CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 19980826
SROS: NASD
GROUP MEMBERS: AMERICAN FINANCIAL ACQUISITION CORPORATION
GROUP MEMBERS: RIVERSIDE GROUP INC/FL
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: WICKES INC.
CENTRAL INDEX KEY: 0000910620
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER
BUILDING
MATERIALS DEALERS [5211]
IRS NUMBER: 363554758
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1228
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT:
SEC FILE NUMBER: 005-42945
FILM NUMBER: 98698159
BUSINESS ADDRESS:
STREET 1: 706 N DEERPATH DR
CITY: VERNON HILLS
STATE: IL
ZIP: 60061
BUSINESS PHONE: 8473673400
MAIL ADDRESS:
STREET 1: 706 NORTH DEERPATH DR
CITY: VERNON HILLS
STATE: IL
ZIP: 60061
FORMER COMPANY:
FORMER CONFORMED NAME: WICKES LUMBER CO /DE/
DATE OF NAME CHANGE: 19930813
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: RIVERSIDE GROUP INC/FL
CENTRAL INDEX KEY: 0000277356
RETAIL-LUMBER & OTHER BUILDING
MATERIALS DEALERS [5211]
IRS NUMBER: 591144172
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 7800 BELFORT PARKWAY
STREET 2: SUITE 100
CITY: JACKSONVILLE
STATE: FL
ZIP: 32256
BUSINESS PHONE: 9042812000
MAIL ADDRESS:
STREET 1: 7800 BELFORT PARKWAY
STREET 2: SUITE 100
CITY: JACKSONVILLE
STATE: FL
ZIP: 32256
FORMER COMPANY:
FORMER CONFORMED NAME: WESTERN GRAIN INTERNATIONAL INC
DATE OF NAME CHANGE: 19840627
FORMER COMPANY:
FORMER CONFORMED NAME: RIVERSIDE GROUP INC
DATE OF NAME CHANGE: 19820628
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: November 12, 1998
SROS: NASD
GROUP MEMBERS: AMERICAN FINANCIAL ACQUISITION
CORPORATION
RIVERSIDE GROUP INC/FL
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: WICKES INC. /DE/
CENTRAL INDEX KEY: 0000910620
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL LUMBER & OTHER
BUILDING
MATERIALS DEALERS [5211]
IRS NUMBER: 363554758
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1228
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 ACT
SEC FILE NUMBER: 005-42945
FILM NUMBER: 96587965
BUSINESS ADDRESS:
STREET 1: 706 N DEERPATH DR
CITY: VERNON HILLS
STATE: IL
ZIP: 60061
BUSINESS PHONE: 8473673400
MAIL ADDRESS:
STREET 1: 706 N DEERPATH DR
CITY: VERNON HILLS
STATE: IL
ZIP: 60061
BUSINESS PHONE: 8473673400
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: RIVERSIDE GROUP INC/FL
CENTRAL INDEX KEY: 0000277356
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER
BUILDING
MATERIALS DEALERS [5211]
IRS NUMBER: 591144172
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 7800 BELFORT PARKWAY
STREET 2: SUITE 100
CITY: JACKSONVILLE
STATE: FL
ZIP: 32256
BUSINESS PHONE: 9042812000
MAIL ADDRESS:
STREET 1: 7800 BELFORT PARKWAY
STREET 2: SUITE 100
CITY: JACKSONVILLE
STATE: FL
ZIP: 32256
FORMER COMPANY:
FORMER CONFORMED NAME: WESTERN GRAIN INTERNATIONAL INC
DATE OF NAME CHANGE: 19840627
FORMER COMPANY:
FORMER CONFORMED NAME: RIVERSIDE GROUP INC
DATE OF NAME CHANGE: 19820628
(DESCRIPTION) AMENDMENT NO. 4 TO SCHEDULE 13D
<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 4
to
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Wickes Inc.
(Name of Issuer)
Common Stock, Par Value $0.01 Per Share
(Title of Class of Securities)
967446105
(CUSIP Number)
T. Malcolm Graham, Esq.
Holland & Knight LLP
One Independent Drive, Suite 2000
Jacksonville, Florida 32202
(904) 354-4141
(Name, Address and Telephone Number of Person
Authorized to Receive Notice and Communications)
November 12, 1998
(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
statement of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following
box [ ].
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Acts (however, see the
Notes).
