SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
--------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. _)*
ARCH COMMUNICATIONS GROUP, INC.
(Name of Issuer)
COMMON STOCK
$.01 PAR VALUE
(Title of Class of Securities)
039381-10-8
(CUSIP Number)
Edward Grinacoff
Sandler Capital Management
767 Fifth Ave., 45th Floor
New York, NY 10153
212-754-8100
Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 29, 1998
(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 statement because of Rule 13d-1(b)(3) or (4), check the following box [ ].
--------------
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*The remainder of this cover page shall be filed 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 on 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).
(Continued on following pages)
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 2 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sandler Capital Partners IV, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 2,754,545 11.0%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 2,754,545 11.0%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,754,545; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.0%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 3 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sandler Capital Partners IV FTE, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,131,818 4.5%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 1,131,818 4.5%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,131,818; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.5%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 4 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harvey Sandler
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 113,636 0.5%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 4,739,000; See Item 3-5 18.9%
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 113,636 0.5%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,739,000; See Item 3-5 18.9%
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,853,000; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.4%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 5 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John Kornreich
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 46,205 0.2%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 4,784,364; See Items 3-5 19.1%
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 46,205 0.2%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,784,364; See Items 3-5 19.1%
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,830,569; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.3%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 6 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael J. Marocco
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 36,364 0.1%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 4,739,364; See Items 3-5 18.9%
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 36,364 0.1%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,739,364; See Items 3-5 18.9%
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,775,728; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.1%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 7 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Andrew Sandler
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 9,091 0.04%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 4,739,364; See Items 3-5 18.9%
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 9,091 0.04%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,739,364; See Items 3-5 18.9%
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,748,455; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.0%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 8 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sandler Capital Management
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 348,000 1.4%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 4,246,364; See Items 3-5 17.0%
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 348,000 1.4%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
4,246,364; See Items 3-5 17.0%
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,594,364; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.3%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 9 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
21st Century Communications Partners, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 244,085 1.0%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 244,085 1.0%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
244,085; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.0%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 10 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
21st Century Communications T-E Partners, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 83,050 0.3%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 83,050 0.3%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
83,050; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.3%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 11 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
21st Century Communications Foreign Partners, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 32,865 0.1%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 32,865 0.1%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,865; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 12 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sandler Associates
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 145,000 0.6%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 145,000 0.6%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
145,000; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.6%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
SCHEDULE 13D
CUSIP No. 039381-10-8 Page 13 of 35
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
J.K. Media, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 45,000 0.2%
BENEFICIALLY --------------------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 45,000 0.2%
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,000; See Items 3-5
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.2%; See Items 3-5
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
INCLUDING EXHIBITS OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION
<PAGE>
This statement, relates to the reporting persons'(i) acquisition of an
aggregate of 225,000 shares of Series C Convertible Preferred Stock, par value
$0.01 per share (the "Series C Preferred Stock"), of Arch Communications Group,
Inc., a Delaware corporation (the "Issuer" or the "Company"), pursuant to a
Stock Purchase Agreement, dated as of June 29, 1998 (the "Stock Purchase
Agreement"), among, interalia, Issue, Sandler Capital Partners IV, L.P., a
Delaware limited partnership, Sandler Capital Partners IV FTE, L.P., a Delaware
limited partnership, Harvery Sandler, John Kornreich, Michael J. Marocco and
Andrew Sandler (collectively, the "Series C Purchasers"), and (ii) ownership of
an aggregate of 898,000 shares of Issuer's Common Stock, par value $0.01 per
share ("the "Common Stock"). As of June 29, 1998, the 225,000 shares of Issuer's
Series C Preferred Stock were convertible into 4,090,909 shares of Issuer's
Common Stock.
ITEM 1. Security and Issuer.
(a) Common Stock
(CUSIP No. 039381-10-8).
(b) Arch Communications Group, Inc.
1800 W. Park Dr., Suite 250
Westborough, MA 01581
ITEM 2. Identity and Background.
The reporting persons include, among others, Sandler Capital Management, a
New York general partnership ("SCM"), Sandler Capital Partners IV, L.P., a
Delaware limited partnership ("SCP IV"), Sandler Capital Partners IV FTE, L.P.,
a Delaware limited partnership ("SCP IV FTE," and with SCP IV, the "SCP Funds")
and Harvey Sandler, John Kornreich, Michael J. Marocco and Andrew Sandler (each,
an "Individual", and collectively, the "Individuals"). SCM holds securities on
behalf of certain managed accounts with respect to which SCM exercises
investment and voting discretion. Each of SCM, Sandler Associates, a New York
limited partnership ("Sandler Associates"), J. K. Media, L.P., a New York
limited partnership ("J.K. Media"), 21st Century Communications Partners, L.P.,
a Delaware limited partnership ("21st CCP"), 21st Century Communications T-E
Partners, L.P., a Delaware limited partnership (21st CCT-EP," 21st Century
Communications Foreign Partners, L.P., a Delaware limited partnership ("21st
CCFP," and together with 21st CCP and 21st CCT-EP, the "21st Century Funds"),
also owns shares of Common Stock.
