METROMEDIA INTERNATIONAL GROUP INC
SC 13D/A, 1996-03-01
ALLIED TO MOTION PICTURE PRODUCTION
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D
                                (Amendment No. 1)

                    Under the Securities Exchange Act of 1934

                           ROADMASTER INDUSTRIES, INC.
                                (Name of Issuer)

                          Common Stock, $.01 Par Value
                         (Title of Class of Securities)

                                   769-727-108
                                 (CUSIP Number)

                                ARNOLD L. WADLER
               Senior Vice President, Secretary & General Counsel
                      Metromedia International Group, Inc.
                             c/o Metromedia Company
          One Meadowlands Plaza, East Rutherford, New Jersey 07073-2137
                            Tel. No.: (201) 531-8000
                     (Name, Address and Telephone Number of
                      Person Authorized to Receive Notices
                               and Communications)

                                  With copy to:
                              JAMES M. DUBIN, ESQ.
                    Paul, Weiss, Rifkind, Wharton & Garrison
                           1285 Avenue of the Americas
                          New York, New York 10019-6064
                            Tel. No.: (212) 373-3000

                                  March 1, 1996
                     (Date of Event which Requires Filing of
                                 this Statement)

      If the filing person has previously filed a statement on Schedule 13D 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 being 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

                                      Page 1 of 5

<PAGE>


reporting beneficial ownership of five percent or less of such class.) (See Rule
13d-7.)

      Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) 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 ("Exchange Act") or otherwise subject to the liabilities of that
section of the Exchange Act but shall be subject to all other provisions of the
Exchange Act (however, see the Notes).

                                   Page 2 of 5

<PAGE>



                                  SCHEDULE 13D


CUSIP No.  769-727-108                                 Page   3   of   5   Pages
         --------------------------- 
- --------------------------------------------------------------------------------
1      NAME OF REPORTING PERSON
       S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

             METROMEDIA INTERNATIONAL GROUP, INC.
- --------------------------------------------------------------------------------
2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP              (a) [ ]
                                                                     (b) [ ]

- --------------------------------------------------------------------------------
3      SEC USE ONLY


- --------------------------------------------------------------------------------
4      SOURCE OF FUNDS

             OO (See Item 3)
- --------------------------------------------------------------------------------
5      CHECK BOX 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
                             19,169,000
      NUMBER OF
       SHARES        -----------------------------------------------------------
 BENEFICIALLY OWNED   8      SHARED VOTING POWER
  BY EACH REPORTING   
       PERSON
        WITH         -----------------------------------------------------------
                      9      SOLE DISPOSITIVE POWER
                             19,169,000

                     -----------------------------------------------------------
                      10     SHARED DISPOSITIVE POWER


- --------------------------------------------------------------------------------
11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             19,169,000 shares
- --------------------------------------------------------------------------------
12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN 
       SHARES                                                            [ ]


- --------------------------------------------------------------------------------
13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
             38.5%

- --------------------------------------------------------------------------------
14     TYPE OF REPORTING PERSON

             CO
- --------------------------------------------------------------------------------


                                   Page 3 of 5

<PAGE>



                    AMENDMENT NO. 1 TO SCHEDULE 13D

           This Amendment No. 1 supplements the Schedule 13D relating
to Roadmaster Industries, Inc. (the "Schedule 13D") filed on
December 15, 1994 by Metromedia International Group, Inc. (formerly
known as The Actava Group Inc.) ("MIG") in the following respect only
(capitalized terms not otherwise defined herein shall have the
meanings ascribed to such terms in the Schedule 13D):

Item 4.    Purpose of Transaction.

           Item 4 is amended by adding to the end thereof the following
           paragraph:

           MIG's investment in Roadmaster is a non-strategic asset. 
           For accounting purposes, MIG has classified Roadmaster as an 
           asset held for disposition. MIG intends to dispose of its 
           investment in Roadmaster in 1996.



                             Page 4 of 5

<PAGE>



                                   SIGNATURE

           After reasonable inquiry and to the best of my knowledge and 
belief, I hereby certify that the information set forth in this 
statement is true, complete and correct.

Dated:     March 1, 1996



                          METROMEDIA INTERNATIONAL GROUP, INC.



