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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Liberty Financial Companies, Inc.
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(Name of Issuer)
Common Stock, $.01 par value per share
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(Title of Class of Securities)
530512-102
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(CUSIP Number)
Christopher C. Mansfield
Liberty Mutual Insurance Company
175 Berkeley Street
Boston, Massachusetts 02117
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
January 13, 2000
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(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(e), 13d-1(f) or 13d-1(g), check the following box
/ /.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
*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 the purpose 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 Act (however, see the
Notes).
Page 1 of 4 Pages
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SCHEDULE 13D
CUSIP No. 530512-102 Page 2 of 4 Pages
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<S> <C> <C>
1 NAME OF REPORTING PERSONS AND I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (entities only)
Liberty Mutual Insurance Company
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / / (b) / /
Not Applicable
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
Not Applicable
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
The Commonwealth of Massachusetts
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7 SOLE VOTING POWER
NUMBER OF 33,924,451 Shares
SHARES ------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING 0
PERSON ------------------------------------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
33,924,451 Shares
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
33,924,451 Shares
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / /
Not Applicable
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Approximately 71.7%
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14 TYPE OF REPORTING PERSON*
IC
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
Page 2 of 4 Pages
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The aggregate number and percentage of shares of Common Stock
beneficially owned by Liberty are 33,924,451 and approximately 71.7% of
the issued and outstanding shares of Common Stock as disclosed on the
records of the Issuer's transfer agent on January 20, 2000.
(b) Liberty has the sole power to vote and dispose of 33,924,451 shares of
Common Stock.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
On January 13, 2000, the Issuer's President and Chief Executive
Officer, Kenneth R. Leibler resigned, and Gary L. Countryman, the Chairman and
former Chief Executive Officer of Liberty and Chairman of the Issuer, was
elected by the Issuer's Board of Directors as the President and Chief Executive
Officer of the Issuer.
Giving effect to Mr. Leibler's resignation, 12 of the Issuer's 13
directors are currently also directors of Liberty.
Page 3 of 4 Pages
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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.
LIBERTY MUTUAL
INSURANCE COMPANY
Dated: January 20, 2000 By: /s/Christopher C. Mansfield
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Name: Christopher C. Mansfield
Title:Senior Vice President and General Counsel
Page 4 of 4 Pages
