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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-1
Tender Offer Statement
Pursuant to Section 14(d)(1)
of the Securities Exchange Act of 1934
(Amendment No. 3)
and
SCHEDULE 13D
Pursuant to Section 13(D)
of the Securities Exchange Act of 1934
(Amendment No. 3)
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AMBAR, INC.
(Name of Subject Company)
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AI ACQUISITIONS CORP.
AI PARTNERS L.P.
(Bidders)
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COMMON STOCK, PAR VALUE $.01 PER SHARE
(Title of Class of Securities)
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023162 10 0
(CUSIP Number of Class of Securities)
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AI PARTNERS L.P.
ATTENTION: ROBERT F. SEMMENS
375 PARK AVENUE, SUITE 1705
NEW YORK, NEW YORK 10152
(212) 339-9100
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications on Behalf of Bidders)
with a copy to:
MARK ZVONKOVIC, ESQ.
ANDREWS & KURTH L.L.P.
425 LEXINGTON AVENUE
NEW YORK, NEW YORK 10017
(212) 850-2800
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CUSIP No. 023162 10 0 14D-1 Page 2 of__ Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AI Acquisitions Corp.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCES OF FUNDS
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,789,567
- --------------------------------------------------------------------------------
8 CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CER-
TAIN SHARES / /
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
99.3%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
CO
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<PAGE> 3
CUSIP No. 023162 10 0 14D-1 Page 3 of__ Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AI Partners L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCES OF FUNDS
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,789,567
- --------------------------------------------------------------------------------
8 CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CER-
TAIN SHARES / /
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
99.3%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
PN
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CUSIP No. 023162 10 0 14D-1 Page 4 of__ Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
AI-GP, L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCES OF FUNDS
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,789,567
- --------------------------------------------------------------------------------
8 CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CER-
TAIN SHARES / /
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
99.3%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
OO
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CUSIP No. 023162 10 0 14D-1 Page 5 of__ Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ENERGY FUND GP, INC.
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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
- --------------------------------------------------------------------------------
4 SOURCES OF FUNDS
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,789,567
- --------------------------------------------------------------------------------
8 CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CER-
TAIN SHARES / /
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
99.3%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
CO
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CUSIP No. 023162 10 0 14D-1 Page 6 of __Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THE BEACON GROUP HOLDINGS, L.L.C.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCES OF FUNDS
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,789,567
- --------------------------------------------------------------------------------
8 CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CER-
TAIN SHARES / /
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
99.3%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
OO
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CUSIP No. 023162 10 0 14D-1 Page 7 of __Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
THE BEACON GROUP
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCES OF FUNDS
AF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(e) OR 2(f) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
3,789,567
- --------------------------------------------------------------------------------
8 CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CER-
TAIN SHARES / /
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
99.3%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
PN
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AI Acquisitions Corp., a Delaware corporation (the "Purchaser") and AI
Partners L.P., a Delaware limited partnership ("Parent") hereby amend their
joint Tender Offer Statement on Schedule 14D-1 dated July 9, 1996, as amended
by Amendment No. 1 dated August 1, 1996 and Amendment No. 2 dated August 5,
1996, relating to a tender offer by the Purchaser and Parent to purchase all
outstanding shares of Common Stock, par value $.01 per share (the "Shares"),
of AMBAR, Inc., a Delaware corporation, at $18.00 per Share, net to the seller
in cash (such Tender Offer Statement on Schedule 14D-1, as amended, the
"Schedule 14D-1"). This Amendment constitutes the amendment to the Schedule
14D-1 pursuant to Instruction D to Schedule 14D-1. All terms defined in the
Schedule 14D-1 have the same meanings in this Amendment.
The Offer expired at 12:00 midnight, New York City time, on Monday,
August 5, 1996. Following the expiration of the Offer, the Purchaser accepted
for payment all Shares validly tendered pursuant to the Offer. According to the
Depositary, prior to the expiration of the Offer, 3,789,567 Shares had been
tendered pursuant to the Offer (including Shares tendered pursuant to the
procedure for guaranteed delivery and Shares tendered pursuant to the
Stockholder Agreements), which constitute approximately 99.3% of all Shares
outstanding.
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
(a)-(b) The following paragraph is hereby inserted after the last
sentence:
"As of August 6, 1996, the Purchaser acquired pursuant to the Offer
(including Shares tendered pursuant to the procedure for guaranteed delivery
and Shares tendered by the Principal Stockholders described in Item 7 pursuant
to the terms of the Stockholder Agreements) beneficial ownership of 3,789,567
Shares in the aggregate, which constitute approximately 99.3% of the outstanding
Shares. A copy of the press release issued on August 6, 1996 with respect to
the foregoing is attached hereto as Exhibit (a)(11) and is incorporated herein
by reference."
