MEYER FRED INC
SC 13G/A, 1997-02-14
DEPARTMENT STORES
Previous: MEYER FRED INC, SC 13G/A, 1997-02-14
Next: CIGNA CORP, SC 13G/A, 1997-02-14



<PAGE>   1


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                                (Amendment No. 6)(1)



                                FRED MEYER, INC.
                                (Name of Issuer)


                     COMMON STOCK, PAR VALUE $.01 PER SHARE
                         (Title of Class of Securities)


                                   593098-10-6
                                 (CUSIP Number)


(1) 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).



<PAGE>   2

CUSIP No.  593098-10-6                  13G            PAGE   2   OF   5   PAGES
         ---------------------                              -----    -----      

   1.     Names of Reporting Person                 
          S.S. or I.R.S. Identification No. of Above Persons                

             KKR ASSOCIATES, L.P.
          ---------------------------------------------------------------------

   2.     Check the Appropriate Box if a Member of a Group          (a)   [   ]
                                                                    (b)   [   ]

          --------------------------------------------------------------------- 

   3.     SEC Use Only

          ---------------------------------------------------------------------

   4.     Citizenship or Place of Organization                      

             NEW YORK
          ---------------------------------------------------------------------

                        5.     Sole Voting Power                    
  Number of                       -0-
   Shares              --------------------------------------------------------
 Beneficially           6.     Shared Voting Power                  
  Owned By                        4,534,492
    Each               --------------------------------------------------------
  Reporting             7.     Sole Dispositive Power               
 Person With                      -0-
                       --------------------------------------------------------
                        8.     Shared Dispositive Power             
                                  4,534,492
                       --------------------------------------------------------

   9.     Aggregate Amount Beneficially Owned by Each Reporting Person         

             4,534,492
          ---------------------------------------------------------------------

  10.     Check Box if the Aggregate Amount in Row (9) Excludes Certain
          Shares                                                         [   ]

          ---------------------------------------------------------------------

  11.     Percent of Class Represented by Amount in Row (9)           

             17.3%
          ---------------------------------------------------------------------

  12.     Type of Reporting Person

             PN
          ---------------------------------------------------------------------

<PAGE>   3


ITEM 1.

         (a)      NAME OF ISSUER:

                           Fred Meyer, Inc.

         (b)      ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

                           3800 S.E. 22nd Avenue
                           Portland, Oregon 97202
ITEM 2.

         (a)      NAME OF PERSON FILING:

                           KKR Associates, L.P.

         (b)      ADDRESS OF PRINCIPAL BUSINESS OFFICE:

                           c/o Kohlberg Kravis Roberts & Co.
                           9 West 57th Street
                           New York, New York 10019

         (c)      CITIZENSHIP:

                           New York

         (d)      TITLE OF CLASS OF SECURITIES:

                           Common Stock, par value $.01 per share

         (e)      CUSIP NUMBER:

                           593098-10-6

ITEM 3.  Not applicable

ITEM 4.  OWNERSHIP

         (a)      AMOUNT BENEFICIALLY OWNED:

                  The 4,534,492 shares whose beneficial ownership is reported
                  herein were owned of record by FMI Associates, L.P., a 
                  Delaware limited partnership as of December 31, 1996. KKR
                  Associates, L.P., a New York limited partnership, is the sole
                  general partner of FMI Associates, L.P., in which capacity it
                  may be deemed to be the beneficial owner of the shares of Fred
                  Meyer, Inc. common stock beneficially owned by FMI Associates,
                  L.P. Henry R. Kravis, George R. Roberts, Paul E. Raether,
                  Robert I. MacDonnell, Michael W. Michelson, James H. Greene,
                  Jr., Michael T. Tokarz, Edward A. Gilhuly, Perry Golkin,
                  Clifton S. Robbins and Scott Stuart are the general partners
                  of KKR Associates, L.P., and Messrs. Kravis and Roberts are
                  also the members of the Executive Committee of KKR Associates,
                  L.P., and in such capacity may be deemed



                                Page 3 of 5 pages

<PAGE>   4

                  to share beneficial ownership of any shares of Fred Meyer,
                  Inc. common stock that KKR Associates, L.P. may beneficially
                  own or be deemed to beneficially own, but disclaim any such
                  beneficial ownership.

         (b)      PERCENT OF CLASS:

                           17.3%

         (c)      NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

                  (i)      Sole power to vote or direct the vote:

                                    -0-

                  (ii)     Shared power to vote or to direct the vote:

                                    4,534,492

                  (iii)    Sole power to dispose or to direct the disposition
                           of:

                                    -0-

                  (iv)     Shared power to dispose or to direct the disposition
                           of:

                                    4,534,492

ITEM 5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

                  Not applicable.

ITEM 6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

                  Not applicable.

ITEM 7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
         THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

                  Not applicable.

ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

                  Not applicable.

ITEM 9.  NOTICE OF DISSOLUTION OF GROUP

                  Not applicable.

ITEM 10.          CERTIFICATION

                  Not applicable.



                                Page 4 of 5 pages

<PAGE>   5

                                    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.

Date:  February 13, 1997


                              KKR ASSOCIATES, L.P.



                              By: /s/ Edward A. Gilhuly
                                  ---------------------------------------
                              Name:       Edward A. Gilhuly
                              Title:      General Partner



                                Page 5 of 5 pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission