-----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, JbF5cQKZwo75XZL9gNZa1b4HKumt38OB278Cl+h3VeFvn9DTmhDWVDhYOzXvytoY NdV22XdgZi4JVk8LJLFMjA== 0000950123-97-001317.txt : 19970222 0000950123-97-001317.hdr.sgml : 19970222 ACCESSION NUMBER: 0000950123-97-001317 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19970214 SROS: NONE GROUP MEMBERS: GERALD R. SCHWARTZ GROUP MEMBERS: ONEX CORP GROUP MEMBERS: ONEX DHC LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TOWER AUTOMOTIVE INC CENTRAL INDEX KEY: 0000925548 STANDARD INDUSTRIAL CLASSIFICATION: METAL FORGING & STAMPINGS [3460] IRS NUMBER: 411746238 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45347 FILM NUMBER: 97533273 BUSINESS ADDRESS: STREET 1: 4508 IDS CENTER CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 6123422310 MAIL ADDRESS: STREET 1: 4508 IDS CENTER CITY: MINNEAPOLIS STATE: MN ZIP: 55402 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ONEX CORP CENTRAL INDEX KEY: 0000937226 STANDARD INDUSTRIAL CLASSIFICATION: [] FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 161 BAY STREET STREET 2: P O BOX 700 CITY: TORONTO ONTARIO CANA STATE: A6 MAIL ADDRESS: STREET 1: 161 BAY STREET STREET 2: P O BOX 700 CITY: TORONTO ONTARIO CANA STATE: A6 FORMER COMPANY: FORMER CONFORMED NAME: ONEX CORP ET AL DATE OF NAME CHANGE: 19950209 SC 13G/A 1 AMENDMENT #2 TO SC 13G 1 Page 1 of 11 Pages SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-102) Under the Securities Exchange Act of 1934 (Amendment No. 2)* Tower Automotive, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.01 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 891 707 101 ----------------------------------------------------- (CUSIP Number) Exhibit Index on page 10 2 CUSIP No. 891 707 101 13G Page 2 of 11 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Onex Corporation - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) / / - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Ontario, Canada - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES None -------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 3,141,615 (includes 1,654,837 shares EACH over which a wholly-owned subsidiary of Onex Corporation has voting control REPORTING pursuant to proxies executed in its favor) PERSON -------------------------------------------------- 7 SOLE DISPOSITIVE POWER WITH None -------------------------------------------------- 8 SHARED DISPOSITIVE POWER 3,141,615 (includes 1,654,837 shares over which a wholly-owned subsidiary of Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,141,615 (includes 1,654,837 shares over which a wholly-owned subsidiary of Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 22.0%. - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 3 CUSIP No. 891 707 101 13G Page 3 of 11 Pages - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Gerald W. Schwartz - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / 2 (b) / / - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 Canada - -------------------------------------------------------------------------------- NUMBER OF SOLE VOTING POWER 5 SHARES None -------------------------------------------------- BENEFICIALLY SHARED VOTING POWER 6 OWNED BY 3,141,615 (includes 1,654,837 shares over which a wholly-owned subsidiary of EACH Onex Corporation has voting control pursuant to proxies executed in its REPORTING favor) -------------------------------------------------- PERSON SOLE DISPOSITIVE POWER 7 WITH None -------------------------------------------------- SHARED DISPOSITIVE POWER 8 3,141,615 (includes 1,654,837 shares over which a wholly-owned subsidiary of Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 3,141,615 (includes 1,654,837 shares over which a wholly-owned subsidiary of Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 10 SHARES* / / - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11 22.0% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* 12 IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 4 CUSIP No. 891 707 101 13G Page 4 of 11 Pages - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Onex DHC LLC - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / 2 (b) / / - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 Wyoming - -------------------------------------------------------------------------------- NUMBER OF SOLE VOTING POWER 5 SHARES None ----------------------------------------------------- BENEFICIALLY SHARED VOTING POWER 6 OWNED BY 3,141,615 (includes 1,654,837 shares over which a wholly-owned subsidiary of EACH Onex Corporation has voting control pursuant to proxies executed in its REPORTING favor) ----------------------------------------------------- PERSON SOLE DISPOSITIVE POWER 7 WITH None ----------------------------------------------------- SHARED DISPOSITIVE POWER 8 3,141,615 (includes 1,654,837 shares over which a wholly-owned subsidiary of Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 3,141,615 (includes 1,654,837 shares over which a wholly-owned subsidiary of Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN 10 SHARES* / / - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11 22.0% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* 12 00 - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 5 Page 5 of 11 Pages ITEM 1(a) NAME OF ISSUER: Tower Automotive, Inc. (the "Company") ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 4508 IDS Center Minneapolis, MN 55402 ITEM 2(a) NAME OF PERSON FILING: Onex Corporation ("Onex") Gerald W. Schwartz Onex DHC LLC ("Onex DHC") Onex, Mr. Schwartz and Onex DHC are filing the statement jointly, pursuant to the provisions of Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, as amended, as separate persons and not as members of a group. See Exhibit 1 for their Joint Filing Agreement. ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address for the principal business office of each of Onex and Gerald W. Schwartz is: 161 Bay Street P.O. Box 700 Toronto, Ontario CANADA M5J 2S1 The address of the principal business office of Onex DHC is: 421 Leader Street Marion, Ohio 43302 6 Page 6 of 11 Pages ITEM 2(c) CITIZENSHIP: Gerald W. Schwartz is a citizen of Canada. Onex is an Ontario, Canada corporation. Onex DHC is a Wyoming limited liability company. ITEM 2(d) TITLE OF CLASS OF SECURITIES: Common Stock, $.01 par value per share. ITEM 2(e) CUSIP NO.: 891 707 101 ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A: This statement is not filed pursuant to Rules 13d-1(b) or 13d-2(b). ITEM 4 OWNERSHIP: (a) Amount Beneficially Owned: 3,141,615 (includes 1,653,837 shares over which a wholly-owned subsidiary of Onex has voting control pursuant to proxies executed in its favor) (b) Percent of Class: 22.0% 7 Page 7 of 11 Pages (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 3,141,615 (includes 1,654,837 shares over which a wholly-owned subsidiary of Onex has voting control pursuant to proxies executed in its favor) (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared Power to dispose or to direct the disposition of: 3,141,615 (includes 1,654,837 shares over which a wholly-owned subsidiary of Onex has voting control pursuant to proxies executed in its favor) Onex DHC is the direct beneficial owner of the shares of Common Stock reported. Onex, as the direct and indirect owner of approximately 99% of the equity of DHC, is an indirect beneficial owner of all such shares. Mr. Schwartz is the indirect holder of all the issued and outstanding Multiple Voting Shares of Onex, which are entitled to elect sixty percent (60%) of the members of Onex's Board of Directors and carry such number of votes in the aggregate as represents 60% of the aggregate votes attached to all voting shares of Onex and is thus an indirect beneficial owner of the shares reported. In November 1994, Onex U.S. Investments, Inc., an Ontario, Canada corporation and a wholly owned subsidiary of Onex ("Onex U.S."), transferred 3,531,778 shares of Common Stock of the Company directly beneficially owned by it to Onex DHC. Subsequent to such transfer, Onex DHC sold 2,045,000 of such shares of Common Stock. Onex DHC now directly beneficially owns 1,486,778 shares of Common Stock. Certain stockholders of the Company have granted to Onex U.S. a proxy to vote their shares in the same manner as Onex U.S. As a result of such voting arrangement, each of the signatories to this statement may be deemed to be a member of a group that beneficially owns all the shares beneficially owned by the members of such group. Each of the signatories to this statement disclaims membership in such group. 8 Page 8 of 11 Pages ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not applicable ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: No other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares reported hereunder. ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE 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: Not applicable ITEM 10 CERTIFICATION: Not applicable 9 Page 9 of 11 Pages 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 14, 1997 ONEX CORPORATION By: /s/ Donald W. Lewtas _______________________________________ Name: Donald W. Lewtas Title: Authorized Signatory /s/ Donald W. Lewtas __________________________________________ Authorized signatory for Gerald W. Schwartz ONEX DHC LLC By: /s/ Donald F. West _______________________________________ Name: Donald F. West Title: Authorized Signatory 10 Page 10 of 11 Pages Index to Exhibits
PAGE NO. IN SEQUENTIAL EXHIBIT NUMBERING SYSTEM - ------- ---------------- 1. Joint Filing Agreement, dated February 14, 1997, among Onex DHC, Onex and Mr. Schwartz. 2. Power of Attorney incorporated by reference to the Amendment to Form 4 relating to Dura Automotive Systems, Inc., filed with the Securities and Exchange Commission by Onex on September 10, 1996. 3. Power of Attorney incorporated by reference to the Amendment to Form 4 relating to Dura Automotive Systems, Inc., filed with the Securities and Exchange Commission by Mr. Schwartz on September 10, 1996.
EX-99.1 2 JOINT FILING AGREEMENT 1 Page 11 of 11 Pages Exhibit 1 AGREEMENT JOINT FILING OF SCHEDULE 13G The undersigned hereby agree to file jointly Amendment No. 2 to the Statement on Schedule 13G (the "Statement") relating to the Common Stock, $.01 par value per share, of Tower Automotive, Inc., and any further amendments thereto which may be deemed necessary pursuant to Regulation 13D or G promulgated under Section 13 of the Securities Exchange Act of 1934, as amended. It is understood and agreed that a copy of this Agreement shall be attached as an exhibit to the Statement, filed on behalf of each of the parties hereto. This Agreement may be executed in multiple counterparts, each of which shall constitute an original, one and the same instrument. IN WITNESS WHEREOF, each of the undersigned has executed this Agreement as of the 14th day of February, 1997. ONEX DHC LLC By:/s/ Donald F. West _________________________________________ Name: Donald F. West Title: Authorized Signatory ONEX CORPORATION By: /s/ Donald W. Lewtas _________________________________________ Name: Donald W. Lewtas Title: Authorized Signatory /s/ Donald W. Lewtas ____________________________________________ Authorized Signatory for GERALD SCHWARTZ -----END PRIVACY-ENHANCED MESSAGE-----