Each Individual, through a Delaware or New York corporation that is
controlled by such Individual and that serves as a general partner of SCM, may
be deemed to be a beneficial owner of the securities held by SCM and its managed
accounts.
14
<PAGE>
SCM is a general partner of Sandler Investment Partners, L.P., a Delaware
limited partnership ("SIP"), which is a general partner of each of the SCP Funds
and the 21st Century Funds.
Each Individual is a general partner of Sandler Associates.
John Kornreich is a general partner of J.K. Media.
1. (a) Sandler Capital Partners IV, L.P.,
a Delaware limited partnership.
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
Harvey Sandler, and John Kornreich each control a Delaware corporation,
Michael Marocco controls a New York corporation, and and Andrew Sandler controls
a Delaware limited liabilty company. Each of such entity is a general partner of
SCM. SCM is the general partner of SIP. SIP is a general partner of SCP IV.
2. (a) Sandler Capital Partners IV FTE, L.P.,
a Delaware limited partnership.
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
Harvey Sandler, and John Kornreich each control a Delaware corporation,
Michael Marocco controls a New York corporation, and and Andrew Sandler controls
a Delaware limited liabilty company. Each of such entity is a general partner of
SCM. SCM is the general partner of SIP. SIP is a general partner of SCP IV FTE.
3. (a) Harvey Sandler is the sole shareholder of ARH
Corp., a Delaware corporation ("ARH").
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Occupation: General partner of partnerships
and limited partnerships engaged in the investment
business.
(d) No.
(e) No.
(f) Citizenship: United States.
15
<PAGE>
ARH Corp. is a general partner of SCM. Harvey Sandler is the father of
Andrew Sandler.
4. (a) John Kornreich is the majority shareholder of Four
JK Corp., a Delaware corporation ("Four JK"), and
a general partner of J.K. Media.
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Business: General partner of partnerships
and limited partnerships engaged in the investment
business.
(d) No.
(e) No.
(f) Citizenship: United States.
Four JK Corp. is a general partner of SCM.
5. (a) Michael J. Marocco, is the sole shareholder of MJDM
Corp., a New York corporation ("MJDM").
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Business: General partner of partnerships
and limited partnerships engaged in the investment
business.
(d) No.
(e) No.
(f) Citizenship: United States.
MJDM Corp. is a general partner of SCM.
6. (a) Andrew Sandler is the majority member of ALSI, LLC,
a Delaware limited liability company ("ALSI").
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Occupation: General partner of partnerships
and limited partnerships engaged in the investment
business.
(d) No.
(e) No.
(f) Citizenship: United States.
ALSI is a general partner of SCM. Andrew Sandler is the son
of Harvey Sandler.
7. (a) Sandler Capital Management, a registered investment
adviser and a general partnership organized under the
laws of the State of New York.
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
16
<PAGE>
Harvey Sandler, and John Kornreich each control a Delaware corporation,
Michael Marocco controls a New York corporation, and and Andrew Sandler controls
a Delaware limited liabilty company. Each of such entity is a general partner of
SCM. SCM is a general partner of SIP, which is a general partner of each of the
SCP IV Funds and the 21st Century Funds.
8. (a) 21st Century Communications Partners, L.P., a Delaware
limited partnership.
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
Harvey Sandler, and John Kornreich each control a Delaware corporation,
Michael Marocco controls a New York corporation, and and Andrew Sandler controls
a Delaware limited liabilty company. Each of such entity is a general partner of
SCM. SCM is the general partner of SIP. SIP is a general partner of 21st CCP.
9. (a) 21st Century Communications T-E Partners, L.P., a
Delaware limited partnership.
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
Harvey Sandler, and John Kornreich each control a Delaware corporation,
Michael Marocco controls a New York corporation, and and Andrew Sandler controls
a Delaware limited liabilty company. Each of such entity is a general partner of
SCM. SCM is the general partner of SIP. SIP is a general partner of 21st CCT-EP.
10. (a) 21st Century Communications Foreign Partners,
L.P., a Delaware limited partnership.
