-----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, AmF4HBcvEzVkpbUHKwwcVPHKflwT9kO13o4+2hFUUGqC71izG4i1jfnVS9oyc7yG aT00YYFPwyUDmnvrtVoJXQ== 0000909518-03-000501.txt : 20030729 0000909518-03-000501.hdr.sgml : 20030729 20030729171558 ACCESSION NUMBER: 0000909518-03-000501 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20030729 GROUP MEMBERS: LUK ACQUISITION I, LLC GROUP MEMBERS: LUK ACQUISITION II, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WILTEL COMMUNICATIONS GROUP INC CENTRAL INDEX KEY: 0001195454 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 010744785 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78549 FILM NUMBER: 03809367 MAIL ADDRESS: STREET 1: ONE TECHNOLOGY CENTER CITY: TULSA STATE: OK ZIP: 74103 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LEUCADIA NATIONAL CORP CENTRAL INDEX KEY: 0000096223 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 132615557 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 315 PARK AVE S CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 2124601900 MAIL ADDRESS: STREET 1: 315 PARK AVENUE SOUTH CITY: NEW YORK STATE: NY ZIP: 10010 FORMER COMPANY: FORMER CONFORMED NAME: TALCOTT NATIONAL CORP DATE OF NAME CHANGE: 19800603 SC 13D/A 1 mv7-29_13da3.txt ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 AMENDMENT NO. 3 SCHEDULE 13D (Rule 13d-101) Under the Securities Exchange Act of 1934 WILTEL COMMUNICATIONS GROUP, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $0.01 PAR VALUE - -------------------------------------------------------------------------------- (Title of class of securities) 972487 10 2 - -------------------------------------------------------------------------------- (CUSIP number) JOSEPH A. ORLANDO VICE PRESIDENT AND CHIEF FINANCIAL OFFICER LEUCADIA NATIONAL CORPORATION 315 PARK AVENUE SOUTH NEW YORK, NEW YORK 10010 WITH A COPY TO: ANDREA A. BERNSTEIN, ESQ. WEIL, GOTSHAL & MANGES LLP 767 FIFTH AVENUE NEW YORK, NEW YORK 10153 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) JULY 29, 2003 - -------------------------------------------------------------------------------- (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(e), 13d-1(f) or 13d-1(g), check the following box [_]. Note: Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act. (Continued on following pages) (Page 1 of 7 pages) ================================================================================
- ---------------------------------------------------------------------------------- --------------------------------- CUSIP No. 972487 10 2 13D - ---------------------------------------------------------------------------------- --------------------------------- - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 1 NAME OF REPORTING PERSON: LUK Acquisition I, 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: N/A - ---------------------- ------------------------------------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ----------------------------------- -------- ---------------------------------------------------- --------------------------------- NUMBER OF 7 SOLE VOTING POWER: -0- SHARES -------- ---------------------------------------------------- --------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 11,775,000 (see Item 5) OWNED BY -------- ---------------------------------------------------- --------------------------------- EACH 9 SOLE DISPOSITIVE POWER: -0- REPORTING -------- ---------------------------------------------------- --------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 11,775,000 (see Item 5) - ---------------------- -------------------------------------------------------------------------- --------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 11,775,000 (see Item 5) - ---------------------- ------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - ---------------------- ------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 23.55% - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 14 TYPE OF REPORTING PERSON: OO (Limited Liability Company) - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 2 - ---------------------------------------------------------------------------------- --------------------------------- CUSIP No. 972487 10 2 13D - ---------------------------------------------------------------------------------- --------------------------------- - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 1 NAME OF REPORTING PERSON: LUK Acquisition II, 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: N/A - ---------------------- ------------------------------------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware - ----------------------------------- -------- ---------------------------------------------------- --------------------------------- NUMBER OF 7 SOLE VOTING POWER: -0- SHARES -------- ---------------------------------------------------- --------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 10,225,000 (see Item 5) OWNED