SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
(Amendment No.2)
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(a)
Autobytel, Inc.
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(Name of Issuer)
Common Stock, par value $0.001 per share
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(Title of Class of Securities)
05275N106
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(CUSIP Number)
Mark Scadina
Executive Vice President & General Counsel
Liberate Technologies
310 University Ave., Suite 201
Palo Alto, California 94301
(650) 330-8960
With a copy to:
Kenton J. King, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
525 University Avenue, Suite 1100
Palo Alto, California 94301
(650) 470-4500
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
September 7, 2006
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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 which is the subject of this Schedule 13D, and is
filing this schedule because of Sections 240.13d-1(e), 240.13d-1(f) or
240.13d-1(g), check the following box [ ].
* 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 purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to
the liabilities of that section of the Exchange Act but shall be subject to all
other provisions of the Exchange Act (however, see the Notes).
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CUSIP No. 05275N106 13D Page 2 of 8 Pages
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1 NAME OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
(ENTITIES ONLY)
Liberate Technologies
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEM 2(d) OR 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY 3,802,519
OWNED BY ------------------------------------------------------
EACH
REPORTING 8 SHARED VOTING POWER
PERSON
WITH 0
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9 SOLE DISPOSITIVE POWER
3,802,519
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,802,519
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.96%(1)
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14 TYPE OF REPORTING PERSON
CO
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(1) Based on 42,449,764 shares of Common Stock (as defined in Item 1 below)
stated to be outstanding as of August 1, 2006 by the Issuer (as defined in Item
1 below) in the Issuer's Form 10-Q relating to the Issuer's fiscal quarter
ending June 30, 2006 filed with the Securities and Exchange Commission.
This Amendment No. 2 to Schedule 13D (this "Amendment") is being filed
by Liberate Technologies ("Liberate") pursuant to Rule 13d-2(a) of the Rules
and Regulations promulgated under the Securities and Exchange Act of 1934, as
amended, to amend and supplement the statement on Schedule 13D filed on July
10, 2006 as amended by Amendment No.1 thereto filed on August 15, 2006 (as so
amended, the "Schedule 13D"), with respect to the common stock, par value
$0.001 per share (the "Common Stock"), of Autobytel, Inc., a Delaware
corporation (the "Issuer"). Capitalized terms used in this Amendment and not
otherwise defined herein have the meanings set forth in the Schedule 13D. The
information set forth in response to each separate Item shall be deemed to be a
response to all Items where such information is relevant.
Item 4. Purpose of Transaction.
Item 4 is hereby amended to add the following:
On September 7, 2006, Liberate delivered a letter (the "September 7
Letter") to the Issuer urging the board of directors of the Issuer to consider
certain restructuring and reform proposals described in the letter, or, if the
board is unwilling to undertake the recommended changes, to engage in a sale
process to maximize value for shareholders. The September 7 Letter also
requests that the board of directors communicate publicly to all Autobytel
shareholders the results of the board's consideration of the alternatives
presented in the letter by September 21, 2006. A copy of the September 7 Letter
is filed herewith as Exhibit 1 and incorporated herein by reference. Any
description of the September 7 Letter contained herein is qualified in its
entirety by reference to the September 7 Letter.
Item 7. Material to be Filed as Exhibits
1. Letter from Liberate Technologies to the Issuer dated September 7, 2006
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information in this statement is true, complete and correct.
Dated: September 7, 2006
LIBERATE TECHNOLOGIES
By: /s/ Mark Scadina
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Name: Mark Scadina
Title: Executive Vice President &
General Counsel