-----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, Kn6kWHn7y0lCrGONtg45mUMT1NbdKoIMumhmZhkQunllCtBYJZZB1eOji49DHZVs qAL5kNZR3I3aezbRvdsf4g== 0000930413-06-005213.txt : 20060711 0000930413-06-005213.hdr.sgml : 20060711 20060711150605 ACCESSION NUMBER: 0000930413-06-005213 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060711 DATE AS OF CHANGE: 20060711 GROUP MEMBERS: GLOBAL CROSSING LTD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GLOBAL CROSSING LTD CENTRAL INDEX KEY: 0001061322 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 980189783 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-55643 FILM NUMBER: 06956095 BUSINESS ADDRESS: STREET 1: WESSEX HOUSE 45 REID ST STREET 2: HAMILTON HM12 CITY: BERMUDA STATE: D0 ZIP: HM12 BUSINESS PHONE: 4412968600 MAIL ADDRESS: STREET 1: WESSEX HOUSE 45 REID STREET STREET 2: HAMILTON HM12 CITY: BERMUDA FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ALGER FRED MANAGEMENT INC CENTRAL INDEX KEY: 0000003520 IRS NUMBER: 13510833 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 111 FIFTH AVENUE STREET 2: 2ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 212-806-8800 MAIL ADDRESS: STREET 1: 111 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10003 FORMER COMPANY: FORMER CONFORMED NAME: ALGER FRED & CO INC DATE OF NAME CHANGE: 19600201 SC 13G/A 1 c43408.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 1 )* GLOBAL CROSSING LTD --------------------------------- (Name of Issuer) COMMON STOCK ------------ (Title of Class of Securities) G3921A175 --------- (CUSIP Number) JULY 10, 2006 --------------- (Date of Event which Requires Filing of this Statement) Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the filing 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.) *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 the disclosures provided in a prior cover page. The information required in 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). Schedule 13G CUSIP No. G3921A175 - - --------------------------------------------------------------------- 1 NAME OF REPORTING PERSON AND SS OR IRS IDENTIFICATION NO. OF PERSON Fred Alger Management, Inc. 13-2510833 Fred M. Alger III ###-##-#### - - --------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - - --------------------------------------------------------------------- 3 SEC USE ONLY - - --------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION New York, New York - - --------------------------------------------------------------------- 5 SOLE VOTING POWER SHARES 842,000 BENEFICIALLY ----------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH -0- REPORTING ----------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH 842,000 ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - - --------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 842,000 - - --------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - - --------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.32% - - --------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* Fred Alger Management, Inc. IA Fred M. Alger III HC SCHEDULE 13G ITEM 1(A). NAME OF ISSUER: Global Crossing LTD. ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: Wessex House, 45 Reid Street, Hamilton, HM12, Bermuda ITEM 2(A). NAME OF PERSON FILING: 1. Fred Alger Management, Inc. 2. Fred M. Alger III ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE: 1. 111 Fifth Avenue, New York, NY 10003 2. 111 Fifth Avenue, New York, NY 10003 ITEM 2(C). CITIZENSHIP: 1. New York 2. St. Kitts ITEM 2(D). TITLE OF CLASS OF SECURITIES: Common Stock ITEM 2(E). CUSIP NUMBER: G3921A175 ITEM 3. THE PERSON FILING IS A: Investment Advisers ITEM 4(A). AMOUNT BENEFICIALLY OWNED: 842,000 ITEM 4(B). PERCENT OF CLASS: 3.32% ITEM 4(C). NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (1) sole power to vote or to direct the vote 842,000 (ii) shared power to vote or to direct the vote -0- (iii) sole power to dispose or to direct the disposition of 842,000 (iv) shared power to dispose or to direct the disposition of -0- ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X]. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. n/a ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITIES BEING REPORTED ON BY THE PARENT HOLDING COMPANY. n/a ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP: Fred Alger Management, Inc. IA Fred M. Alger III HC ITEM 9. NOTICE OF DISSOLUTION OF GROUP. ITEM 10. CERTIFICATION. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of, and do not have the effect of, changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. 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. By: /s/ Hal Liebes ------------------------------- Hal Liebes Executive Vice President DATE: July 10, 2006 By: /s/ Frederick A. Blum ------------------------------- Frederick A. Blum, Attorney-in-Fact DATE: July 10, 2006 -----END PRIVACY-ENHANCED MESSAGE-----