SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
ARCH COMMUNICATIONS GROUP, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
039381108
(CUSIP Number)
June 3, 1999
(Date of Event Which Request Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|X| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
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 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. 039381108 13G Page 2 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
Resurgence Asset Management, L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
3,431,350(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 3,431,350(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,431,350(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.14%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James. B. Rubin serves as Chief Investment Officer of and is responsible
for the day to day investment activities of Resurgence Asset Management, L.L.C.
("RAM"). Voting and dispositive power is exercised solely in its capacity as
sole general partner and sole investment advisor of M.D. Sass Corporate
Resurgence Partners, L.P. Accordingly, RAM may be deemed to share voting and
dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 3 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
Resurgence Asset Management International, L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
2,203,795(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 2,203,795(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,203,795(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.59%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James B. Rubin serves as Chief investment Officer of and is responsible
for the day to day investment activities of Resurgence Asset Management
International, L.L.C. ("RAMI"). Voting and dispositive power is exercised (i)
solely in its capacity as sole special shareholder of and sole investment
advisor of M.D. Sass Corporate Resurgence Partners International, Ltd. and (ii)
pursuant to a Subadvisory Services Agreement with M.D. Sass Management, Inc.
with respect to M.D. Sass Re/Enterprise International, Ltd. Accordingly, in each
case, RAMI may be deemed to share voting and dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 4 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
Re/Enterprise Asset Management, L.L.C.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
3,093,097(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 3,093,097(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,093,097(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.44%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James B. Rubin serves as Manager and is responsible for the day to day
investment activities of Re/Enterprise Asset Management, L.L.C. ("REAM"). Voting
and dispositive power is exercised pursuant to a Subadvisory Services Agreement
with M.D. Sass Management, Inc., M.D. Sass Investors Services, Inc. and M.D.
Sass Associates, Inc. with respect to two employee pension plans, M.D. Sass
Re/Enterprise Partners, L.P. and M.D. Sass Re/Enterprise II, L.P. Accordingly,
REAM may be deemed to share voting and dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 5 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kingstreet Ltd.(1)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
45,959(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 45,959(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,959(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.10%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Voting and dispositive power is exercised through its sole director, CTC
Corporation Ltd. Kingstreet Ltd. is a wholly-owned subsidiary of The M.D. Sass
Re/Enterprise International Irrevocable Trust II.
<PAGE>
CUSIP No. 039381108 13G Page 6 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
M.D. Sass Corporate Resurgence Partners, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
3,431,350(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 3,431,350(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,431,350(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.14%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James B. Rubin serves as Chief Investment Officer of and is responsible
for the day to day investment activities of Resurgence Asset Management, L.L.C.
("RAM"). Voting and dispositive power is exercised through its sole general
partner and investment advisor, RAM. Accordingly, M.D. Sass Corporate Resurgence
Partners, L.P. may be deemed to share voting and dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 7 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
M.D. Sass Corporate Resurgence International, Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,759,993(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1,759,993(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,759,993(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.66%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James B. Rubin serves as Chief Investment Officer of and is responsible
for the day to day investment activities of Resurgence Asset Management
International, L.L.C. ("RAMI"). Voting and dispositive power is exercised
through its sole special shareholder and investment advisor RAMI. Accordingly,
M.D. Sass Corporate Resurgence International, Ltd. may be deemed to share voting
and dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 8 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
M.D. Sass Re/Enterprise Partners, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
729,469(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 729,469(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
729,469(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.52%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James B. Rubin serves as Manager of and is responsible for the day to
day investment activities of Re/Enterprise Asset Management, L.L.C. (" REAM").
Voting and dispositive power is exercised through REAM pursuant to a Subadvisory
Services Agreement with its managing general partner M.D. Sass Associates, Inc.
Accordingly, M.D. Sass Re/Enterprise Partners, L.P. may be deemed to share
voting and dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 9 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
M.D. Sass Re/Enterprise-II, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
181,309(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 181,309(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
181,309(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.38%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James B. Rubin serves as Manager of and is responsible for the day to
day investment activities of Re/Enterprise Asset Management, L.L.C. ("REAM").
