-----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, Bqcpw5MlFAH7jriDrEOyfarVev3BxL16JmZLXiOxPLGGD7LK+7kJXttQHxumOCe2 ckUbtiLovAWFc8WdOSMvTQ== 0001005477-99-003159.txt : 19990719 0001005477-99-003159.hdr.sgml : 19990719 ACCESSION NUMBER: 0001005477-99-003159 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990716 GROUP MEMBERS: IRREVOCABLE TRUST II GROUP MEMBERS: KINGSTREET LTD. GROUP MEMBERS: M.D. SASS ASSOCIATES, INC. GROUP MEMBERS: M.D. SASS ASSOCIATES, INC. EMPLOYEES PROFIT GROUP MEMBERS: M.D. SASS CORPORATE RESURGENCE INTERNATIONAL, LTD. GROUP MEMBERS: M.D. SASS CORPORATE RESURGENCE PARTNERS, L.P. GROUP MEMBERS: M.D. SASS INVESTORS SERVICES, INC. GROUP MEMBERS: M.D. SASS MANAGEMENT, INC. GROUP MEMBERS: M.D. SASS RE/ENTERPRISE INTERNATIONAL, LTD. GROUP MEMBERS: M.D. SASS RE/ENTERPRISE PARTNERS, L.P. GROUP MEMBERS: M.D. SASS RE/ENTERPRISE-II, L.P. GROUP MEMBERS: RE/ENTERPRISE ASSET MANAGEMENT, L.L.C. GROUP MEMBERS: RESURGENCE ASSET MANAGEMENT INTERNATIONAL, L.L.C. GROUP MEMBERS: RESURGENCE ASSET MANAGEMENT LLC /ADV GROUP MEMBERS: RESURGENCE PARALLEL FUND, LLC GROUP MEMBERS: SHARING PLAN GROUP MEMBERS: THE M.D. SASS RE/ENTERPRISE INTERNATIONAL SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ARCH COMMUNICATIONS GROUP INC /DE/ CENTRAL INDEX KEY: 0000915390 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 311358569 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-44485 FILM NUMBER: 99665910 BUSINESS ADDRESS: STREET 1: 1800 W PARK DR STREET 2: STE 250 CITY: WESTBOROUGH STATE: MA ZIP: 01581 BUSINESS PHONE: 5088706700 MAIL ADDRESS: STREET 1: 1800 W PARK DR STREET 2: STE 250 CITY: WESTBOROUGH STATE: MA ZIP: 01581 FORMER COMPANY: FORMER CONFORMED NAME: USA MOBILE COMMUNICATIONS HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19950519 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RESURGENCE ASSET MANAGEMENT LLC /ADV CENTRAL INDEX KEY: 0001035953 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133916611 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1185 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2127302000 MAIL ADDRESS: STREET 1: 1185 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: RESURGENCE ASSET MANAGEMENT LLC /ADV DATE OF NAME CHANGE: 19990108 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) ARCH COMMUNICATIONS GROUP, INC. (Name of Issuer) COMMON STOCK (Title of Class of Securities) 039381108 (CUSIP Number) June 3, 1999 (Date of Event Which Request Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) |X| Rule 13d-1(c) |_| Rule 13d-1(d) 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 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. 039381108 13G Page 2 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) Resurgence Asset Management, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 3,431,350(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 3,431,350(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,431,350(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.14% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James. B. Rubin serves as Chief Investment Officer of and is responsible for the day to day investment activities of Resurgence Asset Management, L.L.C. ("RAM"). Voting and dispositive power is exercised solely in its capacity as sole general partner and sole investment advisor of M.D. Sass Corporate Resurgence Partners, L.P. Accordingly, RAM may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 3 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) Resurgence Asset Management International, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 2,203,795(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 2,203,795(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,203,795(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.59% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James B. Rubin serves as Chief investment Officer of and is responsible for the day to day investment activities of Resurgence Asset Management International, L.L.C. ("RAMI"). Voting and dispositive power is exercised (i) solely in its capacity as sole special shareholder of and sole investment advisor of M.D. Sass Corporate Resurgence Partners International, Ltd. and (ii) pursuant to a Subadvisory Services Agreement with M.D. Sass Management, Inc. with respect to M.D. Sass Re/Enterprise International, Ltd. Accordingly, in each case, RAMI may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 4 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) Re/Enterprise Asset Management, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 3,093,097(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 3,093,097(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,093,097(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.44% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James B. Rubin serves as Manager and is responsible for the day to day investment activities of Re/Enterprise Asset Management, L.L.C. ("REAM"). Voting and dispositive power is exercised pursuant to a Subadvisory Services Agreement with M.D. Sass Management, Inc., M.D. Sass Investors Services, Inc. and M.D. Sass Associates, Inc. with respect to two employee pension plans, M.D. Sass Re/Enterprise Partners, L.P. and M.D. Sass Re/Enterprise II, L.P. Accordingly, REAM may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 5 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Kingstreet Ltd.