UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
RESURGENCE PROPERTIES INC.
(Name of Issuer)
Common Stock, $0.01 par value
(Title of Class of Securities)
CUSIP No. 76126R109
(CUSIP Number)
Thomas F. Steyer
Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California
94111
(415) 421-2132
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 19, 1997
(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
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of that Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 35 Pages
Exhibit Index Located at Page 34
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Farallon Capital Partners, L.P.
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
WC, 00
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e) [ ]
- -------------===================================================================
6 Citizenship or Place of Organization
California
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 1,140,700
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
1,140,700
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
1,140,700
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
11.4 %
- -------------===================================================================
14 Type of Reporting Person*
PN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Farallon Capital Institutional Partners, L.P.
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
WC
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
California
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 1,291,700
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
1,291,700
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
1,291,700
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
12.9 %
- -------------===================================================================
14 Type of Reporting Person*
PN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Farallon Capital Institutional Partners II, L.P.
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
WC
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
California
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 776,600
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
776,600
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
776,600
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
7.8 %
- -------------===================================================================
14 Type of Reporting Person*
PN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 33 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Farallon Capital Institutional Partners III, L.P.
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
WC
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
California
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 25,000
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
25,000
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
25,000
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
0.3 %
- -------------===================================================================
14 Type of Reporting Person*
PN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Tinicum Partners, L.P.
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
WC, 00
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
New York
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 213,400
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
213,400
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
213,400
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
2.1 %
- -------------===================================================================
14 Type of Reporting Person*
PN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Farallon Capital Management, L.L.C.
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
00
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
Delaware
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 567,700
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
567,700
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
567,700
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
5.7 %
- -------------===================================================================
14 Type of Reporting Person*
IA, 00
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Farallon Partners, L.L.C.
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
Delaware
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 3,447,400
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
3,447,400
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,447,400
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
34.5 %
- -------------===================================================================
14 Type of Reporting Person*
00
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Enrique H. Boilini
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF, 00
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
Argentina
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 4,015,100
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
4,015,100
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,015,100
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
40.2 %
- -------------===================================================================
14 Type of Reporting Person*
IN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
David I. Cohen
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF, OO
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
South Africa
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 4,015,100
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
4,015,100
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,015,100
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
40.2 %
- -------------===================================================================
14 Type of Reporting Person*
IN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 10 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Joseph F. Downes
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF, OO
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
United States
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 4,015,100
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
4,015,100
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,015,100
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
40.2 %
- -------------===================================================================
14 Type of Reporting Person*
IN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 11 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Fleur E. Fairman
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
United States
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 3,447,400
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
3,447,400
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
3,447,400
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
34.5 %
- -------------===================================================================
14 Type of Reporting Person*
IN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 12 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Jason M. Fish
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF, OO
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
United States
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 4,015,100
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
4,015,100
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,015,100
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
40.2 %
- -------------===================================================================
14 Type of Reporting Person*
IN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 13 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Andrew B. Fremder
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF, 00
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
United States
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 4,015,100
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
4,015,100
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,015,100
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
40.2 %
- -------------===================================================================
14 Type of Reporting Person*
IN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 14 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
William F. Mellin
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF, 00
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
United States
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 4,015,100
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
4,015,100
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,015,100
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
40.2 %
- -------------===================================================================
14 Type of Reporting Person*
IN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 15 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Stephen L. Millham
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF, 00
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
United States
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 4,015,100
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
4,015,100
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,015,100
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
40.2 %
- -------------===================================================================
14 Type of Reporting Person*
IN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 16 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Meridee A. Moore
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF, 00
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
United States
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 4,015,100
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
4,015,100
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,015,100
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
40.2 %
- -------------===================================================================
14 Type of Reporting Person*
IN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 17 of 35 Pages
<PAGE>
SCHEDULE 13D
=============================================
CUSIP No. 76126R109
=============================================
- -------------===================================================================
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Thomas F. Steyer
- -------------===================================================================
2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ X ]
- -------------===================================================================
3 SEC Use Only
- -------------===================================================================
4 Source of Funds*
AF, 00
- -------------===================================================================
5 Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(e)
[ ]
- -------------===================================================================
6 Citizenship or Place of Organization
United States
- --------------------------------================================================
7 Sole Voting Power
-0-
----------================================================
Number of Shares 8 Shared Voting Power
Beneficially Owned
By Each Reporting 4,015,100
Person With
----------================================================
9 Sole Dispositive Power
-0-
----------================================================
10 Shared Dispositive Power
4,015,100
- -------------===================================================================
11 Aggregate Amount Beneficially Owned By Each Reporting Person
4,015,100
- -------------===================================================================
12 Check Box if the Aggregate Amount in Row (11)
Excludes Certain Shares*
[ ]
- -------------===================================================================
13 Percent of Class Represented by Amount in Row (11)
40.2 %
- -------------===================================================================
14 Type of Reporting Person*
IN
- -------------===================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 18 of 35 Pages
<PAGE>
This Amendment No. 6 to Schedule 13D amends the Schedule 13D initially
filed on December 2, 1994 (collectively, with all amendments thereto, the
"Schedule 13D").
