Harbinger Group Inc.
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SEC Filings

SC 13D
HRG GROUP, INC. filed this Form SC 13D on 08/17/1995
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Item 4.  Purpose of Transaction.

         The purpose of the acquisition by Zapata of securities of the Issuer
is to make an investment in the Issuer, as the first step in a proposed
transformation of Zapata away from the energy business and into food-related
businesses.  Zapata intends to evaluate the possibility of acquiring additional
shares of Common Stock or proposing a merger with or acquisition of the Issuer
in the future.  Zapata may purchase additional shares of Common Stock from time
to time in the open market or in privately negotiated transactions.  In
determining whether to purchase additional shares of Common Stock and in
formulating any plan or proposal for a merger or other acquisition transaction,
Zapata intends to consider various factors, including the Issuer's financial
condition, business and prospects, other developments concerning the Issuer, the
market for the Common Stock, the availability of shares of Common Stock for
purchase at particular price levels, the availability to Zapata of funds for
such purpose, the availability and nature of other opportunities available to
Zapata, developments with respect to Zapata's businesses, general economic,
money and stock market conditions, and other future developments.  Zapata also
reserves the right to change its current intentions and may determine to dispose
of all or a portion of the shares of Common Stock held by it.

          Messrs. Malcolm I. Glazer and Avram A. Glazer are members of the board
of directors of the Issuer.  Zapata may seek additional representation on the
board of directors of the Issuer or seek to control or otherwise influence the
management and policies of the Issuer.

          Except as described above, neither Zapata nor, to the knowledge of
Zapata, any other person enumerated in Instruction C to Schedule 13D has any
plans or proposals with respect to the Issuer (although Zapata reserves the
right to develop any such plans or proposals) which relate to or would result

          (a) The acquisition by any person of additional securities of the
Issuer, or the disposition of securities of the Issuer;

          (b) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its subsidiaries;

          (c) A sale or transfer of a material amount of assets of the Issuer or
any of its subsidiaries;

          (d) Any change in the present board of directors or management of the
Issuer, including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the board;

          (e) Any material change in the present capitalization or dividend
policy of the Issuer;

          (f) Any other material change in the Issuer's business or corporate

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