                          By:    /s/ ARNOLD L. WADLER
                              -----------------------------
                              Name:  Arnold L. Wadler
                              Title: Senior Vice President,
                                      Secretary and General Counsel







           Explanatory Note.

           In order to comply with Rule 13d-2(c) promulgated under the
Securities Exchange Act of 1934, as amended, included for filing with 
this Amendment No. 1 to Schedule 13D is the Schedule 13D (other than 
the exhibits thereto) previously filed with the Securities and 
Exchange Commission.


                             Page 5 of 5

<PAGE>



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934

                           ROADMASTER INDUSTRIES, INC.
                                (Name of Issuer)

                          Common Stock, $.01 Par Value
                         (Title of Class of Securities)

                                   769-727-108
                                 (CUSIP Number)

                                 WALTER M. GRANT
                           4900 Georgia Pacific Center
                             Atlanta, Georgia 30303
                                 (404) 658-9000
                     (Name, Address and Telephone Number of
                      Person Authorized to Receive Notices
                               and Communications)


                                December 6, 1994
                     (Date of Event which Requires Filing of
                                 this Statement)

      If the filing person has previously filed a statement on Schedule 13D 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 being paid with the statement. [X] (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.)

      Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) 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.


<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 ("Exchange Act") or otherwise subject to the liabilities of that
section of the Exchange Act but shall be subject to all other provisions of the
Exchange Act (however, see the Notes).


                                     Page 2 of 11

<PAGE>





                                     SCHEDULE 13D


CUSIP No.  769  727  108                              Page   3   of   11   Pages
         ---------------------------  
- --------------------------------------------------------------------------------
1      NAME OF REPORTING PERSON
       S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

             The Actava Group Inc.
- --------------------------------------------------------------------------------
2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP               (a) [ ]
                                                                      (b) [ ]
             N/A
- --------------------------------------------------------------------------------
3      SEC USE ONLY


- --------------------------------------------------------------------------------
4      SOURCE OF FUNDS

             OO
- --------------------------------------------------------------------------------
5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED 
       PURSUANT TO ITEMS 2(d) or 2(e)                                    [ ]


- --------------------------------------------------------------------------------
6      CITIZENSHIP OR PLACE OF ORGANIZATION

             Incorporated in the State of Delaware
- --------------------------------------------------------------------------------
                      7      SOLE VOTING POWER
                             19,169,000 shares (39.6%)
      NUMBER OF
       SHARES        -----------------------------------------------------------
 BENEFICIALLY OWNED   8      SHARED VOTING POWER
  BY EACH REPORTING
       PERSON
        WITH         -----------------------------------------------------------
                      9      SOLE DISPOSITIVE POWER
                             19,169,000 shares (39.6%)

                     -----------------------------------------------------------
                      10     SHARED DISPOSITIVE POWER


- --------------------------------------------------------------------------------
11     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             19,169,000 shares
- --------------------------------------------------------------------------------
12     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES


- --------------------------------------------------------------------------------
13     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
             39.6%

- --------------------------------------------------------------------------------
14     TYPE OF REPORTING PERSON

             CO
- --------------------------------------------------------------------------------


                                     Page 3 of 11
<PAGE>

          STATEMENT OF INFORMATION REQUIRED PURSUANT TO SECTION
       13(d)(1) or 14(d)(1) OF THE SECURITIES EXCHANGE ACT OF 1934

                               SECTION 13D

The following statement of information is being filed by The Actava Group Inc.
("Actava") pursuant to Regulation #240.13d-1 of the Rules and Regulations of the
Securities and Exchange Commission.


Item 1.     Security and Issuer.

            This statement relates to the Common Stock, par value $.01
            per share, of Roadmaster Industries, Inc. (the "Roadmaster
            Common Stock"), a Delaware corporation ("Roadmaster"), whose
            principal office is located at 7315 E. Peakview Avenue,
            Englewood, Colorado 80111.

Item 2.     Identity and Background.

            (a)   Name:                         The Actava Group Inc.

            (b)   State of Incorporation:       Delaware

            (c)   Principal Businesses:         Manufacture and sale of
                                                lawn and garden equipment

            (d)   Address of principal          4900 Georgia Pacific
                  office:                       Center
                                                Atlanta, GA 30303

            (e)   Criminal convictions:         None

            (f)   Civil proceedings:            None


Item 3.     Source and Amount of Funds or Other Consideration.

            Actava transferred to Roadmaster all of the issued and outstanding
            capital stock of four of its wholly-owned subsidiaries in exchange
            for 19,169,000 shares of Roadmaster Common Stock (the "Exchange
            Transaction"). The four Actava subsidiaries transferred to
            Roadmaster were Diversified Products Corporation, Hutch Sports USA
            Inc., Nelson/WeatherRite, Inc. and Willow Hosiery, Inc.
            (collectively, the "Sports Subsidiaries"). The Exchange Transaction
            was effected pursuant to an Agreement and Plan of Reorganization
            dated July 20, 1994 (the "Agreement") by and among Actava, the
            Sports Subsidiaries and Roadmaster.


                                     Page 4 of 11

<PAGE>





Item 4.     Purpose of Transaction.

            Actava acquired the shares of Roadmaster Common Stock in the
            Exchange Transaction for investment purposes as part of the
            disposition of the Sports Subsidiaries and not for the purpose of
            obtaining control of Roadmaster. Although Actava has not made any
            formal representations or legally binding commitments that would
            limit its ability to purchase additional equity in Roadmaster,
            Actava has no current plans for acquiring additional shares of
            Roadmaster Common Stock.

            Pursuant to the Agreement, certain amendments were adopted to the
            Certificate of Incorporation of Roadmaster, including amendments (i)
            to increase the number of authorized shares of Roadmaster Common
            Stock to 100,000,000 shares, (ii) to fix the number of Directors of
            Roadmaster at nine, (iii) to require that all stockholder action be
            taken at an annual or special meeting, (iv) to provide for advance
            notice of nominations to the Board of Directors of Roadmaster, (v)
            to require certain super-majority votes under certain circumstances
            for the Board of Directors of Roadmaster to remove its Chief
            Executive Officer or Chief Operating Officer, and (vi) to require
            super-majority voting by the stockholders to amend certain
            provisions of the Certificate of Incorporation and Bylaws of
            Roadmaster.

            Pursuant to the Agreement, Actava, Roadmaster, Henry Fong, the Chief
            Executive Officer and a director of Roadmaster, and Edward E. Shake,
            the Chief Operating Officer of Roadmaster, also entered into a
            Shareholders Agreement which provides, among other things, that
            Actava shall have the right to designate four individuals to serve
            on Roadmaster's nine-member Board of Directors. The Shareholders
            Agreement also provides that Actava will use its best efforts to
            cause the nomination and election of five Directors designated by
            Roadmaster. The Shareholders Agreement is discussed in more detail
            under Item 6 below.

            As noted above, in connection with the Exchange Transaction,
            Roadmaster amended and restated its Certificate for Incorporation
            and Bylaws to provide, among other things, for certain
            super-majority voting requirements under certain circumstances for
            the Board of Directors of Roadmaster to remove the Chief Executive
            Officer and Chief Operating Officer. The effect of these amendments
            will be to require a two-thirds vote of the members of the Board of
            Directors of Roadmaster to terminate Roadmaster's existing Chief
            Executive Officer and Chief Operating Officer, except that the Board
            of Directors will have the right to terminate such


                                     Page 5 of 11

<PAGE>





            officers by a majority vote if Roadmaster has not reported positive
            net income from continuing operations for the fiscal year preceding
            the year in which the Board of Directors elects to terminate such
            officers.

ITEM 5.  Interest in Securities of the Issuer.

            (a) As of this date, Actava is the beneficial owner of 19,169,00
            shares of Roadmaster Common Stock.

            (b)   Actava owns the sole power to vote and dispose of
            these shares.

            (c)   None

            (d)   None

            (e)   Not Applicable


ITEM 6.  Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.