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
17
<PAGE>
Harvey Sandler, and John Kornreich each control a Delaware corporation,
Michael Marocco controls a New York corporation, and and Andrew Sandler controls
a Delaware limited liabilty company. Each of such entity is a general partner of
SCM. SCM is the general partner of SIP. SIP is a general partner of 21st CCFP.
11. (a) Sandler Associates, a limited partnership organized
under the laws of the State of New York.
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
Harvey Sandler, John Kornreich, Michael Marocco and Andrew Sandler are the
general partners of Sandler Associates. The limited partners of Sandler
Associates include certain other investors.
12. (a) J.K. Media, L.P., a limited partnership organized
under the laws of the State of New York ("J.K.
Media").
(b) Address:
767 Fifth Avenue, 45th Floor
New York, New York 10153
(c) Principal Occupation: Investments.
(d) No.
(e) No.
John Kornreich is the general partner of J.K. Media.
ITEM 3. Source and Amount of Funds or Other Consideration.
The source of funds for the acquisition of the securities was the general
working capital of the SCP IV Funds, the personal funds of the Individuals, the
general working capital of SCM, the general working capital of each of the
various managed accounts, the general working capital of the 21st Century Funds,
the general working capital of Sandler Associates, and the general working
capital of J.K. Media.
18
<PAGE>
The amount of funds used in acquiring the shares of Common Stock that are
issued and outstanding and that are issuable on conversion of the Series C
Preferred Stock is set forth below:
Reporting Person Number of Shares of Purchase Price
Common Stock directly (in dollars)
owned or held
Sandler Capital Partners IV, 2,754,545 $15,150,000.00
L.P.
Sandler Capital Partners IV FTE 1,131,818 6,225,000.00
L.P.
Harvey Sandler 113,636 625,000.00
John Kornreich (1) 26,205 250,000.00
Michael J. Marocco 36,364 200,000.00
Andrew Sandler 9,091 50,000.00
Sandler Capital Management 348,000 2,732,381.20
21st Century Communications 244,085 1,306,825.58
Partners, L.P.
21st Century Communications 83,050 410,793.06
T-E Partners, L.P.
21st Century Communications 32,865 162,561.36
Foreign Partners, L.P.
Sandler Associates 145,000 1,156,364.80
J.K. Media, L.P. 45,000 380,425.00
-----------------
(1) Includes 750 shares of Common Stock issued to John Kornreich as an outside
director of Issuer under the Issuer's Non-Employee Directors' Stock Option Plan
(the "Outside Directors' Option Plan") that have vested as of June 29, 1998 and
are exercisable at a price of $4.125 per share. John Kornreich was issued an
aggregate of 3,000 options to purchase shares of Common Stock upon becoming an
outside director of the Issuer on June 29, 1998, of which 750 shares vested
immediately, with the remainder to vest in equal increments of 750 shares on
June 29, 1999, 2000 and 2001, respectively.
19
<PAGE>
ITEM 4. Purpose of Transaction.
The reporting persons acquired their securities for the purposes of
investment.
The reporting persons do not have any plans or proposals which relate to
or would result in any of the actions set forth in subparagraphs (a) through
(j) of Item 4 of Schedule 13D.
ITEM 5. Interests in Securities of the Issuer.
(a) The following list sets forth the aggregate number and percentage
(based on 20,958,570 shares of Common Stock outstanding, as reported by the
Issuer to the reporting persons as of June 1, 1998, and 4,090,909 shares of
Common Stock issuable on conversion of the Series C Preferred Stock) of shares
of Common Stock, as converted, owned beneficially by each reporting person
named in Item 2, as of July 8, 1998:
Reporting Person Number of Shares of Percentage of Shares
Common Stock of Common Stock
Beneficially Owned Beneficially Owned
Sandler Capital Partners IV, 2,754,545 (as converted) 11.0%
L.P.
Sandler Capital Partners IV FTE 1,131,818 (as converted) 4.5%
L.P.
Harvey Sandler (1) (2) (3) (5) 4,853,000 (as converted) 19.4%
John Kornreich (1) (2) (3) (4) 4,830,569 (as converted) 19.3%
(5)
Michael J. Marocco (1) (2) (3) 4,775,728 (as converted) 19.1%
(5)
Andrew Sandler (1) (2) (3) (5) 4,748,455 (as converted) 19.0%
Sandler Capital Management 4,594,364 (as converted) 18.3%
(1) (2)
21st Century Communications 244,085 1.0%
Partners, L.P.
21st Century Communications 83,050 .3%
T-E Partners, L.P.
21st Century Communications 32,865 .1%
Foreign Partners, L.P.
Sandler Associates 145,000 .6%
J.K. Media, L.P. 45,000 .2%
20
<PAGE>
------------------
(1) Includes 3,886,363 shares of Common Stock, as converted, held by the SCP
IV Funds.
(2) Includes 360,000 shares of Common Stock held by the 21st Century Funds.
(3) Includes 145,000 shares of Common Stock owned by Sandler Associates.
(4) Includes 45,000 shares of Common Stock owned by J.K. Media and vested
options for 750 shares of Common Stock issued to John Kornreich as an
outside director of the Issuer under the Issuer's Outside Directors'
Option Plan.
(5) The reporting person disclaims beneficial ownership of these securities,
except to the extent of his/her/its equity interest therein.
(b) By virtue of being the manager of certain accounts owning shares
of Common Stock with respect to which SCM exercises investment discretion, and
a general partner of SIP, which is a general partner of the 21st Century Funds
and the SCP IV Funds, SCM may be deemed to have sole or shared power to vote
and to dispose of 4,594,363 shares of Common Stock, as converted, representing
approximately 18.3% of the Common Stock, as converted.
By virtue of being the sole shareholder of ARH Corp. and a
general partner of Sandler Associates, Harvey Sandler may be deemed to have
sole or shared power to vote and to dispose of 4,853,000 shares of Common
Stock, as converted, representing approximately 19.4% of the outstanding
Common Stock.
By virtue of being the majority shareholder of Four JK Corp. and
a general partner of Sandler Associates and J.K. Media, John Kornreich may be
deemed to have sole or shared power to vote and to dispose of 4,830,569 shares
of Common Stock, as converted, representing approximately 19.3% of the
outstanding Common Stock.
By virtue of being the sole shareholder of MJDM Corp. and a
general partner of Sandler Associates, Michael J. Marocco may be deemed to
have sole or shared power to vote and to dispose of 4,755,728 shares of Common
Stock, as converted, representing approximately 19.1% of the Common Stock, as
converted.
21
<PAGE>
By virtue of being a majority member of ALSI, LLC and a general
partner of Sandler Associates, Andrew Sandler may be deemed to have sole or
shared power to vote and to dispose of 4,748,455 shares of Common Stock, as
converted, representing approximately 19.0% of the outstanding Common Stock.
(c) The following is a description of all transactions in the shares
of Common Stock by the persons identified in Item 2 of this Schedule 13D
effected from May 8, 1998 through July 8, 1998, inclusive:
Name of Purchase or Number of Shares Purchase or Sale
Shareholder Sale Date of Common Stock Price Per Share
Purchased or Sold
Sandler Capital 6/29/98 2,754,545 $5.50
Partners IV, L.P. (as converted)
Sandler Capital 6/29/98 1,131,818 $5.50
Partners IV FTE, L.P. (as converted)
Harvey Sandler 6/29/98 113,636 $5.50
(as converted)
John Kornreich 6/29/98 45,455 $5.50
(as converted)
Michael J. Marocco 6/29/98 36,363 $5.50
(as converted)
Andrew Sandler 6/29/98 9,091 $5.50
(as converted)
All purchases of Series C Convertible Preferred Stock were
effected by private placement.
(d) No other person has the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of such
securities.
(e) Not applicable.
ITEM 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer
Not Applicable.
22
<PAGE>
ITEM 7. Material to be filed as Exhibits.
Exhibit 7.01 Joint Filing Agreement, effective as of July 8,
1998, among the reporting persons by which they have
agreed to file this Schedule 13D and all necessary
amendments, as required by Rule 13d-1(f).
23
<PAGE>
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.
SANDLER CAPITAL PARTNERS IV, L.P.
By: Sandler Investment Partners, L.P., General Partner
By: Sandler Capital Management, General Partner
By: MJDM Corp., a General Partner
July 8, 1998 By: /s/ Edward G. Grinacoff
--------------- ------------------------
Date Edward G. Grinacoff
President
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
24
<PAGE>
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.
SANDLER CAPITAL PARTNERS IV FTE, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management, General
Partner
By: MJDM Corp., a General Partner
July 8, 1998 By: /s/ Edward G. Grinacoff
-------------- ------------------------
Date Edward G. Grinacoff
President
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
25
<PAGE>
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.
July 8, 1998 By: /s/ Harvey Sandler
-------------- --------------------
Date Harvey Sandler
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
26
<PAGE>
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.
July 8, 1998 By: /s/ John Kornreich
-------------- --------------------
Date John Kornreich
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
27
<PAGE>
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.
July 8, 1998 By: /s/ Michael J. Marocco
-------------- --------------------
Date Michael J.Marocco
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
28
<PAGE>
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.
