UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Greyhound Lines, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
398048108
(CUSIP Number)
John N. Alexander
Chief Operating Officer
Connor, Clark & Company Ltd.
Scotia Plaza, 40 King Street
Suite 5110, Box 125
Toronto, Ontario M5H 3Y2
(416) 360-0006
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
July 26, 1994
(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 /X/.
Check the following box if a fee is being paid with the statement /X/. (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 all 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 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.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Connor Clark & Company Ltd.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
OO,WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY OWNED 25,000
BY EACH REPORTING 8 SHARED VOTING POWER
PERSON WITH 2,170,700
9 SOLE DISPOSITIVE POWER
25,000
10 SHARED DISPOSITIVE POWER
2,657,400
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,682,400
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.31%
14 TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tuckahoe Associates Limited Partnership
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY OWNED 89,400
BY EACH REPORTING 8 SHARED VOTING POWER
PERSON WITH 0
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
89,000
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
89,400
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.61%
14 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tuckahoe Alliance Limited Partnership
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY OWNED 59,300
BY EACH REPORTING 8 SHARED VOTING POWER
PERSON WITH 0
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
59,300
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
59,300
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.40%
14 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merchant Private Trust Company
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY OWNED 13,200
BY EACH REPORTING 8 SHARED VOTING POWER
PERSON WITH 0
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
13,200
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,200
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.09%
14 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tuckahoe Global Limited Partnership
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY OWNED 8,700
BY EACH REPORTING 8 SHARED VOTING POWER
PERSON WITH 0
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
8,700
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,700
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.06%
14 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tuckahoe Maritime Limited Partnership
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY OWNED 74,200
BY EACH REPORTING 8 SHARED VOTING POWER
PERSON WITH 0
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
74,200
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
74,200
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.51%
14 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tuckahoe World Limited Partnership
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY OWNED 14,600
BY EACH REPORTING 8 SHARED VOTING POWER
PERSON WITH 0
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
14,600
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,600
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.10%
14 TYPE OF REPORTING PERSON*
PN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merchant Private Limited
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER See Item 5.
BENEFICIALLY OWNED 25,300 - Direct
BY EACH REPORTING 259,400 - Indirect
PERSON WITH 284,700 - Total
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER See Item 5.
25,300 - Direct
259,400 - Indirect
284,700 - Total
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
284,700 See Item 5.
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.94%
14 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John C. Clark
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER See Item 5.
BENEFICIALLY OWNED 25,300 - Direct
BY EACH REPORTING 259,400 - Indirect
PERSON WITH 284,700 - Total
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER See Item 5.
25,300 - Direct
259,400 - Indirect
284,700 - Total
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
284,700 See Item 5.
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.94%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Technifund Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY OWNED 202,000
BY EACH REPORTING 8 SHARED VOTING POWER
PERSON WITH 0
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
202,000
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
202,000
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.38%
14 TYPE OF REPORTING PERSON*
CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
CUSIP No. 398048108
SCHEDULE 13 D
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Herbert Abramson
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS*
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
/ /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF SHARES 7 SOLE VOTING POWER See Item 5.
BENEFICIALLY OWNED 202,000 - Indirect
BY EACH REPORTING 8 SHARED VOTING POWER
PERSON WITH 0
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
202,000 - Indirect
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
202,000 - Indirect
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.38%
14 TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
SCHEDULE 13 D
Item 1. Security and Issuer.
This Statement relates to shares of Common Stock (the "Shares") of
Greyhound Lines, Inc. (the "Issuer"), whose principal executive offices
are located at 15110 N. Dallas Parkway, Suite 600, Dallas, Texas 75248.
Item 2. Identity and Background.
(a)-(c) and (f). This Statement is filed by Connor, Clark &
Company Ltd., an Ontario, Canada corporation ("Connor Clark"), Tuckahoe
Associates Limited Partnership, an Ontario, Canada limited partnership,
("Tuckahoe Associates"), Tuckahoe Alliance Limited Partnership, an
Ontario, Canada limited partnership, ("Tuckahoe Alliance"), Merchant
Private Trust Company, an Ontario, Canada corporation, ("Merchant Trust"),
Tuckahoe Global Limited Partnership, an Ontario, Canada limited
partnership, ("Tuckahoe Global"), Tuckahoe Maritime Limited Partnership,
an Ontario, Canada limited partnership, ("Tuckahoe Maritime"), Tuckahoe
World Limited Partnership, an Ontario, Canada limited partnership,
("Tuckahoe World"), Merchant Private Ltd., an Ontario, Canada corporation
("Merchant Private"), John C. Clark, Technifund Inc., an Ontario, Canada
corporation ("Technifund"), and Herbert Abramson, which persons may be
deemed to constitute a "group" pursuant to Rule 13d-5 under the Securities
Exchange Act of 1934. Each of the foregoing persons are hereinafter
referred to as a "Reporting Person" and, collectively, as the "Reporting
Group."
