-----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, Qn58touO6rhaduhT68hFiKoks3W9SU+fVIyi/cVqnN+N0Y/wsoKsdA8xkHikiQA6 rgQQgnI2DlgBWUDYO1qXxA== 0000918134-97-000042.txt : 19971205 0000918134-97-000042.hdr.sgml : 19971205 ACCESSION NUMBER: 0000918134-97-000042 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971204 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SAVANNAH FOODS & INDUSTRIES INC CENTRAL INDEX KEY: 0000086941 STANDARD INDUSTRIAL CLASSIFICATION: SUGAR & CONFECTIONERY PRODUCTS [2060] IRS NUMBER: 581089367 STATE OF INCORPORATION: DE FISCAL YEAR END: 0929 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-12246 FILM NUMBER: 97732469 BUSINESS ADDRESS: STREET 1: P O BOX 339 CITY: SAVANNAH STATE: GA ZIP: 31402 BUSINESS PHONE: 9122341261 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BEAR STEARNS & CO INC /NY/ CENTRAL INDEX KEY: 0000918134 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 133299429 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 115 SOUTH JEFFERSON RD CITY: WHIPPANY STATE: NJ ZIP: 07981 BUSINESS PHONE: 2017392202 MAIL ADDRESS: STREET 1: 115 SOUTH JEFFERSON RD CITY: WHIPPANY STATE: NJ ZIP: 07981 SC 13D/A 1 Page 1 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1 ) Savannah Foods & Industries, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 804795102 (CUSIP Number) Charles A. Nalbone, Bear, Stearns & Co. Inc. 115 South Jefferson Road, Whippany, NJ 07981 (201) 739-2202 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 27, 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 this 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: When filing this statement, in paper format, six copies of this statement, including exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. Page 2 CUSIP NO. 804795102 13D NAME OF REPORTING PERSON S.S. OR I.R.S. NOTIFICATION NO. OF ABOVE PERSON: 1 BEAR, STEARNS & CO. INC. IRS #13-3299429 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*: (a) [ ] (b) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS*: WC,PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d)(e): [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware 7 SOLE VOTING POWER: 80,796 8 SHARED VOTING POWER: 23,170 9 SOLE DISPOSITIVE POWER: 80,796 10 SHARED DISPOSITIVE POWER: 23,170 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 103,966 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*: [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.4 14 TYPE OF REPORTING PERSON*: BD See Instructions Before Filling Out! Page 3 Schedule 13D Amendment No. 1 This statement constitutes Amendment No. 1 to the statement on Schedule 13D (the "Schedule 13D") filed with the Securities and Exchange Commission by Bear, Stearns & Co. Inc. ("Bear Stearns") with respect to its ownership of the Common Shares of Savannah Foods & Industries, Inc. (the "Issuer"). Item 3: Source and Amount of Funds or Other Consideration Working capital of Bear Stearns. The aggregate purchase price of the 1,682,770 Common Shares of the Issuer referred to in Item 5(c) hereof was approximately $29,869,168.00. Item 5: Interest in Securities of the Issuer (as of 10/27/97) (a) The responses of Bear Stearns to Rows (11) through (13) of the cover page of this Amendment No. 1 to Schedule 13D are incorporated herein by reference. To the best of Bear Stearns' knowledge, none of its executive officers or directors beneficially own any Common Stock of the Issuer. (b) The responses of Bear Stearns to Rows (7) through (10) of the cover page of this Amendment No. 1 to Schedule 13D are incorporated herein by reference. (c) Since the date of its amended filing on Schedule 13D, Bear Stearns has effected transactions in the Common Shares of the Issuer. The details of these transactions are set forth in Appendix attached hereto. (d) Not Applicable. (e) Through October 27, 1997, Bear Stearns sold 581,487 shares of Savannah Foods & Industries, Inc. Accordingly, Bear Stearns ceased to be the beneficial owner of more than five percent of the Common Stock of the Issuer since the date of its amended filing. Page 4 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: December 4, 1997 BEAR, STEARNS & CO. INC. By: /s/ Steven D.Meyer Senior Managing Director APPENDIX I BEAR, STEARNS & CO. INC. Savannah Foods & Industries, Inc. Trades from 10/24/97 through 10/27/97 (Various Firm Accounts) ***** 10/27 ***** 40,000- SAVANNAH FOODS & INDUSTRIES 18 1/4 730,000.00- 85,000- SAVANNAH FOODS & INDUSTRIES 18 1/4 1,551,250.00- 100,000- SAVANNAH FOODS & INDUSTRIES 18 1/4 1,825,000.00- 131,488- SAVANNAH FOODS & INDUSTRIES 18 1/4 2,399,656.00- 225,000- SAVANNAH FOODS & INDUSTRIES 18 1/4 4,106,250.00- 865,112- SAVANNAH FOODS & INDUSTRIES TEN OH 17,518,518.00- ***** 10/24 ***** 120,204- SAVANNAH FOODS & INDUSTRIES TEN OP 2,434,131.00 2,081- SAVANNAH FOODS & INDUSTRIES TEN OP 42,140.25- (Various Discretionary Accounts) ***** 10/24 ***** 299- SAVANNAH FOODS & INDUSTRIES TEN OP 6,054.75- 299- SAVANNAH FOODS & INDUSTRIES TEN OP 6,054.75- 389- SAVANNAH FOODS & INDUSTRIES TEN OP 7,877.25- 4,683- SAVANNAH FOODS & INDUSTRIES TEN OP 94,830.75- 323- SAVANNAH FOODS & INDUSTRIES TEN OP 6,540.75- 718- SAVANNAH FOODS & INDUSTRIES TEN OP 14,539.50- 837- SAVANNAH FOODS & INDUSTRIES TEN OP 16,949.25- 251- SAVANNAH FOODS & INDUSTRIES TEN OP 5,082.75- 270- SAVANNAH FOODS & INDUSTRIES TEN OP 5,467.50- 837- SAVANNAH FOODS & INDUSTRIES TEN OP 16,949.25- 2,810- SAVANNAH FOODS & INDUSTRIES TEN OP 56,902.50- 841- SAVANNAH FOODS & INDUSTRIES TEN OP 17,030.25- 19,151- SAVANNAH FOODS & INDUSTRIES TEN OP 387,807.75- 686- SAVANNAH FOODS & INDUSTRIES TEN OP 13,891.50- -----END PRIVACY-ENHANCED MESSAGE-----