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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 3
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
WILTEL COMMUNICATIONS GROUP, INC.
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(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE
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(Title of class of securities)
972487 10 2
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(CUSIP number)
JOSEPH A. ORLANDO
VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
LEUCADIA NATIONAL CORPORATION
315 PARK AVENUE SOUTH
NEW YORK, NEW YORK 10010
WITH A COPY TO:
ANDREA A. BERNSTEIN, ESQ.
WEIL, GOTSHAL & MANGES LLP
767 FIFTH AVENUE
NEW YORK, NEW YORK 10153
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(Name, address and telephone number of person authorized to
receive notices and communications)
JULY 29, 2003
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(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(e), 13d-1(f) or 13d-1(g), check the following box
[_].
Note: Schedules filed in paper format shall include a signed original and five
copies of the Schedule, including all exhibits.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purposes of Section 18 of the Securities Exchange Act of
1934 (the "Exchange Act") or otherwise subject to the liabilities of that
section of the Exchange Act but shall be subject to all other provisions of the
Exchange Act.
(Continued on following pages)
(Page 1 of 7 pages)
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CUSIP No. 972487 10 2 13D
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1 NAME OF REPORTING PERSON: LUK Acquisition I, LLC
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS: N/A
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
----------------------------------- -------- ---------------------------------------------------- ---------------------------------
NUMBER OF 7 SOLE VOTING POWER: -0-
SHARES
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BENEFICIALLY 8 SHARED VOTING POWER: 11,775,000 (see Item 5)
OWNED BY
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EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
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PERSON WITH 10 SHARED DISPOSITIVE POWER: 11,775,000 (see Item 5)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 11,775,000 (see Item 5)
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 23.55%
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14 TYPE OF REPORTING PERSON: OO (Limited Liability Company)
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2
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CUSIP No. 972487 10 2 13D
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---------------------- ----------------------------------------------------------- ------------------------------------------------
1 NAME OF REPORTING PERSON: LUK Acquisition II, LLC
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
---------------------- ------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------- ------------------------------------- ----------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
---------------------- ----------------------------------------------------------- ------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
----------------------------------- -------- ---------------------------------------------------- ---------------------------------
NUMBER OF 7 SOLE VOTING POWER: -0-
SHARES
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BENEFICIALLY 8 SHARED VOTING POWER: 10,225,000 (see Item 5)
OWNED BY
-------- ---------------------------------------------------- ---------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
-------- ---------------------------------------------------- ---------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 10,225,000 (see Item 5)
---------------------- -------------------------------------------------------------------------- ---------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 10,225,000 (see Item 5)
---------------------- ------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
---------------------- ------------------------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 20.45%
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14 TYPE OF REPORTING PERSON: OO (Limited Liability Company)
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3
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CUSIP No. 972487 10 2 13D
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1 NAME OF REPORTING PERSON: Leucadia National Corporation
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON:
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [x]
(b) [_]
---------------------- ------------------------------------------------------------------------------------------------------------
3 SEC USE ONLY
---------------------- ------------------------------------- ----------------------------------------------------------------------
4 SOURCE OF FUNDS: N/A
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_]
---------------------- ----------------------------------------------------------- ------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: New York
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NUMBER OF 7 SOLE VOTING POWER: 1,700,000
SHARES
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BENEFICIALLY 8 SHARED VOTING POWER: 22,000,000 (see Item 5)
OWNED BY
-------- ---------------------------------------------------- ---------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 1,700,000
REPORTING
-------- ---------------------------------------------------- ---------------------------------
PERSON WITH 10 SHARED DISPOSITIVE POWER: 22,000,000 (see Item 5)
---------------------- -------------------------------------------------------------------------- ---------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 23,700,000 (see Item 5)
---------------------- ------------------------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 47.40%
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14 TYPE OF REPORTING PERSON: CO
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4
Item 1. Security and Issuer.
This Statement constitutes Amendment No. 3 ("Amendment No.
3") to the statement on Schedule 13D (the "Original 13D") filed with the
Securities and Exchange Commission by Leucadia National Corporation
("Leucadia"), and its subsidiaries, LUK Acquisition I, LLC ("LUK I") and LUK
Acquisition II, LLC ("LUK II"), with respect to the common stock, $0.01 par
value per share (the "WilTel Common Stock"), of WilTel Communications Group,
Inc., a Nevada corporation ("WilTel").
Unless otherwise indicated, all capitalized terms used
herein have the meanings ascribed to them in the Original 13D.
Item 4. Purpose of Transaction.
On July 29, 2003, Leucadia withdrew its May 15, 2003
request that the Board of Directors of WilTel (the "Board") take action under
the Stockholders Agreement to allow Leucadia to make an exchange offer of 0.3565
of a Leucadia common share for each share of WilTel. Leucadia's request was for
the Board to permit an offer to go forward now for the 52.6% of WilTel not
already owned by Leucadia rather than having to wait until October 15, 2004, at
which time the proposed exchange offer would be permitted to be made under the
Stockholders Agreement. A copy of Leucadia's press release is attached hereto as
Exhibit 2 and is incorporated herein by reference.
Subject to and depending upon availability at prices deemed
favorable by Leucadia, Leucadia, directly or through its subsidiaries, may
purchase additional shares of WilTel Common Stock from time to time in the open
market, in privately negotiated transactions with third parties or otherwise,
subject to compliance with the terms of the Stockholders Agreement and the
transfer restrictions contained in WilTel's Articles of Incorporation.
Except as set forth above, the Beneficial Owners have no
present plans or intentions which would result in or relate to any of the
transactions described in subparagraphs (a) through (j) of Item 4 of Schedule
13D.
Item 7. Material to be Filed as Exhibits.
1. Agreement among the Beneficial Owners with respect to
the filing of this Amendment No. 3.
2. Press release of Leucadia National Corporation dated
July 29, 2003.
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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.
Dated: July 29, 2003
LUK ACQUISITION I, LLC
BY: /S/ JOSEPH A. ORLANDO
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Name: Joseph A. Orlando
Title: President
LUK ACQUISITION II, LLC
BY: /S/ JOSEPH A. ORLANDO
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Name: Joseph A. Orlando
Title: President
LEUCADIA NATIONAL CORPORATION
BY: /S/ JOSEPH A. ORLANDO
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Name: Joseph A. Orlando
Title: Vice President and
Chief Financial Officer
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EXHIBIT INDEX
1. Agreement among the Beneficial Owners with respect to the filing of
this Amendment No. 3.
2. Press release of Leucadia National Corporation dated July 29, 2003.
7