<PAGE>
Page 1 of 18 Pages
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
----------------
Amendment No. 3
to
SCHEDULE 13D
Under the Securities Exchange Act of 1934
IPC Information Systems, Inc.
(Name of Issuer)
Common Stock
$.01 par value
(Title of Class of Securities)
----------------
44980K107
(CUSIP Number)
Cable Systems Holding, LLC
(Name of Person Filing Statement)
Philip H. Werner, Esq.
Morgan, Lewis & Bockius LP
101 Park Avenue
New York, New York 10178
Tel. No.: 212- 309-6000
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
April 30, 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: / /
================================================================================
<PAGE>
- ------------------- -------------------
CUSIP No. 44980K107 13D Page 2 of 18 Pages
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Cable Systems Holding, LLC ("CSH LLC")
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DE
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 2,462,887
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING ------------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
2,462,887
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,462,887
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
64.65%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------- -------------------
CUSIP No. 44980K107 13D Page 3 of 18 Pages
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Cable Systems Holding Company
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DE
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
758,095
NUMBER OF ------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH
758,095
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
758,095
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.9%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------- -------------------
CUSIP No. 44980K107 13D Page 4 of 18 Pages
- ------------------- -------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Cable Systems International, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DE
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
758,095
------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 758,095
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
758,095
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.9%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------- -------------------
CUSIP No. 44980K107 13D Page 5 of 18 Pages
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Peter A. Woog
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
758,095
------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 758,095
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
758,095
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* /X/
Excludes 1,704,792 shares owned directly by CSH LLC.
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.9%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------- -------------------
CUSIP No. 44980K107 13D Page 6 of 18 Pages
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Woog Family Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
758,095
------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 758,095
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
758,095
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* /X/
Excludes 1,704,792 shares held directly by CSH LLC.
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.9%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------- -------------------
CUSIP No. 44980K107 13D Page 7 of 18 Pages
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
David Kirby
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------- -------------------
CUSIP No. 44980K107 13D Page 8 of 18 Pages
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
John O'Mara
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
US
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- ------------------- -------------------
CUSIP No. 44980K107 13D Page 9 of 18 Pages
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Arizona Acquisition Corp.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
Not applicable
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) / /
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DE
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
------------------------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 0
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
This Amendment No. 3 amends the Schedule 13D and each of Amendment
No.1 and Amendment No. 2 thereto filed by CSH LLC, Arizona Acquisition Corp.,
John O'Mara and David Kirby on December 29, 1997, December 30, 1997 and April
27, 1998, respectively. Information in prior amendments and the original
Schedule 13D remains in effect except to the extent that it is superseded by the
information contained in this Amendment No. 3. Information given in response to
each item shall be deemed incorporated by reference in all other items.
ITEM 1. SECURITY AND ISSUER.
The class of equity securities to which this statement relates is the
common stock, $0.01 par value per share (the "Shares"), of IPC Information
Systems, Inc., a Delaware corporation ("IPC"). The principal executive offices
of IPC Information Systems, Inc. are located at 88 Pine Street, New York, New
York 10005.
ITEM 2. IDENTITY AND BACKGROUND.
This Schedule 13D is being filed jointly on behalf of the following
persons (collectively, the "Reporting Persons"): (i) Cable Systems Holding,
LLC, a Delaware limited liability company ("CSH LLC"); (ii) Cable Systems
Holding Company, a Delaware Corporation ("CSH"); (iii) Cable Systems
International, Inc., a Delaware corporation ("CSI"); (iv) Peter A. Woog
("Woog"); (v) the Woog Family Limited Partnership (the "Woog Partnership"); (vi)
David Kirby ("Kirby"); (vii) John O'Mara ("O'Mara") and (viii) Arizona
Acquisition Corp. ("AAC").
CSH LLC is a Delaware limited liability company which engages in
certain telecommunication businesses through its subsidiaries.
CSH is a Delaware corporation which owns 100% of the outstanding
capital stock of CSI (see description below) and a majority of the capital stock
of LoDan Electronics Incorporated ("LoDan"), a leading edge supplier of
high-quality, high-performance cable assemblies and electronic sub-assemblies to
a number of the world's largest electronic and communications equipment
providers.
