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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ONE)*
Suiza Foods Corporation
(Name of Issuer)
Common Stock, $.01 par value
(Title of Class of Securities)
865077101
(CUSIP Number)
*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 the disclosures provided in a prior cover page.
The information required in 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).
Page 1 of 24 Pages
<PAGE> 2
CUSIP NO. 865077101 13G PAGE 2 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Capital Limited Partnership
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ---------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 24 Pages
<PAGE> 3
CUSIP NO. 865077101 13G PAGE 3 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Capital Offshore Limited Partnership, C.V.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ---------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 24 Pages
<PAGE> 4
CUSIP NO. 865077101 13G PAGE 4 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Capital Management L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ---------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 24 Pages
<PAGE> 5
CUSIP NO. 865077101 13G PAGE 5 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Capital Offshore Management, N.V.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Netherlands Antilles Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ---------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 24 Pages
<PAGE> 6
CUSIP NO. 865077101 13G PAGE 6 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Canaan Capital Partners L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ---------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 24 Pages
<PAGE> 7
CUSIP NO. 865077101 13G PAGE 7 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harry T. Rein
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ---------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 24 Pages
<PAGE> 8
CUSIP NO. 865077101 13G PAGE 8 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James J. Fitzpatrick
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ---------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 24 Pages
<PAGE> 9
CUSIP NO. 865077101 13G PAGE 9 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Stephen L. Green
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
556
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ---------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
556
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
556
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 24 Pages
<PAGE> 10
CUSIP NO. 865077101 13G PAGE 10 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Deepak Kamra
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY
EACH ---------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 10 of 24 Pages
<PAGE> 11
CUSIP NO. 865077101 13G PAGE 11 OF 24 PAGES
--------- -- --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gregory Kopchinsky
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ----------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 11 of 24 Pages
<PAGE> 12
CUSIP NO. 865077101 13G PAGE 12 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert Migliorino
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ---------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 12 of 24 Pages
<PAGE> 13
CUSIP NO. 865077101 13G PAGE 13 OF 24 PAGES
--------- - --
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Eric A. Young
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH
REPORTING ---------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
/ /
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON *
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 13 of 24 Pages
<PAGE> 14
Item 1(a). Name of Issuer
Suiza Foods Corporation
Item 2(b). Address of Issuer's Principal Executive Offices
3811 Turtle Creek Blvd.
Suite 1950, LB 50
Dallas, TX 75219
Item 2(a). Name of Person Filing
This statement is filed by Canaan Capital Limited Partnership,
a Delaware limited partnership, ("Canaan Capital"), Canaan
Capital Offshore Limited Partnership C.V., a Netherlands
Antilles limited partnership, ("Canaan Capital Offshore"),
Canaan Capital Management L.P. , a Delaware limited
partnership, ("Canaan Capital Management"), Canaan Capital
Offshore Management, N.V., a Netherlands Antilles corporation
("Canaan Corporation"), Canaan Capital Partners L.P., a
Delaware limited partnership, ("Canaan Partners") and Harry T.
Rein, James J. Fitzpatrick, Deepak Kamra, Stephen L. Green,
Gregory Kopchinsky, Robert J. Migliorino, and Eric A. Young
(collectively, the "Partners"). Canaan Capital Management
(which serves as the sole general partner of Canaan Capital
and one of the two general partners of Canaan Capital
Offshore), Canaan Corporation (which serves as the other
general partner of Canaan Capital Offshore), Canaan Partners
(which serves as the general partner of Canaan Capital
Management), and the Partners (who serve as general partners
of Canaan Partners), are collectively referred to as the
"Reporting Persons" in this Schedule 13G.
Item 2(b). Address of Principal Business Office or, if None, Residence
Except in the case of Canaan Capital Offshore, Canaan
Corporation, Deepak Kamra and Eric A. Young, the principal
business address of the Reporting Persons is 105 Rowayton
Avenue, Rowayton, CT 06853. The principal address of Canaan
Capital Offshore and Canaan Corporation is c/o ABN
Trustcompany, Pietermaai 15, Curacao, the Netherlands
Antilles. The principal business address of Deepak Kamra and
Eric A. Young is 2884 Sand Hill Road, Suite 115, Menlo Park,
CA 94025.
Item 2(c). Citizenship
Each of Canaan Capital, Canaan Capital Management and Canaan
Partners is a limited partnership organized under the laws of
Delaware. Canaan Capital Offshore is a limited partnership and
Canaan Corporation is a corporation, each organized under the
laws of the Netherlands Antilles. Each of the Partners are
Page 14 of 24 Pages
<PAGE> 15
citizens of the United States.
Item 2(d). Title of Class of Securities
This Schedule 13G report relates to the Common Stock, par
value $.01 ("Common Stock") of Suiza Foods Corporation ("the
Company").
Item 2(e). CUSIP Number
CUSIP number 865077101.
Item 3. If this statement if filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) __ Broker or Dealer registered under Section 15 of the Act,
(b) __ Bank as defined in Section 3(a)(6) of the Act,
(c) __ Insurance Company as defined in Section 3(a)(19) of the
Act,
(d) __ Investment Company registered under Section 8 of the
Investment Company Act,
(e) __ Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940,
(f) __ Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see 13d-1(b)(1)(ii)(F),
(g) __ Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G); see Item 7,
(h) __ Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
Not Applicable
Item 4. Ownership
(a) Canaan Capital owns 0 shares of Common Stock and Canaan
Capital Offshore owns 0 shares of Common Stock. All other
Reporting Persons hold their respective beneficially owned
shares due to their relationships to the above Partnerships as
outlined in Item 2. In addition, Mr. Green owns 556 shares of
Common Stock as an individual.
(b) By virtue of their common control, Canaan Capital and Canaan
Capital Offshore each may be deemed to be the beneficial
owners of 0 shares of Common Stock, representing beneficial
ownership of 0% of the Company. Canaan Capital Management, by
virtue of its status as general partner of Canaan Capital and
Canaan Capital Offshore, may be deemed to be the beneficial
owner of 0 shares, representing beneficial ownership of 0%.
Canaan Corporation, by virtue of its status as a general
partner of Canaan Capital Offshore, may be deemed to be the
beneficial owner of 0 shares, representing beneficial
ownership of 0%. By virtue of its status as general partner of
Canaan Capital Management, Canaan Partners may be deemed to be
the beneficial owner of 0 shares, representing beneficial
ownership of 0%. By virtue of their status as general partners
of
Page 15 of 24 Pages
<PAGE> 16
Canaan Partners, the Partners may each be deemed to be the
beneficial owner of 0 shares representing in the case of each
Partner, beneficial ownership of 0%. Mr. Green owns additional
shares of Common Stock as outlined in (a) above which does not
increase his percentage of ownership. The foregoing
percentages are calculated based on the 15,811,000 shares of
Common Stock reported to be outstanding in the Quarterly
Report on Form 10-Q of the Issuer for the quarter ended
September 30, 1997
<TABLE>
<CAPTION>
NUMBER OF SHARES
-----------------------------------------------
(c) Reporting Person (i) (ii) (iii) (iv)
--- ---------------- --- ---- ----- ----
<S> <C> <C> <C> <C>
Canaan Capital 0 0 0 0
Canaan Capital Offshore 0 0 0 0
Canaan Capital Management 0 0 0 0
Canaan Corporation 0 0 0 0
Canaan Partners 0 0 0 0
Harry T. Rein 0 0 0 0
James J. Fitzpatrick 0 0 0 0
Stephen L. Green 556 0 556 0
Deepak Kamra 0 0 0 0
Gregory Kopchinsky 0 0 0 0
Robert J. Migliorino 0 0 0 0
Eric A. Young 0 0 0 0
</TABLE>
(i) Sole power to vote or direct the vote
(ii) Shared power to vote or to direct the vote
(iii) Sole power to dispose or to direct the disposition of
(iv) Shared power to dispose or to direct the disposition of
Item 5. Ownership of Five Percent or Less of a Class
This statement is being filed to report the fact that as of
the date hereof, the Reporting Persons have ceased to be the
beneficial owners of more than five percent (5%) of the class
of securities.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person
Not applicable.
Item 7. Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent Holding
Company
Not applicable.
Item 8. Identification and Classification of Members of the Group
Each of the Reporting Persons expressly disclaims membership
in a "Group" as defined in Rule 13d-1 (b)(ii)(H).
Page 16 of 24 Pages
<PAGE> 17
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable. This Schedule 13G is not filed pursuant to
Rule 13d-1(b).
DATE: February 10, 1998
Page 17 of 24 Pages
<PAGE> 18
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, each of the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Canaan Capital Limited Partnership
By: Canaan Capital Management L. P.
Its General Partner
By: Canaan Capital Partners L.P.
Its General Partner
By: *
-------------------------------
General Partner
Canaan Capital Offshore Limited Partnership C. V.
By: Canaan Capital Management L. P.
Its General Partner
By: Canaan Capital Partners L.P.
Its General Partner
By: *
--------------------------------
General Partner
Canaan Capital Management L. P.
By: Canaan Capital Partners L.P.
Its General Partner
By: *
---------------------------------
General Partner
Canaan Capital Offshore Management, N.V.
By: *
----------------------------------
Director
Canaan Capital Partners L.P.
By: *
----------------------------------
General Partner
Page 18 of 24 Pages
<PAGE> 19
*
- -----------------------------------
Harry T. Rein
*
- -----------------------------------
James J. Fitzpatrick
*
- -----------------------------------
Stephen L. Green
*
- -----------------------------------
Deepak Kamra
*
- -----------------------------------
Gregory Kopchinsky
*
- -----------------------------------
Robert J. Migliorino
*
- -----------------------------------
Eric A. Young
*By: /s/ Guy M. Russo
-----------------------
Guy M. Russo
Attorney-in-Fact
- ----------------------------------------------------------------------------
This Schedule 13G was executed by Guy M. Russo pursuant to Powers of Attorney a
copy of which is filed herewith as Exhibit 2.
Page 19 of 24 Pages
<PAGE> 1
Exhibit 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f)(1) under the Securities Exchange Act of 1934,
as amended, the undersigned agree that only one statement containing the
information required by Schedule 13G need be filed by each of the undersigned
with respect to the ownership by each of the undersigned of shares of stock of
Suiza Foods Corporation. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original.
Canaan Capital Limited Partnership
By: Canaan Capital Management L. P.
Its General Partner
By: Canaan Capital Partners L.P.
Its General Partner
By: *
----------------------------
General Partner
Canaan Capital Offshore Limited Partnership C. V.
By: Canaan Capital Management L. P.
Its General Partner
By: Canaan Capital Partners L.P.
Its General Partner
By: *
----------------------------
General Partner
Canaan Capital Management L. P.
By: Canaan Capital Partners L.P.
Its General Partner
By: *
----------------------------
General Partner
Canaan Capital Offshore Management, N.V.
By: *
----------------------------
Director
Canaan Capital Partners L.P.
By: *
----------------------------
General Partner
Page 20 of 24 Pages
<PAGE> 2
*
- -----------------------------
Harry T. Rein
*
- -----------------------------
James J. Fitzpatrick
*
- -----------------------------
Stephen L. Green
*
- -----------------------------
Deepak Kamra
*
- -----------------------------
Gregory Kopchinsky
*
- -----------------------------
Robert J. Migliorino
*
- -----------------------------
Eric A. Young
*By: /s/ Guy M. Russo
---------------------
Guy M. Russo
Attorney-in-Fact
- -----------------------------------------------------------------------------
This Schedule 13G was executed by Guy M. Russo pursuant to Powers of Attorney a
copy of which is filed herewith as Exhibit 2.
Page 21 of 24 Pages
<PAGE> 1
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose signature
appears below hereby constitutes and appoints Guy M. Russo his true and lawful
attorney-in-fact and agent, with full power of substitution and resubstitution,
for him and in his name, place and stead, in any and all capacities (until
revoked in writing) to sign any and all instruments, certificates and documents
required to be executed on behalf of himself as an individual or in his capacity
as a general partner or authorized signatory, as the case may be, on behalf of
any of Canaan Capital Limited Partnership; Canaan Capital Offshore Limited
Partnership C.V.; Canaan Capital Offshore Management, N.V.; Canaan Capital
Management L.P. or Canaan Capital Partners, L.P. pursuant to the Securities Act
of 1933, as amended, (the "Securities Act"), or the Securities Exchange Act of
1934, as amended (the "Exchange Act"), and any and all regulations promulgated
thereunder and to file the same, with all exhibits thereto, and any other
documents in connection therewith, with the Securities and Exchange Commission,
and with any other entity when and if such is mandated by the Securities Act,
the Exchange Act or by the By-laws of the National Association of Securities
Dealers, Inc., granting unto said attorney-in-fact and agent full power and
authority to do and perform each and every act and thing requisite and necessary
fully to all intents and purposes as he might or could do in person thereby, and
ratifying and confirming all that said attorney-in-fact and agent, or his
substitute or substitutes, may lawfully do or cause to be done by virtue hereof,
or may have done in connection with the matters described above.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
Page 22 of 24 Pages
<PAGE> 2
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 29th day of
January, 1998.
CANAAN CAPITAL LIMITED PARTNERSHIP
By: Canaan Capital Management, L.P.
Its General Partner
By: Canaan Capital Partners, L.P.
Its General Partner
By: /s/ Harry T. Rein
-----------------------------
General Partner
CANAAN CAPITAL OFFSHORE LIMITED PARTNERSHIP C.V.
By: Canaan Capital Management, L.P.
Its General Partner
By: Canaan Capital Partners, L.P.
Its General Partner
By: /s/ Harry T. Rein
-----------------------------
General Partner
CANAAN CAPITAL OFFSHORE MANAGEMENT, N.V.
By: /s/ Harry T. Rein
-----------------------------
Director
CANAAN CAPITAL MANAGEMENT, L.P.
By: Canaan Capital Partners, L.P.
Its General Partner
By: /s/ Harry T. Rein
-----------------------------
General Partner
CANAAN CAPITAL PARTNERS, L.P.
By: /s/ Harry T. Rein
-----------------------------
General Partner
Page 23 of 24 Pages
<PAGE> 3
/s/ Harry T. Rein
- -----------------------------
Harry T. Rein
/s/ James J. Fitzpatrick
- -----------------------------
James J. Fitzpatrick
/s/ Stephen L. Green
- -----------------------------
Stephen L. Green
/s/ Deepak Kamra
- -----------------------------
Deepak Kamra
/s/ Gregory Kopchinsky
- -----------------------------
Gregory Kopchinsky
/s/ Robert J. Migliorino
- -----------------------------
Robert J. Migliorino
/s/ Eric A. Young
- -----------------------------
Eric A. Young
Page 24 of 24 Pages
