SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
------------
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO
FILED PURSUANT TO 13d-2(b)
(AMENDMENT NO. ___________)*
Journal Register Company
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.01
- --------------------------------------------------------------------------------
(Title of Class of Securities)
481138 10 5
- --------------------------------------------------------------------------------
(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 (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>
CUSIP NO. 481138 10 5 13G PAGE 2 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Warburg, Pincus Investors, 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
SHARES 12,086,349
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH --------------------------------------------------------
6 SHARED VOTING POWER
-0-
--------------------------------------------------------
7 SOLE DISPOSITIVE POWER
12,086,349
--------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,086,349
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
25.0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 481138 10 5 13G PAGE 3 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Warburg, Pincus & Co.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY -0-
EACH
REPORTING
PERSON WITH
---------------------------------------------------------
6 SHARED VOTING POWER
36,457,927
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
36,457,927
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,457,927
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
75.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 481138 10 5 13G PAGE 4 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
E.M. Warburg, Pincus & Co., LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES -0-
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
----------------------------------------------------------
6 SHARED VOTING POWER
36,457,927
----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
-0-
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
36,457,927
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,457,927
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
75.3%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 481138 10 5 13G PAGE 5 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Warburg, Pincus Capital Company, 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 SHARES
BENEFICIALLY 24,248,774
OWNED BY EACH
REPORTING
PERSON WITH
----------------------------------------------------------
6 SHARED VOTING POWER
-0-
----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
24,248,774
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,248,774
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
50.1%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 481138 10 5 13G PAGE 6 OF 12 PAGES
- --------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Warburg, Pincus Capital Partners Liquidating Trust
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ X ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF SHARES
BENEFICIALLY 122,804
OWNED BY EACH
REPORTING
PERSON WITH
---------------------------------------------------------
6 SHARED VOTING POWER
-0-
---------------------------------------------------------
7 SOLE DISPOSITIVE POWER
122,804
---------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
122,804
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES
CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.2%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 481138 10 5 13G PAGE 7 OF 12 PAGES
ITEM 1(a). NAME OF ISSUER:
--------------
Journal Register Company, a Delaware corporation (the
"Issuer").
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
-----------------------------------------------
State Street Square
50 West State Street
Trenton, New Jersey 08608-1298
ITEMS 2(a)
AND 2(b). NAME OF PERSON FILING; ADDRESS OF PRINCIPAL BUSINESS OFFICE:
-----------------------------------------------------------
This statement is filed by and on behalf of (a) Warburg,
Pincus Investors, L.P., a Delaware limited partnership
("Investors"); (b) Warburg, Pincus & Co., a New York general
partnership ("WP"); (c) Warburg, Pincus Capital Partners
Liquidating Trust, a New York trust ("WPLT"); (d) Warburg,
Pincus Capital Company, L.P., a Delaware limited partnership
("WPCC"); and (e) E.M. Warburg, Pincus & Co., LLC, a New York
limited liability company ("EMWP"). WP, the sole general
partner of WPCC and Investors, has a 20% interest in the
profits of WPCC and Investors, as the general partner. Lionel
I. Pincus is the managing partner of WP, the Chairman of the
Board, Chief Executive Officer and managing member of EMWP and
the managing partner of Pincus & Co., a New York limited
partnership, whose primary activity is the ownership of
interests in WP and EMWP. The members of EMWP are
substantially the same as the partners of WP.
The principal business of WPLT is to manage the orderly
liquidation of the assets formerly held by Warburg, Pincus
Capital Partners, L.P., a Delaware limited partnership
("WPCP"), that was formerly engaged in making venture capital
and related investments, whose partnership agreement
terminated on September 30, 1997. Prior to termination of the
partnership agreement, WPCP distributed an aggregate of
122,804 shares of the Issuer's common stock, $0.01 par value
(the "Common Stock"), to WPLT. The trustees of WPLT are Lionel
I. Pincus, John L. Vogelstein and Stephen Distler. Each of
Messrs. Pincus, Vogelstein and Distler disclaims beneficial
ownership of any shares owned by WPLT. Mr. Vogelstein is a
general partner of WP and the Vice Chairman of the Board and a
member of EMWP and Mr. Distler is a general partner of WP and
the treasurer, a managing director and a member of EMWP.
The business address of each of Investors, WP, WPLT, WPCC and
EMWP is 466 Lexington Avenue, New York, New York 10017.
ITEM 2(c). CITIZENSHIP:
-----------
Not Applicable.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
----------------------------
This statement relates to shares of the Issuer's Common Stock.