Voting and dispositive power is exercised through REAM pursuant to a Subadvisory
Services Agreement with its managing general partner M.D. Sass Investors
Services, Inc. Accordingly, M.D. Sass Re/Enterprise-II, L.P. may be deemed to
share voting and dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 10 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
M.D. Sass Re/Enterprise International, Ltd.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
443,802(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 443,802(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
443,802(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.92%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James B. Rubin serves as Chief Investment Officer of and is responsible
for the day to day investment activities of Resurgence Asset Management
International, L.L.C. ("RAMI"). Voting and dispositive power is exercised
through RAMI pursuant to a Subadvisory Services Agreement with its investment
manager, M.D. Sass Management, Inc. Accordingly, M.D. Sass Re/Enterprise
International, Ltd. may be deemed to share voting and dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 11 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
M.D. Sass Associates, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
729,469(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 729,469(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
729,469(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.52%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James B. Rubin serves as Manager of and is responsible for the day to
day investment activities of Re/Enterprise Asset Management, L.L.C ("REAM").
Voting and dispositive power is exercised by M.D. Sass Associates, Inc. solely
in its capacity as general partner of M.D. Sass Re/Enterprise Partners, L.P.
Pursuant to a Subadvisory Services Agreement M.D. Sass Associates, Inc. has
entered into with REAM, REAM exercises sole voting and dispositive power over
such shares. Accordingly M.D. Sass Associates, Inc. may be deemed to share
voting and dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 12 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
M.D. Sass Management, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
443,802(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 443,802(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
443,802(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.92%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James B. Rubin serves as Chief Investment Officer and is responsible for
the day to day investment activities of Resurgence Asset Management
International, L.L.C. ("RAMI"). Pursuant to a Subadvisory Services Agreement it
has entered into with RAMI, RAMI exercises sole voting and dispositive power
over such shares. Accordingly, M.D. Sass Management, Inc. may be deemed to share
voting and dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 13 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James B. Rubin(1)
M.D. Sass Investors Services, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
2,363,628(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 2,363,628(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,363,628(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.92%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Mr. James B. Rubin serves as Manager and is responsible for the day to day
investment activities of Re/Enterprise Asset Management, L.L.C. ("REAM"). Voting
and dispositive power is exercised solely in its capacity as general partner of
M.D. Sass Re/Enterprise-II, L.P. and investment advisor to two employee pension
plans. Pursuant to a Subadvisory Services Agreement it has entered into with
REAM, REAM exercises sole voting and dispositive power over such shares.
Accordingly, M.D. Sass Investors Services, Inc. may be deemed to share voting
and dispositive power.
<PAGE>
CUSIP No. 039381108 13G Page 14 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Resurgence Parallel Fund, LLC
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
119,835(1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 119,835(1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
119,835(1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.25%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) Voting and dispositive power is exercised through its managers, Martin D.
Sass, Hugh R. Lamle and Martin E. Winter.
<PAGE>
CUSIP No. 039381108 13G Page 15 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The M.D. Sass Re/Enterprise International Irrevocable Trust II(1)
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
45,959 (1)
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 45,959 (1)
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,959 (1)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.10%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
(1) The M.D. Sass Re/Enterprise International Irrevocable Trust II (the "Trust")
owns 100% of Kingstreet Ltd. and, accordingly, may be deemed to share voting and
dispositive power. Voting and dispositive power on behalf of the Trust is
exercised through its trustees, A. Charles Levene and CITCO International Trust
Company Ltd.
<PAGE>
CUSIP No. 039381108 13G Page 16 of 26
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
M.D. Sass Associates, Inc. Employees Profit Sharing Plan
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
35,560
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY -0-
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 35,560
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,560
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.07%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
EP
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Item 1(a). Name of Issuer:
Arch Communications Group, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
1800 West Park Drive, Suite 250
Westborough, Massachusetts 01581
Item 2(a) Name of Person Filing:
Resurgence Asset Management, L.L.C. ("RAM")
Resurgence Asset Management International, L.L.C. ("RAMI")
Re/Enterprise Asset Management, L.L.C. ("REAM")
Kingstreet Ltd.
M.D. Sass Corporate Resurgence Partners, L.P.
M.D. Sass Corporate Resurgence International, Ltd.
M.D. Sass Re/Enterprise Partners, L.P.
M.D. Sass Re/Enterprise-II, L.P.
M.D. Sass Re/Enterprise International, Ltd.
M.D. Sass Associates, Inc.
M.D. Sass Management, Inc.
M.D. Sass Investors Services, Inc.
Resurgence Parallel Fund, LLC
The M.D. Sass Re/Enterprise International Irrevocable Trust II
M.D. Sass Associates, Inc. Employees Profit Sharing Plan ("SAEPS")
Item 2(b) Address of Principal Business Office or, if None, Residence:
The address for each of RAM, RAMI, REAM, M.D. Sass Corporate
Resurgence Partners, L.P., and M.D. Sass Corporate Resurgence International,
Ltd.
10 King Street
First Floor
White Plains, NY, 10064
The address for each of SAEPS, M.D. Sass Re/Enterprises Partners,
L.P., M.D. Sass Re/Enterprise-II, L.P., M.D. Sass Re/Enterprise International,
Ltd., M.D. Sass Associates, Inc., M.D. Sass Management, Inc., M.D. Sass
Investors Services, Inc., and Resurgence Parallel Fund, LLC is:
1185 Avenue of the Americas
18th Floor
New York, New York 10036
The address for Kingstreet Ltd. and The M.D. Sass Re/Enterprise
Irrevocable Trust II is:
c/o CITCO International Trust Company, Ltd.
Corporate Center
West Bay Road
P.O. Box 31106 SMB
Grand Cayman, Cayman Islands
Page 17 of 26
<PAGE>
Item 2(c) Citizenship or Place of Organization:
See Item 4 of each cover page.
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
039381108
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or
(c), Check Whether the Person Filing is a:
(a) |_| Broker or dealer registered under Section 15 of the Exchange
Act.
(b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) |_| Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
(d) |_| Investment company registered under Section 8 of the Investment
Company Act.
(e) |X| An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) |X| An employee benefit plan or endowment fund in accordance with
Rule 13d- 1(b)(1)(ii)(F);
(g) |X| A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) |_| A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) |_| A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act;
(j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. |X|
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
See Item 9 of each cover page.
(b) Percent of Class:
See Item 11 of each cover page.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
(ii) Shared power to vote or to direct the vote
(iii) Sole power to dispose or to direct the disposition of
(iv) Shared power to dispose or to direct the disposition of
See Items 5-8 of each cover page.
Page 18 of 26
<PAGE>
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
See footnotes to each cover page.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
See footnotes to each cover page.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certifications.
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held
in the ordinary course of business and were not acquired and are not
held for the purpose of or with the effect of changing or
influencing the control of the issuer of such securities and were
not acquired and are not held in connection with or as a participant
in any transaction having that purpose of effect.
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: July 16, 1999.
RESURGENCE ASSET MANAGEMENT, L.L.C.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Manager
RESURGENCE ASSET MANAGEMENT
INTERNATIONAL, L.L.C.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Manager
Page 19 of 26
<PAGE>
RE/ENTERPRISE ASSET MANAGEMENT, L.L.C.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Manager
KINGSTREET LTD.
By: CTC Corporation Ltd., its Director
By: /s/ Lana Farrington
-----------------------------------------
Lana Farrington, Trust Officer
M.D. SASS CORPORATE RESURGENCE
PARTNERS, L.P.
By: Resurgence Asset Management, L.L.C.,
its General Partner
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Chief Investment Officer
M.D. SASS CORPORATE RESURGENCE
INTERNATIONAL, LTD.
By: Resurgence Asset Management
International, L.L.C.,
its Special Shareholder.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Chief Investment Officer
M.D. SASS RE/ENTERPRISE PARTNERS, L.P.
By: M.D. Sass Associates, Inc.,
its General Partner
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
M.D. SASS RE/ENTERPRISE-II, L.P.
By: M.D. Sass Investors Services, Inc.,
its General Partner
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
Page 20 of 26
<PAGE>
M.D. SASS RE/ENTERPRISE INTERNATIONAL,
LTD.
By: M.D. Sass Management, Inc.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
M.D. SASS ASSOCIATES, INC.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
M.D. SASS MANAGEMENT, INC.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
M.D. SASS INVESTORS SERVICES, INC.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
RESURGENCE PARALLEL FUND, LLC
By: /s/ Martin D. Sass
-----------------------------------------
Martin D. Sass, Manager
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Manager
THE M.D. SASS RE/ENTERPRISE INTERNATIONAL
IRREVOCABLE TRUST II
By: CITCO Trustees (BVI) Limited
By: /s/ Lana Farrington
-----------------------------------------
Lana Farrington, Trust Officer
M.D. SASS ASSOCIATES, INC.
EMPLOYEES PROFIT SHARING PLAN
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Trustee
Page 21 of 26
<PAGE>
EXHIBIT INDEX TO SCHEDULE 13G
EXHIBIT 1
Agreement between Resurgence Asset Management, L.L.C. ("RAM"), Resurgence Asset
Management International, L.L.C. ("RAMI"), Re/Enterprise Asset Management,
L.L.C. ("REAM"), Kingstreet Ltd., M.D. Sass Corporate Resurgence Partners, L.P.,
M.D. Sass Corporate Resurgence International, Ltd., M.D. Sass Re/Enterprise
Partners, L.P., M.D. Sass Re/Enterprise-II, L.P., M.D. Sass Re/Enterprise
International, Ltd., M.D. Sass Associates, Inc., M.D. Sass Management, Inc.,
M.D. Sass Investors Services, Inc., Resurgence Parallel Fund, LLC, The M.D. Sass
Re/Enterprise International Irrevocable Trust II and M.D. Sass Associates, Inc.
