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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1 )*
Information Advantage, Inc.
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(Name of Issuer)
Common
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(Title of Class of Securities)
45669P101
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(CUSIP Number)
* 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 the disclosures provided in a prior cover page.
The information required in 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).
(Continued on following page(s))
Page 1 of 5 Pages
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CUSIP No. 45669P101 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSONS. S.S. or I.R.S IDENTIFICATION NO. OF ABOVE
PERSONS
The St. Paul Companies, Inc.
385 Washington Street
St. Paul, MN 55102 IRS# 41-0518860
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) ( )
(b) ( )
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Minnesota Corporation
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5 SOLE VOTING POWER
None
NUMBER OF --------------------------------------------------------
6 SHARED VOTING POWER
SHARES The St. Paul Companies, Inc., through its
wholly-owned subsidiary, St. Paul Fire and
BENEFICIALLY Marine Insurance Company (F&M), and through
F&M's 99% ownership of St. Paul Venture Capital
OWNED BY EACH IV, LLC (SPVC IV), beneficially owns 2,472,519
shares of common stock by virtue of F&M's
REPORTING ownership of 2,163,129 shares of common stock
and SPVC IV's ownership of 301,788 shares of
PERSON WITH common stock and 7,602 shares of common stock
issuable upon exercise of outstanding warrants,
which are convertible within 60 days.
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7 SOLE DISPOSITIVE POWER
None
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8 SHARED DISPOSITIVE POWER
2,472,519 shares (see remark in Item 6))
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,472,519 shares (see remark in Item 6)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.0%
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12 TYPE OF REPORTING PERSON*
HC
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Page 3 of 5 Pages
ITEM 1 (A). NAME OF ISSUER:
Information Advantage, Inc.
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ITEM 1 (B). ADDRESS OF ISSUER'S PRINCIPAL OFFICES:
7905 Golden Triangle Drive
Suite 190
Eden Prairie, MN 55344-7227
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ITEM 2 (A). NAME OF PERSON FILING:
The St. Paul Companies, Inc. (see Exhibit A)
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ITEM 2 (B). ADDRESS OF PRINCIPAL BUSINESS OFFICE:
385 Washington Street
St. Paul, MN 55102
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ITEM 2 (C). CITIZENSHIP:
Minnesota corporation
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ITEM 2 (D). TITLE OF CLASS OF SECURITIES:
Common
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ITEM 2 (E). CUSIP NUMBER:
45669P101
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS A:
(a) / / Broker or Dealer registered under Section 15 of the Act
(b) / / Bank as defined in section 3(a)(6) of the Act
(c) / / Insurance Company as define in section 3(a)(19) of the Act
(d) / / Investment Company registered under section 8 of the Investment Company
Act
(e) / / Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) / / Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee Retirement Income Security Act of 1974 or Endowment
Fund; see Rule 13d-1(b)(1)(ii)(F)
(g) /x/ Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G) (Note:
See Item 7)
(h) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H)
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Page 4 of 5 Pages
ITEM 4. OWNERSHIP
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(a) Amount Beneficially Owned: The St. Paul Companies, Inc., through its
wholly-owned subsidiary, St. Paul Fire and Marine Insurance Company
(F&M), and through F&M's 99% ownership of St. Paul Venture Capital IV,
LLC (SPVC IV), beneficially owns 2,472,519 shares of common stock by
virtue of F&M's ownership of 2,163,129 shares of common stock and SPVC
IV's ownership of 301,788 shares of common stock and 7,602 shares of
common stock issuable upon exercise of outstanding warrants, which are
convertible within 60 days.
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(b) Percent of Class: The shares reported in Item 4(a), above, constitute
10.0% of the outstanding common shares of the Issuer.
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(c) Number of shares as to which such person has:
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(i) Sole power to vote or direct the vote: none
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(ii) Shared power to vote or direct the vote: 2,472,519 (see remark
in Item 4(a) above)
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(iii) Sole power to dispose or direct the disposition: none
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(iv) Shared power to dispose or direct the disposition: 2,472,519
(see remark in Item 4(a) above
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ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner
of more than five person of the class of securities, check the
following. / /
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ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not
Applicable
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ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY PARENT HOLDING COMPANY:
St. Paul Fire and Marine Insurance Company is an Insurance Company
under Reg. 240.13d-1(b)(1)(ii)(C)
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ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:
Not Applicable
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ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
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ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do
not have the effect of changing or influencing the control of the
issuer of such securities and were not acquired in connection with or
as a participant in any transaction having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Statement is true,
complete and correct.
Date: February 8, 1999
/Bruce A. Backberg/
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Bruce A. Backberg
Senior Vice President and Chief Legal Counsel
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
EXHIBIT A - DISCLAIMER
Information on the attached Schedule 13G is provided solely for the purpose of
complying with Section 13(d) and 13(g) of the Securities Exchange Act of 1934
and Regulation promulgated under authority thereof and is not intended as an
admission that The St. Paul Companies, Inc. or any of its subsidiaries, is a
beneficial owner of the securities described herein for any other purpose.
