<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-------------------
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
(Amendment No. 2)
Telemundo Group, Inc.
- --------------------------------------------------------------------------
(Name of Issuer)
Common Stock 87943M108
- ----------------------------------- -----------------------------------
(Title of class of securities) (CUSIP number)
---------
Check the following box if a fee is being paid with the statement [_].
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five
percent or less of such class.) (See Rule 13d-7.)
<PAGE>
<PAGE>
CUSIP No. 87943M108 13G - Page 2
1 NAME OF REPORTING PERSON: Bear, Stearns & Co. Inc.
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE 13-3299429
PERSON:
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:* (a) [_]
(b) [_]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF Delaware
ORGANIZATION:
NUMBER OF 5 SOLE VOTING POWER: 1,928,195
SHARES
BENEFICIALLY 6 SHARED VOTING POWER: 0
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER: 1,928,195
REPORTING
PERSON WITH 8 SHARED DISPOSITIVE POWER: 0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING 1,928,195 (as of
PERSON: 12/31/93)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [_]
CERTAIN SHARES:*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 5.2%
12 TYPE OF REPORTING PERSON:* BD
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
<PAGE>
Item 1(a): Name of Issuer:
Telemundo Group, Inc.
Item 1(b): Address of Issuer's Principal Executive Offices:
1740 Broadway
New York, NY 10019
Item 2(a): Name of Person Filing:
Bear, Stearns & Co. Inc.
Item 2(b): Address of Principal Business Office:
245 Park Ave.
New York, NY 10167
Item 2(c): Citizenship:
Incorporated in Delaware
Item 2(d): Title of Class of Securities:
Common stock
Item 2(e): Cusip Number:
87943M108
Item 3: If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a)(x) Broker or Dealer registered under Section 15 of the
----------------------------------------------------------
Act
---
Item 4: Ownership:
(a) Amount beneficially owned: (As of 12/31/93)
1,928,195
(b) Percentage of class: 5.2%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
1,928,195
See item 4(a) herein
---------------------
(ii) Shared power to vote or to direct the vote: 0
3
NYFS04...:\25\22625\0110\7120\SCH20994.S80
<PAGE>
<PAGE>
(iii) Sole power to dispose or to direct the
disposition of: 1,928,195
See item 4(a) herein
--------------------
(iv) Shared power to dispose or to direct the
disposition: 0
Item 5: Ownership of Five or less percent 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:
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 purposes 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.
BEAR, STEARNS & CO. INC.
2/4/93 /s/ Donald R. Mullen, Jr.
------------------- ------------------------------------
Date Signature
Senior Managing Director
4
NYFS04...:\25\22625\0110\7120\SCH20994.S80