-----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, GZ1D5lTAFQ9+y3jNsKNy1SSM5mHuP5oDmBKerlc8IAt4Uzokxnhjj45fgUY51IBc a2juOfA3VBmisSasZm3A5w== 0000950142-98-000382.txt : 19980515 0000950142-98-000382.hdr.sgml : 19980515 ACCESSION NUMBER: 0000950142-98-000382 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980514 SROS: NYSE GROUP MEMBERS: DAVIDSON KEMPNER ADVISERS INC. GROUP MEMBERS: DAVIDSON KEMPNER ENDOWMENT PARTNERS GROUP MEMBERS: DAVIDSON KEMPNER INSTITUTIONAL PARTNERS, L.P. GROUP MEMBERS: DAVIDSON KEMPNER INTERNATIONAL ADVISORS, L.L.C. GROUP MEMBERS: DAVIDSON KEMPNER INTERNATIONAL LTD. GROUP MEMBERS: DAVIDSON KEMPNER PARTNERS GROUP MEMBERS: DAVIDSON M H & CO INC/ GROUP MEMBERS: M.H. DAVIDSON & CO. GROUP MEMBERS: MARVIN H. DAVIDSON GROUP MEMBERS: MHD MANAGEMENT CO. GROUP MEMBERS: MICHAEL J. LEFFELL GROUP MEMBERS: SCOTT E. DAVIDSON GROUP MEMBERS: STEPHEN M. DOWICZ GROUP MEMBERS: THOMAS L. KEMPNER, JR. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: RAYTECH CORP CENTRAL INDEX KEY: 0000797917 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490] IRS NUMBER: 061182033 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-37895 FILM NUMBER: 98619770 BUSINESS ADDRESS: STREET 1: ONE CORPORATE DR STE 512 CITY: SHELTON STATE: CT ZIP: 06484 BUSINESS PHONE: 2039258023 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DAVIDSON M H & CO INC/ CENTRAL INDEX KEY: 0000937617 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 885 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2123713000 MAIL ADDRESS: STREET 2: 885 THIRD AVE SUITE 810 CITY: NEW YORK STATE: NY ZIP: 10022-4834 SC 13D 1 SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ----------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 (AMENDMENT NO. ) ----------------------- RAYTECH CORPORATION (Name of Issuer) Common Stock par value $1.00 per share (Title of Class of Securities) 755103108 (CUSIP Number) ----------------------- TIMOTHY I. LEVART 885 THIRD AVENUE NEW YORK, NY 10022 TEL. NO.: (212) 371-3813 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) ----------------------- MAY 8, 1998 (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 statement because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Page 1 of 32 Pages SCHEDULE 13D CUSIP NO. 755103108 PAGE 2 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Davidson Kempner Partners 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York 7 SOLE VOTING POWER NUMBER OF 48,000 SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON -- WITH 9 SOLE DISPOSITIVE POWER 48,000 10 SHARED DISPOSITIVE POWER -- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 48,000 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.46% 14 TYPE OF REPORTING PERSON PN SCHEDULE 13D CUSIP NO. 755103108 PAGE 3 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Davidson Kempner Institutional Partners, L.P. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 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 7 SOLE VOTING POWER NUMBER OF 81,600 SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON -- WITH 9 SOLE DISPOSITIVE POWER 81,600 10 SHARED DISPOSITIVE POWER -- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 81,600 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.48% 14 TYPE OF REPORTING PERSON PN SCHEDULE 13D CUSIP NO. 755103108 PAGE 4 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Davidson Kempner Endowment Partners 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York 7 SOLE VOTING POWER NUMBER OF 15,100 SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON -- WITH 9 SOLE DISPOSITIVE POWER 15,100 10 SHARED DISPOSITIVE POWER -- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 15,100 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .46% 14 TYPE OF REPORTING PERSON PN SCHEDULE 13D CUSIP NO. 755103108 PAGE 5 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON MHD Management Co. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS AF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York 7 SOLE VOTING POWER NUMBER OF 63,100 SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON -- WITH 9 SOLE DISPOSITIVE POWER 63,100 10 SHARED DISPOSITIVE POWER -- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 63,100 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.92% 14 TYPE OF REPORTING PERSON PN SCHEDULE 13D CUSIP NO. 755103108 PAGE 6 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON M.H. Davidson & Co. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York 7 SOLE VOTING POWER NUMBER OF 3,400 SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON -- WITH 9 SOLE DISPOSITIVE POWER 3,400 10 SHARED DISPOSITIVE POWER -- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,400 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .10% 14 TYPE OF REPORTING PERSON PN SCHEDULE 13D CUSIP NO. 755103108 PAGE 7 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Davidson Kempner Advisers Inc. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS AF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York 7 SOLE VOTING POWER NUMBER OF 81,600 SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON -- WITH 9 SOLE DISPOSITIVE POWER 81,600 10 SHARED DISPOSITIVE POWER -- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 81,600 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.48% 14 TYPE OF REPORTING PERSON CO SCHEDULE 13D CUSIP NO. 755103108 PAGE 8 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Davidson Kempner International Ltd. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] 6 CITIZENSHIP OR PLACE OF ORGANIZATION British Virgin Islands 7 SOLE VOTING POWER NUMBER OF 18,500 SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON -- WITH 9 SOLE DISPOSITIVE POWER 18,500 10 SHARED DISPOSITIVE POWER -- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,500 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .56% 14 TYPE OF REPORTING PERSON CO SCHEDULE 13D CUSIP NO. 755103108 PAGE 9 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Davidson Kempner International Advisers, L.L.C. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS AF 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 7 SOLE VOTING POWER NUMBER OF 18,500 SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON -- WITH 9 SOLE DISPOSITIVE POWER 18,500 10 SHARED DISPOSITIVE POWER -- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 18,500 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .56% 14 TYPE OF REPORTING PERSON CO SCHEDULE 13D CUSIP NO. 755103108 PAGE 10 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Marvin H. Davidson 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS AF 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 7 SOLE VOTING POWER NUMBER OF -- SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON 166,600 WITH 9 SOLE DISPOSITIVE POWER -- 10 SHARED DISPOSITIVE POWER 166,600 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 166,600 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.07% 14 TYPE OF REPORTING PERSON IN SCHEDULE 13D CUSIP NO. 755103108 PAGE 11 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Thomas L. Kempner, Jr. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS AF, PF 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 7 SOLE VOTING POWER NUMBER OF -- SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON 172,500 WITH 9 SOLE DISPOSITIVE POWER -- 10 SHARED DISPOSITIVE POWER 172,500 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 167,600 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.25% 14 TYPE OF REPORTING PERSON IN SCHEDULE 13D CUSIP NO. 755103108 PAGE 12 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Stephen M. Dowicz 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS AF 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 7 SOLE VOTING POWER NUMBER OF -- SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON 169,100 WITH 9 SOLE DISPOSITIVE POWER -- 10 SHARED DISPOSITIVE POWER 169,100 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 166,600 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.15% 14 TYPE OF REPORTING PERSON IN SCHEDULE 13D CUSIP NO. 755103108 PAGE 13 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Scott E. Davidson 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS AF 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 7 SOLE VOTING POWER NUMBER OF -- SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON 169,100 WITH 9 SOLE DISPOSITIVE POWER -- 10 SHARED DISPOSITIVE POWER 169,100 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 166,600 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.15% 14 TYPE OF REPORTING PERSON IN SCHEDULE 13D CUSIP NO. 755103108 PAGE 14 OF 32 PAGES --------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Michael J. Leffell 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [X] (B) [ ] 3 SEC USE ONLY 4 SOURCE OF FUNDS AF 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 7 SOLE VOTING POWER NUMBER OF -- SHARES BENEFICIALLY OWNED 8 SHARED VOTING POWER BY EACH REPORTING PERSON 169,100 WITH 9 SOLE DISPOSITIVE POWER -- 10 SHARED DISPOSITIVE POWER 169,100 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 166,600 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [X] 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.15% 14 TYPE OF REPORTING PERSON IN SCHEDULE 13D CUSIP No. 755103108 Page 15 of 32 Pages --------- Item 1. Security and Issuer. This Schedule relates to the Common Stock (the "Common Stock"), par value $1.00 per share, of Raytech Corporation (the "Company"). The principal executive offices of the Company are located at Suite 512, One Corporate Drive, Shelton, Connecticut 06484. Item 2. Identity and Background. The names and addresses of the persons filing this Schedule are as follows: Davidson Kempner Partners ("DKP"), a New York limited partnership, whose address is 885 Third Avenue, New York, New York, 10022, and which is engaged in buying and selling securities for investment purposes; Davidson Kempner Institutional Partners, L.P. ("DKIP"), a Delaware limited partnership, whose address is 885 Third Avenue, New York, New York, 10022, and which is engaged in buying and selling securities for investment purposes; Davidson Kempner Endowment Partners ("DKEP"), a New York limited partnership, whose address is 885 Third Avenue, New York, New York, 10022, and which is engaged in buying and selling securities for investment purposes; MHD Management Co. ("MHD"), a New York limited partnership, the general partner of DKP and DKEP whose address is 885 Third Avenue, New York, New York, 10022, and which is engaged in buying and selling securities for investment purposes; M.H. Davidson & Co., a New York limited partnership whose address is 885 Third Avenue, New York, New York, 10022, and which is engaged in buying and selling securities for investment purposes; Davidson Kempner Advisers Inc. ("DKAI"), a New York corporation, whose address is 885 Third Avenue, New York, New York, 10022, and which is engaged in buying and selling securities for investment purposes. DKAI is the general partner of DKIP; SCHEDULE 13D CUSIP No. 755103108 Page 16 of 32 Pages --------- Davidson Kempner International Ltd. ("DKIL"), a British Virgin Islands company, whose address is c/o Citco B.V.I. Limited, Citco Building, Wickhams Cay, P.O. Box 662, Road Town, Tortolla British Virgin Islands, and which is engaged in buying and selling securities for investment purposes; Davidson Kempner International Advisors, L.L.C. ("DKIA"), a Delaware limited liability company, whose address is 885 Third Avenue, New York, New York 10022, and which is the investment manager of DKIL; and Marvin H. Davidson, Thomas L. Kempner, Jr., Stephen M. Dowicz, Scott E. Davidson and Michael J. Leffell, general partners of MHD and M.H. Davidson & Co. and who are the sole stockholders of DKAI. Information in response to Items (a) through (c) and (f) with respect to Messrs. Marvin H. Davidson, Kempner, Dowicz, Scott E. Davidson and Leffell is set forth in Appendix I, attached hereto and incorporated by reference herein. The above named persons are sometimes referred to as the "Reporting Persons." None of the Reporting Persons has, during the last five years, been (i) convicted in a criminal proceeding or (ii) a party to a civil proceeding of a judicial or adminis trative body of competent jurisdiction as a result of which such person was 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. Certain information concerning the officers and directors of DKAI and DKIA is set forth on Appendix I hereto and incorporated by reference herein. Item 3. Source and Amount of Funds or Other Consideration Working capital of DKP, DKIP, DKEP, MHD and DKIL. Item 4. Purpose of the Transaction. DKP, DKIP, DKEP, MHD and DKIL have acquired the shares of Common Stock for