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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Amendment No. 7
CKE RESTAURANTS, INC.
---------------------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
485636104
(CUSIP Number)
William P. Foley, II
President
Bogner Regis, Inc.
3811 W. Charleston, Suite 210
Las Vegas, Nevada 89102
(702) 877-3003
May 22,1996
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 3d-l(b) (3) or (4), check the following [ ].
Check the following box if a fee is being paid with the statement [ ].
Page 1 of 7 Pages
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CUSIP NO.: 405636104
(1) NAME OF REPORTING PERSON:
Cannae Limited Partnership, a Nevada Limited Partnership
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
I.R.S. No. 88-0309448
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) X (b)
(3) SEC USE ONLY
(4) SOURCE OF FUNDS:
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 3(d) or 3(e)
(6) CITIZENSHIP OR PLACE OF ORGANIZATION: Nevada
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
(7) SOLE VOTING POWER: 3,308,502
(8) SHARED VOTING POWER: 0
(9) SOLE DISPOSITIVE POWER: 3,308,502
(10) SHARED DISPOSITIVE POWER: 0
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 3,308,502
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES: X
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 17.8
(14) TYPE OF REPORTING PERSON: PN
Page 2 of 7 Pages
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1. Name of Reporting Person:
Folco Development Corporation, a Nevada corporation
Daniel V., Inc., a Nevada corporation
Daniel D. Lane Revocable Trust, u/d/t 7/10/92
Frank P. Willey
Ce Mar Las Vegas X, Inc., a Nevada corporation
Berry Living Trust, u/d/t/ 11/5/87
Salvatore Family Trust, u/d/t 11/2/81
Max Hickman
The Calinda Family Trust, u/d/t 10/22/93
Wayne Diaz
Carl A. Strunk
Ronald B. and Linda P. Maggard Family Trust
Daniel M. Culnane
2. (a) X (b)
4. Source of Funds:
6. CITIZENSHIP OR PLACE OF ORGANIZATION:
Folco - Nevada Ce Mar - Nevada
Daniel V. - Nevada Berry Trust - California
Lane Trust - Nevada Salvatore Trust - California
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
(7) SOLE VOTING POWER: 3,622,252
(8) SHARED VOTING POWER: 0
(9) SOLE DISPOSITIVE POWER: 3,622,252
(10) SHARED DISPOSITIVE POWER: 0
11. Aggregate Amount Beneficially Owned by Each Reporting Person: 3,622,252
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES: X
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 19.49
14. TYPE OF REPORTING PERSON: CO IN CO-TRUST
Page 3 of 7 Pages
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The Schedule 13D of Cannae Limited Partnership, a Nevada Limited
Partnership (the "Partnership") with respect to shares of common stock, par
value $.01 per share (the "CKE common stock") of CKE Restaurants, Inc., a
Delaware corporation ("CKE") (the "Partnership 13D"), is hereby amended as set
forth below. As stated in the last paragraph of Item 2 of the Restated
Schedule 13D and Amendment No. 2, dated December 10, 1993, of Folco Development
Corporation, a Nevada corporation, ("Folco"), Daniel V., Inc., a Nevada
Corporation, the Daniel D. Lane Revocable Trust, u/d/t 7/10/92, Frank P.
Willey, Ce Mar Las Vegas X, Inc., a Nevada corporation, the Berry Living Trust,
u/d/t 11/3/87, the Salvatore Family Trust, u/d/t 11/8/91, Max Hickman, The
Calinda Family Trust, u/d/t 10/22/93, Wayne Diaz, Carl A. Strunk, Ronald B. and
Linda P. Maggard Family Trust and Daniel M. Culnane (collectively, the "Other
Filing Persons") with respect to CKE common stock, this Amendment No. 7 to the
Partnership 13D discloses and updates information with respect to the Other
Filing Persons. All capitalized terms used herein without definition have the
definitions given to such terms in the Partnership 13D.
Item 3 - Source and Amount of Funds or Other Consideration
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The transaction giving rise to this Amendment No. 7 to the Partnership
13D is the sale by The Partnership of 100,000 shares of CKE common stock on
May 22, 1996 for an aggregate sale price of $2,541,911.29 (net of brokerage
commissions).
Item 5 - Interest in Securities of Issuer
--------------------------------
The Partnership controls (directly and indirectly), excluding shares of
CKE common stock owned by the Karchers and the Karcher Trust, approximately
3,308,502 shares or approximately 17.8 percent of CKE common stock. In
addition to shares owned directly by the Partnership, Class B Limited Partners
own the following: Folco owns directly 263,750 shares or approximately 1.4
percent of CKE common stock, and Daniel and the Daniel D. Lane Revocable Trust
u/d/t July 10, 1992, of which the President of Daniel is the Trustee, own
directly in the aggregate 50,000 shares or approximately .3 percent of CKE
common stock. With respect to share and percentage ownership of CKE common
stock by the Trust and the Karchers, reference is made to Amendment No. 2 to
Schedule 13D dated December 10, 1993 filed by such persons.
Page 4 of 7 Pages
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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.
May 22, 1996
Cannae Limited Partnership
By: Bogner Regis, Inc., its
General Partner
By: /s/ WILLIAM P. FOLEY, II
--------------------------------
William P. Foley, II
President
Folco Development Corporation
By: /s/ WILLIAM P. FOLEY, II
--------------------------------
William P. Foley, II
President
/s/ DANIEL D. (RON) LANE
--------------------------------
Daniel D. (Ron) Lane, as Trustee
of the Daniel D. Lane Revocable
Trust u/d/t July 10, 1992
By: /s/ FRANK P. WILLEY
--------------------------------
Frank P. Willey
Page 5 of 7 Pages
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Ce Mar Las Vegas X, Inc.
By: /s/ ADAM DEVONE
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Adam DeVone
President
/s/ ROBERT L. BERRY
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Robert L. Berry as Trustee of
the Berry Living Trust u/d/t
November 5, 1987
/s/ NANCY L. BERRY
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Nancy L. Berry, as Trustee of
the Berry Living Trust u/d/t
November 5, 1987
/s/ MAX HICKMAN
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Max Hickman
/s/ VINCE J. SALVATORE
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Vince J. Salvatore, as Trustee of
the Salvatore Family Trust u/d/t
November 8, 1991
/s/ ANNA M. SALVATORE
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Anna M. Salvatore, as Trustee of
the Salvatore Family Trust u/d/t
November 8, 1991
/s/ LAURENCE CALINDA
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Laurence Calinda, The Calinda Family
Trust, Dated October 22, 1993
/s/ WAYNE DIAZ
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Wayne Diaz
Page 6 of 7 Pages
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/s/ CARL A. STRUNK
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Carl A. Strunk
/s/ RONALD B. MAGGARD
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Ronald B. Maggard as Trustee
of the Ronald B. and Linda P.
Maggard Family Trust
/s/ DANIEL M. CULNANE
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Daniel M. Culnane
Page 7 of 7 Pages