CSI is a Delaware corporation which manufactures a wide variety of
copper telephone cable, outside telephone wire and inside (or premises) wire
products, ranging in size from a single twisted pair wire to a 4,200 pair cable.
The Woog Partnership is an Arizona limited partnership of which Woog
is the general partner, which owns certain securities of CSH LLC.
AAC, a Delaware corporation, was a transitory merger subsidiary formed
for the purposes of the transaction described in Item 4 below. AAC merged with
and into IPC on April 30, 1998 with IPC as the Surviving Corporation.
The name, business address, citizenship, present principal occupation
or employment and the name and business address of any corporation or
organization in which each such employment is conducted of each executive
officer or member of the Board of Directors of CSH LLC, CSI and CSH are set
forth on Schedules A through C, respectively, attached hereto.
The business address of the Woog Partnership is c/o Peter A. Woog,
General Partner, c/o Cable Systems International, Inc., 505 North 51st Avenue,
Phoenix, Arizona 85043-2701.
-10-
<PAGE>
Woog's business address is c/o Cable Systems International, Inc., 505
North 51st Avenue, Phoenix, Arizona 85043-2701. Woog is a U.S. citizen. His
present principal occupation is President and Chief Executive Officer of CSI and
CSH and Manager of CSH LLC. He serves as Chairman of the Board of Directors of
IPC and is a director of CSH, CSI, LoDan, the Arizona Association of Industries
and the Samaritan Health System.
Kirby's business address is 24 Father Peter's Lane, New Canaan, CT,
06840 and he is a U.S. citizen. Kirby's present principal occupation is a
private investor/financial advisor.
O'Mara's business address is 623 Lake Avenue, Greenwich, CT, 06830 and
he is a U.S. citizen. O'Mara's present principal occupation is a private
investor/consultant. He serves on the Board of Directors of Baldwin & Lyons
Inc., The Midland Company, Plantronics Inc., Glenoit Inc., The Garden Companies,
Condere Inc., and Purcell Industries.
In addition, members of CSH LLC holding certain classes of securities
are entitled to exercise jointly decision-making authority with respect to
1,704,792 Shares held by CSH LLC. Information with respect to such persons is
also set forth on Schedule A hereto.
During the past five (5) years, neither any of the Reporting Persons
nor, to the best knowledge of any of the Reporting Persons, any of the other
persons listed on Schedules A through C attached hereto, has been (i) convicted
in a criminal proceeding (excluding traffic violations or similar misdemeanors)
or (ii) a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to United States federal or state securities
laws or finding any violation with respect to such laws.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
On April 30, 1998, CSH LLC purchased 1,704,792 shares of Common Stock
of AAC, par value $.01 per share (the "AAC Common Stock") at a price of $21.00
per share for a total purchase price of $35,800,632.00, which proceeds were
derived from capital contributions to CSH LLC.
On April 30, 1998, CSI purchased 758,095 shares of AAC Common Stock at
a price of $21.00 per share for a total purchase price of $15,919,995.00, which
proceeds were derived from working capital and the proceeds of a loan issued
pursuant to a Credit Agreement, dated as of October 4, 1996, by and among CSI,
CSH, the Lenders (as defined therein), Merrill Lynch & Co., as arranger and
syndication agent, and NationsBank of Texas, N.A., as administrative agent for
the Lenders.
See Item 4 below for a description of the merger of AAC with and into
IPC.
ITEM 4. PURPOSE OF TRANSACTION.
On December 18, 1997, IPC and AAC entered into the Agreement and Plan
of Merger, which was amended on April 9, 1998 (the "Merger Agreement," a copy of
which was previously filed with the Securities Exchange Commission ("SEC") as
Exhibit 2 to Amendment No. 2 to this Schedule 13D on April 27, 1998, and is
incorporated herein by reference). The Merger Agreement provided, among other
things, for the merger of AAC with and into IPC (the "Merger"), with IPC as the
surviving corporation (the "Surviving Corporation"). The transactions
contemplated by the Merger Agreement (the "Transactions") were approved by the
shareholders of IPC and were consummated, in each case, on April 30, 1998 (the
"Effective Time").
