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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
AmeriCredit Corp.
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(Name of Issuer)
Common Stock, $0.01 par value
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(Title of class of securities)
03060R101
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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)
January 28, 2008
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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
[_].
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CUSIP No. 03060R101 13D Page 2
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1 NAME OF REPORTING PERSON: Leucadia National Corporation
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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: New York
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7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 22,159,300(1)(2)
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: 21,134,300(1)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 22,159,300(1)(2)
REPORTING PERSON:
------------------------------------------------------------------------------------------
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): 19.4%(1)(2)
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14 TYPE OF REPORTING PERSON: CO
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(1) Includes an aggregate of 3,250,000 shares of common stock, representing
approximately 2.8% of the common stock outstanding as of October 31, 2007, that,
for purposes of this Statement on Schedule 13D, may be deemed to be beneficially
owned pursuant to the terms of option agreements between RCG Baldwin, L.P. and
Lehman Brothers OTC Derivatives Inc. See Item 6 of the Statement on Schedule
13D, dated January 22, 2008, for a description of the option transactions.
(2) Includes 1,025,000 shares of common stock, representing approximately 0.9%
of the common stock outstanding as of October 31, 2007, that, for purposes of
this Statement on Schedule 13D, may be deemed to be beneficially owned pursuant
to the terms of the voting and proxy agreement between Baldwin Enterprises, Inc.
and Ramius Capital Group, L.L.C. and its affiliates. See Item 6 of this
Amendment.
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CUSIP No. 03060R101 13D Page 3
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1 NAME OF REPORTING PERSON: Phlcorp, Inc.
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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: Pennsylvania
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7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 22,159,300(1)(2)
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: 21,134,300(1)
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 22,159,300(1)(2)
REPORTING PERSON:
------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES: [_]
------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 19.4%(1)(2)
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14 TYPE OF REPORTING PERSON: CO
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(1) Includes an aggregate of 3,250,000 shares of common stock, representing
approximately 2.8% of the common stock outstanding as of October 31, 2007, that,
for purposes of this Statement on Schedule 13D, may be deemed to be beneficially
owned pursuant to the terms of option agreements between RCG Baldwin, L.P. and
Lehman Brothers OTC Derivatives Inc. See Item 6 of the Statement on Schedule
13D, dated January 22, 2008, for a description of the option transactions.
(2) Includes 1,025,000 shares of common stock, representing approximately 0.9%
of the common stock outstanding as of October 31, 2007, that, for purposes of
this Statement on Schedule 13D, may be deemed to be beneficially owned pursuant
to the terms of the voting and proxy agreement between Baldwin Enterprises, Inc.
and Ramius Capital Group, L.L.C. and its affiliates. See Item 6 of this
Amendment.
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CUSIP No. 03060R101 13D Page 4
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1 NAME OF REPORTING PERSON: Baldwin Enterprises, Inc.
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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: WC
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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: Colorado
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7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 22,159,300(1)(2)
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: 21,134,300(1)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 22,159,300(1)(2)
REPORTING PERSON:
------------------------------------------------------------------------------------------
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): 19.4%(1)(2)
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14 TYPE OF REPORTING PERSON: CO
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(1) Includes an aggregate of 3,250,000 shares of common stock, representing
approximately 2.8% of the common stock outstanding as of October 31, 2007, that,
for purposes of this Statement on Schedule 13D, may be deemed to be beneficially
owned pursuant to the terms of option agreements between RCG Baldwin, L.P. and
Lehman Brothers OTC Derivatives Inc. See Item 6 of the Statement on Schedule
13D, dated January 22, 2008, for a description of the option transactions.
(2) Includes 1,025,000 shares of common stock, representing approximately 0.9%
of the common stock outstanding as of October 31, 2007, that, for purposes of
this Statement on Schedule 13D, may be deemed to be beneficially owned pursuant
to the terms of the voting and proxy agreement between Baldwin Enterprises, Inc.
and Ramius Capital Group, L.L.C. and its affiliates. See Item 6 of this
Amendment.
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CUSIP No. 03060R101 13D Page 5
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1 NAME OF REPORTING PERSON: RCG Baldwin, L.P.
