UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
InfoSpace, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
45678T201
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(CUSIP Number)
Sandell Asset Management Corp.
40 West 57th Street
26th Floor
New York, NY 10019
Attention: Richard Gashler, General Counsel
212-603-5700
With a Copy to:
Marc Weingarten, Esq.
Schulte Roth & Zabel LLP
919 Third Avenue
New York, NY 10022
212-756-2000
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
January 2, 2009
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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 that is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240 13d-1(e), 240 13d-1(f) or 240 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. See Rule 13d-7 for other parties
to whom copies are to be sent.
(Continued on following pages)
(Page 1 of 9 Pages)
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* 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
disclosures provided in a prior cover page. The information required on 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).
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CUSIP No. 45678T201 SCHEDULE 13D Page 2 of 9 Pages
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1 NAME OF REPORTING PERSON
Castlerigg Master Investments 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 IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
----------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 2,406,146
----------- -----------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,406,146
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,406,146
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.0%
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14 TYPE OF REPORTING PERSON
CO
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CUSIP No. 45678T201 SCHEDULE 13D Page 3 of 9 Pages
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1 NAME OF REPORTING PERSON
Sandell Asset Management Corp.
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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
AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |X|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 2,406,146
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BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,406,146
------------- ----------- -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,406,146
------------- -----------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
------------- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.0%
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14 TYPE OF REPORTING PERSON
CO
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CUSIP No. 45678T201 SCHEDULE 13D Page 4 of 9 Pages
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1 NAME OF REPORTING PERSON
Castlerigg International Limited
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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
AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
----------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 2,406,146
----------- -----------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,406,146
------------- ----------- -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,406,146
------------- -----------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
------------- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.0%
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14 TYPE OF REPORTING PERSON
CO
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CUSIP No. 45678T201 SCHEDULE 13D Page 5 of 9 Pages
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1 NAME OF REPORTING PERSON
Castlerigg International Holdings Limited
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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
AF
------------- -----------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |_|
------------- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
------------- -----------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
----------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 2,406,146
----------- -----------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,406,146
------------- ----------- -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,406,146
------------- -----------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
------------- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.0%
------------- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
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CUSIP No. 45678T201 SCHEDULE 13D Page 6 of 9 Pages
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1 NAME OF REPORTING PERSON
Thomas E. Sandell
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |X| (b) |_|
------------- -----------------------------------------------------------------
3 SEC USE ONLY
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4 SOURCE OF FUNDS
AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) |X|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Sweden
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NUMBER OF 7 SOLE VOTING POWER
SHARES 0
----------- -----------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED 2,406,146
----------- -----------------------------------------------------
BY EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
----------- -----------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 2,406,146
------------- ----------- -----------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,406,146
------------- -----------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES |_|
------------- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
7.0%
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14 TYPE OF REPORTING PERSON
IN
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CUSIP No. 45678T201 SCHEDULE 13D Page 7 of 9 Pages
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This Amendment No. 5 is filed with respect to the shares of common stock, par
value $0.0001 per share (the "Common Stock"), of Infospace, Inc., a Delaware
corporation (the "Issuer"), beneficially owned by the Reporting Persons as of
January 5, 2009 and amends and supplements the Schedule 13D filed on March 12,
2007, as amended (collectively, the "Schedule 13D"). Except as set forth herein,
the Schedule 13D is unmodified.
Item 2. IDENDITY AND BACKGROUND
Paragraph (c) of Item 2 of the Schedule 13D is hereby supplemented as follows:
Updated information concerning the Instruction C Persons is set forth in
Appendix III attached hereto.
ITEM 3. SOURCE AND AMOUNT OF FUNDS AND OTHER CONSIDERATION
Item 3 of the Schedule 13D is hereby amended and restated in its entirety as
follows:
Funds for the purchase of Common Stock reported herein to be held by
Castlerigg Master Investments were derived from working capital and margin
account borrowings made in the ordinary course of business. A total of
approximately $55,943,715 (including commissions) was paid to acquire such
shares.
ITEM 5. INTEREST IN THE SECURITIES OF THE ISSUER
Paragraphs (a)(b)(c) and (d) of Item 5 of the Schedule 13D are amended and
restated as follows:
(a) Each of Castlerigg Master Investments, SAMC, Castlerigg International,
Castlerigg Holdings and Sandell may be deemed to beneficially own the 2,406,146
shares of Common Stock held by Castlerigg Master Investments, representing
approximately 7.0% of the outstanding shares of Common Stock. The percentages
used herein are based upon the 34,573,674 shares of Common Stock reported to be
outstanding as of October 31, 2008 by the Issuer in its quarterly report on Form
10-Q for the period ended September 30, 2008, filed with the Securities and
Exchange Commission on November 7, 2008.