            (a) Shareholders Agreement. Pursuant to the Agreement, Actava,
            Roadmaster, Mr. Fong and Mr. Shake entered into a Shareholders
            Agreement dated as of December 6, 1994. The Shareholders Agreement
            expires on the fifth anniversary of such date unless it is earlier
            terminated in accordance with its terms. Pursuant to the
            Shareholders Agreement, the parties thereto agreed to take all
            necessary action to cause Roadmaster's Board of Directors to be
            fixed at nine Directors during the term of such Agreement.
            Additionally, pursuant to the Shareholders Agreement, four
            individuals designated by Actava (the "Actava Designated Directors")
            will be elected to serve on the Board of Directors of Roadmaster.
            Two of the four persons initially elected to serve as Actava
            Designated Directors are required to be persons who are not
            employees, officers or affiliates of Roadmaster or Actava. The
            parties to the Shareholders Agreement are required to use their best
            efforts to cause the nomination for election of the four Actava
            Designated Directors and the five Directors designated by Roadmaster
            (the "Roadmaster Designated Directors"). Three of the Roadmaster
            Designated Directors must be persons who are not employees, officers
            or affiliates of Roadmaster or Actava. The Shareholders Agreement
            obligates the parties to use their best efforts to cause at least
            one of the Actava Designated Directors to serve on each committee of
            Roadmaster's Board of Directors and to cause at least two


                                     Page 6 of 11

<PAGE>





            Actava Designated Directors to serve on any committee which consists
            of five or more members.

            If, as a result of Actava's sale, transfer or assignment of
            Roadmaster Common Stock, the number of shares of Roadmaster Common
            Stock owned by Actava is reduced to a number less than 12,000,000
            but equal to or more than 8,000,000, then Actava will become
            entitled to designate only three members to Roadmaster's Board of
            Directors. If the number of shares of Roadmaster Common Stock owned
            by Actava is reduced to less than 8,000,000 but equal to or more
            than 5,000,000, then Actava will be entitled to designate only two
            members to Roadmaster's Board of Directors.

            If the number of shares of Roadmaster Common Stock owned by Actava
            is reduced to less than 5,000,000 but equal to or more than
            2,000,000, then Actava will be entitled to designate only one member
            to Roadmaster's Board of Directors.

            Subject to the limitations described above, the parties to the
            Shareholders Agreement have agreed that they will at all times and
            upon every opportunity affirmatively vote all of their shares of
            Roadmaster Common Stock to cause the Board of Directors to be
            composed of five Roadmaster Designated Directors and four Actava
            Designated Directors. In addition, Mr. Fong is obligated to use his
            best efforts to cause Equitex, Inc. to support the nomination and
            election of the Actava Designated Directors. Mr. Fong is the
            President and Chief Executive Officer and a Director of Equitex,
            Inc., which currently owns 10.5% of the outstanding shares of
            Roadmaster Common Stock.

            Actava's obligation to support the nomination and election of the
            Roadmaster Designated Directors will terminate if (i) Roadmaster has
            not reported positive net income from continuing operations for its
            last fiscal year, (ii) the Actava Designated Directors have not been
            nominated and supported by the other parties to the Shareholders
            Agreement, or (iii) the Actava Designated Directors have not been
            elected to, and are not then serving on, the Roadmaster Board of
            Directors. The obligation of Roadmaster, Mr. Fong and Mr. Shake to
            support the nomination and election of the Actava Designated
            Directors will terminate if the Roadmaster Designated Directors have
            not been supported by Actava or if the Roadmaster Designated
            Directors have not been elected to, and are not then serving on, the
            Roadmaster Board of Directors.


                                     Page 7 of 11

<PAGE>





            In addition to the voting provisions, the Shareholders Agreement
            grants Roadmaster a right of first refusal with respect to any
            proposed sale of the shares of Roadmaster Common Stock issued to
            Actava in the Exchange Transaction for as long as the Actava
            Designated Directors have been nominated and elected to the
            Roadmaster Board of Directors. Such right of first refusal will not
            apply to any proposed sale, transfer or assignment of such shares to
            any persons who would, after consummation of such transaction, own
            less than 10% of the outstanding shares of Roadmaster Common Stock
            or to any sale of such shares pursuant to a registration statement
            filed under the Securities Act of 1933, as amended (the "Securities
            Act"), if Actava has used its reasonable best efforts not to make
            any sale pursuant to such registration statement to any single
            purchaser or "Acquiring Person" who would own 10% or more of the
            outstanding shares of Roadmaster Common Stock after the consummation
            of such transaction. "Acquiring Person" generally is defined to mean
            any person or group which together with all affiliates is the
            beneficial owner of 5% or more of the outstanding shares of
            Roadmaster Common Stock. The right of first refusal also would not
            apply to any proposed sale, transfer or assignment of Actava's
            shares of Roadmaster Common Stock to an affiliate of Actava.

