UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
EXIDE TECHNOLOGIES
------------------
(Name of Issuer)
Common Stock, $0.01 par value per share
---------------------------------------
(Title of Class of Securities)
302051206
---------
(CUSIP Number)
July 28, 2004
-------------
(Date of Event which Requires Filing
of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] 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 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).
Continued on following pages
Page 1 of 10 Pages
Exhibit Index: Page 9
SCHEDULE 13G
CUSIP No. 302051206 Page 2 of 10 Pages
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
ANGELO, GORDON & CO., L.P.
2 Check the Appropriate Box If a Member of a Group (See Instructions)
a. [ ]
b. [X]
3 SEC Use Only
4 Citizenship or Place of Organization
DELAWARE
5 Sole Voting Power
Number of 1,667,604
Shares
Beneficially 6 Shared Voting Power
Owned By 0
Each
Reporting 7 Sole Dispositive Power
Person 1,667,604
With
8 Shared Dispositive Power
0
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,667,604
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
[ ]
11 Percent of Class Represented By Amount in Row (9)
6.9%
12 Type of Reporting Person (See Instructions)
BD, IA, PN
SCHEDULE 13G
CUSIP No. 302051206 Page 3 of 10 Pages
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
JOHN M. ANGELO
2 Check the Appropriate Box If a Member of a Group (See Instructions)
a. [ ]
b. [X]
3 SEC Use Only
4 Citizenship or Place of Organization
UNITED STATES
5 Sole Voting Power
Number of 0
Shares
Beneficially 6 Shared Voting Power
Owned By 1,667,604
Each
Reporting 7 Sole Dispositive Power
Person 0
With
8 Shared Dispositive Power
1,667,604
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,667,604
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
[ ]
11 Percent of Class Represented By Amount in Row (9)
6.9%
12 Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No. 302051206 Page 4 of 10 Pages
1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
MICHAEL L. GORDON
2 Check the Appropriate Box If a Member of a Group (See Instructions)
a. [ ]
b. [X]
3 SEC Use Only
4 Citizenship or Place of Organization
UNITED STATES
5 Sole Voting Power
Number of 0
Shares
Beneficially 6 Shared Voting Power
Owned By 1,667,604
Each
Reporting 7 Sole Dispositive Power
Person 0
With
8 Shared Dispositive Power
1,667,604
9 Aggregate Amount Beneficially Owned by Each Reporting Person
1,667,604
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions)
[ ]
11 Percent of Class Represented By Amount in Row (9)
6.9%
12 Type of Reporting Person (See Instructions)
HC
Page 5 of 10 Pages
Item 1(a) Name of Issuer:
Exide Technologies (the "Issuer")
Item 1(b) Address of the Issuer's Principal Executive Offices:
Crossroads Corporate Center, 3150 Brunswick Pike, Suite 230,
Lawrenceville, N.J. 08648.
Item 2(a) Name of Person Filing:
The Statement is filed on behalf of each of the following
persons (collectively, the "Reporting Persons"):
i) Angelo, Gordon & Co., L.P. ("Angelo, Gordon");
ii) John M. Angelo, in his capacities as a general
partner of AG Partners, L.P., the sole general
partner of Angelo, Gordon, and as the chief executive
officer of Angelo, Gordon ("Mr. Angelo"); and
iii) Michael L. Gordon, in his capacities as the other
general partner of AG Partners, L.P., the sole
general partner of Angelo, Gordon, and as the chief
operating officer of Angelo, Gordon ("Mr. Gordon").
This statement relates to Shares (as defined herein) held for
the account of 17 private investment funds for which Angelo, Gordon acts as
general partner and/or investment adviser.
Item 2(b) Address of Principal Business Office or, if None, Residence:
The address of the principal business office of each of the
Reporting Persons is 245 Park Avenue, New York, New York 10167.
Item 2(c) Citizenship:
1) Angelo, Gordon is a Delaware limited partnership;
2) Mr. Angelo is a citizen of the United States; and
3) Mr. Gordon is a citizen of the United States.
Item 2(d) Title of Class of Securities:
Common Stock, $0.01 par value per share (the "Shares").
Item 2(e) CUSIP Number:
302051206
Page 6 of 10 Pages
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
i) Angelo, Gordon is a broker-dealer registered under
Section 15 of the Act and an investment adviser
registered under Section 203 of the Investment
Advisers Act of 1940.
ii) Mr. Angelo is a control person of Angelo, Gordon.
iii) Mr. Gordon is a control person of Angelo, Gordon.
Item 4. Ownership:
Item 4(a) Amount Beneficially Owned:
As of August 13, 2004, each of the Reporting Persons may be
deemed the beneficial owner of 1,667,604 Shares held for the accounts of 17
private investment funds for which Angelo, Gordon acts a general manager and/or
investment adviser.
Item 4(b) Percent of Class:
Each of the Reporting Persons may be deemed to be the
beneficial owner of approximately 6.9% of the total number of Shares outstanding
(based upon information provided by the Issuer in its most recently-filed
quarterly report on Form 10-Q, the number of Shares outstanding was 24,101,316
as of August 9, 2004).
Item 4(c) Number of shares as to which such person has:
Angelo, Gordon
--------------
(i) Sole power to vote or direct the vote: 1,667,604
(ii) Shared power to vote or to direct the vote 0
(iii) Sole power to dispose or to direct the disposition of 1,667,604
(iv) Shared power to dispose or to direct the disposition of 0
Mr. Angelo
----------
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or to direct the vote 1,667,604
(iii) Sole power to dispose or to direct the disposition of 0
(iv) Shared power to dispose or to direct the disposition of 1,667,604
Mr. Gordon
----------
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or to direct the vote 1,667,604
(iii) Sole power to dispose or to direct the disposition of 0
(iv) Shared power to dispose or to direct the disposition of 1,667,604
Page 7 of 10 Pages
Item 5. Ownership of Five Percent or Less of a Class:
This Item 5 is not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person:
The limited partners of (or investors in) the private
investment funds for which Angelo, Gordon acts as general partner and/or
investment adviser have the right to participate in the receipt of dividends
from, or proceeds from the sale of, the securities held for the accounts of the
funds in accordance with their respective limited partnership interests (or
investment percentages) in the private investment funds.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent
Holding Company:
Angelo, Gordon is the relevant entity for which Mr. Angelo and
Mr. Gordon may each be considered a control person.
Angelo, Gordon is a broker-dealer registered under Section 15
of the Act and an investment adviser registered under the Investment Advisers
Act of 1940.
Item 8. Identification and Classification of Members of the Group:
This Item 8 is not applicable.
Item 9. Notice of Dissolution of Group:
This Item 9 is not applicable.
Item 10. Certification:
By signing below each of the Reporting Persons certifies that,
to the best of such person's knowledge and belief, the securities referred to
above were acquired and are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the effect of changing or
influencing the control of the Issuer of such securities and were not acquired
and are not held in connection with or as a participant in any transaction
having such purpose or effect.
Page 8 of 10 Pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: August 16, 2004 ANGELO, GORDON & CO., L.P.
By: AG Partners, L.P.
Its General Partner
By: /s/ Michael L. Gordon
-----------------------------
Name: Michael L. Gordon
Title: General Partner
Date: August 16, 2004 JOHN M. ANGELO
/s/ John M. Angelo
--------------------------------
Date: August 16, 2004 MICHAEL L. GORDON
/s/ Michael L. Gordon
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Page 9 of 10 Pages
EXHIBIT INDEX
Ex. Page No.
--- --------
A. Joint Filing Agreement, dated as of August 16, 2004,
by and among Angelo, Gordon & Co., L.P., John M. Angelo
and Michael L. Gordon................................... 10
EXHIBIT A
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule
13G with respect to the common stock, $0.01 par value per share, of Exide
Technologies, dated as of August 16, 2004, is, and any amendments thereto
(including amendments on Schedule 13D) signed by each of the undersigned shall
be, filed on behalf of each of us pursuant to and in accordance with the
provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934.
Date: August 16, 2004 ANGELO, GORDON & CO., L.P.
By: AG Partners, L.P.
Its General Partner
By: /s/ Michael L. Gordon
-----------------------------
Name: Michael L. Gordon
Title: General Partner
Date: August 16, 2004 JOHN M. ANGELO
/s/ John M. Angelo
--------------------------------
Date: August 16, 2004 MICHAEL L. GORDON
/s/ Michael L. Gordon
--------------------------------