================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(AMENDMENT NO. )
----------------------
TRIAD PARK LLC
(Name of Issuer)
LIMITED LIABILITY COMPANY MEMBERSHIP INTERESTS
(Title of Class of Securities)
895814101
(CUSIP Number)
----------------------
TIMOTHY I. LEVART
885 THIRD AVENUE
NEW YORK, NY 10022
TEL. NO.: (212) 371-3813
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
----------------------
MARCH 16, 1998
(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
statement because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Page 1 of 32 Pages
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 2 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Davidson Kempner Partners
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds WC
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization New York
------------------------
Number of (7) Sole Voting Power 320,000
Shares Bene- ------------------------
ficially (8) Shared Voting Power -
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power 320,000
Person With -------------------
(10) Shared Dispositive Power -
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 320,000
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 1.62%
---------
(14) Type of Reporting Person PN
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 3 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Davidson Kempner Institutional Partners, L.P.
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds WC
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization Delaware
------------------------
Number of (7) Sole Voting Power 568,300
Shares Bene- ------------------------
ficially (8) Shared Voting Power -
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power 568,300
Person With -------------------
(10) Shared Dispositive Power -
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 568,300
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 2.88%
---------
(14) Type of Reporting Person PN
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 4 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Davidson Kempner Endowment Partners
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds WC
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization New York
------------------------
Number of (7) Sole Voting Power 177,100
Shares Bene- ------------------------
ficially (8) Shared Voting Power -
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power 177,100
Person With -------------------
(10) Shared Dispositive Power -
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 177,100
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 0.90%
---------
(14) Type of Reporting Person PN
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 5 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
MHD Management Co.
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds AF
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization New York
------------------------
Number of (7) Sole Voting Power 497,300
Shares Bene- ------------------------
ficially (8) Shared Voting Power -
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power 497,300
Person With -------------------
(10) Shared Dispositive Power -
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 497,300
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 2.52%
---------
(14) Type of Reporting Person PN
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 6 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
M.H. Davidson & Co.
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds WC
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization New York
------------------------
Number of (7) Sole Voting Power 32,000
Shares Bene- ------------------------
ficially (8) Shared Voting Power -
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power 32,000
Person With -------------------
(10) Shared Dispositive Power -
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 32,000
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) .16%
---------
(14) Type of Reporting Person PN
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 7 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Davidson Kempner Advisers Inc.
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds AF
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization New York
------------------------
Number of (7) Sole Voting Power 568,300
Shares Bene- ------------------------
ficially (8) Shared Voting Power -
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power 568,300
Person With -------------------
(10) Shared Dispositive Power -
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 568,300
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 2.88%
---------
(14) Type of Reporting Person CO
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 8 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Davidson Kempner International Ltd.
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds WC
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization British Virgin Islands
------------------------
Number of (7) Sole Voting Power 54,600
Shares Bene- ------------------------
ficially (8) Shared Voting Power -
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power 54,600
Person With -------------------
(10) Shared Dispositive Power -
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 54,600
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 0.28%
---------
(14) Type of Reporting Person CO
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 9 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Davidson Kempner International Advisers, L.L.C.
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds AF
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization Delaware
------------------------
Number of (7) Sole Voting Power 54,600
Shares Bene- ------------------------
ficially (8) Shared Voting Power -
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power 54,600
Person With -------------------
(10) Shared Dispositive Power -
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 54,600
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 0.28%
---------
(14) Type of Reporting Person CO
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 10 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Marvin H. Davidson
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds AF
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization United States
------------------------
Number of (7) Sole Voting Power -
Shares Bene- ------------------------
ficially (8) Shared Voting Power 1,152,200
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power -
Person With -------------------
(10) Shared Dispositive Power 1,152,200
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,152,200
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [ ]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 5.85%
---------
(14) Type of Reporting Person IN
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 11 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Thomas L. Kempner, Jr.
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds AF, PF
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization United States
------------------------
Number of (7) Sole Voting Power --
Shares Bene- ------------------------
ficially (8) Shared Voting Power 1,153,300
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power --
Person With -------------------
(10) Shared Dispositive Power 1,153,300
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,152,200
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [X]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 5.85%
---------
(14) Type of Reporting Person IN
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 12 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Stephen M. Dowicz
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds AF
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization United States
------------------------
Number of (7) Sole Voting Power -
Shares Bene- ------------------------
ficially (8) Shared Voting Power 1,153,300
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power -
Person With -------------------
(10) Shared Dispositive Power 1,153,300
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,152,200
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [X]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 5.85%
---------
(14) Type of Reporting Person IN
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 13 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Scott E. Davidson
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds AF
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization United States
------------------------
Number of (7) Sole Voting Power -
Shares Bene- ------------------------
ficially (8) Shared Voting Power 1,153,300
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power -
Person With -------------------
(10) Shared Dispositive Power 1,153,300
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,152,200
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [X]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 5.85%
---------
(14) Type of Reporting Person IN
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 14 OF 32 PAGES
---------
(1) Name of Reporting Persons. S.S. or I.R.S. Identification
Nos. of Above Persons
Michael J. Leffell
------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group
(a) X (b)
----------------- -----------------------------------
(3) SEC Use Only
(4) Source of Funds AF
---------------------------------------------
(5) Check if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
------------------------------
(6) Citizenship or Place of Organization United States
------------------------
Number of (7) Sole Voting Power -
Shares Bene- ------------------------
ficially (8) Shared Voting Power 1,153,300
Owned by Each ----------------------
Reporting (9) Sole Dispositive Power -
Person With -------------------
(10) Shared Dispositive Power 1,153,300
-----------------
(11) Aggregate Amount Beneficially Owned by Each Reporting
Person 1,152,200
-----------------------------------------------------
(12) Check if the Aggregate Amount in Row (11) Excludes Certain
Shares [X]
-----------------------------------------------------
(13) Percent of Class Represented by Amount in Row (11) 5.85%
---------
(14) Type of Reporting Person IN
-----------------------------------
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 15 OF 32 PAGES
---------
Item 1. Security and Issuer.
This Schedule relates to the Limited Liability Company
Interests (the "Interests") par value $.01 per Interest, of Triad Park, LLC (the
"Company"). The principal executive offices of the Company are located at 3055
Triad Drive, Livermore, California 94550.
Item 2. Identity and Background.
The names and addresses of the persons filing this
Schedule are as follows:
Davidson Kempner Partners ("DKP"), a New York limited
partnership, whose address is 885 Third Avenue, New York, New
York, 10022, and which is engaged in buying and selling
securities for investment purposes;
Davidson Kempner Institutional Partners, L.P.
("DKIP"), a Delaware limited partnership, whose address is 885
Third Avenue, New York, New York, 10022, and which is engaged
in buying and selling securities for investment purposes;
Davidson Kempner Endowment Partners ("DKEP"), a New York
limited partnership, whose address is 885 Third Avenue, New
York, New York, 10022, and which is engaged in buying and
selling securities for investment purposes;
MHD Management Co. ("MHD"), a New York limited
partnership, the general partner of DKP and DKEP whose address
is 885 Third Avenue, New York, New York, 10022, and which is
engaged in buying and selling securities for investment
purposes;
M.H. Davidson & Co., a New York limited
partnership whose address is 885 Third Avenue, New
York, New York, 10022, and which is engaged in
buying and selling securities for investment
purposes;
Davidson Kempner Advisers Inc. ("DKAI"), a New
York corporation, whose address is 885 Third
Avenue, New York, New York, 10022, and which is
engaged in buying and selling securities for
investment purposes. DKAI is the general partner
of DKIP;
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 16 OF 32 PAGES
---------
Davidson Kempner International Ltd. ("DKIL"), a
British Virgin Islands company, whose address is
c/o Citco B.V.I. Limited, Citco Building, Wickhams
Cay, P.O. Box 662, Road Town, Tortolla British
Virgin Islands, and which is engaged in buying and
selling securities for investment purposes;
Davidson Kempner International Advisors, L.L.C.
