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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13D
(Rule 13d-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5; Final)
WLR FOODS, INC.
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(Name of Issuer)
COMMON STOCK, NO PAR VALUE PER SHARE
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(Title of Class of Securities)
929286 10 2
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(CUSIP Number)
CUDDY FARMS, INC.
732 W. MARSHVILLE BLVD.
MARSHVILLE, NC 28103
ATTN: ROBERT B. CLARK
(704) 624-5055
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
MARCH 31, 1997
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following
box [ ].
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
(Continued on following pages.)
(Page 1 of 7 Pages)
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CUSIP No. 929286 10 2 SCHEDULE 13D Page 2 of 7 Pages
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(1) Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
CUDDY FARMS, INC.
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(2) Check the Appropriate Box if a Member of a Group* (a) [ X ]
(b) [ ]
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(3) SEC Use Only
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(4) SOURCE OF FUNDS*
OO
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(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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(6) Citizenship or Place of Organization
NORTH CAROLINA, UNITED STATES OF AMERICA
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(7) Sole Voting Power
Number of 0
Shares --------------------------------------------------------
Beneficially (8) Shared Voting Power
Owned by 443,759
Each --------------------------------------------------------
Reporting (9) Sole Dispositive Power
Person With 0
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(10) Shared Dispositive Power
443,759
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(11) Aggregate Amount Beneficially Owned by Each Reporting Person
443,759
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(12) Check Box if Aggregate Amount in Row (11) Excludes Certain
Shares* [ ]
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(13) Percent of Class Represented by Amount in Row (11)
2.7%
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(14) Type of Reporting Person*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 929286 10 2 SCHEDULE 13D Page 3 of 7 Pages
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(1) Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
A.M. CUDDY
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(2) Check the Appropriate Box if a Member of a Group* (a) [ X ]
(b) [ ]
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(3) SEC Use Only
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(4) SOURCE OF FUNDS*
AF
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(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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(6) Citizenship or Place of Organization
CANADA
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(7) Sole Voting Power
Number of 0
Shares --------------------------------------------------------
Beneficially (8) Shared Voting Power
Owned by 443,760
Each --------------------------------------------------------
Reporting (9) Sole Dispositive Power
Person With 0
--------------------------------------------------------
(10) Shared Dispositive Power
443,760
--------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
443,760
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(12) Check Box if Aggregate Amount in Row (11) Excludes Certain
Shares* [ ]
---------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
2.7%
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(14) Type of Reporting Person*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 929286 10 2 SCHEDULE 13D Page 4 of 7 Pages
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(1) Names of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
CUDDY INTERNATIONAL CORPORATION
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(2) Check the Appropriate Box if a Member of a Group* (a) [ X ]
(b) [ ]
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(3) SEC Use Only
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(4) SOURCE OF FUNDS*
AF
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(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
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(6) Citizenship or Place of Organization
ONTARIO, CANADA
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(7) Sole Voting Power
Number of 0
Shares --------------------------------------------------------
Beneficially (8) Shared Voting Power
Owned by 443,760
Each --------------------------------------------------------
Reporting (9) Sole Dispositive Power
Person With 0
--------------------------------------------------------
(10) Shared Dispositive Power
443,760
--------------------------------------------------------
(11) Aggregate Amount Beneficially Owned by Each Reporting Person
443,760
---------------------------------------------------------------------
(12) Check Box if Aggregate Amount in Row (11) Excludes Certain
Shares* [ ]
---------------------------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11)
2.7%
---------------------------------------------------------------------
(14) Type of Reporting Person*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE> 5
AMENDMENT NO. 5 TO SCHEDULE 13D
This statement amends the Schedule 13D, dated July 27, 1994, as amended
by Amendment No. 1 to Schedule 13D, dated August 9, 1994, Amendment No. 2 to
Schedule 13D, dated August 29, 1994, Amendment No. 3 to Schedule 13D, dated
October 26, 1994, and Amendment No. 4 to Schedule 13D, dated January 17, 1997
(as amended, the "Schedule 13D"), filed by Cuddy Farms, Inc., A.M. Cuddy and
Cuddy International Corporation, with respect to the Common Stock, no par value
per share, of WLR Foods, Inc. Except as expressly provided in this Amendment No.
