UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F-HR
Form 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: March 31, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Milton Arbitrage Partners, LLC
Address: 165 Mason Street
Greenwich, Connecticut 06830
Form 13F File Number: 28-07416
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: James E. Buck II
Title: Managing Member
Phone: (203)661-7022
Signature, Place, and Date of Signing:
/s/ James E. Buck II Greewich, Connecticut May 12, 2000
- ------------------------------------- --------------------- ------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all
holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 21
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Form 13F Information Table Value Total: $136,536
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(thousands)
INFORMATION HAS BEEN OMITTED FROM THIS PUBLIC FORM 13F REPORT AND FILED
SEPARATELY WITH THE COMMISSION IN A REQUEST FOR CONFIDENTIAL TREATMENT.
List of Other Included Managers:
None
<PAGE>
<TABLE>
<CAPTION>
Form 13F INFORMATION TABLE - Milton Arbitrage Partners LLC (quarter ending 3/31/2000)
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
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INVEST-
MENT
VALUE SHRS OR SH/ PUT/ DISCRE- OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL TION MANAGERS SOLE SHARED NONE
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ASCENT ENTMT GROUP
INC COMMON STOCK 043628106 6200 406549 SH SOLE 406549 0 0
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BOISE CASCADE OFFICE
PRODS COMMON STOCK 097403109 8693 530900 SH SOLE 530900 0 0
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BP AMOCO P L C SPONSORED ADR 055622104 6008 113200 SH SOLE 113200 0 0
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C-CUBE MICROSYSTEMS
INC COMMON STOCK 125015107 9968 136900 SH SOLE 136900 0 0
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CBS CORP COMMON STOCK 12490K107 3664 64700 SH SOLE 64700 0 0
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CONNING CORP COMMON STOCK 208215103 2589 208200 SH SOLE 208200 0 0
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DII GROUP INC COMMON STOCK 232949107 20962 185400 SH SOLE 185400 0 0
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GRAND PREMIER FINL
INC COMMON STOCK 386174106 2318 168600 SH SOLE 168600 0 0
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LENNAR CORP COM COMMON STOCK 526057104 449 20700 SH SOLE 20700 0 0
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LIFELINE SYS INC COMMON STOCK 532192101 191 20949 SH SOLE 20949 0 0
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ORTEL CORP COMMON STOCK 68749W102 4505 24000 SH SOLE 24000 0 0
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REYNOLDS METALS CO COMMON STOCK 761763101 8052 120400 SH SOLE 120400 0 0
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SHOREWOOD PACKAGING
CORP COMMON STOCK 825229107 752 35810 SH SOLE 35810 0 0
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STERLING SOFTWARE
INC COMMON STOCK 859547101 1975 60000 SH SOLE 60000 0 0
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STUDENT LN CORP COMMON STOCK 863902102 2100 51300 SH SOLE 51300 0 0
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TRAVELERS PPTY CAS CL A COMMON
CORP STOCK 893939108 29906 725000 SH SOLE 725000 0 0
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U S CAN CORP COMMON STOCK 90328W105 3888 200000 SH SOLE 200000 0 0
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U S HOME CORP NEW COMMON STOCK 911920106 11854 309600 SH SOLE 309600 0 0
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U S FOODSERVICE COMMON STOCK 90331R101 9319 361900 SH SOLE 361900 0 0
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VIACOM INC CL B COM
COMMON STOCK 925524308 283 5350 SH SOLE 5350 0 0
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WESTELL TECHNOLOGIES CL A COMMON
INC STOCK 957541105 2860 89727 SH SOLE 89727 0 0
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</TABLE>
