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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934 (Amendment No. 3)
GRIST MILL CO.
(Name of Issuer)
Common Stock, $0.10 Par Value (and Associates Stock Purchase Rights)
(Title of Class of Securities)
398629204
(CUSIP Number)
M. Kelley Maggs Copy to: A. Winston Oxley
International Home Foods, Inc. Vinson & Elkins L.L.P.
1633 Littleton Road 3700 Trammell Crow Center
Parsippany, New Jersey 07054 2001 Ross Avenue
(973) 359-9920 Dallas, Texas 75201
(214) 220-7891
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
April 17, 1998
(Date of Event which Requires Filing of this Statement on Schedule 13D)
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CUSIP NO. 398629204
- --------------------------------------------------------------------------------
1 Name of Reporting Person IHF/GM Acquisition Corporation
I.R.S. Identification No. of above
person (entities only)
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC use only
- --------------------------------------------------------------------------------
4 Source of Funds BK and AF
- --------------------------------------------------------------------------------
5 Check box if disclosure of legal proceedings is required pursuant
to items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 Citizenship or place of organization State of Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power 6,860,692
Number of
Shares
Beneficially -----------------------------------------------------------------
Owned by 8 Shared Voting Power 0
Each
Reporting
Person -----------------------------------------------------------------
With 9 Sole Dispositive Power 6,860,692
-----------------------------------------------------------------
10 Shared Dispositive Power
- --------------------------------------------------------------------------------
11 Aggregate amount beneficially owned by each reporting person 6,860,692
- --------------------------------------------------------------------------------
12 Check box if the aggregate amount in row (11) excludes
certain shares [ ]
- --------------------------------------------------------------------------------
13 Percent of class represented by amount in row (7) 100%
- --------------------------------------------------------------------------------
14 Type of reporting person CO
- --------------------------------------------------------------------------------
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CUSIP NO. 398629204
- --------------------------------------------------------------------------------
1 Name of Reporting Person IHF/GM Holding Corporation
I.R.S. Identification No. of above
person (entities only)
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC use only
- --------------------------------------------------------------------------------
4 Source of Funds BK and AF
- --------------------------------------------------------------------------------
5 Check box if disclosure of legal proceedings is required pursuant
to items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 Citizenship or place of organization State of Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power 6,860,692
Number of
Shares
Beneficially -----------------------------------------------------------------
Owned by 8 Shared Voting Power 0
Each
Reporting
Person -----------------------------------------------------------------
With 9 Sole Dispositive Power 6,860,692
-----------------------------------------------------------------
10 Shared Dispositive Power
- --------------------------------------------------------------------------------
11 Aggregate amount beneficially owned by each reporting person 6,860,692
- --------------------------------------------------------------------------------
12 Check box if the aggregate amount in row (11) excludes
certain shares [ ]
- --------------------------------------------------------------------------------
13 Percent of class represented by amount in row (7) 100%
- --------------------------------------------------------------------------------
14 Type of reporting person CO
- --------------------------------------------------------------------------------
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CUSIP NO. 398629204
- --------------------------------------------------------------------------------
1 Name of Reporting Person International Home Foods, Inc.
I.R.S. Identification No. of above
person (entities only)
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC use only
- --------------------------------------------------------------------------------
4 Source of Funds BK and AF
- --------------------------------------------------------------------------------
5 Check box if disclosure of legal proceedings is required pursuant
to items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 Citizenship or place of organization State of Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power 6,860,692
Number of
Shares
Beneficially -----------------------------------------------------------------
Owned by 8 Shared Voting Power 0
Each
Reporting
Person -----------------------------------------------------------------
With 9 Sole Dispositive Power 6,860,692
-----------------------------------------------------------------
10 Shared Dispositive Power
- --------------------------------------------------------------------------------
11 Aggregate amount beneficially owned by each reporting person 6,860,692
- --------------------------------------------------------------------------------
12 Check box if the aggregate amount in row (11) excludes
certain shares [ ]
- --------------------------------------------------------------------------------
13 Percent of class represented by amount in row (7) 100%
- --------------------------------------------------------------------------------
14 Type of reporting person CO
- --------------------------------------------------------------------------------
Page 4 of 12
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CUSIP NO. 398629204
- --------------------------------------------------------------------------------
1 Name of Reporting Person Hicks, Muse, Tate & Furst Equity Fund III, L.P.
I.R.S. Identification No. of above
person (entities only)
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC use only
- --------------------------------------------------------------------------------
4 Source of Funds AF
- --------------------------------------------------------------------------------
5 Check box if disclosure of legal proceedings is required pursuant
to items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 Citizenship or place of organization State of Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power 6,860,692
Number of
Shares
Beneficially -----------------------------------------------------------------
Owned by 8 Shared Voting Power 0
Each
Reporting
Person -----------------------------------------------------------------
With 9 Sole Dispositive Power 6,860,692
-----------------------------------------------------------------
10 Shared Dispositive Power
- --------------------------------------------------------------------------------
11 Aggregate amount beneficially owned by each reporting person 6,860,692
- --------------------------------------------------------------------------------
12 Check box if the aggregate amount in row (11) excludes
certain shares [ ]
- --------------------------------------------------------------------------------
13 Percent of class represented by amount in row (7) 100%
- --------------------------------------------------------------------------------
14 Type of reporting person PN
- --------------------------------------------------------------------------------
Page 5 of 12
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CUSIP NO. 398629204
- --------------------------------------------------------------------------------
1 Name of Reporting Person HM3/GP Partners, L.P.
I.R.S. Identification No. of above
person (entities only)
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC use only
- --------------------------------------------------------------------------------
4 Source of Funds AF
- --------------------------------------------------------------------------------
5 Check box if disclosure of legal proceedings is required pursuant
to items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 Citizenship or place of organization State of Texas
- --------------------------------------------------------------------------------
7 Sole Voting Power 6,860,692
Number of
Shares
Beneficially -----------------------------------------------------------------
Owned by 8 Shared Voting Power 0
Each
Reporting
Person -----------------------------------------------------------------
With 9 Sole Dispositive Power 6,860,692
-----------------------------------------------------------------
10 Shared Dispositive Power
- --------------------------------------------------------------------------------
11 Aggregate amount beneficially owned by each reporting person 6,860,692
- --------------------------------------------------------------------------------
12 Check box if the aggregate amount in row (11) excludes
certain shares [ ]
- --------------------------------------------------------------------------------
13 Percent of class represented by amount in row (7) 100%
- --------------------------------------------------------------------------------
14 Type of reporting person PN
- --------------------------------------------------------------------------------
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CUSIP NO. 398629204
- --------------------------------------------------------------------------------
1 Name of Reporting Person Hicks, Muse GP Partners III, L.P.
I.R.S. Identification No. of above
person (entities only)
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC use only
- --------------------------------------------------------------------------------
4 Source of Funds AF
- --------------------------------------------------------------------------------
5 Check box if disclosure of legal proceedings is required pursuant
to items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 Citizenship or place of organization State of Texas
- --------------------------------------------------------------------------------
7 Sole Voting Power 6,860,692
Number of
Shares
Beneficially -----------------------------------------------------------------
Owned by 8 Shared Voting Power 0
Each
Reporting
Person -----------------------------------------------------------------
With 9 Sole Dispositive Power 6,860,692
-----------------------------------------------------------------
10 Shared Dispositive Power
- --------------------------------------------------------------------------------
11 Aggregate amount beneficially owned by each reporting person 6,860,692
- --------------------------------------------------------------------------------
12 Check box if the aggregate amount in row (11) excludes
certain shares [ ]
- --------------------------------------------------------------------------------
13 Percent of class represented by amount in row (7) 100%
- --------------------------------------------------------------------------------
14 Type of reporting person PN
- --------------------------------------------------------------------------------
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CUSIP NO. 398629204
- --------------------------------------------------------------------------------
1 Name of Reporting Person Hicks, Muse Fund III, Incorporated
I.R.S. Identification No. of above
person (entities only)
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC use only
- --------------------------------------------------------------------------------
4 Source of Funds AF
- --------------------------------------------------------------------------------
5 Check box if disclosure of legal proceedings is required pursuant
to items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 Citizenship or place of organization State of Texas
- --------------------------------------------------------------------------------
7 Sole Voting Power 6,860,692
Number of
Shares
Beneficially -----------------------------------------------------------------
Owned by 8 Shared Voting Power 0
Each
Reporting
Person -----------------------------------------------------------------
With 9 Sole Dispositive Power 6,860,692
-----------------------------------------------------------------
10 Shared Dispositive Power
- --------------------------------------------------------------------------------
11 Aggregate amount beneficially owned by each reporting person 6,860,692
- --------------------------------------------------------------------------------
12 Check box if the aggregate amount in row (11) excludes
certain shares [ ]
- --------------------------------------------------------------------------------
13 Percent of class represented by amount in row (7) 100%
- --------------------------------------------------------------------------------
14 Type of reporting person CO
- --------------------------------------------------------------------------------
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CUSIP NO. 398629204
- --------------------------------------------------------------------------------
1 Name of Reporting Person Thomas O. Hicks
I.R.S. Identification No. of above
person (entities only)
- --------------------------------------------------------------------------------
