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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. 1 )*
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GENERAL COMMUNICATION, INC.
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(Name of Issuer)
CLASS B COMMON STOCK
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(Title of Class of Securities)
369385208
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(CUSIP Number)
SHERMAN I. GOLDBERG, ESQ.
FIRST CHICAGO NBD CORPORATION
ONE FIRST NATIONAL PLAZA
CHICAGO, ILLINOIS 60670
(312) 732-4000
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
As of December 5, 1997
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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 this statement [ ].
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 the
disclosures provided in a prior cover page.
The information required in 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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CUSIP No. 369385208 13D Page 2 of 7 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
First Chicago NBD Corporation. 38-1984850
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
00
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d)or 2 (E) [ ]
Not Applicable
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
- --------------------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
- --------------------------------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- --------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0%
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14 TYPE OF REPORTING PERSON*
CO HC
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</TABLE>
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CUSIP No. 369385208 13D Page 3 of 7 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.OF ABOVE PERSONS (ENTITIES ONLY)
First Chicago Financial Corporation. 36-2793711
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
- --------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d)or 2(E) [ ]
Not Applicable
- --------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
- --------------------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
- --------------------------------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
- --------------------------------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0%
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14 TYPE OF REPORTING PERSON*
CO
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</TABLE>
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<CAPTION>
CUSIP No. 369385208 13D Page 4 of 7 Pages
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<S> <C>
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS.OF ABOVE PERSONS (ENTITIES ONLY)
First Chicago Investment Corporation. 36-2727230
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
- --------------------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d)or 2(E) [ ]
Not Applicable
- --------------------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
- --------------------------------------------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
- --------------------------------------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
- --------------------------------------------------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
- --------------------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0%
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14 TYPE OF REPORTING PERSON*
CO
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</TABLE>
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AMENDMENT NO. 1 TO SCHEDULE 13D
This Amendment No. 1 to the statement on Schedule 13D filed on November
12, 1996 (the "Initial Statement") by First Chicago Investment Corporation, a
Delaware corporation ("FCIC"), First Chicago Financial Corporation, a Delaware
corporation ("FCFC"), and First Chicago NBD Corporation, a Delaware corporation
("FCN"), relates to the Class B Common Stock (the "Class B Common Stock") of
General Communication, Inc. (the "Company"), and is being filed pursuant to Rule
13d-2 of the General Rules and Regulations under the Securities Exchange Act of
1934, as amended (the "Act"). Capitalized terms used herein, unless otherwise
defined, or the context requires otherwise, have the meaning ascribed to such
terms in the Initial Statement.
Items 4, 5 and 6 of the Initial Statement are amended as set forth
below:
ITEM 4. PURPOSE OF TRANSACTION
ADD THE FOLLOWING AFTER THE SIXTH PARAGRAPH OF ITEM 4 OF THE
INITIAL STATEMENT:
As of December 5, 1997, the parties to the New Voting Agreement
amended such agreement to allow certain parties, including FCIC,
to withdraw from such New Voting Agreement.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
DELETE THE FIRST PARAGRAPH OF ITEM 5(a) OF THE INITIAL STATEMENT
AND REPLACE IT WITH THE FOLLOWING:
FCIC is the owner of 67,597 shares of Class A Common Stock
representing 0.18% of the outstanding Class A Common Stock. FCIC
does not own any Class B Common Stock. FCN and FCFC may be
deemed to beneficially own shares of Class A Common Stock solely
through their direct or indirect ownership of FCIC. FCIC is no
longer a party to the New Voting Agreement, as so amended by the
1997 Amendment No. 1 to Voting Agreement, dated as of December 5,
1997 (the "Amended Voting Agreement"). FCIC, FCFC AND FCN
EXPRESSLY DISCLAIM BENEFICIAL OWNERSHIP OF ANY SHARES OTHER THAN
THE 67,597 DIRECTLY HELD BY FCIC.
DELETE THE FIRST SENTENCE OF THE THIRD PARAGRAPH OF ITEM 5(a) OF
THE INITIAL STATEMENT AND REPLACE IT WITH THE FOLLOWING:
Madison Dearborn Advisors, L. P. ("MD Advisors") advises
FCIC with respect to the 67,597 shares of Class A Common Stock
owned by FCIC.
Page 5 of 7
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DELETE ITEM 5(e) OF THE INITIAL STATEMENT AND REPLACE IT WITH THE
FOLLOWING:
With the execution of the Amended Voting Agreement, FCIC
ceased to be a member of any purported "group" of stockholders of
the Company. The holdings of FCIC, and indirectly FCN and FCFC,
are less than five percent of the Company's Class A Common Stock.
As of the date of this Statement, FCIC's holdings represent
approximately 0.18% of the outstanding Class A Common Stock of
the Company. FCFC and FCN are deemed to beneficially own Shares
solely through their direct or indirect ownership of FCIC. None
of FCIC, FCN or FCFC own any shares of Class B Common Stock.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
THE FOLLOWING IS ADDED AFTER THE SEVENTH PARAGRAPH OF ITEM 6.
As described in Item 5(a), the New Voting Agreement was amended
as of December 5, 1997, to allow certain of the original parties
thereto to withdraw from such agreement. FCIC was one of the
withdrawing parties. FCIC is no longer a party to any voting
agreement relating to the shares of Class A Common Stock held by
it or with respect to Class A Common Stock or Class B Common
Stock held by any other stockholder of the Company.
Page 6 of 7
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies that the information ser forth in this Statement is
true, complete and correct.
Dated: February 10, 1998
FIRST CHICAGO NBD CORPORATION
/s/ M. Eileen Kennedy
BY:_____________________________________
M. Eileen Kennedy
Treasurer
FIRST CHICAGO FINANCIAL CORPORATION
/s/ M. Eileen Kennedy
BY:______________________________________
M. Eileen Kennedy
Assistant Treasurer
FIRST CHICAGO INVESTMENT CORPORATION
/s/ M. Eileen Kennedy
BY:________________________________________
M. Eileen Kennedy
Vice President and Treasurer
Page 7 of 7
