-----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, GzZlaft4/8cwl+3CxvtgiKxQOiOnDYi0ZJbUm0j7dKjttvKhmO2DpBbRgXw8FSd1 lIDb3HuzfhJSWJgSWwIg2g== 0000890566-96-000631.txt : 19960614 0000890566-96-000631.hdr.sgml : 19960614 ACCESSION NUMBER: 0000890566-96-000631 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960613 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GALAXY CABLEVISION L P CENTRAL INDEX KEY: 0000809608 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 431429049 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41130 FILM NUMBER: 96580653 BUSINESS ADDRESS: STREET 1: 1220 N MAIN STREET 2: C/O GALAXY CABLEVISION MANAGEMENT INC CITY: SIKESTON STATE: MO ZIP: 63801 BUSINESS PHONE: 3144713080 MAIL ADDRESS: STREET 1: 1220 N MAIN CITY: SIKESTON STATE: MO ZIP: 63801 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIR TREE PARTNERS CENTRAL INDEX KEY: 0000939318 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 133745262 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1211 AVENUE OF THE AMERICAS STREET 2: 29TH FL CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2128276757 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 AMENDMENT NO. 1 TO SCHEDULE 13D Under the Securities Exchange Act of 1934 GALAXY CABLEVISION, L.P. (Name of issuer) LIMITED PARTNERSHIP UNITS (Title of class of securities) 363170101 (CUSIP number) FIR TREE PARTNERS 1211 Avenue of the Americas 29th Floor New York, New York 10036 Tel. No.: (212)398-3500 (Name, address and telephone number of person authorized to receive notices and communications) MARCH 20, 1996 (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 this statement. [ ] 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, as amended ("Act"), or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act. 1 CUSIP No. 456160100 - ------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSONS St. James Capital Corp. S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ] (b)[ ] - ------------------------------------------------------------------------------ 3 SEC USE ONLY - ------------------------------------------------------------------------------ 4 SOURCE OF FUNDS* AF, WC - ------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - ------------------------------------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION USA - ------------------------------------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER 188,200 SHARES ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER 0 OWNED BY ------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER 188,200 REPORTING ------------------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER 0 - ------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 188,200 - ------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES[ ] - ------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.8% - ------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON CO, IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT 2 AMENDMENT NO. 1 TO SCHEDULE 13D This Amendment No. 1 ("Amendment No. 1") to Schedule 13D is being filed on behalf of Fir Tree, Inc., a New York Corporation, doing business as Fir Tree Partners ("Fir Tree Partners"), and Mr. Jeffrey Tannenbaum ("Mr. Tannenbaum"), the sole shareholder, executive officer, director, and principal, as an amendment to the initial statement on Schedule 13D, relating to Limited Partnership Units of Galaxy Cablevision, L.P. (the "Issuer"), as filed with the Securities and Exchange Commission on December 21, 1995 (the "Initial Statement"). This Amendment No. 1 relates to Limited Partnership Units of the Issuer purchased by Fir Tree Partners for the account of the Fir Tree Value Fund, L.P. ("Fir Tree Value Fund"), of which Mr. Tannenbaum is the general partner. ITEM 1. SECURITY AND ISSUER Securities acquired: Shares of Limited Partnership Units Issuer:c/o Galaxy Cablevision Management, Inc. 1220 North Main Sikeston, MO 63801 Tel. No. (314)471-3080 ITEM 2. IDENTITY AND BACKGROUND Fir Tree, Inc., a New York corporation, doing business as Fir Tree Partners, provides investment management services to private individuals and institutions, and is located at 1211 Avenue of the Americas, 29th Floor, New York, NY 10036. Mr. Tannenbaum is the sole shareholder, executive officer, director and principal of Fir Tree Partners. Mr. Tannenbaum's principal occupation is investment management and he is a United States citizen. His business address is Fir Tree Partners, 1211 Avenue of the Americas, 29th Floor, New York, NY 10036. Neither Fir Tree Partners nor Mr. Tannenbaum has been convicted in a criminal proceeding during the last five years. Neither Fir Tree Partners nor Mr. Tannenbaum is and during the past five years was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result thereof, subject to any 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 3. SOURCE AND AMOUNT OF FUNDS Fir Tree Partners, through the Fir Tree Value Fund, invested $225,946 in Limited Partnership Units of the Issuer as described in Item 5 below, for a total investment of $598,061 for the Fir Tree Value Fund. The source of these funds was the working capital of the Fir Tree Value Fund. ITEM 4. PURPOSE OF THE TRANSACTION Fir Tree Partners and Mr. Tannenbaum acquired shares of Common Stock for portfolio investment purposes, and do not have any present plans or proposals that relate to or would result in any change in the business, policies, management, structure or capitalization of the Issuer. Fir Tree Partners and Mr. Tannenbaum reserve the right to acquire, or dispose of, additional securities of the Issuer, in the ordinary course of business, to the extent deemed advisable in light of its general investment and trading policies, market conditions or other factors. Fir Tree Partners may contact the Issuer and/or other shareholders regarding potential strategies to increase shareholder value. Other than as described above, neither Fir Tree Partners nor Mr. Tannenbaum has plans or proposals which would result in any of the following: 1) any extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries; 2) any sale or transfer of a material amount of assets of the issuer or any of its subsidiaries; 3) any change in the present board of directors or managers of the issuer; 4) any material change in the present capitalization or dividend policy of the issuer; 5) any other material change in the issuer's business or corporate structure; 6) any change in the issuer's charter, by-laws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person; 7) causing a class of securities of the issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an interdealer quotation system of a registered national securities association; 8) causing a class of securities of the issuer to become eligible for termination of registration pursuant to Section 12(g)(4) of the Act; or 9) any action similar to any of those enumerated above. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) Fir Tree Partners and Mr. Tannenbaum are beneficial owners of 188,200 shares of Common Stock of the Issuer or 8.8% of the shares outstanding. The 188,200 shares described above are beneficially owned by Fir Tree Partners and Mr. Tannenbaum for the account of the Fir Tree Value Fund. The number of shares beneficially owned by Fir Tree Partners and Mr. Tannenbaum and the percentage of outstanding shares represented thereby, have been computed in accordance with Rule 13d-3 under the Act. The percentage of beneficial ownership of Fir Tree Partners and Mr. Tannenbaum on June 4, 1996 is based on 2,142,000 outstanding shares of Common Stock as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended March 31, 1996. (b) Fir Tree Partners and Mr. Tannenbaum for the account of the Fir Tree Value Fund have the power to vote and dispose of the shares of Common Stock held for the Fir Tree Value Fund. (c) The transactions in the Issuer's securities by Fir Tree Partners during the last sixty days are listed as Annex A attached hereto and made apart hereof. (d) Not Applicable. (e) Not Applicable. ITEM 6. CONTRACTS, ARRANGEMENT, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER Not Applicable. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Not Applicable. ANNEX A - ------------------------------------------------------------------------------- Bought/ # Avg. Price/Share Date Sold Name Shares w/ Commission $ - ------------------------------------------------------------------------------- 1/30/96 Bought Total 1,300 3.2175 $4,182.75 - ------------------------------------------------------------------------------- 2/26/96 Bought Total 1,100 3.4050 $3,745.50 - ------------------------------------------------------------------------------- 2/27/96 Bought Total 800 3.4350 $2,748.00 - ------------------------------------------------------------------------------- 2/28/96 Bought Total 1,500 3.4050 $5,107.50 - ------------------------------------------------------------------------------- 2/29/96 Bought Total 3,700 3.4050 $12,598.50 - ------------------------------------------------------------------------------- 3/4/96 Bought Total 200 3.4050 $681.00 - ------------------------------------------------------------------------------- 3/5/96 Bought Total 1,000 3.4050 $3,405.00 - ------------------------------------------------------------------------------- 3/6/96 Bought Total 100 3.4050 $340.50 - ------------------------------------------------------------------------------- 3/14/96 Bought Total 500 3.4050 $1,702.50 - ------------------------------------------------------------------------------- 3/15/96 Bought Total 2,100 3.4050 $7,150.50 - ------------------------------------------------------------------------------- 3/18/96 Bought Total 1,000 3.4050 $3,405.00 - ------------------------------------------------------------------------------- 3/19/96 Bought Total 600 3.4050 $2,043.00 - ------------------------------------------------------------------------------- 3/20/96 Bought Total 4,700 3.4050 $16,003.50 - ------------------------------------------------------------------------------- 3/21/96 Bought Total 200 3.4050 $681.00 - ------------------------------------------------------------------------------- 3/25/96 Bought Total 500 3.4050 $1,702.50 - ------------------------------------------------------------------------------- 3/26/96 Bought Total 5,100 3.4038 $17,359.38 - ------------------------------------------------------------------------------- 3/27/96 Bought Total 2,300 3.3425 $7,687.75 - ------------------------------------------------------------------------------- 3/28/96 Bought Total 600 3.3425 $2,005.50 - ------------------------------------------------------------------------------- 3/29/96 Bought Total 900 3.3425 $3,008.25 - ------------------------------------------------------------------------------- 4/3/96 Bought Total 100 3.3425 $334.25 - ------------------------------------------------------------------------------- 4/8/96 Bought Total 400 3.3425 $1,337.00 - ------------------------------------------------------------------------------- 4/11/96 Bought Total 500 3.3425 $1,671.25 - ------------------------------------------------------------------------------- 4/12/96 Bought Total 1,100 3.3425 $3,676.75 - ------------------------------------------------------------------------------- 4/16/96 Bought Total 800 3.3425 $2,674.00 - ------------------------------------------------------------------------------- 4/17/96 Bought Total 5,000 3.3425 $16,712.50 - ------------------------------------------------------------------------------- 4/18/96 Bought Total 2,000 3.3425 $6,685.00 - ------------------------------------------------------------------------------- 4/19/96 Bought Total 2,900 3.3834 $9,811.86 - ------------------------------------------------------------------------------- 4/24/96 Bought Total 3,300 3.4050 $11,236.50 - ------------------------------------------------------------------------------- 4/26/96 Bought Total 400 3.4050 $1,362.00 - ------------------------------------------------------------------------------- 4/30/96 Bought Total 5,000 3.4050 $17,025.00 - ------------------------------------------------------------------------------- 5/1/96 Bought Total 500 3.4050 $1,702.50 - ------------------------------------------------------------------------------- 5/2/96 Bought Total 1,000 3.4050 $3,405.00 - ------------------------------------------------------------------------------- 5/3/96 Bought Total 1,000 3.4050 $3,405.00 - ------------------------------------------------------------------------------- 5/6/96 Bought Total 200 3.4050 $681.00 - ------------------------------------------------------------------------------- 5/7/96 Bought Total 400 3.4050 $1,362.00 - ------------------------------------------------------------------------------- 5/8/96 Bought Total 5,000 3.4050 $17,025.00 - ------------------------------------------------------------------------------- 5/14/96 Bought Total 1,000 3.4050 $3,405.00 - ------------------------------------------------------------------------------- 5/15/96 Bought Total 4,900 3.6550 $17,909.50 =============================================================================== TOTAL Total 63,700 $216,978.74 - ------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: June 10, 1996 Fir Tree, Inc. d/b/a/ Fir Tree Partners By:______________________________ JEFFREY TANNENBAUM, President ______________________________ Jeffrey Tannenbaum -----END PRIVACY-ENHANCED MESSAGE-----