UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. __________________)*
SHARED TECHNOLOGIES FAIRCHILD INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.004 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
81948QAAS
- --------------------------------------------------------------------------------
(CUSIP Number)
Shared Technologies Fairchild Inc. 100 Great Meadow Road,
Wethersfield, CT 06109 Attn: Kenneth M.Dorros
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
July 16, 1997
- --------------------------------------------------------------------------------
(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 13d-1(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).
Page 1 of 4 Pages<PAGE>
<PAGE>
SCHEDULE 13D
- ---------------------- ---------------------------
CUSIP No. 81948QAAS Page 2 of 4 Pages
--------- --- ---
- ---------------------- ---------------------------
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Fairchild Corporation - IRS EIN 34-0728587
RHI Holdings, Inc. - IRS EIN 34-1545939
- -------------------------------------------------------------------------------
2 CHECK THE APPROXIMATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
PF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) |_|
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
The Reporting Persons are incorporated under the laws of Delaware
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 9,921,568
SHARES ------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH ------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON WITH 9,921,568
------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,921,568
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_|
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
54%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
- -------------------------------------------------------------------------------
Page 2 of 4 Pages
<PAGE>
<PAGE>
This Amendment No. 1 to this Schedule 13D is being filed to reflect a press
release issued by Shared Technologies Fairchild Inc. on July 14, 1997 and as
further discussed in Item 4 below.
Item 4. Purpose of Transaction.
- ------- ----------------------
The information contained in Item 4 to the Schedule is hereby amended to read
in its entirety as follows:
Shared Technologies Fairchild Inc. (the "Company") announced that it
is engaged in discussions regarding a possible sale or merger of the
Company. The Company can make no assurances that any discussions
regarding the sale or merger of the Company will result in any
definitive agreement, or, if a definitive agreement is reached, that
any transaction will be consummated. The Fairchild Corporation ("TFC")
is also participating in such discussions. In the ordinary course of
business, TFC reviews its investment in the Company and will take such
actions with respect to its investment in the Company as it deems
appropriate under the facts and circumstances existing from time to
time. Other than the foregoing, neither TFC nor RHI currently has
specific plans or proposals that relate to or would result in any of
the matters described in subparagraphs (a) through (j) of Item 4 of
Schedule 13D.
<PAGE>
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.
July 16, 1997
THE FAIRCHILD CORPORATION
By: /s/ Donald E. Miller
------------------------
Donald E. Miller
Senior Vice President
General Counsel
and Secretary
RHI HOLDINGS, INC.
By: /s/ Donald E. Miller
----------------------
Donald E. Miller
Vice President
and Secretary
