<page 1>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 7
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)
January 26, 1999
(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.............2,605,368
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
3,000,513
- ----------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
- ------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11)
36.6%
- -----------------------------------------------------------------
14) Type of Reporting Person (See Instructions)
CO
- ------------------------------------------------------------------
1) Name of Reporting Persons SS. or I.R.S. Identification Nos. of Above
Persons
<page 3>
American Financial Acquisition Corporation
- ------------------------------------------------------------------
CUSIP NO. 967446105
- -----------------------------------------------------------------
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
- ------------------------------------------------------------------
This Amendment No. 7 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.
<page 4>
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is hereby amended by adding the following paragraph:
"On January 26, 1999, Imagine exercised the Call Option purchasing
the remaining 365,000 shares of Common Stock from Riverside for
$1,186,250, or $3.25 per share, in cash.
After these transactions, Riverside and its subsidiaries directly
own 3,000,513 shares of Common Stock, or approximately 36.6% of the
outstanding shares of Common Stock. Of these, 3,000,513 shares,
2,605,368 and 395,145 are directly owned by Riverside and AFAC,
respectively".
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit Description
- ------- --------------------------------------------------------
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: February 9, 1999 RIVERSIDE GROUP, INC.
By: /s/ Catherine J. Gray
_____________________________
Catherine J. Gray
Senior Vice President
