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SECURITIES UNITED STATES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)*
Telemundo Group, Inc.
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(Name of Issuer)
Series A Common Stock, $0.01 Par 87943M306
Value
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(Title of Class of Securities) (CUSIP Number)
Dennis J. Block, Esq.
Weil, Gotshal & Manges
767 Fifth Avenue
New York, N.Y. 10153
(212) 310-8000
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
December 19, 1995
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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 [_].
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.)
Note: Six copies of this statement, including exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies
are to be sent.
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 disclosures provided in a prior cover page.
The information required on 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).
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CUSIP No. 87943M306 13D
1 NAME OF REPORTING PERSON: Nugget Partners, L.P.
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON:
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_]
(b) [_]
3 SEC USE ONLY
4 SOURCE OF FUNDS:*
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS [_]
REQUIRED PURSUANT TO ITEM 2(D) OR 2(E):
6 CITIZENSHIP OR PLACE OF New Jersey
ORGANIZATION:
NUMBER OF 7 SOLE VOTING POWER: 10,000 shares (See
SHARES response to Item 5)
BENEFICIALLY 8 SHARED VOTING POWER: None (See response to
OWNED BY Item 5)
EACH 9 SOLE DISPOSITIVE POWER: 10,000 shares (See
REPORTING response to Item 5)
PERSON WITH 10 SHARED DISPOSITIVE None (See response to
POWER: Item 5)
11 AGGREGATE AMOUNT BENEFICIALLY 10,000 shares
OWNED BY REPORTING PERSON:
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) [_]
EXCLUDES CERTAIN SHARES:
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.2%
14 TYPE OF REPORTING PERSON:* PN
* SEE INSTRUCTIONS BEFORE FILLING OUT!
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This statement amends and supplements the initial statement
on Schedule 13D filed with the Securities and Exchange Commission (the
"Commission") on February 24, 1995 (as amended by Amendment No. 1
thereto, which was filed with the Commission on March 17, 1995,
Amendment No. 2 thereto, which was filed with the Commission on
August 18, 1995 and Amendment No. 3 thereto, which was filed with the
Commission on September 19, 1995), by Nugget Partners, L.P., a New
Jersey limited partnership whose sole general partner is Arthur M.
Goldberg ("Nugget"), with respect to its ownership of Series A Common
Stock, par value $0.01 per share (the "Series A Stock"), of Telemundo
Group, Inc., a Delaware corporation (the "Issuer").
Item 5. Interest in Securities of the Issuer.
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Item 5 is hereby amended and supplemented by the addition of
the following information:
(a) Items 7 through 11 and 13 of the cover pages of this
Amendment No. 4 to Schedule 13D (the "Amendment"), which relate to the
beneficial ownership of Series A Stock of the Issuer by Nugget are
hereby incorporated by reference in this response.
As of December 19, 1995, Nugget directly owned 10,000 shares
of Series A Stock, constituting approximately 0.2% of the outstanding
shares of Series A Stock. Such percentage is based upon 5,823,407
shares of Series A Stock outstanding at September 30, 1995 as set
forth in the Issuer's Quarterly Report on Form 10-Q for the quarterly
period ended September 30, 1995, as filed with the Commission. As a
result of Mr. Goldberg being the sole general partner of Nugget, Mr.
Goldberg may be deemed the beneficial owner (as defined in Rule 13d-3
promulgated by the Commission under the Securities Exchange Act of
1934, as amended) of the shares of Series A Stock directly owned by
Nugget. Accordingly, Mr. Goldberg may be deemed to be the beneficial
owner of 10,000 shares of Series A Stock, constituting approximately
0.2% of the outstanding shares of Series A Stock based upon 5,823,407
shares of Series A Stock outstanding at September 30, 1995.
(b) Items 7 through 10 of the cover pages of this
Amendment, which relate to Nugget's voting and dispositive power with
respect to the shares of Series A Stock which it directly beneficially
owns, are hereby incorporated by reference in this response.
(c) During the past 60 days, Nugget has effected only one
transaction in the Series A Stock. On December 19, 1995, Nugget sold
540,030 shares of Series A Stock which it directly beneficially owned
at a price of $15 per share, including brokerage fees and commissions,
in a regular way transaction on The Nasdaq Stock Market.
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Neither Nugget nor Mr. Goldberg has effected any other
transaction in the Series A Stock during the past 60 days.
(d) Not applicable.
(e) On December 19, 1995, the date on which Nugget sold
540,030 shares of Series A Stock which it directly beneficially owned,
Nugget ceased to be the beneficial owner of more than five percent of
the Series A Stock.
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SIGNATURE
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After reasonable inquiry and to the best of its knowledge
and belief, the undersigned certifies that the information set forth
in this statement is true, complete and correct.
Dated: December 20, 1995
NUGGET PARTNERS, L.P.
By: /s/Arthur M. Goldberg
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Arthur M. Goldberg
General Partner
NYFS05...:\40\18840\0005\2042\SCH9185R.32A
