<PAGE>
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
---------------------
SCHEDULE 14D-1
Tender Offer Statement Pursuant to Section 14(d)(1)
of the Securities Exchange Act of 1934
(Amendment No. 5 - Final Amendment)
OUTBOARD MARINE CORPORATION
(Name of Subject Company)
GREENMARINE ACQUISITION CORP.
A Wholly-Owned Subsidiary of
GREENMARINE HOLDINGS LLC
(Bidders)
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 8)
Greenlake Holdings LLC
Alfred D. Kingsley
Gary K. Duberstein
and
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)
<TABLE>
<S> <C> <C>
Greenmarine Holdings LLC QIH Management Investor, L.P. Stanley F. Druckenmiller
Greenmarine Acquisition Corp. QIH Management, Inc. Quasar International Fund N.V.
Quantum Industrial Holdings Ltd. Soros Fund Management LLC Quasar International Partners C.V.
Quantum Industrial Partners LDC George Soros Quasar Strategic Partners LDC
</TABLE>
Common Stock, $.15 Par Value
----------------------------
(Title of Class of Securities)
690020102
-------------------------------------
(CUSIP Number of Class of Securities)
Gary K. Duberstein, Esq.
GREENMARINE ACQUISITION CORP.
277 Park Avenue, 27th Floor
New York, New York 10172
(212) 350-5100
---------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications on Behalf of Bidder)
Copies to:
David E. Zeltner, Esq. Patrick J. Dooley, Esq.
WEIL, GOTSHAL & MANGES LLP AKIN, GUMP, STRAUSS, HAUER & FELD LLP
767 Fifth Avenue 590 Madison Avenue
New York, New York 10153 New York, New York 10022
(212) 310-8000 (212) 872-1000
CALCULATION OF FILING FEE
- ------------------------------------------------------------------------------
Transaction
Valuation $327,995,352* Amount of Filing Fee $65,600**
- ------------------------------------------------------------------------------
/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: $65,600 Filing Party: Greenmarine Acquisition Corp.
------------ ------------------------------
Form or registration no.: 14D-1 Date filed: August 8, 1997
---------- ------------------------------
- ------------
* Pursuant to, and as provided by, Rule 0-11(d), and for the purpose of
calculating filing fees only, this amount assumes the purchase at $18.00
cash per share of 18,221,964 shares of the common stock of the Subject
Company, par value $0.15 per share ("Shares"), which is equal to the total
number of Shares outstanding as reported in the Quarterly Report on Form
10-Q of Outboard Marine Corporation for the quarter ended June 30, 1997,
less 2,000,000 Shares owned beneficially by Bidders and their affiliates.
** 1/50 of 1% of Transaction Valuation.
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
GREENLAKE HOLDINGS LLC
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION Delaware
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 2,000,000
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 2,000,000
| |
_______________|_____|_________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 2,000,000
______________________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW (11) 9.8%
______________________________________________________________________________
14. TYPE OF REPORTING PERSON OO
______________________________________________________________________________
2
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
ALFRED D. KINGSLEY
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION United States
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 2,000,000
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 2,000,000
| |
_______________|_____|_________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 2,000,000
______________________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW (11) 9.8%
______________________________________________________________________________
14. TYPE OF REPORTING PERSON IN
______________________________________________________________________________
3
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
GARY K. DUBERSTEIN
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION United States
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 2,000,000
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSI`IVE POWER 2,000,000
| |
_______________|_____|_________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 2,000,000
______________________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW (11) 9.8%
______________________________________________________________________________
14. TYPE OF REPORTING PERSON IN
______________________________________________________________________________
4
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
GREENMARINE HOLDINGS LLC
13-3960749
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS AF
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION Delaware
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 16,502,801
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 16,502,801
| |
_______________|_____|_________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 16,502,801
______________________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW (11) 80.9%
______________________________________________________________________________
14. TYPE OF REPORTING PERSON OO
______________________________________________________________________________
5
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
GREENMARINE ACQUISITION CORP. 13-3960743
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(b) [ ]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO, BF
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION Delaware
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 16,502,801
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 16,502,801
| |
_______________|_____|_________________________________________________________
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON 16,502,801
______________________________________________________________________________
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
______________________________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW (11) 80.9%
______________________________________________________________________________
14. TYPE OF REPORTING PERSON CO
______________________________________________________________________________
6
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
QUANTUM INDUSTRIAL HOLDINGS LTD.
