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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 3)
Under the Securities Exchange Act of 1934*
McKesson HBOC, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
58155Q103
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(CUSIP Number)
March 20, 2001
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed: [ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* 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 the
disclosures provided in a prior cover page.
The information required in 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).
Person Authorized to Receive Notices and Communications:
Janice V. Sharry, Esq.
Haynes and Boone, LLP
901 Main Street, Suite 3100
Dallas, Texas 75202
(214) 651-5562
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 2 of 13 Pages
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1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Partners, L.P., a Delaware limited partnership
22-2875193
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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 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 5,864,118
OWNED BY ---------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON ---------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
5,864,118
---------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,323,816*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.73%*
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12 TYPE OF REPORTING PERSON
PN
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*ESL disclaims beneficial ownership of all shares that are beneficially owned by
Ziff, and the filing of this Schedule 13G shall not be construed as an admission
that ESL is a member of a group with Ziff. All defined terms used herein are
defined below.
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 3 of 13 Pages
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1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Limited, a Bermuda 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 CITIZENSHIP OR PLACE OR ORGANIZATION
Bermuda
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 1,299,162
OWNED BY ---------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON ---------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
1,299,162
---------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,323,816*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.73%*
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12 TYPE OF REPORTING PERSON
CO
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*Limited disclaims beneficial ownership of all shares that are beneficially
owned by Ziff, and the filing of this Schedule 13G shall not be construed as an
admission that Limited is a member of a group with Ziff. All defined terms used
herein are defined below.
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 4 of 13 Pages
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1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Institutional Partners, L.P., a Delaware limited partnership
06-1456821
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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 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 213,700
OWNED BY ---------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON ---------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
213,700
---------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,323,816*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.73%*
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12 TYPE OF REPORTING PERSON
PN
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*Institutional disclaims beneficial ownership of all shares that are
beneficially owned by Ziff, and the filing of this Schedule 13G shall not be
construed as an admission that Institutional is a member of a group with Ziff.
All defined terms used herein are defined below.
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 5 of 13 Pages
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1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ESL Investors, L.L.C., a Delaware limited liability company
13-4095958
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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 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 1,589,520
OWNED BY ---------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON ---------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
1,589,520
---------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,323,816*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.73%*
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12 TYPE OF REPORTING PERSON
OO
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*Investors disclaims beneficial ownership of all shares that are beneficially
owned by Ziff, and the filing of this Schedule 13G shall not be construed as an
admission that Investors is a member of a group with Ziff. All defined terms
used herein are defined below.
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 6 of 13 Pages
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1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CBL Partners, L.P., a Delaware limited partnership
06-1526810
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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 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 6,606,527
OWNED BY ---------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON ---------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
6,606,527
---------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,323,816*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.73%*
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12 TYPE OF REPORTING PERSON
PN
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*CBL disclaims beneficial ownership of all shares that are beneficially owned by
Ziff, and the filing of this Schedule 13G shall not be construed as an admission
that CBL is a member of a group with Ziff. All defined terms used herein are
defined below.
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 7 of 13 Pages
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1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ziff Asset Management, L.P., a Delaware limited partnership
13-3791746
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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 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 750,789
OWNED BY ---------------------------------------------
EACH 6 SHARED VOTING POWER
REPORTING 0
PERSON ---------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
750,789
---------------------------------------------
8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
750,789*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.26%*
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12 TYPE OF REPORTING PERSON
PN
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*Ziff disclaims beneficial ownership of all shares that are beneficially owned
by ESL, Limited, Institutional, Investors and CBL, and the filing of this
Schedule 13G shall not be construed as an admission that Ziff is a member of a
group with ESL, Limited, Institutional, Investors and CBL. All defined terms
used herein are defined below.
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 8 of 13 Pages
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Item 1(a) Name of Issuer:
McKesson HBOC, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
One Post Street, McKesson Plaza
San Francisco, CA 94104
Item 2(a) Names of Persons Filing:
ESL Partners, L.P.
ESL Limited
ESL Institutional Partners, L.P.
ESL Investors, L.L.C.
CBL Partners, L.P.
Ziff Asset Management, L.P.
Item 2(b) Addresses of Principal Business Offices:
ESL Partners, L.P., ESL Institutional Partners, L.P.,
ESL Investors, L.L.C. and
CBL Partners, L.P.:
One Lafayette Place
Greenwich, CT 06830
ESL Limited
Hemisphere House
9 Church Street
Hamilton, Bermuda
Ziff Asset Management, L.P.:
c/o PBK Holdings, Inc.
283 Greenwich Avenue
Third Floor
Greenwich, CT 06830
Item 2(c) Citizenship:
ESL Partners, L.P. - Delaware
ESL Limited -- Bermuda
ESL Institutional Partners, L.P. - Delaware
ESL Investors, L.L.C. - Delaware
CBL Partners, L.P. - Delaware
Ziff Asset Management, L.P. - Delaware
Item 2(d) Title of Class of Securities:
Common Stock, par value $.01 per share
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 9 of 13 Pages
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Item 2(e) CUSIP Number:
58155Q103
Item 3 Status of Persons Filing:
(a) [ ] Broker or dealer registered under section 15 of
the Act (15 U.S.C. 78o);
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c);
(c) [ ] Insurance company as defined in section 3(a)(19)
of the Act (15 U.S.C. 78c);
(d) [ ] Investment company registered under section 8 of
the Investment Company Act of 1940
(15 U.S.C. 80a-8);
(e) [ ] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in
accordance with Section 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in
accordance with Section 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b)
of the Federal Deposit Insurance Act
(12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition
of an investment company under section 3(c)(14)
of the Investment Company Act of 1940
(15 U.S.C. 80a-3).
(j) [ ] Group, in accordance with Section
240.13d-1(b)(1)(ii)(J).
Item 4 Ownership:
(a) Amount Beneficially Owned: 16,323,816 shares of Common
Stock, par value $.01 per share.
This statement is filed on behalf of ESL Partners, L.P., a
Delaware limited partnership ("ESL"), ESL Limited, a Bermuda
corporation ("Limited"), ESL Institutional Partners, L.P., a
Delaware limited partnership ("Institutional"), ESL Investors,
L.L.C., a Delaware limited liability company ("Investors"),
CBL Partners, L.P., a Delaware limited partnership ("CBL"),
and Ziff Asset Management, L.P. ("Ziff") (collectively, the
"Item 2 Persons"). The general partner of ESL is RBS Partners,
L.P. (the "General Partner"). The general partner of the
General Partner is ESL Investments, Inc., a Delaware
corporation ("Investments"). ESL Investment Management, LLC, a
Delaware limited liability company, is the investment manager
of Limited. RBS Investment Management, LLC, a Delaware limited
liability company, is the general partner of Institutional.
RBS Partners, L.P. is the manager of Investors. Investments is
the general partner of CBL. PBK Holdings, Inc., a Delaware
corporation, is the general partner of Ziff. In the
aforementioned capacities, ESL, Limited, Institutional,
Investors, CBL and Ziff each may be deemed to be the
beneficial owner of the shares of McKesson HBOC, Inc. common
stock ("Common Stock") beneficially owned by the other Item 2
Persons; PROVIDED, HOWEVER, Ziff disclaims beneficial
ownership of all shares that are beneficially owned by ESL,
Limited, Institutional, Investors and CBL; and the filing of
this Schedule 13G shall not be construed as an admission that
Ziff is a member of a group with ESL, Limited, Institutional,
Investors and CBL; PROVIDED FURTHER, ESL, Limited,
Institutional, Investors and CBL each disclaim beneficial
ownership of all shares that are beneficially owned by Ziff,
and the filing of this Schedule 13G shall not be construed as
an admission that ESL, Limited, Institutional, Investors and
CBL are members of a group with Ziff.
