-----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, Jb+wfA/MamgP6sBsSlFCrOeTPmUt3r/9q4w9r2mpxuq9vIHCOmtusvukDZlLzFy2 NO0M0pH6UbvHhipA5LN2Yg== 0000950103-97-000109.txt : 19970222 0000950103-97-000109.hdr.sgml : 19970222 ACCESSION NUMBER: 0000950103-97-000109 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970214 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EMMIS BROADCASTING CORPORATION CENTRAL INDEX KEY: 0000783005 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 351542018 STATE OF INCORPORATION: IN FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-43521 FILM NUMBER: 97535767 BUSINESS ADDRESS: STREET 1: 950 NORTH MERIDIAN STREET STE 1200 CITY: INDIANAPOLIS STATE: IN ZIP: 46204 BUSINESS PHONE: 3172660100 MAIL ADDRESS: STREET 1: EMMIS BROADCASTING CORP STREET 2: 950 N MERIDAN STREET CITY: INDIAPOLIS STATE: IN ZIP: 46204 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY GROUP INC /DE/ CENTRAL INDEX KEY: 0000789625 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 132838811 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2127034000 SC 13G 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 2)(1) EMMIS BROADCASTING CORPORATION (Name of Issuer) Class A Common Stock, $0.01 par value (Title of Class of Securities) 291525103 (CUSIP Number) - ------------ (1) 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 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.291525103 | 13G | Page 2 of 9 Pages | |____________________________| |______________________________| ___________________________________________________________________________ | 1 | NAME OF REPORTING PERSONS | | | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS | | | Morgan Stanley Group Inc. | | | 13-2838811 | |____|____________________________________________________________________| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | | | _ | | | (a) |_| | | | _ | | | (b) |_| | | | | |____|____________________________________________________________________| | 3 | SEC USE ONLY | | | | |____|____________________________________________________________________| | 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | Delaware | |____|____________________________________________________________________| | | 5 | SOLE VOTING POWER | | | | -0- | | NUMBER OF |____|_______________________________________________| | SHARES | 6 | SHARED VOTING POWER | | BENEFICIALLY | | 416,656 | | OWNED BY |____|_______________________________________________| | EACH | 7 | SOLE DISPOSITIVE POWER | | REPORTING | | -0- | | PERSON |____|_______________________________________________| | WITH | 8 | SHARED DISPOSITIVE POWER | | | | 416,656 | |____________________|____|_______________________________________________| | 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | 416,656 | |____|____________________________________________________________________| | 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ | | | CERTAIN SHARES* |_| | |____|____________________________________________________________________| | 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | 4.97% | |____|____________________________________________________________________| | 12 | TYPE OF REPORTING PERSON* | | | CO | |____|____________________________________________________________________| *SEE INSTRUCTIONS BEFORE FILLING OUT! ______________________________ ________________________________ | | | | |CUSIP No.291525103 | 13G | Page 3 of 9 Pages | |____________________________| |______________________________| ___________________________________________________________________________ | 1 | NAME OF REPORTING PERSONS | | | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS | | | Morgan Stanley LEF I, Inc. | | | | |____|____________________________________________________________________| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | | | _ | | | (a) |_| | | | _ | | | (b) |_| | | | | |____|____________________________________________________________________| | 3 | SEC USE ONLY | | | | |____|____________________________________________________________________| | 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | Delaware | |____|____________________________________________________________________| | | 5 | SOLE VOTING POWER | | | | 0 | | NUMBER OF |____|_______________________________________________| | SHARES | 6 | SHARED VOTING POWER | | BENEFICIALLY | | 0 | | OWNED BY |____|_______________________________________________| | EACH | 7 | SOLE DISPOSITIVE POWER | | REPORTING | | 0 | | PERSON |____|_______________________________________________| | WITH | 8 | SHARED DISPOSITIVE POWER | | | | 0 | |____________________|____|_______________________________________________| | 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | 0 | |____|____________________________________________________________________| | 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ | | | CERTAIN SHARES* |_| | |____|____________________________________________________________________| | 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | 0 | |____|____________________________________________________________________| | 12 | TYPE OF REPORTING PERSON* | | | CO | |____|____________________________________________________________________| *SEE INSTRUCTIONS BEFORE FILLING OUT! ______________________________ ________________________________ | | | | |CUSIP No.291525103 | 13G | Page 4 of 9 Pages | |____________________________| |______________________________| ___________________________________________________________________________ | 1 | NAME OF REPORTING PERSONS | | | S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS | | | Morgan Stanley Leveraged Equity Fund, L.P. | | | | |____|____________________________________________________________________| | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | | | _ | | | (a) |_| | | | _ | | | (b) |_| | | | | |____|____________________________________________________________________| | 3 | SEC USE ONLY | | | | |____|____________________________________________________________________| | 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | Delaware | |____|____________________________________________________________________| | | 5 | SOLE VOTING POWER | | | | 0 | | NUMBER OF |____|_______________________________________________| | SHARES | 6 | SHARED VOTING POWER | | BENEFICIALLY | | 0 | | OWNED BY |____|_______________________________________________| | EACH | 7 | SOLE DISPOSITIVE POWER | | REPORTING | | 0 | | PERSON |____|_______________________________________________| | WITH | 8 | SHARED DISPOSITIVE POWER | | | | 0 | |____________________|____|_______________________________________________| | 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | 0 | |____|____________________________________________________________________| | 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES _ | | | CERTAIN SHARES* |_| | |____|____________________________________________________________________| | 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | 0% | |____|____________________________________________________________________| | 12 | TYPE OF REPORTING PERSON* | | | PN | |____|____________________________________________________________________| *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1(a). Name of Issuer. Emmis Broadcasting Corporation Item 1(b). Address of Issuer's Principal Executive Offices. 950 North Meridan Street Suite 1200 Indianapolis, IN 46204 Item 2(a). Name of Person Filing. Morgan Stanley Group Inc. ("Morgan Stanley") Morgan Stanley LEF I, Inc. ("MSLEF I") Morgan Stanley Leveraged Equity Fund, L.P. ("Fund") Item 2(b). Address of Principal Business Office or, if None, Residence. The address of the principal business and principal office of MSLEF I and Fund is 1221 Avenue of the Americas, New York, New York 10020. The address of the principal business and principal office of Morgan Stanley is 1585 Broadway, New York, New York 10036. Item 2(c). Citizenship. The citizenship of each of Fund, MSLEF I and Morgan Stanley is Delaware. Item 2(d). Title of Class of Securities. This Statement relates to the Company's Class A Common Stock, $.01 par value per share. Item 2(e). CUSIP Number. 291525103 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: N/A _ (a) |_| Broker or dealer registered under Section 15 of the Act, _ (b) |_| Bank as defined in Section 3(a)(6) of the Act, _ (c) |_| Insurance Company as defined in Section 3(a)(19) of the Act, _ (d) |_| Investment Company registered under Section 8 of the Investment Company Act, _ (e) |_| Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940, _ (f) |_| Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F), _ (g) |_| Parent Holding Company, in accordance with Section 240.13d-1(b)(1)(ii)(G) (Note: See Item 7), _ (h) |_| Group, in accordance with Section 240.13d- 1(b)(1)(ii)(H). Item 4. Ownership. (a) Amount Beneficially Owned: Fund may be deemed to own beneficially 0 shares of Common Stock as of December 31, 1996. MSLEF I may be deemed to own beneficially 0 shares of Common Stock as of December 31, 1996. Morgan Stanley & Co. Incorporated ("MS & Co.") may be deemed to own beneficially 36,012 shares of Common Stock as of December 31, 1996. As described below, Morgan Stanley may be deemed to own beneficially 416,656 shares of Common Stock as of December 31, 1996. Morgan Stanley, as the sole shareholder of MS & Co., has the power to control the actions of MS & Co. Accordingly, Morgan Stanley may be deemed to own beneficially the 36,012 shares of Common Stock owned by MS & Co., as well as the 380,644 shares owned by Morgan Stanley. (b) Percent of Class:(2) Morgan Stanley 4.97% MSLEF I 0.00% Fund 0.00% - ------------ (2) Based on the 8,376,991 shares of Common Stock reported to be outstanding in the report on Form 10-Q filed for the quarter ended November 30, 1996 by Issuer. (c) Deemed Voting Power and Disposition Power: (i) (ii) (iii) (iv) Deemed Deemed Deemed Deemed to have to have to have to have Sole Power Shared Power Sole Power Shared Power to Vote to Vote to Dispose to Dispose or to or to or to or to Direct Direct Direct the Direct the the Vote the Vote Disposition Disposition Morgan Stanley 380,644 36,012 380,644 36,012 MSLEF I 0 0 0 0 Fund 0 0 0 0 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 the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X]. Item 6. Ownership of More than Five Percent on Behalf of Another Person. N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. See Item 4 Item 8. Identification and Classification of Members of the Group. N/A Item 9. Notice of Dissolution of Group. N/A Item 10. Certification. N/A SIGNATURE After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: February 14, 1997 Morgan Stanley Leveraged Equity Fund, L.P. By: /s/ Peter R. Vogelsang ---------------------- Name: Peter R. Vogelsang Title: Secretary Morgan Stanley LEF I, Inc. By: /s/ Peter R. Vogelsang ---------------------- Name: Peter R. Vogelsang Title: Secretary Morgan Stanley Group Inc. By: /s/ Peter R. Vogelsang ---------------------- Name: Peter R. Vogelsang Title: Secretary Attention: Intentional misstatements or omissions of fact constitute Federal Criminal violations (See 18 U.S.C. 10001) -----END PRIVACY-ENHANCED MESSAGE-----