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION British Virgin Islands
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 0
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 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
______________________________________________________________________________
14. TYPE OF REPORTING PERSON CO
______________________________________________________________________________
7
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
QUANTUM INDUSTRIAL PARTNERS LDC
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS WC
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION Cayman Islands
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 0
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 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
______________________________________________________________________________
14. TYPE OF REPORTING PERSON OO; IV
______________________________________________________________________________
8
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
QIH MANAGEMENT INVESTOR, L.P.
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION Delaware
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 0
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 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
______________________________________________________________________________
14. TYPE OF REPORTING PERSON PN; IA
______________________________________________________________________________
9
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
QIH MANAGEMENT, INC.
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION Delaware
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 0
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 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
______________________________________________________________________________
14. TYPE OF REPORTING PERSON CO
______________________________________________________________________________
10
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
SOROS FUND MANAGEMENT LLC
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION Delaware
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 0
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 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
______________________________________________________________________________
14. TYPE OF REPORTING PERSON OO; IA
______________________________________________________________________________
11
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
MR. GEORGE SOROS
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION United States
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 0
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 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
______________________________________________________________________________
14. TYPE OF REPORTING PERSON IA
______________________________________________________________________________
12
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
MR. STANLEY F. DRUCKENMILLER
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION United States
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 0
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 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
______________________________________________________________________________
14. TYPE OF REPORTING PERSON IA
______________________________________________________________________________
13
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
QUASAR INTERNATIONAL FUND N.V.
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION Netherlands Antilles
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 0
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 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
______________________________________________________________________________
14. TYPE OF REPORTING PERSON CO
______________________________________________________________________________
14
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
QUASAR INTERNATIONAL PARTNERS C.V.
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS OO
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION Netherlands Antilles
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 0
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 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
______________________________________________________________________________
14. TYPE OF REPORTING PERSON PN
______________________________________________________________________________
15
<PAGE>
_______________________________________________________________________________
CUSIP No. 690020102 14D-1 Page __ of __ Pages
_______________________________________________________________________________
1. NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
QUASAR STRATEGIC PARTNERS LDC
______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
______________________________________________________________________________
3. SEC USE ONLY
______________________________________________________________________________
4. SOURCE OF FUNDS AF
______________________________________________________________________________
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(E) OR 2(F) [ ]
______________________________________________________________________________
6. CITIZENSHIP OR PLACE OR ORGANIZATION Cayman Islands
_______________________________________________________________________________
| |
NUMBER OF | 7. | SOLE VOTING POWER 0
SHARES | |
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8. | SHARED VOTING POWER 0
REPORTING | |
PERSON WITH |_____|________________________________________________________
| |
| 9. | SOLE DISPOSITIVE POWER 0
| |
|_____|________________________________________________________
| |
| 10. | SHARED DISPOSITIVE POWER 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
______________________________________________________________________________
14. TYPE OF REPORTING PERSON OO; IV
______________________________________________________________________________
16
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This Amendment No. 5 amends and supplements the Tender Offer Statement on
Schedule 14D-1 originally filed with the Securities and Exchange Commission on
August 8, 1997 (as heretofore amended, the "Schedule 14D-1") relating to the
offer by Greenmarine Acquisition Corp., a Delaware corporation (the
"Purchaser") and a wholly owned subsidiary of Greenmarine Holdings LLC, a
Delaware limited liability company ("Parent"), the members of which are Quasar
Strategic Partners LDC, a Cayman Islands limited duration company ("QSP"),
Quantum Industrial Partners LDC, a Cayman Islands limited duration company
("QIP"), and Greenlake Holdings LLC, a Delaware limited liability company
("Greenlake"), to purchase all outstanding shares of common stock, $0.15 par
value per share (the "Shares"), of Outboard Marine Corporation, a Delaware
corporation (the "Company"), including the associated preferred stock purchase
rights (the "Rights") issued pursuant to the Rights Agreement, dated as of
April 24, 1996 (as amended, the "Rights Agreement"), by and between the
Company and First Chicago Trust Company of New York, as Rights Agent, at a
purchase price of $18.00 per Share (and associated Right), net to the seller
in cash, without interest, upon the terms and subject to the conditions set
forth in the Purchaser's Offer to Purchase and in the related Letter of
Transmittal each dated August 8, 1997 (which together constitute the "Offer").
