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OMB Number 3235-0145
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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. 2)*
MeriStar Hotels & Resorts, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, Par Value $0.01 Per Share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
589988104
- --------------------------------------------------------------------------------
(CUSIP Number)
Brad R. Okun, Esq.
O'Sullivan, Graev & Karabell, LLP
30 Rockefeller Plaza, 41st Floor
New York, New York 10112
(212) 408-2400
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
December 28, 1999
- --------------------------------------------------------------------------------
(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 that is the subject of this Schedule 13D, and
is filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f)
or 240.13d-1(g), check the following box. [ ]
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Section
240.13d-7 for other parties to whom copies of this statement 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 ("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).
**The total number of shares of Stock reported herein is 6,857,775
shares, which constitutes approximately 21.88% of the total number of
shares outstanding. All ownership percentages set forth herein assume
that there are 31,349,781 shares of Stock outstanding. As of November
8, 1999, there were 29,531,599 shares of the Issuer's Stock
outstanding, as reported on Form 10-Q filed by the Issuer on November
10, 1999.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number.
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SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
- --------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
FW Hospitality, L.P.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) 00 - Contributions From Partners
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
6. Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
Number of 7. Power 764,067(1)
Shares ----------------------------------------------------------------
Beneficially Shared Voting
Owned by Each 8. Power 0
Reporting ----------------------------------------------------------------
Person With Sole
Dispositive
9. Power 764,067(1)
----------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 764,067
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 2.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
(1) Power is exercised through its general partner, Group III 31, L.L.C.
- --------------------------------------------------------------------------------
Page 2 of 34
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SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
- --------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Arbor REIT, L.P.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) 00 - Contributions From Partners
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
6. Citizenship or Place of Organization Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
Number of 7. Power 764,067(1)
Shares ----------------------------------------------------------------
Beneficially Shared Voting
Owned by Each 8. Power 0
Reporting ----------------------------------------------------------------
Person With Sole
Dispositive
9. Power 764,067(1)
----------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 764,067
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 2.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
(1) Power is exercised through its general partner, Group Investors, L.L.C.
- --------------------------------------------------------------------------------
Page 3 of 34
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SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
- --------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
MHX Investors, L.P.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) 00 - Contributions From Partners
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
Number of 7. Power 764,066(1)
Shares ---------------------------------------------------------------
Beneficially
Owned by Each Shared Voting
Reporting 8. Power 0
Person With ---------------------------------------------------------------
Sole
Dispositive
9. Power 764,066(1)
----------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 764,066
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 2.4%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
(1) Power is exercised through its general partner, FW Group Genpar, Inc.
- --------------------------------------------------------------------------------
Page 4 of 34
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SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Cherwell Investors, Inc.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) Not Applicable
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
7. Power 61,912(1)
Number of ---------------------------------------------------------------
Shares Shared Voting
Beneficially 8. Power 0
Owned by Each ---------------------------------------------------------------
Reporting Sole
Person With Dispositive
9. Power 61,912(1)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
---------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 61,912
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 0.2%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
CO
- --------------------------------------------------------------------------------
(1) Power is exercised through its sole stockholder, Acadia Partners, L.P.
- --------------------------------------------------------------------------------
Page 5 of 34
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SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Group 31, Inc.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) Not Applicable
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization Texas
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
Number of 7. Power 4,067(1)
Shares ---------------------------------------------------------------
Beneficially Shared Voting
Owned by Each 8. Power 0
Reporting ---------------------------------------------------------------
Person With Sole
Dispositive
9. Power 4,067(1)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 4,067
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 0.1%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
CO
- --------------------------------------------------------------------------------
(1) Power is exercised by its president and sole shareholder, J. Taylor
Crandall.
- --------------------------------------------------------------------------------
Page 6 of 34
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SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
MC Investment Corporation
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) Not Applicable
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
Number of 7. Power 45(1)
Shares ---------------------------------------------------------------
Beneficially Shared Voting
Owned by Each 8. Power 0
Reporting ---------------------------------------------------------------
Person With Sole
Dispositive
9. Power 45(1)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 45
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) less than 0.1%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
CO
- --------------------------------------------------------------------------------
(1) Power is exercised by its sole stockholder, Penobscot Partners, L.P.
- --------------------------------------------------------------------------------
Page 7 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Penobscot Partners, L.P.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) Not Applicable
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
Number of 7. Power 87,848(1)(2)
Shares ---------------------------------------------------------------
Beneficially Shared Voting
Owned by Each 8. Power 0
Reporting ---------------------------------------------------------------
Person With Sole
Dispositive
9. Power 87,848(1)(2)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 87,848(2)
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 0.3%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
(1) Power is exercised by its sole general partner, PTJ Merchant Banking
Partners, L.P.
(2) Solely in its capacity as the sole stockholder of MC Investment Corporation
with respect to 45 shares of Stock.
- --------------------------------------------------------------------------------
Page 8 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
- --------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
PTJ Merchant Banking Partners, L.P.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) Not Applicable
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
Number of 7. Power 204,514(1)(2)
Shares ---------------------------------------------------------------
Beneficially Shared Voting
Owned by Each 8. Power 0
Reporting ---------------------------------------------------------------
Person With Sole
Dispositive
9. Power 204,514(1)(2)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 204,514(2)
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 0.7%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
(1) Power is exercised by its managing general partner, PTJ, Inc.
(2) Solely in its capacity as the sole general partner of Penobscot Partners,
L.P. with respect to 87,848 shares of Stock.
