CHIQUITA BRANDS INTERNATIONAL INC
SC 13D/A, 1995-09-13
MEAT PACKING PLANTS
Previous: ADVANTA CORP, S-3, 1995-09-13
Next: CHIQUITA BRANDS INTERNATIONAL INC, SC 13D/A, 1995-09-13



    <PAGE>
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934


                                (Amendment No. 2)


                       Chiquita Brands International, Inc.
                                (Name of Issuer)


                             $1.32 Depositary Shares
              (Each representing one-fifth of a share of Chiquita's
                  Series C Manditorily Exchangeable Cumulative
                        Preference Stock, Without par value)        
                         (Title of Class of Securities)



                                  170032-30-4  
                                 (CUSIP Number)


                              James E. Evans, Esq.
                             One East Fourth Street
                             Cincinnati, Ohio 45202
                                 (513) 579-2536                     
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)



                                September 7, 1995                     
             (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 which is the subject of this Schedule 13D, and  is
    filing this  schedule  because of  Rule  13d-1(b)(3)  or (4),  check  the
    following box [ ].

    Check the following box if a fee is being paid with this statement [ ].

                               Page 1 of 10 Pages

    <PAGE>

    CUSIP NO. 170032-30-4          13D             Page 2 of 10 Pages
      
    1    NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

              American Financial Group, Inc.               31-1422526
              American Financial Corporation               31-0624874

    2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) [X]
                                                              (b) [ ]
    3    SEC USE ONLY

    4    SOURCE OF FUNDS*
              N/A

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

    6    CITIZENSHIP OR PLACE OF ORGANIZATION
              Ohio corporations
       
    7    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
         WITH:
             SOLE VOTING POWER
               - - - 

    8    SHARED VOTING POWER
              0 (See Item 5)

    9    SOLE DISPOSITIVE POWER
               - - -

    10    SHARED DISPOSITIVE POWER
              0 (See Item 5)

    11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
          PERSON
              0 (See Item 5)

    12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
          EXCLUDES CERTAIN SHARES*                                [ ]

    13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
              0.0% (See Item 5)

    14    TYPE OF REPORTING PERSON*
              HC
              HC

    <PAGE>

    CUSIP NO. 170032-30-4          13D             Page 3 of 10 Pages
      
    1    NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

              Carl H. Lindner
              Carl H. Lindner III
              S. Craig Lindner
              Keith E. Lindner

    2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) [X]
                                                              (b) [ ]
    3    SEC USE ONLY

    4    SOURCE OF FUNDS*
              N/A

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

    6    CITIZENSHIP OR PLACE OF ORGANIZATION

              United States Citizens
       
    7    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
         WITH:
         SOLE VOTING POWER
               - - - 

    8    SHARED VOTING POWER
              0 (See Item 5)

    9    SOLE DISPOSITIVE POWER
               - - -

    10    SHARED DISPOSITIVE POWER
              0 (See Item 5)

    11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
          PERSON
              0 (See Item 5)

    12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
          EXCLUDES CERTAIN SHARES*                                [ ]

    13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
              0.0% (See Item 5)

    14    TYPE OF REPORTING PERSON*
              IN

    <PAGE>

    Item 1. Security and Issuer.

            This  Amendment No.  2 to  Schedule 13D  is filed  on  behalf of
    American  Financial   Group,   Inc.  ("American   Financial"),   American
    Financial Corporation ("AFC"),  and Carl H. Lindner, Carl H. Lindner III,
    S.  Craig  Lindner  and Keith  E.  Lindner  (collectively,  the  "Lindner
    Family")   (American  Financial,   AFC  and   the   Lindner  Family   are
    collectively  referred to  as  the  "Reporting  Persons"), to  amend  and
    update the  Schedule  13D  most  recently  amended  on  April  12,  1995,
    relative to the $1.32 Depositary  Shares (each of which  represented one-
    fifth  of  a  share  of  Series  C  Manditorily  Exchangeable  Cumulative
    Preference Stock,  without par value  ("$1.32 Depositary Shares")  issued
    by Chiquita Brands International, Inc. ("Chiquita").

            As of  September 1, 1995, the  Lindner Family beneficially owned
    approximately  49.9%  of   the  outstanding  common  stock   of  American
    Financial  and American Financial  beneficially owned  all of  the common
    stock  of  AFC  (approximately 79%  of  AFC's  outstanding  voting equity
    securities).