("DKIA"), a Delaware limited liability company, whose address
is 885 Third Avenue, New York, New York 10022, and which is
the investment manager of DKIL; and
Marvin H. Davidson, Thomas L. Kempner, Jr.,
Stephen M. Dowicz, Scott E. Davidson and Michael
J. Leffell, general partners of MHD and M.H.
Davidson & Co. and who are the sole stockholders
of DKAI. Information in response to Items (a)
through (c) and (f) with respect to Messrs. Marvin
H. Davidson, Kempner, Dowicz, Scott E. Davidson
and Leffell is set forth in Appendix I, attached
hereto and incorporated by reference herein.
The above named persons are sometimes referred to
as the "Reporting Persons."
None of the Reporting Persons has, during the last five years,
been (i) convicted in a criminal proceeding or (ii) a party to a civil
proceeding of a judicial or adminis trative body of competent jurisdiction as a
result of which such person was 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.
Certain information concerning the officers and directors of
DKAI and DKIA is set forth on Appendix I hereto and incorporated by reference
herein.
Item 3. Source and Amount of Funds or Other Consideration
Working capital of DKP, DKIP, DKEP, MHD and DKIL.
Item 4. Purpose of the Transaction.
DKP, DKIP, DKEP, MHD and DKIL have acquired the shares of
Common Stock for investment purposes.
DKP, DKIP, DKEP, MHD and DKIL have no intention, plan or
proposal with respect to:
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 17 OF 32 PAGES
---------
(a) The acquisition by any person of additional
securities of the issuer, or the disposition
of securities of the issuer;
(b) An extraordinary corporate transaction, such
as a merger, reorganization or liquidation,
involving the issuer or any of its
subsidiaries;
(c) A sale or transfer of a material amount of
assets of the issuer or any of its
subsidiaries;
(d) Any change in the present Board of Directors or
management of the issuer, including any plans or
proposals to change the number or term of directors
or to fill any existing vacancies on the Board;
(e) Any material change in the present
capitalization or dividend policy of the
issuer;
(f) Any other material change in the issuer's
business or corporate structure, including
but not limited to, if the issuer is a
registered closed-end investment company, any
plans or proposals to make any changes in its
investment policy for which a vote is
required by Section 13 of the Investment
Company Act of 1940;
(g) Changes in the issuer's charter, bylaws or
instruments corresponding thereto or other actions
which may impede the acquisition of control of the
issuer by any person;
(h) Causing a class of securities of the issuer to be
delisted from a national securities exchange or to
cease to be authorized to be quoted in an
inter-dealer quotation system of a registered
national securities association;
(i) A class of equity securities of the issuer becoming
eligible for termination of registration pursuant to
Section 12(g)(4) of the Securities Exchange Act of
1934; or
(j) Any action similar to any of those enumerated
above.
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 18 OF 32 PAGES
---------
Each of the Reporting Persons, however, may, at any time and
from time to time, and reserves the right to, acquire additional securities of
the Company, dispose of any such securities of the Company or formulate other
plans or proposals regarding the Company or its securities, to the extent deemed
advisable by such Reporting Person in light of its general investment policies,
market conditions or other factors.
Item 5. Interest in Securities of the Issuer.
The aggregate percentage of Interests reported owned by each
person herein is based upon the Issuer's Form 10-QSB filed on November 12, 1997,
which disclosed that 19,708,123 Interests were outstanding at the close of
business on September 30, 1997.