July 8, 1998 By: /s/ Andrew Sandler
-------------- --------------------
Date Andrew Sandler
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
29
<PAGE>
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.
SANDLER CAPITAL MANAGEMENT
By: MJDM Corp., a General
Partner
July 8, 1998 By: /s/ Edward G. Grinacoff
-------------- --------------------
Date Edward G. Grinacoff
President
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
30
<PAGE>
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.
21ST CENTURY COMMUNICATIONS PARTNERS,L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a General Partner
July 8, 1998 By: /s/ Edward G. Grinacoff
-------------- --------------------
Date Edward G. Grinacoff
President
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
31
<PAGE>
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.
21ST CENTURY COMMUNICATIONS T-E PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a General Partner
July 8, 1998 By: /s/ Edward G. Grinacoff
-------------- --------------------
Date Edward G. Grinacoff
President
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
32
<PAGE>
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.
21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a General Partner
July 8, 1998 By: /s/ Edward G. Grinacoff
-------------- --------------------
Date Edward G. Grinacoff
President
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
33
<PAGE>
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.
SANDLER ASSOCIATES
By: Harvey Sandler, General Partner
July 8, 1998 /s/ Harvey Sandler
------------- -----------------------
Date Harvey Sandler
By: John Kornreich, General Partner
/s/ John Kornreich
-----------------------
John Kornreich
By: Michael J. Marocco, General Partner
/s/ Michael J. Marocco
-----------------------
Michael J. Marocco
By: Andrew Sandler, General Partner
/s/ Andrew Sandler
-----------------------
Andrew Sandler
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
34
<PAGE>
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.
J.K. MEDIA, L.P.
By: John Kornreich, General Partner
July 8, 1998 /s/ John Kornreich
------------- -----------------------
Date John Kornreich
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
35
EXHIBIT 7.01
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities Exchange Act, as
amended, the undersigned hereby agree to the joint filing on behalf of each of
them on a statement on Schedule 13D (including amendments thereto) with
respect to the Common Stock, par value $.01 per share, of Arch Communications
Group, Inc. and that this Agreement be included as an Exhibit to such joint
filing.
This Joint Filing Agreement may be executed in one or more counterparts,
and each such counterpart shall be an original but all of which, taken
together, shall constitute but one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this Agreement
effective as of the 8th day of July, 1998.
SANDLER CAPITAL PARTNERS IV, L.P.
By: Sandler Investment Partners,L.P.,
General Partner
By: Sandler Capital Management, General
Partner
By: MJDM Corp., a General Partner
By: /s/ Edward G. Grinacoff
-----------------------
Edward G. Grinacoff
President
SANDLER CAPITAL PARTNERS IV FTE, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a General Partner
By: /s/ Edward G. Grinacoff
-----------------------
Edward G. Grinacoff
President
<PAGE>
By: /s/ Harvey Sandler
-----------------------
HARVEY SANDLER
By: /s/ John Kornreich
-----------------------
JOHN KORNREICH
By: /s/ Michael J. Marocco
-----------------------
MICHAEL J. MAROCCO
By: /s/ Andrew Sandler
-----------------------
ANDREW SANDLER
SANDLER CAPITAL MANAGEMENT
By: MJDM Corp., a General Partner
By: /s/ Edward G. Grinacoff
-----------------------
Edward G. Grinacoff
President
21ST CENTURY COMMUNICATIONS PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a General Partner
By: /s/ Edward G. Grinacoff
-----------------------
Edward G. Grinacoff
President
<PAGE>
21ST CENTURY COMMUNICATIONS T-E PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a General Partner
By: /s/ Edward G. Grinacoff
-----------------------
Edward G. Grinacoff
President
21ST CENTURY COMMUNICATIONS FOREIGN PARTNERS, L.P.
By: Sandler Investment Partners, L.P.,
General Partner
By: Sandler Capital Management,
General Partner
By: MJDM Corp., a General Partner
By: /s/ Edward G. Grinacoff
-----------------------
Edward G. Grinacoff
President
<PAGE>
SANDLER ASSOCIATES
By: Harvey Sandler, General Partner
/s/ Harvey Sandler
------------------------
Harvey Sandler
By: John Kornreich, General Partner
/s/ John Kornreich
------------------------
John Kornreich
By: Michael J. Marocco, General Partner
/s/ Michael J. Marocco
------------------------
Michael J. Marocco
By: Andrew Sandler, General Partner
/s/ Andrew Sandler
------------------------
Andrew Sandler
J.K. MEDIA, L.P.
By: John Kornreich, General Partner
/s/ John Kornreich
------------------------
John Kornreich
ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