- --------------------------------------------------------------------------------
Page 9 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
J. Taylor Crandall
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) PF
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization USA
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
7. Power 1,030,493(1)
Number of ---------------------------------------------------------------
Shares Shared Voting
Beneficially 8. Power 0
Owned by Each ---------------------------------------------------------------
Reporting Sole
Person With Dispositive
9. Power 1,030,493(1)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 1,030,493(1)
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 3.3%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
IN
- --------------------------------------------------------------------------------
(1) Solely in his capacity as (i) president and sole shareholder of Acadia
MGP, Inc., in its capacity as the controlling entity of Acadia Partners,
L.P., with respect to 61,912 shares of Stock owned directly by Cherwell
Investors, Inc., (ii) president and sole shareholder of Group 31, Inc.
with respect to 4,067 shares of Stock, (iii) president and sole
stockholder of PTJ, Inc., in its capacity as general partner of PTJ
Merchant Banking Partners, L.P., with respect to 204,514 shares of Stock,
and (iv) sole member of Group III 31, L.L.C., in its capacity as general
partner of FW Hospitality, L.P., with respect to 764,067 shares of stock.
- --------------------------------------------------------------------------------
Page 10 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Capital Partnership
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) Not Applicable
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization Texas
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
7. Power 45,754(1)
Number of ---------------------------------------------------------------
Shares Shared Voting
Beneficially 8. Power 0
Owned by Each ---------------------------------------------------------------
Reporting Sole
Person With Dispositive
9. Power 45,754(1)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 45,754
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) less than 0.1%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
(1) Power is exercised by its managing partner, Margaret Lee Bass 1980 Trust.
- --------------------------------------------------------------------------------
Page 11 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Keystone, Inc.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) Not Applicable
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization Texas
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
7. Power 193,367(1)
Number of ---------------------------------------------------------------
Shares Shared Voting
Beneficially 8. Power 0
Owned by Each ---------------------------------------------------------------
Reporting Sole
Person With Dispositive
9. Power 193,367(1)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 193,367
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 0.6%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
CO
- --------------------------------------------------------------------------------
(1) Power is exercised through its president and sole director, Robert M. Bass.
- --------------------------------------------------------------------------------
Page 12 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
- --------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Robert M. Bass
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) PF
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization USA
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
7. Power 270,885(1)
Number of ---------------------------------------------------------------
Shares Shared Voting
Beneficially 8. Power 0
Owned by Each ---------------------------------------------------------------
Reporting Sole
Person With Dispositive
9. Power 270,885(1)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 270,885(1)
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 0.9%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
IN
- --------------------------------------------------------------------------------
(1) Solely in his capacity as president and sole director of Keystone, Inc. with
respect to 193,367 shares of Stock.
- --------------------------------------------------------------------------------
page 13 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
- --------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Oak Hill Capital Partners, L.P.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) OO- Contributions from Partners
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
7. Power 3,545,455 (1)
Number of ---------------------------------------------------------------
Shares Shared Voting
Beneficially 8. Power 0
Owned by Each ---------------------------------------------------------------
Reporting Sole
Person With Dispositive
9. Power 3,545,455 (1)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 3,545,455 (1)
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 11.3%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
(1) Power is exercised through its general partner, OHCP GenPar, L.P.
- --------------------------------------------------------------------------------
Page 14 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
- --------------------------------------------------------------------------------
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Oak Hill Capital Management Partners, L.P.
- --------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
(b) X
- --------------------------------------------------------------------------------
SEC Use
3. Only
- --------------------------------------------------------------------------------
Source of Funds (See
4. Instructions) OO- Contributions from Partners
- --------------------------------------------------------------------------------
Check if Disclosure of Legal Proceedings Is Required
5. Pursuant to Items 2(d) or 2(e)
- --------------------------------------------------------------------------------
Citizenship or Place of
6. Organization Delaware
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Sole Voting
7. Power 90,909 (1)
Number of ---------------------------------------------------------------
Shares Shared Voting
Beneficially 8. Power 0
Owned by Each ---------------------------------------------------------------
Reporting Sole
Person With Dispositive
9. Power 90,909 (1)
---------------------------------------------------------------
Shared
10. Dispositive Power 0
- --------------------------------------------------------------------------------
Aggregate Amount Beneficially Owned by Each
11. Reporting Person 90,909 (1)
- --------------------------------------------------------------------------------
Check if the Aggregate Amount in Row (11) Excludes Certain
12. Shares (See Instructions)
- --------------------------------------------------------------------------------
Percent of Class Represented by
13. Amount in Row (11) 0.3%
- --------------------------------------------------------------------------------
14. Type of Reporting Person (See Instructions)
PN
- --------------------------------------------------------------------------------
(1) Power is exercised through its general partner, OHCP GenPar, L.P.
- --------------------------------------------------------------------------------
Preliminary Note.
The information contained herein has been adjusted to reflect the
additional purchases of Stock of the Issuer by two members to the group of
reporting persons.
Page 15 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
Item 1 SECURITY AND ISSUER.
This statement relates to shares of common stock, par value $0.01 per
share (the "Stock"), of MeriStar Hotels & Resorts, Inc. (the "Issuer"). The
principal executive offices of the Issuer are located at 1010 Wisconsin Avenue
NW, Washington, D.C. 20007.
Item 2 IDENTITY AND BACKGROUND.
(a) Pursuant to Rule 13d-1(a) of Regulation 13D-G of the General Rules
and Regulations under the Act, the undersigned hereby file this Schedule 13D
Statement on behalf of FW Hospitality, L.P., a Delaware limited partnership
("Hospitality"), Arbor REIT, L.P., a Delaware limited partnership ("Arbor"), MHX
Investors, L.P., a Delaware limited partnership ("MHX"), Cherwell Investors,
Inc., a Delaware corporation ("Cherwell"), Group 31, Inc., a Texas corporation
("Group 31"), MC Investment Corporation, a Delaware corporation ("MCI"),
Penobscot Partners, L.P., a Delaware limited partnership ("Penobscot"), PTJ
Merchant Banking Partners, L.P., a Delaware limited partnership ("PTJ"
Merchant"), J. Taylor Crandall ("Crandall"), Capital Partnership, a Texas
general partnership ("Capital"), Keystone, Inc., a Texas corporation
("Keystone"), Robert M. Bass ("R. Bass"), Oak Hill Capital Partners, L.P., a
Delaware limited partnership ("OHCP"), and Oak Hill Capital Management Partners,
L.P., a Delaware limited partnership ("OHCMP"). Hospitality, Arbor, MHX,
Cherwell, Group 31, MCI, Penobscot, PTJ Merchant, Crandall, Capital, Keystone,
R. Bass, OHCP, and OHCMP are sometimes hereinafter collectively referred to as
the "Reporting Persons." The Reporting Persons are making this single, joint
filing because they may be deemed to constitute a "group" within the meaning of
Section 13(d)(3) of the Act, although neither the fact of this filing nor
anything contained herein shall be deemed to be an admission by the Reporting
Persons that a group exists. Additionally, pursuant to Instruction C of Schedule
13D, information is included herein with respect to the following persons
(collectively, "Item 2 Persons"), Group III 31, L.L.C., a Delaware limited
liability company ("Group III"), Group Investors, L.L.C., a Delaware limited
liability company ("Group Investors"), FW Group Genpar, Inc., a Texas
corporation ("FW Group"), Mark A. Wolfson ("Wolfson"), David G. Brown ("Brown"),
Acadia Partners, L.P., a Delaware limited partnership ("Acadia"), Acadia FW
Partners, L.P., a Delaware limited partnership ("Acadia FW"), Acadia MGP, Inc.,
a Texas corporation ("Acadia MGP"), Daniel L. Doctoroff ("Doctoroff"), Steven B.
Gruber ("Gruber"), Glenn R. August ("August"), John R. Monsky ("Monsky"),
Bradford E. Bernstein ("Bernstein"), PTJ, Inc., a Delaware corporation ("PTJ"),
W. R. Cotham ("Cotham"), James N. Alexander ("Alexander"), Thomas R. Delatour,
Jr. ("Delatour"), Anthony P. Scotto ("Scotto"), Margaret Lee Bass 1980 Trust, a
trust existing under the laws of Texas ("MLBT"), Panther City Investment
Company, a Texas corporation ("Panther City"), OHCP GenPar, L.P., a Delaware
limited partnership ("GenPar"), and OHCP MGP, L.L.C., a Delaware limited
liability company ("OHCP MGP").
(b) - (c)
REPORTING PERSONS
HOSPITALITY
Hospitality is a Delaware limited partnership, the principal business
of which is the purchase, sale, exchange, acquisition and holding of investment
securities. The principal business address of Hospitality, which also serves as
its principal office, is 201 Main Street, Suite 3100, Fort Worth, Texas 76102.
ARBOR
Arbor is a Delaware limited partnership, the principal business of
which is the purchase, sale, exchange, acquisition and holding of investment
securities. The principal business address of Arbor, which also serves as its
principal office, is 201 Main Street, Suite 3100, Fort Worth, Texas 76102.
MHX
Page 16 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
MHX is a Delaware limited partnership, the principal business of which
is the purchase, sale, exchange, acquisition and holding of investment
securities. The principal business address of MHX, which also serves as its
principal office, is 201 Main Street, Suite 3100, Fort Worth, Texas 76102.
CHERWELL
Cherwell is a Delaware corporation, the principal business of which is
the purchase, sale, exchange, acquisition and holding of investment securities.
The principal business address of Cherwell, which also serves as its principal
office, is 201 Main Street, Suite 3100, Fort Worth, Texas 76102. Pursuant to
Instruction C to Schedule 13D of the Act, the name, residence or business
address, and present principal occupation or employment of each director,
executive officer and controlling person of Cherwell are as follows:
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Crandall 201 Main St., Ste. 3100 Vice President and
Fort Worth, Texas 76102 Chief Operating Officer
of Keystone
Doctoroff 65 E. 55th Street Managing Director of
New York, New York 10022 Oak Hill Partners, Inc.
Gruber 65 E. 55th Street Managing Director of
New York, New York 10022 Oak Hill Partners, Inc.
Monsky 65 E. 55th Street Managing Director of
New York, New York 10022 Oak Hill Partners, Inc.
Bernstein 65 E. 55th Street Employee of
New York, New York 10022 Oak Hill Partners, Inc.
KEYSTONE
Keystone is a Texas corporation, the principal businesses of which are
investment in marketable securities, real estate investment and development,
ownership and operation of oil and gas properties (through Bass Enterprises
Production Co. ["BEPCO"]), the ownership and operation of gas processing plants
and carbon black plants (through various partnerships) and the ownership of
interests in entities engaged in a wide variety of businesses. The principal
business address of Keystone, which also serves as its principal office, is 201
Main Street, Suite 3100, Fort Worth, Texas 76012. Pursuant to Instruction C to
Schedule 13D of the Act, the name, residence or business address, and present
principal occupation or employment of each director, executive officer and
controlling person of Keystone are as follows:
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
R. Bass 201 Main St., Ste. 3100 President of Keystone
Fort Worth, Texas 76102
Crandall See above See above
Brown 201 Main St., Ste. 3100 Vice President -
Fort Worth, Texas 76102 Finance
of Keystone
Doctoroff See above See above
Gruber See above See above
Page 17 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Wolfson 201 Main St., Ste. 3100 Vice President of and
Fort Worth, Texas 76102 Consultant to Keystone
Cotham 201 Main St., Ste. 2600 Vice President/
Fort Worth, Texas 76102 Controller of BEPCO
Reese 201 Main St., Ste. 2600 Treasurer of BEPCO
Fort Worth, Texas 76102
Alexander 201 Main St., Ste. 3100 Vice President of
Fort Worth, Texas 76102 Keystone
Carl 201 Main St., Ste. 3100 Vice President of
Fort Worth, Texas 76102 Keystone
Monsky See above See above
Delatour 201 Main St., Ste. 3100 Vice President of
Fort Worth, Texas 76102 Keystone
OAK HILL PARTNERS, INC.
