0000902664-05-000912.txt : 20120625
0000902664-05-000912.hdr.sgml : 20120625
20050411160201
ACCESSION NUMBER: 0000902664-05-000912
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050411
DATE AS OF CHANGE: 20050411
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: SCOUT CAPITAL MANAGEMENT LLC
CENTRAL INDEX KEY: 0001134406
STATE OF INCORPORATION: DE
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 153 E. 53RD STREET, 48TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: EFUNDS CORP
CENTRAL INDEX KEY: 0001109190
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 391506286
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-60115
FILM NUMBER: 05744113
BUSINESS ADDRESS:
STREET 1: 8501 N. SCOTTSDALE RD
STREET 2: GAINEY CENTER II, SUITE 300
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85253
BUSINESS PHONE: 6026592135
MAIL ADDRESS:
STREET 1: 8501 N. SCOTTSDALE RD
STREET 2: GAINEY CENTER II, SUITE 300
CITY: SCOTTSDALE
STATE: AZ
ZIP: 85253
SC 13D/A
1
srz9851859v1.txt
SCOUT CAPITAL LLC/EFUNDS CORP./GENERAL
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13D/A*
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
EFUNDS CORPORATION
(NAME OF ISSUER)
Common Stock
(Title of Class of Securities)
28224R101
(CUSIP Number)
Adam Weiss
320 Park Avenue 33rd Floor New York, New York 10022
(212) 622-7849
(Name, address and telephone number of person
authorized to receive notices and communications)
APRIL 4, 2005
(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. See Rule 13d-7 for other
parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 21 Pages)
----------------
*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 purposes 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. 28224R101 13D/A Page 2 of 21 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Scout Capital 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, OO
-----------------------------------------------------------------------------
(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
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
47,700
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
47,700
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,755,100
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0.097%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 28224R101 13D/A Page 3 of 21 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Scout Capital Partners II, 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, OO
-----------------------------------------------------------------------------
(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
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
203,100
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
203,100
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,755,100
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0.411%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 28224R101 13D/A Page 4 of 21 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Scout Capital, L.L.C.
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
4) SOURCE OF FUNDS **
-----------------------------------------------------------------------------
(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
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
250,800
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
250,800
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,755,100
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
0.507%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 28224R101 13D/A Page 5 of 21 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Scout Capital Management, L.L.C.
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(4) SOURCE OF FUNDS **
-----------------------------------------------------------------------------
(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
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
-0-
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
1,504,300
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,504,300
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,755,100
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
3.044%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
IA
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 28224R101 13D/A Page 6 of 21 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Adam Weiss
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) SOURCE OF FUNDS **
-----------------------------------------------------------------------------
(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
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
0
SHARES ---------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
1,755,100
OWNED BY ---------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
0
REPORTING ---------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,755,100
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,755,100
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
3.55%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
IN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 28224R101 13D/A Page 7 of 21 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
James Crichton
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) SOURCE OF FUNDS **
-----------------------------------------------------------------------------
(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
-----------------------------------------------------------------------------
NUMBER OF (7) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (8) SHARED VOTING POWER
1,755,100
OWNED BY --------------------------------------------------------------
EACH (9) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (10) SHARED DISPOSITIVE POWER
1,755,100
-----------------------------------------------------------------------------
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,755,100
-----------------------------------------------------------------------------
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
3.55%
-----------------------------------------------------------------------------
(14) TYPE OF REPORTING PERSON **
IN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 28224R101 13D/A Page 8 of 21 Pages
Item 1. Security and Issuer.
This Schedule 13D/A relates to the common stock, par value $0.01 (the
"Common Stock") of eFunds Corp. (the "Company"). The Company's principal
executive offices are located at Gainey Center II, 8501 N. Scottsdale Rd, Ste.
300, Scottsdale, AZ 85253.
Item 2. Identity and Background.
(a) This Schedule 13D/A is being jointly filed by each of the following
persons (collectively, the "Group" or the "Group Members"):
(i) Scout Capital Partners, L.P., a Delaware limited partnership
("Scout Partners"), with respect to the shares of Common Stock
directly owned by it;
(ii) Scout Capital Partners II, L.P., a Delaware limited partnership
("Scout Partners II"), with respect to the shares of Common Stock
directly owned by it;
(iii) Scout Capital, L.L.C., a Delaware limited liability company
("Scout Capital"), with respect to the shares of Common Stock
directly owned by Scout Partners and Scout Partners II;
(iv) Scout Capital Management, L.L.C., a Delaware limited liability
company ("Scout Capital Management"), which serves as investment
manager to Scout Capital Fund, Ltd. ("Scout Capital Fund") and
Scout Capital Fund II, Ltd. ("Scout Capital Fund II"), each a
Cayman Islands exempted company, and other discretionary managed
accounts, with respect to the shares of Common Stock directly
owned by Scout Capital Fund, Scout Capital Fund II and such other
managed accounts (collectively, the "Accounts");
(v) Adam Weiss ("Mr. Weiss"), with respect to the shares of Common
Stock directly owned by each of Scout Partners, Scout Partners II
and the Accounts managed by Scout Capital Management.
