-----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, NZUmK22K4RDcpIlS1claFxbE8OMiyjKYBHZ3M85CsY6LGeVq4jH4VNMFaj3H/DaF CTPFeCPvORDgoM0xjVF0Hw== 0001054522-99-000048.txt : 19990817 0001054522-99-000048.hdr.sgml : 19990817 ACCESSION NUMBER: 0001054522-99-000048 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990816 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 13D SEC ACT: SEC FILE NUMBER: 005-55643 FILM NUMBER: 99691247 BUSINESS ADDRESS: STREET 1: WESSEX HOUSE 45 REID STREET STREET 2: HAMILTON HM12 CITY: BERMUDA 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: U S WEST INC /DE/ CENTRAL INDEX KEY: 0001054522 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 840953188 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1801 CALIFORNIA STREET STREET 2: SUITE 390 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3036722700 MAIL ADDRESS: STREET 1: 1801 CALIFORNIA STREET STREET 2: SUITE 390 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: USW-C INC DATE OF NAME CHANGE: 19980204 SC 13D 1 AMENDMENT NO. 9 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 9 to SCHEDULE 13D Under the Securities Exchange Act of 1934 Global Crossing Ltd. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.01 - -------------------------------------------------------------------------------- (Title of Class of Securities) G3921A100 - -------------------------------------------------------------------------------- (CUSIP Number) U S WEST, Inc. 1801 California Street Denver, CO 80202 (303) 672-2700 - -------------------------------------------------------------------------------- Copies to: Dennis J. Block, Esq. Cadwalader, Wickersham & Taft 100 Maiden Lane New York, NY 10038 (212) 504-6000 Thomas O. McGimpsey, Esq. U S WEST, Inc. 1801 California Street Denver, CO 80202 (303) 672-2712 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 18, 1999 - -------------------------------------------------------------------------------- (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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 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. See Rule 13d-7(b) for other parties to whom copies are to be sent. *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). CUSIP NO. G3921A100 Page 3 of 6 Pages
- ------- ------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON U S WEST, Inc. - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)(a) (b) - ------- - ------- ------------------------------------------------------------------------ 3 SEC USE ONLY - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 4 SOURCE OF FUNDS (See Instructions) BK, AF, WC, OO - ------- ------------------------------------------------------------------------ - ------- ------------------------------------------------------------------------ 5 CHECK 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 37,028,229 NUMBER OF ------- -------------------------------------------------------------------------------------- ------- -------------------------------------------------------------------------------------- SHARES 8 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- ------- -------------------------------------------------------------------------------------- ------- -------------------------------------------------------------------------------------- EACH 9 SOLE DISPOSITIVE POWER REPORTING PERSON 37,028,229 ------- -------------------------------------------------------------------------------------- ------- -------------------------------------------------------------------------------------- WITH 10 SHARED DISPOSITIVE POWER -0- - ----------------------- ------- -------------------------------------------------------------------------------------- - --------- ------------------------------------------------------------------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 37,028,229 - --------- ------------------------------------------------------------------------------------------------------------ - --------- ------------------------------------------------------------------------------------------------------------ 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) - --------- ------------------------------------------------------------------------------------------------------------ - --------- ------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.549% - --------- ------------------------------------------------------------------------------------------------------------ - --------- ------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON (See Instructions) HC, CO - --------- ------------------------------------------------------------------------------------------------------------
U S WEST, Inc. hereby amends and supplements its Schedule 13D originally filed as a Schedule 14D-1 and 13D on May 21, 1999 (the "Original Filing"), as amended by its Schedule 14D-1 and 13D, Amendment No. 1, filed on May 24, 1999, Amendment No. 2 filed on June 8, 1999, Amendment No. 3 filed on June 11, 1999, Amendment No. 4 filed on June 18, 1999, Amendment No. 5 filed on June 18, 1999, Amendment No. 6 filed on June 21, 1999, Amendment No. 7 filed on June 23, 1999, and Amendment No. 8 filed on June 29, 1999 (together with the Original Filing, the "Statement"). The Item numbers in this Schedule 13D do not correspond with the Item numbers in the Statement, as the Statement was a joint Schedule 14D-1 and 13D, and this amendment is only to the Schedule 13D. Capitalized terms used herein and not otherwise defined shall have the meaning assigned such terms in the Statement. Item 3. source and amount of funds or other consideration. Item 4 of the Statement is hereby renumbered Item 3 of this 13D. Item 4. Purpose of Transaction. Item 5 of the Statement is hereby renumbered as Item 4 of this 13D and amended by the addition of the following: On July 18, 1999 U S WEST, Inc. ("U S WEST") and Qwest Communications International, Inc. ("Qwest") entered into an Agreement and Plan of Merger (the "Qwest Merger Agreement"). Concurrently with the execution of the Qwest Merger Agreement, U S WEST and the Company entered into a Termination Agreement (the "Termination Agreement") terminating the Agreement and Plan of Merger, dated as of May 16, 1999, between U S WEST and the Company (the "Global Merger Agreement"). Pursuant to the Termination Agreement, U S WEST agreed to, among other things, pay to the Company $140,000,000 and 2,231,076 shares of common stock of the Company. Item 5. Interest in Securities of the Issuer. Item 6 of the Statement is hereby renumbered as Item 5 of this 13D and paragraphs (a) and (b) are hereby amended as follows: (a) According to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 1999, as of March 31, 1999, the Company had issued and outstanding 433,100,674 shares of common stock. (b) U S WEST has the sole power to vote, or to direct the vote of, 37,028,229 shares of common stock, and shared power to vote, or to direct the vote of, 0 shares of common stock; and sole power to dispose of, or to direct the disposition of, 37,028,229 shares of common stock and shared power to dispose of, or to direct the disposition of, 0 shares of common stock. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Item 7 of the Statement is hereby renumbered as Item 6 to this Schedule 13D and amended by the addition of the Termination Agreement as described in Item 4, above, and the Amendment No. 1 to the Tender Offer and Purchase Agreement, filed as Exhibit (c)(9) hereto. Item 7. Material to Be Filed as Exhibits. Item 11 of the Statement is hereby renumbered as Item 7 of this Schedule 13D and amended by the addition of the following exhibits: (c)(8) Termination Agreement dated as of July 18, 1999 between Global Crossing Ltd, and U S WEST, Inc.* (c)(9) Amendment No. 1 to Tender Offer and Purchase Agreement dated as of July 18, 1999 between Global Crossing Ltd, and U S WEST, Inc.** * Incorporated by reference from Exhibit 10.2 to U S WEST's Form 8-K filed with the SEC on July 21, 1999. ** Incorporated by reference from Exhibit 2-A.14 to U S WEST's Form 10-Q filed with the SEC on August 10, 1999. 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. Date: August 13, 1999 U S WEST, Inc. /s/ THOMAS O. McGIMPSEY By: ___________________________ Thomas O. McGimpsey Assistant Secretary -----END PRIVACY-ENHANCED MESSAGE-----