BY -------- ---------------------------------------------------- --------------------------------- EACH 9 SOLE DISPOSITIVE POWER: -0- REPORTING -------- ---------------------------------------------------- --------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 10,225,000 (see Item 5) - ---------------------- -------------------------------------------------------------------------- --------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 10,225,000 (see Item 5) - ---------------------- ------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - ---------------------- ------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 20.45% - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 14 TYPE OF REPORTING PERSON: OO (Limited Liability Company) - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 3 - ---------------------------------------------------------------------------------- --------------------------------- CUSIP No. 972487 10 2 13D - ---------------------------------------------------------------------------------- --------------------------------- - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 1 NAME OF REPORTING PERSON: Leucadia National Corporation 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: N/A - ---------------------- ------------------------------------------------------------------------------------------------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 6 CITIZENSHIP OR PLACE OF ORGANIZATION: New York - ----------------------------------- -------- ---------------------------------------------------- --------------------------------- NUMBER OF 7 SOLE VOTING POWER: 1,700,000 SHARES -------- ---------------------------------------------------- --------------------------------- BENEFICIALLY 8 SHARED VOTING POWER: 22,000,000 (see Item 5) OWNED BY -------- ---------------------------------------------------- --------------------------------- EACH 9 SOLE DISPOSITIVE POWER: 1,700,000 REPORTING -------- ---------------------------------------------------- --------------------------------- PERSON WITH 10 SHARED DISPOSITIVE POWER: 22,000,000 (see Item 5) - ---------------------- -------------------------------------------------------------------------- --------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 23,700,000 (see Item 5) - ---------------------- ------------------------------------------------------------------------------------------------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_] - ---------------------- ------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 47.40% - ---------------------- ----------------------------------------------------------- ------------------------------------------------ 14 TYPE OF REPORTING PERSON: CO - ---------------------- ----------------------------------------------------------- ------------------------------------------------
4 Item 1. Security and Issuer. This Statement constitutes Amendment No. 3 ("Amendment No. 3") to the statement on Schedule 13D (the "Original 13D") filed with the Securities and Exchange Commission by Leucadia National Corporation ("Leucadia"), and its subsidiaries, LUK Acquisition I, LLC ("LUK I") and LUK Acquisition II, LLC ("LUK II"), with respect to the common stock, $0.01 par value per share (the "WilTel Common Stock"), of WilTel Communications Group, Inc., a Nevada corporation ("WilTel"). Unless otherwise indicated, all capitalized terms used herein have the meanings ascribed to them in the Original 13D. Item 4. Purpose of Transaction. On July 29, 2003, Leucadia withdrew its May 15, 2003 request that the Board of Directors of WilTel (the "Board") take action under the Stockholders Agreement to allow Leucadia to make an exchange offer of 0.3565 of a Leucadia common share for each share of WilTel. Leucadia's request was for the Board to permit an offer to go forward now for the 52.6% of WilTel not already owned by Leucadia rather than having to wait until October 15, 2004, at which time the proposed exchange offer would be permitted to be made under the Stockholders Agreement. A copy of Leucadia's press release is attached hereto as Exhibit 2 and is incorporated herein by reference. Subject to and depending upon availability at prices deemed favorable by Leucadia, Leucadia, directly or through its subsidiaries, may purchase additional shares of WilTel Common Stock from time to time in the open market, in privately negotiated transactions with third parties or otherwise, subject to compliance with the terms of the Stockholders Agreement and the transfer restrictions contained in WilTel's Articles of Incorporation. Except as set forth above, the Beneficial Owners have no present plans or intentions which would result in or relate to any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. Item 7. Material to be Filed as Exhibits. 1. Agreement among the Beneficial Owners with respect to the filing of this Amendment No. 3. 