Item 1. Security and Issuer.
Item 1 of the Schedule 13D is amended and restated in its entirety as
follows:
This statement relates to shares of common stock, $0.01 par value (the
"Shares") of Resurgence Properties Inc. (the "Company"). The Company's principal
offices are located at the following address: c/o Wexford Management LLC, 411
West Putnam Avenue, Greenwich, CT 06830.
Item 2. Identity and Background.
Item 2 of the Schedule 13D is amended and restated in its entirety as
follows:
(a) This statement is filed by: (i) Farallon Capital Partners, L.P., a
California limited partnership ("FCP"), with respect to the Shares held by it;
(ii) Farallon Capital Institutional Partners, L.P., a California limited
partnership ("FCIP"), with respect to the Shares held by it: (iii) Farallon
Capital Institutional Partners II, L.P., a California limited partnership ("FCIP
II"), with respect to the Shares held by it; (iv) Farallon Capital Institutional
Partners III, L.P., a Delaware limited partnership ("FCIP III"), with respect to
the Shares held by it; (v) Tinicum Partners, L.P., a New York limited
partnership ("Tinicum"; collectively with FCP, FCIP, FCIP II and FCIP III, the
"Partnerships"), with respect to the Shares held by it; (vi) Farallon Capital
Management, L.L.C., a Delaware limited liability company ("FCMLLC"), with
respect to the Shares held by Farallon Capital Offshore Investors, Inc., a
British Virgin Islands corporation ("Offshore"), and certain other accounts
managed by FCMLLC (together with Offshore, the "Managed Accounts"(1); (vii)
Farallon
- --------
(1) Of the Shares reported by FCMLLC on behalf of the Managed Accounts, 178,400
Shares (equal to 1.8% of the total Shares currently outstanding) are held
by The Absolute Return Fund of The Common Fund, a non-profit corporation
whose principal address is 450 Post Road East, Westport, Connecticut,
06881.
Page 19 of 35 Pages
<PAGE>
Partners, L.L.C., a Delaware limited liability company ("FPLLC"), with respect
to the Shares held by each of the Partnerships; (viii) each of Enrique H.
Boilini ("Boilini"), David I. Cohen ("Cohen"), Joseph F. Downes ("Downes"),
Jason M. Fish ("Fish"), Andrew B. Fremder ("Fremder"), William F. Mellin
("Mellin"), Stephen L. Millham ("Millham"), Meridee A. Moore ("Moore") and
Thomas F. Steyer ("Steyer"), with respect to the Shares held by each of the
Partnerships and the Managed Accounts; and (ix) Fleur E. Fairman ("Fairman")
with respect to the Shares held by each of the Partnerships (FCP, FCIP, FCIP II,
FCIP III, Tinicum, FCMLLC, FPLLC, Boilini, Cohen, Downes, Fairman, Fish,
Fremder, Mellin, Millham, Moore and Steyer shall collectively be referred to
hereafter as the "Reporting Persons").
