-----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, TfLhc+K4VMEolmivL/Zatw/IsfVe6Kxu1Id/rvnjIpd4PADBCtvnvKwy4VMb/YJ+ 1e8pqacHTJM58ZjFTE6JHw== 0000897423-98-000104.txt : 19980506 0000897423-98-000104.hdr.sgml : 19980506 ACCESSION NUMBER: 0000897423-98-000104 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980505 SROS: NYSE GROUP MEMBERS: ACADIA ELECTRA PARTNERS, L.P. GROUP MEMBERS: ACADIA FW PARTNERS, L.P. GROUP MEMBERS: ACADIA MGP, INC. GROUP MEMBERS: ACADIA PARTNERS LP GROUP MEMBERS: ACADIA PARTNERS, L.P. GROUP MEMBERS: J. TAYLOR CRANDALL SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: IVEX PACKAGING CORP /DE/ CENTRAL INDEX KEY: 0000900367 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, FOIL & COATED PAPER BAGS [2673] IRS NUMBER: 760171625 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-53295 FILM NUMBER: 98610500 BUSINESS ADDRESS: STREET 1: 100 TRI STATE DR STREET 2: SUITE 200 CITY: LINCOLNSHIRE STATE: IL ZIP: 60069 BUSINESS PHONE: 7089459100 MAIL ADDRESS: STREET 1: 100 TRI STATE DRIVE STREET 2: SUITE 200 CITY: LINCOLNSHIRE STATE: IL ZIP: 60069 FORMER COMPANY: FORMER CONFORMED NAME: IVEX HOLDINGS CORP DATE OF NAME CHANGE: 19940920 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ACADIA PARTNERS LP CENTRAL INDEX KEY: 0001012390 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 752185106 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 201 MAIN STREET STREET 2: SUITE 3100 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817338800 MAIL ADDRESS: STREET 1: 201 MAIN STREET STREET 2: SUITE 3100 CITY: FORTH WORTH STATE: TX ZIP: 76102 SC 13G/A 1 IVEX PACKAGING CORPORATION - SCHED. 13G, AMEND. NO. 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Information Statement Pursuant to Rules 13d-1 and 13d-2 Under the Securities Exchange Act of 1934 (Amendment No. 1)* Ivex Packaging Corporation (Name of Issuer) Common Stock, Par Value $.01 Per Share (Title of Class of Securities) 465855104 (CUSIP Number) *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). **The total number of shares reported herein (exclusive of shares held by Controlling Persons as defined herein) is 210,911, which constitutes approximately 1.0% of the total number of shares outstanding. All ownership percentages set forth herein assume that there are 20,426,666 shares outstanding. 1. Name of Reporting Person: Acadia Partners, L.P. 2. Check the Appropriate Box if a Member of a Group: (a) / / (b) /X/ 3. SEC Use Only 4. Citizenship or Place of Organization: Delaware 5. Sole Voting Power: 210,911 (1)(2) Number of Shares Beneficially 6. Shared Voting Power: -0- Owned By Each Reporting 7. Sole Dispositive Power: 210,911 (1)(2) Person With 8. Shared Dispositive Power: -0- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 210,911 (2) 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: / / 11. Percent of Class Represented by Amount in Row (9): 1.0% 12. Type of Reporting Person: PN - -------------- (1) Power is exercised by its sole general partner, Acadia FW Partners, L.P., whose managing general partner is Acadia MGP, Inc., whose president is J. Taylor Crandall. (2) Solely in its capacity as sole general partner of Acadia Electra Partners, L.P. 1. Name of Reporting Person: Acadia Electra Partners, L.P. 2. Check the Appropriate Box if a Member of a Group: (a) / / (b) /X/ 3. SEC Use Only 4. Citizenship or Place of Organization: Texas 5. Sole Voting Power: 210,911 (1) Number of Shares Beneficially 6. Shared Voting Power: -0- Owned By Each Reporting 7. Sole Dispositive Power: 210,911 (1) Person With 8. Shared Dispositive Power: -0- 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 210,911 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: / / 11. Percent of Class Represented by Amount in Row (9): 1.0% 12. Type of Reporting Person: PN - -------------- (1) Power is exercised by its sole general partner, Acadia Partners, L.P., whose sole general partner is Acadia FW Partners, L.P., whose managing general partner is Acadia MGP, Inc., whose president is J. Taylor Crandall. Pursuant to Rule 13d-2(a) of Regulation 13D-G of the General Rules and Regulations under the Securities Exchange Act of 1934, as amended (the "Act"), the undersigned hereby amend their Schedule 13G Statement dated February 13, 1998, (the "Schedule 13G"), relating to the Common Stock, par value $.01 per share (the "Stock"), of Ivex Packaging Corporation. Unless otherwise indicated, all defined terms used herein shall have the same meanings ascribed to them in the Schedule 13G. Item 4. Ownership. Item 4 is hereby amended and restated in its entirety as follows: (a) - (b) Reporting Persons Acadia Because of its position as sole general partner of Acadia