The Offer is scheduled to expire at 5:00 P.M., New York City time, on
Thursday, September 11, 1997, unless extended in accordance with the Offer.
This Amendment also constitutes Amendment No. 8 to the Statement on Schedule
13D previously filed by Greenlake, Alfred D. Kingsley and Gary K. Duberstein.
Messrs. Kingsley and Duberstein and Greenlake collectively constitute the
"Greenlake Group". In addition, this Amendment constitutes Amendment No. 5 to
the Statement on Schedule 13D previously filed by Parent, Purchaser, QSP, QIP,
Quantum Industrial Holdings Ltd., a British Virgin Islands corporation, QIH
Management Investor, L.P., a Delaware limited partnership, QIH Management
Inc., a Delaware corporation, Soros Fund Management LLC, a Delaware limited
liability company, Quasar International Fund N.V., a Netherlands Antilles
limited liability corporation, Quasar International Partners C.V., a
Netherlands Antilles limited partnership, George Soros and Stanley F.
Druckenmiller, who may be deemed to be part of a group, for purposes of
Schedule 13D, with the Greenlake Group by virtue of the contractual
arrangements relating to the formation of Parent and Purchaser and the Offer,
as more fully described or incorporated by reference into this Schedule 14D-1;
however, none of such persons affirms the existence of any such group. The
item numbers and responses thereto below are in accordance with the
requirements of Schedule 14D-1. Capitalized terms used and not defined herein
have the meanings assigned to them in the Schedule 14D-1.
Information relating to members of the Greenlake Group in the Schedule
14D-1 and the related Offer to Purchase has been provided by Greenlake Holdings
LLC. Information relating to persons other than the Greenlake Group in the
Schedule 14D-1 and the related Offer to Purchase has been provided individually
by such person.
Item 6. Interest in Securities of the Subject Company.
(a) - (b) Following expiration of the Offer at 5:00 p.m., New York City
time, on Thursday, September 11, 1997, the Purchaser accepted for payment all
Shares validly tendered pursuant to the Offer. The Purchaser has been informed
by the Depositary that 16,502,801 Shares were tendered either via the Letter
of Transmittal or the Notice of Guaranteed Delivery, which when aggregated
with the 2,000,000 Shares already owned by the Greenlake Group, represent
approximately 91% of all Shares presently outstanding. This calculation is
based upon the representation of the Company to the Purchaser that 20,396,864
Shares are presently outstanding. A copy of the press release issued by the
Purchaser on September 12, 1997 relating to the completion of the Offer is
filed herewith as Exhibit (a)(11) and is incorporated herein by reference.
