HAYES LEMMERZ INTERNATIONAL INC
SC 13D/A, 2000-04-26
MOTOR VEHICLE PARTS & ACCESSORIES
Previous: NORTH AMERICAN GOVERNMENT BOND FUND INC, 497, 2000-04-26
Next: COMPUTER OUTSOURCING SERVICES INC, DEFR14A, 2000-04-26





                     SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, DC 20549


                                SCHEDULE 13D
                               (RULE 13d-101)

         INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
         13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)
                          (FINAL AMENDMENT NO. 1)


                     HAYES LEMMERZ INTERNATIONAL, INC.
                              (NAME OF ISSUER)

                        COMMON STOCK, $.01 PAR VALUE
                       (TITLE OF CLASS OF SECURITIES)

                                421124-10-8
                               (CUSIP NUMBER)

                               Ranko B. Cucuz
                     Hayes Lemmerz International, Inc.
                           15300 Centennial Drive
                            Northville, MI 48167

                                  Copy to:
                            Patrick Carey, Esq.
                     Hayes Lemmerz International, Inc.
                           15300 Centennial Drive
                            Northville, MI 48167
               (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSONS
             AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS)


                               April 18, 2000
          (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(e), 13d-1(f) or 13d-1(g), check
 the following box  ( ).

                     (Continued on the following pages)
                            (Page 1 of 5 Pages)



  CUSIP NO. 421124-10-8           13D                 PAGE 2 OF 5 PAGES
                         (FINAL AMENDMENT NO. 1)

 ----------------------------------------------------------------------------
 1    NAMES OF REPORTING PERSONS
      I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
      RANKO CUCUZ
 ----------------------------------------------------------------------------
 2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP             (a) (X)
                                                                   (b) ( )
 ----------------------------------------------------------------------------
 3    SEC USE ONLY
 ----------------------------------------------------------------------------
 4    SOURCE OF FUNDS
      PF; BK; OO
 ----------------------------------------------------------------------------
 5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
      ITEM 2(d) or 2(e)   ( )
 ----------------------------------------------------------------------------
 6    CITIZENSHIP OR PLACE OF ORGANIZATION
      DELAWARE
 ----------------------------------------------------------------------------
      NUMBER OF
       SHARES            7    SOLE VOTING POWER             473,875 *
     BENEFICIALLY
       OWNED BY          8    SHARED VOTING POWER           NONE
        EACH
      REPORTING          9    SOLE DISPOSITIVE POWER        473,875 *
     PERSON WITH
                         10   SHARED DISPOSITIVE POWER      NONE

 ----------------------------------------------------------------------------
 11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
      473,875 *
 ----------------------------------------------------------------------------
 12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
                                         (X)
 ----------------------------------------------------------------------------
 13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
      0.02%
 ----------------------------------------------------------------------------
 14   TYPE OF REPORTING PERSON
      IN
 ----------------------------------------------------------------------------

 *    Includes 423,638 shares subject to options presently exercisable or
      exercisable within the 60 days of the date hereof.  Does not include
      517,092 shares subject to options that are not exercisable within the
      60 days hereof.



 CUSIP NO.  421124-10-8            13D          PAGE 3 OF 5 PAGES
                          (FINAL AMENDMENT NO. 1)


 ITEM 4.  PURPOSE OF TRANSACTION.

           Item 4 of the Schedule 13D for the Reporting Person is hereby
 amended to add the following:

           On April 18, 2000, stockholders (collectively, the Majority
 Stockholders") owning in excess of 75% of the Company's outstanding common
 stock, sent a letter (the "Withdrawal Letter") to the Board of Directors of
 the Company withdrawing the offer which they had made on January 9, 2000
 (the "Majority Stockholder Offer") to acquire all of the shares of the
 Company's common stock not owned by the Majority Stockholders for $21 per
 share in cash.  The Withdrawal Letter stated that the Majority Stockholders
 had engaged in discussions with representatives of the Special Committee of
 the Board of Directors which had been appointed to consider the Majority
 Stockholder Offer and, based upon such discussions, the Majority
 Stockholders believed that it was unlikely that they would be able to reach
 agreement with the Special Committee as to the price per share to be paid
 to the Company's minority stockholders.  The Withdrawal Letter is attached
 hereto as Exhibit A and is incorporated herein by reference in its
 entirety.

 ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER.

      Item 5(e) of the Schedule 13D for the Reporting Person is hereby
 amended to add the following:

      As a result of the Withdrawal Letter described in Item 4, on April 18,
 2000, Mr. Cucuz ceased to be deemed to share beneficial ownership of the
 shares held by the Majority Stockholders pursuant to Rule 13d-3 of the
 General Rules and Regulations promulgated under the Exchange Act.  Mr.
 Cucuz's reporting obligation pursuant to Section 13(d) of the Exchange Act
 and the rules and regulations promulgated thereunder is therefore
 terminated.

 ITEM 7.   MATERIAL TO BE FILED AS EXHIBITS.

           Item 7 of the Schedule 13D for the Reporting Person is hereby
 amended to add the following:

 Exhibit No.    Description
 -----------    -----------

 Exhibit A      Withdrawal letter, dated April 18, 2000, to the Board of
                Directors of Hayes Lemmerz International, Inc.



 CUSIP NO. 421124-10-8             13D            PAGE 4 OF 5 PAGES
                          (FINAL AMENDMENT NO. 1)


           After reasonable inquiry and to the best of my knowledge and
 belief, the undersigned certifies that the information set forth in this
 Statement is true, complete and correct.

 Dated:  April 25, 2000


                                     /s/Ranko Cucuz
                                     ------------------------
                                     Ranko Cucuz



 CUSIP NO. 421124-10-8             13D                   PAGE 5 OF 5 PAGES
                          (FINAL AMENDMENT NO. 1)


                               EXHIBIT INDEX

 Exhibit No.    Description
 ----------     -----------

 Exhibit A      Withdrawal letter, dated April 18, 2000, to the Board of
                Directors of Hayes Lemmerz International, Inc.




                                                                  EXHIBIT A


                       JOSEPH LITTLEJOHN & LEVY, INC.
                            450 LEXINGTON AVENUE
                          NEW YORK, NEW YORK 10017


                                       April 18, 2000


 Board of Directors
 Hayes Lemmerz International, Inc.
 15300 Centennial Drive
 Northville, MI  48167

 Gentlemen:

           Reference is made to our letter dated January 9, 2000 pursuant to
 which Joseph Littlejohn & Levy Fund II, L.P., on behalf of the holders of
 in excess of 75% of the outstanding common stock of Hayes Lemmerz
 International, Inc. (the "Company"), offered to acquire all of the shares
 of the Company's common stock not owned by such stockholders for $21 per
 share in cash (the "Proposal").

           As you know, we have engaged in discussions with representatives
 of the Special Committee of the Company's Board of Directors with respect
 to the Proposal.  Based upon such discussions, we believe that it is
 unlikely that we will be able to reach an agreement as to the price per
 share to be paid to the Company's minority stockholders.  Accordingly, we
 hereby withdraw the Proposal.


                          Very truly yours,

                          JOSEPH LITTLEJOHN & LEVY FUND II, L.P.
                          By:  Joseph Littlejohn & Levy Associates II, L.P.,
                               Its General Partner


                          By:  /s/ Paul S. Levy
                               ----------------------------------
                               Paul S. Levy
                               General Partner




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission