-----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, WmHHpGcxOEazoIvKMM1eSRvobG8qGAfCr69wD3+kYaYuxbUrnYxwMzcwMpSIdSKg Gi2Z58DRYeE7CezEqgaimQ== 0001013594-97-000003.txt : 19970313 0001013594-97-000003.hdr.sgml : 19970313 ACCESSION NUMBER: 0001013594-97-000003 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970312 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERTAN INC CENTRAL INDEX KEY: 0000803227 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] IRS NUMBER: 752130875 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-42871 FILM NUMBER: 97555161 BUSINESS ADDRESS: STREET 1: 201 MAIN STREET SUITE 1805 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 8173489701 MAIL ADDRESS: STREET 1: 201 MAIN ST STREET 2: STE 1805 CITY: FORT WORTH STATE: TX ZIP: 76102 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KLEINBERG KAPLAN WOLFF & COHEN P C CENTRAL INDEX KEY: 0001013594 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 551 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10176 BUSINESS PHONE: 2129866000 SC 13D 1 OMB APPROVAL OMB Number: 3235-0145 Expires: October 31, 1997 Estimated average burden hours per form 14.90 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 3 )* INTERTAN, INC. (Name of Issuer) Common Stock, $1.00 Par Value (Title of Class of Securities) 461120 10 7 (CUSIP Number) Michael S. Katz, 2 American Lane, Greenwich, Connecticut 06836 (203) 861-8489 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February, 1997 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box . Check the following box if a fee is being paid with the statement . (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Continued on the Following Pages) Page 1 of 9 Pages SCHEDULE 13D CUSIP No. 461120 10 7 Page 2 of 9 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Sunrise Partners L.L.C. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS* WC, 00 5 CHECK BOX 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 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER Debentures convertible into 1,496,604 shares 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER Debentures convertible into 1,496,604 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Debentures convertible into 1,496,604 shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14 TYPE OF REPORTING PERSON* 00 *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 461120 10 7 Page 3 of 9 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Dawn General Partner Corp. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS* WC, 00 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER Debentures convertible into 1,496,604 shares 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER Debentures convertible into 1,496,604 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Debentures convertible into 1,496,604 shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14 TYPE OF REPORTING PERSON* 00 *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 461120 10 7 Page 4 of 9 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Paloma Partners 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS* WC, 00 5 CHECK BOX 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 BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER Debentures convertible into 1,496,604 shares 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER Debentures convertible into 1,496,604 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Debentures convertible into 1,496,604 shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14 TYPE OF REPORTING PERSON* 00 *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 461120 10 7 Page 5 of 9 Pages 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON S. Donald Sussman 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS* WC, 00 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 0 8 SHARED VOTING POWER Debentures convertible into 1,496,604 shares 9 SOLE DISPOSITIVE POWER 0 10 SHARED DISPOSITIVE POWER Debentures convertible into 1,496,604 shares 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Debentures convertible into 1,496,604 shares 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 14 TYPE OF REPORTING PERSON* IN *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION. SCHEDULE 13D CUSIP No. 461120 10 7 Page 6 of 9 Pages The Schedule 13D initially filed on September 23, 1993 by (i) River Road International, L.P., a Delaware limited partnership ("RRI"), (ii) River Road Capital Management, a Delaware general partnership, (iii) River Road Partners, a Connecticut general partnership, and (iv) Mr. S. Donald Sussman, relating to the Common Stock, par value $1.00 per share (the "Shares"), of InterTAN, Inc. (the "Company"), is hereby amended as follows: Item 2. Identity and Background. (a) In October 1994, RRI was merged into Sunrise Partners, L.P., a Delaware limited partnership and the predecessor to Sunrise Partners L.L.C., a Delaware limited liability company ("Sunrise"). Pursuant to the merger, the 9% Convertible Subordinated Debentures due August 30, 2000 (the "Debentures") owned by RRI were transferred to Sunrise. The Debentures