Electra, the aggregate number of shares of the Stock that Acadia owns beneficially, pursuant to Rule 13d-3 of the Act, is 210,911, which constitutes approximately 1.0% of the outstanding shares of the Stock. Acadia Electra The aggregate number of shares of the Stock that Acadia Electra owns beneficially, pursuant to Rule 13d-3 of the Act, is 210,911, which constitutes approximately 1.0% of the outstanding shares of the Stock. Controlling Persons Acadia FW Because of its position as the sole general partner of Acadia, Acadia FW may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of 210,911 shares of the Stock, which constitutes approximately 1.0% of the outstanding shares of the Stock. Acadia MGP Because of its position as the managing general partner of Acadia FW, Acadia MGP may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of 210,911 shares of the Stock, which, together with the 18,380 shares of the Stock that Acadia MGP directly beneficially owns, constitutes approximately 1.1% of the outstanding shares of the Stock. Crandall Because of his position as the President and sole stockholder of Acadia MGP, which is the managing general partner of Acadia FW, which is the sole general partner of Acadia, which is the sole general partner of Acadia Electra, Crandall may, pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of 229,291 shares of the Stock, which, together with the 36,259 shares of the Stock that Crandall directly beneficially owns, constitutes in the aggregate approximately 1.3% of the outstanding shares of the Stock. (c) Reporting Persons Acadia Acting through its sole general partner, and in its capacity as the sole general partner of Acadia Electra, Acadia has the sole power to vote or to direct the vote and to dispose or to direct the disposition of an aggregate of 210,911 shares of the Stock. Acadia Electra Acting through its sole general partner, Acadia Electra has the sole power to vote or to direct the vote and to dispose or to direct the disposition of 210,911 shares of the Stock. Controlling Persons Acadia FW In its capacity as the sole general partner of Acadia, and acting through its managing general partner, Acadia FW has the sole power to vote or to direct the vote and to dispose or to direct the disposition of 210,911 shares of the Stock. Acadia MGP Acadia MGP has the sole power to vote or to direct the vote and to dispose or to directthe disposition of 18,380 shares of the Stock. In addition, in its capacity as the managing general partner of Acadia FW, and acting through its president, Acadia MGP has the sole power to vote or to direct the vote and to dispose or to direct the disposition of 210,911 shares of the Stock. Crandall Crandall has the sole power to vote or to direct the vote and to dispose or direct the disposition of 36,259 shares of the Stock. In addition, in his capacity as the President and sole stockholder of Acadia MGP, which is the managing general partner of Acadia FW, which is the sole general partner of Acadia, which is the sole general partner of Acadia Electra, Crandall has the sole power to vote or to direct the vote and to dispose or direct the disposition of 229,291 shares of the Stock. Item 5. Ownership of Five Percent or Less of a Class. Item 5 is hereby amended and restated in its entirety as follows: This filing on Schedule 13G is for the purpose of reporting the fact that the Reporting Persons have ceased to be the beneficial owners of more than five percent (5%) of the outstanding shares of the Stock. After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. DATED: ACADIA PARTNERS, L.P. By: ACADIA FW PARTNERS, L.P., General Partner By: ACADIA MGP, INC., Managing General Partner By: /s/ W.R. Cotham W.R. Cotham, Vice President ACADIA ELECTRA PARTNERS, L.P. By: ACADIA PARTNERS, L.P. General Partner By: ACADIA FW PARTNERS, L.P., General Partner By: ACADIA MGP, INC., Managing General Partner By: /s/ W.R. Cotham W.R. Cotham, Vice President EX-99.1 2 JOINT FILING AGREEMENT FOR SCHED. 13G, AMEND. NO. 1 Exhibit 99.1 Pursuant to Rule 13d-1(k)(1)(iii) of Regulation 13D-G of the General Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agree that the statement to which this Exhibit is attached is filed on behalf of each of them in the capacities set forth below. ACADIA PARTNERS, L.P. By: ACADIA FW PARTNERS, L.P., General Partner By: ACADIA MGP, INC., Managing General Partner By: /s/ W.R. Cotham W.R. Cotham, Vice President ACADIA ELECTRA PARTNERS, L.P. By: ACADIA PARTNERS, L.P. General Partner By: ACADIA FW PARTNERS, L.P., General Partner By: ACADIA MGP, INC., Managing General Partner By: /s/ W.R. Cotham W.R. Cotham, Vice President -----END PRIVACY-ENHANCED MESSAGE-----