Connor, Clark has its principal business address at Scotia
Plaza, 40 King Street, Suite 5110, Box 125, Toronto, Ontario M5H 3Y2.
Connor, Clark, an investment advisor registered under the Investment
Advisors Act of 1940, is engaged in the business of providing
discretionary investment management services, and in connection therewith
holds securities (including the Shares) in securities accounts on behalf
of many clients (the "Clients"), which include, among others, individual
private investors, pension funds, foundations and investment partnerships
and corporations. Connor, Clark is a closely held corporation whose
voting stock is owned by 54 employees of the firm and two affiliates of
certain employees.
Tuckahoe Associates, Tuckahoe Alliance, Tuckahoe Global,
Tuckahoe Maritime and Tuckahoe World (collectively, the "Tuckahoe
Partnerships") and Merchant Trust have their principal business addresses
at Scotia Plaza, 40 King Street, Suite 4714, Box 125, Toronto, Ontario M5H
3Y2. The business and purpose of the Tuckahoe Partnerships are to invest
directly or indirectly in investment securities. Merchant Trust is a
trust company which provides various fiduciary trust services. The
general partner of the Tuckahoe Partnerships and the controlling
stockholder of Merchant Trust is Merchant Private, which has it principal
business address at Scotia Plaza, 40 King Street, Suite 4714, Box 125,
Toronto, Ontario M5H 3Y2 . Merchant Private is a publicly traded
corporation which is principally engaged directly or indirectly in
investing in investment securities. John C. Clark owns a majority of the
voting stock of Merchant Private. Technifund, which maintains it address
at c/o Herbert Abramson, Scotia Plaza, 40 King Street, Suite 5110, Box
125, Toronto, Ontario M5H 3Y2, is a personal holding company wholly owned
by Herbert Abramson.
Set forth below are the names and present principal occupation
employment of each director and executive officer of Connor, Clark and
Merchant Private, John C. Clark and Herbert Abramson. Unless otherwise
indicated, the current business address of each person is Scotia Plaza, 40
King Street, Suite 5110, Box 125, Toronto, Ontario M5H 3Y2. Unless
otherwise indicated, each person listed below is a citizen of Canada.
<PAGE>
SCHEDULE 13 D
Name Present Principal Occupation or Employment
Gerald R. Connor Director and President of Connor,
Clark.
John C. Clark Chairman of the Board of Directors of
Connor, Clark. Chairman of the Board
of Directors and Chief Executive
Officer of Merchant Private.
Herbert Abramson Director and Vice President of
Connor, Clark.
David G. Dorion Director and Vice President of
Connor, Clark.
John N. Alexander Director and Chief Operating Officer
of Connor, Clark.
Gerald P. Reid Director and Vice President of
Connor, Clark.
Robin A. Randall Director, Vice President and
Marketing Manager of Connor, Clark.
Bryan Rakusin Director and Vice President of
Connor, Clark.
Donald H. Carlisle Director and Vice President of
Connor, Clark.
K. James Harrison Director and Vice President of
Connor, Clark. Director of Merchant
Private.
J. Cameron MacDonald Director, Vice President and Sales
Manager of Connor, Clark.
Geoffrey K. McCord Chief Financial Officer of Connor,
Clark.
J. Murray Armitage Director of Merchant Private.
President of Bedford Capital
Corporation. Mr. Armitage's business
address is 40 King St. W., Scotia
Plaza, Suite 4712,
Toronto, Ontario M5H 3Y2.
Robert W. Blakely Director of Merchant Private.
President
Likrilyn Investments Limited. Mr.
Blakely's business address is 100
King Street West 1 First Canadian
Place,
Suite 710, Box 196, Toronto, Ontario,
M5X 1A6.
Director, President, Chief Financial
Mark Damelin Officer and Chief Operating Officer
of Merchant Private. Mr. Damelin's
business address is 40 King St. W.,
Scotia Plaza, Suite 4714, Toronto,
Ontario M5H 3Y2.
Robert P. Dexter Director of Merchant Private.