As of March 20, 2001, the Item 2 Persons beneficially owned an
aggregate of 16,323,816 shares of Common Stock as follows: (i)
ESL was the record owner of 5,864,118 shares of Common Stock;
(ii) Limited was the record owner of 1,299,162 shares of
Common Stock; (iii) Institutional was the record owner of
213,700 shares of Common Stock; and (iv) Investors was the
record owner of 1,589,520 shares of Common Stock; (v) CBL was
the record owner of 6,606,527 shares of Common Stock; (vi)
Ziff was the record owner of 750,789 shares of Common Stock.
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 10 of 13 Pages
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(b) Percent of Class: 5.73%.
(c) Number of shares as to which each person has:
(i) sole power to vote or to direct the vote:
See Item 5 of each cover page.
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the
disposition of:
See Item 7 of each cover page.
(iv) shared power to dispose or to direct the
disposition of: 0
Item 5 Ownership of 5% or Less of a Class:
Not applicable.
Item 6 Ownership of More than 5% on Behalf of Another Person:
Not applicable.
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by The Parent Holding
Company or Control Person:
Not applicable
Item 8 Identification and Classification of Members of the Group:
See Item 4(a).
Item 9 Notice of Dissolution of Group:
This amendment has been filed to report that any group that
may have existed between the Item 2 Persons, on the one hand,
and MSD Portfolio L.P. - Investments, RPKS Investments, LLC,
Triple Marlin Investments, LLC and MSD Portfolio, L.P. - MSD
Personal Income (collectively, the "MSD Parties"), on the
other hand, with regard to the holding, voting or disposing of
Common Stock has been terminated as of March 20, 2001. This
filing shall not be construed to be an admission that the Item
2 Persons were members of a group with one or more of the MSD
Parties. All further filings by the MSD Parties with respect
to transactions in Common Stock will be filed, if required, by
the MSD Parties in their individual capacities.
Item 10 Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired
and are not held for the purpose of or with the effect of
changing or influencing the
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 11 of 13 Pages
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control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in
any transaction having that purpose or effect.
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 12 of 13 Pages
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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.
Date: March 20, 2001
ESL PARTNERS, L.P.
By: RBS Partners, L.P., its general
` partner
By: ESL Investments, Inc., its general
partner
By: /s/ EDWARD S. LAMPERT
----------------------------------
Edward S. Lampert
Chief Executive Officer
ESL LIMITED
By: ESL Investment Management, LLC,
its investment manager
By: /s/ EDWARD S. LAMPERT
----------------------------------
Edward S. Lampert
Managing Member
ESL INSTITUTIONAL PARTNERS, L.P.
By: RBS Investment Management, LLC, its
general partner
By: /s/ EDWARD S. LAMPERT
----------------------------------
Edward S. Lampert
Managing Member
ESL INVESTORS, L.L.C.
By: RBS Partners, L.P., its manager
By: ESL Investments, Inc., its general
partner
By: /s/ EDWARD S. LAMPERT
----------------------------------
Edward S. Lampert
Chairman
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CUSIP No. - 58155Q103 SCHEDULE 13G Page 13 of 13 Pages
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CBL PARTNERS, L.P.
By: ESL Investments, Inc., its general
partner
By: /s/ EDWARD S. LAMPERT
----------------------------------
Edward S. Lampert
Chief Executive Officer
ZIFF ASSET MANAGEMENT, L.P.
By: PBK HOLDINGS, INC., its general
partner
By: /s/ TIMOTHY J. MITCHELL
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Timothy J. Mitchell
Vice President
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EXHIBITS
Exhibit 1 Joint Filing Agreement, dated as of March 20, 2001, entered
into by and among ESL Partners, L.P., ESL Limited, ESL
Institutional Partners, L.P., ESL Investors, L.L.C., CBL
Partners, L.P., and Ziff Asset Management, L.P.