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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: WC
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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
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7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 3,250,000(1)
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: 3,250,000(1)
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 3,250,000(1)
REPORTING PERSON:
------------------------------------------------------------------------------------------
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): 2.8%(1)
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14 TYPE OF REPORTING PERSON: PN
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(1) Consists of an aggregate of 3,250,000 shares of common stock, representing
approximately 2.8% of the common stock outstanding as of October 31, 2007, that,
for purposes of this Statement on Schedule 13D, may be deemed to be beneficially
owned pursuant to the terms of option agreements between RCG Baldwin, L.P. and
Lehman Brothers OTC Derivatives Inc. See Item 6 of the Statement on Schedule
13D, dated January 22, 2008, for a description of the option transactions.
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CUSIP No. 03060R101 13D Page 6
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1 NAME OF REPORTING PERSON: RCG PB, Ltd
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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: Cayman Islands
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7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: -0-
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: -0-
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH -0-
REPORTING PERSON:
------------------------------------------------------------------------------------------
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): 0%
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14 TYPE OF REPORTING PERSON: CO
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CUSIP No. 03060R101 13D Page 7
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1 NAME OF REPORTING PERSON: RCG Sextant Master Fund, Ltd.
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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: WC
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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: Cayman Islands
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7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 697,240
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 697,240
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: -0-
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 697,240
REPORTING PERSON:
------------------------------------------------------------------------------------------
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): Less than 1%
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14 TYPE OF REPORTING PERSON: CO
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CUSIP No. 03060R101 13D Page 8
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1 NAME OF REPORTING PERSON: Ramius Advisors, L.L.C.
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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
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7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: -0-
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: -0-
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH -0-
REPORTING PERSON:
------------------------------------------------------------------------------------------
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): 0%
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14 TYPE OF REPORTING PERSON: IA, OO
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CUSIP No. 03060R101 13D Page 9
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1 NAME OF REPORTING PERSON: RCG Enterprise, Ltd
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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: WC
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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: Cayman Islands
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7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 327,760
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 327,760
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: -0-
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 327,760
REPORTING PERSON:
------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES: [_]
------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): Less than 1%
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14 TYPE OF REPORTING PERSON: CO
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CUSIP No. 03060R101 13D Page 10
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1 NAME OF REPORTING PERSON: Ramius Capital Group, L.L.C.
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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: OO
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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
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7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 1,025,000
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 1,025,000
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: -0-
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 1,025,000
REPORTING PERSON:
------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES: [_]
------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): Less than 1%
------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IA, OO
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CUSIP No. 03060R101 13D Page 11
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1 NAME OF REPORTING PERSON: C4S & Co., L.L.C.
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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: OO
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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
------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 1,025,000
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: 1,025,000
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: -0-
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH 1,025,000
REPORTING PERSON:
------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES: [_]
------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): Less than 1%
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14 TYPE OF REPORTING PERSON: OO
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CUSIP No. 03060R101 13D Page 12
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1 NAME OF REPORTING PERSON: Peter A. Cohen
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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: OO
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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: USA
------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 1,025,000
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: 1,025,000
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON: 1,025,000
------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW Less than (11) Less than 1%
------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
------------------------------------------------------------------------------------------
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CUSIP No. 03060R101 13D Page 13
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1 NAME OF REPORTING PERSON: Morgan B. Stark
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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: OO
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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: USA
------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 1,025,000
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: 1,025,000
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON: 1,025,000
------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW Less than (11): Less than 1%
------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
------------------------------------------------------------------------------------------
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CUSIP No. 03060R101 13D Page 14
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1 NAME OF REPORTING PERSON: Thomas W. Strauss
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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: OO
------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e): [_]
------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: USA
------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 1,025,000
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: 1,025,000
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON: 1,025,000
------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW Less than (11): Less than 1%
------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
------------------------------------------------------------------------------------------
-------------------------------------------- -------------------------------------
CUSIP No. 03060R101 13D Page 15
-------------------------------------------- -------------------------------------
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1 NAME OF REPORTING PERSON: Jeffrey M. Solomon
------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [X]
(b) [_]
------------------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------------------
4 SOURCE OF FUNDS: OO
------------------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e): [_]
------------------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION: USA
------------------------------------------------------------------------------------------
7 SOLE VOTING POWER: -0-
NUMBER OF --------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER: 1,025,000
BENEFICIALLY
OWNED BY --------------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER: -0-
REPORTING
PERSON WITH --------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER: 1,025,000
------------------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON: 1,025,000
------------------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:
[_]
------------------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW Less than (11): Less than 1%
------------------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON: IN
------------------------------------------------------------------------------------------
This Amendment No. 1 (this "Amendment") amends the Statement on Schedule 13D
originally filed on January 22, 2008 (the "Original Schedule") by the Reporting
Persons (the Original Schedule as amended, is referred to as the "Schedule 13D")
and is filed by and on behalf of the Reporting Persons with respect to the
common stock, $0.01 par value per share (the "Common Stock"), of AmeriCredit
Corp., a Texas corporation (the "Company"). Unless otherwise indicated, all
capitalized terms used herein have the meaning ascribed to them in the Schedule
13D.
