U S WEST INC /DE/
SC 14D1/A, 1999-06-21
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
Previous: HAVANA GROUP INC, 10QSB/A, 1999-06-21
Next: WASTE CONNECTIONS INC/DE, 3, 1999-06-21





                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                               ----------------

                                 Amendment No. 6

                                       to

                                 SCHEDULE 14D-1

              Tender Offer Statement Pursuant to Section 14(d)(1)
                     of the Securities Exchange Act of 1934

                                       and

                                  SCHEDULE 13D

                   Under the Securities Exchange Act of 1934

                               ----------------

                              Global Crossing Ltd.
                            (Name of Subject Company)

                                 U S WEST, Inc.
                                    (Bidder)

                          Common Stock, $.01 Par Value
                         (Titles of Class of Securities)

                                CUSIP: G3921A100
              (CUSIP Number of Class of Securities) (Common Stock)

                                 U S WEST, Inc.
                             1801 California Street
                                Denver, CO 80202
                                 (303) 672-2700
  (Name, address and telephone number of person authorized to receive notices
                    and communications on behalf of bidder)

                                   Copies to:

                              Dennis J. Block, Esq.
                          Cadwalader, Wickersham & Taft
                                 100 Maiden Lane
                            New York, New York 10038
                                 (212) 504-6000

                            Thomas O. McGimpsey, Esq.
                                 U S WEST, Inc.
                             1801 California Street
                                   Suite 5100
                                Denver, CO 80202
                                 (303) 672-2712


<PAGE>


       U S WEST,  Inc.  hereby amends and supplements its Schedule 14D-1 and 13D
originally  filed on May 21,  1999 (the  "Original  Filing"),  as amended by its
Schedule 14D-1 and 13D, Amendment No. 1, filed on May 24, 1999, Amendment No. 2,
filed on June 8, 1999, Amendment No. 3, filed on June 11, 1999, Amendment No. 4,
filed on June 18, 1999 and  Amendment  No. 5, filed on June 18,  1999  (together
with the  Original  Filing,  the  "Statement")  with respect to the Offer by U S
WEST,  Inc. to purchase  39,259,305  shares of Common  Stock of Global  Crossing
Ltd.,  as set forth in the  Statement.  Capitalized  terms  used  herein and not
otherwise defined shall have the meaning assigned such terms in the Statement.

Item 6.  INTEREST IN SECURITIES OF THE SUBJECT COMPANY.

      The information set forth in the press release dated June 21, 1999,  which
press release is attached hereto as Exhibit (a)(1), is incorporated by reference
herein.

Item 10.  ADDITIONAL INFORMATION.

      The information set forth in the press release dated June 21, 1999,  which
press release is attached hereto as Exhibit (a)(1), is incorporated by reference
herein.

Item 11. Material to be Filed as Exhibits.

  Item 11 is hereby amended by the addition of the following exhibits:

     (a)(1) Press release issued by U S WEST, Inc., dated June 21, 1999.


<PAGE>





                                    SIGNATURE

After due  inquiry  and to the best of its  knowledge  and  belief,  each of the
undersigned  certifies that the information set forth in this statement is true,
complete and correct.

Dated: June 21, 1999

                                          U S WEST, Inc.


                                          By: /s/ Thomas O. McGimpsey
                                             ---------------------------------
                                             Name:  Thomas O. McGimpsey
                                             Title: Assistant Secretary and
                                                    Senior Attorney


<PAGE>



                                  EXHIBIT INDEX

     (a)(1) Press release issued by U S WEST, Inc., dated June 21, 1999.







                                                                  Exhibit (a)(1)

FOR IMMEDIATE RELEASE

Contacts: David Banks of U S WEST, Inc.
          (303) 896-3040
          Edward McCarthy of Beacon Hill Partners, Inc.
          (212) 843-8500

                    U S WEST ANNOUNCES TENDER OFFER RESULTS


COLORADO, June 21, 1999 - U S WEST, Inc. (NYSE: USW) announced today that it has
instructed  the Bank of New York,  the  Depositary,  under its tender  offer for
39,259,305 shares of Global Crossing Ltd.  (Nasdaq:  GBLX) to accept for payment
the shares tendered  pursuant to the tender offer. U S WEST, Inc. also announced
that  240,408,157  shares were  tendered  pursuant to the tender  offer which is
201,148,852  shares more than the number of shares which U S WEST, Inc.  offered
to purchase  pursuant  to the tender  offer.  Accordingly,  U S WEST,  Inc.  has
commenced the proration  process for  determining  which shares will be accepted
for payment. As specified in the Offer to Purchase relating to the tender offer,
such proration  will be based on the number of shares  validly  tendered and not
withdrawn by a shareholder  to the total number of shares  validly  tendered and
not  withdrawn  by all  shareholders  (with  adjustments  to avoid  purchases of
fractional  shares). U S WEST, Inc. expects to announce the proration factor and
to instruct the Depositary to commence payment for shares purchased  pursuant to
the tender offer in approximately five (5) days.


                                  # # # # # #



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