(1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 45,959(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 45,959(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 45,959(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.10% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Voting and dispositive power is exercised through its sole director, CTC Corporation Ltd. Kingstreet Ltd. is a wholly-owned subsidiary of The M.D. Sass Re/Enterprise International Irrevocable Trust II. CUSIP No. 039381108 13G Page 6 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) M.D. Sass Corporate Resurgence Partners, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 3,431,350(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 3,431,350(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,431,350(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.14% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James B. Rubin serves as Chief Investment Officer of and is responsible for the day to day investment activities of Resurgence Asset Management, L.L.C. ("RAM"). Voting and dispositive power is exercised through its sole general partner and investment advisor, RAM. Accordingly, M.D. Sass Corporate Resurgence Partners, L.P. may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 7 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) M.D. Sass Corporate Resurgence International, Ltd. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 1,759,993(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 1,759,993(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,759,993(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.66% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James B. Rubin serves as Chief Investment Officer of and is responsible for the day to day investment activities of Resurgence Asset Management International, L.L.C. ("RAMI"). Voting and dispositive power is exercised through its sole special shareholder and investment advisor RAMI. Accordingly, M.D. Sass Corporate Resurgence International, Ltd. may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 8 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) M.D. Sass Re/Enterprise Partners, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 729,469(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 729,469(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 729,469(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.52% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James B. Rubin serves as Manager of and is responsible for the day to day investment activities of Re/Enterprise Asset Management, L.L.C. (" REAM"). Voting and dispositive power is exercised through REAM pursuant to a Subadvisory Services Agreement with its managing general partner M.D. Sass Associates, Inc. Accordingly, M.D. Sass Re/Enterprise Partners, L.P. may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 9 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) M.D. Sass Re/Enterprise-II, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 181,309(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 181,309(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 181,309(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.38% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James B. Rubin serves as Manager of and is responsible for the day to day investment activities of Re/Enterprise Asset Management, L.L.C. ("REAM"). Voting and dispositive power is exercised through REAM pursuant to a Subadvisory Services Agreement with its managing general partner M.D. Sass Investors Services, Inc. Accordingly, M.D. Sass Re/Enterprise-II, L.P. may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 10 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) M.D. Sass Re/Enterprise International, Ltd. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 443,802(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 443,802(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 443,802(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.92% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James B. Rubin serves as Chief Investment Officer of and is responsible for the day to day investment activities of Resurgence Asset Management International, L.L.C. ("RAMI"). Voting and dispositive power is exercised through RAMI pursuant to a Subadvisory Services Agreement with its investment manager, M.D. Sass Management, Inc. Accordingly, M.D. Sass Re/Enterprise International, Ltd. may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 11 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) M.D. Sass Associates, Inc. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 729,469(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 729,469(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 729,469(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 1.52% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James B. Rubin serves as Manager of and is responsible for the day to day investment activities of Re/Enterprise Asset Management, L.L.C ("REAM"). Voting and dispositive power is exercised by M.D. Sass Associates, Inc. solely in its capacity as general partner of M.D. Sass Re/Enterprise Partners, L.P. Pursuant to a Subadvisory Services Agreement M.D. Sass Associates, Inc. has entered into with REAM, REAM exercises sole voting and dispositive power over such shares. Accordingly M.D. Sass Associates, Inc. may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 12 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) M.D. Sass Management, Inc. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 443,802(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 443,802(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 443,802(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.92% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James B. Rubin serves as Chief Investment Officer and is responsible for the day to day investment activities of Resurgence Asset Management International, L.L.C. ("RAMI"). Pursuant to a Subadvisory Services Agreement it has entered into with RAMI, RAMI exercises sole voting and dispositive power over such shares. Accordingly, M.D. Sass Management, Inc. may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 13 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON James B. Rubin(1) M.D. Sass Investors Services, Inc. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 2,363,628(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 2,363,628(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,363,628(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 4.92% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Mr. James B. Rubin serves as Manager and is responsible for the day to day investment activities of Re/Enterprise Asset Management, L.L.C. ("REAM"). Voting and dispositive power is exercised solely in its capacity as general partner of M.D. Sass Re/Enterprise-II, L.P. and investment advisor to two employee pension plans. Pursuant to a Subadvisory Services Agreement it has entered into with REAM, REAM exercises sole voting and dispositive power over such shares. Accordingly, M.D. Sass Investors Services, Inc. may be deemed to share voting and dispositive power. CUSIP No. 039381108 13G Page 14 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Resurgence Parallel Fund, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 119,835(1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 119,835(1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 119,835(1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.25% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) Voting and dispositive power is exercised through its managers, Martin D. Sass, Hugh R. Lamle and Martin E. Winter. CUSIP No. 039381108 13G Page 15 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The M.D. Sass Re/Enterprise International Irrevocable Trust II(1) - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 45,959 (1) -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 45,959 (1) WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 45,959 (1) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.10% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT (1) The M.D. Sass Re/Enterprise International Irrevocable Trust II (the "Trust") owns 100% of Kingstreet Ltd. and, accordingly, may be deemed to share voting and dispositive power. Voting and dispositive power on behalf of the Trust is exercised through its trustees, A. Charles Levene and CITCO International Trust Company Ltd. CUSIP No. 039381108 13G Page 16 of 26 - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON M.D. Sass Associates, Inc. Employees Profit Sharing Plan - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 35,560 -------------------------------------------------------------- NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY -0- OWNED BY -------------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 35,560 WITH -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 35,560 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.07% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* EP - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT Item 1(a). Name of Issuer: Arch Communications Group, Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 1800 West Park Drive, Suite 250 Westborough, Massachusetts 01581 Item 2(a) Name of Person Filing: Resurgence Asset Management, L.L.C. ("RAM") Resurgence