-11-
<PAGE>
The Amended and Restated Investors Agreement, dated as of April 9,
1998, by and among CSH LLC, CSI, Richard Kleinknecht, David Walsh, Anthony
Servidio and Lawrence, Smith & Horey III, L.P. ("LSH") (the "Investors
Agreement," a copy of which was previously filed with the SEC as Exhibit 3 to
Amendment No. 2 to this Schedule 13D on April 27, 1998, and is incorporated
herein by reference) became in full force and effect as of the Effective Time.
As a result of the Investors Agreement, the Reporting Persons may constitute a
group with Messrs. Kleinknecht, Walsh and Servidio and LSH.
Immediately after the Effective Time, 1,203,780 Shares, representing
approximately 31.6% of the Surviving Corporation, are held by the public
shareholders, including Richard P. Kleinknecht, 758,095 Shares, representing
approximately 19.9% of the Surviving Corporation, are held by CSI, 1,704,792
Shares, representing approximately 44.75% of the Surviving Corporation, are held
by CSH LLC and 142,857 Shares, representing approximately 3.75% of the Surviving
Corporation, are held by LSH. As a result of the Transactions, CSH LLC and its
affiliates, including the Reporting Persons, control IPC.
CSH LLC may from time to time effect acquisitions in the open market.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
The information set forth in Items 7-13 of each of the cover sheets
filed herewith is incorporated by reference in response to this Item.
Pursuant to the terms of the Merger Agreement, on April 30, 1998, IPC
filed a Certificate of Merger with the Secretary of State of the State of
Delaware, and the Merger was effective as of the filing of such certificate.
Immediately prior to the Effective Time, CSH LLC purchased 1,704,792
shares of AAC Common Stock at a price of $21.00 per share for a total purchase
price of $35,800,632.00. By virtue of the Merger on April 30, 1998, CSH LLC
beneficially owned 1,704,792 Shares, representing approximately 44.75% of the
Surviving Corporation, at the Effective Time. As stated above, decision-making
with respect to these Shares is controlled by three members of CSH LLC, acting
jointly. Accordingly, the reported beneficial ownership of Woog and the Woog
Partnership excludes these Shares.
Immediately prior to the Effective Time, CSI purchased 758,095 shares
of AAC Common Stock at a price of $21.00 per share for a total purchase price of
$15,919,995.00. By virtue of the Merger on April 30, 1998, CSI beneficially
owned 758,095 Shares, representing approximately 19.9% of the Surviving
Corporation, at the Effective Time.
CSI is a wholly-owned subsidiary of CSH. CSH LLC owns 56,685.64
shares of Class A Common Stock of CSH, representing approximately 52.08% of the
outstanding shares of Class A Common Stock of CSH. The Woog Partnership owns
51% of the voting interests in CSH LLC attributable to CSH having the rights and
obligations specified with respect to CSH Class A Common Units. Woog is the
general partner of the Woog Partnership.
CSH, Woog and Woog Partnership may be deemed, for purposes of Rule
13d-3 promulgated under the Exchange Act, to beneficially own indirectly 758,095
Shares that may be deemed to be owned beneficially by CSI. The aggregate
beneficial ownership of CSH LLC (both direct and indirect) is 2,462,887, or
64.65% of the outstanding class.
-12-
<PAGE>
From and after the time of the Merger, O'Mara, Kirby and AAC are not
beneficial owners of more than five percent of the outstanding class of Shares,
and therefore such persons are no longer Reporting Persons. See also Schedule A
attached hereto.
Promptly after the Effective Time, Walsh exchanged 336 shares of
Common Stock, par value $.01 per share of International Exchange Networks, Ltd.
("IXnet Common Stock") (now a wholly-owned subsidiary of IPC), for 137,143
shares of Surviving Corporation Common Stock and Servidio exchanged 224 shares
of IXnet Common Stock for 91,427 shares of Surviving Corporation Common Stock
pursuant to the Share Exchange and Termination Agreement, dated as of December
18, 1997, by and among IPC, International Exchange Networks, Ltd., Walsh and
Servidio. After giving effect to this exchange, CSH LLC owns approximately
42.22% of the Surviving Corporation and CSI owns approximately 18.77% of the
Surviving Corporation.