            The principal executive offices of  Chiquita are located at  250
    East Fifth  Street, Cincinnati, Ohio   45202.  All  capitalized terms not
    otherwise defined herein shall have the  meanings assigned to them in the
    Schedule  13D, as  amended.   Items not  included in  this amendment  are
    either not amended or are not  applicable.  As a result of the conversion
    of the $1.32  Depositary Shares reported  herein, no  further filings  on
    Schedule  13D  will  be  made  on  this  Schedule  with  respect  to such
    securities.

    Item 5. Interest in Securities of the Issuer.

            On  September 7,  1995,  the 1,000,000  $1.32  Depositary Shares
    (approximately   30.8%   of   the   outstanding  class   of   securities)
    beneficially owned  by the  Reporting Persons were  converted pursuant to
    their terms into a like number  of shares of Chiquita common stock.  As a
    result,  the Reporting  Persons  ceased to  beneficially  own any  of the
    $1.32 Depositary Shares at that date.

            To the  best knowledge  and  belief of  the undersigned,  as  of
    September 8, 1995, and within the 60  day period prior thereto, no  other
    transactions involving Chiquita $1.32 Depositary Shares  had been engaged
    in by the Reporting Persons or by the  directors and officers of American
    Financial or AFC.




                                      - 4 -

    <PAGE>

    Item 7. Material to be filed as Exhibits.

            (1)      Agreement   required  pursuant   to  Regulation  Section
                     240.13d-1(f)(1)   promulgated   under   the   Securities
                     Exchange Act of 1934, as amended.

            (2)      Powers of  Attorney executed in  connection with filings
                     under the Securities Exchange Act of 1934, as amended.

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


    Dated:  September 13, 1995        AMERICAN FINANCIAL GROUP, INC.


                                      By: James C. Kennedy              
                                           James C. Kennedy, Secretary

                                        AMERICAN FINANCIAL CORPORATION


                                        By: James C. Kennedy                 

                                            James C. Kennedy, Deputy General
                                              Counsel and Secretary


                                              James C. Kennedy               

                                              James C. Kennedy, As
                                              Attorney-in-Fact for:
                                                       Carl H. Lindner
                                                       Carl H. Lindner III
                                                       S. Craig Lindner
                                                       Keith E. Lindner


    


                                      - 5 -

    <PAGE>
    Exhibit 1
                                    AGREEMENT

            This Agreement executed this 7th  day of April, 1995, is  by and
    between American  Premier Group, Inc.  ("American Premier") and  American
    Financial Corporation  ("AFC"), both  Ohio corporations,  located at  One
    East Fourth Street,  Cincinnati, Ohio 45202, and Carl H. Lindner ("CHL"),
    Carl H. Lindner  III (CHL  III), S. Craig  Lindner ("SCL")  and Keith  E.
    Lindner ("KEL"), each an individual, the business address of  each is One
    East Fourth Street,  Cincinnati, Ohio 45202.   CHL, CHL III, SCL  and KEL
    are referred to herein collectively as the Lindner Family.

            WHEREAS, as  of the  date of  this Agreement,  American  Premier
    owns 100% of the  common stock of AFC and the Lindner Family beneficially
    owns approximately 49.9%  of American Premier's outstanding  Common Stock
    and  each member  of  the  Lindner Family  is  a  director and  executive
    officer of American Premier and AFC;

            WHEREAS, the Lindner  Family may be deemed to be  the beneficial
    owner of  securities  held  by  AFC  and  its  subsidiaries  pursuant  to
    Regulation Section  240.13d-3 promulgated  under the Securities  Exchange
    Act of 1934, as amended;

            WHEREAS, American  Premier and  AFC and their  subsidiaries from
    time to  time must file  statements pursuant to  certain sections of  the
    Securities Exchange Act  of 1934, as amended, concerning the ownership of
    equity securities of public companies; 

            NOW THEREFORE  BE IT  RESOLVED, that  American Premier,  AFC and
    the Lindner Family, do  hereby agree to file jointly with  the Securities
    and  Exchange Commission  any  schedules or  other filings  or amendments
    thereto  made by  or on behalf of  American Premier, AFC  or any of their
    subsidiaries pursuant  to Section 13(d), 13(f),  13(g), and  14(d) of the
    Securities Exchange Act of 1934, as amended.
                                      AMERICAN PREMIER GROUP, INC.
                                      AMERICAN FINANCIAL CORPORATION
                                      By: /s/ James E. Evans          
                                          James E. Evans
                                          Vice President & General Counsel