Oak Hill Partners, Inc. is a Delaware corporation, the principal
business of which is serving as an investment consultant to Acadia Partners,
L.P. ("Acadia"). Acadia is a Delaware limited partnership, formed to invest in
public and private debt and equity securities. The principal business address of
Oak Hill Partners, Inc. is 65 East 55th Street, New York, New York 10022.
BEPCO
BEPCO is a Texas corporation, the principal business of which is oil
exploration and drilling and producing hydrocarbons. The principal business
address of BEPCO, which also serves as its principal office, is 201 Main Street,
Suite 3100, Fort Worth, Texas 76102.
GROUP 31
Group 31 is a Texas corporation, the principal business of which is the
purchase, sale, exchange, acquisition and holding of investment securities. The
principal business address of Group 31, which also serves as its principal
office, is 201 Main Street, Suite 3100, Fort Worth, Texas 76102. Pursuant to
Instruction C to Schedule 13D of the Act, the name, residence or business
address, and present principal occupation or employment of each director,
executive officer and controlling person of Group 31 are as follows:
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Crandall See above See above
Brown See above See above
Cotham See above See above
Page 18 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Reese See above See above
Alexander See above See above
Wolfson See above See above
Pinson 201 Main St., Ste. 3100 Employee of BEPCO
Fort Worth, Texas 76102
Delatour See above See above
MCI
MCI is a Delaware corporation, the principal business of which is
investing in public and private debt and equity securities. The principal
business address of MCI, which also serves as its principal office, is 65 East
55th Street, 32nd Floor, New York, New York 10022. Pursuant to Instruction C to
Schedule 13D of the Act, the name, residence or business address, and present
principal occupation or employment of each director, executive officer and
controlling person of MCI are as follows:
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Doctoroff See above See above
Gruber See above See above
PENOBSCOT
Penobscot is a Delaware limited partnership, formed to invest in public
and private debt and equity securities. The principal business address of
Penobscot, which also serves as its principal office, is 65 East 55th Street,
New York, New York 10022.
PTJ MERCHANT
PTJ Merchant is a Delaware limited partnership, the principal business
of which is serving as the general partner of Penobscot and activities related
thereto. The principal business address of PTJ Merchant, which also serves as
its principal office, is 65 East 55th Street, New York, New York 10022.
CRANDALL
See above.
CAPITAL
Page 19 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
Capital is a Texas general partnership, the principal business of which
is investing in public and private debt and equity securities. The principal
business address of Capital, which also serves as its principal office, is 201
Main Street, Suite 3100, Fort Worth, Texas 76102.
KEYSTONE
See above.
R. BASS
See above.
OHCP
OHCP is a Delaware limited partnership, the principal business of which
is investing in public and private debt and equity securities. The principal
business address of OHCP is 201 Main Street, Suite 2300, Fort Worth, Texas
76102.
OHCMP
OHCMP is a Delaware limited partnership, the principal business of
which is investing in public and private debt and equity securities. The
principal business address of OHCMP is 201 Main Street, Suite 2300, Fort Worth,
Texas 76102.
ITEM 2 PERSONS
Pursuant to Instruction C to Schedule 13D of the Act, information with
respect to the Item 2 Persons is set forth below.
GROUP III
Group III is a Delaware limited liability company, the principal
business of which is the purchase, sale, acquisition and holding of investment
securities. Group III also serves as the sole general partner of FW Hospitality.
The principal business address of Group III, which also serves as its principal
office, is 201 Main Street, Suite 3100, Fort Worth, Texas 76102. Crandall is the
sole member of Group III.
GROUP INVESTORS
Group Investors is a Delaware limited liability company, the principal
business of which is the purchase, sale, acquisition and holding of investment
securities. Group Investors also serves as the sole general partner of Arbor.
The principal business address of Group Investors, which also serves as its
principal office, is 201 Main Street, Suite 3100, Fort Worth, Texas 76102.
Wolfson is the sole member of Group Investors.
FW GROUP
FW Group is a Texas corporation, the principal business of which is the
purchase, sale, acquisition and holding of investment securities. FW Group also
serves as the sole general partner of MHX. The principal business address of FW
Group, which also serves as its principal office, is 201 Main Street, Suite
3100, Fort Worth, Texas 76102. The name, residence or business address, and
present principal occupation or employment of each director, executive officer
and controlling person of FW Group are as follows:
NAME RESIDENCE OR PRINCIPAL OCCUPATION
Page 20 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
BUSINESS ADDRESS OR EMPLOYMENT
Crandall See above See above
Brown See above See above
Cotham See above See above
Reese See above See above
Alexander See above See above
Wolfson See above See above
Delatour See above See above
WOLFSON
See above.
BROWN
See above.
ACADIA
Acadia is a Delaware limited partnership, formed to invest in public
and private debt and equity securities. Acadia is also the sole shareholder of
Cherwell. The principal business address of Acadia, which also serves as its
principal office, is 201 Main Street, Suite 3100, Fort Worth, Texas 76102.
ACADIA FW
Acadia FW is a Delaware limited partnership, the principal business of
which is serving as the sole general partner of Acadia and activities related
thereto. The principal business address of Acadia FW, which also serves as its
principal office, is 201 Main Street, Suite 3100, Fort Worth, Texas 76102.
ACADIA MGP
Acadia MGP is a Texas corporation, the principal business of which is
serving as the managing general partner of Acadia FW and activities related
thereto. The principal business address of Acadia MGP, which also serves as its
principal office, is 201 Main Street, Suite 3100, Fort Worth, Texas 76102. The
name, residence or business address, and present principal occupation or
employment of each director, executive officer and controlling person of Acadia
MGP are as follows:
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Crandall See above See above
Doctoroff See above See above
Gruber See above See above
Cotham See above See above
Page 21 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Monsky See above See above
DOCTOROFF
See above.
