-----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, TiC1TLJIw4DmtJ5yBfgI+WMJAoChifz5fUeaz094tQsIL5rlBIo+k8aXTBI6StST zTMeLZg9YhCB+fVCuvRsLw== 0000938775-98-000011.txt : 19980317 0000938775-98-000011.hdr.sgml : 19980317 ACCESSION NUMBER: 0000938775-98-000011 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980316 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRIAD PARK LLC CENTRAL INDEX KEY: 0001037037 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 943264115 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-51409 FILM NUMBER: 98566290 BUSINESS ADDRESS: STREET 1: 3055 TRIAD DR CITY: LIVERMORE STATE: CA ZIP: 94550 BUSINESS PHONE: 5104490606 MAIL ADDRESS: STREET 1: 3055 TRIAD DRIVE CITY: LIVERMORE STATE: CA ZIP: 94550 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BLUM RICHARD C & ASSOCIATES L P CENTRAL INDEX KEY: 0000938775 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 943205364 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 909 MONTGOMERY STREET # 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 MAIL ADDRESS: STREET 1: 909 MONTGOMERY STREET STREET 2: SUITE 400 CITY: SAN FRANCISCO STATE: CA ZIP: 94133 SC 13D/A 1 ` UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 4)* TRIAD PARK, LLC --------------- (Name of Issuer) Membership Interests, no par value ---------------------------------- (Title of Class of Securities) 895814101 --------- (CUSIP Number) Murray A. Indick Richard C. Blum & Associates, L.P. 909 Montgomery Street, Suite 400 San Francisco, CA 94133 (415) 434-1111 ------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 13, 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 schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. *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). Page 1 of 12 CUSIP NO. 895814101 SCHEDULE 13D Page 2 of 12 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RICHARD C. BLUM & ASSOCIATES, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-3205364 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 below - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION California - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 1,998,158** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 1,998,158** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,998,158** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.1%** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON PN, IA - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 895814101 SCHEDULE 13D Page 3 of 12 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RICHARD C. BLUM & ASSOCIATES, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 94-2967812 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 below - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION California - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 1,998,158** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 1,998,158** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,998,158** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.1%** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 895814101 SCHEDULE 13D Page 4 of 12 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON RICHARD C. BLUM S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 below - ------------------------------------------------------------------------------ 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - ------------------------------------------------------------------------------ 6. CITIZENSHIP OR PLACE OF ORGANIZATION California - ------------------------------------------------------------------------------ 7. SOLE VOTING POWER 14,000** NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 1,998,158** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER 14,000** ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 1,998,158** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,012,158** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.2%** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 895814101 SCHEDULE 13D Page 5 of 12 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON TPL ACQUISITION, LLC S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 below - ------------------------------------------------------------------------------ 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 -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER 1,998,158** BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER 1,998,158** - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,998,158** - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.1%** - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON OO (limited liability company) - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 895814101 SCHEDULE 13D Page 6 of 12 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON CB COMMERCIAL REAL ESTATE SERVICES GROUP, INC. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 52-1616016 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 below - ------------------------------------------------------------------------------ 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 -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER -0- BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER -0- - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) -0- - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON CO - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 895814101 SCHEDULE 13D Page 7 of 12 - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSON WESTMARK REALTY ADVISORS, LLC S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON 95-3695034 - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. SOURCE OF FUNDS* See Item 3 below - ------------------------------------------------------------------------------ 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 -0- NUMBER OF ----------------------------------------------------------- SHARES 8. SHARED VOTING POWER -0- BENEFICIALLY OWNED BY EACH ----------------------------------------------------------- PERSON WITH 9. SOLE DISPOSITIVE POWER -0- ----------------------------------------------------------- 10. SHARED DISPOSITIVE POWER -0- - ------------------------------------------------------------------------------ 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - ------------------------------------------------------------------------------ 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) -0- - ------------------------------------------------------------------------------ 14. TYPE OF REPORTING PERSON OO (limited liability company) - ------------------------------------------------------------------------------ ** See Item 5 below *SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP NO. 895814101 SCHEDULE 13D Page 8 of 12 This Amendment No. 4 to Schedule 13D amends the Statement on Schedule 13D (the "Schedule 13D") filed with the Securities and Exchange Commission on February 2, 1998 by Richard C. Blum & Associates, L.P. and its affiliates (along with TPL Acquisition, LLC, the "Blum Reporting Persons"), CB Commercial