ITEM 2. IDENTITY AND BACKGROUND.
Item 2 of the Schedule 13D is hereby supplemented, with effect from the date of
this Amendment, by adding the following:
(2) The Ramius Reporting Persons.
On January 23, 2008, in connection with the Ramius share forward
transaction described in Item 6 of this Amendment, RCG PB and Ramius Advisors
ceased to beneficially own Common Stock. Accordingly, RCG PB and Ramius Advisors
are no longer members of the Section 13(d) group and shall cease to be Reporting
Persons immediately upon the filing of this Amendment. The remaining Ramius
Reporting Persons will continue filing statements on Schedule 13D with respect
to their beneficial ownership of securities of the Company as a group, to the
extent required by applicable law.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 3 of the Schedule 13D is hereby supplemented, with effect from the date of
this Amendment, by adding the following:
(1) The Leucadia Reporting Persons.
Baldwin paid an aggregate of $11,296,740 to RCG Enterprise and RCG
PB in connection with the Ramius share forward transaction described in Item 6
of this Amendment and incorporated herein by reference. The source of funds used
in connection with this share forward transaction is Baldwin's funds available
for investment.
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 of the Schedule 13D is hereby supplemented, with effect from the date of
this Amendment, by adding the following:
Early termination of the waiting period under the HSR Act was
granted by the Federal Trade Commission on January 25, 2008.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Item 5 of the Schedule 13D is hereby amended and restated in its entirety, with
effect from the date of this Amendment, as follows:
As of the close of business on the date of this Schedule 13D, the
Reporting Persons may be deemed to beneficially own collectively an aggregate of
22,159,300 shares of Common Stock, representing approximately 19.4% of the
shares of Common Stock presently outstanding. All percentages in this Item 5 are
16
based on 114,162,314 shares of Common Stock outstanding as of October 31, 2007,
as set forth in the Company's Quarterly Report on Form 10-Q for the quarterly
period ended September 30, 2007. The Leucadia Reporting Persons and the Ramius
Reporting Persons each expressly disclaims beneficial ownership for all purposes
of the Common Stock held by the other Reporting Person. The foregoing does not
include any shares that are subject to the exchange-traded put options reported
in Item 6 of the Original Schedule.
(1) The Leucadia Reporting Persons.
(a) The responses of the Leucadia Reporting Persons to Rows (7)
through (13) of the cover pages of this Amendment and the information on
Schedule A to the Original Schedule are incorporated herein by reference. As of
the close of business on the date of this Statement, the Leucadia Reporting
Persons beneficially owned the following shares of Common Stock:
(i) Baldwin may be deemed to beneficially own an aggregate
of 22,159,300 shares of Common Stock, representing approximately 19.4% of the
shares of Common Stock presently outstanding. This consists of (A) 17,884,300
shares of Common Stock, representing approximately 15.7% of the shares of Common
Stock presently outstanding, that Baldwin owns, (B) 3,250,000 shares of Common
Stock, representing approximately 2.8% of the shares of Common Stock presently
outstanding, that Baldwin may be deemed to beneficially own under Rule 13d-3
pursuant to the terms of option agreements between RCG Baldwin and Lehman
described in Item 6 of the Original Schedule and incorporated herein by
reference, and (C) 1,025,000 shares of Common Stock, representing approximately
0.9% of the shares of Common Stock presently outstanding, that Baldwin may be
deemed to beneficially own under Rule 13d-3 pursuant to the terms of the voting
and proxy agreement between Baldwin and Ramius Capital described in Item 6 of
this Amendment and incorporated herein by reference.
(ii) By virtue of its ownership of all of the outstanding
shares of Baldwin, for purposes of this Statement on Schedule 13D, Phlcorp may
be deemed to be the beneficial owner of all of the shares of Common Stock
beneficially owned by Baldwin.
