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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
FURNITURE BRANDS INTERNATIONAL, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
458507100
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(CUSIP Number)
Morgan, Lewis & Bockius
John F. Hartigan, Esquire
801 South Grand Avenue
Los Angeles, California 90017-4615
(213) 612-2630
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 17, 1996
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(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 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 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 ("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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SCHEDULE 13D
CUSIP No. 458507100
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Apollo Investment Fund, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or (E) [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
NUMBER OF 11,619,958 shares of Common Stock (including
SHARES 145,439 shares issuable upon exercise of Warrants)
BENEFICIALLY
OWNED BY ------------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON ------------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
11,619,958 shares of Common stock (including
145,439 shares issuable upon exercise of Warrants)
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,619,958 shares of Common Stock (including
145,439 shares issuable upon exercise of Warrants)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.9%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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SCHEDULE 13D
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CUSIP NO. 458507100 PAGE 2 OF 2 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lion Advisors, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or (E) [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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7 SOLE VOTING POWER
11,613,162 shares of Common Stock (including
NUMBER OF 145,382 shares issuable upon exercise of
SHARES Warrants)
BENEFICIALLY
OWNED BY ---------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON
WITH ---------------------------------------------------
9 SOLE DISPOSITIVE POWER
11,613,162 shares of Common Stock (including
145,382 shares issuable upon exercise of
Warrants)
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10 SHARED DISPOSITIVE POWER
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,613,162 shares of Common Stock (including
145,382 shares issuable upon exercise of Warrants)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_]
- -------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.9%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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STATEMENT PURSUANT TO RULE 13d-1
OF THE
GENERAL RULES AND REGULATIONS
UNDER THE
SECURITIES EXCHANGE ACT OF 1934, AS AMENDED
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This Amendment No.2 to Schedule 13D (the "Amendment") supplements and
amends Amendment No. 1 to Schedule 13D filed by Apollo Investment Fund, L.P. and
Lion Advisors, L.P. on November 25, 1996 (the "Schedule 13D," and together with
the Amendment the "Statement").
Item 4. Purpose of Transaction.
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Item 4 is hereby amended by adding the following paragraph immediately
preceeding the last paragraph of Item 4:
On December 12, 1996, the U.S. Underwriters exercised a portion
of their over-allotment to purchase 748,800 shares of Common Stock of Furniture
Brands International, Inc. at a price per share of $11.76. The sale of the
748,800 over-allotment shares in connection with the U.S. Underwriting Agreement
was completed on December 17, 1996.
Item 5. Interest in Securities of the Issuer.
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Item 5 is hereby amended by deleting it in its entirety and substituting
the following therefor:
(a) The Reporting Persons beneficially own an aggregate of
23,233,120 shares of Common Stock (including Warrants to purchase an additional
290,821 shares of Common Stock), or approximately 37.6% of the outstanding
Common Stock. If the U.S. Underwriter's remaining over-allotment option is
exercised, the Reporting Persons will beneficially own an aggregate 22,481,920
shares of Common Stock (including Warrants to purchase an additional 290,821
shares of Common Stock), or approximately 36.4% of the outstanding Common Stock.
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(b) The number of shares of Common Stock as to which there is sole
power to vote or to direct the vote, shared power to vote or to direct the vote,
sole power to dispose or direct the disposition, or shared power to dispose or
direct the disposition for the Reporting Persons is set forth in the cover pages
and such information is incorporated herein by reference.
(c) Except as otherwise disclosed in this Statement, the Reporting
Persons have not effected any transactions in shares of Common Stock during the
preceding 60 days.
(d) Not applicable.
(e) Not applicable.
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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 and agree that this statement may be jointly filed with Lion Advisors,
L.P.
Dated: December 17, 1996
APOLLO INVESTMENT FUND, L.P.
By: Apollo Advisors, L.P.,
Managing General Partner
By: Apollo Capital Management, Inc.,
General Partner
By: /s/ Michael D. Weiner
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Michael D. Weiner
Vice President, Apollo Capital Management, Inc.
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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 and agree that this statement may be jointly filed with Apollo
Investment Fund, L.P.
Dated: December 17, 1996
LION ADVISORS, L.P.
By: Lion Capital Management, Inc.,
General Partner
By: /s/ Michael D. Weiner
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Michael D. Weiner
Vice President, Lion Capital Management, Inc.
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