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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 2)
Under the Securities Exchange Act of 1934*
Friendly Ice Cream Corporation
------------------------------
(Name of Issuer)
Common Stock, $.01 par value
----------------------------
(Title of Class of Securities)
358497105
---------
(CUSIP Number)
November 29, 2000
-----------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 the
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).
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CUSIP No. 358497105 13G Page 2 of 6 Pages
------------------- -----------------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Daniel S. Loeb
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
None
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY None
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH None
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
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12 TYPE OF REPORTING PERSON*
IN
---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 358497105 13G Page 3 of 6 Pages
------------------- -----------------
---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Third Point Management Company L.L.C.
---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
None
------ ----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY None
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH None
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
---------- ---------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
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Item 1(a): Name of Issuer:
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Friendly Ice Cream Corporation (the "Company").
Item 1(b): Address of Issuer's Principal Executive Offices:
---------- ------------------------------------------------
1855 Boston Road
Wilbraham, Massachusetts 01095
Items 2(a) Name of Person Filing; Address of Principal
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and 2(b): Business Office:
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This statement is filed by and on behalf of
(i) Daniel S. Loeb, in his capacity as the
managing member of Third Point Management
Company L.L.C. ("TPM") and (ii) TPM. The
principal business address of each reporting
person is 277 Park Avenue, 27th Floor, New
York, New York 10172.
The shares of Common Stock, par value $.01,
of the Company ("Common Stock") which are the
subject of this statement were held directly
by the managed accounts for which TPM or Mr.
Loeb serve as discretionary investment
manager (collectively, the "Managed
Accounts").
Item 2(c): Citizenship:
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Mr. Loeb is a United States citizen.
TPM is a Delaware limited liability company.
Item 2(d): Title of Class of Securities:
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Common stock, par value $.01 per share.
Item 2(e): CUSIP Number:
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358497105
Item 3: Not Applicable.
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Items 4(a)-(c): Ownership:
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As of the date of this statement:
(i) Mr. Loeb had beneficial ownership of no
shares of Common Stock by virtue of his
position as the managing member of TPM. Such
shares represent 0.0% of the issued and
outstanding Common Stock.
(ii) TPM had beneficial ownership of no
shares of Common Stock by virtue of its
position as discretionary investment manager
to the Managed Accounts holding such shares
of Common Stock. Such shares represent 0.0%
of the issued and outstanding Common Stock.
Item 5: Ownership of Five Percent or Less of a Class:
------- ---------------------------------------------
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If this statement is being filed to report the
fact that as of the date hereof the reporting
persons have ceased to be the beneficial owners of
more than five percent of the class of securities,
check the following: [X]
Item 6: Ownership of More than Five Percent on Behalf of
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Another Person:
---------------
Not Applicable.
Item 7: Identification and Classification of the
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Subsidiary Which Acquired the Security Being
--------------------------------------------
Reported on By the Parent Holding Company:
------------------------------------------
Not Applicable.
Item 8: Identification and Classification of
------- ------------------------------------
Members of the Group:
---------------------
Not Applicable.
Item 9: Notice of Dissolution of Group:
------- -------------------------------
Not Applicable.
Item 10: Certification:
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By signing below each of the undersigned
certifies that, to the best of the
undersigned's knowledge and belief, the
securities referred to above were not
acquired and are not held for the purpose of
or with the effect of changing or influencing
the control of the issuer of the securities
and were not acquired and are not held in
connection with or as a participant in any
transaction having that purpose or effect.
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SIGNATURE
---------
After reasonable inquiry and to the best of the undersigned's knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: January 11, 2001
THIRD POINT MANAGEMENT COMPANY L.L.C.
By: /s/ Daniel S. Loeb
------------------------------
Daniel S. Loeb
Managing Member
/s/ Daniel S. Loeb
------------------------------
Daniel S. Loeb
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