UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
ARCH COMMUNICATIONS GROUP, INC.
- ------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01
- ------------------------------------------------------------------------------
(Title of Class of Securities)
039381 50 4
- ------------------------------------------------------------------------------
(CUSIP Number)
WILLIAM W. CHANDLER
CREDIT SUISSE FIRST BOSTON
11 MADISON AVENUE
NEW YORK, NEW YORK 10010-3629
(212) 325-2911
- ------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
October 15, 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 that is the subject of this Schedule 13D, and is filing this
schedule because of Secs. 240.13d-1(e), 240.13d-1(f) or 240.13d-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>
SCHEDULE 13D
----------------------- ------------------
CUSIP NO. 039381108 PAGE 2 OF 5 PAGES
----------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Credit Suisse First Boston, on behalf of the Credit Suisse
First Boston business unit
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)(A)[ ]
(B)[X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
SWITZERLAND
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF ----------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 0 SHARES OF COMMON STOCK,
OWNED BY PAR VALUE $0.01
----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON ----------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
0 SHARES OF COMMON STOCK,
PAR VALUE $0.01
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 SHARES OF COMMON STOCK, PAR VALUE $0.01
- --------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES * [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
BK, HC, OO
- --------------------------------------------------------------------------------
*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>
------------------
PAGE 3 OF 5 PAGES
------------------
Item 1. SECURITY AND ISSUER.
This amendment No. 1 to Schedule 13D filed on June 25, 1999
("Schedule 13D") by Credit Suisse First Boston, a Swiss bank, on behalf of
itself and its consolidated subsidiaries, to the extent that they constitute
part of the Credit Suisse First Boston business unit (the "Reporting Person"),
is being filed in connection with changes in the Reporting Person's beneficial
ownership of the shares of common stock, $0.01 par value (the "Common Stock"),
of Arch Communications Group, Inc. (the "Company").
Item 2. IDENTITY AND BACKGROUND.
No change
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
No change.
Item 4. PURPOSE OF TRANSACTION.
NO CHANGE.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
(a-c) Since the filing of Schedule 13D, the Reporting Person has
sold and bought the following number of shares of Common Stock at the following
prices, in each case in open-market transactions.
- --------------------------------------------------------------------------------
PARTY DATE NUMBER OF SHARES PRICE PER SHARE
SOLD(S)/ BOUGHT (B)
- --------------------------------------------------------------------------------
CSFBC 6/25/99 33,333(S) $8.91
- --------------------------------------------------------------------------------
CSFBC 7/02/99 2,795,604(B) $7.80
- --------------------------------------------------------------------------------
CSFBC 7/07/99 1,392,097(B) $8.37
- --------------------------------------------------------------------------------
<PAGE>
------------------
PAGE 4 OF 5 PAGES
------------------
- --------------------------------------------------------------------------------
CSFBC 7/12/99 200,000(S) $7.35
- --------------------------------------------------------------------------------
CSFBC 7/19/99 100,000(S) $7.47
- --------------------------------------------------------------------------------
CSFBC 7/20/99 150,000(S) $7.82
- --------------------------------------------------------------------------------
CSFBC 8/10/99 150,000(B) $6.56
- --------------------------------------------------------------------------------
CSFBC 8/18/99 1,000,000(S) $5.80
- --------------------------------------------------------------------------------
CSFBC 8/18/99 750,000(S) $5.90
- --------------------------------------------------------------------------------
CSFBC 8/18/99 750,000(S) $5.90
- --------------------------------------------------------------------------------
CSFBC 10/01/99 9,000(S) $4.00
- --------------------------------------------------------------------------------
CSFBC 10/05/99 50,000(S) $3.93
- --------------------------------------------------------------------------------
CSFBC 10/06/99 1,392,097(S) $3.50
- --------------------------------------------------------------------------------
CSFBC 10/06/99 715,117(S) $3.50
- --------------------------------------------------------------------------------
CSFBC 10/12/99 85,000(S) $3.93
- --------------------------------------------------------------------------------
CSFBC 10/14/99 80,000(S) $3.96
- --------------------------------------------------------------------------------
CSFBC 10/15/99 35,000(S) $3.81
- --------------------------------------------------------------------------------
(d-e) No change.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
No change.
<PAGE>
SCHEDULE 13D
----------------------- ------------------
CUSIP NO. 039381108 PAGE 5 OF 5 PAGES
----------------------- ------------------
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: January 6, 1999
CREDIT SUISSE FIRST BOSTON, acting solely
on behalf of the Credit Suisse First
Boston business unit
By: /s/ William W. Chandler
-------------------------------------
Name: William W. Chandler
Title: Director