(iii) By virtue of its ownership of all of the outstanding
shares of Phlcorp, for purposes of this Statement on Schedule 13D, Leucadia may
be deemed to be the beneficial owner of all of the shares of Common Stock
beneficially owned by Baldwin.
(iv) By virtue of their ownership of Leucadia common shares
and their positions as Chairman of the Board, and President and a director,
respectively, of Leucadia, for purposes of this Statement on Schedule 13D, Mr.
Cumming and Mr. Steinberg may be deemed to be the beneficial owners of all of
the shares of Common Stock beneficially owned by Baldwin.
(b) The responses of the Leucadia Reporting Persons to Rows (7)
through (10) of the cover pages of this Amendment, Item 5(a) hereof and the
information on Schedule A to the Original Schedule are incorporated herein by
reference. Leucadia, Phlcorp and Baldwin may be deemed to share voting and
dispositive power with respect to the 17,884,300 shares of Common Stock owned by
Baldwin reflected in this Statement on Schedule 13D.
Although the Leucadia Reporting Persons do not currently have
the power to vote or dispose of the 3,250,000 shares of Common Stock that the
Leucadia Reporting Persons may be deemed to beneficially own pursuant to the
terms of option agreements between RCG Baldwin and Lehman described in Item 6 of
17
the Original Schedule and incorporated herein by reference, the Leucadia
Reporting Persons may be deemed under Rule 13d-3 to share voting and dispositive
power with respect to the 3,250,000 shares of Common Stock.
Pursuant to the terms of the voting and proxy agreement
between Baldwin and Ramius Capital described in Item 6 of this Amendment and
incorporated herein by reference, Leucadia, Phlcorp and Baldwin may be deemed
under Rule 13d-3 to share voting power, but not dispositive power, with respect
to the 1,025,000 shares of Common Stock reported by the Ramius Reporting Persons
herein.
(c) On January 28, 2008, Baldwin closed the purchase from
Jefferies of 11,316,200 shares of Common Stock pursuant to the share forward
transaction previously reported in the Original Schedule. On January 28, 2008,
Baldwin closed the purchase from RCG Enterprise and RCG PB of an aggregate
975,000 shares of Common Stock pursuant to the share forward transaction
described in Item 6 of this Amendment. Except as set forth herein or as
previously reported in the Original Schedule, the Leucadia Reporting Persons
have not effected any transaction in shares of Common Stock during the sixty
(60) days preceding the date of this Statement.
(d) Not applicable.
(e) Not applicable.
(2) The Ramius Reporting Persons.
(a) The responses of the Ramius Reporting Persons to Rows (7)
through (13) of the cover pages of this Amendment are incorporated herein by
reference. As of the close of business on the date of this Statement, the Ramius
Reporting Persons beneficially owned the following shares of Common Stock:
(i) RCG Sextant beneficially owns an aggregate of 697,240
shares of Common Stock, representing less than 1% of the shares of Common Stock
presently outstanding.
(iii) RCG Enterprise beneficially owns an aggregate of 327,760
shares of Common Stock, representing less than 1% of the shares of Common Stock
presently outstanding.
(iv) As investment manager of RCG Enterprise and RCG Sextant
and sole member of Ramius Advisors, Ramius Capital may be deemed the beneficial
owner of the 1,025,000 shares of Common Stock owned by RCG Enterprise and RCG
Sextant.
(vi) As the managing member of Ramius Capital, C4S may be
deemed the beneficial owner of the 1,025,000 shares of Common Stock owned by RCG
Enterprise, RCG Sextant and RCG PB.
(vii) As the managing members of C4S, each of Mr. Cohen, Mr.
Stark, Mr. Strauss and Mr. Solomon may be deemed the beneficial owner of the
1,025,000 shares of Common Stock owned by RCG Enterprise, RCG Sextant and RCG
PB.
(b) Each of the Ramius Reporting Persons has sole dispositive
power of the shares of Common Stock reported as beneficially owned by it in Item
5(a) hereof, except that each of Mr. Cohen, Mr. Stark, Mr. Strauss and Mr.