Employees Profit Sharing Plan, as to joint filing of Schedule 13G.
EXHIBIT 2
Disclaimer of beneficial ownership by RAM, RAMI, REAM, M.D. Sass Associates,
Inc., M.D. Sass Management, Inc., M.D. Sass Investors Services, Inc. and The
M.D. Sass Re/Enterprise International Irrevocable Trust II.
EXHIBIT 1
AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G
Each of the undersigned hereby affirms that it is individually eligible to use
Schedule 13G, and agrees that this Schedule 13G, and agrees that this Schedule
13G is filed on its behalf.
Dated: July 16, 1999
RESURGENCE ASSET MANAGEMENT, L.L.C.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Manager
RESURGENCE ASSET MANAGEMENT
INTERNATIONAL, L.L.C.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Manager
RE/ENTERPRISE ASSET MANAGEMENT, L.L.C.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Manager
Page 22 of 26
<PAGE>
KINGSTREET LTD.
By: CTC Corporation Ltd., its Director
By: /s/ Lana Farrington
-----------------------------------------
Lana Farrington, Trust Officer
M.D. SASS CORPORATE RESURGENCE
PARTNERS, L.P.
By: Resurgence Asset Management, L.L.C.,
its General Partner
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Chief Investment Officer
M.D. SASS CORPORATE RESURGENCE
INTERNATIONAL, LTD.
By: Resurgence Asset Management
International, L.L.C., its Special
Shareholder.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Chief Investment Officer
M.D. SASS RE/ENTERPRISE PARTNERS, L.P.
By: M.D. Sass Associates, Inc.,
its General Partner
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
M.D. SASS RE/ENTERPRISE-II, L.P.
By: M.D. Investors Services, Inc.,
its General Partner
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
M.D. SASS RE/ENTERPRISE INTERNATIONAL,
LTD.
By: M.D. Sass Management, Inc.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
Page 23 of 26
<PAGE>
M.D. SASS ASSOCIATES, INC.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
M.D. SASS MANAGEMENT, INC.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
M.D. SASS INVESTORS SERVICES, INC.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
RESURGENCE PARALLEL FUND, LLC
By: /s/ Martin D. Sass
-----------------------------------------
Martin D. Sass, Manager
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Manager
THE M.D. SASS RE/ENTERPRISE INTERNATIONAL
IRREVOCABLE TRUST II
By: CITCO Trustees (BVI) Limited
By: /s/ Lana Farrington
-----------------------------------------
Lana Farrington, Trust Officer
M.D. SASS ASSOCIATES, INC. EMPLOYEES PROFIT
SHARING PLAN
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Trustee
Page 24 of 26
<PAGE>
EXHIBIT 2
DISCLAIMER OF BENEFICIAL OWNERSHIP
Each of the undersigned disclaims beneficial ownership of the securities
referred to in the Schedule 13G to which this exhibit is attached, and the
filing of this Schedule 13G shall not be construed as an admission that any of
the undersigned is, for the purpose of Section 13(d) or 13(g) of the Securities
Exchange Act of 1934, as amended, the beneficial owner of any securities covered
by this Schedule 13G.
Date: July 16, 1999
RESURGENCE ASSET MANAGEMENT, L.L.C.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Manager
RESURGENCE ASSET MANAGEMENT
INTERNATIONAL, L.L.C.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Manager
RE/ENTERPRISE ASSET MANAGEMENT, L.L.C.
By: /s/ James B. Rubin
-----------------------------------------
James B. Rubin, Manager
M.D. SASS ASSOCIATES, INC.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
M.D. SASS MANAGEMENT, INC.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
M.D. SASS INVESTORS SERVICES, INC.
By: /s/ Martin E. Winter
-----------------------------------------
Martin E. Winter, Senior Vice-President
Page 25 of 26
<PAGE>
THE M.D. SASS RE/ENTERPRISE INTERNATIONAL
IRREVOCABLE TRUST II
By: CITCO Trustees (BVI) Limited
By: /s/ Lana Farrington
-----------------------------------------
Lana Farrington, Trust Officer
Page 26 of 26