GRUBER
See above.
AUGUST
See above.
BERNSTEIN
See above.
PTJ
PTJ is a Delaware corporation, the principal business of which is
serving as general partner of PTJ Merchant and activities related thereto. The
principal business address of PTJ, which also serves as its principal office, is
65 East 55th Street, 32nd Floor, New York, New York 10022. The name, residence
or business address, and present principal occupation or employment of each
director, executive officer and controlling person of PTJ are as follows:
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Crandall See above See above
Doctoroff See above See above
Gruber See above See above
Cotham See above See above
Scotto 65 East 55th Street Employee of Oak Hill
New York, New York 10022 Partners, Inc.
Monsky See above See above
COTHAM
See above.
ALEXANDER
See above.
Page 22 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
DELATOUR
See above.
SCOTTO
See above.
MLBT
MLBT is a trust existing under the laws of the State of Texas. The
address of MLBT is 201 Main Street, Suite 3100, Fort Worth, Texas 76102.
Pursuant to Instruction C to Schedule 13D of the Act, information with respect
to its trustee, Panther City, is set forth below.
PANTHER CITY
Panther City is a Texas corporation. Panther City is a private trust
company that serves as trustee of various trusts. The principal business address
of Panther City, which also serves as its principal office, is 201 Main Street,
Suite 2700, Fort Worth, Texas 76102. Pursuant to Instruction C to Schedule 13D
of the Act, the name, residence or business address, and present principal
occupation or employment of each director, executive officer and controlling
person of Panther City are as follows:
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Cotham See above See above
William P. Hallman, Jr. 201 Main St., Ste. 2500 Director of the law firm
Fort Worth, Texas 76102 of Kelly, Hart & Hallman,
P.C.
GENPAR
GenPar is a Delaware limited partnership, the principal business of
which is investing in public and private debt and equity securities and acting
as general partner of OHCP and OHCMP. The principal business address of GenPar,
which also serves as its principal office, is 201 Main Street, Suite 3100, Fort
Worth, Texas 76102. OHCP MGP is the general partner of GenPar.
OHCP MGP
OHCP MGP is a Delaware limited liability company, the principal
business of which is investing in public and private debt and equity securities
and acting as general partner of GenPar. The principal business address of OHCP
MGP, which also serves as its principal office, is 201 Main Street, Suite 3100,
Fort Worth, Texas 76102. The name, residence or business address, and present
principal occupation or employment of each director, executive officer and
controlling person of OHCP MGP are as follows:
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Crandall See above See above
Doctoroff See above See above
Gruber See above See above
Page 23 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
RESIDENCE OR PRINCIPAL OCCUPATION
NAME BUSINESS ADDRESS OR EMPLOYMENT
Wolfson See above See above
Cotham See above See above
Delatour See above See above
John H. Fant 201 Main St., Ste. 2300 Lawyer
Fort Worth, Texas 76102
Kevin G. Levy 201 Main St., Ste. 2300 Lawyer
Fort Worth, Texas 76102
Also included herein is information with respect to the number of
shares of the Stock beneficially owned by the following persons (who shall also
be referred to as "Item 2 Persons"): William H. Bohnsack, Jr. ("Bohnsack"),
Scott Krase ("Krase"), Ty Wallach ("Wallach"), Oak Hill Partners, Inc. ("Oak
Hill"), John Stevenson ("Stevenson"), Trust for the Benefit of Walker Delatour
("Walker Trust"), Trust for the Benefit of William Delatour ("William Trust"),
and William Janes ("Janes").
(d) None of the entities or persons identified in this Item 2 has,
during the last five years, been convicted in a criminal proceeding (excluding
traffic violations or similar misdemeanors).
(e) None of the entities or persons identified in this Item 2 has,
during the last five years, been 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 judgement, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject to, federal or
stated securities laws or finding any violation with respect to such laws.
(f) All of the natural persons identified in this Item 2 are citizens
of the United States of America.
Item 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The response to Item 3 is amended in its entirety to read as follows:
The source and amount of the funds used by the Reporting Persons to
purchase shares of Stock are as follows:
REPORTING PERSON SOURCE OF FUNDS AMOUNT OF FUNDS
Hospitality Contributions from $1,686,655.33
Partners
Arbor Contributions from $1,686,655.50
Partners
MHX Contributions from $1,686,653.13
Partners
Cherwell Not Applicable (1) Not Applicable
Group 31 Not Applicable (2) Not Applicable
MCI Not Applicable (3) Not Applicable
Penobscot Not Applicable (4) Not Applicable
PTJ Merchant Not Applicable (5) Not Applicable
Crandall Personal Funds (6) $3,081.40
Capital Not Applicable (7) Not Applicable
Page 24 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
Keystone Not Applicable (8) Not Applicable
R. Bass Personal Funds (9) $32,055.08
OHCP Contributions from $ 9,749,999.25
Partners
OHCMP Contributions from $ 250,001.25
Partners
Item 2 Persons Not Applicable (10) Not Applicable
1. 53,068 shares of the Stock were acquired by Cherwell on August 3, 1998
in connection with a spin-off of the Issuer by CapStar Hotel Company;
thus, no funds were expended in acquiring these shares.
2. 4,067 shares of the Stock were acquired by Group 31 on August 3, 1998
in connection with a spin-off of the Issuer by CapStar Hotel Company;
thus, no funds were expended in acquiring these shares.
3. 39 shares of the Stock were acquired by MCI on August 3, 1998 in
connection with a spin-off of the Issuer by CapStar Hotel Company;
thus, no funds were expended in acquiring these shares.
