-----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, ByafTSgkQxfeLM3R3PxYnEiPt/9ZoFN7AS0QMH+NS/mJWMczbDIur2JOOC0BQMYx EkLkznveTFrMxAlQncqeQg== 0001089447-06-000007.txt : 20060222 0001089447-06-000007.hdr.sgml : 20060222 20060221175028 ACCESSION NUMBER: 0001089447-06-000007 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060222 DATE AS OF CHANGE: 20060221 GROUP MEMBERS: MCM MANAGEMENT, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DENDRITE INTERNATIONAL INC CENTRAL INDEX KEY: 0000880321 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 222786386 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-48071 FILM NUMBER: 06634189 BUSINESS ADDRESS: STREET 1: 1405/1425 ROUTE 206 SOUTH CITY: BEDMINSTER STATE: NJ ZIP: 07921 BUSINESS PHONE: 9084432000 MAIL ADDRESS: STREET 1: 1405/1425 ROUTE 206 SOUTH CITY: BEDMINSTER STATE: NJ ZIP: 07921 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MMI INVESTMENTS LP CENTRAL INDEX KEY: 0001089447 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 141810589 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O MMI INVESTMENTS LLC, GENERAL PARTNER STREET 2: 26 WING RD CITY: MILLBROOK STATE: NY ZIP: 12545 BUSINESS PHONE: 9146778383 MAIL ADDRESS: STREET 1: C/O MMI INVESTMENTS LLC, GENERAL PARTNER STREET 2: WING ROAD RR 1, BOX 167D CITY: MILLBROOK STATE: NY ZIP: 12545 FORMER COMPANY: FORMER CONFORMED NAME: MMI INVESTMENTS II-A LP DATE OF NAME CHANGE: 19990623 SC 13D/A 1 drte-13da_amendment3.htm AMENDMENT NO. 3 TO SCHEDULE 13D
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 3)*


Dendrite International, Inc.


(Name of Issuer)



Common Stock, no par value


(Title of Class of Securities)



248239105


(CUSIP Number)


Jerome J. Lande
MMI Investments, L.P.
1370 Avenue of the Americas
New York, New York 10019
(212) 586-4333


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



February 21, 2006


(Date of Event which Requires Filing of this Statement)


- Page 1 of 8 -





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7 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 (“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).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.


- Page 2 of 8 -





 


CUSIP No. 248239105


 

 

1.




NAMES OF REPORTING PERSONS...........................MMI Investments, L.P.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY): 141810589






2.
 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 

(a) [ ]
(b) [ ]

 
3.


SEC USE ONLY





4.


SOURCE OF FUNDS (See Instructions)


OO


5.



CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)


[ ]



6.


CITIZENSHIP OR PLACE OF ORGANIZATION


Delaware


NUMBER OF

SHARES
     7. SOLE VOTING POWER



4,245,200



BENEFICIALLY

OWNED BY
     8. SHARED VOTING POWER







EACH

REPORTING
     9. SOLE DISPOSITIVE POWER



4,245,200



PERSON

WITH

     10. SHARED DISPOSITIVE POWER







11.


AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON

4,245,200


12.


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

[ ]


13.


PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)


9.8%


14.


TYPE OF REPORTING PERSON


PN


- Page 3 of 8 -



 


CUSIP No. 248239105


 

 

1.




NAMES OF REPORTING PERSONS...........................MCM Management, LLC
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY): 141814578






2.
 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 

(a) [ ]
(b) [ ]

 
3.


SEC USE ONLY





4.


SOURCE OF FUNDS (See Instructions)


AF


5.



CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e)


[ ]



6.


CITIZENSHIP OR PLACE OF ORGANIZATION


Delaware


NUMBER OF

SHARES
     7. SOLE VOTING POWER



4,245,200



BENEFICIALLY

OWNED BY
     8. SHARED VOTING POWER







EACH

REPORTING
     9. SOLE DISPOSITIVE POWER



4,245,200



PERSON

WITH

     10. SHARED DISPOSITIVE POWER







11.


AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON

4,245,200


12.