17
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ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
<TABLE>
<S> <C>
(a)(1) Offer to Purchase, dated August 8, 1997*
(a)(2) Letter of Transmittal*
(a)(3) Letter from Greenmarine Acquisition Corp. to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees*
(a)(4) Letter from Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees to Clients*
(a)(5) Notice of Guaranteed Delivery*
(a)(6) Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9*
(a)(7) Summary Announcement, dated August 8, 1997*
(a)(8) Press Release issued by Greenmarine Acquisition Corp. on August 7, 1997*
(a)(9) Press Release issued by Greenmarine Acquisition Corp. on September 8, 1997*
(a)(10) Press Release issued by Greenmarine Acquisition Corp. on September 10, 1997*
(a)(11) Press Release issued by Greenmarine Acquisition Corp. on September 12, 1997
(b)(1) Financing Commitment Letter, dated August 7, 1997, among Greenmarine Acquisition Corp and American Financial Group, Inc.*
(b)(2) Credit Agreement by and among Greenmarine Acquisition Corp., as Borrower, and American Annuity Group, Inc. and Great
American Insurance Company, as Lenders, dated August 13, 1997*
(c)(1) Operating Agreement of Greenmarine Holdings LLC dated August 7, 1997 by and among the Members signatory thereto*
(c)(2) Joint Filing Agreement, dated August 20, 1997*
(c)(3) Draft of Proposed Agreement and Plan of Merger among Greenmarine Holdings LLC, Greenmarine Acquisition Corp. and Outboard
Marine Corporation*
(g)(1) Complaint filed in the Court of Chancery for the State of Delaware in and for New Castle County, dated August 8, 1997,
captioned Greenmarine Acquisition Corp. v. Outboard Marine Corporation et al., C.A. No. 15864NC*
(g)(2) Letter dated August 11, 1997 from Alfred D. Kingsley to the Board of Directors of the Company*
(g)(3) Letter dated August 12, 1997 from Harry W. Bowman to Alfred D. Kingsley*
(g)(4) Letter dated August 12, 1997 from Alfred D. Kingsley to Harry W. Bowman*
(g)(5) Letter dated September 10, 1997 from Alfred D. Kingsley to Harry W. Bowman*
</TABLE>
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*Previously filed.
18
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SIGNATURE
After due inquiry and to the best of its knowledge and belief, each of the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated: September 12, 1997 GREENLAKE HOLDINGS LLC
By:/s/ Gary K. Duberstein
-------------------------------------
Gary K. Duberstein
Member
/s/ Alfred D. Kingsley
--------------------------------------
Alfred D. Kingsley
/s/ Gary K. Duberstein
--------------------------------------
Gary K. Duberstein
GREENMARINE HOLDINGS LLC
By:/s/ Gary K. Duberstein
----------------------------------
Gary K. Duberstein
Title: Member
GREENMARINE ACQUISITION CORP.
By:/s/ Gary K. Duberstein
----------------------------------
Gary K. Duberstein
Title: Vice-President
QUANTUM INDUSTRIAL HOLDINGS LTD.
By:/s/ Michael C. Neus
----------------------------------
Michael C. Neus
Attorney-in-Fact
QUANTUM INDUSTRIAL PARTNERS LDC
By:/s/ Michael C. Neus
----------------------------------
Michael C. Neus
Attorney-in-Fact
QIH MANAGEMENT INVESTOR, L.P.
By: QIH Management, Inc.,
its General Partner
By:/s/ Michael C. Neus
----------------------------------
Michael C. Neus
Vice President
19
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QIH MANAGEMENT, INC.
By:/s/ Michael C. Neus
-------------------------------
Michael C. Neus
Vice President
SOROS FUND MANAGEMENT LLC
By:/s/ Michael C. Neus
-------------------------------
Michael C. Neus
Assistant General Counsel
GEORGE SOROS
By:/s/ Michael C. Neus
-------------------------------
Michael C. Neus
Attorney-in-Fact
STANLEY F. DRUCKENMILLER
By:/s/ Michael C. Neus
-------------------------------
Michael C. Neus
Attorney-in-Fact
QUASAR INTERNATIONAL FUND N.V.
By:/s/ Michael C. Neus
-------------------------------
Michael C. Neus
Attorney-in-Fact
QUASAR INTERNATIONAL PARTNERS C.V.
By:/s/ Michael C. Neus
-------------------------------
Michael C. Neus
Attorney-in-Fact
QUASAR STRATEGIC PARTNERS LDC
By:/s/ Michael C. Neus
-------------------------------
Michael C. Neus
Attorney-in-Fact
20
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EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit Description Page No.
