<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
AMREP Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
032159105
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(CUSIP Number)
David P. Maniatis With a copy to:
7720 East Redfield Road Morris Orens, Esq.
Suite 8 Swidler Berlin Shereff Friedman, LLP
Scottsdale, Arizona 85260 405 Lexington Avenue
(480) 991-2288 New York, New York 10174
(212) 973-0111
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
May 31, 2000
------------------------
(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
statement because of Rule 13d-1(e), (f) or (g), check the following: [ ].
Note: An EDGAR version of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-7 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 Afiled@ for the purpose of Section 18 of the Securities Exchange Act of
1934 (AAct@) 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
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CUSIP No. 032159105 Page 2 of Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Recorp Partners, Inc.
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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 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES 15,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 15,000
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,000
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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)
5.24%**
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14 TYPE OF REPORTING PERSON*
CO
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* SEE INSTRUCTIONS
** SEE ITEMS 4 AND 5
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SCHEDULE 13D
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CUSIP No. 032159105 Page 3 of Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Greenplex Investments, L.L.C.
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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 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Arizona
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NUMBER OF 7 SOLE VOTING POWER
SHARES 272,626
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 272,626
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
272,626
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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)
5.24**
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14 TYPE OF REPORTING PERSON*
OO
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* SEE INSTRUCTIONS
** SEE ITEMS 4 AND 5
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SCHEDULE 13D
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USIP No. 032159105 Page 4 of Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Rio Verde 120, LLC
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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 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Arizona
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NUMBER OF 7 SOLE VOTING POWER
SHARES 31,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 31,000
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
31,000
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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)
5.24%**
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14 TYPE OF REPORTING PERSON*
OO
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* SEE INSTRUCTIONS
** SEE ITEMS 4 AND 5
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SCHEDULE 13D
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CUSIP No. 032159105 Page 5 of Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Steven S. Robson
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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*
PF
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 7 SOLE VOTING POWER
SHARES 61,000
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 61,000
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
61,000
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.24%**
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14 TYPE OF REPORTING PERSON*
IN
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* SEE INSTRUCTIONS
** SEE ITEMS 4 AND 5
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SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER.
This Amendment No. 2 relates to the Schedule 13D (the "Statement") filed on
May 18, 2000 and Amendment No. 1 to the Statement filed on May 31, 2000, by
Recorp Partners, Inc., a Delaware corporation ("Recorp Partners"), Greenplex
Investments, L.L.C., an Arizona limited liability company ("Greenplex"), Rio
Verde 120, LLC, an Arizona limited liability company ("Rio Verde") and Steven S.
Robson ("Mr. Robson" and collectively, the "Reporting Persons") with respect to
the common stock, par value $.10 per share (the "Common Stock"), of AMREP
Corporation, an Oklahoma corporation (the "Company" or the "Issuer"), which has
its principal executive office at 641 Lexington Avenue, Sixth Floor, New York,
New York 10022. Unless otherwise specified, all capitalized terms herein have
the meanings assigned to them in the Statement.
ITEM 4. PURPOSE OF TRANSACTION. Item 4 is hereby supplemented as follows:
In response to the Reporting Persons' May 30, 2000 offer to acquire the
Company for $9.00 per share in a cash merger (the "Offer"), the Company, in a
letter dated May 31, 2000 and attached hereto as Exhibit 6, has requested a
meeting with the Reporting Persons to discuss the Reporting Persons' financing
sources and ability to consummate the acquisition. By letter dated June 1, 2000,
attached hereto as Exhibit 7, the Reporting Persons have offered to attend such
a meeting and have extended the Offer until June 16, 2000, at 3:30 p.m. New York
City time.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Item 7 is hereby supplemented as
follows:
Exhibit 6: Letter dated May 31, 2000, from the Company
Exhibit 7: Letter dated June 1, 2000, to the Company
Page 6
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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.
Greenplex Investments, L.L.C.
By: /s/ David P. Maniatis
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Date: June 1, 2000 Name: David P. Maniatis
Title: Manager
Page 7
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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.
Rio Verde 120, LLC
By: Recorp Management, Inc., Manager
By: /s/ David P. Maniatis
-----------------------------------
Date: June 1, 2000 Name: David P. Maniatis
Title: Secretary
Page 8
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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.
/s/ Steven S. Robson
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Date: June 1, 2000 Steven S. Robson
Page 9
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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.
Recorp Partners, Inc.
By: /s/ David P. Maniatis
------------------------------
Date: June 1, 2000 Name: David P. Maniatis
Title: President
Page 10
