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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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AMENDMENT NO. 2
TO
SCHEDULE 13E-3
RULE 13E-3 TRANSACTION STATEMENT
(PURSUANT TO SECTION 13(e) OF THE SECURITIES EXCHANGE ACT OF 1934)
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CAMBRIDGE HOLDINGS, LTD.
(NAME OF ISSUER)
CAMBRIDGE HOLDINGS, LTD.
(NAME OF PERSON(S) FILING STATEMENT)
COMMON STOCK, $.025 PAR VALUE
(TITLE OF CLASS OF SECURITIES)
132198201
(CUSIP NUMBER OF CLASS OF SECURITIES)
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GREGORY PUSEY,
PRESIDENT
CAMBRIDGE HOLDINGS, LTD.
1722 BUFFEHR CREEK ROAD
VAIL, COLORADO 81657
(970) 479-2800
COPY TO:
ROBERT M. BEARMAN
BEARMAN TALESNICK & CLOWDUS PROFESSIONAL CORPORATION
1200 SEVENTEENTH STREET, SUITE 2600
DENVER, COLORADO 80202-5826
(303) 572-6500
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THIS STATEMENT IS FILED IN CONNECTION WITH (CHECK THE APPROPRIATE BOX):
a. [ ] The filing of solicitation materials or an information
statement subject to Registration 14A [17 CFR 240.14a-1 to
240.14b. Regulation 14C [17 CFR 240.14c-1 to 240.14c-101] or
Rule 13e-3(c) [Section 240.13e-3(c) under the Securities
Exchange Act of 1933.
b. [ ] The filing of a registration statement under the
Securities Act of 1933.
c. [X] A tender offer.
d. [ ] None of the above.
Check the following box if the soliciting materials or information
statement referred to in checking box (a) are preliminary copies: [ ]
CALCULATION OF FILING FEE
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<CAPTION>
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AMOUNT OF
TRANSACTION VALUATION* FILING FEE**
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<S> <C>
$540,000 $108.00+
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* Assumes purchase of 1,200,000 Shares of Common Stock at $0.45 per
share.
** Calculated based on the transaction valuation multiplied by
one-fiftieth of one percent.
+ Previously paid.
[X] Check box if any part of the fee is offset as provided by
Rule 0-11(a)(2) and identify the filing with which the offsetting
fee was previously paid.
Identify the previous filing by registration statement number, or the
Form or Schedule and the date of its filing.
Amount Previously Paid: $108 Filing Party: Cambridge Holdings, Ltd.
Form or Registration No.: Schedule 13E-4 Date Filed: November 24, 1998
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PURPOSE OF AMENDMENT
This Amendment No. 2 to Schedule 13E-3 relates to an offer by Cambridge
Holdings, Ltd. (the "Company") to purchase (the "Offer") up to 1,200,000
shares of its $.025 par value Common Stock (the "Shares") at $0.45 per Share,
pursuant to an Offer to Purchase, and Supplement thereto, previously filed as
Exhibits to this Tender Offer Statement on Schedule 13E-3 and incorporated
herein by this reference.
The Offer has been terminated. The date of such termination was January
12, 1999. Based on a final count by the Tender Agent, the Company purchased
361,370 Shares at $0.45 per Share for a total of $162,616.50 in accordance
with the terms of the Offer.
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CAMBRIDGE HOLDINGS, LTD.
(a Colorado corporation)
Date: January 25, 1999 By: /s/ Gregory Pusey
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Gregory Pusey, President