- --------- -------------- ---------
<S> <C> <C>
(a)(1) Offer to Purchase, dated August 8, 1997*
(a)(2) Letter of Transmittal*
(a)(3) Letter from Greenmarine Acquisition Corp. to Brokers, Dealers,
Commercial Banks, Trust Companies and Other Nominees*
(a)(4) Letter from Brokers, Dealers, Commercial Banks, Trust Companies
and Other Nominees to Clients*
(a)(5) Notice of Guaranteed Delivery*
(a)(6) Guidelines for Certification of Taxpayer Identification Number on
Substitute Form W-9*
(a)(7) Summary Announcement, dated August 8, 1997*
(a)(8) Press Release issued by Greenmarine Acquisition Corp. on August 7,
1997*
(a)(9) Press Release issued by Greenmarine Acquisition Corp. on September
8, 1997*
(a)(10) Press Release issued by Greenmarine Acquisition Corp. on September
10, 1997*
(a)(11) Press Release issued by Greenmarine Acquisition Corp. on September
12, 1997
(b)(1) Financing Commitment Letter, dated August 7, 1997, among
Greenmarine Acquisition Corp. and American Financial Group, Inc.*
(b)(2) Credit Agreement by and among Greenmarine Acquisition Corp., as
Borrower, and American Annuity Group, Inc. and Great American
Insurance Company, as Lenders, dated August 13, 1997*
(c)(1) Operating Agreement of Greenmarine Holdings LLC dated August 7,
1997 by and among the Members signatory thereto*
(c)(2) Joint Filing Agreement, dated August 20, 1997*
(c)(3) Draft of Proposed Agreement and Plan of Merger among Greenmarine
Holdings LLC, Greenmarine Acquisition Corp. and Outboard Marine
Corporation*
(g)(1) Complaint filed in the Court of Chancery for the State of Delaware
in and for New Castle County, dated August 8, 1997, captioned
Greenmarine Acquisition Corp. v. Outboard Marine Corporation et
al., C.A. No. 15864NC*
(g)(2) Letter dated August 11, 1997 from Alfred D. Kingsley to the Board
of Directors of the Company*
(g)(3) Letter dated August 12, 1997 from Harry W. Bowman to Alfred D.
Kingsley*
(g)(4) Letter dated August 12, 1997 from Alfred D. Kingsley to Harry W.
Bowman*
(g)(5) Letter dated September 10, 1997 from Alfred D. Kingsley to Harry
W. Bowman*
</TABLE>
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* Previously filed.
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EXHIBIT 99.(A)11
GEORGESON
& COMPANY INC.
-------------
From: Greenmarine Holdings LLC For Release: Immediately
Contact: Charles Garske
Georgeson & Company, Inc.
(212)440-9916
GREENMARINE ACQUISITION CORP. HAS ACCEPTED ALL
VALIDLY TENDERED SHARES OF OUTBOARD MARINE
----------------------------------------------
(New York, NY, September 12, 1997) Greenmarine Acquisition Corp., a
wholly-owned subsidiary of Greenmarine Holdings LLC, today announced that it
has accepted all validly tendered shares of common stock of Outboard Marine
Corporation (NYSE: OM) at $18.00 net per share in accordance with the terms of
its offer. The offer expired at 5:00 p.m., New York City time, on Thursday,
September 11, 1997. Greenmarine Acquisition Corp. said that 16,502,801 shares
of Outboard Marine common stock had been validly tendered and not withdrawn as
of the close of business on September 11, 1997, which when added to the
2,000,000 shares beneficially owned by an affiliate of Greenmarine Holdings,
represent approximately 91% of all outstanding shares based on information
supplied by Outboard Marine. As soon as is practicable, Greenmarine
Acquisition Corp. stated that it intends to consummate a short-form merger
under Delaware law pursuant to which each share of Outboard Marine not already
tendered (besides those owned by affiliates of Greenmarine Holdings and those
shares owned by stockholders who perfect their appraisal rights) will convert
into the right to receive $18 in cash. Further details are available in the
tender offer documents on file with the Securities and Exchange Commission.
* * *