2 Check the appropriate box if a member of a group (a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC use only
- --------------------------------------------------------------------------------
4 Source of Funds AF
- --------------------------------------------------------------------------------
5 Check box if disclosure of legal proceedings is required pursuant
to items 2(d) or 2(e) [ ]
- --------------------------------------------------------------------------------
6 Citizenship or place of organization State of Delaware
- --------------------------------------------------------------------------------
7 Sole Voting Power 6,860,692
Number of
Shares
Beneficially -----------------------------------------------------------------
Owned by 8 Shared Voting Power 0
Each
Reporting
Person -----------------------------------------------------------------
With 9 Sole Dispositive Power 6,860,692
-----------------------------------------------------------------
10 Shared Dispositive Power
- --------------------------------------------------------------------------------
11 Aggregate amount beneficially owned by each reporting person 6,860,692
- --------------------------------------------------------------------------------
12 Check box if the aggregate amount in row (11) excludes
certain shares [ ]
- --------------------------------------------------------------------------------
13 Percent of class represented by amount in row (7) 100%
- --------------------------------------------------------------------------------
14 Type of reporting person IN
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 is amended to read as follows:
(a), (b) and (c)
On March 10, 1998, IHF/GM Holding Corporation, a Delaware corporation
("Parent"), IHF/GM Acquisition Corporation, a Delaware corporation
("Purchaser"), a direct wholly owned subsidiary of Parent and an indirect wholly
owned subsidiary of International Home Foods, Inc., a Delaware corporation
("IHF"), IHF and Grist Mill Co., a Delaware corporation ("Grist Mill"), entered
into an Agreement and Plan of Merger (the "Merger Agreement"). Pursuant to the
terms of the Merger Agreement, Purchaser has completed its cash tender offer
(the "Offer") to purchase all the outstanding shares of common stock, par value
$.10 per share ("Common Stock"), of Grist Mill at a price of $14.50 per share. A
total of 6,198,840 shares of Common Stock were tendered pursuant to the Offer
(including 140,032 shares of Common Stock subject to guarantees of delivery),
which expired at midnight, New York City time on Monday, April 13, 1998. All
such tendered shares of Common Stock were accepted for payment by Purchaser.
Also pursuant to the terms of the Merger Agreement, on April 17, 1998 Purchaser
was merged (the "Merger") with and into Grist Mill. As a result of the Merger,
(i) all shares of Common Stock not acquired pursuant to the Offer were converted
into the right to receive $14.50 per share (subject to the holders right of
appraisal under Delaware law) and (ii) Grist Mill has become an indirect wholly
owned subsidiary of International Home Foods.
Purchaser, Parent and IHF are the beneficial owners of the foregoing
shares of Common Stock. Hicks, Muse, Tate & Furst Equity Fund III, L.P. ("Fund
III") holds a majority of the outstanding shares of common stock of IHF. HM3/GP
Partners, L.P. is the general partner of Fund III. Hicks, Muse GP Partners III,
L.P. is the general partner of HM3/GP Partners, L.P. Hicks, Muse Fund III,
Incorporated ("Fund III Inc.") is the general partner of Hicks Muse GP Partners
III, L.P. Mr. Hicks is a controlling person, the Chairman of the Board and the
Chief Executive Officer of Fund III Inc. Each of Fund III, HM3/GP Partner, L.P.,
Hicks, Muse GP Partner III, L.P., Fund III Inc. and Mr. Hicks may be deemed
beneficial owners of the shares of Common Stock beneficially owned by Purchaser,
Parent and IHF. However, each of Fund III, HM3/GP Partner, L.P., Hicks, Muse GP
Partner III, L.P., Fund III Inc. and Mr. Hicks disclaims beneficial ownership of
the shares of Common Stock beneficially owned by Purchaser, Parent and IHF.
Each reporting person has the sole power to vote, or direct the vote
of, and to dispose of, or direct the disposition of, the shares of Common Stock
beneficially owned.
(d) None.
(e) Not applicable.
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: April 20, 1998 IHF/GM ACQUISITION CORPORATION
By:/s/ ANDREW S. ROSEN
-----------------------------------
Andrew S. Rosen
Vice President
IHF/GM HOLDING CORPORATION
By: /s/ ANDREW S. ROSEN
-----------------------------------
Andrew S. Rosen
Vice President
INTERNATIONAL HOME FOODS, INC.
By: /s/ ANDREW S. ROSEN
-----------------------------------
Andrew S. Rosen
Vice President
HICKS, MUSE, TATE & FURST EQUITY
FUND III, L.P.
By: HM3/GP Partners, L.P.
By: Hicks, Muse GP Partners III, L.P.
By: Hicks, Muse Fund III, Incorporated
By: /s/ ANDREW S. ROSEN
-----------------------------------
Andrew S. Rosen
Vice President
HM3/GP PARTNERS, L.P.
By: Hicks, Muse GP Partners III, L.P.
By: Hicks, Muse Fund III, Incorporated
By: /s/ ANDREW S. ROSEN
-----------------------------------
Andrew S. Rosen
Vice President
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HICKS, MUSE GP PARTNERS III, L.P.
By: Hicks, Muse Fund III, Incorporated
By: /s/ ANDREW S. ROSEN
-----------------------------------
Andrew S. Rosen
Vice President
HICKS, MUSE FUND III, INCORPORATED
By: /s/ ANDREW S. ROSEN
-----------------------------------
Andrew S. Rosen
Vice President
THOMAS O. HICKS
By: /s/ DAVID W. KNICKEL
-----------------------------------
David W. Knickel
Attorney-in-Fact
Page 12 of 12