5, the Schedule 13D speaks as of its date. Capitalized terms used without
definition herein shall have the meanings ascribed to them in the Schedule 13D.
I. The last paragraph of Item 4 of the Schedule 13D ("PURPOSE OF
TRANSACTION") is hereby amended and restated in its entirety as follows:
"Except as set forth above, as of the date hereof, the
Reporting Persons have no plan or proposals which relate to or would
result in any of the transactions described in subparagraphs (a)
through (j) of Item 4 of Schedule 13D."
II. Item 5 of the Schedule 13D ("INTEREST IN SECURITIES OF THE
COMPANY") is hereby amended and restated in its entirety as follows:
ITEM 5. INTEREST IN SECURITIES OF THE COMPANY.
(a) On August 29, 1994, the closing of the transactions
contemplated by the Asset Purchase Agreement occurred, and 1,774,999
Shares (1,183,333 Shares adjusted for a 3 for 2 stock split effective
on May 12, 1995) were issued by the Company to the Voting Trustee for
the benefit of Cuddy under the Voting Trust Agreement. An additional
165,000 Shares could have been issued for the benefit of Cuddy under
the Asset Purchase Agreement in connection with certain post-closing
adjustments. On October 26, 1994, Cuddy, Cuddy International, the
Company and Wampler-Longacre reached agreement on the post-closing
adjustments and, as a result, the additional 165,000 Shares will not be
issued and the cash portion of the purchase price was reduced by
approximately $6.3 million. On January 17, 1997, the first (out of
three) closings of the transactions contemplated by the Stock
Repurchase Agreement occurred, and Cuddy sold to the Company (and the
Voting Trustee transferred to the Company) 887,499 Shares at a price of
$10.00 in cash per Share. On March 31, 1997, the second (out of three)
closings of the transactions contemplated by the Stock Repurchase
Agreement occurred, and Cuddy sold to the Company (and the Voting
Trustee transferred to the Company) 443,750 Shares at a price of $10.00
in cash per Share. The Reporting Persons currently beneficially own the
following numbers of Shares (adjusted for a 3 for 2 stock split
effective on May 12, 1995): Cuddy - 443,759 Shares; Cuddy International
- 443,760 Shares; and A.M. Cuddy - 443,760 Shares, representing
approximately 2.7% of the issued and outstanding Shares of the Company.
Each of the Reporting Persons shares the power to vote and to dispose
of the Shares beneficially owned by him or it with the Company pursuant
to the Voting Trust Agreement.
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Except as set forth in this Item 5(a), none of the Reporting
Persons, Limited, Holdings nor, to the best of the knowledge of any of
the Reporting Persons, any of the persons listed in Schedule I hereto,
beneficially owns any Shares.
(b) Except as set forth in Item 5(a) hereof, none of the
Reporting Persons, Limited, Holdings nor, to the best of the knowledge
of any of the Reporting Persons, any of the persons listed in Schedule
I hereto, currently has sole or shared power to vote, to direct the
vote, to dispose or direct the disposition of any Shares.
(c) Except as set forth in Item 5(a) hereof, there have been
no transactions in Shares that were effected during the past 60 days by
the Reporting Persons, Limited, Holdings nor, to the best of the
knowledge of any of the Reporting Persons, any of the persons listed in
Schedule I hereto.
(d) Not applicable.
(e) The Reporting Persons ceased to be the beneficial owner of
more than five percent of the issued and outstanding Shares of the
Company on March 31, 1997. Accordingly, the Reporting Persons no longer
have a reporting obligation under Section 13(d) of the Exchange Act,
and the Reporting Persons intend not to further amend their report on
Schedule 13D to reflect changes in the facts set forth herein which may
occur after the date hereof.
[Signatures appear on following page]
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SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: April 7, 1997
CUDDY FARMS, INC.
By: /s/ Peter N.T. Widdrington
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Name: Peter N.T. Widdrington
Title: Chairman of the Board
CUDDY INTERNATIONAL CORPORATION
By: /s/ A.M. Cuddy
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Name: A.M. Cuddy
Title: Chairman of the Board
/s/ A.M. Cuddy
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A.M. Cuddy
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