Asset Management International, L.L.C. ("RAMI") Re/Enterprise Asset Management, L.L.C. ("REAM") Kingstreet Ltd. M.D. Sass Corporate Resurgence Partners, L.P. M.D. Sass Corporate Resurgence International, Ltd. M.D. Sass Re/Enterprise Partners, L.P. M.D. Sass Re/Enterprise-II, L.P. M.D. Sass Re/Enterprise International, Ltd. M.D. Sass Associates, Inc. M.D. Sass Management, Inc. M.D. Sass Investors Services, Inc. Resurgence Parallel Fund, LLC The M.D. Sass Re/Enterprise International Irrevocable Trust II M.D. Sass Associates, Inc. Employees Profit Sharing Plan ("SAEPS") Item 2(b) Address of Principal Business Office or, if None, Residence: The address for each of RAM, RAMI, REAM, M.D. Sass Corporate Resurgence Partners, L.P., and M.D. Sass Corporate Resurgence International, Ltd. 10 King Street First Floor White Plains, NY, 10064 The address for each of SAEPS, M.D. Sass Re/Enterprises Partners, L.P., M.D. Sass Re/Enterprise-II, L.P., M.D. Sass Re/Enterprise International, Ltd., M.D. Sass Associates, Inc., M.D. Sass Management, Inc., M.D. Sass Investors Services, Inc., and Resurgence Parallel Fund, LLC is: 1185 Avenue of the Americas 18th Floor New York, New York 10036 The address for Kingstreet Ltd. and The M.D. Sass Re/Enterprise Irrevocable Trust II is: c/o CITCO International Trust Company, Ltd. Corporate Center West Bay Road P.O. Box 31106 SMB Grand Cayman, Cayman Islands Page 17 of 26 Item 2(c) Citizenship or Place of Organization: See Item 4 of each cover page. Item 2(d) Title of Class of Securities: Common Stock Item 2(e) CUSIP Number: 039381108 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) |_| Broker or dealer registered under Section 15 of the Exchange Act. (b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act. (c) |_| Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) |_| Investment company registered under Section 8 of the Investment Company Act. (e) |X| An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) |X| An employee benefit plan or endowment fund in accordance with Rule 13d- 1(b)(1)(ii)(F); (g) |X| A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) |_| A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) |_| A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. |X| Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: See Item 9 of each cover page. (b) Percent of Class: See Item 11 of each cover page. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote (ii) Shared power to vote or to direct the vote (iii) Sole power to dispose or to direct the disposition of (iv) Shared power to dispose or to direct the disposition of See Items 5-8 of each cover page. Page 18 of 26 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 6. Ownership of More than Five Percent on Behalf of Another Person. See footnotes to each cover page. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. See footnotes to each cover page. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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 such securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose of 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. Dated: July 16, 1999. RESURGENCE ASSET MANAGEMENT, L.L.C. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Manager RESURGENCE ASSET MANAGEMENT INTERNATIONAL, L.L.C. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Manager Page 19 of 26 RE/ENTERPRISE ASSET MANAGEMENT, L.L.C. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Manager KINGSTREET LTD. By: CTC Corporation Ltd., its Director By: /s/ Lana Farrington ----------------------------------------- Lana Farrington, Trust Officer M.D. SASS CORPORATE RESURGENCE PARTNERS, L.P. By: Resurgence Asset Management, L.L.C., its General Partner By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Chief Investment Officer M.D. SASS CORPORATE RESURGENCE INTERNATIONAL, LTD. By: Resurgence Asset Management International, L.L.C., its Special Shareholder. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Chief Investment Officer M.D. SASS RE/ENTERPRISE PARTNERS, L.P. By: M.D. Sass Associates, Inc., its General Partner By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President M.D. SASS RE/ENTERPRISE-II, L.P. By: M.D. Sass Investors Services, Inc., its General Partner By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President Page 20 of 26 M.D. SASS RE/ENTERPRISE INTERNATIONAL, LTD. By: M.D. Sass Management, Inc. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President M.D. SASS ASSOCIATES, INC. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President M.D. SASS MANAGEMENT, INC. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President M.D. SASS INVESTORS SERVICES, INC. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President RESURGENCE PARALLEL FUND, LLC By: /s/ Martin D. Sass ----------------------------------------- Martin D. Sass, Manager By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Manager THE M.D. SASS RE/ENTERPRISE INTERNATIONAL IRREVOCABLE TRUST II By: CITCO Trustees (BVI) Limited By: /s/ Lana Farrington ----------------------------------------- Lana Farrington, Trust Officer M.D. SASS ASSOCIATES, INC. EMPLOYEES PROFIT SHARING PLAN By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Trustee Page 21 of 26 EXHIBIT INDEX TO SCHEDULE 13G EXHIBIT 1 Agreement between Resurgence Asset Management, L.L.C. ("RAM"), Resurgence Asset Management International, L.L.C. ("RAMI"), Re/Enterprise Asset Management, L.L.C. ("REAM"), Kingstreet Ltd., M.D. Sass Corporate Resurgence Partners, L.P., M.D. Sass Corporate Resurgence International, Ltd., M.D. Sass Re/Enterprise Partners, L.P., M.D. Sass Re/Enterprise-II, L.P., M.D. Sass Re/Enterprise International, Ltd., M.D. Sass Associates, Inc., M.D. Sass Management, Inc., M.D. Sass Investors Services, Inc., Resurgence Parallel Fund, LLC, The M.D. Sass Re/Enterprise International Irrevocable Trust II and M.D. Sass Associates, Inc. Employees Profit Sharing Plan, as to joint filing of Schedule 13G. EXHIBIT 2 Disclaimer of beneficial ownership by RAM, RAMI, REAM, M.D. Sass Associates, Inc., M.D. Sass Management, Inc., M.D. Sass Investors Services, Inc. and The M.D. Sass Re/Enterprise International Irrevocable Trust II. EXHIBIT 1 AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G Each of the undersigned hereby affirms that it is individually eligible to use Schedule 13G, and agrees that this Schedule 13G, and agrees that this Schedule 13G is filed on its behalf. Dated: July 16, 1999 RESURGENCE ASSET MANAGEMENT, L.L.C. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Manager RESURGENCE ASSET MANAGEMENT INTERNATIONAL, L.L.C. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Manager RE/ENTERPRISE ASSET MANAGEMENT, L.L.C. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Manager Page 22 of 26 KINGSTREET LTD. By: CTC Corporation Ltd., its Director By: /s/ Lana Farrington ----------------------------------------- Lana Farrington, Trust Officer M.D. SASS CORPORATE RESURGENCE PARTNERS, L.P. By: Resurgence Asset Management, L.L.C., its General Partner By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Chief Investment Officer M.D. SASS CORPORATE RESURGENCE INTERNATIONAL, LTD. By: Resurgence Asset Management International, L.L.C., its Special Shareholder. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Chief Investment Officer M.D. SASS RE/ENTERPRISE PARTNERS, L.P. By: M.D. Sass Associates, Inc., its General Partner By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President M.D. SASS RE/ENTERPRISE-II, L.P. By: M.D. Investors Services, Inc., its General Partner By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President M.D. SASS RE/ENTERPRISE INTERNATIONAL, LTD. By: M.D. Sass Management, Inc. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President Page 23 of 26 M.D. SASS ASSOCIATES, INC. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President M.D. SASS MANAGEMENT, INC. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President M.D. SASS INVESTORS SERVICES, INC. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President RESURGENCE PARALLEL FUND, LLC By: /s/ Martin D. Sass ----------------------------------------- Martin D. Sass, Manager By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Manager THE M.D. SASS RE/ENTERPRISE INTERNATIONAL IRREVOCABLE TRUST II By: CITCO Trustees (BVI) Limited By: /s/ Lana Farrington ----------------------------------------- Lana Farrington, Trust Officer M.D. SASS ASSOCIATES, INC. EMPLOYEES PROFIT SHARING PLAN By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Trustee Page 24 of 26 EXHIBIT 2 DISCLAIMER OF BENEFICIAL OWNERSHIP Each of the undersigned disclaims beneficial ownership of the securities referred to in the Schedule 13G to which this exhibit is attached, and the filing of this Schedule 13G shall not be construed as an admission that any of the undersigned is, for the purpose of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, the beneficial owner of any securities covered by this Schedule 13G. Date: July 16, 1999 RESURGENCE ASSET MANAGEMENT, L.L.C. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Manager RESURGENCE ASSET MANAGEMENT INTERNATIONAL, L.L.C. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Manager RE/ENTERPRISE ASSET MANAGEMENT, L.L.C. By: /s/ James B. Rubin ----------------------------------------- James B. Rubin, Manager M.D. SASS ASSOCIATES, INC. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President M.D. SASS MANAGEMENT, INC. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President M.D. SASS INVESTORS SERVICES, INC. By: /s/ Martin E. Winter ----------------------------------------- Martin E. Winter, Senior Vice-President Page 25 of 26 THE M.D. SASS RE/ENTERPRISE INTERNATIONAL IRREVOCABLE TRUST II By: CITCO Trustees (BVI) Limited By: /s/ Lana Farrington ----------------------------------------- Lana Farrington, Trust Officer Page 26 of 26 -----END PRIVACY-ENHANCED MESSAGE-----