-----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, CiQB7mRyB/1xGxnW5lsGiiqMR5cIVZUgT1gwGBtyjhXdGH0Y2pJn2GeV4852nb6m 1z4Na/5nQtZOOmHiWVIRyg== 0000950123-98-001230.txt : 19980212 0000950123-98-001230.hdr.sgml : 19980212 ACCESSION NUMBER: 0000950123-98-001230 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19980211 SROS: NONE GROUP MEMBERS: GERALD W. SCHWARTZ GROUP MEMBERS: OMI QUEBEC FCI LLC 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: SEC FILE NUMBER: 005-45347 FILM NUMBER: 98530308 BUSINESS ADDRESS: STREET 1: 4508 IDS CENTER CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 6163366000 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 TOWER AUTOMOTIVE INC. 1 Page 1 of 13 Pages SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) Under the Securities Exchange Act of 1934 (Amendment No. 3)* 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 11 2 CUSIP No. 891 707 101 13G ----------- Page 2 of 13 Pages - --------------------- ------------------------ - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS OMI Quebec FCI LLC - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| 2 (b) |_| - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 Delaware - -------------------------------------------------------------------------------- NUMBER OF SOLE VOTING POWER 5 SHARES None -------------------------------------------------- BENEFICIALLY SHARED VOTING POWER 6 OWNED BY 685,000 (includes 185,000 shares over which Onex Corporation has voting control pursuant EACH to proxies executed in its favor) ------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER 7 PERSON None -------------------------------------------------- WITH SHARED DISPOSITIVE POWER 8 685,000 (includes 185,000 shares over which Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 685,000 (includes 185,000 shares over which Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 |_| - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11 3.0%. - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* 12 CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 3 CUSIP No. 891 707 101 13G ----------- Page 3 of 13 Pages - --------------------- ------------------------ - -------------------------------------------------------------------------------- NAME OF REPORTING PERSONS 1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS ONEX CORPORATION - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| 2 (b) |_| - -------------------------------------------------------------------------------- SEC USE ONLY 3 - -------------------------------------------------------------------------------- CITIZENSHIP OR PLACE OF ORGANIZATION 4 Ontario, Canada - -------------------------------------------------------------------------------- NUMBER OF SOLE VOTING POWER 5 SHARES None -------------------------------------------------- BENEFICIALLY SHARED VOTING POWER 6 OWNED BY 685,000 (includes 185,000 shares over which Onex Corporation has voting control pursuant EACH to proxies executed in its favor) ------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER 7 PERSON None -------------------------------------------------- WITH SHARED DISPOSITIVE POWER 8 685,000 (includes 185,000 shares over which Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 685,000 (includes 185,000 shares over which Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 |_| - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11 3.0%. - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* 12 CO - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 4 CUSIP No. 891 707 101 13G ----------- Page 4 of 13 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 685,000 (includes 185,000 shares over which Onex Corporation has voting control pursuant EACH to proxies executed in its favor) ------------------------------------------------- REPORTING SOLE DISPOSITIVE POWER 7 PERSON None -------------------------------------------------- WITH SHARED DISPOSITIVE POWER 8 685,000 (includes 185,000 shares over which Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 685,000 (includes 185,000 shares over which Onex Corporation has voting control pursuant to proxies executed in its favor) - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 |_| - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11 3.0%. - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* 12 IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 5 CUSIP No. 891 707 101 13G ----------- Page 5 of 13 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 0 -------------------------------------------------- EACH SOLE DISPOSITIVE POWER 7 REPORTING None -------------------------------------------------- PERSON SHARED DISPOSITIVE POWER 8 WITH 0 - -------------------------------------------------------------------------------- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 9 0 - -------------------------------------------------------------------------------- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 10 |_| - -------------------------------------------------------------------------------- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 11 0.0% - -------------------------------------------------------------------------------- TYPE OF REPORTING PERSON* 12 00 - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! 6 Page 6 of 13 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") OMI Quebec FCI LLC ("FCI") Onex, Mr. Schwartz, Onex DHC and FCI 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 and FCI is: 421 Leader Street Marion, Ohio 43302 7 Page 7 of 13 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. FCI is a Delaware 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: 685,000 (includes 185,000 shares over which Onex has voting control pursuant to proxies executed in its favor) (b) Percent of Class: 3.0% 8 Page 8 of 13 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: 685,000 (includes 185,000 shares over which 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: 685,000 (includes 185,000 shares over which a wholly-owned subsidiary of Onex has voting control pursuant to proxies executed in its favor) FCI is the direct beneficial owner of 500,000 of the shares of Common Stock reported. Onex, as the indirect owner of the equity of FCI, 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. Onex DHC has disposed of all of its shares of Common Stock. On April 18, 1997, FCI purchased 500,000 shares of Common Stock in connection with the public offering of such shares. Certain stockholders of the Company, owning 185,000 shares of Common Stock, have granted to Onex a proxy to vote their shares in the same manner as Onex. 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. 9 Page 9 of 13 Pages Item 5 Ownership of Five Percent or Less of a Class: -------------------------------------------- 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. 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 10 Page 10 of 13 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: January 30, 1998 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 OMI QUEBEC FCI LLC By: /s/ Donald F. West -------------------------------- Name: Donald F. West Title: Authorized Signatory 11 Page 11 of 13 Pages Index to Exhibits ----------------- Page No. in Sequential Exhibit Numbering System - ------- ---------------- 1. Joint Filing Agreement, dated January 30, 1998, among Onex DHC, FCI, 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 13 of 13 Pages Exhibit 1 AGREEMENT JOINT FILING OF SCHEDULE 13G The undersigned hereby agree to file jointly Amendment No. 3 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 30 day of January, 1998. 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 OMI QUEBEC FCI LLC By: /s/ Donald F. West ---------------------------------------- Name: Donald F. West Title: Authorized Signatory -----END PRIVACY-ENHANCED MESSAGE-----