(vi) James Crichton ("Mr. Crichton"), with respect to the shares of
Common Stock directly owned by each of Scout Partners, Scout
Partners II and the Accounts managed by Scout Capital Management.
The foregoing persons are hereinafter sometimes collectively
referred to as the "Reporting Persons." Any disclosures herein with respect to
persons other than the Reporting Persons are made on information and belief
after making inquiry to the appropriate party.
(b) The address of the principal business and principal office of Scout
Partners, Scout Partners II, Scout Capital, Scout Capital Management
and Messrs. Weiss and Crichton is 320 Park Avenue, 33rd Floor, New
York, New York 10022. The address of the principal business and
principal office of Scout Capital Fund and Scout Capital Fund II is
c/o Prime Management Limited, Mechanics Building, 12 Church Street,
Hamilton HM 11, Bermuda.
CUSIP No. 28224R101 13D/A Page 9 of 21 Pages
(c) Scout Partners, Scout Partners II, Scout Capital Fund and Scout
Capital Fund II are formed for the purpose of investing in, among other things
in publicly traded equity securities of U.S. companies involved in
catalyst-driven situations. Scout Capital is a general partner to Scout Partners
and Scout Partners II. Scout Capital Management is an investment manager to
Scout Capital Fund, Scout Capital Fund II and other discretionary managed
accounts. Messrs. Weiss and Crichton serve as the managing members of Scout
Capital and Scout Capital Management.
(d) None of the Reporting Persons has, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) None of the Reporting Persons has, during the last five years, been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction and, as a result of such proceeding, was, or is 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.
(f) All of the individuals who are members of the Group are citizens of
the United States.
Item 3. Source and Amount of Funds and Other Consideration.
In aggregate, the Group owns 1,755,100 shares, equal to 3.55% of the Common
Stock of the Company. The percentages used herein are calculated based upon the
49,421,000 shares of Common Stock issued and outstanding as of February 28,
2005, as reflected in the Company's Form 10-K for the year ended December 31,
2004.
The net investment cost (including commissions, if any) of the shares of
Common Stock directly owned by Scout Partners, Scout Partners II, Scout Capital
Fund, Scout Capital Fund II and other discretionary managed accounts is
approximately $932,950, $3,781,106, $19,447,923, $467,241 and $7,212,336
respectively. Neither Scout Capital, Scout Capital Management nor Messrs. Weiss
and Crichton own directly any shares of Common Stock.
Item 4. Purpose of the Transaction.
Not Applicable
CUSIP No. 28224R101 13D/A Page 10 of 21 Pages
Item 5. Interest in Securities of the Issuer.
A. Scout Capital Partners, L.P.
(a) Aggregate number of shares beneficially owned: 47,700
Percentage: 0.097% The percentages used herein and in the
rest of Item 5 are calculated based upon the 49,421,000 shares of Common Stock
issued and outstanding as of February 28, 2005, as reflected in the Company's
Form 10-K for the year ended December 31, 2004.
(b) 1. Sole power to vote or direct vote: -0-
2. Shared power to vote or direct vote: 47,700
3. Sole power to dispose or direct the disposition: -0-
4. Shared power to dispose or direct the disposition: 47,700
(c) The trading dates, number of shares of Common Stock purchased
or sold and the price per share for all transactions by Scout Partners in the
Common Stock within the last sixty days, which were all in the open market, are
set forth in Schedule A and are incorporated by reference.
(d) Scout Capital, the general partner of Scout Partners, has the
power to direct the affairs of Scout Partners, including decisions respecting
the receipt of dividends from, and the disposition of the proceeds from the sale
of, the shares. Messrs. Weiss and Crichton are the managing members of Scout
Capital and in that capacity direct its operations.
