-----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, MAcacDEYNys1klHb56CzpoQQHPZeE/8aLTnGZzW1PxEvyfW/R65a3HWcbybMYdRY 4Oc4psPGPOIfcViwVzcY+w== 0000906304-07-000347.txt : 20070309 0000906304-07-000347.hdr.sgml : 20070309 20070309112837 ACCESSION NUMBER: 0000906304-07-000347 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070309 DATE AS OF CHANGE: 20070309 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ADESA INC CENTRAL INDEX KEY: 0001281949 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MOTOR VEHICLES & MOTOR VEHICLE PARTS & SUPPLIES [5010] IRS NUMBER: 351842546 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81157 FILM NUMBER: 07683105 BUSINESS ADDRESS: STREET 1: 13085 HAMILTON CROSSING BLVD CITY: CARMEL STATE: IN ZIP: 46032 BUSINESS PHONE: 8009233725 MAIL ADDRESS: STREET 1: 13085 HAMILTON CROSSING BLVD CITY: CARMEL STATE: IN ZIP: 46032 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ROYCE & ASSOCIATES LLC CENTRAL INDEX KEY: 0000906304 IRS NUMBER: 522343049 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1414 AVE OF AMERICA CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2124861495 MAIL ADDRESS: STREET 1: 1414 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: ROYCE & ASSOCIATES INC /NY DATE OF NAME CHANGE: 19990329 FORMER COMPANY: FORMER CONFORMED NAME: QUEST ADVISORY CORP/NY DATE OF NAME CHANGE: 19970805 SC 13D/A 1 adesa13d1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

 

Adesa, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

00686U104

(CUSIP Number)

Elliot Press
Katten Muchin Rosenman LLP
575 Madison Avenue
New York, NY 10022
(212) 940-6348

John Denneen
Royce & Associates, LLC
1414 Avenue of the Americas
New York, NY 10019
(212) 508-4578

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

March 2, 2007

(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  /X/

Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) 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 (the "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 13D

CUSIP No. 00686U104

1

NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

  Royce & Associates, LLC

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)  /   /
(b)  /   /

3

SEC USE ONLY

4

SOURCE OF FUNDS*

 

  WC

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
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

7

SOLE VOTING POWER

5,425,075 Shares

8

SHARED VOTING POWER

9

SOLE DISPOSITIVE POWER

5,425,075 Shares

10

SHARED DISPOSITIVE POWER

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  5,425,075 Shares

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* /  /

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

  5.98%

14

TYPE OF REPORTING PERSON*
IA

*SEE INSTRUCTIONS BEFORE FILLING OUT!

Item 1.

Security and Issuer

 

This Amendment No. 1 amends Item 5 contained in the Schedule 13D filed by Royce & Associates, LLC (the "Reporting Person") with respect to the shares of Common Stock ("Common Stock") of Adesa, Inc. (the "Company") on January 30, 2007.

Item 5.

Interest in Securities of the Issuer.

 

Items 5(a) through (c) are hereby amended and restated to read as follows:

(a) The aggregate percentage of the outstanding Common Stock of the Company reported owned by the Reporting Person is based upon 90,729,940 shares of Common Stock of the Company outstanding, as reported in the Company's quarterly report on Form 10-K for the quarter ended December 31, 2006.

As investment manager for the Advisory Clients, the Reporting Person may be deemed to beneficially own the aggregate 5,425,075 shares held by the Advisory Clients. Such shares represent approximately 5.98% of the outstanding Common Stock of the Company and are held by the various Advisory Clients as follows:

PMF: 404,900 shares (.45%)
RDV: 2,300 shares (.00%)
RPR: 2,030,000 shares (2.24%)
RPZ: 25,400 shares (.03%)
RLP: 1,283,100 shares (1.41%)
RTR: 707,775 shares (.78%)
RSZ: 1,000 shares (.00%)
RHF: 41,400 shares (.05%)
LMI: 20,200 shares (.02%)
RS1: 12,400 shares (.01%)
RVP: 868,600 shares (.96%)
ROH: 11,400 shares (.01%)
LMO: 11,300 shares (.01%)
SGH: 5,300 shares (.01%)

(b) By virtue of the Reporting Person's position as investment manager for its Advisory Clients, the Reporting Person may be deemed to possess the sole power to vote and dispose of the shares of Common Stock held by its Advisory Clients.

(c) Set forth immediately below is a description of each transaction in the Company's Common Stock that were effected by the Reporting Person for its Advisory Clients within the last 60 days. All such transactions were effected in the open market.

Number of
Shares

Purchase or Sale

Price per
Share


Date

Advisory Client

19,000

Sale

28.7116

2/9/07

RLP

50,000

Sale

28.6685

2/9/07

RLP

50,000

Sale

28.6282

2/12/07

RLP

50,000

Sale

28.4332

2/13/07

RLP

11,300

Sale

28.2751

2/20/07

ROH

5,200

Sale

28.2751

2/20/07

SGH

20,100

Sale

28.2751

2/20/07

LMI

11,300

Sale

28.2751

2/20/07

LMO

52,100

Sale

28.2751

2/20/07

PMF

48,400

Sale

28.2224

2/26/07

RLP

28,700

Sale

27.8494

2/27/07

RLP

80,000

Sale

27.8494

2/27/07

PMF

21,300

Sale

27.6647

2/28/07

RLP

70,000

Sale

27.6647

2/28/07

PMF

2,400

Purchase

27.5517

3/1/07

RTR

300,000

Sale

27.5495

3/1/07

RPR

200,000

Sale

27.3095

3/2/07

RPR

50,000

Sale

27.4674

3/6/07

RLP

 

SIGNATURE

        After reasonable inquiry, and to the best of our knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

Dated:  March 9, 2007

 

ROYCE & ASSOCIATES, LLC

 

 

 

By: /s/ Charles M. Royce

 

Name:  Charles M. Royce
Title:    President
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