investment purposes. DKP, DKIP, DKEP, MHD and DKIL have no intention, plan or proposal with respect to: SCHEDULE 13D CUSIP No. 755103108 Page 17 of 32 Pages --------- (a) The acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the issuer or any of its subsidiaries; (d) Any change in the present Board of Directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) Any material change in the present capitalization or dividend policy of the issuer; (f) Any other material change in the issuer's business or corporate structure, including but not limited to, if the issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940; (g) Changes in the issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person; (h) 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 inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or (j) Any action similar to any of those enumerated above. SCHEDULE 13D CUSIP No. 755103108 Page 18 of 32 Pages --------- Each of the Reporting Persons, however, may, at any time and from time to time, and reserves the right to, acquire additional securities of the Company, dispose of any such securities of the Company or formulate other plans or proposals regarding the Company or its securities, to the extent deemed advisable by such Reporting Person in light of its general investment policies, market conditions or other factors. Item 5. Interest in Securities of the Issuer. The aggregate percentage of Common Stock reported owned by each person herein is based upon the Issuer's Form 10-K filed on March 18, 1998, which disclosed that 3,285,308 Shares of Common Stock were outstanding at the close of business on March 16, 1998. As of the close of business on May 8, 1998: Name of Reporting Party: DKP (a) Aggregate Number of Securities Owned 48,000 Percentage 1.46% (b) 1. Sole power to vote or to direct the vote 48,000 2. Shared power to vote or to direct the vote -- 3. Sole power to dispose or to direct the disposition 48,000 4. Shared power to dispose of or to direct the disposition -- (c) Information concerning transactions in the Common Stock effected by DKP is set forth in Appendix II. DKIP (a) Aggregate Number of Securities Owned 81,600 Percentage 2.48% SCHEDULE 13D CUSIP No. 755103108 Page 19 of 32 Pages --------- (b) 1. Sole power to vote or to direct the vote 81,600 2. Shared power to vote or to direct the vote -- 3. Sole power to dispose or to direct the disposition 81,600 4. Shared power to dispose of or to direct the disposition -- (c) Information concerning transactions in the Common Stock effected by DKIP is set forth in Appendix II. DKEP (a) Aggregate Number of Securities Owned 15,100 Percentage .46% (b) 1. Sole power to vote or to direct the vote 15,100 2. Shared power to vote or to direct the vote -- 3. Sole power to dispose or to direct the disposition 15,100 4. Shared power to dispose of or to direct the disposition -- (c) Information concerning transactions in the Common Stock effected by DKEP is set forth in Appendix II. MHD Management Co. (a) Aggregate Number of Securities Owned 63,100 (b) Percentage 1.92% 1. Sole power to vote or to direct the vote 63,100 2. Shared power to vote or to direct the vote -- SCHEDULE 13D CUSIP No. 755103108 Page 20 of 32 Pages --------- 3. Sole power to dispose or to direct the disposition 63,100 4. Shared power to direct the disposition -- M.H. Davidson & Co. (a) Aggregate Number of Securities Owned 3,400 (b) Percentage .10% 1. Sole power to vote or to direct the vote 3,400 2. Shared power to vote or to direct the vote -- 3. Sole power to dispose or to direct the disposition 3,400 4. Shared power to direct the disposition -- (c) Information concerning transactions in the Common Stock effected by M.H. Davidson & Co. is set forth in Appendix II. Davidson Kempner Advisers Inc. (a) Aggregate Number of Securities Owned 81,600 (b) Percentage 2.48% 1. Sole Power to vote or to direct the vote 81,600 2. Shared Power to vote or to direct the vote -- 3. Sole power to dispose or to direct the dispositions 81,600 4. Shared power to direct the disposition -- SCHEDULE 13D CUSIP No. 755103108 Page 21 of 32 Pages --------- Davidson Kempner International Ltd. (a) Aggregate Number of Securities Owned 18,500 (b) Percentage .56% 1. Sole power to vote or to direct the vote 18,500 