As of the close of business on November 16, 1998:
Name of Reporting Party:
- ------------------------
DKP
(a) Aggregate Number of Securities Owned 320,200
Percentage 1.62%
(b) 1. Sole power to vote or to direct
the vote 320,200
2. Shared power to vote or to direct
the vote --
3. Sole power to dispose or to direct
the disposition 320,200
4. Shared power to dispose of or to
direct the disposition --
(c) Information concerning transactions in
the Common Stock effected by DKP is set
forth in Appendix II.
DKIP
(a) Aggregate Number of Securities Owned 568,300
Percentage 2.88%
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 19 OF 32 PAGES
---------
(b) 1. Sole power to vote or to direct
the vote 568,300
2. Shared power to vote or to direct
the vote --
3. Sole power to dispose or to direct
the disposition 568,300
4. Shared power to dispose of or to
direct the disposition --
(c) Information concerning transactions
in the Common Stock effected by DKIP is
set forth in Appendix II.
DKEP
(a) Aggregate Number of Securities Owned 177,100
Percentage .90%
(b) 1. Sole power to vote or to direct
the vote 177,100
2. Shared power to vote or to direct
the vote --
3. Sole power to dispose or to direct
the disposition 177,100
4. Shared power to dispose of or to
direct the disposition --
(c) Information concerning transactions
in the Common Stock effected by DKEP is
set forth in Appendix II.
MHD Management Co.
(a) Aggregate Number of Securities Owned 497,300
(b) Percentage 2.52%
1. Sole power to vote or to direct
the vote 497,300
2. Shared power to vote or to direct
the vote --
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 20 OF 32 PAGES
---------
3. Sole power to dispose or to direct
the disposition 497,300
4. Shared power to direct the
disposition --
M.H. Davidson & Co.
(a) Aggregate Number of Securities Owned 32,000
(b) Percentage .16%
1. Sole power to vote or to direct
the vote 32,000
2. Shared power to vote or to direct
the vote --
3. Sole power to dispose or to direct
the disposition 32,000
4. Shared power to direct the
disposition --
(c) Information concerning transactions
in the Common Stock effected by M.H. Davidson
& Co. is set forth in Appendix II.
Davidson Kempner Advisers Inc.
(a) Aggregate Number of Securities Owned 568,300
(b) Percentage 2.88%
1. Sole Power to vote or to direct
the vote 568,300
2. Shared Power to vote or to direct
the vote --
3. Sole power to dispose or to direct
the dispositions 568,300
4. Shared power to direct the
disposition --
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 21 OF 32 PAGES
---------
Davidson Kempner International Ltd.
(a) Aggregate Number of Securities Owned 54,600
(b) Percentage .28%
1. Sole power to vote or to direct
the vote 54,600
2. Shared power to vote or to direct
the vote --
3. Sole power to dispose or to direct
the disposition 54,600
4. Shared power to direct the
disposition --
(c) Information concerning transactions
in the Common Stock effected by DKIL
is set forth in Appendix II.
DKIA
(a) Aggregate Number of Securities Owned 54,600
(b) Percentage .28%
1. Sole power to vote or to direct
the vote 54,600
2. Shared power to vote or to direct
the vote --
3. Sole power to dispose or to direct
the disposition 54,600
4. Shared power to direct the
disposition --
Marvin H. Davidson
(a) Aggregate Number of Securities Owned 1,152,200
(b) Percentage 5.85%
5. Sole Power to vote or to direct
the vote --
6. Shared Power to vote or to direct
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 22 OF 32 PAGES
---------
the vote 1,152,200
7. Sole power to dispose or to direct
the dispositions --
8. Shared power to direct the
disposition 1,152,200
Thomas L. Kempner, Jr.
(a) Aggregate Number of Securities Owned 1,152,200*/
(b) Percentage 5.85%
1. Sole Power to vote or to direct
the vote --
2. Shared Power to vote or to direct
the vote 1,153,300
3. Sole power to dispose or to direct
the disposition --
4. Shared power to direct the
disposition 1,153,300
Stephen M. Dowicz
(a) Aggregate Number of Securities Owned 1,152,200*/
(b) Percentage 5.85%
1. Sole Power to vote or to direct
the vote --
2. Shared Power to vote or to direct
the vote 1,153,300
- --------
*/ Excludes 1,100 shares held by the M.H. Davidson & Co.,
Inc. 401(k) Plan, of which Messrs. Kempner, Leffell,
Dowicz and Scott Davidson are the Trustees. Each of
Messrs. Kempner, Leffell, Dowicz and Scott Davidson
disclaims beneficial ownership of such shares except to
the extent of such persons interest in such 401(k)
Plan.
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 23 OF 32 PAGES
---------
3. Sole power to dispose or to direct
the disposition --
4. Shared power to direct the
disposition 1,153,300
Scott E. Davidson
(a) Aggregate Number of Securities Owned 1,152,200*/
(b) Percentage 5.85%
1. Sole Power to vote or to direct
the vote --
2. Shared Power to vote or to direct
the vote 1,153,300
3. Sole power to dispose or to direct
the disposition --
4. Shared power to direct the
disposition 1,153,300
Michael J. Leffell
(a) Aggregate Number of Securities Owned 1,152,200*/
(b) Percentage 5.85%
1. Sole Power to vote or to direct
the vote --
2. Shared Power to vote or to direct
the vote 1,153,300
3. Sole power to dispose or to direct
the disposition --
4. Shared power to direct the
disposition 1,153,300
- --------
*/ Excludes 1,100 shares held by the M.H. Davidson & Co.,
Inc. 401(k) Plan, of which Messrs. Kempner, Leffell,
Dowicz and Scott Davidson are the Trustees. Each of
Messrs. Kempner, Leffell, Dowicz and Scott Davidson
disclaims beneficial ownership of such shares except to
the extent of such persons interest in such 401(k)
Plan.
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 24 OF 32 PAGES
---------
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the
Issuer
None.
Item 7. Material to be Filed as Exhibits
Exhibit 1: 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>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 25 OF 32 PAGES
---------
SIGNATURES
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.
March 20, 1998
DAVIDSON KEMPNER PARTNERS
By MHD Management Co., its
general partner
By: /s/ Thomas L. Kempner, Jr
-----------------------------
Thomas L. Kempner, Jr.
General Partner
DAVIDSON KEMPNER INSTITUTIONAL
PARTNERS, L.P.
By Davidson Kempner Advisers
Inc., its general partner
By: /s/ Thomas L. Kempner, Jr
-----------------------------
Thomas L. Kempner, Jr.
Secretary
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 26 OF 32 PAGES
---------
DAVIDSON KEMPNER ENDOWMENT PARTNERS
By MHD Management Co., its
general partner
By: /s/ Thomas L. Kempner, Jr
-----------------------------
Thomas L. Kempner, Jr.
General Partner
MHD MANAGEMENT CO.
By: /s/ Thomas L. Kempner, Jr
-----------------------------
Thomas L. Kempner, Jr.
General Partner
DAVIDSON KEMPNER ADVISERS INC.
By: /s/ Thomas L. Kempner, Jr
-----------------------------
Thomas L. Kempner, Jr.
Secretary
DAVIDSON KEMPNER INTERNATIONAL LTD.
By Davidson Kempner International
Advisors, LLC
By: /s/ Thomas L. Kempner, Jr
-----------------------------
Thomas L. Kempner, Jr.
A Managing Member
DAVIDSON KEMPNER INTERNATIONAL
ADVISORS, LLC
By: /s/ Thomas L. Kempner, Jr
-----------------------------
Thomas L. Kempner, Jr.
A Managing Member
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 27 OF 32 PAGES
---------
/s/ Marvin H. Davidson
----------------------
Marvin H. Davidson
/s/ Thomas L. Kempner, Jr.
--------------------------
Thomas L. Kempner, Jr.
/s/ Stephen M. Dowicz
---------------------
Stephen M. Dowicz
/s/ Scott E. Davidson
---------------------
Scott E. Davidson
/s/ Michael J. Leffell
----------------------
Michael J. Leffell
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 28 OF 32 PAGES
---------
APPENDIX I
Davidson Kempner Advisers Inc. and
Davidson Kempner International Advisors LLC
Present Principal Occupation
Name and Position and Business Address
- ----------------- ----------------------------
Marvin H. Davidson Investment Advisor
DKAI - President 885 Third Avenue
DKIA - Executive Managing New York, NY 10022
Member
Stephen M. Dowicz Investment Advisor
DKAI - Treasurer 885 Third Avenue
DKIA - Managing Member New York, NY 10022
Thomas L. Kempner, Jr. Investment Advisor
DKAI - Secretary 885 Third Avenue
DKIA - Managing Member New York, NY 10022
Scott E. Davidson Investment Advisor
DKAI - Managing Director 885 Third Avenue
DKIA - Managing Member New York, NY 10022
Michael J. Leffell Investment Advisor
DKAI - Managing Director 885 Third Avenue
DKIA - Managing Member New York, NY 10022
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 29 OF 32 PAGES
---------
APPENDIX II
Triad Park, LLC
Transaction Schedule
For the sixty-day period ending March 16, 1998
Where/How
Transaction
Date Quantity Price/Share Buy/Sell Affected
---- -------- ----------- -------- --------
1/29/98 80,000 1.28125 Buy Open Market
3/16/98 250,000 1.63 Buy Open Market
EXHIBIT 1
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 30 OF 32 PAGES
---------
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 herein, 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 accurate.
Dated: March 20, 1998
DAVIDSON KEMPNER PARTNERS
By MHD Management Co., its
general partner
By: /s/ Thomas L. Kempner, Jr
-----------------------------
Thomas L. Kempner, Jr.
General Partner
DAVIDSON KEMPNER INSTITUTIONAL
PARTNERS, L.P.
By Davidson Kempner Advisers
Inc., its general partner
By: /s/ Thomas L. Kempner, Jr
-----------------------------
Thomas L. Kempner, Jr.
Secretary
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 31 OF 32 PAGES
---------
DAVIDSON KEMPNER ENDOWMENT PARTNERS
By MHD Management Co., its
general partner
By:/s/ Thomas L. Kempner, Jr.
-----------------------------
Thomas L. Kempner, Jr.
General Partner
MHD MANAGEMENT CO.
By: /s/ Thomas L. Kempner, Jr.
------------------------------
Thomas L. Kempner, Jr.
General Partner
DAVIDSON KEMPNER ADVISERS INC.
By: /s/ Thomas L. Kempner, Jr.
------------------------------
Thomas L. Kempner, Jr.
Secretary
DAVIDSON KEMPNER INTERNATIONAL LTD.
By Davidson Kempner International
Advisors, LLC
By: /s/ Thomas L. Kempner, Jr.
------------------------------
Thomas L. Kempner, Jr.
A Managing Member
DAVIDSON KEMPNER INTERNATIONAL
ADVISORS, LLC
By: /s/ Thomas L. Kempner, Jr.
------------------------------
Thomas L. Kempner, Jr.
A Managing Member
<PAGE>
SCHEDULE 13D
CUSIP NO. 895814101 PAGE 32 OF 32 PAGES
---------
/s/ Marvin H. Davidson
----------------------
Marvin H. Davidson
/s/ Thomas L. Kempner, Jr.
--------------------------
Thomas L. Kempner, Jr.
/s/ Stephen M. Dowicz
---------------------
Stephen M. Dowicz
/s/ Scott E. Davidson
---------------------
Scott E. Davidson
/s/ Michael J. Leffell
----------------------
Michael J. Leffell