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

[ ]


13.


PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)


9.8%


14.


TYPE OF REPORTING PERSON


OO


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ITEM 1. SECURITY AND ISSUER

                This Amendment No. 3 to statement on Schedule 13D (this "Statement") relates to the Common Stock, no par value (the "Common Stock"), of Dendrite International, Inc., a New Jersey corporation (the "Issuer" or the "Company"), the principal executive offices of which are located at 1405 U.S. Highway 206, Bedminster, NJ 07921. This Amendment No. 3 amends and restates in full each of the items set forth below. Terms not defined in this Amendment No.3 shall have the respective meanings given to such terms in the Schedule 13D originally filed on December 13, 2005 ("Original Schedule 13D").

ITEM 4. PURPOSE OF TRANSACTION

                MMI Investments purchased the Shares as part of its investment activities. The Reporting Persons intend to review and evaluate the investment by MMI Investments in the Common Stock of the Issuer on an ongoing basis and may, depending upon their evaluation of the business and prospects of the Issuer, or such other considerations as they may deem relevant, determine to increase, decrease, or dispose of MMI Investments' holdings of Common Stock. As a part of such review and evaluation, the Reporting Persons may communicate with the Issuer's management, directors and other shareholders.

                In order to allow MMI Investments to increase its ownership to more than 10% of the outstanding Common Stock of the Issuer, MMI Investments on February 6, 2006 filed a Notification and Report Form under the Hart Scott Rodino Antitrust Improvements Act of 1976, as amended ("HSR Act") and has requested early termination of the waiting period pursuant to the HSR Act. The Issuer made its responsive HSR filing on February 21, 2006, and the Federal Trade Commission could exercise its discretion to grant such early termination at any time following such filing; absent an early termination or a governmental request for additional information, the waiting period will expire on March 8, 2006. Upon expiration of the waiting period, the Reporting Persons would be permitted under HSR to purchase additional shares of Common Stock such that the Reporting Persons would hold up to $113.4 million in total market value of Common Stock at the time of such purchase. However, MMI Investments will not purchase Common Stock of the Issuer if, as a result of the purchase, it would own more than 14.9% of the outstanding Common Stock (which would have represented a market value of $79,960,031 based on the number of shares outstanding at October 31, 2005 and the closing price on February 17, 2006).

                Other than as described in this Item 4, neither Reporting Person, nor, to the knowledge of each Reporting Person, any individuals listed on Schedule I, has any current plan or proposal that relates to or would result in any of the transactions or other matters specified in clauses (a) through (j) of Item 4 of Schedule 13D; provided that the Reporting Persons reserve the right to develop such plans or proposals.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS

                See Exhibit Index appearing elsewhere herein, which is incorporated herein by reference.


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SIGNATURE

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

        Pursuant to Rule 13d-1(k)(1)(iii) of Regulation 13D-G of the General Rules and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agree that the attached statement is filed on behalf of each of them.

Date: February 21, 2006

MMI INVESTMENTS, L.P.

By: MCM Management, LLC
       General Partner

By: /s/ JEROME J. LANDE
       Jerome J. Lande
       Executive Vice President

MCM MANAGEMENT, LLC

By: /s/ JEROME J. LANDE
       Jerome J. Lande
       Executive Vice President


- Page 6 of 8 -



SCHEDULE I

Name and Business Address Position and Principal Occupation

John S. Dyson
1370 Avenue of the Americas
New York, New York 10019

Voting Member and Chairman of MCM;
Voting Member and Chairman of Millcap Advisors, LLC
("Millcap"), a Delaware limited liability company
1370 Avenue of the Americas, New York, New York 10019

Clay B. Lifflander
1370 Avenue of the Americas
New York, New York 10019

Voting Member and President of MCM;
Voting Member and President of Millcap


- Page 7 of 8 -




EXHIBIT INDEX

Number Description

1.

Joint Filing Agreement dated as of December 13, 2005, by and between MMI Investments and MCM (incorporated by reference to Exhibit 1 to the Original Schedule 13D)


- Page 8 of 8 -




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