2. Shared power to vote or to direct the vote -- 3. Sole power to dispose or to direct the disposition 18,500 4. Shared power to direct the disposition -- (c) Information concerning transactions in the Common Stock effected by DKIL is set forth in Appendix II. DKIA (a) Aggregate Number of Securities Owned 18,500 (b) Percentage .56% 1. Sole power to vote or to direct the vote 18,500 2. Shared power to vote or to direct the vote -- 3. Sole power to dispose or to direct the disposition 18,500 4. Shared power to direct the disposition -- Marvin H. Davidson (a) Aggregate Number of Securities Owned 166,600 (b) Percentage 5.07% 5. Sole Power to vote or to direct the vote -- 6. Shared Power to vote or to direct the vote 166,600 SCHEDULE 13D CUSIP No. 755103108 Page 22 of 32 Pages --------- 7. Sole power to dispose or to direct the dispositions -- 8. Shared power to direct the disposition 166,600 Thomas L. Kempner, Jr. (a) Aggregate Number of Securities Owned 167,600*/ **/ (b) Percentage 5.25% 1. Sole Power to vote or to direct the vote -- 2. Shared Power to vote or to direct the vote 172,500 3. Sole power to dispose or to direct the disposition -- 4. Shared power to direct the disposition 172,500 Stephen M. Dowicz (a) Aggregate Number of Securities Owned 166,600*/ (b) Percentage 5.15% 1. Sole Power to vote or to direct the vote -- 2. Shared Power to vote or to direct the vote 169,100 - -------- */ Excludes 2,500 shares held by the M.H. Davidson & Co., Inc. 401(k) Plan, of which Messrs. Kempner, Leffell, Dowicz and Scott Davidson are the Trustees. Each of Messrs. Kempner, Leffell, Dowicz and Scott Davidson disclaims beneficial ownership of such shares except to the extent of such persons interest in such 401(k) Plan. **/ Excludes 2,400 shares held by entities for the benefit of Mr. Kempner's children and certain charities. Mr. Kempner disclaims beneficial ownership of such shares. SCHEDULE 13D CUSIP No. 755103108 Page 23 of 32 Pages --------- 3. Sole power to dispose or to direct the disposition -- 4. Shared power to direct the disposition 169,100 Scott E. Davidson (a) Aggregate Number of Securities Owned 166,600*/ (b) Percentage 5.15% 1. Sole Power to vote or to direct the vote -- 2. Shared Power to vote or to direct the vote 169,100 3. Sole power to dispose or to direct the disposition -- 4. Shared power to direct the disposition 169,100 Michael J. Leffell (a) Aggregate Number of Securities Owned 166,600*/ (b) Percentage 5.15% 1. Sole Power to vote or to direct the vote -- 2. Shared Power to vote or to direct the vote 169,100 3. Sole power to dispose or to direct the disposition -- 4. Shared power to direct the disposition 169,100 - -------- */ Excludes 2,500 shares held by the M.H. Davidson & Co., Inc. 401(k) Plan, of which Messrs. Kempner, Leffell, Dowicz and Scott Davidson are the Trustees. Each of Messrs. Kempner, Leffell, Dowicz and Scott Davidson disclaims beneficial ownership of such shares except to the extent of such persons interest in such 401(k) Plan. SCHEDULE 13D CUSIP No. 755103108 Page 24 of 32 Pages --------- Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer None. Item 7. Material to be Filed as Exhibits Exhibit 1: Agreement relating to the filing of joint acquisition statements as required by Rule 13d-1(F)(1) under the Securities Exchange Act of 1934, as amended. SCHEDULE 13D CUSIP No. 755103108 Page 25 of 32 Pages --------- SIGNATURES 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. May 14, 1998 DAVIDSON KEMPNER PARTNERS By MHD Management Co., its general partner By: /s/ Thomas L. Kempner, Jr ----------------------------- Thomas L. Kempner, Jr. General Partner DAVIDSON KEMPNER INSTITUTIONAL PARTNERS, L.P. By Davidson Kempner Advisers Inc., its general partner By: /s/ Thomas L. Kempner, Jr ----------------------------- Thomas L. Kempner, Jr. Secretary SCHEDULE 13D CUSIP No. 755103108 Page 26 of 32 Pages --------- DAVIDSON KEMPNER ENDOWMENT PARTNERS By MHD Management Co., its general partner By: /s/ Thomas L. Kempner, Jr. ------------------------------ Thomas L. Kempner, Jr. General Partner MHD MANAGEMENT CO. By: /s/ Thomas L. Kempner, Jr. ------------------------------ Thomas L. Kempner, Jr. General Partner DAVIDSON KEMPNER ADVISERS INC. By: /s/ Thomas L. Kempner, Jr. ------------------------------ Thomas L. Kempner, Jr. Secretary DAVIDSON KEMPNER INTERNATIONAL LTD. By Davidson Kempner International Advisors, LLC By: /s/ Thomas L. Kempner, Jr. ------------------------------ Thomas L. Kempner, Jr. A Managing Member DAVIDSON KEMPNER INTERNATIONAL ADVISORS, LLC By: /s/ Thomas L. Kempner, Jr. ------------------------------ Thomas L. Kempner, Jr. A Managing Member SCHEDULE 13D CUSIP No. 755103108 Page 27 of 32 Pages --------- /s/ Marvin H. Davidson ---------------------- Marvin H. Davidson /s/ Thomas L. Kempner, Jr. -------------------------- Thomas L. Kempner, Jr. /s/ Stephen M. Dowicz --------------------- Stephen M. Dowicz /s/ Scott E. Davidson --------------------- Scott E. Davidson /s/ Michael J. Leffell ---------------------- Michael J. Leffell SCHEDULE 13D CUSIP No. 755103108 Page 28 of 32 Pages --------- APPENDIX I Davidson Kempner Advisers Inc. and Davidson Kempner International Advisors LLC Present Principal Occupation Name and Position and Business Address - ----------------- ---------------------------- Marvin H. Davidson Investment Advisor DKAI - President 885 Third Avenue DKIA - Executive Managing New York, NY 10022 Member Stephen M. Dowicz Investment Advisor DKAI - Treasurer 885 Third Avenue DKIA - Managing Member New York, NY 10022 Thomas L. Kempner, Jr. Investment Advisor DKAI - Secretary 885 Third Avenue DKIA - Managing Member New York, NY 10022 Scott E. Davidson Investment Advisor DKAI - Managing Director 885 Third Avenue DKIA - Managing Member New York, NY 10022 Michael J. Leffell Investment Advisor DKAI - Managing Director 885 Third Avenue DKIA - Managing Member New York, NY 10022 SCHEDULE 13D CUSIP No. 755103108 Page 29 of 32 Pages --------- APPENDIX II Raytech Corporation Transaction Schedule For the sixty-day period ending May 8, 1998
Where/How Transaction Date Quantity Price/Share Buy/Sell Affected ---- -------- ----------- -------- -------- 4/24/98 68,300 5.071 Buy Open Market 4/27/98 7,900 5.3149 Buy Open Market 4/28/98 1,000 5.00 Buy Open Market 4/29/98 800 5.00 Buy Open Market 4/30/98 40,000 5.25 Buy Open Market 5/1/98 20,000 5.00 Buy Open Market 5/4/98 5,000 5.00 Buy Open Market 5/5/98 1,000 5.00 Buy Open Market 5/8/98 1,600 5.00 Buy Open Market
EX-1 2 EXHIBIT 1 SCHEDULE 13D CUSIP No. 755103108 Page 30 of 32 Pages --------- EXHIBIT 1 to SCHEDULE 13D JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13D-(f)(1) The undersigned acknowledge and agree that the foregoing statement on Schedule 13D is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on 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, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is accurate. Dated: May 14, 1998 DAVIDSON KEMPNER PARTNERS By MHD Management Co., its general partner By: /s/ Thomas L. Kempner, Jr ----------------------------- Thomas L. Kempner, Jr. General Partner DAVIDSON KEMPNER INSTITUTIONAL PARTNERS, L.P. By Davidson Kempner Advisers Inc., its general partner By: /s/ Thomas L. Kempner, Jr ----------------------------- Thomas L. Kempner, Jr. Secretary SCHEDULE 13D CUSIP No. 755103108 Page 31 of 32 Pages --------- DAVIDSON KEMPNER ENDOWMENT PARTNERS By MHD Management Co., its general partner By: /s/ Thomas L. Kempner, Jr. ------------------------------ Thomas L. Kempner, Jr. General Partner MHD MANAGEMENT CO. By: /s/ Thomas L. Kempner, Jr. ------------------------------ Thomas L. Kempner, Jr. General Partner DAVIDSON KEMPNER ADVISERS INC. By: /s/ Thomas L. Kempner, Jr. ------------------------------ Thomas L. Kempner, Jr. Secretary DAVIDSON KEMPNER INTERNATIONAL LTD. By Davidson Kempner International Advisors, LLC By: /s/ Thomas L. Kempner, Jr. ------------------------------ Thomas L. Kempner, Jr. A Managing Member DAVIDSON KEMPNER INTERNATIONAL ADVISORS, LLC By: /s/ Thomas L. Kempner, Jr. ------------------------------ Thomas L. Kempner, Jr. A Managing Member SCHEDULE 13D CUSIP No. 755103108 Page 32 of 32 Pages --------- /s/ Marvin H. Davidson ---------------------- Marvin H. Davidson /s/ Thomas L. Kempner, Jr. -------------------------- Thomas L. Kempner, Jr. /s/ Stephen M. Dowicz --------------------- Stephen M. Dowicz /s/ Scott E. Davidson --------------------- Scott E. Davidson /s/ Michael J. Leffell ---------------------- Michael J. Leffell -----END PRIVACY-ENHANCED MESSAGE-----