ITEM 6. Contracts, Arrangements, Understandings or Relationships
With Respect to Securities of the Issuer.
See response to Item 4.
Each of the Merger Agreement and Investors Agreement, which were
previously filed with the SEC as Exhibits 2 and 3, respectively, to Amendment
No. 2 to Schedule 13D on April 27, 1998, is incorporated herein by reference.
Except for the agreements described in the response to Item 4, and
except as disclosed previously in the original Schedule 13D and Amendments No.1
and 2 thereto, as filed by CSH LLC, Arizona Acquisition Corp., John O'Mara and
David Kirby with the SEC on December 29, 1997, December 30, 1997 and April 27,
1998, respectively, to the best knowledge of the Reporting Persons, there are no
contracts, arrangements, understandings or relationships (legal or otherwise)
between the persons enumerated in Item 2, and any other person, with respect to
any securities of IPC, including, but not limited to, transfer or voting
arrangements, puts or calls, guarantees of profits, division of profits or loss,
or the giving or withholding of proxies.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit 1: Joint Filing Agreement among the Reporting Persons
Exhibit 2: Amended and Restated Agreement and Plan of Merger, dated
as of December 18, 1998 as amended and restated on April 9, 1998, by and between
IPC Information Systems, Inc. and Arizona Acquisition Corp. (incorporated by
reference to Amendment No. 2 to Schedule 13D as filed with the SEC on April 27,
1998).
Exhibit 3: Amended and Restated Investors Agreement, dated as of
April 9, 1998, by and among Cable Systems Holding, LLC, Cable Systems
International, Inc., Richard Kleinknecht, David Walsh, Anthony Servidio and
Lawrence, Smith & Horey III, L.P. (incorporated by reference to Amendment No. 2
to Schedule 13D as filed with the SEC on April 27, 1998).
-13-
<PAGE>
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: May 20, 1998
Cable Systems Holding, LLC
By: /s/ Peter A. Woog
-----------------------------
Name: Peter A. Woog
Title: Manager
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: May 20, 1998
Cable Systems Holding Company
By: /s/ Peter A. Woog
-----------------------------
Name: Peter A. Woog
Title: President & CEO
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: May 20, 1998
Cable Systems International, Inc.
By: /s/ Peter A. Woog
-----------------------------
Name: Peter A. Woog
Title: President & CEO
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: May 20, 1998
By: /s/ Peter A. Woog
-----------------------------
Name: Peter A. Woog
-14-
<PAGE>
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: May 20, 1998
Woog Family Limited Partnership
By: /s/ Peter A. Woog
-----------------------------
Name: Peter A. Woog
Title: General Partner
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: May 20, 1998
/s/ David Kirby
---------------------------------
David Kirby
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: May 20, 1998
/s/ John O'Mara
--------------------------------
John O'Mara
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: May 20, 1998
Arizona Acquisition Corp.
By: /s/ Peter A. Woog
-----------------------------
Name: Peter A. Woog
Title: President
-15-
<PAGE>
Schedule A
Managers
of
Cable Systems Holding, LLC
The names and titles of the Managers of Cable Systems Holding, LLC ("CSH
LLC") and their business addresses and principal occupations are set forth
below. If no address is given, the Manager's business address is that of CSH
LLC at 505 North 51st Avenue, Phoenix, Arizona 85043-2701. Unless otherwise
indicated, each occupation set forth opposite an individual's name refers to CSH
LLC and each individual is a United States citizen.
