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ACLI American Commercial Lines (MM)

32.99
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
American Commercial Lines (MM) NASDAQ:ACLI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 32.99 0 01:00:00

- Initial Statement of Beneficial Ownership (3)

29/10/2010 2:44am

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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OMB Number: 3235-0104
Expires: February 28, 2011
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FINN HOLDING Corp

2. Date of Event Requiring Statement (MM/DD/YYYY)
10/18/2010 

3. Issuer Name and Ticker or Trading Symbol

AMERICAN COMMERCIAL LINES INC. [ACLI]

(Last)        (First)        (Middle)

C/O PLATINUM EQUITY, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

BEVERLY HILLS, CA 90210       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   0   I   See   (1) (2) (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  On October 18, 2010, Parent, Finn Merger Corporation, a Delaware corporation ("Merger Sub"), and the Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which Merger Sub will be merged with and into the Issuer, with the Issuer surviving and continuing as the surviving corporation and a wholly-owned subsidiary of Parent. (Continued in footnote 2).
( 2)  In connection with the Merger Agreement, Parent entered into a voting agreement and irrevocable proxies ( the "Voting Agreement") with certain stockholders of the Issuer covering in the aggregate, 3,234,474 shares of the Issuer's Common Stock, constituting approximately 25.19% of the Issuer's issued and outstanding Common Stock. Due to the rights granted to Parent under the Voting Agreement, Parent may be deemed to have a beneficial ownership of the shares of Common Stock subject to the Voting Agreement. PECP II, the sole stockholder of Parent, Platinum Partners, the general partner of PECP II, Platinum Investment, the senior managing member of Platinum Partners, Platinum Equity, the sole member of Platinum Investment, and Tom Gores, the ultimate beneficial owner and Chairman of Platinum Equity may also be deemed to beneficially own such securities. (Continued in footnote 3).
( 3)  Each Reporting Person expressly disclaims beneficial ownership of the securities reported herein, and none of the Reporting Persons has any pecuniary interest in any of the shares of Common Stock subject to the Voting Agreement. The Reporting Persons expressly declare that the filing of this Form 3 shall not be construed as an admission that any Reporting Person is the beneficial owner of any securities covered by this Form 3.

Remarks:
The "Reporting Persons" are (i) Finn Holding Corporation ("Parent"), (ii) Platinum Equity Capital Partners II, L.P. ("PECP II"), (iii) Platinum Equity Partners II, LLC ( "Platinum Partners"), (iv) Platinum Equity Investment Holdings II, LLC ("Platinum Investment"), (v) Platinum Equity, LLC ("Platinum Equity"), and (vi) Tom Gores (each individually, a "Reporting Person"). This report is filed jointly by the Reporting Persons.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FINN HOLDING Corp
C/O PLATINUM EQUITY, LLC
360 NORTH CRESCENT DRIVE, SOUTH BUILDING
BEVERLY HILLS, CA 90210

X

Platinum Equity Capital Partners II LP
C/O PLATINUM EQUITY, LLC
360 NORTH CRESCENT DRIVE, SOUTH BUILDING
BEVERLY HILLS, CA 90210

X

Platinum Equity Partners II, LLC
C/O PLATINUM EQUITY, LLC
360 NORTH CRESCENT DRIVE, SOUTH BUILDING
BEVERLY HILLS, CA 90210

X

Platinum Equity Investment Holdings II, LLC
C/O PLATINUM EQUITY, LLC
360 NORTH CRESCENT DRIVE, SOUTH BUILDING
BEVERLY HILLS, CA 90210

X

PLATINUM EQUITY LLC
C/O PLATINUM EQUITY, LLC
360 NORTH CRESCENT DRIVE, SOUTH BUILDING
BEVERLY HILLS, CA 90210

X

Gores Tom
C/O PLATINUM EQUITY, LLC
360 NORTH CRESCENT DRIVE, SOUTH BUILDING
BEVERLY HILLS, CA 90210

X


Signatures
by /s/ Eva Kalawski, Vice President and Secretary on behalf of Finn Holding Corporation 10/28/2010
** Signature of Reporting Person Date

by /s/ Eva Kalawski, Vice President and Secretary on behalf of Platinum Equity Investment Holdings II, LLC, the senior managing member of Platinum Equity Partners II, LLC, the general partner of Platinum Equity Capital Partners II, L.P. 10/28/2010
** Signature of Reporting Person Date

by /s/ Eva Kalawski, Vice President and Secretary on behalf of Platinum Equity Investment Holdings II, LLC, the senior managing member of Platinum Equity Partners II, LLC 10/28/2010
** Signature of Reporting Person Date

by /s/ Eva Kalawski, Vice President and Secretary on behalf of Platinum Equity Investment Holdings II, LLC 10/28/2010
** Signature of Reporting Person Date

by /s/ Eva Kalawski, Executive Vice President, General Counsel and Secretary on behalf of Platinum Equity, LLC 10/28/2010
** Signature of Reporting Person Date

by /s/ Mary Ann Sigler, attorney-in-fact for Tom Gores 10/28/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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