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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Bell Sports Corp.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
077903
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(CUSIP Number)
Check the following box if a fee is being paid with the statement /_/. (A
fee is not required only if the filing 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.)
SEC 1745 (2/95)
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* 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 (the "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 1 of 6 Pages
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CUSIP No. 077903 SCHEDULE 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CB Capital Investors, Inc.
13-335-5394
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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
Delaware
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5 SOLE VOTING POWER
2,281,080
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY Not applicable.
OWNED BY ------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 2,281,080
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8 SHARED DISPOSITIVE POWER
Not applicable.
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,281,080
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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)
16.7%
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12 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 6 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903
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Item 1.
(a) Name of Issuer:
Bell Sports Corp.
(b) Address of Issuer's Principal Executive Offices:
10601 N. Hayden Road
Suite I-100
Scottsdale, Arizona 85260
Item 2.
(a) Name of Person Filing:
CB Capital Investors, Inc.
Supplemental information relating to the ownership and control
of the person filing this statement is included in Exhibit
2(a) attached hereto.
(b) Address of Principal Business Office or, if none, Residence:
270 Park Avenue, 5th Floor
New York, New York 10017
(c) Citizenship:
Delaware
(d) Title of Class of Securities (of Issuer):
Common Stock
(e) CUSIP Number:
077903
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b),
check whether the person filing is a:
Not applicable.
Page 3 of 6 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903
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Item 4. Ownership
(a) Amount Beneficially Owned:
2,281,080 (as of December 31, 1996)
(b) Percent of Class:
16.7% (as of December 31, 1996)
(c) Number of shares as to which such person has:
(i) 2,281,000
(ii) Not applicable.
(iii) 2,281,000
(iv) Not applicable.
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
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.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable.
Page 4 of 6 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903
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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 12, 1997 CB CAPITAL INVESTORS, INC.
By: /s/ Jeffrey C. Walker
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Name: Jeffrey C. Walker
Title: Chief Executive Officer
Page 5 of 6 Pages
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SCHEDULE 13G
Issuer: Bell Sports Corp. CUSIP Number: 077903
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EXHIBIT 2(a)
This statement is being filed by CB Capital Investors, Inc., a Delaware
corporation ("CBCI"), whose principal business office is located at 270 Park
Avenue, 5th Floor, New York, New York 10017. CBCI is a wholly owned subsidiary
of The Chase Manhattan Bank (f/k/a Chemical Bank, National Association),
a New York corporation, which is a wholly owned subsidiary of The Chase
Manhattan Corporation (f/k/a Chemical Banking Corporation), a Delaware
corporation, both of whose principal business offices are located at the
same address as CBCI.
Page 6 of 6 Pages
