SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 7)*
of
Tweedy, Browne Company LLC
Under the Securities Exchange Act of 1934
COCA-COLA BOTTLING CO. CONSOLIDATED
(Name of Issuer)
Common Stock, Par Value $1.00 per Share
(Title of Class of Securities)
191098102
(CUSIP Number)
John D. Spears
350 Park Avenue
New York, New York 10022
(212) 916-0600
(Name, Address and Telephone Number of Persons
Authorized to Receive Notices and Communications)
April 4, 2000
(Date of Event which Required Filing of this Statement)
<PAGE>
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 [ ].
Check the following box if a fee is paid with the statement [ ]. (A fee is
not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
* 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
theAct, but shall be subject to all the provisions of the Act (however, see
the Notes).
<PAGE>
CUSIP No. 191098102
- ----------------------------------------------------------------------------
Names of Reporting Persons I.R.S. Identification Nos. of Above Persons
Tweedy, Browne Company LLC ("TBC")
- ----------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [x]
- ----------------------------------------------------------------------------
(3) SEC Use Only
- ----------------------------------------------------------------------------
(4) Source of Funds (See Instructions)
00
- ----------------------------------------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
(2)(d) or 2(e)
[ ]
- ----------------------------------------------------------------------------
(6) Citizenship or Place of Organization
Delaware
- ----------------------------------------------------------------------------
(7) Sole Voting Power
TBC has sole voting power with respect
to 332,330 shares held in certain TBC
accounts (as hereinafter defined).
Additionally, certain of the Members of
TBC may be deemed to have sole power to
vote certain shares as more fully set
forth herein.
Number of Shares -------------------------------------------------------
Beneficially (8) Shared Voting Power
Owned by Each 0 shares
Reporting Person
With: -------------------------------------------------------
(9) Sole Dispositive Power
0 shares, except that certain of the
members of TBC may be deemed to have
sole power to vote certain shares as more
fully set forth herein.
-------------------------------------------------------
(10) Shared Dispositive Power
339,755 shares held in accounts of TBC
(as hereinafter defined).
- ----------------------------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
339,755 shares
- ----------------------------------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions) [x]
- ----------------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
5.31%
- ----------------------------------------------------------------------------
(14) Type of Reporting Person (See Instructions)
BD, IA & 00
<PAGE>
PRELIMINARY NOTE
The person filing this Amendment No. 7 is (i) Tweedy, Browne Company
LLC ("TBC"), a Delaware limited liability company. This Amendment No. 7 amends
a Statement on Schedule 13D filed by TBC and dated March 31, 1995 (the
"Statement"). However, the filing of this Amendment No. 7 should not be
deemed an admission that TBC comprises a group within the meaning of Section
13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Act").
This Amendment No. 7 relates to the Common Stock, $1.00 par
value (the "Common Stock"), of Coca-Cola Bottling Co. Consolidated (the
"Company"), which, to the best knowledge of the person filing this Amendment
No. 7, is a company organized under the laws of Delaware, with its principal
executive offices located at 1900 Rexford Road, Charlotte, North Carolina
28211.
This Amendment No. 7 contains information regarding shares of
Common Stock that may be deemed to be beneficially owned by TBC. Such
shares are held in the accounts of various customers of TBC, with respect to
which it has obtained sole or shared voting power.
Other than as set forth below, to the best knowledge of TBC, there has
been no material change in the information set forth in response to Items
1,2,3,4,6 and 7 of the Statement, as amended. Accordingly, those Items are
omitted from this Amendment No. 7.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As of the date hereof, TBC may be deemed to be the beneficial
owner of an aggregate of 339,755 shares of Common Stock, which constitutes
approximately 5.31% of the 6,392,252 shares of Common Stock which TBC
believes to be the total number of shares of Common Stock outstanding. The
TBC Shares are held in the TBC Accounts.
TBC disclaims that it is the beneficial owner of any of the shares of
Common Stock held in the TBC Accounts. The aggregate number of shares of
Common Stock with respect to which TBC could be deemed to be the beneficial
owner as of the date hereof, is 339,755 shares, which constitutes
approximately 5.31% of the 6,392,252 shares of Common Stock, which the filing
person believes to be the total number of shares of Common Stock outstanding,
but nothing contained herein shall be construed as an admission that TBC is
the beneficial owner of any of the TBC Shares.
The aggregate number of shares and percentage of Common Stock with
respect to which each of the Members may be deemed to be the beneficial owner
by reason of his being a Member of TBC is 339,755 shares, which constitutes
approximately 5.31% of the 6,392,252 shares of Common Stock outstanding.
TBC disclaims beneficial ownership of Common Stock held by the other.
Except as described herein, to the best knowledge of TBC, no person who may be
deemed to comprise a group with any of TBC, or any other person named in Item
2 of the Statement, beneficially owns any shares of Common Stock.
(b) TBC has investment discretion with respect to 339,755 shares of
Common Stock held by the TBC Accounts and has sole power to dispose or direct
the disposition of all of such shares. Of these shares of Common Stock, TBC
has sole power to vote or to direct the voting of 332,330 shares of Common
Stock held in certain TBC Accounts.
Each of the Members of TBC, solely by reason of their positions as
such, may be deemed to have (i) shared power to dispose of or to direct the
disposition of all of the shares of Common Stock held in the TBC Accounts; and
(ii) shared power to vote or direct the vote of 332,330 shares of Common
Stock held in certain TBC Accounts.
( c) Transactions in Common Stock effected by TBC during the sixty-day
period ended as of the date hereof are set forth below:
<TABLE>
<CAPTION>
REPORTING NO. OF SHARES NO. OF SHARES PRICE
PERSON DATE PURCHASED SOLD PER SHARE
<S> <C> <C> <C> <C>
TBC Accounts
02/07/00 200 $46 7/8
02/10/00 245 $48 1/2
02/11/00 2,000 $48 3/4
02/14/00 265 $48 3/4
02/18/00 363 $49 1/4
03/08/00 235 $51
03/13/00 110 $50 3/4
03/28/00 105 $51 3/4
03/30/00 12,837 $51.69475
04/04/00 2,855 $50 1/4
</TABLE>
(d) To the best knowledge of TBC, each of the persons maintaining
an account with TBC has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the shares of
Common Stock held in said person's TBC Account.
(e) Not applicable.
<PAGE>
SIGNATURE
Tweedy, Browne Company LLC, after reasonable inquiry and to the best of
its knowledge and belief, hereby certifies that the information set forth in
this Amendment No. 7 is true, complete and correct.
TWEEDY, BROWNE COMPANY LLC
s/ Christopher H. Browne
-------------------------------
Christopher H. Browne
Member
Dated: April 6, 2000