4. 75,260 shares of the Stock were acquired by Penobscot on August 3, 1998
in connection with a spin-off of the Issuer by CapStar Hotel Company;
thus, no funds were expended in acquiring these shares.
5. 100,000 shares of the Stock were acquired by the PTJ Merchant on August
3, 1998 in connection with a spin-off of the Issuer by CapStar Hotel
Company; thus, no funds were expended in acquiring these shares.
6. 6,507 shares of the Stock were acquired by Crandall on August 3, 1998
in connection with a spin-off of the Issuer by CapStar Hotel Company;
thus, no funds were expended in acquiring these shares.
7. 45,754 shares of the Stock were acquired by Capital on August 3, 1998
in connection with a spin-off of the Issuer by CapStar Hotel Company;
thus, no funds were expended in acquiring these shares.
8. 19,367 shares of the Stock were acquired by Keystone on August 3, 1998
in connection with a spin-off of the Issuer by CapStar Hotel Company;
thus, no funds were expended in acquiring these shares.
9. 67,720 shares of the Stock were acquired by R. Bass on August 3, 1998
in connection with a spin-off of the Issuer by CapStar Hotel Company;
thus, no funds were expended in acquiring these shares.
10. All Item 2 Persons, except GenPar and OHCP MGP, acquired shares of the
Stock on August 3, 1998 in connection with the spin-off of the Issuer
by CapStar Hotel Company; thus, no funds were expended in acquiring
these shares.
Item 4. PURPOSE OF TRANSACTION.
The Reporting Persons acquired and continue to hold the Stock reported
herein for investment purposes. Depending on market conditions and other factors
that the Reporting Persons may deem material to their respective investment
decisions, the Reporting Persons may purchase additional Stock in the open
market or in private transactions. Depending on these same factors and in the
case of OHCP and OHCMP, except as otherwise restricted by the Purchase Agreement
referred to in Item 6 herein, the Reporting Persons may sell all or a portion of
the Stock on the open market or in private transactions.
Except as set forth in this Item 4, the Item 2 Persons have no present
plans or proposals that relate to or that would result in any of the actions
specified in clauses (a) through (j) or Item 4 of Schedule 13D or the Act.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
The response to Item 5 is amended in its entirety to read as follows:
Page 25 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
(a)
REPORTING PERSONS
HOSPITALITY
Hospitality beneficially owns 764,067 shares of the Stock, which
constitutes approximately 2.4% of the outstanding shares of Stock.
ARBOR
Arbor beneficially owns 764,067 shares of the Stock, which constitutes
approximately 2.4% of the outstanding shares of Stock.
MHX
MHX beneficially owns 764,066 shares of the Stock, which constitutes
approximately 2.4% of the Outstanding shares of Stock.
CHERWELL
Cherwell beneficially owns 61,912 shares of the Stock, which
constitutes approximately 0.2% of the outstanding shares of Stock.
GROUP 31
Group 31 beneficially owns 4,067 shares of the Stock, which constitutes
less than 0.1% of the outstanding shares of Stock.
MCI
MCI beneficially owns 45 shares of the Stock, which constitutes less
than 0.1% of the outstanding shares of Stock.
PENOBSCOT
Because of its position as the sole stockholder of MCI, and because of
its direct ownership of 87,803 shares of Stock, Penobscot may, pursuant to Rule
13d-3 of the Act, be deemed to be the beneficial owner of 87,848 shares of the
Stock, which constitutes approximately 0.3% of the outstanding shares of Stock.
PTJ MERCHANT
Because of its position as the sole stockholder of Penobscot, and
because of its direct ownership of 116,666 shares of Stock, PTJ Merchant may,
pursuant to Rule 13d-3 of the Act, be deemed to be the beneficial owner of
24,514 shares of the Stock, which constitutes approximately 0.7% of the
outstanding shares of Stock.
CRANDALL
Because of his position as the president of each of Acadia MGP, Group
31 and PTJ, because of his position as the sole member of Group III, and because
of his direct ownership of 7,592 shares of the Stock, Crandall may, pursuant to
Rule 13d-3 of the Act, be deemed to be the beneficial owner of 1,030,493 shares
of Stock, which constitutes approximately 3.3% of the outstanding shares of
Stock.
Page 26 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
CAPITAL
Capital beneficially owns 45,754 shares of the Stock, which constitutes
less than 0.1% of the outstanding shares of the Stock.
KEYSTONE
The number of shares of the Stock that Keystone owns beneficially is
193,367, which constitutes approximately 0.6% of the outstanding shares of the
Stock.
R. BASS
Because of his position as sole director of Keystone, and because of
his direct ownership of 77,518 shares of the Stock, R. Bass may, pursuant to
Rule 13d-3 of the Act, be deemed to be the beneficial owner of 270,885 shares of
Stock, which constitutes approximately 0.9% of the outstanding shares of Stock.
OHCP
OHCP beneficially owns 3,545,455 shares of the Stock, which constitutes
approximately 11.3% of the outstanding shares of the Stock.
OHCMP
OHCMP beneficially owns 90,909 shares of the Stock, which constitutes
approximately 0.3% of the outstanding shares of the Stock.
ITEM 2 PERSONS
Information with respect to the Item 2 persons is attached hereto as
Schedule I.
(b)
REPORTING PERSONS
HOSPITALITY
Acting through its general partner, Hospitality has the sole power to
vote or to direct the vote and to dispose or to direct the disposition of
764,067 shares of Stock.
ARBOR
Acting through its general partner, Arbor has the sole power to vote or
to direct the vote and to dispose or to direct the disposition of 764,067 shares
of Stock.
MHX
Acting through its general partner, MHX has the sole power to vote or
to direct the vote and to dispose or to direct the disposition of 764,066 shares
of Stock.