The name, address, principal business, citizenship or state of
organization, executive officers, directors and controlling persons of FCMLLC
and FPLLC are set forth on Annex 1 hereto. The Shares reported hereby for the
Partnerships and FCMLLC on behalf of the Managed Accounts are owned directly by
such entities. Each of Boilini, Cohen, Downes, Fish, Fremder, Mellin, Millham,
Moore and Steyer may be deemed, as managing members of FPLLC and FCMLLC, to be
the beneficial owner of all such Shares. Each of FPLLC and Fairman, as a
managing member of FPLLC, may be deemed to be the beneficial owner of all such
Shares owned by the Partnerships. FCMLLC may be deemed to be the beneficial
owner of all such Shares owned by the Managed Accounts. Each of FCMLLC, FPLLC,
Boilini, Cohen, Downes, Fairman, Fish, Fremder, Mellin, Millham, Moore and
Steyer hereby disclaim any beneficial ownership of any such Shares.
(b) The address of the principal business and principal office of (i) the
Partnerships, FCMLLC and FPLLC is One Maritime Plaza, Suite 1325, San Francisco,
California 94111, and (ii) Offshore is Craigmuir Chambers, P.O. Box 71, Road
Town, Tortola, British Virgin Islands.
Page 20 of 35 Pages
<PAGE>
(c) The principal business of each of the Partnerships and Offshore is that
of a private investment fund engaging in the purchase and sale of investments
for its own account. The principal business of FPLLC is to act as the general
partner (the "General Partner") of the Partnerships. The principal business of
FCMLLC is that of a registered investment adviser.
(d) None of the Partnerships, FCMLLC, FPLLC, Offshore or any of the persons
listed on Annex 1 hereto has, during the last five years, been convicted in a
criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) None of the Partnerships, FCMLLC, FPLLC, Offshore or any of the persons
listed on Annex 1 hereto has, during the last five years, been 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, federal or state securities laws or finding any violation
with respect to such laws.
Item 3. Source and Amount of Funds and Other Consideration.
Item 3 of the Schedule 13D is amended and supplemented by the following:
The net investment cost (including commissions) is $210,937 for the 25,000
Shares acquired by FCIP III since the filing of the prior Schedule 13D. The
consideration for such acquisitions was obtained from working capital.
Item 4.Purpose of the Transaction.
Item 4 of the Schedule 13D is amended and restated in its entirety as follows:
The purpose of the acquisition of the Shares is for investment, and the
acquisitions of the Shares by each of the Partnerships and the Managed Accounts
were made in the ordinary course of business and were not made for the purpose
of acquiring control of the Company.
Although no Reporting Person has any specific plan or proposal to acquire
or dispose of Shares, consistent with its investment purpose, each Reporting
Person at any time and from time
Page 21 of 35 Pages
<PAGE>
to time may acquire additional Shares or dispose of any or all of its Shares
depending upon an ongoing evaluation of the investment in the Shares, prevailing
market conditions, other investment opportunities, liquidity requirements of the
Reporting Person and/or other investment considerations. No Reporting Person has
made a determination regarding a maximum or minimum number of Shares which it
may hold at any point in time.
The Company is currently managed and administered by Wexford Management LLC
("Wexford"). As reported in the Company's 10-Q for the period ended September
30, 1997, Wexford's management agreement is due to expire on December 31, 1997.
On December 19, 1997, one of the Reporting Persons participated in a discussion
with four directors and two other principal shareholders of the Company during
which the Reporting Persons' views regarding the future management and direction
of the Company were solicited. The Reporting Persons' representative expressed
support for seeking an interim extension of Wexford's management agreement and
for identifying and engaging new management in early 1998. The Reporting
Persons' representative also expressed support for encouraging new management to
seek ways to increase Company value.
The Reporting Persons intend to engage in further communications with one
or more of the Company's shareholders, officers and/or directors regarding new
management for the Company and maximizing shareholder value including but not
limited to the possibility of operating the Company as a going concern.
Except to the extent the foregoing may be deemed a plan or proposal, none
of the Reporting Persons has any plans or proposals which relate to, or could
result in, any of the matters referred to in paragraphs (a) through (j),
inclusive, of the instructions to Item 4 of Schedule 13D. The Reporting Persons
may, at any time and from time to time, review or reconsider their position
and/or change their purpose and/or formulate plans or proposals with respect
thereto.
Page 22 of 35 Pages
<PAGE>
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is amended and restated in its entirety as
follows:
A. Farallon Capital Partners, L.P.
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for FCP is incorporated herein by reference.
The percentage amount set forth in Row 13 of such cover page and
of each other cover page filed herewith as well as Footnote One
hereto is calculated based upon the 10,000,000 Shares outstanding
as of November 1, 1997 as reported by the Company in its Form 10Q
for the quarter ended September 30, 1997.
(c) There have been no transactions in the Shares in the past 60 days.
(d) FPLLC as General Partner has the power to direct the affairs of FCP,
including the disposition of the proceeds of the sale of the Shares.
Steyer is the senior managing member of FPLLC, and Boilini, Cohen,
Downes, Fairman, Fish, Fremder, Mellin, Millham and Moore are managing
members of FPLLC.
(e) Not applicable.
B. Farallon Capital Institutional Partners, L.P.
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for FCIP is incorporated herein by reference.
(c) There have been no transactions in the Shares in the past 60 days.
(d) FPLLC as General Partner has the power to direct the affairs of FCIP,
including the disposition of the proceeds of the sale of the Shares.
Steyer is the senior managing member of FPLLC and Boilini, Cohen,
Downes, Fairman, Fish, Fremder, Mellin, Millham and Moore are managing
members of FPLLC.
(e) Not applicable.
C. Farallon Capital Institutional Partners III, L.P.
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for FCIP II is incorporated herein by
reference.
(c) There have been no transactions in the Shares in the past 60 days.
Page 23 of 35 Pages
<PAGE>
(d) FPLLC as General Partner has the power to direct the affairs of FCIP
II, including the disposition of the proceeds of the sale of the
Shares. Steyer is the senior managing member of FPLLC and Boilini,
Cohen, Downes, Fairman, Fish, Fremder, Mellin, Millham and Moore are
managing members of FPLLC.
(e) Not applicable.
D. Farallon Capital Institutional Partners II, L.P.
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for FCIP III is incorporated herein by
reference.
(c) There have been no transactions in the Shares in the past 60 days.
(d) FPLLC as General Partner has the power to direct the affairs of FCIP
III, including the disposition of the proceeds of the sale of the
Shares. Steyer is the senior managing member of FPLLC and Boilini,
Cohen, Downes, Fairman, Fish, Fremder, Mellin, Millham and Moore are
managing members of FPLLC.
(e) Not applicable.
E. Tinicum Partners, L.P.
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Tinicum is incorporated herein by
reference.
(c) There have been no transactions in the Shares in the past 60 days.
(d) FPLLC as General Partner has the power to direct the affairs of
Tinicum, including the disposition of the proceeds of the sale of the
Shares. Steyer is the senior managing member of FPLLC and Boilini,
Cohen, Downes, Fairman, Fish, Fremder, Mellin, Millham and Moore are
managing members of FPLLC.
(e) Not applicable.
F. Farallon Capital Management, L.L.C.
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for FCMLLC is incorporated herein by reference.
(c) There have been no transactions in the Shares in the past 60 days.
(d) FCMLLC, as an investment adviser, has the power to direct the
disposition of the proceeds of the sale of the Shares held by the
Managed Accounts.
Page 24 of 35 Pages
<PAGE>
Steyer is the senior managing member of FCMLLC and Boilini, Cohen,
Downes, Fish, Fremder, Mellin, Millham and Moore are managing members
of FCMLLC.
(e) Not applicable.
