UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F-HR/A
Form 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: December 31, 1998
Check here if Amendment [x]; Amendment Number: 1
This Amendment (Check only one.): [ ] is a restatement.
[x] adds new holdings entries.
THIS FILING LISTS SECURITIES HOLDINGS REPORTED ON THE FORM FILED 12/31/98
PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FOR WHICH CONFIDENTIAL
TREATMENT HAS EXPIRED.
Institutional Investment Manager Filing this Report:
Name: Milton Arbitrage Partners, LLC
Address: 165 Mason Street
Greenwich, Connecticut 06830
Form 13F File Number: 28-7416
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:
Greenwich, Connecticut February 11, 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: 43
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Form 13F Information Table Value Total: $ 299,138
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(thousands)
List of Other Included Managers:
None
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FORM 13F 12/98 AMENDMENT -- MILTON (SEC USE ONLY)
Name of Reporting Manager Milton Arbitrage Partners, LLC
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Item 1: Item 2: Item 3: Item 4: Item 5: Item 6: Item 7: Item 8:
Name of Issuer Title of CUSIP Fair Market Shares or Investment Discretion Managers Voting
Class Number Value Principal See Authority
(x 1000) Amount Instr. V (Shared)
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(a) (b) (c) (a) (b) (c)
Sole Shared-As Shared- Sole Shared None
Defined in Other
Instr. V
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Aliant Communications Inc. COM 016090102 5,682 139,000 x 139,000
Allegiance Corp. COM 017475104 10,845 232,600 x 232,600
ALLTEL Corp. COM 020039103 628 10,500 x 10,500
American Stores Co. COM 030096101 15,026 406,800 x 406,800
Amerin Corp. COM 03070X106 5,750 243,300 x 243,300
AMP Inc. COM 031897101 25,416 488,181 x 488,181
APRIA Healthcare Group Inc. COM 037933108 804 90,000 x 90,000
Aquila Gas Pipeline Corp. COM 03839B106 1,617 188,900 x 188,900
Avecor Cardiovascular COM 053547105 2,227 181,800 x 181,800
BA Merchant Svcs Inc. CL A 055239107 10,111 502,400 x 502,400
Ballard Med Prods COM 058566100 6,564 270,000 x 270,000
Bankers Tr Corp. COM 066365107 1,709 20,000 x 20,000
Boole and Babbage Inc. COM 098586100 9,193 312,300 x 312,300
BRC Hldgs Inc. COM 05564D108 9,023 481,200 x 481,200
Brylane Inc. COM 117661108 1,395 60,000 x 60,000
Calmat Co. COM 131271108 7,567 245,100 x 245,100
D&N Finl Corp. COM 332864108 832 35,200 x 35,200
Delta & Pine Ld Co. COM 247357106 6,105 165,000 x 165,000
Eagle Hardware & Garden Inc. COM 26959B101 3,387 104,200 x 104,200
First Amer Finl Corp COM 318522307 421 13,100 x 13,100
First Mut Bancorp Inc. COM 320941107 577 32,300 x 32,300
Meyer Fred Inc. Del COM 592907109 21,069 349,700 x 349,700
Getchell Gold Corp COM 374265106 6,426 235,000 x 235,000
Headlands Mortgage Co. COM 421980103 7,900 377,300 x 377,300
Imperial Holly Corp COM 452835101 314 38,655 x 38,655
Irvine Apt. Cmntys Inc. COM 463606103 3,439 107,900 x 107,900
Kuhlman Corp. COM 501206106 9,363 247,200 x 247,200
Learonal Inc. COM 522016104 3,347 98,800 x 98,800
Main Street Finl Corp COM 560633109 2,958 63,700 x 63,700
National Information Group COM 63648P100 392 18,900 x 18,900
Ocean Energy Inc. COM 674812201 449 70,500 x 70,500
Omniamerica Corp. COM 68211J100 3,261 101,900 x 101,900
Oryx Energy Company COM 68763F100 15,640 1,163,900 x 1,163,900
Petersen Cos Inc. CL A 716335104 8,923 263,400 x 263,400
Provident Cos Inc. COM 743862104 15,480 373,000 x 373,000
Quickturn Design Sys Inc. COM 74838E102 11,893 830,946 x 830,946
Rubbermaid Inc. COM 781088109 17,850 567,800 x 567,800
Seagull Energy Corp. COM 812007102 60 9,500 x 9,500
Sequus Pharmaceuticals Inc. COM 817471105 8,541 421,800 x 421,800
Signal Corp. COM 826631103 3,425 100,000 x 100,000
Superior Energy Svcs Inc. COM 868157108 2,338 822,100 x 822,100
Union Camp Corp. COM 905530101 13,928 207,500 x 207,500
Vanguard Cellular Sys Inc. COM 922022108 17,263 668,800 x 668,800
TOTAL 299,138
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