Schedule 13G

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

(Rule 13d-102)

 

Information Statement Pursuant to Rules 13d-1 and 13d-2

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

VeriFone Holdings, Inc.


(Name of Issuer)

Common Stock


(Title of Class of Securities)

 

 

92342Y109

                                (CUSIP Number)                                

January 3, 2008


(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 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).


CUSIP No. 92342Y109   13G   Page 2 of 6 Pages

 

  1.  

NAME OF REPORTING PERSON

S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   
   

            Brookside Capital Partners Fund, L.P.

            EIN No.: 04-3313066

   
  2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  
  (a)  ¨  
    (b)  ¨    
  3.   SEC USE ONLY  
         
  4.   CITIZENSHIP OR PLACE OF ORGANIZATION  
                Delaware    

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

    5.    SOLE VOTING POWER
 
 

                As of January 3, 2008 – 4,512,925 shares

                As of January 11, 2008 – 4,609,000 shares

    6.    SHARED VOTING POWER
 
                  0
    7.    SOLE DISPOSITIVE POWER
 
 

                As of January 3, 2008 – 4,512,925 shares

                As of January 11, 2008 – 4,609,000 shares

    8.    SHARED DISPOSITIVE POWER
 
                  0
  9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
   

            As of January 3, 2008 – 4,512,925 shares

            As of January 11, 2008 – 4,609,000 shares

   
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   ¨
         
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
   

            As of January 3, 2008 – 5.41%

            As of January 11, 2008 – 5.53%

   
12.   TYPE OF REPORTING PERSON  
                PN    

 

Page 2 of 6 Pages


Item 1  

(a).

   Name of Issuer      
     The name of the issuer to which this filing on Schedule 13G relates is VeriFone Holdings, Inc. (the “Company”).      
Item 1  

(b).

   Address of Issuer’s Principal Executive Offices      
     The principal executive offices of the Company are located at 2099 Gateway Place, Suite 600, San Jose, California 95110.      
Item 2  

(a).

   Name of Person Filing      
     This Statement is being filed on behalf of Brookside Capital Partners Fund, L.P., a Delaware limited partnership (the “Brookside Fund”). Brookside Capital Investors, L.P., a Delaware limited partnership (“Brookside Investors”) is the sole general partner of the Brookside Fund. Brookside Capital Management, LLC, a Delaware limited liability company (“Brookside Management”), is the sole general partner of Brookside Investors. Mr. Domenic J. Ferrante is the sole managing member of Brookside Management.      
Item 2  

(b).

   Address of Principal Business Office or, if none, Residence      
     The principal business address of each of the Brookside Fund, Brookside Investors, Brookside Management and Mr. Ferrante is 111 Huntington Avenue, Boston, Massachusetts 02199.      
Item 2  

(c).

   Citizenship      
     Each of the Brookside Fund, Brookside Investors and Brookside Management is organized under the laws of the State of Delaware. Mr. Ferrante is a citizen of the United States.      
Item 2  

(d).

   Title of Class of Securities      
     The class of equity securities of the Company to which this filing on Schedule 13G relates is Common Stock, par value $0.01 (“Common Stock”).      
Item 2  

(e).

   CUSIP Number      
     The CUSIP number of the Company’s Common Stock is 92342Y109.      
Item 3.   If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable.   
  (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. 73c).
  (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 §13d-1(b)(1)(ii)(E).
  (f)    ¨    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
  (g)    ¨    A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

 

Page 3 of 6 Pages


  (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 §240.13d-1(b)(1)(ii)(J).
     x    If this statement is filed pursuant to §240.13d-1(c), check this box.

 

Item 4.    Ownership      
Item 4    (a).    Amount beneficially owned      
      As of the close of business on January 3, 2008, the Brookside Fund owned 4,512,925 shares of Common Stock. As of the close of business on January 11, 2008, the Brookside Fund owned 4,609,000 shares of Common Stock. The Brookside Fund acts by and through its general partner, Brookside Investors. Brookside Investors acts by and through its general partner, Brookside Management. Mr. Domenic J. Ferrante is the managing member of Brookside Management and thus is the controlling person of Brookside Management. No person other than the respective owner referred to herein of the Common Stock 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 such Common Stock.      
Item 4    (b).    Percent of Class      
      As of the close of business on January 3, 2008, the Brookside Fund was the beneficial owner of 5.41% of the Common Stock of the Company. As of the close of business on January 11, 2008, the Brookside Fund was the beneficial owner of 5.53% of the Common Stock of the Company. The aggregate percentage of Common Stock reported owned by the Brookside Fund is based upon 83,411,494 shares of Common Stock outstanding, which is the total number of shares of Common Stock outstanding as of August 24, 2007, based on representations made in the Company’s Form 10-Q filed September 7, 2007 with the Securities and Exchange Commission.      
Item 4    (c).    Number of shares as to which such person has:      
      (i)   

sole power to vote or to direct the vote: 4,512,925 Shares as of January 3, 2008

                                                                 4,609,000 Shares as of January 11, 2008

     
      (ii)    shared power to vote or to direct the vote: 0      
      (iii)   

sole power to dispose or to direct the disposition of: 4,512,925 Shares as of January 3, 2008

                                                                                      4,609,000 Shares as of January 11, 2008

     
      (iv)    shared power to dispose or to direct the disposition of: 0      
Item 5.    Ownership of Five Percent or Less of a Class   
   Not Applicable.   

 

Page 4 of 6 Pages


Item 6.    Ownership of More than Five Percent 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:
   Not Applicable.
Item 8.    Identification and Classification of Members of the Group      
   Not Applicable.      
Item 9.    Notice of Dissolution of Group      
   Not Applicable.      

 

Page 5 of 6 Pages


Item 10.    Certification      

By signing below, the undersigned certifies that, to the best of its 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 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.

Dated: January 14, 2008

 

BROOKSIDE CAPITAL PARTNERS FUND, L.P.
By:  

/s/ Domenic J. Ferrante

Name:   Domenic J. Ferrante
Title:   Managing Director