            (b) Registration Rights Agreement. As a condition to the
            consummation of the Exchange Transaction, Roadmaster and Actava
            entered into a Registration Rights Agreement dated December 6, 1994.
            The Registration Rights Agreement grants to Actava, its affiliates
            and any transferee who acquires at least 1,000,000 of the shares of
            Roadmaster Common Stock issued to Actava the right to require
            Roadmaster to register such shares and any other shares of
            Roadmaster Common Stock (collectively, "Registrable Stock") under
            the Securities Act.

            Registration may be demanded at any time during a ten year period
            beginning as of December 6, 1994 (the "Registration Period") by the
            holders of at least 50% of the Registrable Stock if a "long-form"
            registration statement (i.e., a registration statement on Form S-1,
            S-2 or other similar form) is requested or by the holders of
            Registrable Stock with a value of at least $500,000 if a
            "short-form" registration statement (i.e., a registration statement
            on Form S-3 or other similar form) is requested. Roadmaster is
            required to pay all expenses incurred (other than the expenses of
            counsel, if any, for the holders of Registrable Stock and the
            expenses of underwriters' counsel) for any two registrations
            requested by the holders of Registrable Stock


                                     Page 8 of 11

<PAGE>





            during the Registration Period. Roadmaster will become obligated to
            pay the expenses of two additional registrations if Roadmaster is
            not eligible to use a short- form registration statement to register
            the Registrable Stock at any time during the Registration Period.
            All other registrations will be at the expense of the holders of the
            Registrable Stock.

            In addition to the demand registration rights described above, if
            Roadmaster at any time proposes to register under the Securities Act
            any of its securities for sale for its own account or for the
            account of any person, subject to certain exceptions, it is required
            to provide the holders of Registrable Stock with the opportunity to
            sell some or all of their Registrable Stock pursuant to such
            registration. Roadmaster, however, is not required to grant any
            concession or additional rights to any other person to secure the
            right of any holder of Registrable Stock to participate in such
            registrations. In addition, Roadmaster will have the right at least
            once during each twelve-month period to defer a filing in a demand
            registration statement for a period of up to 90 days after request
            for registration by the holders of the requisite number of shares of
            Registrable Stock.

            Any future registration rights granted by Roadmaster may not impair
            the priority of the registration rights granted to the holders of
            Registrable Stock but Roadmaster may grant registration rights that
            are substantially similar to or that rank on a parity with the
            registration rights granted under the Registration Rights Agreement.

ITEM 7.  Material to be Filed as Exhibits.

            The following exhibits are filed as a part of this Schedule 13D:

            (i)   Agreement and Plan of Reorganization dated as of July 20, 1994
                  by and among Actava, the Sports Subsidiaries, and Roadmaster.

            (ii)  Shareholders Agreement dated as of December 6, 1994,
                  by and among Actava, Roadmaster, Henry Fong and Edward
                  E. Shake.

            In accordance with Rule 13d-2(c) of the Exchange Act, the foregoing
            exhibits have not been filed in electronic format.


                                     Page 9 of 11

<PAGE>





                                SIGNATURE

            After reasonable inquiry and to the best of my knowledge and belief,
I hereby certify that the information set forth in this statement is true,
complete and correct.

Dated:December 14, 1994



                              THE ACTAVA GROUP INC.



                              By:   /s/ WALTER M. GRANT
                                  --------------------------
                                  Name: Walter M. Grant
                                  Title: Senior Vice President,
                          General Counsel and Secretary


                                     Page 10 of 11

<PAGE>





               EXHIBITS TO AMENDMENT NO. 1 TO SCHEDULE 13D

            The following documents are being filed by  The Actava Group
Inc. ("Actava") as exhibits to the Schedule 13D relating to Actava's
holding of 19,169,000 shares of Common Stock of Roadmaster Industries,
Inc. ("Roadmaster"):

            (1) Exhibit A - Agreement and Plan of Reorganization dated as of
July 20, 1994 by and among Actava, Roadmaster, and the four companies
transferred by Actava to Roadmaster.

            (2) Exhibit B - Shareholders Agreement dated as of December 6, 1994,
by and among Actava, Roadmaster, Henry Fong and Edward E.
Shake.

            In accordance with Rule 13d-2(c) of the Exchange Act, the foregoing
exhibits have not been filed in electronic format.


                                     Page 11 of 11



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