G. Farallon Partners, L.L.C.
(a), (b) The information set forth in rows 7, 8, 9, 10, 11, and 13 of the
cover page hereto for FPLLC is incorporated herein by reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares. Steyer is the senior managing member of FPLLC and Boilini,
Cohen, Downes, Fairman, Fish, Fremder, Mellin, Millham and Moore are
managing members of FPLLC.
(e) Not applicable.
H. Enrique H. Boilini
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Boilini is incorporated herein by
reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares. FCMLLC, as an investment adviser, has the power to direct
the disposition of the proceeds of the sale of the Shares held by the
Managed Accounts. Boilini is a managing member of FCMLLC and FPLLC.
(e) Not applicable.
I. David I. Cohen
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Cohen is incorporated herein by reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares. FCMLLC, as an investment adviser, has the power to direct
the disposition
Page 25 of 35 Pages
<PAGE>
of the proceeds of the sale of the Shares held by the Managed
Accounts. Cohen is a managing member of FCMLLC and FPLLC.
(e) Not applicable.
J. Joseph F. Downes
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Downes is incorporated herein by reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares. FCMLLC, as an investment adviser, has the power to direct
the disposition of the proceeds of the sale of the Shares held by the
Managed Accounts. Downes is a managing member of FCMLLC and FPLLC.
(e) Not applicable.
K. Fleur E. Fairman
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Fairman is incorporated herein by
reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares. Fairman is a managing member of FPLLC.
(e) Not applicable.
L. Jason M. Fish
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Fish is incorporated herein by reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares. FCMLLC, as an investment adviser, has the power to direct
the disposition of the proceeds of the sale of the Shares held by the
Managed Accounts. Fish is a managing member of FCMLLC and FPLLC.
(e) Not applicable.
Page 26 of 35 Pages
<PAGE>
M. Andrew B. Fremder
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Fremder is incorporated herein by
reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares.
FCMLLC, as an investment adviser, has the power to direct the
disposition of the proceeds of the sale of the Shares held by the
Managed Accounts. Fremder is a managing member of FCMLLC and FPLLC.
(e) Not applicable.
N. William F. Mellin
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Mellin is incorporated herein by reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares. FCMLLC, as an investment adviser, has the power to direct
the disposition of the proceeds of the sale of the Shares held by the
Managed Accounts. Mellin is a managing member of FCMLLC and FPLLC.
(e) Not applicable.
O. Stephen L. Millham
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Millham is incorporated herein by
reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares. FCMLLC, as an investment adviser, has the power to direct
the disposition of the proceeds of the sale of the Shares held by the
Managed Accounts. Millham is a managing member of FCMLLC and FPLLC.
(e) Not applicable.
Page 27 of 35 Pages
<PAGE>
P. Meridee A. Moore
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Moore is incorporated herein by reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares. FCMLLC, as an investment adviser, has the power to direct
the disposition of the proceeds of the sale of the Shares held by the
Managed Accounts. Moore is a managing member of FCMLLC and FPLLC.
(e) Not applicable.
Q. Thomas F. Steyer
(a), (b) The information set forth in Rows 7, 8, 9, 10, 11 and 13 of the
cover page hereto for Steyer is incorporated herein by reference.
(c) None.
(d) FPLLC as General Partner has the power to direct the affairs of the
Partnerships, including the disposition of the proceeds of the sale of
the Shares. FCMLLC, as an investment adviser, has the power to direct
the disposition of the proceeds of the sale of the Shares held by the
Managed Accounts. Steyer is the senior managing member of FCMLLC and
FPLLC.
(e) Not applicable.
The Shares reported hereby for the Partnerships and FCMLLC on behalf of
the Managed Accounts are owned directly by such entities. Each of Boilini,
Cohen, Downes, Fish, Fremder, Mellin, Millham, Moore and Steyer may be deemed,
as managing members of FPLLC and FCMLLC, to be the beneficial owner of all such
Shares. Each of FPLLC and Fairman, as a managing member of FPLLC, may be deemed
to be the beneficial owner of all such Shares owned by the Partnerships. FCMLLC
may be deemed to be the beneficial owner of all such Shares owned by the Managed
Accounts. Each of FCMLLC, FPLLC, Boilini, Cohen, Downes, Fairman, Fish, Fremder,
Mellin, Millham, Moore and Steyer hereby disclaim any beneficial ownership of
any such Shares.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer.
Except as described above, there are no contracts, arrangements,
understandings or relationships (legal or otherwise) among the Reporting Persons
or between such persons and any
Page 28 of 35 Pages
<PAGE>
other person with respect to any securities of the Company, including but not
limited to transfer or voting of any securities of the Company, finder's fees,
joint ventures, loan or option arrangements, puts or calls, guarantees of
profits, divisions of profits or loss, or the giving or withholding of proxies.
Item 7. Materials to be Filed as Exhibits.
There is filed herewith as Exhibit 1 a written agreement relating to the
filing of joint acquisition statements as required by Rule 13d-1(f)(1) under the
Securities Exchange Act of 1934, as amended.
Page 29 of 35 Pages
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: December 22, 1997
/s/ Thomas F. Steyer
FARALLON PARTNERS, L.L.C., on
its own behalf and as General Partner of
FARALLON CAPITAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL
PARTNERS, L.P., FARALLON CAPITAL
INSTITUTIONAL PARTNERS II, L.P.,
FARALLON CAPITAL INSTITUTIONAL
PARTNERS III, L.P. and TINICUM PARTNERS,
L.P.
by Thomas F. Steyer,
Senior Managing Member
/s/ Thomas F. Steyer
FARALLON CAPITAL MANAGEMENT, L.L.C.
By Thomas F. Steyer,
Senior Managing Member
/s/ Thomas F. Steyer
Thomas F. Steyer, individually and as
attorney-in-fact for each of Enrique H.
Boilini, David I. Cohen, Joseph F. Downes,
Fleur E. Fairman, Jason M. Fish, Andrew B.
Fremder, William F. Mellin, Stephen L.
Millham, and Meridee A. Moore.
The Powers of Attorney each executed by Boilini, Cohen, Downes,
Fairman, Fish, Fremder, Mellin, Millham and Moore authorizing Steyer to sign and
file this Schedule 13D on each person's behalf was filed with Amendment No. 1 to
the Schedule 13D filed with the SEC on September 26, 1997 by such Reporting
Persons with respect to the Common Stock of Sphere Drake Holdings Limited are
hereby incorporated by reference.
Page 30 of 35 Pages
<PAGE>
ANNEX 1
Set forth below with respect to FCMLLC and FPLLC is the following: (a)
name; (b) address; (c) principal business; (d) state of organization; and (e)
controlling persons. Set forth below with respect to each managing member of
FCMLLC and FPLLC is the following: (a) name; (b) business address; (c) principal
occupation; and (d) citizenship.
1. (a) Farallon Capital Management, L.L.C.
(b) One Maritime Plaza, Suite 1325
San Francisco, CA 94111
(c) Serves as investment adviser to various managed accounts
(d) Delaware limited liability company
(e) Managing Members: Thomas F. Steyer, Senior Managing
Member; Enrique H. Boilini, David I. Cohen, Joseph F.
Downes, Jason M. Fish, Andrew B. Fremder, William F.
Mellin, Stephen L. Millham and Meridee A. Moore, Managing
Members.
2. (a) Farallon Partners, L.L.C.
(b) c/o Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, CA 94111
(c) Serves as general partner to investment partnerships
(d) Delaware limited liability company
(e) Managing Members: Thomas F. Steyer, Senior Managing
Member; Enrique H. Boilini, David I. Cohen, Joseph F.
Downes, Fleur E. Fairman, Jason M. Fish, Andrew B.
Fremder, William F. Mellin, Stephen L. Millham and
Meridee A. Moore, Managing Members.