(e) April 4, 2005
B. Scout Capital Partners II, L.P.
(a) Aggregate number of shares beneficially owned: 203,100
Percentage: 0.411%
(b) 1. Sole power to vote or direct vote: -0-
2. Shared power to vote or direct vote: 203,100
3. Sole power to dispose or direct the disposition: -0-
4. Shared power to dispose or direct the disposition: 203,100
(c) The trading dates, number of shares of Common Stock purchased
or sold and the price per share for all transactions by Scout Partners II in the
Common Stock within the last sixty days, which were all in the open market, are
set forth in Schedule A and are incorporated by reference.
(d) Scout Capital, the general partner of Scout Partners II, has
the power to direct the affairs of Scout Partners II, including decisions
respecting the receipt of dividends from, and the disposition of the proceeds
from the sale of, the shares. Messrs. Weiss and Crichton are the managing
members of Scout Capital and in that capacity direct its operations.
(e) April 4, 2005
C. Scout Capital, L.L.C.
(a) Aggregate number of shares beneficially owned: 250,800
Percentage: 0.507%
(b) 1. Sole power to vote or direct vote: -0-
2. Shared power to vote or direct vote: 250,800
3. Sole power to dispose or direct the disposition: -0-
4. Shared power to dispose or direct the disposition: 250,800
(c) Scout Capital did not enter into any transactions for its own
account in the Common Stock of the Company within the last sixty days. The
trading dates, number of shares of Common Stock purchased or sold and the price
per share for all transactions in the Common Stock within the last sixty days on
behalf of Scout Partners and Scout Partners II, which were all in the open
market, are set forth in Schedule A, and are incorporated by reference.
CUSIP No. 28224R101 13D/A Page 11 of 21 Pages
(d) Not applicable.
(e) April 4, 2005.
D. Scout Capital Management, L.L.C.
(a) Aggregate number of shares beneficially owned: 1,504,300
Percentage: 3.044%
(b) 1. Sole power to vote or direct vote: -0-
2. Shared power to vote or direct vote: 1,504,300
3. Sole power to dispose or direct the disposition: -0-
4. Shared power to dispose or direct the disposition: 1,504,300
(c) Scout Capital Management did not enter into any transactions
in the Common Stock of the Company for its own account within the last sixty
days. The trading dates, number of shares of Common Stock purchased or sold and
the price per share for all transactions in the Common Stock within the last
sixty days on behalf of Scout Capital Fund, Scout Capital Fund II and other
discretionary managed accounts, which were all in the open market, are set forth
in Schedule A, and are incorporated by reference.
(d) Not applicable.
(e) April 4, 2005
E. Adam Weiss
(a) Aggregate number of shares beneficially owned: 1,755,100
Percentage: 3.55%
(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 1,755,100
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 1,755,100
(c) Mr. Weiss did not enter into any transactions in the Common
Stock of the Company for his own account within the last sixty days. The trading
dates, number of shares of Common Stock purchased or sold and the price per
share for all transactions in the Common Stock within the last sixty days on
behalf of the Group, which were all in the open market, are set forth in
Schedule A, and are incorporated by reference.
(d) Not applicable.
(e) April 4, 2005.
F. James Crichton
(a) Aggregate number of shares beneficially owned: 1,755,100
Percentage:3.55%
(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 1,755,100
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 1,755,100
(c) Mr. Crichton did not enter into any transactions in the
Common Stock of the Company for his own account within the last sixty days. The
trading dates, number of shares of Common Stock purchased or sold and the price
per share for all transactions in the Common Stock within the last sixty days on
behalf of the Group, which were all in the open market, are set forth in
Schedule A, and are incorporated by reference.
(d) Not applicable.
(e) April 4, 2005.
CUSIP No. 28224R101 13D/A Page 12 of 21 Pages
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer.
Other than the Joint Acquisition Statement attached as Exhibit 1 hereto,
there are no contracts, arrangements, understandings or relationships (legal or
otherwise) among the persons named in Item 2 hereof and between such persons and
any person with respect to any securities of the Company, including but not
limited to transfer or voting of any other securities, finder's fees, joint
ventures, loan or option arrangements, puts or calls, guarantees of profits,
divisions of profits or loss, or the giving or withholding of proxies.
Item 7. Materials to be Filed as Exhibits.
Exhibit 1, Joint Acquisition Statement
CUSIP No. 28224R101 13D/A Page 13 of 21 Pages
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: April 11, 2005
SCOUT CAPITAL PARTNERS, L.P.
By: Scout Capital, L.L.C.,
General Partner
By: /s/ Adam Weiss
--------------------------------
Adam Weiss
Managing Member
By: /s/ James Crichton
--------------------------------
James Crichton
Managing Member
SCOUT CAPITAL PARTNERS II, L.P.
