SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)
Homebase Inc.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
929394104
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(CUSIP Number)
*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).
(Continued on following page(s))
Page 1 of 5 Pages
<PAGE>
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CUSIP NO. 929394104 13G Page 2 of 5 Pages
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
David J. Greene and Company
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2 Check the Appropriate Box if a Member of a Group*
(a) |_|
(b) |XX|
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3 SEC Use Only
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4 Citizenship or Place of Organization
New York
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5 Sole Voting Power
399,200 shares
Number of --------------------------------------------------------------
Shares 6 Shared Voting Power
Beneficially
Owned By 2,971,200 shares
Each --------------------------------------------------------------
Reporting 7 Sole Dispositive Power
Person
With 399,200 shares
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8 Shared Dispositive Power
4,725,355 shares
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9 Aggregate Amount Beneficially Owned By Each Reporting Person
5,124,555 shares
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10 Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares*
|_|
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11 Percent of Class Represented By Amount in Row 9
13.80%
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12 Type of Reporting Person*
Broker-dealer/Investment Adviser/Partnership (BD/IA/PN)
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
David J. Greene and Company 3 of 5
The filing of this statement shall not be construed as an admission that David
J. Greene and Company is the beneficial owner of the securities covered by such
statement.
Item 1. (a) Name of Issuer.
Homebase Inc.
Item 1. (b) Address of Issuer's Principal Executive Offices.
One Mercer Road
P.O. Box 9600
Natick, MA 01760
Item 2. (a) Name of Person Filing.
David J. Greene and Company
Item 2. (b) Address of Principal Business Office.
599 Lexington Avenue, New York, NY 10022
Item 2. (c) Place of Organization.
New York
Item 2. (d) Title of Class of Securities.
Common Stock, $.01 Par Value
Item 2. (e) CUSIP Number.
929394104
Item 3. (a) David J. Greene and Company is a broker-dealer registered
under Section 15 of the Act.
(b) David J. Greene and Company is an investment adviser
registered under Section 203 of the Investment Advisers Act
of 1940.
Item 4. Ownership.
(a) Amount Beneficially Owned: 5,124,555 shares
(b) Percent of Class: 13.80%
<PAGE>
David J. Greene and Company 4 of 5
(c) Number of shares as to which such person has:
(i) Sole power to vote: 399,200 shares
(ii) Shared power to vote: 2,971,200 shares
(iii) Sole power to dispose of or to direct the
disposition of: 399,200 shares
(iv) Shared power to dispose or to direct the
disposition of: 4,725,355 shares
Item 5. Ownership of Five Percent or Less of a Class.
Reporting person has not ceased to be the beneficial owner of more
than five percent of the securities.
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 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.
<PAGE>
David J. Greene and Company 5 of 5
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of
and do not have the effect of changing or influencing the control of
the issuer of such securities and were not acquired in connection
with or as a participant in any transaction having such purpose or
effect.
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: September 8, 1997
Signature: /s/ E. Stephen Walsh
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Name/Title: E. Stephen Walsh
General Partner and
Director of Compliance
