-----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, UpMHiVGt76Tyh9hwUB/ItjmOXEyz4bjBYFk/u2wMEokp3SMla7QIIzXYx1xXmvez s7sUNZNc3BV3Ev7Jkyip5Q== 0000893838-00-500098.txt : 20001219 0000893838-00-500098.hdr.sgml : 20001219 ACCESSION NUMBER: 0000893838-00-500098 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20001218 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VALUE LINE INC CENTRAL INDEX KEY: 0000717720 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 133139843 STATE OF INCORPORATION: NY FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-36333 FILM NUMBER: 790918 BUSINESS ADDRESS: STREET 1: 220 E 42ND ST CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2129071500 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ARNOLD BERNHARD & CO INC CENTRAL INDEX KEY: 0001107483 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 131540671 STATE OF INCORPORATION: NY FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O HOWARD BRECHER STREET 2: 220 EAST 42ND STREET 6TH FLOOR CITY: NET YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2129071620 MAIL ADDRESS: STREET 1: 220 EAST 42ND STREET 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D/A 1 abco13d1.txt AMENDMENT NO. 1 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------ SCHEDULE 13D Under the Securities Exchange Act of 1934 (AMENDMENT NO. 1)* VALUE LINE, INC. (Name of Issuer) COMMON STOCK, $.10 PAR VALUE (Title of Class of Securities) 920437 10 0 (CUSIP Number) Mr. Howard A. Brecher Arnold Bernhard & Co., Inc. 220 East 42nd Street New York, NY 10017 (212) 907-1620 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 7, 2000 (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 Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7(b) 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 (the "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). - --------------------------- CUSIP No. 920437 10 0 13D - --------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Arnold Bernhard & Co., Inc. TIN: 13-1540671 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)|_| (b)|_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS |_| IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION New York - -------------------------------------------------------------------------------- NUMBER OF SHARES 7 SOLE VOTING POWER BENEFICIALLY OWNED 8,593,403 BY EACH -------------------------------------------------------------- REPORTING 8 SHARED VOTING POWER PERSON WITH Zero -------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 8,593,403 -------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER Zero - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,593,403 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW |_| (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 86.1% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- 2 This Amendment No. 1 to Statement on Schedule 13D amends the Statement on Schedule 13D relating to the Common Stock, $.10 par value ("Common Stock"), of Value Line, Inc. ("Value Line") filed by Arnold Bernhard & Co., Inc. ("AB & Co."), a New York corporation, on March 7, 2000. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. ------------------------------------------------- The source of funds used to purchase the shares of Common Stock owned by AB & Co. was working capital of AB & Co. The amount of such funds was $21,630,486, which includes AB & Co.'s basis in shares of Common Stock acquired before Value Line went public. ITEM 5. INTEREST IN SECURITIES OF VALUE LINE. ------------------------------------ (a) As of the date hereof, AB & Co. is the beneficial owner of 8,593,403 shares of Common Stock, which represents 86.1% of the outstanding shares of Common Stock. (b) AB & Co. has sole power to vote and direct the vote of such shares and sole power to dispose and direct the disposition of such shares. (c) No transactions were effected by AB & Co. or, to the best knowledge of AB & Co., any of the directors or executive officers of AB & Co., in the Common Stock during the 60 days prior to the date of this Statement, except the following, all of which were effected by AB & Co.:
Date Purchase/Sale No. of Shares Price/Share Market 05/02/2000 Purchase 2,600 $35.00 NASDAQ 05/09/2000 Purchase 2,900 $34.875 NASDAQ 05/15/2000 Purchase 3,400 $34.875 NASDAQ 05/18/2000 Purchase 4,358 $34.875 NASDAQ 05/24/2000 Purchase 72,300 $34.00 NASDAQ 06/01/2000 Purchase 9,500 $33.50 NASDAQ 06/07/2000 Purchase 29,800 $35.00 NASDAQ 09/15/2000 Purchase 20,000 $34.9375 NASDAQ 09/18/2000 Purchase 14,400 $34.9570 NASDAQ 09/19/2000 Purchase 6,700 $34.91 NASDAQ 09/26/2000 Purchase 18,800 $34.6630 NASDAQ 09/29/2000 Purchase 1,000 $34.625 NASDAQ 10/02/2000 Purchase 16,000 $34.713 NASDAQ 10/10/2000 Purchase 5,200 $34.73 NASDAQ 10/17/2000 Purchase 2,700 $33.875 NASDAQ 11/03/2000 Purchase 20,000 $34.8125 NASDAQ 11/07/2000 Purchase 20,600 $34.8125 NASDAQ 11/08/2000 Purchase 6,000 $34.475 NASDAQ 11/09/2000 Purchase 2,400 $34.3761 NASDAQ 11/10/2000 Purchase 2,000 $34.3125 NASDAQ 11/15/2000 Purchase 2,500 $34.5625 NASDAQ 11/17/2000 Purchase 8,000 $34.6894 NASDAQ 12/12/2000 Purchase 1,900 $35.0000 NASDAQ 12/13/2000 Purchase 16,200 $34.7260 NASDAQ
(d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by AB & Co. 3 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: December 14, 2000 ARNOLD BERNHARD & CO., INC. By: /s/ Jean B. Buttner ------------------------------------ Jean Bernhard Buttner Chairman of the Board, President and Chief Executive Officer 4 -----END PRIVACY-ENHANCED MESSAGE-----