SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934 (Amendment No. 2)
Lynch Corporation
(Name of Issuer)
Common Stock, No Par Value
(Title of Class of Securities)
551137102
(CUSIP Number)
James E. McKee
Gabelli Asset Management Inc.
One Corporate Center
Rye, New York 10580-1435
(914) 921-8821
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
October 15, 2004
(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 Section 240.13d-1(e), 240.13d-1(f)
or 240.13d-1(g), check the following box.
CUSIP No. 551137102
13D
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Marc J. Gabelli
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)
(b)
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
PF
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2 (d) OR 2 (e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
1,000 (Item 5)
8
SHARED VOTING POWER
NONE
9
SOLE DISPOSITIVE POWER
1,000 (Item 5)
10
SHARED DISPOSITIVE POWER
NONE
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000 (ITEM 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES.
(SEE INSTRUCTIONS) X
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.06%
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
CUSIP No. 551137102
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Venator Merchant Fund, L.P.
I.D. NO.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)
(b)
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2 (d) OR 2 (e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
DE
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
336,884 (Item 5)
8
SHARED VOTING POWER
NONE
9
SOLE DISPOSITIVE POWER
336,884 (Item 5)
10
SHARED DISPOSITIVE POWER
NONE
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
336,884 (ITEM 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
20.64%
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
CUSIP No. 551137102
1
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Venator Global, LLC
I.D. NO.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a)
(b)
3
SEC USE ONLY
4
SOURCE OF FUNDS (SEE INSTRUCTIONS)
None
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2 (d) OR 2 (e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
DE
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
None (Item 5)
8
SHARED VOTING POWER
NONE
9
SOLE DISPOSITIVE POWER
NONE (Item 5)
10
SHARED DISPOSITIVE POWER
NONE
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
NONE (ITEM 5)
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) X
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.00%
14
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC
Item 1. Security and Issuer
This Amendment No. 2 to Schedule 13D on the Common Stock of Lynch
Corporation (the "Issuer") is being filed on behalf of the undersigned to
amend the Schedule 13D, as amended (the "Schedule 13D") which was originally
filed on June 17, 2003. Unless otherwise indicated, all capitalized terms used
herein but not defined herein shall have the same meanings as set forth in the
Schedule 13D.
Item 2. Identity and Background
(a), (b), and (c) - This statement is being filed by Marc J.
Gabelli, Venator Global, LLC and Venator Merchant Fund, L.P. Marc Gabelli is
President of Gabelli Group Capital Partners, Inc., a private company, and is
employed by Gabelli Asset Management Inc., a publicly-traded financial services
firm. Marc Gabelli's business address is 140 Greenwich Ave., Greenwich,
Connecticut 06830.
Venator Merchant Fund, L.P. is an investment limited partnership
whose objective is to provide capital appreciation by investing in public and
private companies. Venator Global, LLC is the general partner of Venator
Merchant Fund, L.P. Marc Gabelli is the President of Venator Global, LLC.
Venator Global LLC's and Venator Merchant Fund, L.P.'s business address is c/o
Marc Gabelli, 140 Greenwich Ave., Greenwich, Connecticut 06830.
Those of the foregoing persons signing this Schedule 13D are
hereafter referred to as the "Reporting Persons".
Item 5. Interest In Securities Of The Issuer
Item 5 to Schedule 13D is amended, in pertinent part, as follows:
(a) The aggregate number of Securities to which this Schedule 13D
relates is 337,884 shares, representing 20.70% of the 1,632,126 shares
outstanding as reported by the Issuer on October 18, 2004. The Reporting
Persons beneficially own those Securities as follows:
Name
Shares of
Common Stock
% of Class of
Common
Marc Gabelli
1,000
0.06%
Venator Merchant Fund,
L.P.
336,884
20.64%
Marc Gabelli is deemed to have beneficial ownership of the
Securities owned beneficially by Venator Merchant Fund, L.P. and Venator
Global, LLC. Venator Global, LLC is deemed to have beneficial ownership of the
Securities owned beneficially by Venator Merchant Fund, L.P.
(c) On October 15, 2004, Venator Merchant Fund, L.P. purchased from
the Issuer 136,643 shares of the Issuer's common stock at a price of $13.173
per share.
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: October 19, 2004
MARC J.GABELLI
By: /s/ James E. McKee
James E. McKee
Attorney-in-Fact
VENATOR MERCHANT FUND, L.P.
VENATOR GLOBAL, LLC
By: /s/ James E. McKee
James E. McKee
Attorney-in-Fact
for Marc Gabelli
President, Venator Global, LLC