Name, Business Address Present Principal Occupation
- ---------------------- ----------------------------
Peter A. Woog Manager; President and Chief Executive
Officer of Cable Systems International
Inc.; President and Chief Executive
Officer of Cable Systems Holding Company
Bruce Burkett Manager; Secretary, Treasurer and Chief
Financial Officer of Cable Systems
International, Inc.; Secretary,
Treasurer and Chief Financial Officer of
Cable Systems Holding Company
Members of CSH LLC with authority to make decisions regarding 1,704,792
shares of IPC Common Stock held by CSH LLC:
Name, Business Address Present Principal Occupation
- ---------------------- ----------------------------
David Kirby Private Investor/Consultant
24 Father Peter's Lane
New Canaan, CT 06840
John O'Mara Private Investor/Consultant
623 Lake Avenue
Greenwich, CT 06830
Citicorp Venture Capital, Ltd. A wholly-owned subsidiary of Citibank,
399 Park Avenue, 14th Floor N.A., a national banking association,
New York, NY 10043 which, in turn, is a wholly-owned
subsidiary of Citicorp, a Delaware
corporation
-16-
<PAGE>
Schedule B
Executive Officers and Directors
of
Cable Systems Holding Company
The names of the Directors and the names and titles of the Executive
Officers of Cable Systems Holding Company ("CSH") and their business addresses
and principal occupations are set forth below. If no address is given, the
Director's or Executive Officer's business address is that of CSH at 505 North
51st Avenue, Phoenix, Arizona 85043-2701. Unless otherwise indicated, each
occupation set forth opposite an individual's name refers to CSH and each
individual is a United States citizen.
Name, Business Address Present Principal Occupation
- ---------------------- ----------------------------
Peter A. Woog* President and Chief Executive Officer;
President and Chief Executive Officer of
Cable Systems International, Inc.;
Manager of Cable Systems Holding, LLC.
Bruce Burkett* Secretary, Treasurer and Chief Financial
Officer; Secretary, Treasurer and Chief
Financial Officer of Cable Systems
International, Inc.; Manager of Cable
Systems Holding, LLC
- ------------------
* Director
-17-
<PAGE>
Schedule C
Executive Officers and Directors
of
Cable Systems International, Inc.
The names of the Directors and the names and titles of the Executive
Officers of Cable Systems International, Inc. ("CSI") and their business
addresses and principal occupations are set forth below. If no address is
given, the Director's or Executive Officer's business address is that of CSI at
505 North 51st Avenue, Phoenix, Arizona 85043-2701. Unless otherwise indicated,
each occupation set forth opposite an individual's name refers to CSI and each
individual is a United States citizen.
Name, Business Address Present Principal Occupation
- ---------------------- ----------------------------
Peter A. Woog* President and Chief Executive Officer;
President and Chief Executive Officer of
Cable Systems Holding Company; Manager
of Cable Systems Holding, LLC
Bruce Burkett* Secretary, Treasurer and Chief Financial
Officer; Secretary, Treasurer and Chief
Financial Officer of Cable Systems
Holding Company; Manager of Cable
Systems Holding, LLC
- ------------------
* Director
-18-
<PAGE>
Exhibit 1
Joint Filing Agreement
In accordance with Rule 13d-1(f) under the Securities Exchange Act of 1934,
as amended, each of the persons named below agrees to the joint filing of a
Statement on Schedule 13D (including amendments thereto) with respect to the
common stock, par value $0.01, of IPC Information Systems, Inc., a Delaware
corporation, and further agrees that this Joint Filing Agreement be included as
an exhibit to such filings provided that, as contemplated by Section
13d-1(f)(1)(ii), no person shall be responsible for the completeness or accuracy
of the information concerning the other persons making the filing, unless such
person knows or has reason to believe that such information is inaccurate. This
Joint Filing may be executed in any number of counterparts, all of which
together shall constitute one and the same instrument.
Cable Systems Holding, LLC Woog Family Limited Partnership
By: /s/ Peter A. Woog By: /s/ Peter A. Woog
---------------------------- ----------------------------
Name: Peter A. Woog Name: Peter A. Woog
Title: Manager Title: General Partner
Cable Systems Holding Company Cable Systems International, Inc.
By: /s/ Peter A. Woog By: /s/ Peter A. Woog
---------------------------- ----------------------------
Name: Peter A. Woog Name: Peter A. Woog
Title: President & CEO Title: President and CEO
By: /s/ Peter A. Woog By: /s/ David Kirby
---------------------------- ----------------------------
Name: Peter A. Woog Name: David Kirby
Woog Family Limited Partnership
By: /s/ Peter A. Woog By: /s/ John O'Mara
---------------------------- ----------------------------
Name: Peter A. Woog Name: John O'Mara
Title: General Partner
Arizona Acquisition Corp.
By: /s/ Peter A. Woog
----------------------------
Name: Peter A. Woog
Title: President
