<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)(1)
THE STOP & SHOP COMPANIES, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
(Title of Class of Securities)
862099-10-8
(CUSIP Number)
(1)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).
<PAGE> 2
CUSIP No. 862099-10-8 13G PAGE 2 OF 9 PAGES
--------------------- ----- -----
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Persons
SSC ASSOCIATES, L.P.
---------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ X ]
---------------------------------------------------------------------
3. SEC Use Only
---------------------------------------------------------------------
4. Citizenship or Place of Organization
DELAWARE
---------------------------------------------------------------------
5. Sole Voting Power
Number of -0-
Shares --------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned By -0-
Each --------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With -0-
--------------------------------------------------------
8. Shared Dispositive Power
-0-
--------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
-0-
---------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
---------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
0%
---------------------------------------------------------------------
12. Type of Reporting Person
PN
---------------------------------------------------------------------
<PAGE> 3
CUSIP No. 862099-10-8 13G PAGE 3 OF 9 PAGES
--------------------- ----- -----
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Persons
SSC ASSOCIATES II, L.P.
---------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ X ]
---------------------------------------------------------------------
3. SEC Use Only
---------------------------------------------------------------------
4. Citizenship or Place of Organization
DELAWARE
---------------------------------------------------------------------
5. Sole Voting Power
Number of -0-
Shares --------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned By -0-
Each --------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With -0-
--------------------------------------------------------
8. Shared Dispositive Power
-0-
--------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
-0-
---------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
---------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
0%
---------------------------------------------------------------------
12. Type of Reporting Person
PN
---------------------------------------------------------------------
<PAGE> 4
CUSIP No. 862099-10-8 13G PAGE 4 OF 9 PAGES
--------------------- ----- -----
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Persons
KKR PARTNERS II, L.P.
---------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [ X ]
---------------------------------------------------------------------
3. SEC Use Only
---------------------------------------------------------------------
4. Citizenship or Place of Organization
DELAWARE
---------------------------------------------------------------------
5. Sole Voting Power
Number of -0-
Shares --------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned By -0-
Each --------------------------------------------------------
Reporting 7. Sole Dispositive Power
Person With -0-
--------------------------------------------------------
8. Shared Dispositive Power
-0-
--------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
-0-
---------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares [ ]
---------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
0%
---------------------------------------------------------------------
12. Type of Reporting Person
PN
---------------------------------------------------------------------
<PAGE> 5
ITEM 1.
(a) NAME OF ISSUER:
The Stop & Shop Companies, Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1385 Hancock Street
Quincy, Massachusetts 02169
ITEM 2.
(a) NAME OF PERSONS FILING:
SSC Associates, L.P.
SSC Associates II, L.P.
KKR Partners II, L.P.
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
c/o Kohlberg Kravis Roberts & Co.
9 West 57th Street
New York, New York 10019
(c) CITIZENSHIP:
SSC Associates, L.P. -- Delaware
SSC Associates II, L.P. -- Delaware
KKR Partners II, L.P. -- Delaware
(d) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share
(e) CUSIP NUMBER:
862099-10-8
ITEM 3. Not applicable
ITEM 4. OWNERSHIP
(a) AMOUNT BENEFICIALLY OWNED:
On July 22, 1996, SSC Associates, L.P., a Delaware
limited partnership, SSC Associates II, L.P., a
Delaware limited partnership, and KKR Partners II,
L.P., a Delaware limited partnership, disposed of all
of the shares of common stock of The Stop & Shop
Companies, Inc. previously owned by them.
Consequently, SSC Associates, L.P., SSC Associates
II, L.P., KKR Partners II, L.P. and KKR
Page 5 of 9 pages
<PAGE> 6
Associates, L.P., a New York limited partnership and
the sole general partner of each of SSC Associates,
L.P., SSC Associates II, L.P. and KKR Partners II,
L.P., no longer beneficially own any shares of common
stock of The Stop & Shop Companies, Inc.
(b) PERCENT OF CLASS:
-0-
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) Sole power to vote or direct the vote:
-0-
(ii) Shared power to vote or to direct the vote:
-0-
(iii) Sole power to dispose or to direct the disposition
of:
-0-
(iv) Shared power to dispose or to direct the
disposition of:
-0-
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 percent of the class of
securities, check the following [x].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
Page 6 of 9 pages
<PAGE> 7
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
ITEM 10. CERTIFICATION
Not applicable.
Page 7 of 9 pages
<PAGE> 8
SIGNATURES
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 13, 1997
SSC ASSOCIATES, L.P.
By: KKR ASSOCIATES, L.P.
Its: General Partner
By: /s/ Edward A. Gilhuly
----------------------------------
Name: Edward A. Gilhuly
Title: General Partner
SSC ASSOCIATES II, L.P.
By: KKR ASSOCIATES, L.P.
Its: General Partner
By: /s/ Edward A. Gilhuly
----------------------------------
Name: Edward A. Gilhuly
Title: General Partner
KKR PARTNERS II, L.P.
By: KKR ASSOCIATES, L.P.
Its: General Partner
By: /s/ Edward A. Gilhuly
----------------------------------
Name: Edward A. Gilhuly
Title: General Partner
Page 8 of 9 pages
<PAGE> 9
EXHIBITS
Exhibit 1 - Joint Filing Agreement (incorporated by reference to Exhibit 1 to
the Statements on Schedule 13G of SSC Associates, L.P., SSC
Associates II, L.P. and KKR Partners II, L.P. filed on February 14,
1992).
Page 9 of 9 pages