ITEM 2(e). CUSIP NUMBER:
------------
481138 10 5
ITEM 3. NOT APPLICABLE.
<PAGE>
CUSIP NO. 481138 10 5 13G PAGE 8 OF 12 PAGES
ITEM 4. OWNERSHIP:
---------
(a) AMOUNT BENEFICIALLY OWNED:
-------------------------
(i) Each of WP and EMWP beneficially owns 36,457,927
shares of Common Stock.
(ii) Investors beneficially owns 12,086,349 shares of
Common Stock.
(iii)WPCC beneficially owns 24,248,774 shares of
Common Stock.
(iv) WPLT beneficially owns 122,804 shares of Common
Stock.
(b) PERCENT OF CLASS:
----------------
(i) Investors -- 25.0%
(ii) WP -- 75.3%
(iii) EMWP -- 75.3%
(iv) WPCC -- 50.1%
(v) WPLT -- 0.2%
(c) (i) Sole power to direct the vote
Investors -- 12,086,349
WP -- 0
EMWP -- 0
WPCC -- 24,248,774
WPLT -- 122,804
(ii) Shared power to vote or direct the vote
Investors -- 0
WP -- 36,457,927
EMWP - 36,457,927
WPCC -- 0
WPLT--- 0
(iii) Sole power to dispose or to direct the
disposition
Investors -- 12,086,349
WP -- 0
EMWP -- 0
WPCC -- 24,248,774
WPLT -- 122,804
(iv) Shared power to dispose or direct the
disposition
Investors -- 0
WP -- 36,457,927
EMWP -- 36,457,927
WPCC -- 0
WPLT -- 0
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.
<PAGE>
CUSIP NO. 481138 10 5 13G PAGE 9 OF 12 PAGES
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>
CUSIP NO. 481138 10 5 13G PAGE 10 OF 12 PAGES
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.
Dated: February 5, 1998 WARBURG, PINCUS INVESTORS, L.P.
By: Warburg, Pincus & Co., General Partner
By: /S/ STEPHEN DISTLER
-------------------------------------
Stephen Distler, Partner
Dated: February 5, 1998 WARBURG, PINCUS & CO.
By: /S/ STEPHEN DISTLER
------------------------------------
Stephen Distler, Partner
Dated: February 5, 1998 E.M. WARBURG, PINCUS & CO., LLC
By: /S/ STEPHEN DISTLER
-----------------------------------
Stephen Distler, Partner
Dated: February 5, 1998 WARBURG, PINCUS CAPITAL COMPANY, L.P.
By: /S/ STEPHEN DISTLER
-----------------------------------
Stephen Distler, Partner
Dated: February 5, 1998 WARBURG, PINCUS CAPITAL PARTNERS
LIQUIDATING TRUST
By: /S/ STEPHEN DISTLER
-----------------------------------
Stephen Distler, Partner
<PAGE>
CUSIP NO. 481138 10 5 13G PAGE 11 OF 12 PAGES
SCHEDULES
Schedule I Joint Filing Agreement, dated February 5, 1998, among the
signatories to this Schedule 13G.
<PAGE>
CUSIP NO. 481138 10 5 13G PAGE 12 OF 12 PAGES
JOINT FILING AGREEMENT
PURSUANT TO RULE 13d-1(f)(1)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
filing agreements. The undersigned acknowledge that each shall be responsible
for the timely filing of such amendments, and for the completeness and accuracy
of the information concerning it contained therein, but shall not be responsible
for the completeness and accuracy of the information concerning the others,
except to the extent that it knows or has reason to believe that such
information is inaccurate. This Agreement may be executed in any number of
counterparts and all of such counterparts taken together shall constitute one
and the same instrument.
Dated: February 5, 1998 WARBURG, PINCUS INVESTORS, L.P.
By: Warburg, Pincus & Co., General Partner
By: /S/ STEPHEN DISTLER
--------------------------------------
Stephen Distler, Partner
WARBURG, PINCUS & CO.
By: /S/ STEPHEN DISTLER
--------------------------------------
Stephen Distler, Partner
E.M. WARBURG, PINCUS & CO., LLC
By: /S/ STEPHEN DISTLER
-------------------------------------
Stephen Distler, Member
WARBURG, PINCUS CAPITAL COMPANY, L.P.
By: /S/ STEPHEN DISTLER
------------------------------------
Stephen Distler, Partner
WARBURG, PINCUS CAPITAL PARTNERS
LIQUIDATING TRUST
By: /S/ STEPHEN DISTLER
------------------------------------
Stephen Distler, Trustee