<PAGE> 2
CUSIP NO. 967446105
- --------------------------------------------------------------------------------
1) Name of Reporting Persons SS. or I.R.S. Identification Nos. of Above Persons
Riverside Group, Inc.
- --------------------------------------------------------------------------------
2) Check the Appropriate Row if a Member of a Group (See Instructions)
(a) X
(b)
- --------------------------------------------------------------------------------
3) Sec Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions)
WC; OO
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d)
or 2(e)
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization
Florida
- --------------------------------------------------------------------------------
Number of Shares 7) Sole Voting Power.............3,253,968
Beneficially Owned by 8) Shared Voting Power........... 395,145
Reporting Person: 9) Sole Dispositive Power.......Same as #7
10) Shared Dispositive Power.....Same as #8
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person
3,649,113
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11)
44.5%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions)
CO
- --------------------------------------------------------------------------------
<PAGE> 3
CUSIP NO. 967446105
- -
- --------------------------------------------------------------------------------
1) Name of Reporting Persons SS. or I.R.S. Identification Nos. of Above Persons
American Financial Acquisition Corporation
- --------------------------------------------------------------------------------
2) Check the Appropriate Row if a Member of a Group (See Instructions)
(a) X
(b)
- --------------------------------------------------------------------------------
3) Sec Use Only
- --------------------------------------------------------------------------------
4) Source of Funds (See Instructions)
WC; OO
- --------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d)
or 2(e)
- --------------------------------------------------------------------------------
6) Citizenship or Place of Organization
Delaware
- --------------------------------------------------------------------------------
Number of Shares 7) Sole Voting Power................-0-
Beneficially Owned by 8) Shared Voting Power..............395,145
Reporting Person: 9) Sole Dispositive Power........Same as #7
10) Shared Dispositive Power......Same as #8
- --------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person
395,145
- --------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
- --------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11)
4.8%
- --------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions)
CO
- --------------------------------------------------------------------------------
<PAGE> 4
This Amendment No. 4 amends the Statement on Schedule 13D dated January
19, 1996 filed pursuant to Section 13(d) of the Securities Exchange Act of
1934, as amended, and the rules and regulations promulgated thereunder, by
Riverside Group, Inc. and American Financial Acquisition Corporation.
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 is hereby amended by adding the following paragraph:
"On November 12, 1998, at the request of Imagine, the Wickes Board of
Directors (i) approved transactions after that date involving Imagine under the
Imagine Agreement, to the extent that their approval of such transactions can
cause a future "business combination" within the meaning of Section 203 of the
Delaware General Corporation Law not to be subject to the stockholder approval
requirements of such statute and (ii) elected Robert T. Shaw and Harry T.
Carneal to the Board of Directors of Wickes. Mr. Shaw is President of Imagine,
and Mr. Carneal is a Director of Imagine and President of the parent company of
Imagine."
<PAGE 5>
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended by adding the following paragraph:
"On November 12, 1998, Imagine partially exercised the Call Option (as
defined in Item 6 hereof), purchasing 200,000 shares of Common Stock from
Riverside for $650,000, or $3.25 per share, in cash. After this transaction,
Riverside and its subsidiaries directly own 3,649,113 shares of Common Stock,
or approximately 44.5% of the outstanding shares of Common Stock. Of these
3,649,113 shares, 3,253,968 and 395,145 are directly owned by Riverside and
AFAC, respectively."
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT
TO SECURITIES OF THE ISSUER.
Item 6 is hereby amended by adding the following paragraphs:
"Effective November 4, 1998, Riverside and Imagine entered into Amendment
No. 1 to the Imagine Agreement, which extended the initial expiration date of
the Call Option until November 19, 1998 and the expiration of the Put Option
until November 30, 1998.
"As discussed above, on November 12, 1998, Imagine exercised the Call
Option as to 200,000 shares of Common Stock, which extinguished the Put Option."
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Attached as exhibits hereto are the following:
<PAGE 6>
Exhibit Description
- ------- ----------------------------------------------------------------------
F Amendment No. 1 dated November 4, 1998 to Stock Purchase Agreement
dated October 5, 1998 between Riverside Group, Inc. and Imagine
Investments, Inc.
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.
Date: November 16, 1998 RIVERSIDE GROUP, INC.
