BANKERS TRUST NEW YORK CORPORATION
One Bankers Trust Plaza
New York, New York 10006
Linda L. Assali Mailing Address
Vice President BT Services Tennessee, Inc.
Telephone : (615)835-2901 648 Grassmere Park Road
Nashville, Tennessee 37211
February 14, 1997
Securities and Exchange Commission
SEC Document Control
450 Fifth Street, N W
Washington, DC 20549
Attn. : Filling Desk
Dear Sirs :
Re : Filing of Schedule 13G on
BIG FLOWER PRESS
Pursuant to Rule 13d-1 of the General Rules and
Regulations copy under the Securities Exchange Act of 1934,
the following is one of the Schedule 13G with respect to
the common stock of the above referenced corporation.
Please acknowledge your receipt of the Schedule 13G filing
submission through the EDGAR-Link System software, by
E-Mail confirmation.
Sincerely,
Linda L. Assali
Enclosures
Page 1 of 6
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 ) *
--------
BIG FLOWER PRESS
NAME OF ISSUER :
Common Stock: Par Value ($ 0.01)
TITLE OF CLASS OF SECURITIES
089160105
CUSIP NUMBER
Check the following box if a fee is being paid with this
statement [ ]. (A fee is not required only if the
filing 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 there to reporting beneficial ownership of five
percent or less of such class. ) ( See Rule 13d-7.)
* 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 reminder 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).
Continued on following page(s)
Page 2 of 6
CUSIP No. 089160105
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bankers Trust New York Corporation and its indirect
wholly-owned subsidiary, BT Investment Partners, Inc.
13-6180473
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(A) [ ]
(B) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Both Bankers Trust New York Corporation and BT
Investment Partners, Inc. are New York Corporations.
NUMBER OF 5. SOLE VOTING POWER
BT Investment Partners 1,738,692 shares
SHARES
BENEFICIALLY 6. SHARED VOTING POWER
BT Investment Partners 0 shares
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER
BT Investment Partners 1,738,692 shares
REPORTING
PERSON 8. SHARED DISPOSITIVE POWER
BT Investment Partners 0 shares
WITH
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
BT Investment Partners 1,738,692 shares
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(9) EXCLUDES
CERTAIN SHARES *
[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
BT Investment Partners 9.7%
12. TYPE OF REPORTING PERSON *
Bankers Trust New York Corporation - HC
BT Investment Partners, Inc. - IV
Page 3 of 6
CUSIP No. 089160105
Item 1 (a) NAME OF ISSUER:
BIG FLOWER PRESS
Item 1 (b) ADDRESSES OF ISSUER'S PRINCIPAL EXECUTIVE
OFFICES:
3 East 54th Street
New York, NY 10022
Item 2 (a) NAME OF PERSON FILING:
Bankers Trust New York Corporation, and its
indirect wholly-owned subsidiary, BT Investment Partners,
Inc.
Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
280 Park Avenue
New York, New York 10017
Item 2(c) CITIZENSHIP:
Bankers Trust New York Corporation, and its
indirect wholly - owned subsidiary, BT Investment Partners,
Inc., are incorporated in the State of New York with
its principal business office located in New
York.
Item 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock: No Par Value
Item 2 (e) CUSIP NUMBER:
089160105
CUSIP No. 089160105 Page 4 of 6
Item 3 THE PERSON FILING IS A:
Not applicable.
Item 4 OWNERSHIP:
As of December 31, 1996
(a) Amount Beneficially Owned:
BT Investment Partners 1,738,692 shares
(b) Percent of Class:
BT Investment Partners 9.7%
(c) Number of shares as to which the Bank has:
(i) Sole power to vote or to direct the vote -
BT Investment Partners 1,738,692 shares
(ii) Shared power to vote or to direct the vote -
BT Investment Partners 0 shares
(iii) Sole power to dispose or to direct the disposition of
- -
BT Investment Partners 1,738,692 shares
(iv) Shared power to dispose or to direct the disposition
of -
BT Investment Partners 0 shares
Item 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not applicable.
Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON:
Not applicable.
CUSIP No. 089160105 Page 5 of 6
Item 7 IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE PARENT HOLDING COMPANY:
See Item 3 above.
Item 8 IDENTIFICATION AND CLASSIFICATION AND
CLASSIFICATION OF NUMBERS OF THE GROUP:
Not applicable.
Item 9 NOTICE OF DISSOLUTION OF GROUP:
Not applicable.
Item 10 CERTIFICATION:
By signing below I certify that , to the best of
my knowledge and belief, the securities referred
to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have
the effect of changing or influencing the control of the
issuer of such securities and were not acquired in
connection with or as a participant in any transaction having such
purpose or effect.
Page 6 of 6
CUSIP No. 089160105
SIGNATURE:
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.
Date: as of December 31, 1996
Signature: Bankers Trust New York Corporation
By : /s/James T. Byrne, Jr.
Name : James T. Byrne, Jr.
Title: Secretary
Signature: BT Investment Partners, Inc.
By: /s/Brian Talbot.
Name: Brian Talbot.
Title: Secretary
EXHIBIT TO ITEM 7
The chain of ownership from Bankers Trust New York
Corporation to BT Investment Partners, Inc. is shown below:
Bankers Trust New York Corporation
|
100%
|
BT Holdings (New York) Company
|
100%
|
BT Investment Partners, Inc.