18
Solomon has shared dispositive power of the shares of Common Stock reported as
beneficially owned by him in Item 5(a) hereof. Pursuant to the terms of the
voting and proxy agreement between Baldwin and Ramius Capital described in Item
6 of this Amendment and incorporated herein by reference, each of the Ramius
Reporting Persons has shared voting power of the shares of Common Stock reported
as beneficially owned by it in Item 5(a) hereof.
(c) Except as set forth herein or as previously reported in the
Original Schedule, the Ramius Reporting Persons have not effected any
transaction in shares of Common Stock during the sixty (60) days preceding the
date of this Statement.
(d) Not applicable.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Item 6 of the Statement is hereby supplemented, with effect from the date of
this Amendment, by adding the following:
Baldwin and Ramius Capital entered into a share forward transaction
agreement on January 22, 2008, pursuant to which Baldwin acquired an aggregate
of 975,000 shares of Common Stock at a price of $11.5864 per share on January
28, 2008. The share forward transaction agreement is attached hereto as Exhibit
1 and is incorporated herein by reference.
Baldwin and Ramius Capital have entered into a voting and proxy
agreement, dated January 28, 2008, pursuant to which Ramius Capital and its
affiliated entities have agreed to vote or execute a written consent in respect
of the 1,025,000 shares of Common Stock reported by the Ramius Reporting Persons
herein, on all matters as directed by Baldwin at any meeting or meetings of the
stockholders of the Company for a period ending, with respect to any particular
shares of Common Stock, on the earlier of (i) the sale, transfer or disposition
of such shares by the Ramius Reporting Persons, and (ii) January 28, 2009. The
voting and proxy agreement is attached hereto as Exhibit 2 and is incorporated
herein by reference.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
EXHIBIT 1 Share Forward Transaction Agreement, dated January
25, 2008, between Baldwin Enterprises, Inc. and
Ramius Capital Group, L.L.C.
EXHIBIT 2 Voting and Proxy Agreement, dated January 28, 2008, between
Ramius Capital Group, L.L.C. and Baldwin Enterprises, Inc.
19
SIGNATURES
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: January 28, 2008
LEUCADIA NATIONAL CORPORATION
By: /s/ Joseph A. Orlando
-------------------------------------
Name: Joseph A. Orlando
Title: Vice President and Chief
Financial Officer
PHLCORP, INC.
By: /s/ Joseph A. Orlando
-------------------------------------
Name: Joseph A. Orlando
Title: Vice President
BALDWIN ENTERPRISES, INC.
By: /s/ Joseph A. Orlando
-------------------------------------
Name: Joseph A. Orlando
Title: Vice President
RCG BALDWIN, L.P.
By: Ramius Advisors, LLC
Its General Partner
By: Baldwin Enterprises, Inc.
As Attorney-In-Fact
By: /s/ Joseph A. Orlando
-------------------------------------
Name: Joseph A. Orlando
Title: Vice President
RCG PB, LTD
By: Ramius Advisors, L.L.C.
Its Investment Advisor
By: Ramius Capital Group, L.L.C.
As Sole Member
By: C4S & Co., L.L.C.
As Managing Member
20
RCG SEXTANT MASTER FUND, LTD.
By: Ramius Capital Group, L.L.C.
Its Investment Manager
By: C4S & Co., L.L.C.
As Managing Member
RAMIUS ADVISORS, LLC
By: Ramius Capital Group, L.L.C.
As Sole Member
By: C4S & Co., L.L.C.
As Managing Member
RCG ENTERPRISE, LTD
By: Ramius Capital Group, L.L.C.
Its Investment Manager
By: C4S & Co., L.L.C.
As Managing Member
RAMIUS CAPITAL GROUP, LLC
By: C4S & Co., L.L.C.
As Managing Member
C4S & CO., LLC
By: /s/ Jeffrey M. Solomon
-------------------------------------
Name: Jeffrey M. Solomon
Title: Authorized Signatory
/s/ Jeffrey M. Solomon
-----------------------------------------
JEFFREY M. SOLOMON
Individually and as
attorney-in-fact for
Peter A. Cohen, Morgan B. Stark and
Thomas W. Strauss
21
EXHIBIT INDEX
Exhibit No.
-----------
1 Share Forward Transaction Agreement, dated January 25, 2008, between
Baldwin Enterprises, Inc. and Ramius Capital Group, L.L.C.
2 Voting and Proxy Agreement, dated January 28, 2008, between Ramius
Capital Group, L.L.C. and Baldwin Enterprises, Inc.
22