CHERWELL
Acting through its president, Cherwell has the sole power to vote or to
direct the vote and to dispose or to direct the disposition of 61,912 shares of
the Stock.
page 27 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
GROUP 31
Acting through Crandall, its President, Group 31 has the sole power to
vote or to direct the vote and to dispose or to direct the disposition of 4,067
shares of the Stock.
MCI
Acting through its sole stockholder, MCI has the sole power to vote or
to direct the vote and to dispose or to direct the disposition of 45 shares of
Stock.
PENOBSCOT
Acting through its sole general partner, and in its capacity as the
sole stockholder of MCI with respect to 45 shares of the Stock, Penobscot has
the sole power to vote or to direct the vote and to dispose or to direct the
disposition of 87,848 shares of Stock.
PTJ MERCHANT
In its capacity as the sole general partner of Penobscot, and acting
through its managing general partner, PTJ Merchant has the sole power to vote or
to direct the vote and to dispose or to direct the disposition of 204,514 shares
of Stock.
CRANDALL
In his capacity as the sole member of Group III, Crandall has the sole
power to vote or to direct the vote and to dispose or to direct the disposition
of 764,067 shares of Stock. In his capacity as the president and sole
shareholder of Acadia MGP, Crandall has the sole power to vote or to direct the
vote and to dispose or to direct the disposition of 61,912 shares of Stock. In
his capacity as the president and sole shareholder of Group 31, Crandall has the
sole power to vote or to direct the vote and to dispose or to direct the
disposition of 4,067 shares of Stock. In his capacity as the president and sole
stockholder of PTJ, Crandall has the sole power to vote or to direct the vote
and to dispose or to direct the disposition of 204,514 shares of Stock. In his
individual capacity, Crandall has the sole power to vote or to direct the vote
and to dispose or to direct the disposition of 7,592 shares of Stock.
CAPITAL
Acting through its managing partner, MLBT, Capital has the sole power
to vote or to direct the vote and to dispose or direct the disposition of 45,754
shares of the Stock.
KEYSTONE
Acting through R. Bass, its president and sole director, Keystone has
the sole power to vote or to direct the vote and to dispose or to direct the
disposition of 193,367 shares of the Stock.
R. BASS
In his capacity as the sole director and president of Keystone, R. Bass
has the sole power to vote or to direct the vote and to dispose or to direct the
disposition of 193,367 shares of Stock. In his individual capacity, R. Bass has
sole power to vote or to direct the vote and to dispose or to direct the
disposition of 77,518 shares of Stock.
OHCP
Acting through GenPar, OHCP has the sole power to vote or to direct the
vote and to dispose or direct the disposition of 3,545,455 shares of the Stock.
OHCMP
Page 28 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
Acting through GenPar, OHCMP has the sole power to vote or to direct
the vote and to dispose or direct the disposition of 90,909 shares of the Stock.
ITEM 2 PERSONS
Information with respect to the Item 2 Persons is attached hereto as
Schedule I.
(c) Response to item 5(c) is hereby partly amended by adding at the end
thereof the following:
On December 28, 1999, OHCP and OHCMP purchased an aggregate of
1,818,182 shares of the Issuer's Stock for an aggregate purchase price of
$5,000,000.50 as more fully described in Item 6.
Except as set forth in this paragraph (c), to the best of the knowledge
of each of the Reporting Persons, none of the persons named in response to
paragraph (a) has effected any transactions in the Stock during the past 60
days.
(d) Each of the Reporting Persons affirms that no person other than
such Reporting Person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the Stock owned by
such Reporting Person.
(e) Not applicable.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
The response to Item 6 is amended in its entirety to read as follows:
On April 15, 1999 pursuant to a Stock Purchase Agreement dated as of
March 31, 1999, as amended as of April 14, 1999, by and between the Issuer, OHCP
and OHCMP (the "Purchase Agreement", a copy of which is attached hereto as
Exhibit 99.5 and incorporated herein by reference), OHCP and OHCMP purchased an
aggregate of 1,818,182 shares of the Issuer's Stock for an aggregate purchase
price of $5,000,000. In addition, pursuant to the Purchase Agreement, OHCP and
OHCMP acquired the option (the "Option") to purchase additional shares of the
Issuer's Stock (the "Option Shares") in an aggregate amount having a value of
$5,000,000 at a purchase price per share equal to the greater of (i) the average
closing sale price of the Stock on the New York Stock Exchange for the twenty
(20) Trading Days (as defined in the Purchase Agreement) ending on the Trading
Day prior to the purchase and issuance of Option Shares or (ii) $2.75.
On December 28, 1999, OHCP and OHCMP exercised their Option to purchase
Option Shares and purchased an aggregate of 1,818,182 shares of the Issuer's
Stock at a purchase price of $2.75 per share or an aggregate purchase price
of $5,000,000.50.
The Purchase Agreement also provides that OHCP and OHCMP may not
transfer any of their shares of the Issuer's Stock without the prior written
consent of the Issuer during the period beginning on April 15, 1999 and ending
on the earlier to occur of either (i) six months from April 15, 1999 or (ii) the
sale or other disposition of all Hotel Interests (as defined in the Agreement of
Limited Partnership of MIP Lessee, L.P. dated March 31, 1999 (the "JV
Agreement"), which is attached hereto as Exhibit 99.6 and incorporated herein by
reference) by the Underlying Partnership (as defined in the JV Agreement) and
its subsidiaries.
Pursuant to the Purchase Agreement, OHCP has the right to appoint a
representative to attend meetings of the Board of Directors of the Issuer, to
change the representative so appointed at any time and, upon the resignation of
such representative for any reason, to reappoint such a representative as long
as OHCP and OHCMP collectively own at least fifty percent (50%) of the Options
and the Stock that they currently own. The right of OHCP to appoint a
representative to attend meetings of the Board of Directors of the Issuer shall
be suspended during any period of time during which their representative serves
as a member of the Board of Directors of the Issuer. On April 14, 1999, OHCP
designated Daniel L. Doctoroff as its representative and the Issuer accepted
such designation.