                                      /s/ Carl H. Lindner              
                                      Carl H. Lindner

                                      /s/ Carl H. Lindner III          
                                      Carl H. Lindner III

                                      /s/ S. Craig Lindner             
                                      S. Craig Lindner

                                      /s/ Keith E. Lindner             
                                      Keith E. Lindner

                                      - 6 -

    <PAGE>

    Exhibit 2

                                POWER OF ATTORNEY



            I, Carl H.  Lindner, do hereby appoint James  E. Evans and James
    C. Kennedy, or  either of them, as  my true and lawful  attorneys-in-fact
    to  sign on  my  behalf individually  and  as Chairman  of the  Board  of
    Directors and Chief  Executive Officer of American Premier Group, Inc. or
    as  a director or  executive officer  of any  of its subsidiaries  and to
    file with the Securities and  Exchange Commission any schedules  or other
    filings  or amendments  thereto  made  by me  or  on behalf  of  American
    Premier  Group, Inc.  or  any of  its  subsidiaries pursuant  to Sections
    13(d), 13(f),  13(g), and  14(d) of  the Securities  and Exchange  Act of
    1934, as amended.

            IN WITNESS WHEREOF,  I have hereunto set my hand  at Cincinnati,
    Ohio this 4th day of April, 1995.



                                      /s/ Carl H. Lindner               
                                      Carl H. Lindner



                                      - 7 -


    <PAGE>

                                POWER OF ATTORNEY



            I, Carl  H. Lindner III,  do hereby appoint  James E.  Evans and
    James C. Kennedy, or either of them, as  my true and lawful attorneys-in-
    fact to  sign on my behalf individually and as an  officer or director of
    American  Premier Group,  Inc. or as  a director or  executive officer of
    any  of its  subsidiaries and  to file  with the  Securities and Exchange
    Commission any schedules or other  filings or amendments thereto  made by
    me  or  on  behalf  of  American  Premier  Group,  Inc.  or  any  of  its
    subsidiaries pursuant to Sections 13(d),  13(f), 13(g), and 14(d)  of the
    Securities and Exchange Act of 1934, as amended.

            IN WITNESS WHEREOF,  I have hereunto set my hand  at Cincinnati,
    Ohio this 4th day of April, 1995.



                                      /s/ Carl H. Lindner III              
                                      Carl H. Lindner III


                                      - 8 -

    <PAGE>

                                POWER OF ATTORNEY



            I, S. Craig Lindner, do hereby appoint James E. Evans and  James
    C. Kennedy, or  either of them, as  my true and  lawful attorneys-in-fact
    to  sign on  my  behalf individually  and as  an  officer or  director of
    American  Premier Group,  Inc. or as  a director or  executive officer of
    any  of its  subsidiaries and  to file  with the  Securities and Exchange
    Commission any schedules or other  filings or amendments thereto  made by
    me  or  on  behalf  of  American  Premier  Group,  Inc.  or  any  of  its
    subsidiaries pursuant to Sections 13(d),  13(f), 13(g), and 14(d)  of the
    Securities and Exchange Act of 1934, as amended.

            IN WITNESS WHEREOF,  I have hereunto set my hand  at Cincinnati,
    Ohio this 4th day of April, 1995.



                                      /s/ S. Craig Lindner                 
                                      S. Craig Lindner




                                      - 9 -


    <PAGE>

                                POWER OF ATTORNEY



            I, Keith E. Lindner, do hereby appoint James E. Evans and  James
    C. Kennedy, or  either of them, as  my true and  lawful attorneys-in-fact
    to  sign on  my  behalf individually  and as  an  officer or  director of
    American  Premier Group,  Inc. or as  a director or  executive officer of
    any  of its  subsidiaries and  to file  with the  Securities and Exchange
    Commission any schedules or other  filings or amendments thereto  made by
    me  or  on  behalf  of  American  Premier  Group,  Inc.  or  any  of  its
    subsidiaries pursuant to Sections 13(d),  13(f), 13(g), and 14(d)  of the
    Securities and Exchange Act of 1934, as amended.

            IN WITNESS WHEREOF,  I have hereunto set my hand  at Cincinnati,
    Ohio this 4th day of April, 1995.



                                      /s/ Keith E. Lindner               
                                      Keith E. Lindner






© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission