UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Amendment No. 2
MONEYGRAM PAYMENT SYSTEMS, INC.
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(Name of Issuer)
Common Stock, No Par Value
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(Title of Class of Securities)
608910-10-5
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(CUSIP Number)
Bruce Berkowitz
100 Jericho Quadrangle
Suite 212
Jericho, New York 11753
(212) 319-4100
-with copies to-
Joseph F. Mazzella, Esq.
Lane Altman & Owens LLP
101 Federal Street
Boston, Massachusetts 02110
(617) 345-9800
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
October 22, 1997
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(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 [ ].
Check the following box if a fee is being paid with the statement. (A fee is not
required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.) [ ]
NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13-d(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 the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SCHEDULE 13D
CUSIP NO. 608910-10-5 PAGE 2 OF 5 PAGES
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person Joel M. Greenblatt
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2 Check the Appropriate Box if a Member of a Group* (a) |_|
(b) |X|
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3 SEC Use Only
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4 Source of Funds* AF
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5 Check Box if Disclosure of Legal Proceeding is
Required Pursuant to Items 2(d) or 2(e) |_|
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6 Citizenship or Place of Organization USA
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Number of 7 Sole Voting Power 0
Shares __________________________________________________
Beneficially 8 Shared Voting Power 0
Owned by __________________________________________________
Each 9 Sole Dispositive Power 0
Reporting __________________________________________________
Person With 10 Shared Dispositive Power 0
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11 Aggregate Amount Beneficially Owned by Each Reporting Person 0
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
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13 Percent of Class Represented by Amount in Row (11) 0
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14 Type of Reporting Person* IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
SCHEDULE 13D
CUSIP NO. 608910-10-5 PAGE 3 OF 5 PAGES
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person Daniel L. Nir
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2 Check the Appropriate Box if a Member of a Group* (a) |_|
(b) |X|
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3 SEC Use Only
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4 Source of Funds* AF
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5 Check Box if Disclosure of Legal Proceeding is
Required Pursuant to Items 2(d) or 2(e) |_|
- --------------------------------------------------------------------------------
6 Citizenship or Place of Organization USA
- --------------------------------------------------------------------------------
Number of 7 Sole Voting Power 0
Shares __________________________________________________
Beneficially 8 Shared Voting Power 0
Owned by __________________________________________________
Each 9 Sole Dispositive Power 0
Reporting __________________________________________________
Person With 10 Shared Dispositive Power 0
- --------------------------------------------------------------------------------
11 Aggregate Amount Beneficially Owned by Each Reporting Person 0
- --------------------------------------------------------------------------------
12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
13 Percent of Class Represented by Amount in Row (11) 0
- --------------------------------------------------------------------------------
14 Type of Reporting Person* IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
CUSIP NO. 608910-10-5 PAGE 4 OF 5 PAGES
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THIS AMENDMENT NO. 2 RELATES TO THE SCHEDULE 13D FILED ON BEHALF OF THE
REPORTING PERSONS ON APRIL 14, 199 AND PREVIOUSLY AMENDED BY AMENDMENT NO. 1
FILED OCTOBER 3, 1997. ITEM 5 AND ITEM 7 OF SAID 13D ARE MODIFIED AS SET FORTH
HEREIN. UNLESS OTHERWISE DEFINED BELOW, ALL CAPITALIZED TERMS USED HEREIN SHALL
HAVE THE MEANING ASCRIBED TO THEM IN SAID SCHEDULE 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a) As a result of dispositions of stock on October 22, 1997, the
beneficial ownership by each of Joel M. Greenblatt and Daniel L. Nir of Common
Stock of the Issuer has been reduced to 0.
(c) Transactions in the securities of the Issuer reported on herein
which have been effected in the past sixty days by the Reporting Persons are as
follows (all such transactions were open market sales):
Date No. of Shares Price per Share Total
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9/26/97 (100,000) 18.125 ($1,812,500)
9/29/97 (130,000) 18.024 ($2,343,120)
9/30/97 (368,500) 18.000 ($6,633,000)
10/22/97 (1,017,000) 15.0025 ($15,257,542.50)
(d) Not Applicable.
(e) Not Applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS AND RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
Not Applicable.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit A. Agreement of Joint Filing -- Incorporated by reference
to Exhibit A attached to
the Schedule 13D filed with
the Securities and Exchange
Commission on April 11,
1991.
CUSIP NO. 608910-10-5 PAGE 5 OF 5 PAGES
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After reasonable inquiry and to the best of our knowledge and belief, we each
certify that the information set forth in this statement is true, complete and
correct. This statement may be executed in multiple counterparts, each of which
shall be deemed an original and all of which shall constitute one (1)
instrument.
/s/ Joel M. Greenblatt
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Joel M. Greenblatt
/s/ Daniel L. Nir
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Daniel L. Nir
Date: October 23, 1997