may be deemed to be beneficially owned by (i) Sunrise, (ii) Dawn General Partner Corp., a Delaware corporation ("Dawn"), (iii) Paloma Partners L.L.C., a Delaware limited liability company ("PPC"), and (iv) Mr. Sussman, with respect to the Shares beneficially owned by each of the entities named in (i) through (iii) above. The member-managers of Paloma Partners L.L.C. are Dawn and PPC. Mr. Sussman is the sole director, executive officer and stockholder of Dawn. The member-managers of PPC are Mr. Sussman and Sundown Corp., a Delaware corporation ("Sundown"). Mr. Sussman is the sole director, executive officer and stockholder of Sundown. (b) The address of the principal business and principal office of Sunrise, Dawn, Paloma Partners L.L.C., PPC and Sundown and the business address of Mr. Sussman is 2 American Lane, Greenwich, Connecticut 06836. (c) The principal business of Sunrise is that of a private investment limited liability company engaged in the purchase and sale of securities for investment for its own account. The principal business of Dawn is to serve as member-manager of Sunrise. The principal business of Paloma Partners L.L.C. is that of a private investment limited liability company engaged in the purchase and sale of securities for investment for its own account. The principal business of PPC is to serve as a member- manager of Paloma Partners L.L.C. The principal business of Sundown is to serve as a member-manager of PPC. (d) None of Sunrise, Dawn, Paloma Partners L.L.C., PPC or Sundown has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). (e) None of Sunrise, Dawn, Paloma Partners L.L.C., PPC or Sundown has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 5. Interest in Securities of the Issuer. (a) As of the date hereof, Sunrise owns beneficially $12,605,000 principal amount (Cdn.) of Debentures. The Debentures are convertible into approximately 1,496,604 Shares (118.731 Shares per $1,000 principal amount). Assuming conversion of the Debentures, Sunrise would own approximately 1,496,604 Shares constituting approximately 11.65% of the outstanding Shares (based upon 12,845,901 Shares which would be outstanding upon conversion of the Debentures). Sunrise, Dawn, Paloma Partners L.L.C. and Mr. Sussman own no Shares or Debentures directly. By reason of the provisions of Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the "Act"), Sunrise, Dawn, Paloma Partners L.L.C. and Mr. Sussman may be deemed to own beneficially all of the Debentures owned by Sunrise and 1,496,604 Shares issuable upon conversion of the Debentures, or approximately 11.65% of the Shares outstanding. SCHEDULE 13D CUSIP No. 461120 10 7 Page 7 of 9 Pages The percentages used herein are calculated based upon the 11,349,297 Shares issued and outstanding at October 31, 1996 as stated by the Company in its Quarterly Report on Form 10-Q for its fiscal quarter ended September 30, 1996 as filed with the Securities and Exchange Commission by the Company on November 14, 1996 (which is the most recent document so filed by the Company). (b) Sunrise has the power to vote and to dispose of the Shares beneficially owned by it, which power may be exercised by its member-managers, Dawn and Paloma Partners L.L.C., in the case of Dawn, acting through Mr. Sussman, and in the case of Paloma Partners L.L.C., acting through its member-manager PPC, that acts through Mr. Sussman or Sundown, that, in turn, acts through Mr. Sussman. (c) On February 1, 1997, Sunrise made an in-kind distribution to a withdrawing member, that includes $2,212,000 principal amount (Cdn.) of the Debentures. No other transactions in the Debentures or the Shares were effected by any member of the Group during such period. (d) No person other than the respective owner referred to herein is known to have the right to receive or the power to direct the receipt of dividends from or proceeds of the sale of Shares. Item 7. Materials to be Filed as Exhibits. (a) There is filed herewith as Exhibit 1 a written agreement relating to the filing of joint acquisition statements as required by Rule 13d-1(f)(1) of the Act. SCHEDULE 13D CUSIP No. 461120 10 7 Page 8 of 9 Pages SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: February __, 1997 Sunrise Partners L.L.C. By: Dawn General Partner Corp., a member-manager By: __________________________ By: Paloma Partners L.L.C. By: Paloma Partners Company L.L.C., member-manager By: __________________________ ____________________________ S. Donald Sussman SCHEDULE 13D CUSIP No. 461120 10 7 Page 9 of 9 Pages EXHIBIT 1 JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13d-1(f)(1) The undersigned acknowledge and agree that the foregoing amendment to Schedule 13D on behalf of the undersigned and that all subsequent amendments to Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: February __, 1997. Sunrise Partners L.L.C. By: Dawn General Partner Corp., a member-manager By: __________________________ By: Paloma Partners L.L.C. By: Paloma Partners Company L.L.C., member-manager By: __________________________ ____________________________ S. Donald Sussman -----END PRIVACY-ENHANCED MESSAGE-----