SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
(Rule 13d-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 45)*
CTS Corporation
(Name of issuer)
Common Stock - No par value
(Title of class of securities)
126 501 105
(CUSIP number)
Henry V. Kensing
Dynamics Corporation of America
475 Steamboat Road
Greenwich, Connecticut 06830-7197
(203) 869-3211
(Name, address and telephone number of person
authorized to receive notices and communications)
with a copy to:
Alan C. Myers
Skadden, Arps, Slate, Meagher & Flom LLP
919 Third Avenue
New York, New York 10022
(212) 735-3000
April 25, 1997
(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 |_|.
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*Amendment No. 45 for Dynamics Corporation of America
Amendment No. 17 for LTB Investment Corporation
Dynamics Corporation of America and LTB Investment
Corporation hereby amend and supplement their Schedule 13D relating to the
shares of common stock of CTS Corporation. Capitalized terms not otherwise
defined herein shall have the meanings set forth in the Schedule 13D, as
amended.
Item 4. Purpose of Transaction.
Item 4 is hereby amended to add the following at the end
thereof:
DCA discussed with certain other shareholders of CTS the
possibility of CTS adjourning its 1997 Annual Meeting of Shareholders. DCA
then discussed the matter with CTS. The CTS 1997 Annual Meeting of
Shareholders was convened on April 25, 1997 and adjourned to June 16, 1997.
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.
Dated: April 28, 1997
DYNAMICS CORPORATION OF AMERICA
LTB INVESTMENT CORPORATION
By: /s/ Henry V. Kensing
Name: Henry V. Kensing
Title: Vice President