3. (a) Enrique H. Boilini
(b) c/o Farallon Capital Management, L.L.C.
75 Holly Hill Lane
Greenwich, CT 06830
(c) Managing Member of Farallon Partners, L.L.C.; Managing
Member of Farallon Capital Management, L.L.C.
(d) Argentinean Citizen
4. (a) David I. Cohen
(b) c/o Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, CA 94111
(c) Managing Member of Farallon Partners, L.L.C.; Managing
Member of Farallon Capital Management, L.L.C.
(d) South African Citizen
5. (a) Joseph F. Downes
Page 31 of 35 Pages
<PAGE>
(b) c/o Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, CA 94111
(c) Managing ember of Farallon Partners, L.L.C.; Managing
Member of Farallon Capital Management, L.L.C.
(d) United States Citizen
6. (a) Fleur E. Fairman
(b) 993 Park Avenue
New York, New York 10028
(c) Managing Member of Farallon Partners, L.L.C.
(d) United States Citizen
7. (a) Jason M. Fish
(b) c/o Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, CA 94111
(c) Managing Member of Farallon Partners, L.L.C.; Managing
Member of Farallon Capital Management, L.L.C.
(d) United States Citizen
8. (a) Andrew B. Fremder
(b) c/o Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, CA 94111
(c) Managing Member of Farallon Partners, L.L.C.; Managing
Member of Farallon Capital Management, L.L.C.
(d) United States Citizen
9. (a) William F. Mellin
(b) c/o Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, CA 94111
(c) Managing Member of Farallon Partners, L.L.C.; Managing
Member of Farallon Capital Management, L.L.C.
(d) United States Citizen
10. (a) Stephen L. Millham
(b) c/o Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, CA 94111
(c) Managing Member of Farallon Partners, L.L.C.; Managing
Member of Farallon Capital Management, L.L.C.
(d) United States Citizen
11. (a) Meridee A. Moore
(b) c/o Farallon Capital Management, L.L.C.
Page 32 of 35 Pages
<PAGE>
(b) One Maritime Plaza, Suite 1325
San Francisco, CA 94111
(c) Managing Member of Farallon Partners, L.L.C.; Managing
Member of Farallon Capital Management, L.L.C.
(d) United States Citizen
12. (a) Thomas F. Steyer
(b) c/o Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, CA 94111
(c) Senior Managing Member of Farallon Partners, L.L.C.;
Senior Managing Member of Farallon Capital Management,
L.L.C.
(d) United States Citizen
Page 33 of 35 Pages
<PAGE>
Exhibit Index
Exhibit 1 Joint Acquisition Statement
Pursuant to Rule 13D- (f)(1)
Page 34 of 35 Pages
<PAGE>
EXHIBIT 1
to
SCHEDULE 13D
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13D-(f)(1)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13D is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13D shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him, her or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other entities or persons, except to the extent that he, she or
it knows or has reason to believe that such information is inaccurate.
Dated: December 22, 1997
/s/ Thomas F. Steyer
FARALLON PARTNERS, L.L.C., on
its own behalf and as General Partner of
FARALLON CAPITAL PARTNERS, L.P.,
FARALLON CAPITAL INSTITUTIONAL
PARTNERS, L.P., FARALLON CAPITAL
INSTITUTIONAL PARTNERS II, L.P.,
FARALLON CAPITAL INSTITUTIONAL
PARTNERS III, L.P. and TINICUM PARTNERS,
L.P.
by Thomas F. Steyer,
Senior Managing Member
/s/ Thomas F. Steyer
FARALLON CAPITAL MANAGEMENT, L.L.C.
By Thomas F. Steyer,
Senior Managing Member
/s/ Thomas F. Steyer
Thomas F. Steyer, individually and as
attorney-in-fact for each of Enrique H.
Boilini, David I. Cohen, Joseph F.
Downes, Fleur E. Fairman, Jason M. Fish,
Andrew B. Fremder, William F. Mellin,
Stephen L. Millham, and Meridee A. Moore.
Page 35 of 35 Pages