Partner, Stewart McKelvey Stirling
Scales. Mr. Dexter's business
address is P.O. Box 997, 8th Floor,
1959 Upper Water Street, Halifax,
Nova Scotia B3J 2X2.
William R. Ferguson Director of Merchant Private.
President of Eric T. Webster
Foundation. Mr. Ferguson's business
address is 1 Holiday Road, Suite 340,
West Tower Pointe Claire, Quebec H9R
5N3.
Walter Morris Director of Merchant Private.
President of Berenson Inc. Mr.
Morris' business address is 5255
Steeles Avenue West, Weston, Ontario
M9L 2W2.
E. Duff Scott Director of Merchant Private.
President of Multibanc Financial
Corp. Mr. Scott's business address
is
70 University Avenue, Suite 400,
Toronto, Ontario
M5J 2M4.
Michael D. Smith Director of Merchant Private.
President of Metaris Inc. Mr.
Smith's business address is 1170
Sheppard Avenue West, Unit #25,
Downsview, Ontario M3K 2A3.
Director of Merchant Private.
Donald R. Sobey Chairman of the Board of Directors of
Empire Company Limited. Mr. Sobey's
business address is 115 King Street,
Stellarton, Nova Scotia B0K 1S0.
Director of Merchant Private.
Richard S. Sutin Partner, Meighen Demers. Mr. Sutin's
business address is Merrill Lynch
Canada Tower, 200 King Street West,
Suite 1100,
Box 11, Toronto, Ontario M5H 3T4.
Director of Merchant Private.
Daniel C. Wyler Managing Director of Granaria Beheer
B.V. Mr. Wyler's business address is
P.O. Box 1226, 3000 BE Rotterdam, The
Netherlands. Mr. Wyler is a citizen
of The Netherlands.
Peter Chan Controller of Merchant Private. Mr.
Chan's business address is 40 King
St. W., Scotia Plaza, Suite 4714,
Toronto, Ontario M5H 3Y2.
The directors and executive officers of Connor, Clark and
Merchant Private are hereinafter referred to, collectively, as the
"Covered Persons."
(d) and (e). Neither any of the Reporting Persons nor, to their
knowledge, any of the Covered Persons, has during the last five years
(i) been convicted in a criminal proceeding (excluding traffic violations
or similar misdemeanors) or (ii) been a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result
of such proceeding was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting activities subject to,
federal or state securities laws or finding any violation of such laws.
Item 3. Source and Amount of Funds or Other Consideration.
The Reporting Group used in the aggregate approximately
$30,452,620 to purchase their Shares. Connor, Clark used approximately
$23,776,294 of funds obtained from the accounts of certain of its
Clients (excluding the Tuckahoe Partnerships, Merchant Trust, Merchant
Private and Technifund) to purchase the Shares for such Clients and
approximately $51,234 of available working capital to purchase the Shares
owned directly by the firm. Tuckahoe Associates, Tuckahoe Alliance,
Merchant Trust, Tuckahoe Global, Tuckahoe Maritime, Tuckahoe World,
Merchant Private and Technifund used approximately $1,092,736, $1,377,539,
$165,000, $106,897, $907,095, $179,064, $166,727 and $2,298,558 of
available working capital to purchase the Shares owned directly by the
firms.
Item 4. Purpose of Transaction.
This Statement is being filed pursuant to of Rule 13d-1(b)(3)
under the Securities Exchange Act of 1934, as amended (the "Act"), as a
result of a change of intentions with respect to the Reporting Group's
investment in the Shares. Connor, Clark had previously reported
beneficial ownership of the Shares on Schedule 13G under the Act which
schedule reported beneficial ownership of the Shares which included the
Shares held in the securities accounts of the Tuckahoe Partnerships,
Merchant Trust, Merchant Private and Technifund.
The Reporting Group currently intends to seek a change in the
current management of the Issuer (including a change in the Issuer's Chief
Executive Officer) and representation (in the form of as many as three
board seats) on the Issuer's board of directors. The Reporting Group
further intends, at the current time, to effect the foregoing through
discussions with members of the Issuer's current board of directors,
including the Chairman.
Except as specified above, the members of the Reporting Group
hold the Shares reported herein for investment purposes. Depending on
market conditions and other factors that each Reporting Person may deem
material to its investment decision, such Reporting Person may purchase
additional Shares in the open market or in private transactions.
Depending on these same factors, such Reporting Person may sell all or a
portion of the Shares it now owns or hereafter may acquire on the open
market or in private transactions.