ITEM 10. ADDITIONAL INFORMATION
(f) The following paragraph is hereby inserted after the last sentence:
"In addition, reference is hereby made to the disclosure set forth
under Item 6 above."
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS
Item 11 is hereby amended and supplemented by adding the following
exhibit.
(a)(11) Text of Press Release issued on August 6, 1996.
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SIGNATURE
After due 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 6, 1996
AI ACQUISITIONS CORP.
By: /s/ Robert F. Semmens
............................................
Name: Robert F. Semmens
Title: Managing Director
AI PARTNERS L.P.
By AI-GP L.L.C., general partner
By Energy Fund GP, Inc., member
By: /s/ Robert F. Semmens
............................................
Name: Robert F. Semmens
Title: Managing Director
AI-GP, L.L.C.
By Energy Fund GP, Inc., member
By: /s/ Robert F. Semmens
............................................
Name: Robert F. Semmens
Title: Managing Director
ENERGY FUND GP, INC.
By: /s/ Robert F. Semmens
............................................
Name: Robert F. Semmens
Title: Managing Director
THE BEACON GROUP HOLDINGS, L.L.C.
By The Beacon Group, member
By: /s/ Robert F. Semmens
............................................
Name: Robert F. Semmens
Title: Partner
THE BEACON GROUP
By: /s/ Robert F. Semmens
............................................
Name: Robert F. Semmens
Title: Partner
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\ EXHIBIT INDEX
Exhibit Exhibit Name
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(a)(1)* Offer to Purchase, dated July 9, 1996.
(a)(2)* Letter of Transmittal.
(a)(3)* Notice of Guaranteed Delivery.
(a)(4)* Letter from Georgeson & Company, Inc. to Brokers, Dealers, Commercial
Banks, Trust Companies and Other Nominees, dated July 9, 1996.
(a)(5)* Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust
Companies and Other Nominees.
(a)(6)* IRS Guidelines for Certification of Taxpayer Identification Number on
Substitute Form W-9.
(a)(7)* Summary Advertisement, dated July 9, 1996.
(a)(8)* Text of Press Release issued on July 2, 1996.
(a)(9)* Text of Press Release issued on July 9, 1996.
(a)(10)* Form of Notice to Holders of Stock Options.
(a)(11) Text of Press Release issued on August 6, 1996
(c)(1)* Agreement and Plan of Merger, dated July 1, 1996 among AMBAR, Inc.,
AI Partners L.P. and AI Acquisitions Corp.
(c)(2)* Stockholder Agreement, dated as of July 1, 1996, between AI Partners
L.P. and Randolph M. Moity, Sr.
(c)(3)* Stockholder Agreement, dated as of July 1, 1996, between AI Partners
L.P. and Kenneth J. Boutte.
(c)(4)* Employment Agreement, dated July 1, 1996, between AMBAR, Inc. and
Randolph M. Moity, Sr.
(c)(5)* Confidentiality Agreement, dated April 23, 1996.
(d) Not applicable.
(e) Not applicable.
(f) Not applicable.
___________________________
*Previously filed.
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Exhibit (a)(11)
FOR IMMEDIATE RELEASE Contact: Faith Rosenfeld
(212) 339-9100
THE BEACON GROUP ANNOUNCES THE SUCCESSFUL COMPLETION OF ITS
TENDER OFFER FOR AMBAR, INC.
NEW YORK, NEW YORK, AUGUST 6, 1996 -- The Beacon Group ("Beacon") announced
today the successful completion of the tender offer by AI Acquisitions Corp.
("Acquisitions"), an affiliate of Beacon, for all outstanding shares of common
stock of AMBAR, Inc. ("AMBAR") at a price of $18.00 per share. The offer
expired at 12:00 midnight, New York time, on August 5, 1996.
Beacon said approximately 3,789,567 shares, representing approximately 99.3% of
the outstanding shares of AMBAR, were tendered and accepted for purchase
pursuant to the offer.
Holders of AMBAR common stock who did not tender pursuant to the offer will be
entitled to $18.00 per share following the completion of the merger of AMBAR
with Acquisitions. Acquisitions will consummate the merger promptly.
AMBAR designs, blends and markets certain fluids and chemicals, and provides
environmental services, primarily along the Louisiana and Texas Gulf Coast.
The Beacon Group, a private investment firm in New York, manages The Beacon
Group Energy Investment Fund, L.P., a $658 million equity limited partnership
focused on strategic investments in the energy industry, and provides strategic
advisory services to public and private companies.
-end-
