UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(F) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended March 31, 1999.
(Please read instructions before preparing form)
If amended report check here: ____
Greenway Partners, L.P.
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Name of Institutional Investment Manager
277 Park Avenue, 27th Floor, New York, New York, 10172
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Business Address (Street) (City) (State) (Zip)
Gary K. Duberstein, (212) 350-5100, Managing Director
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Name, Phone No., and Title of Person Duly Authorized to Submit This Report
ATTENTION
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS
CONSTITUTE FEDERAL CRIMINAL VIOLATIONS
SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A)
The institutional investment manager submitting this Form and its attachments
and the person by whom it is signed represent hereby that all information
contained therein is true, correct and complete. It is understood that all
required items, statements and schedules are considered integral parts of this
Form and that the submission of any amendment represents that all unamended
items, statements and schedules remain true, correct and complete as previously
submitted. Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of New York and State of New York on the 14th day of
May, 1999.
Greenway Partners, L.P.
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(Name of Institutional Investment Manager)
/s/ Gary K. Duberstein
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(Manual Signature of Person Duly
Authorized to Submit This Report)
Name and 13F file number of ALL Institutional Investment Managers with respect
to which this schedule is filed (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No.Name: 13F File No:
1. 6.
2. 7.
3. 8.
4. 9.
5. 10.
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FORM
13F
Page 1 of 3 Name of Reporting Manager: Greenway Partners, L.P.
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<TABLE>
<CAPTION>
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ITEM 6: INVESTMENT DISCRETION
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ITEM 1: ITEM 2: ITEM 3: CUSIP ITEM 4: FAIR ITEM 5: (B) SHARED- (C)
NAME OF ISSUER TITLE OF NUMBER MARKET VALUE SHARES OR AS DEFINED SHARED-
CLASS PRINCIPAL (A) SOLE IN INSTR. V OTHER
AMOUNT
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<S> <C> <C> <C> <C> <C> <C> <C>
Ascent Group COM 43628106 1,942,000 177,574 177,574
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Bethlehem Steel COM 87509105 10,725,000 1,300,000 1,300,000
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Biotime Inc. COM 090066L105 1,452,000 90,750 90,750
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Comsat Corp. COM SER 1 20564D107 4,584,000 158,400 158,400
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Converse COM 212540108 300,000 100,000 100,000
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Dave & Busters COM 23833N104 242,000 11,820 11,820
Inc.
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Florsheim Shoe COM 343302105 235,000 42,683 42,683
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Great Atlantic & Pac. COM 390064103 3,000,000 100,000 100,000
Tea Inc.
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Ladd Furniture COM 505739201 2,909,000 169,867 169,867
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LTX Corp. COM 502392103 2,435,000 506,000 506,000
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COLUMN TOTALS (PAGE) 27,824,000
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</TABLE>
Table Continued....
<TABLE>
<CAPTION>
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ITEM 8: VOTING AUTHORITY (SHARES)
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ITEM 1: ITEM 7:
NAME OF ISSUER MANAGERS SEE
INSTR. V (A) SOLE (B) SHARED (C) NONE
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<S> <C> <C> <C> <C>
Ascent Group 177,574
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Bethlehem Steel 1,300,000
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Biotime Inc. 90,750
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Comsat Corp. 158,400
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Converse 100,000
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Dave & Busters 11,820
Inc.
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Florsheim Shoe 42,683
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Great Atlantic & Pac. 100,000
Tea Inc.
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Ladd Furniture 169,867
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LTX Corp. 506,000
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COLUMN TOTALS (PAGE)
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</TABLE>
<PAGE>
FORM
13F
Page 2 of 3 Name of Reporting Manager: Greenway Partners, L.P.
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<TABLE>
<CAPTION>
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ITEM 6: INVESTMENT DISCRETION
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ITEM 1: ITEM 2: ITEM 3: CUSIP ITEM 4: FAIR ITEM 5: (B) (C) SHARED-
NAME OF ISSUER TITLE OF NUMBER MARKET VALUE SHARES OR SHARED- AS OTHER
CLASS PRINCIPAL (A) SOLE DEFINED IN
AMOUNT INSTR. V
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<S> <C> <C> <C> <C> <C> <C> <C>
NCR Corp. COM 62886E108 30,000,000 600,000 600,000
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Monarch Mach. COM 609150107 778,000 113,100 113,100
Tool Company
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Primesource Corp. COM 741593107 467,000 83,000 83,000
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Ryerson Tull COM 783755101 6,033,000 410,751 410,751
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Scitex Ltd. ORD 809090103 2,013,000 200,000 200,000
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Sunglass Hut COM 86736F106 10,920,000 1,040,000 1,040,000
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Unisys Corp COM 909214108 46,570,000 1,682,000 1,682,000
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Venator Group, Inc. COM 922944103 16,597,000 2,350,000 2,350,000
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COLUMN TOTALS (PAGE) 113,378,000
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AGGREGATE COLUMN 141,202,000
TOTALS
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</TABLE>
Table Continued....
<TABLE>
<CAPTION>
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ITEM 8: VOTING AUTHORITY (SHARES)
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ITEM 1: ITEM 7:
NAME OF ISSUER MANA-
GERS (A) SOLE (B) SHARED (C) NONE
SEE
INSTR. V
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<S> <C> <C> <C> <C>
NCR Corp. 600,000
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Monarch Mach. 113,100
Tool Company
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Primesource Corp. 83,000
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Ryerson Tull 410,751
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Scitex Ltd. 200,000
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Sunglass Hut 1,040,000
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Unisys Corp 1,682,000
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Venator Group, Inc. 2,350,000
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COLUMN TOTALS (PAGE)
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AGGREGATE COLUMN
TOTALS
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</TABLE>
<PAGE>
CONFIDENTIAL TREATMENT
FORM
13F
Page 3 of 3 Name of Reporting Manager: Greenway Partners, L.P.
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Confidential Treatment has been requested for this page pursuant to Rule
24b-2 under the Securities Exchange Act of 1934, as amended. The confidential
information contained on this page has been omitted here and filed separately
with the Commission.