SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
TrizecHahn Corporation
-------------------------------------------------------------------------------
(Name of Issuer)
Subordinate Voting Shares
-------------------------------------------------------------------------------
(Title of Class of Securities)
896938107
-------------------------------------------------------------------------------
(CUSIP Number)
Jeremiah W. O'Connor, Jr.
The O'Connor Group
399 Park Avenue
New York, NY 10022
(212) 308-7700
with a copy to:
Roger D. Turner, Esq.
Cravath, Swaine & Moore
Worldwide Plaza
825 Eighth Avenue
New York, NY 10019
-------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
May 31, 2000
-------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Amendment)
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 ss.ss.240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box o.
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. Seess.240.13d-7(b) for
other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter 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, as amended (the "Act"), or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
1
<PAGE>
CUSIP No. 896938107
1 Name of Reporting Persons
IRS Identification Nos. of Above Persons (entities only)
Argo TZH Shareholdings, LLC
06-1577882
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
3 SEC Use Only
4 Source of Funds
OO
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
-------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 9,887,811
Beneficially
Owned by Each
Reporting
Person with
8 Shared Voting Power
9 Sole Dispositive Power
9,887,811
10 Shared Dispositive Power
-------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
9,887,811
12 Check Box If the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions) [ ]
13 Percent of Class Represented by Amount in Row (11)
6.56%, based on the number of Subordinated Voting Shares outstanding
as of February 29, 2000
14 Type of Reporting Person (See Instructions)
PN
-------------------------------------------------------------------------------
2
<PAGE>
CUSIP No. 896938107
1 Name of Reporting Persons
IRS Identification Nos. of Above Persons (entities only)
Argo Partnership, L.P.
13-3747194
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
3 SEC Use Only
4 Source of Funds
OO
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
-------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 9,887,811
Beneficially
Owned by Each
Reporting
Person with
8 Shared Voting Power
9 Sole Dispositive Power
9,887,811
10 Shared Dispositive Power
-------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
9,887,811
12 Check Box If the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions) [ ]
13 Percent of Class Represented by Amount in Row (11)
6.56%, based on the number of Subordinated Voting Shares outstanding
as of February 29, 2000
14 Type of Reporting Person (See Instructions)
PN
3
<PAGE>
CUSIP No. 896938107
1 Name of Reporting Persons
IRS Identification Nos. of Above Persons (entities only)
Argo Management Company, L.P.
13-3751561
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
3 SEC Use Only
4 Source of Funds
AF
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
-------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 9,887,811
Beneficially
Owned by Each
Reporting
Person with
8 Shared Voting Power
9 Sole Dispositive Power
9,887,811
10 Shared Dispositive Power
-------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
9,887,811
12 Check Box If the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions) [ ]
13 Percent of Class Represented by Amount in Row (11)
6.56%, based on the number of Subordinated Voting Shares outstanding
as of February 29, 2000
14 Type of Reporting Person (See Instructions)
PN
4
<PAGE>
CUSIP No. 896938107
1 Name of Reporting Persons
IRS Identification Nos. of Above Persons (entities only)
O'Connor Capital Partners, L.P.
13-3747190
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
3 SEC Use Only
4 Source of Funds
AF
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
-------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 9,887,811
Beneficially
Owned by Each
Reporting
Person with
8 Shared Voting Power
9 Sole Dispositive Power
9,887,811
10 Shared Dispositive Power
-------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
9,887,811
12 Check Box If the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions) [ ]
13 Percent of Class Represented by Amount in Row (11)
6.56%, based on the number of Subordinated Voting Shares outstanding
as of February 29, 2000
14 Type of Reporting Person (See Instructions)
PN
5
<PAGE>
CUSIP No. 896938107
1 Name of Reporting Persons
IRS Identification Nos. of Above Persons (entities only)
O'Connor Capital Incorporated
13-3708170
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
3 SEC Use Only
4 Source of Funds
AF
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
-------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 9,887,811
Beneficially
Owned by Each
Reporting
Person with
8 Shared Voting Power
9 Sole Dispositive Power
9,887,811
10 Shared Dispositive Power
-------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
9,887,811
12 Check Box If the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions) [ ]
13 Percent of Class Represented by Amount in Row (11)
6.56%, based on the number of Subordinated Voting Shares outstanding
as of February 29, 2000
14 Type of Reporting Person (See Instructions)
CO
6
<PAGE>
CUSIP No. 896938107
1 Name of Reporting Persons
IRS Identification Nos. of Above Persons (entities only)
J.W. O'Connor & Co. Incorporated
13-3165788
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
3 SEC Use Only
4 Source of Funds
AF
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
-------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 9,887,811
Beneficially
Owned by Each
Reporting
Person with
8 Shared Voting Power
9 Sole Dispositive Power
9,887,811
10 Shared Dispositive Power
-------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
9,887,811
12 Check Box If the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions) [ ]
13 Percent of Class Represented by Amount in Row (11)
6.56%, based on the number of Subordinated Voting Shares outstanding
as of February 29, 2000
14 Type of Reporting Person (See Instructions)
CO
7
<PAGE>
CUSIP No. 896938107
1 Name of Reporting Persons
IRS Identification Nos. of Above Persons (entities only)
Jeremiah W. O'Connor, Jr.