Except as specified in this Item 4, the Reporting Group has no
present plans or proposals that relate to or that would result in any of
the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D
under the Act.
Item 5. Interest in Securities of the Issuer.
(a) and (b). The aggregate percentage of Shares reported owned
by the Reporting Group is based upon 14,652,524 Shares outstanding as
reported in the Issuer's Quarterly Report on Form 10-Q, for the fiscal
quarter ending March 31, 1994. As of the close of business on July 26,
1994, the Reporting Group owned in the aggregate 2,682,400 Shares,
constituting approximately 18.31% of the Shares outstanding.
Connor, Clark beneficially owns 2,682,400 Shares, has the sole
power to vote 25,000 Shares, the sole power to dispose of 25,000 Shares,
shares the power to vote 2,170,700 Shares and shares the power to dispose
of 2,657,400 Shares which represent, respectively, 18.31%, .17%, .17%,
14.81%, and 18.14% of the outstanding Shares.
Tuckahoe Associates beneficially owns 89,400 Shares, has the
sole power to vote 89,400 Shares, the sole power to dispose of 0 Shares,
shares the power to vote 0 Shares and shares the power to dispose of
89,400 Shares which represent, respectively, .61%, .61%, 0%, 0% and .61%
of the outstanding Shares.
Tuckahoe Alliance beneficially owns 59,300 Shares, has the sole
power to vote 59,300 Shares, the sole power to dispose of 0 Shares, shares
the power to vote 0 Shares and shares the power to dispose of 59,300
Shares which represent, respectively, .40%, .40%, 0%, 0% and .40% of the
outstanding Shares.
Merchant Trust beneficially owns 13,200 Shares, has the sole
power to vote 13,200 Shares, the sole power to dispose of 0 Shares, shares
the power to vote 0 Shares and shares the power to dispose of 13,200
Shares which represent, respectively, .09%, 09%, 0%, 0% and .09% of the
outstanding Shares.
Tuckahoe Global beneficially owns 8,700 Shares, has the sole
power to vote 8,700 Shares, the sole power to dispose of 0 Shares, shares
the power to vote 0 Shares and shares the power to dispose of 8,700 Shares
which represent, respectively, .06%, .06%, 0%, 0% and .06% of the
outstanding Shares.
Tuckahoe Maritime beneficially owns 74,200 Shares, has the sole
power to vote 74,200 Shares, the sole power to dispose of 0 Shares,
shares the power to vote 0 Shares and shares the power to dispose of
74,200 Shares which represent, respectively, .51%, .51,%, 0%, 0% and .51%
of the outstanding Shares.
Tuckahoe World beneficially owns 14,600 Shares, has the sole
power to vote 14,600 Shares, the sole power to dispose of 0 Shares,
shares the power to vote 0 Shares and shares the power to dispose of
14,600 Shares which represent, respectively, .10%, .10%, 0%, 0% and .10%
of the outstanding Shares.
Technifund beneficially owns 202,000 Shares, has the sole power
to vote 202,000 Shares, the sole power to dispose of 0 Shares, shares the
power to vote 0 Shares and shares the power to dispose of 202,000 Shares
which represent, respectively, 1.38%, 1.38%, 0%, 0% and 1.38% of the
outstanding Shares.
Merchant Private and John C. Clark are deemed to have beneficial
ownership of the Shares owned by the Tuckahoe Partnerships and Merchant
Trust. Herbert Abramsom is deemed to have beneficial ownership of the
Shares owned by Technifund. The power to vote or dispose of Shares
possessed by Merchant Private and John C. Clark on one hand, and Herbert
Abramson on the other hand, as a result of the foregoing deemed beneficial
ownership is indirectly derived, respectively, from such power possessed
directly by the Tuckahoe Partnerships and Merchant Trust on one hand, and
Technifund on the other hand. Merchant Private also directly beneficially
owns 25,300 Shares, has the sole power to vote 25,300 Shares, the sole
power to dispose of 0 Shares, shares the power to vote 0 Shares and shares
the power to dispose of 25,300 Shares which, when added to the 259,400
Shares indirectly beneficially owned, represent, respectively, 1.94%,
1.94%, 0%, 0% and 1.94% of the outstanding Shares.
Neither the Reporting Group nor any Covered Person directly or
indirectly owns or otherwise has sole or shared power to vote or dispose
of any Shares other than the Shares described above.
(c). On July 26, 1994, Connor, Clark purchased on the Chicago
Board Options Exchange 250 standardized call options whose 25,000
underlying Shares represent .17% of the outstanding Shares. The purchase
price of the options was $51,234 (net of brokerage commissions). Connor,
Clark effected the transaction through a brokerage firm.
