0001123292-15-000380.txt : 20150218 0001123292-15-000380.hdr.sgml : 20150216 20150217153713 ACCESSION NUMBER: 0001123292-15-000380 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 GROUP MEMBERS: EDWARD A. MULE GROUP MEMBERS: ROBERT J. O'SHEA SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LEE ENTERPRISES, INC CENTRAL INDEX KEY: 0000058361 STANDARD INDUSTRIAL CLASSIFICATION: NEWSPAPERS: PUBLISHING OR PUBLISHING & PRINTING [2711] IRS NUMBER: 420823980 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-18297 FILM NUMBER: 15621809 BUSINESS ADDRESS: STREET 1: 201 N. HARRISON STREET, STE. 600 CITY: DAVENPORT STATE: IA ZIP: 52801 BUSINESS PHONE: 5633832100 MAIL ADDRESS: STREET 1: 201 N. HARRISON STREET, STE. 600 CITY: DAVENPORT STATE: IA ZIP: 52801 FORMER COMPANY: FORMER CONFORMED NAME: LEE ENTERPRISES INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Silver Point Capital L.P. CENTRAL INDEX KEY: 0001332784 IRS NUMBER: 223844936 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: TWO GREENWICH PLAZA, FIRST FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: (203) 542-4000 MAIL ADDRESS: STREET 1: TWO GREENWICH PLAZA, FIRST FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 SC 13G 1 leeenterprises13g02032015.htm SCHEDULE 13G FOR LEE ENTERPRISES, INCORPORATED Unassociated Document
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
 Schedule 13G
(Rule 13d-102)
 
 Information to be Included in Statements Filed Pursuant to Rules 13d-1(b), (c) and (d) and
Amendments Thereto Filed Pursuant to Rule 13d-2(b)
(Amendment No. ___)*
 
 
 
Lee Enterprises, Incorporated

 
(Name of Issuer)
 
 
Common Stock
 
  (Title of Class of Securities)
 
 
523768109
 
  (CUSIP Number)
 
 
December 31, 2014
 
  (Date of Event which Requires Filing of this Statement)
 
 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
       
  Rule 13d-1(b)  
       
  Rule 13d-1(c)  
       
  Rule 13d-1(d)  
       
       
  *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 (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).
 
 
 

 
 CUSIP NO.  523768109    13G  
 1  NAMES OF REPORTING PERSONS  
                   Silver Point Capital, L.P.  
     
 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)*
 (a)  ☐
 (b)  ☒
 3 SEC USE ONLY
 4 CITIZENSHIP OR PLACE OF ORGANIZATION  
   Delaware  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH  5  SOLE VOTING POWER  
   3,375,000  
6 SHARED VOTING POWER  
   -0-  
 7 SOLE DISPOSITIVE POWER  
   3,375,000  
 8
 SHARED DISPOSITIVE POWER
 
          -0-
 
 9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
   3,375,000  
 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9)  EXCLUDES CERTAIN SHARES*
     
 11 PERCENT OF CLASS REPRESENTED IN ROW (9)   
   6.3% 1  
 12  TYPE OF REPORTING PERSON*  
   IA, PN     
 
1
The percentage used above is calculated based on 53,759,748 shares outstanding as of November 30, 2014, as reported in the Company's Form 10-K filed on December 12, 2014.
 
 
 
 
 
 
 CUSIP NO.  523768109    13G  
 1  NAMES OF REPORTING PERSONS  
                   Edward A. Mulé  
     
 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)* (a) ☐
(b) ☒
 3 SEC USE ONLY
 4 CITIZENSHIP OR PLACE OF ORGANIZATION  
   United States  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH  5  SOLE VOTING POWER  
   -0-  
6 SHARED VOTING POWER  
   3,375,000  
 7 SOLE DISPOSITIVE POWER  
   -0-  
 8
 SHARED DISPOSITIVE POWER
 
          3,375,000
 
 9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
   3,375,000  
 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9)  EXCLUDES CERTAIN SHARES*  ☐
     
 11 PERCENT OF CLASS REPRESENTED IN ROW (9)   
   6.3% 1  
 12  TYPE OF REPORTING PERSON*  
   IN  
 
 
 
 
 CUSIP NO.  523768109    13G  
 1  NAMES OF REPORTING PERSONS  
                   Robert J. O'Shea  
     
 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)*
(a) ☐
(b) ☒
 3 SEC USE ONLY
 4 CITIZENSHIP OR PLACE OF ORGANIZATION  
   United States  
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH  5  SOLE VOTING POWER  
   -0-  
6 SHARED VOTING POWER  
   3,375,000  
 7 SOLE DISPOSITIVE POWER  
   -0-  
 8
 SHARED DISPOSITIVE POWER
 
          3,375,000
 
 9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
   3,375,000  
 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9)  EXCLUDES CERTAIN SHARES*  ☐
     
 11 PERCENT OF CLASS REPRESENTED IN ROW (9)   
   6.3% 1  
 12  TYPE OF REPORTING PERSON*  
   IN  
 
 
 
 
CUSIP No.   53768109
13G
 
 
Item 1(a)
 
Name of Issuer:
 
 
 
 
 
 
 
 
The name of the issuer is Lee Enterprises, Incorporated (the "Company").
 
 
 
 
 
Item 1(b)
 
Address of Issuer's Principal Executive Offices:
 
 
 
 
 
 
 
 
 
The Company's principal executive office is located at 201 N. Harrison Street, Suite 600, Davenport, Iowa 52801.
 
