares of
Common Stock to allow for the conversion of the Series A Preferred Stock into
the Common Stock, including those shares of Series A Preferred Stock received as
a result of the exchange of the Series B Preferred Stock for Series A Preferred
Stock (the "Shareholder Approval"). Under the Investment Agreement, the Issuer
was required to seek Shareholder Approval at its next regularly scheduled annual
meeting which was to take place no later than 270 days after the Closing Date.
On September 13, 2001, the Issuer's stockholders approved the
amendment to the Issuer's Certificate of Incorporation increasing the number of
authorized shares of Common Stock and, as a result of such Shareholder Approval,
the shares of Series B Preferred Stock beneficially held by the Reporting
Persons were automatically exchanged for 150,653 shares of Series A Preferred
Stock (the "Exchange"). As described in the initial Schedule 13D, the holders of
Series A Preferred Stock are entitled to receive quarterly dividends that are to
be paid in additional shares of Series A Preferred Stock during the periods
described in the initial Schedule 13D and in the Certificate of Designations so
that additional shares of Series A Preferred Stock will continue to accrue to
the benefit of the holders of Series A Preferred Stock. A description of the
terms of the Series A Preferred Stock is set forth in the initial Schedule 13D
Page 12 of 16 Pages
and in the agreements attached as exhibits to the Schedule 13D and each is
hereby incorporated herein by reference.
The shares of Preferred Stock described in this Schedule 13D were
acquired for general investment purposes. Notwithstanding the foregoing, the
Reporting Persons retain the right to change their investment intent, to propose
one or more possible transactions to the Issuer's Board of Directors, to acquire
additional shares of Preferred Stock or Common Stock from time to time or to
sell or otherwise dispose of all or part of the Preferred Stock beneficially
owned by them (or any shares of Common Stock into which such Preferred Stock are
converted) in any manner permitted by law. In addition, the Apollo Funds have
the right to elect three members to the Issuer's Board of Directors. As
directors of the Issuer, the three members of the Issuer's Board of Directors
elected by the Apollo Funds may have influence over the corporate activities of
the Issuer, including activities which may relate to transactions described in
subparagraphs (a) through (j) of Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer.
Item 5 is hereby amended and supplemented as follows:
(a) (i) After giving effect to the Exchange, the Reporting Persons may be
deemed to collectively beneficially own an aggregate of 238,375 shares of Series
A Preferred Stock. As previously reported, the shares of Series A Preferred
Stock held by the Reporting Persons may be converted, in whole or in part, into
Common Stock at an initial conversion price of $7.15 per share, subject to
certain adjustments, with each share of Series A Preferred Stock being valued at
the then current Series A Preferred Stock liquidation preference amount. Based
on the foregoing, the Reporting Persons may be deemed to collectively own
33,339,161 shares of Common Stock assuming the conversion of the 238,375 shares
of Series A Preferred Stock held by the Reporting Persons. Such 33,339,161
shares of Common Stock represent 63.2% of the Outstanding Shares (as described
below), subject to certain restrictions on conversion of Series A Preferred
Stock. For purposes of calculating ownership percentages in this Schedule 13D,
the number of "Outstanding Shares" includes (i) 19,427,098 shares of Common
Stock outstanding as of June 28, 2001 based on information contained in the
Issuer's most recent Form 10-Q and (ii) the shares of Common Stock issuable to
the Reporting Persons upon conversion of the shares of Series A Preferred Stock
currently held by such persons. The number of shares of Common Stock into which
shares of Series A Preferred Stock are convertible may vary upon the occurrence
of certain events as described in Item 4. Beneficial ownership of all such
securities was acquired as described in Item 3 and Item 4. See also the
information contained on the cover pages to this Schedule 13D which is
incorporated by reference. Each of the Reporting Persons expressly disclaims
beneficial ownership of those shares of Preferred Stock not directly held by
them. Furthermore, the filing of this Schedule 13D shall not be deemed an
admission that any of the Reporting Persons is, for purposes of Section 13(d) of
the Act, the beneficial owner of the securities (including the Common Stock) of
the Issuer described herein.
(ii) Pursuant to the transactions described in Item 5(c)(ii) below, the AIF
IV Reporting Persons may be deemed to collectively beneficially own an aggregate
of 140,598 Shares of Common Stock of the Issuer representing 0.7% of the
outstanding shares of Common Stock of the Issuer.
Page 13 of 16 Pages
(b) (i) After giving effect to the Exchange, the Reporting Persons may be
deemed to have shared dispositive power with respect to an aggregate of
33,339,161 shares of Common Stock. As explained in the footnote to the cover
pages to this statement on Schedule 13D, the Reporting Persons have agreed in
the Investment Agreement not to convert any shares of Series A Preferred Stock
into Common Stock until April 2006, except in connection with certain
dispositions to unaffiliated third parties. As such, notwithstanding the right
of certain of the Reporting Persons to elect directors as described in this
Schedule 13D, the Reporting Persons have no ability to exercise voting power
with respect to the Common Stock following conversion during such period.
