-----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, NvLOp6jhvECwg7LJjtpFf13Op/Es+d/s/hmrEIzSzXSl3ogk1hY/GhNIQDYLkTuA t7Z7v3hgtgP/3WSCobK92w== 0001005477-97-000768.txt : 19970314 0001005477-97-000768.hdr.sgml : 19970314 ACCESSION NUMBER: 0001005477-97-000768 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970313 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ALLEGHANY CORP /DE CENTRAL INDEX KEY: 0000775368 STANDARD INDUSTRIAL CLASSIFICATION: TITLE INSURANCE [6361] IRS NUMBER: 510283071 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-36110 FILM NUMBER: 97556243 BUSINESS ADDRESS: STREET 1: PARK AVE PLZ CITY: NEW YORK STATE: NY ZIP: 10055 BUSINESS PHONE: 2127521356 MAIL ADDRESS: STREET 1: PARK AVENUE PLAZA CITY: NEW YORK STATE: NY ZIP: 10055 FORMER COMPANY: FORMER CONFORMED NAME: ALLEGHANY FINANCIAL CORP DATE OF NAME CHANGE: 19870115 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SASCO CAPITAL INC / CT/ CENTRAL INDEX KEY: 0000788714 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 061149365 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 10 SASCO HILL RD CITY: FAIRFIELD STATE: CT ZIP: 06430 BUSINESS PHONE: 2032546817 SC 13G 1 SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------- SCHEDULE 13G (Rule 13d-102) UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )* Alleghany Corporation - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, Par Value $1.00 Per Share - -------------------------------------------------------------------------------- (Title of Class of Securities) 017175100 - -------------------------------------------------------------------------------- (CUSIP Number) Check the following box if a fee is being paid with the statement. |_| (A fee is not required only if the reporting 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 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 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). (Continued on following page(s)) Page 1 of 4 Pages SCHEDULE 13G CUSIP No. 017175100 Page 2 of 4 Pages - -------------------------------------------------------------------------------- 1 Name of Reporting Person S.S. or I.R.S. Identification No. of Above Person Sasco Capital, Inc. - -------------------------------------------------------------------------------- 2 Check the Appropriate Box If a Member of a Group* a. |_| b. |X| - -------------------------------------------------------------------------------- 3 SEC Use Only - -------------------------------------------------------------------------------- 4 Citizenship or Place of Organization Fairfield, Connecticut - -------------------------------------------------------------------------------- 5 Sole Voting Power Number of Shares 247,970 Beneficially -------------------------------------------------------- Owned By 6 Shared Voting Power Each Reporting None Person -------------------------------------------------------- With 7 Sole Dispositive Power 431,068 -------------------------------------------------------- 8 Shared Dispositive Power None - -------------------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 431,068 - -------------------------------------------------------------------------------- 10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_| - -------------------------------------------------------------------------------- 11 Percent of Class Represented By Amount in Row (9) 5.95% - -------------------------------------------------------------------------------- 12 Type of Reporting Person* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 4 Pages INFORMATION REQUIRED FOR COMPLYING WITH SCHEDULE 13G Item 1(a) Name of Issuer: The issuer of the securities to which this statement relates is Alleghany Corporation. Item 1(b) Address of Issuer's Principal Executive Offices: 375 Park Avenue 32nd Floor New York, NY 10152 Item 2(a) Name of Person Filing: Sasco Capital, Incorporated Item 2(b) Address of Principal Business Office: 10 Sasco Hill Road Fairfield, CT 06430 Item 2(c) Citizenship: Sasco Capital, Incorporated is a Connecticut corporation whose office is at Fairfield, Connecticut. Item 2(d) Title of Class of Securities: Common stock, par value $1.00 per share. Item 2(e) CUSIP Number: 017175100 Item 3 This statement is filed pursuant to Rule 13d-1(b) and the person filing is: Daniel L. Leary, Secretary, for Sasco Capital, Inc. Item 4 Ownership: The 431,068 acquired by Sasco Capital, Inc. constitute 5.95% of the outstanding shares of Alleghany Corporation. Sasco Capital, Inc. has beneficial ownership to direct the disposition of only these 431,068 and has the sole power to vote 247,970 shares. Sasco Capital, Inc. has no shared powers with regards to any other shares of Alleghany Corporation. Page 4 of 4 Pages Item 5 Ownership of 5% or less of a Class Not applicable. Item 6 Ownership of More than 5% on Behalf of Another Person. Not applicable. Item 7 Identification and Classification of the Subsidiary Which Acquired Security Being Reported on by the Parent Holding Company. Not applicable. Item 8 Identification and Classification of Members of the Group. Not applicable. Item 9 Notice of Dissolution of Group. Item 10 Certification. By signing below, I, Daniel L. Leary Secretary of Sasco Capital, Inc., 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. /s/ Daniel L. Leary ------------------------------ Daniel L. Leary Secretary January 30, 1997 -----END PRIVACY-ENHANCED MESSAGE-----