 
 
 
 
Item 2(a)
 
Name of Person Filing:
 
 
 
 
 
 
 
 
 
This Schedule 13G is being jointly filed by Silver Point Capital, L.P., a Delaware limited partnership ("Silver Point"), Mr. Edward A. Mulé and Mr. Robert J. O'Shea with respect to the ownership of the common stock of the Company by Silver Point Capital Fund, L.P. (the "Onshore Fund") and Silver Point Capital Offshore Fund, Ltd. (the "Offshore Fund"). 2 Silver Point, Mr. Mulé and Mr. O'Shea are collectively referred to herein as the "Reporting Persons."
 
The Reporting Persons have entered into a Joint Filing Agreement, dated February 17, 2015, a copy of which is filed with this Schedule 13G as Exhibit A, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act.
 
Item 2(b)
Address of Principal Business Office or, if none, Residence:
 
 
The address of the principal business office of each of the Reporting Persons is Two Greenwich Plaza, Greenwich, CT 06830.
 
Item 2(c)
Citizenship:
 
 
Silver Point Capital, L.P. is organized as a limited partnership under the laws of the State of Delaware. Both Mr. Mulé and Mr. O'Shea are U.S. citizens.
 
Item 2(d)
Title of Class of Securities:
 
  Common Stock, $0.01 par value per share.
 
Item 2(e)
CUSIP No.:
 
 
53768109
 
 
Item 3
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a:
 
 
(a)
[_] Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78c).

(b)
[_] Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).

(c)
[_] Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).

(d)
[_]Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)
[X] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)
[_] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)
[X] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h)
[_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);

(i)
[_] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)
[_] Group, in accordance with s.240.13d-1(b)(1)(ii)(J).
 
_______________________________________
 
2
Silver Point is the investment manager of the Onshore Fund and the Offshore Fund and by virtue of such status may be deemed to be the beneficial owner of the securities held by the Onshore Fund and the Offshore Fund. Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point and as a result may be deemed to be the beneficial owner of the securities held by the Onshore Fund and the Offshore Fund. Each of Mr. Edward A. Mulé and Mr. Robert J. O'Shea is a member of Management and has voting and investment power with respect to the securities held by the Onshore Fund and the Offshore Fund and may be deemed to be a beneficial owner of the securities held by the Onshore Fund and the Offshore Fund.
 

CUSIP No.   53768109
13G
 
 
Item 4
Ownership:
 
 
A.
    Silver Point Capital, L.P.
 
 
(a)
Amount beneficially owned:  3,375,000
 
 
(b)
Percent of class:   6.3%
     
 
(c)
Number of shares as to which such person has:
 
 
(i)
Sole power to vote or direct the vote: 3,375,000
     
 
(ii)
Shared power to vote or direct the vote: -0-
 
 
(iii)
Sole power to dispose or direct the disposition: 3,375,000
 
 
(iv)
Shared power to dispose or direct the disposition: -0-
 
 
B.
    Edward A. Mulé
 
 
(a)
Amount beneficially owned:   3,375,000
 
 
(b)
Percent of class:   6.3%
 
 
(c)
Number of shares as to which such person has:
 
 
(i)
Sole power to vote or direct the vote:   -0-
     
 
(ii)
Shared power to vote or direct the vote:  3,375,000
 
 
(iii)
Sole power to dispose or direct the disposition:  -0-
 
 
(iv)
Shared power to dispose or direct the disposition:  3,375,000
 
 
 
C.
    Robert J. O'Shea
 
 
(a)
Amount beneficially owned:  3,375,000
 
 
(b)
Percent of class:   6.3%
 
 
(c)
Number of shares as to which such person has:
 
 
(i)
Sole power to vote or direct the vote: :  -0-
     
 
(ii)
Shared power to vote or direct the vote:  3,375,000
 
 
(iii)
Sole power to dispose or direct the disposition:  -0-
 
 
(iv)
Shared power to dispose or direct the disposition:   3,375,000
 
 
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 each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].
 
 
 
 
 
Item 6
 
Ownership of More Than Five Percent on Behalf of Another Person:
 
 
 
 
 
 
 
 
 
See response to Item 4.
 
 
 
 
 
Item 7
 
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
 
 
 
 
 
 
 
Not applicable.
 
Item 8
Identification and Classification of Members of the Group:
 
 
Not applicable.
 
Item 9
Notice of Dissolution of Group:
 
 
Not applicable.
 
Item 10
Certification:
 
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
 
 
 

 
 
CUSIP No.    53768109
13G
 
 
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:  February 17, 2015
 
 
 
Silver Point Capital, L.P.
 
 
 
 
 
By:
/s/ Frederick H. Fogel
 
Name:
Frederick H. Fogel
 
Its:
Authorized Signatory
 
 
 
Edward A. Mulé
 
 
 
 
 
By:
/s/ Frederick H. Fogel
 
Title:
Attorney-in-fact
 
 
 
Robert J. O'Shea
 
 
 
 
 
By:
/s/ Frederick H. Fogel
 
Title:
Attorney-in-fact
 
 
 
 
 
Exhibit A
 
AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G
 
The undersigned hereby agree as follows:
 
(i)   Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and
 
(ii)   Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.
 
Date: February 17, 2015
 
 
 
Silver Point Capital, L.P.
 
 
 
 
 
By:
/s/ Frederick H. Fogel
 
Name:
Frederick H. Fogel
 
Its:
Authorized Signatory
 
 
 
Edward A. Mulé
 
 
 
 
 
By:
/s/ Frederick H. Fogel
 
Title:
Attorney-in-fact
 
 
 
Robert J. O'Shea
 
 
 
 
 
By:
/s/ Frederick H. Fogel
 
Title:
Attorney-in-fact