Real Estate Services Group, Inc. and Westmark Realty Advisors, LLC (collectively with the Blum Reporting Persons, the "Reporting Persons"). This Amendment No. 4 is filed with respect to the Limited Liability Company Membership Interests ("the Interests"), no par value, of Triad Park, LLC, ("the Company"). The principal executive office and mailing address of the Company is 3055 Triad Drive, Livermore, California 94550. Unless otherwise defined herein, all capitalized terms shall have the meanings ascribed to them in the Schedule 13D. Item 2. Identity and Background - -------------------------------- Item 2 of the Schedule 13D is hereby amended to reflect the fact that CB Commercial Real Estate Services Group, Inc. and Westmark Realty Advisors, LLC have withdrawn from and are no longer part of the group of the Reporting Persons. Item 4. Purpose of Transaction - ------------------------------- Item 4 of the Schedule 13D is hereby amended to add the following additional information: On March 11 and March 13, 1998, the Reporting Persons sent letters to the Company offering to acquire all of the Company's shares subject to the terms and conditions set forth therein. Beginning on March 11 and continuing through March 13, representatives of the Reporting Persons and the Company discussed the substance of the letters. Late in the afternoon on March 13, the Reporting Persons sent the letter attached as Exhibit B to the Company. Exhibit B sets forth the terms pursuant to which the Reporting Persons propose to acquire all of the Company's shares. Item 7. Material to be Filed as Exhibits - ----------------------------------------- Item Description - ---- ----------- Exhibit A Joint Filing Undertaking. Exhibit B Letter dated March 13, 1998 from Murray A. Indick, Managing Director of Richard C. Blum & Associates, L.P. to Stanley F. Marquis, Triad Park, LLC. CUSIP NO. 895814101 SCHEDULE 13D Page 9 of 12 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: March 16, 1998 RICHARD C. BLUM & ASSOCIATES, L.P. RICHARD C. BLUM & ASSOCIATES, INC. By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick Murray A. Indick Managing Director Managing Director, General Counsel and General Counsel and Secretary /s/ Murray A. Indick --------------------------------------- RICHARD C. BLUM By Murray A. Indick, Attorney-in-Fact CB COMMERCIAL REAL ESTATE WESTMARK REALTY ADVISORS, LLC SERVICES GROUP, INC. By /s/ Walter V. Stafford By /s/ Richard C. Clotfelter ------------------------------- ----------------------------------- Walter V. Stafford Richard C. Clotfelter Senior Executive Vice President Chairman and President and General Counsel CUSIP NO. 72813P-10-0 SCHEDULE 13D Page 10 of 12 Exhibit A JOINT FILING UNDERTAKING The undersigned, being duly authorized thereunto, hereby execute this agreement as an exhibit to this Schedule 13D to evidence the agreement of the below-named parties, in accordance with the rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Schedule jointly on behalf of each such party. Dated: March 16, 1998 RICHARD C. BLUM & ASSOCIATES, L.P. RICHARD C. BLUM & ASSOCIATES, INC. By /s/ Murray A. Indick By /s/ Murray A. Indick ------------------------------- ----------------------------------- Murray A. Indick Murray A. Indick Managing Director Managing Director, General Counsel and General Counsel and Secretary /s/ Murray A. Indick --------------------------------------- RICHARD C. BLUM By Murray A. Indick, Attorney-in-Fact CB COMMERCIAL REAL ESTATE WESTMARK REALTY ADVISORS, LLC SERVICES GROUP, INC. By /s/ Walter V. Stafford By /s/ Richard C. Clotfelter ------------------------------- ----------------------------------- Walter V. Stafford Richard C. Clotfelter Senior Executive Vice President Chairman and President and General Counsel CUSIP NO. 72813P-10-0 SCHEDULE 13D Page 11 of 12 Exhibit B Richard C. Blum & Associates, L.P. 909 Montgomery Street, Suite 400 San Francisco, ca 94133-4625 fax: (415) 434-3130 telephone: (415) 434-1111 By Facsimile March 13, 1998 Mr. Stanley F. Marquis Triad Park, LLC 3055 Triad Drive Livermore, CA 94550-9559 Dear Mr. Marquis: Richard C. Blum & Associates, L.P. ("RCBA") hereby withdraws its prior letters dated March 11 and March 13, 1998 and submits the following offer to have RCBA through its acquisition vehicle acquire all of the outstanding shares of Triad Park, LLC ("Triad Park"). Capitalized terms in this letter are as defined in that certain Merger Agreement entered into on February 1, 1998 by Triad Park and The Kontrabecki Group, Inc. ("TKG"). We offer to pay (1) $1.74 per share to the shareholders for all Triad Park shares (approximately $1.75 million in excess of the offer of TKG), and (2) $1.2 million to Triad Park that the company will use to pay the Termination Fee to TKG, our payment to be made to Triad Park contemporaneous with the execution of our Acquisition Agreement with Triad Park and Triad Park's termination of the Merger Agreement with TKG. RCBA expects Triad Park to treat this offer as an "Acquisition Proposal" and a "Superior Proposal" as those terms are defined in Section 7.6 of the Merger Agreement. Pursuant to Section 7.6(d), the Advisory Board should immediately advise TKG that the Advisory Board has received a Superior Proposal, and intends to terminate the Merger Agreement and enter into an Acquisition Agreement with RCBA five business days from the date of the Superior Proposal Notice. RCBA reserves the right to withdraw this offer if Triad Park fails to send TKG the Superior Proposal Notice promptly, and we request that the Superior Proposal Notice be sent no later than March 14, 1998. The terms of our Acquisition Agreement will mirror Triad Park's Merger Agreement with TKG, except for certain conforming changes. For instance, our Acquisition Agreement would adjust the dates set forth in Sections 9.1 and 9.2 from March 31 and July 31, respectively, to May 31 and September 30. The parties from our side of the transaction will be as they were when we were in contract with Triad Park (i.e., RCBA and its acquisition vehicle, TPL Acquisition, LLC). Our Acquisition Agreement will also require Triad Park to pay us a termination fee before it enters into any agreement with a third party that would top our transaction. The amount of our termination fee would be the actual, out-of-pocket expenses we have paid to third parties or become responsible for (including, for example, the Termination Fee to TKG and professional fees to Triad Park's counsel and advisors), capped at $1.75 million. CUSIP NO. 72813P-10-0 SCHEDULE 13D Page 12 of 12 We look forward to being in contract, once again, to acquire Triad Park. Clearly each of Triad Park and RCBA has disclosure obligations under the federal securities laws. For your information, RCBA expects to file this letter promptly with the Securities & Exchange Commission. Should you have any questions, please feel free to contact me. Sincerely, /s/ Murray A. Indick Murray A. Indick cc: Edward S. Merrill, Esq., McCutchen, Doyle, Brown & Enersen, LLP -----END PRIVACY-ENHANCED MESSAGE-----