By: Scout Capital, L.L.C.,
General Partner
By: /s/ Adam Weiss
---------------------------------
Adam Weiss
Managing Member
By: /s/ James Crichton
---------------------------------
James Crichton
Managing Member
SCOUT CAPITAL, L.L.C.,
By: /s/ Adam Weiss
---------------------------------
Adam Weiss
Managing Member
By: /s/ James Crichton
---------------------------------
James Crichton
Managing Member
CUSIP No. 28224R101 13D/A Page 14 of 21 Pages
SCOUT CAPITAL MANAGEMENT, L.L.C.
By: /s/ Adam Weiss
----------------------------------
Adam Weiss
Managing Member
By: /s/ James Crichton
----------------------------------
James Crichton
Managing Member
ADAM WEISS
/s/ Adam Weiss
----------------------------------
JAMES CRICHTON
/s/ James Crichton
----------------------------------
CUSIP No. 28224R101 13D/A Page 15 of 21 Pages
Schedule A
Scout Capital Partners, L.P.
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
02/04/2005 700 $22.81
02/07/2005 2,400 $23.19
02/08/2005 400 $22.95
04/01/2005 (300) $22.03
04/04/2005 (21,800) $22.06
CUSIP No. 28224R101 13D/A Page 16 of 21 Pages
Schedule A
Scout Capital Partners II, L.P.
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
02/04/2005 2,600 $22.81
02/04/2005 700 $22.67
02/07/2005 7,700 $23.19
02/08/2005 1,400 $22.95
04/01/2005 (900) $22.03
04/04/2005 (92,300) $22.06
CUSIP No. 28224R101 13D/A Page 17 of 21 Pages
Schedule A
Scout Capital Fund, Ltd.
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
02/04/2005 13,600 $22.81
02/04/2005 8,200 $22.67
02/07/2005 43,000 $23.19
02/08/2005 7,500 $22.95
04/01/2005 (2,800) $22.03
04/04/2005 (491,500) $22.06
CUSIP No. 28224R101 13D/A Page 18 of 21 Pages
Schedule A
Scout Capital Fund II, Ltd.
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
02/04/2005 400 $22.81
02/04/2005 300 $22.67
02/07/2005 1,200 $23.19
02/08/2005 200 $22.95
04/01/2005 (500) $22.03
04/04/2005 (11,900) $22.06
CUSIP No. 28224R101 13D/A Page 19 of 21 Pages
Schedule A
Scout Capital Management, L.L.C.
(on behalf of the discretionary managed accounts)
Price Per Share
Date of Number of Shares (including commissions,
Transaction Purchased/(Sold) if any)
02/04/2005 1,600 $22.81
02/04/2005 200 $22.67
02/07/2005 5,200 $23.19
02/08/2005 700 $22.95
04/01/2005 (100) $22.03
04/04/2005 (48,900) $22.06
02/04/2005 600 $22.67
02/04/2005 2,100 $22.81
02/07/2005 6,600 $23.19
02/08/2005 1,100 $22.95
04/01/2005 (400) $22.03
04/04/2005 (103,800) $22.06
02/07/2005 3,900 $23.19
02/08/2005 700 $22.95
04/04/2005 (29,800) $22.06
CUSIP No. 28224R101 13D/A Page 20 of 21 Pages
EXHIBIT 1
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13D-1(k)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 or it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the others,
except to the extent that he or it knows or has reason to believe that such
information is inaccurate.
DATED: April 11, 2005
SCOUT CAPITAL PARTNERS, L.P.
By: Scout Capital, L.L.C.,
General Partner
By: /s/ Adam Weiss
--------------------------
Adam Weiss
Managing Member
By: /s/ James Crichton
--------------------------
James Crichton
Managing Member
SCOUT CAPITAL PARTNERS II, L.P.
By: Scout Capital, L.L.C.,
General Partner
By: /s/ Adam Weiss
--------------------------
Adam Weiss
Managing Member
By: /s/ James Crichton
--------------------------
James Crichton
Managing Member
CUSIP No. 28224R101 13D/A Page 21 of 21 Pages
SCOUT CAPITAL, L.L.C.,
By: /s/ Adam Weiss
--------------------------
Adam Weiss
Managing Member
By: /s/ James Crichton
--------------------------
James Crichton
Managing Member
SCOUT CAPITAL MANAGEMENT, L.L.C.
By: /s/ Adam Weiss
--------------------------
Adam Weiss
Managing Member
By: /s/ James Crichton
--------------------------
James Crichton
Managing Member
ADAM WEISS
/s/ Adam Weiss
--------------------------------
JAMES CRICHTON
/s/ James Crichton
--------------------------------