(d). Connor, Clark does not have any economic or pecuniary
interest in the securities held on behalf of its Clients. The Clients are
the actual owners of the securities (including the Shares) held in their
respective accounts; and they have the sole right to receive and the sole
power to direct the receipt of dividends from, or the proceeds from the
sale of, such securities (including the Shares). No Client has an
interest in dividends or sale proceeds that relates to 5% or more of the
Shares.
(e). Not Applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with
respect to Securities of the Issuer.
Not applicable
Item 7. Material to be Filed as Exhibits.
1. Joint Filing Agreement and Power of Attorney, dated August
5, 1994.
<PAGE>
SIGNATURE
After reasonable 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: August 5, 1994
CONNOR CLARK & COMPANY LTD.
By: /s/ John N. Alexander
Name: John N. Alexander
Title: Chief Operating Officer
TUCKAHOE ASSOCIATES LIMITED PARTNERSHIP
By: Merchant Private Limited,
its general partner
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
TUCKAHOE ALLIANCE LIMITED PARTNERSHIP
By: Merchant Private Limited,
its general partner
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
MERCHANT PRIVATE TRUST COMPANY
By: /s/ Jonh C. Clark
Name: John C. Clark
Title: Chief Executive Officer
TUCKAHOE GLOBAL LIMITED PARTNERSHIP
By: Merchant Private Limited,
its general partner
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
TUCKAHOE MARITIME LIMITED PARTNERSHIP
By: Merchant Private Limited,
its general partner
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
TUCKAHOE WORLD LIMITED PARTNERSHIP
By: Merchant Private Limited,
its general partner
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
MERCHANT PRIVATE LIMITED
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
JOHN C. CLARK
/s/ John C. Clark
TECHNIFUND INC.
By: /s/ Herbert Abramson
Name: Herbert Abramson
Title: President
HERBERT ABRAMSON
/s/ Herbert Abramson
<PAGE>
EXHIBIT INDEX
Exhibit No. Description Page No.
1. Joint Filing Agreement and Power of Attorney,
dated August 5, 1994.
<PAGE>
EXHIBIT 1
<PAGE>
JOINT FILING AGREEMENT AND POWER OF ATTORNEY
1. Joint Filing. Each of the undersigned persons does hereby
agree to jointly file with the Securities and Exchange Commission a
Schedule 13D on behalf of each of them with respect to their beneficial
ownership of shares of Common Stock of Greyhound Lines, Inc.
2. Power of Attorney. Know all persons by these presents that
each person whose signature appears below constitutes and appoints John N.
Alexander and Gerald R. Connor, and each of them, as his true and lawful
attorneys-in-fact and agents with full power of substitution and
resubstitution, for such person and in such person's name, place and
stead, in any and all capacities, to sign any and all amendments to the
Schedule 13D filed on behalf of each of them with respect to their
beneficial ownership of Greyhound Lines, Inc., and to file the same, with
all exhibits thereto and all documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact
and agents, and each of them, full power and authority to do and perform
each and every act and thing requisite and necessary to be done in and
about the premises, as fully to all intents and purposes as such person
might or could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents or any of them, or such person or their
substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.
Dated: August 5, 1994
CONNOR CLARK & COMPANY LTD.
By: /s/ John N. Alexander
Name: John N. Alexander
Title: Chief Operating Officer
TUCKAHOE ASSOCIATES LIMITED PARTNERSHIP
By: Merchant Private Limited,
its general partner
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
TUCKAHOE ALLIANCE LIMITED PARTNERSHIP
By: Merchant Private Limited,
its general partner
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
MERCHANT PRIVATE TRUST COMPANY
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
TUCKAHOE GLOBAL LIMITED PARTNERSHIP
By: Merchant Private Limited,
its general partner
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
TUCKAHOE MARITIME LIMITED PARTNERSHIP
By: Merchant Private Limited,
its general partner
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
TUCKAHOE WORLD LIMITED PARTNERSHIP
By: Merchant Private Limited,
its general partner
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
MERCHANT PRIVATE LIMITED
By: /s/ John C. Clark
Name: John C. Clark
Title: Chief Executive Officer
JOHN C. CLARK
/s/ John C. Clark
TECHNIFUND INC.
By: /s/ Herbert Abramson
Name: Herbert Abramson
Title: President
HERBERT ABRAMSON
/s/ Herbert Abramson