(ii) With respect to the 140,598 shares of Common Stock described in Item
5(a)(ii), AIF IV may be deemed to have sole voting and dispositive power with
respect to the 133,189 shares of Common Stock held directly by AIF IV; and AOP
IV may be deemed to have sole voting and dispositive power with respect to the
7,409 shares of Common Stock held directly by AOP IV. Advisors IV and Management
IV may be deemed to have shared dispositive powers with respect to the aggregate
of such 140,598 shares of Common Stock held by AIF IV and AOP IV.
(c) (i) As described in Item 4 hereof, on September 13, 2001, the Company
obtained Shareholder Approval and, as a result of such approval and as described
in the Schedule 13D, the Shares of Series B Preferred Stock beneficially held by
the Reporting Persons were automatically exchanged for Shares of Series A
Preferred Stock. Subject to the retroactive reduction of the dividend rate on
the Series B Preferred Stock as described in the Schedule 13D and the
Certificate of Designations, the shares of Series B Preferred Stock beneficially
held by the Reporting Persons were automatically exchanged for an aggregate of
150,563 shares of Series A Preferred Stock. The price of each share of Series B
Preferred Stock beneficially acquired by the Reporting Persons at the Closing
Date was $1,000 per share.
(ii) On August 16, 2001, AIF IV and AOP IV agreed to acquire in a private
transaction an aggregate of 140,598 shares of Common Stock at a price of $11.38
per share for an aggregate purchase price of $1,600,005.24. The closing of such
purchases occurred on August 20, 2001. The purchases were financed with cash on
hand from contributions of partners of AIF IV and AOP IV. All such contributions
are in the ordinary course and pursuant to (equity) investor commitments.
(d) Not applicable.
(e) Not applicable.
Page 14 of 16 Pages
Signature
After reasonable inquiry and to the best of their knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
September 28, 2001 APOLLO INVESTMENT FUND IV, L.P.
By: APOLLO ADVISORS IV, L.P.
its general partner
By: Apollo Capital Management IV, Inc.
its general partner
By: /s/ Michael D. Weiner
-----------------------------------
Name: Michael D. Weiner
Title: Vice President
September 28, 2001 APOLLO OVERSEAS PARTNERS IV, L.P.
By: APOLLO ADVISORS IV, L.P.
its managing general partner
By: Apollo Capital Management IV, Inc.
its general partner
By: /s/ Michael D. Weiner
-----------------------------------
Name: Michael D. Weiner
Title: Vice President
September 28, 2001 APOLLO ADVISORS IV, L.P.
its capacity as managing general partner
to Apollo Investment Fund IV, L.P. and
Apollo Overseas Partners IV, L.P.
By: Apollo Capital Management IV, Inc.
its general partner
By: /s/ Michael D. Weiner
-----------------------------------
Name: Michael D. Weiner
Title: Vice President
Page 15 of 16 Pages
September 28, 2001 APOLLO MANAGEMENT IV, L.P.
in its capacity as investment manager to
Apollo Investment Fund IV, L.P. and
Apollo Overseas Partners IV, L.P.
By: AIF IV Management, Inc.
its general partner
By: /s/ Michael D. Weiner
-----------------------------------
Name: Michael D. Weiner
Title: Vice President
September 28, 2001 APOLLO INVESTMENT FUND V, L.P.
By: APOLLO ADVISORS V, L.P.
its general partner
By: Apollo Capital Management V, Inc.
its general partner
By: /s/ Michael D. Weiner
-----------------------------------
Name: Michael D. Weiner
Title: Vice President
September 28, 2001 APOLLO OVERSEAS PARTNERS V, L.P.
By: APOLLO ADVISORS V, L.P.
its managing general partner
By: Apollo Capital Management V, Inc.
its general partner
By: /s/ Michael D. Weiner
-----------------------------------
Name: Michael D. Weiner
Title: Vice President
Page 16 of 16 Pages
September 28, 2001 AP ENTERTAINMENT, LLC
By: Apollo Management V, L.P.
its manager
By: AIF V Management, Inc.
its general partner
By: /s/ Michael D. Weiner
-----------------------------------
Name: Michael D. Weiner
Title: Vice President
September 28, 2001 APOLLO ADVISORS V, L.P.
in its capacity as managing general partner of
Apollo Investment Fund V, L.P. and
Apollo Overseas Partners V, L.P.
By: Apollo Capital Management V, Inc.
its general partner
By: /s/ Michael D. Weiner
-----------------------------------
Name: Michael D. Weiner
Title: Vice President
September 28, 2001 APOLLO MANAGEMENT V, L.P.
in its capacity as investment manager to
Apollo Investment Fund V, L.P.
and Apollo Overseas Partners V, L.P.
By: AIF V Management, Inc.
its general partner
By: /s/ Michael D. Weiner
-----------------------------------
Name: Michael D. Weiner
Title: Vice President