2 Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
3 SEC Use Only
4 Source of Funds
AF
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
-------------------------------------------------------------------------------
7 Sole Voting Power
Number of
Shares 9,887,811
Beneficially
Owned by Each
Reporting
Person with
8 Shared Voting Power
9 Sole Dispositive Power
9,887,811
10 Shared Dispositive Power
-------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person
9,887,811
12 Check Box If the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions) [ ]
13 Percent of Class Represented by Amount in Row (11)
6.56%, based on the number of Subordinated Voting Shares outstanding
as of February 29, 2000
14 Type of Reporting Person (See Instructions)
IN
8
<PAGE>
Item 1. Security and Issuer
This Amendment No. 2 to Statement on Schedule 13D (as amended, the
"Statement"), amends the Statement on Schedule 13D previously filed by the
Reporting Persons (as defined in Item 2), relating to the Subordinate Voting
Shares of TrizecHahn Corporation, a corporation organized under the laws of
Ontario, Canada (the "Company"). The principal executive offices of the
Company are located at BCE Place, 181 Bay Street, Suite 3900, Toronto,
Ontario, Dominion of Canada M5J 2T3.
Item 2. Identity and Background
No change.
Item 3. Source and Amount of Funds or Other Consideration
No change.
Item 4. Purpose of Transaction
The 9,887,811 Subordinated Voting Shares of the Company (the
"Shares") were acquired for investment purposes and the Shares continue to be
held by Argo TZH Shareholdings, LLC ("Shareholdings") for such purpose. Mr.
O'Connor and Mr. Thomas S. Quinn III are members of the Company's Board of
Directors as representatives of Shareholdings. The current term of the
directorship of Mr. O'Connor will expire in 2003 and the current term of the
directorship of Mr. Quinn will expire in 2002. Shareholdings does not have any
contractual or other right to designate any successors or replacements of such
directors.
As of May 31, 2000, certain members of Shareholdings have elected to
redeem their membership interests in Shareholdings and in connection therewith
Shareholdings has distributed to such members as of May 31, 2000 an aggregate
of 6,328,910 Shares from the 16,216,721 Shares previously owned by it, leaving
an aggregate of 9,887,811 Shares owned by Shareholdings. Such distribution was
effected pursuant to the limited liability company agreement of Shareholdings,
and the consideration therefor was the complete redemption of the membership
interests in Shareholdings held by the electing members. It is possible that
additional members of Shareholdings will make similar elections from time to
time but as of May 31, 2000 no other additional members of Shareholdings have
done so.
It is possible that members of Shareholdings that receive Shares
pursuant to the elections described herein will acquire their Shares for
purposes other than investment purposes, and that the reporting requirements
and transfer restrictions, if any, applicable to such members with respect to
such Shares will differ from those applicable to the Reporting Persons.
Item 5. Interest in Securities of the Issuer
(a)-(b) Each of the Reporting Persons is the beneficial owner of the
Shares, which represent approximately 6.56% of the outstanding Subordinated
Voting Shares of the Company (based upon the number of Subordinated Voting
Shares outstanding on February 29, 2000). Shareholdings has the sole power to
vote and dispose of the Shares and each of the other Reporting Persons has the
sole power to direct the vote and disposition of the Shares.
(c)-(d) Except as set forth herein, none of the Reporting Persons
nor, to the best knowledge of the Reporting Persons, any of the persons listed
on Schedule 1 hereto, beneficially owns or has a right to acquire directly or
indirectly any securities of the Company. None of the Reporting Persons nor,
to the best knowledge of the Reporting Persons, any of the persons listed on
Schedule 1 hereto has effected any transactions in the securities of the
Company during the past 60 days except as set forth in Item 4 of this
Statement.
9
<PAGE>
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
No change.
Item 7. Material to Be Filed as Exhibits
None.
SIGNATURE
After due 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: June 9, 2000
ARGO TZH SHAREHOLDINGS, LLC
By: ARGO MANAGEMENT COMPANY, L.P., its
Manager,
By: O'CONNOR CAPITAL PARTNERS, L.P., its
General Partner,
By: O'CONNOR CAPITAL INCORPORATED, its
General Partner,
By:
/s/ Jeremiah W. O'Connor, Jr.
-------------------------------------
Name: Jeremiah W. O'Connor, Jr.
Title: Chairman and Chief Executive
Officer
ARGO PARTNERSHIP, L.P.,
By: ARGO MANAGEMENT COMPANY, L.P., its
General Partner,
By: O'CONNOR CAPITAL PARTNERS, L.P., its
General Partner,
By: O'CONNOR CAPITAL INCORPORATED, its
General Partner,
By:
/s/ Jeremiah W. O'Connor, Jr.
-------------------------------------
Name: Jeremiah W. O'Connor, Jr.
Title: Chairman and Chief Executive
Officer
10
<PAGE>
ARGO MANAGEMENT COMPANY, L.P.,
By: O'CONNOR CAPITAL PARTNERS, L.P., its
General Partner,
By: O'CONNOR CAPITAL INCORPORATED, its
General Partner,
By:
/s/ Jeremiah W. O'Connor, Jr.
------------------------------------
Name: Jeremiah W. O'Connor, Jr.
Title: Chairman and Chief Executive
Officer
O'CONNOR CAPITAL PARTNERS, L.P.,
By: O'CONNOR CAPITAL INCORPORATED, its
General Partner,
By:
/s/ Jeremiah W. O'Connor, Jr.
------------------------------------
Name: Jeremiah W. O'Connor, Jr.
Title: Chairman and Chief Executive
Officer
O'CONNOR CAPITAL INCORPORATED,
By:
/s/ Jeremiah W. O'Connor, Jr.
------------------------------------
Name: Jeremiah W. O'Connor, Jr.
Title: Chairman and Chief Executive
Officer
J.W. O'CONNOR & CO. INCORPORATED,
By:
/s/ Jeremiah W. O'Connor, Jr.
------------------------------------
Name: Jeremiah W. O'Connor, Jr.
Title: Chairman and Chief Executive
Officer
/s/ Jeremiah W. O'Connor, Jr.
------------------------------------
Jeremiah W. O'Connor, Jr.
11
<PAGE>
SCHEDULE 1
Directors and Executive Officers of J.W. O'Connor & Co. Incorporated
--------------------------------------------------------------------
The name, present principal occupation and business address of each
of the directors and executive officers of J.W. O'Connor & Co. Incorporated
("OCINC") are set forth below. Each of the directors and executive officers of
OCINC is a United States citizen.
<TABLE>
<CAPTION>
Name Present Principal Occupation Business Address
---- ---------------------------- ----------------
<S> <C> <C>
Jeremiah W. O'Connor, Jr Director and Chairman of the 399 Park Avenue
Board of OCINC. New York, NY 10022
Thomas E. Quinn Executive Vice President and Chief 399 Park Avenue
Financial Officer of OCINC. New York, NY 10022
Irwin J. Blitt Private Investor 8900 State Line
Leawood, KS 66206
Lynn Davenport Senior Vice President and Chief 7620 Market Street
Financial Officer of The Edward J. Youngstown, OH 44515-9128
DeBartolo Corporation
William O'Connor Vice President of O'Connor Global 60 Victoria Embankment
Services Limited London, EC4Y 0JP
ENGLAND
Bruce J. McCowan Private Investor Cinco Avenida Sur #19
Antigua, Guatemala
Roger D. Turner Partner, Cravath, Swaine & Moore 825 Eighth Avenue
New York, NY 10019
</TABLE>
12
