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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
MERGE TECHNOLOGIES INCORPORATED
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
589981109
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(CUSIP Number)
July 6, 2006
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(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 the
disclosures provided in a prior cover page.
The information required in 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).
Persons who respond to the collection of information contained in this form are
not required to respond unless the form displays a currently valid OMB control
number.
SEC 1745 (3-06)
CUSIP No. 589981109
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1. Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Glenhill Advisors, LLC
13-4153005
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [X]
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3. SEC Use Only
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4. Citizenship or Place of Organization
Delaware
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Number of 5. Sole Voting Power 2,200,000
Shares
Beneficially 6. Shared Voting Power 0
Owned by
Each 7. Sole Dispositive Power 2,200,000
Reporting
Person With: 8. Shared Dispositive Power 0
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,200,000
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
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11. Percent of Class Represented by Amount in Row (9)
9.6%
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12. Type of Reporting Person (See Instructions)
IA, HC
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Page 2 of 6 pages
CUSIP No. 589981109
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1. Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Glenn J. Krevlin
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [X]
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3. SEC Use Only
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4. Citizenship or Place of Organization
United States
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Number of 5. Sole Voting Power 2,200,000
Shares
Beneficially 6. Shared Voting Power 0
owned by
Each 7. Sole Dispositive Power 2,200,000
Reporting
Person With: 8. Shared Dispositive Power 0
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,200,000
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
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11. Percent of Class Represented by Amount in Row (9)
9.6%
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12. Type of Reporting Person (See Instructions)
HC
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Page 3 of 6 pages
Item 1(a). Name of Issuer:
Merge Technologies Incorporated
Item 1(b). Address of Issuer's Principal Executive Offices:
6737 W. Washington Street, Suite 2250
Milwaukee, Wisconsin 53214
Item 2(a). Name of Persons Filing:
Glenhill Advisors, LLC and Glenn J. Krevlin.
Glenn J. Krevlin is the managing member and control person of
Glenhill Advisors, LLC. Glenhill Advisors, LLC is the managing
member of each of Glenhill Capital Management, LLC and
Glenhill Overseas Management, LLC. Glenhill Capital
Management, LLC is investment advisor to Glenhill Capital LP,
a security holder of the Issuer. Glenhill Overseas Management,
LLC is investment Advisor to Glenhill Capital Overseas Master
Fund, LP, a security holder of the issuer.
Item 2(b). Address of Principal Business Office or, if none, Residence:
598 Madison Avenue, 12th Floor
New York, NY 10022
Item 2(c). Citizenship:
See the response(s) to Item 4 on the attached cover page(s).
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
589981109
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b) or (c), check whether the person filing is a:
Not Applicable
Page 4 of 6 pages
Item 4. Ownership.
(a). Amount beneficially owned:
See the response(s) to Item 9 on the attached cover page(s).
(b). Percent of Class:
See the response(s) to Item 11 on the attached cover page(s).
(c). Number of shares as to which the person has:
(i). Sole power to vote or to direct the vote: See the
response(s) to Item 5 on the attached cover page(s).
(ii). Shared power to vote or to direct the vote: See the
response(s) to Item 6 on the attached cover page(s).
(iii). Sole power to dispose or to direct the disposition
of: See the response(s) to Item 7 on the attached
cover page(s).
(iv). Shared power to dispose or to direct the disposition
of: See the response(s) to Item 8 on the attached
cover page(s).
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable
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
Item 10. Certification.
By signing below I certify that, to the best of my 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.
Page 5 of 6 pages
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.
Date: July 7, 2006
GLENHILL ADVISORS, LLC
By: /s/ GLENN J. KREVLIN
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Name: Glenn J. Krevlin
Title: Managing Member
/s/ GLENN J. KREVLIN
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Name: Glenn J. Krevlin
Page 6 of 6 pages