2. Press release of Leucadia National Corporation dated July 29, 2003. 5 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: July 29, 2003 LUK ACQUISITION I, LLC BY: /S/ JOSEPH A. ORLANDO ------------------------------------- Name: Joseph A. Orlando Title: President LUK ACQUISITION II, LLC BY: /S/ JOSEPH A. ORLANDO ------------------------------------- Name: Joseph A. Orlando Title: President LEUCADIA NATIONAL CORPORATION BY: /S/ JOSEPH A. ORLANDO ------------------------------------- Name: Joseph A. Orlando Title: Vice President and Chief Financial Officer 6 EXHIBIT INDEX 1. Agreement among the Beneficial Owners with respect to the filing of this Amendment No. 3. 2. Press release of Leucadia National Corporation dated July 29, 2003. 7 EX-99 3 mv7-29ex_1.txt 1 Exhibit 1 AGREEMENT This will confirm the agreement by and among all the undersigned that the Amendment No. 3 to Schedule 13-D filed on or about this date with respect to the beneficial ownership of the undersigned of shares of the common stock of WilTel Communications Group, Inc. is being filed on behalf of each of the entities named below. Dated: July 29, 2003 LUK ACQUISITION I, LLC LUK ACQUISITION II, LLC LEUCADIA NATIONAL CORPORATION BY: /S/ JOSEPH A. ORLANDO ------------------------------------------------- NAME: Joseph A. Orlando TITLE: President of each of LUK Acquisition I, LLC and LUK Acquisition II, LLC and Vice President and Chief Financial Officer of Leucadia National Corporation EX-99 4 mv7-29ex_2.txt 2 Exhibit 2 July 29, 2003 FOR IMMEDIATE RELEASE Contact: Laura Ulbrandt (212) 460-1900 LEUCADIA NATIONAL CORPORATION WITHDRAWS PROPOSAL FOR WILTEL EXCHANGE OFFER Leucadia National Corporation (LUK - NYSE and PCX) announced today that Leucadia has withdrawn its May 15, 2003 request that the Board of Directors of WilTel Communications Group, Inc. ("WilTel") take action under the Stockholders Agreement between Leucadia and WilTel to allow Leucadia to make an exchange offer of 0.3565 of a Leucadia common share for each share of WilTel. Leucadia's request was for the Board to permit an offer to go forward now for the 52.6% of WilTel not already owned by Leucadia rather than having to wait until October 15, 2004, at which time the proposed exchange offer would be permitted to be made under the Stockholders Agreement. The request was directed to a Special Committee of the WilTel Board - comprised of the independent directors - which engaged its own counsel and financial advisor. Certain Committee members expressed the view that WilTel needed to be "shopped" for the Committee to evaluate Leucadia's proposal by a market survey. As the owner of 47.4% of WilTel shares, Leucadia told the Special Committee that Leucadia has no intention of selling its shares, that therefore a sale of WilTel to a third party is not realistic. Leucadia told the Special Committee that it believes that "shopping" WilTel is likely to create a false impression that Leucadia might be willing to support a sale of WilTel or its assets and that - based on discussions with management - any such impression caused by the "shopping" would be detrimental to the stability and progress which the management team has sought to achieve since WilTel's emergence from bankruptcy. Although Leucadia has sought to receive assurances from the Special Committee that it will not proceed to solicit offers for WilTel or its assets, such assurances have not been forthcoming. Leucadia therefore has determined to withdraw the request and the proposed exchange offer so that WilTel's customers, suppliers and employees will not speculate that Leucadia is exiting its WilTel investment and so as to avoid the risk of harm to WilTel's business. Leucadia continues to believe that WilTel shareholders would be better served by owning Leucadia shares and Leucadia will continue to evaluate its options with respect to acquiring additional WilTel shares as permitted by the Stockholder Agreement, including the possibility of seeking stockholder approval to amend its terms. No determination has been reached as to the course of action to be pursued. Leucadia National Corporation is a holding company engaged in a variety of businesses, including telecommunications (principally through its 47.4% interest in WilTel), banking and lending (principally through American Investment Bank, N.A.), manufacturing (through its Plastics Division), real estate activities, winery operations, development of a copper mine (through its 72.8% interest in MK Gold Company) and property and casualty reinsurance. The Company currently has equity interests of more than 5% in the following domestic public companies: AmeriKing, Inc. (6.8%), Carmike Cinemas, Inc. (11%), GFSI Holdings, Inc. (6.9%), The FINOVA Group, Inc. (indirectly 25% through its interest in Berkadia), HomeFed Corporation (30.3%), Jackson Products, Inc. (8.8%), Jordan Industries, Inc. (10.1%), ParkerVision, Inc. (7.4%) and WilTel Communications Group, Inc. (47.4%). 2 -----END PRIVACY-ENHANCED MESSAGE-----