(b) None of the Reporting Persons has sole power to vote or direct the vote
or sole power to dispose or direct the disposition of shares of Common Stock.
Each of Casterigg Master Investments, SAMC, Castlerigg International, Castlerigg
Holdings and Sandell has shared power to vote or direct the vote and shared
power to dispose or direct the disposition of the 2,406,146 shares of Common
Stock held by Castlerigg Master Investments.
(c) On January 2, 2009, Castlerigg Master Investments distributed 365,058
shares of Common Stock to certain of its direct and indirect investors. Such
distributions were effected for no consideration.
(d) No person other than Castlerigg Master Investments, SAMC, Castlerigg
International, Casterigg Holdings and Sandell is known to have the right to
receive or the power to direct the receipt of dividends from, or the proceeds
from the sale of, the shares of Common Stock held by Castlerigg Master
Investments.
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CUSIP No. 45678T201 SCHEDULE 13D Page 8 of 9 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.
Dated: January 6, 2009
CASTLERIGG MASTER INVESTMENTS LTD.
By: Sandell Asset Management Corp., as investment manager
By: /s/ Thomas E. Sandell
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Thomas E. Sandell
Chief Executive Officer
CASTLERIGG INTERNATIONAL LIMITED
By: Sandell Asset Management Corp., as investment manager
By: /s/ Thomas E. Sandell
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Thomas E. Sandell
Chief Executive Officer
CASTLERIGG INTERNATIONAL HOLDINGS LIMITED
By: Sandell Asset Management Corp., as investment manager
By: /s/ Thomas E. Sandell
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Thomas E. Sandell
Chief Executive Officer
SANDELL ASSET MANAGEMENT CORP.
By: /s/ Thomas E. Sandell
---------------------
Thomas E. Sandell
Chief Executive Officer
/s/ Thomas E. Sandell
---------------------
Thomas E. Sandell
APPENDIX III
INFORMATION REGARDING THE INSTRUCTION C PERSONS
Castlerigg Master Investments, SAMC, Castlerigg International and Castlerigg
Holdings have no executive officers or directors other than as follows:
Sandell serves as an executive officer of SAMC.
Sandell Director Services LLC serves as a director of SAMC, Castlerigg Master
Investments, Castlerigg International and Castlerigg Holdings.
Daniel Mignon serves as a director of Castlerigg Master Investments, Castlerigg
International and Castlerigg Holdings.
Hilmi Unver serves as a director of Castlerigg Master Investments, Castlerigg
International and Castlerigg Holdings.
Timothy O'Brien and Richard Gashler serve as executive officers of SAMC.
To the best of the Reporting Persons' knowledge, except as set forth in this
statement on Schedule 13D, none of the Instruction C Persons during the last
five years has been convicted in a criminal proceeding excluding traffic
violations or other similar misdemeanors) or been a party to a civil proceeding
of a judicial or administrative body of competent jurisdiction and as a result
of such proceeding was or is subject to a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating activities subject
to, federal or state securities laws or finding any violation with respect to
such laws. To the best of the Reporting Persons' knowledge, except as set forth
in this statement on Schedule 13D, none of the Instruction C Persons owns any
shares of Common Stock.
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Principal
Name Occupation Address Citizenship
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Thomas E. Sandell See Item 2 See Item 2 See Item 2
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Sandell Director c/o Sandell Asset Delaware
Director Services Management Corp.
Services LLC 40 West 57th Street,
26th Floor
New York, New York
10019
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Name Principal Occupation Address Citizenship
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Daniel Mignon Executive of an Le Prince de Galles Belgium
investment manager 10 Avenue de
Grande-Bretagne
MC-98000 Monte-Carlo
Monaco
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Hilmi Unver Portfolio Manager 98 rue de Saint-Jean Switzerland
case postale 5240
CH-1211 Geneve 11
Switzerland
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Timothy O'Brien Chief Financial 40 West 57th Street, United States
Officer of SAMC 26th Floor
New York, New York
10019
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Richard Gashler General Counsel of 40 West 57th Street, United States
SAMC 26th Floor
New York, New York
10019
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