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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
IBP, INC.
(Name of Issuer)
Common Stock
$0.05 PAR VALUE
(Title of Class of Securities)
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449223106
(CUSIP Number)
George R. Bason, Jr.
Davis Polk & Wardwell
450 Lexington Avenue
New York, New York 10017
Tel. No.: 212 450 4340
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
January 1, 2001
(Date of Event which Requires Filing of
this Statement)
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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 statement because of Rule 13d-1(b)(3) or (4), check the following: o
Check the following box if a fee is being paid with this statement. o
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SCHEDULE 13D
CUSIP No. 449223106 Page 1 of 1 Page
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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*
(a) |_|
(b) |X|
3 SEC USE ONLY
4 SOURCE OF FUNDS*
Not applicable
5 CHECK BOX 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
See Item 5
NUMBER OF SHARES
BENEFICIALLY OWNED BY 8 SHARED VOTING POWER
EACH REPORTING PERSON
WITH See Item 5
9 SOLE DISPOSITIVE POWER
See Item 5
10 SHARED DISPOSITIVE POWER
See Item 5
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Item 5
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES |_|
CERTAIN SHARES*
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
See Item 5
14 TYPE OF REPORTING PERSON*
BK, HC, OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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The Reporting Person hereby amends and supplements the Report on
Schedule 13D originally filed on October 11, 2000, as amended by Amendment No. 1
on November 9, 2000 and Amendment No. 2 on December 26, 2000 (as so amended, the
"Schedule 13D"), with respect to the shares of common stock, $0.05 par value
(the "Shares") of IBP, inc. (the "Company"). Unless otherwise indicated, each
capitalized term used but not defined herein shall have the meaning assigned to
such term in the Schedule 13D.
Item 4. Purpose of the Transaction
The response set forth in Item 4 of the Schedule 13D is hereby amended
and supplemented as follows:
On January 1, 2001, IBP terminated the Merger Agreement pursuant to
Section 10.01(e) thereof. As a result of the termination of the Merger
Agreement, the Voting Agreement was automatically terminated in accordance with
its terms.
Item 5 Interest in Securities of the Issuer
The response set forth in Item 5 of the Schedule 13D is hereby amended
by deleting it in its entirety and replacing it with the following:
As described in Item 4, the Voting Agreement was terminated on January
1, 2001 as a result of the termination of the Merger Agreement by IBP.
Accordingly, as of January 1, 2001, each of the Reporting Person, CSFB-USA, the
Bank and the DLJ Entities disclaims beneficial ownership with respect to IBP's
common stock, except as provided in the following paragraph.
As of January 5, 2000, in the ordinary course of the Reporting
Person's business, CSFBC and certain subsidiaries of CSFB-USA hold in the
aggregate less than 1% of the Shares outstanding in investment advisory and
brokerage accounts, and in proprietary trading and investment accounts.
Therefore, as of the date of this filing, the Reporting Person is not required
under Section 13 of the Exchange Act to file reports with respect to IBP's
common stock based on their current holdings.
1
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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.
Date: January 5, 2001
Credit Suisse First Boston, acting solely on
behalf of the Credit Suisse First Boston
business unit
By: /s/ Lindsay Hollister
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Name: Lindsay Hollister
Title: Director
2
