-----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, EfaB33T2gTWElzP2Tha3/88WyRu+TA6EpN6JtxSWxOjYSBzYHvT361B+M2hua6nA SGguweO164P7VCjXNL9ctw== 0000950148-01-501078.txt : 20010626 0000950148-01-501078.hdr.sgml : 20010626 ACCESSION NUMBER: 0000950148-01-501078 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010625 GROUP MEMBERS: ASHER GOTTESMAN GROUP MEMBERS: IGOR KORBATOV GROUP MEMBERS: LEN FISCH GROUP MEMBERS: LYLE WEISMAN GROUP MEMBERS: WEISMAN LYLE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: G&L REALTY CORP CENTRAL INDEX KEY: 0000912240 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 954449388 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-42963 FILM NUMBER: 1666699 BUSINESS ADDRESS: STREET 1: 439 N BEDFORD DR CITY: BEVERLY HILLS STATE: CA ZIP: 90210 BUSINESS PHONE: 3102739930 MAIL ADDRESS: STREET 1: 439 NORTH BEDFORD DRIVE CITY: BEVERLY HILLS STATE: CA ZIP: 90210 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEISMAN LYLE CENTRAL INDEX KEY: 0001140464 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 14001 VENTURA BLVD CITY: LOS ANGELES STATE: CA ZIP: 91423 BUSINESS PHONE: 8187890919 MAIL ADDRESS: STREET 1: 14001 VENTURA BLVD CITY: LOS ANGELES STATE: CA ZIP: 91423 SC 13D/A 1 v73693sc13da.txt G & L REALTY CORP. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 6) G & L Realty Corp. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $.01 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 36127 11 09 - -------------------------------------------------------------------------------- (CUSIP Number) Aaron A. Grunfeld, Esq. Resch Polster Alpert & Berger LLP 10390 Santa Monica Blvd., 4th Floor Los Angeles, California 90025 (310) 277-8300 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 22, 2001 - -------------------------------------------------------------------------------- (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 that is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] 2 CUSIP No. 36127 11 09 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Lyle Weisman - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds PF, OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power Shares 81,900 Beneficially ------------------------------------------------------- Owned by 8. Shared Voting Power Each Reporting ------------------------------------------------------- Person 9. Sole Dispositive Power With 81,900 ------------------------------------------------------- 10. Shared Dispositive Power - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 81,900 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) Approximately 3.5% based upon total number of shares shown outstanding on most recent Annual Report - -------------------------------------------------------------------------------- 3 CUSIP No. 36127 11 09 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Asher Gottesman - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds PF, OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power Shares 33,310 Beneficially ------------------------------------------------------- Owned by 8. Shared Voting Power Each Reporting ------------------------------------------------------- Person 9. Sole Dispositive Power With 33,310 ------------------------------------------------------- 10. Shared Dispositive Power - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 33,310 - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) Approximately 1.4% based upon total number of shares shown outstanding on most recent Annual Report - -------------------------------------------------------------------------------- 14. Type of Reporting Person IN - -------------------------------------------------------------------------------- 4 CUSIP No. 36127 11 09 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Len Fisch - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds PF, OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power Shares Beneficially ------------------------------------------------------- Owned by 8. Shared Voting Power Each 160,000 joint voting power with Igor Korbatov Reporting ------------------------------------------------------- Person 9. Sole Dispositive Power With ------------------------------------------------------- 10. Shared Dispositive Power 160,000 joint dispositive power with Igor Korbatov - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 160,000 jointly with Igor Korbatov - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) Approximately 6.9% based upon total number of shares shown outstanding on most recent Annual Report - -------------------------------------------------------------------------------- 14. Type of Reporting Person IN - -------------------------------------------------------------------------------- 5 CUSIP No. 36127 11 09 - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Igor Korbatov - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Source of Funds PF, OO - -------------------------------------------------------------------------------- 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6. Citizenship or Place of Organization United States - -------------------------------------------------------------------------------- Number of 7. Sole Voting Power Shares Beneficially ------------------------------------------------------- Owned by 8. Shared Voting Power Each 160,000 joint voting power with Len Fisch Reporting ------------------------------------------------------- Person 9. Sole Dispositive Power With ------------------------------------------------------- 10. Shared Dispositive Power 160,000 joint dispositive power with Len Fisch - -------------------------------------------------------------------------------- 11. Aggregate Amount Beneficially Owned by Each Reporting Person 160,000 jointly with Len Fisch - -------------------------------------------------------------------------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares - -------------------------------------------------------------------------------- 13. Percent of Class Represented by Amount in Row (11) Approximately 6.9% based upon total number of shares shown outstanding on most recent Annual Report - -------------------------------------------------------------------------------- 14. Type of Reporting Person IN - -------------------------------------------------------------------------------- 6 The Schedule 13D, dated May 11, 2001, filed by the Reporting Persons, as amended by Amendment No. 1 filed on May 17, 2001, as amended by Amendment No. 2 filed on May 18, 2001, as amended by Amendment No. 3 filed on May 31, 2001, as amended by Amendment No. 4 filed on June 6, 2001, as amended by Amendment No. 5 filed on June 13, 2001, is hereby further amended by this Amendment No. 6. Capitalized terms used herein without definition shall have the meanings given to them in prior filings. ITEM 4. PURPOSE OF TRANSACTION Reference is made to the statement on Schedule 13D filed by the Reporting Persons on May 11, 2001, as amended by Amendment No. 1 filed May 17, 2001, as amended by Amendment No. 2 filed May 18, 2001, as amended by Amendment No. 3 filed on May 31, 2001, as amended by Amendment No. 4 filed on June 6, 2001, as amended by Amendment No. 5 filed on June 13, 2001. On June 5, 2001 the Reporting Persons delivered a proposal to the Special Committee of the Board of Directors of the Company, whereby the Reporting Persons offered to acquire, at the election of the Company, either (a) all of the issued and outstanding common stock of the Company (the "Common Stock") (including Common Stock issuable upon conversion of Partnership Interests), but not less than a majority, at a cash price equal to $15.00 per share of Common Stock or (b) all of the assets of the Company at an all cash purchase price equivalent to $15.00 per share of Common Stock (the "Offer"). The Offer was scheduled to expire at five o'clock p.m. Pacific Time on Tuesday, June 12, 2001 unless accepted or mutually extended by that time. Consistent with discussions between representatives of the Special Committee and of the Reporting Persons, the Offer was extended to 5:30 p.m., Pacific Time on Friday, June 22, 2001. By an amendment to the Offer dated June 22, 2001 the Reporting Persons (1) increased the cash price offered for the Common Stock to $15.25 per share, and (2) withdrew their offer to purchase all of the assets of the Company pursuant to alternative (b) of the Offer. The Offer, as amended, will expire at 5:00 p.m. Pacific Time on Friday, July 6, 2001. A copy of the amendment to the Offer is attached as Exhibit B. 7 ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit A, Joint Filing Agreement among the Reporting Persons. Exhibit B, First Amendment to June 5, 2001 Offer to Purchase Stock or Assets of G & L Realty Corp. SIGNATURES 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: June 25, 2001 /s/ Lyle Weisman - ----------------------------------------- Lyle Weisman Date: June 25, 2001 /s/ Asher Gottesman - ----------------------------------------- Asher Gottesman Date: June 25, 2001 /s/ Len Fisch - ----------------------------------------- Len Fisch Date: June 25, 2001 /s/ Igor Korbatov - ----------------------------------------- Igor Korbatov 8 EXHIBIT A Joint Filing Agreement Each of the undersigned hereby agrees to file jointly the statement on Schedule 13D to which this Agreement is attached, and any amendments thereto which may be deemed necessary, pursuant to Regulation 12d (2) (f) promulgated under the Securities Exchange Act of 1934, as amended. It is understood and agreed that each of the parties hereto is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of information concerning such party contained therein, but such party is not responsible for the completeness and accuracy of information concerning any other party unless such party knows or has reason to believe that such information is inaccurate. It is understood and agreed that a copy of this Agreement shall be attached as an exhibit to the statements on Schedule 13D, and any amendments thereto, filed on behalf of the parties hereto. Date: May 11, 2001 /s/ Lyle Weisman --------------------------------------- Lyle Weisman /s/ Asher Gottesman --------------------------------------- Asher Gottesman /s/ Len Fisch --------------------------------------- Len Fisch /s/ Igor Korbatov --------------------------------------- Igor Korbatov 9 June 22, 2001 Board of Directors and Special Committee of the Board of Directors of G & L Realty Corp. 439 North Bedford Drive Beverly Hills, California 90210 Re: First Amendment to June 5, 2001 Offer (the "Offer") to Purchase Stock or Assets of G & L Realty Corp. (the "Company") made by Lyle Weisman, Asher Gottesman, Len Fisch and Igor Korbatov (collectively "WGFK") Gentlemen: The Offer is hereby amended as follows: 1. The price per share set forth in Paragraph A.1 of the Offer is increased to $15.25 per share; 2. Section B of the Offer, referencing a purchase of the Company's assets, is deleted from the Offer; and 3. The expiration date of the offer is extended to 5:00pm, Pacific Time on Friday, July 6, 2001. Except as indicated above, all other terms and conditions of the Offer remain in effect. 10 If you should have any questions, please do not hesitate to contact WGFK through our counsel: Aaron A. Grunfeld, Esq. Resch Polster Alpert & Berger LLP 10390 Santa Monica Boulevard Los Angeles, California, 90025-5058 Phone: (310) 277-8300 Fax: (310) 552-3209 Very truly yours, WFGK: /s/ Lyle Weisman ------------------------------------ Lyle Weisman /s/ Asher Gottesman ------------------------------------ Asher Gottesman /s/ Len Fisch ------------------------------------ Len Fisch /s/ Igor Korbatov ------------------------------------ Igor Korbatov ACCEPTED: On behalf of the Members of the Board of Directors of the Company: By:____________________ Its:_______________ -----END PRIVACY-ENHANCED MESSAGE-----