Page 29 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
OHCP, OHCMP and the Issuers have entered into a Registration Rights
Agreement dated as of March 31, 1999, (the "Registration Rights Agreement", a
copy of which is attached hereto as Exhibit 99.7 and incorporated herein by
reference) pursuant to which OHCP and OHCMP have the right to demand
registration of their Registrable Securities (as defined in the Registration
Rights Agreement) upon the terms and conditions set forth therein.
Except as set forth herein or in the Exhibits filed or to be filed
herewith, none of the Reporting Persons have any contracts, arrangements,
understandings or relationships (legal or otherwise) with respect to each other
or with any person with respect to any of the Issuer's Stock owned by such
Reporting Person.
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
*Exhibit 99.1 -- Agreement pursuant to Rule 13d-1 (k) (1) (iii).
*Exhibit 99.2 -- Limited Partnership Agreement of FW Hospitality, L.P.
*Exhibit 99.3 -- Limited Partnership Agreement of Arbor REIT, L.P.
*Exhibit 99.4 -- Limited Partnership Agreement of MHX Investors, L.P.
*Exhibit 99.5 -- Stock Purchase Agreement by and between the Issuer,
OHCP and OHCMP dated March 31, 1999, as amended as of
April 14, 1999.
*Exhibit 99.6 -- Limited Partnership Agreement of MIP Lessee, L.P. dated
March 31, 1999.
*Exhibit 99.7 -- Registration Rights Agreement dated March 31,1999.
*Filed Previously.
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: January 19, 2000
FW HOSPITALITY, L.P.
Page 30 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
By: GROUP III, 31, L.L.C.,
general partner
By: /s/ J. Taylor Crandall
---------------------------------
J. Taylor Crandall, sole member
ARBOR REIT, L.P.
By: GROUP INVESTORS, L.L.C.,
general partner
By: /s/ Mark A. Wolfson
---------------------------------
Mark A. Wolfson, sole member
MHX INVESTORS, L.P.
By: FW GROUP GENPAR, INC.,
general partner
By: /s/ W. R. Cotham
---------------------------------
W. R. Cotham, Vice President
/s/ W. R. Cotham
-------------------------------
W. R. COTHAM
As Vice President of each of CHERWELL INVESTORS, INC., GROUP
31, INC. and MC INVESTMENT CORPORATION
PENOBSCOT PARTNERS, L.P.
By: PTJ MERCHANT BANKING PARTNERS, L.P.,
general partner
By: PTJ, INC.,
managing general partner
By: /s/ W.R. Cotham
----------------------------------
W.R. Cotham, Vice President
PTJ MERCHANT BANKING PARTNERS, L.P.
By: PTJ, INC.,
managing general partner
By: /s/ W.R. Cotham
----------------------------------
W. R. Cotham, Vice President
/s/ J. Taylor Crandall
-------------------------------
J. TAYLOR CRANDALL
CAPITAL PARTNERSHIP
By: MARGARET LEE BASS 1980 TRUST, Managing Partner
Page 31 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
By: PANTHER CITY INVESTMENT COMPANY, Trustee
By: /s/ W. R. Cotham
--------------------------------
KEYSTONE, INC.
By: /s/ W. R. Cotham
-------------------------------
W.R. Cotham, Vice President
/s/ W.R. Cotham
------------------------------
W.R. COTHAM,
As attorney-in-fact for:
ROBERT M. BASS (1)
OAK HILL CAPITAL PARTNERS, L.P.
By: OHCP GENPAR, L.P.,
general partner
By: OHCP MGP, L.L.C.,
general partner
By: /s/ Kevin G. Levy
--------------------------------
OAK HILL CAPITAL MANAGEMENT PARTNERS, L.P.
By: OHCP GENPAR, L.P.,
general partner
By: OHCP MGP, L.L.C.,
general partner
By: /s/ Kevin G. Levy
--------------------------------
(1) A Power of Attorney authorizing W.R. Cotham, et al., to act on behalf
of Robert M. Bass previously has been filed with the Securities and
Exchange Commission.
Page 32 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
SCHEDULE I
Item 5 (a)
The following persons beneficially own the number of shares of Stock
set forth opposite their names:
Name Number of Shares
---- ----------------
FW Group 590
Wolfson 7,117
Brown 7,615
Doctoroff 67,882
Gruber 67,033
August 78,204
Monsky 12,731
Bernstein 33,770
Alexander 2,034
Delatour 5,540
Scotto 2,034
Bohnsack 8,305
Krase 6,846
Wallach 491
Oak Hill 14,154
Stevenson 1,993
Walker Trust 3,754
William Trust 3,754
William Janes 9,151
Item 5 (b)
The persons listed above have the sole power to vote or to direct the
vote and to dispose or to direct the disposition of the number of shares of
Stock set forth opposite their names.
Page 33 of 34
<PAGE>
SCHEDULE 13D
Issuer: MeriStar Hotels & Resorts, Inc. CUSIP Number. 589988104
- ------ ------------
EXHIBIT INDEX
EXHIBIT DESCRIPTION
*99.1 Agreement pursuant to Rule 13-d-1 (k) (1) (iii)
*99.2 Limited Partnership Agreement of FW Hospitality, L.P.
*99.3 Limited Partnership Agreement of Arbor REIT, L.P.
*99.4 Limited Partnership Agreement of MHX Investors, L.P.
*99.5 Stock Purchase Agreement by and between the Issuer, OHCP and
OHCMP dated March 31, 1999, as amended as of April 14, 1999.
*99.6 Limited Partnership Agreement of MIP Lessee, L.P. dated March
31, 1999.
*99.7 Registration Rights Agreement dated March 31, 1999.
*Filed previously.
Page 34 of 34