By: /s/ Catherine J. Gray
--------------------------------
Catherine J. Gray
Senior Vice President
<PAGE 7>
Schedule 1 to this Statment on Schedule 13D is hereby amended in its
entirety to read as follows:
SCHEDULE 1
EXECUTIVE OFFICERS AND DIRECTORS OF RIVERSIDE
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
NAME PRINCIPAL OCCUPATION AND SHARES OF COMMON
BUSINESS ADDRESS STOCK BENEFICIALLY
OWNED
- --------------------------------------------------------------------------------
<S> <C> <C>
J. Steven Wilson Chairman, President and Chief
Executive Officer
7800 Belfort Parkway, Suite 100
Jacksonville, FL 32256 32,000(1)
- --------------------------------------------------------------------------------
Harry T. Carneal Director
Stone Capital, Inc.
8150 North Central Expressway, Ste. 1901
Dallas, TX 75206 (2)
<PAGE 8>
- --------------------------------------------------------------------------------
Edward M. Carey Director
214 Atlantic Avenue
Brooklyn, NY 11201 -0-
- -------------------------------------------------------------------------------
Robert T. Shaw Director
Imagine Investments
8150 North Central Expressway
Dallas, TX 75206 375,728(2)
- --------------------------------------------------------------------------------
Varina M. Steuert Director
25 Old Farm Rd.
Darien, CT 06820 500
- --------------------------------------------------------------------------------
Catherine J. Gray Senior Vice President
Riverside Group, Inc.
7800 Belfort Parkway, Suite 100
Jacksonville, FL 32256 -0-
- --------------------------------------------------------------------------------
</TABLE>
(1) Excludes shares beneficially owned by Riverside, which Mr. Wilson may be
deemed to control. Presently exercisable options (excludes shares).
(2) Excludes shares beneficially owned by Imagine. Messrs. Carneal and Shaw
are executive officers of Imagine or certain of its affiliates.
EXECUTIVE OFFICERS AND DIRECTORS OF AFAC
<TABLE>
<CAPTION>
- --------------------------------------------------------------------------------
NAME PRINCIPAL OCCUPATION AND SHARES OF COMMON
BUSINESS ADDRESS STOCK BENEFICIALLY
OWNED
- --------------------------------------------------------------------------------
<S> <C> <C>
J. Steven Wilson See Above See Above
- --------------------------------------------------------------------------------
Catherine J. Gray See Above See Above
- --------------------------------------------------------------------------------
</TABLE>
Amendment No. 1 to
Stock Purchase Agreement
------------------------
THIS AMENDMENT NO. 1 is entered into as of November 4, 1998,
between Riverside Group, Inc., a Florida corporation (the
"Seller"), and Imagine Investments, Inc., a Delaware corporation
("Purchaser").
Preamble
----------
The Seller and the Purchaser are parties to that certain
Stock Purchase Agreement dated as of October 5, 1998 (the
"Agreement") and desire to modify certain of the provisions
thereof as set forth herein.
NOW THEREFORE, in consideration of the mutual covenants
herein contained and for other good and valuable consideration
hereinafter set forth, the parties hereto agree as follows:
1. Definitions. Capitalized terms used herein without
definition that are defined in the Agreement shall have the same
meanings herein as therein.
2. Amendment of Section 1.02 of the Agreement. Section
1.02(b) of the Agreement is hereby amended as follows:
(a) The reference to "November 4" contained in the first
sentence (but not anywhere else) is hereby changed to "November
19."
(b) The reference to "November 14" is hereby changed to
"November 30."
3. Miscellaneous. This Amendment No. 1 may be executed in
any number of counterparts, each of which shall be deemed an
original, but all of which together shall constitute one and the
same instrument. To the extent not inconsistent with this
Amendment No. 1, the Agreement remains in full force and effect.
The Agreement, as amended by this Amendment No. 1, supersedes all
prior negotiations and agreements (written or oral) among the
parties with respect to the subject matter covered thereby and
constitutes the entire understanding among the parties thereto.
IN WITNESS WHEREOF, each of the parties hereto has caused
this Agreement to be executed on its behalf, by an officer
thereunto duly authorized, all as of the date first above
written.
IMAGINE INVESTMENTS, INC.
By_________________________________
Name:
Title:
"Purchaser"
RIVERSIDE GROUP, INC.
By________________________________
Name:
Title:
"Seller"
