North Star Investment Management Corp.: Form SC 13G/A - Filed by

Washington, D.C. 20549

Amendment No. 2

Under the Securities Exchange Act of 1934

A.H. Belo Corporation

(Name of Issuer)


Common Stock, par value $.01

(Title of Class of Securities)



(CUSIP Number)


December 31, 2019

(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 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).





Names of Reporting Persons

North Star Investment Management Corporation


Check the appropriate box if a member of a Group (see instructions)

(a)  [ ]
(b)  [ ]


Sec Use Only



Citizenship or Place of Organization


Number of Shares Beneficially Owned by Each Reporting Person With:



Sole Voting Power



Shared Voting Power



Sole Dispositive Power



Shared Dispositive Power



Aggregate Amount Beneficially Owned by Each Reporting Person



Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

[ ]


Percent of class represented by amount in row (9)

3.1% (See Item 4 Below)


Type of Reporting Person (See Instructions)



This Amendment No.2 (this "Amendment" to the Statement of Beneficial Ownership on Schedule 13G/A, filed on January 9, 2019 (the "Original"), is being filed for the sole purpose of reporting that the percentage beneficial ownership of the Issuer's outstanding shares (as defined by in Item 2(d) below) by the Reporting Person (as defined in Item 2(a) below) has dropped below 5%.

Item 1.

(a) Name of Issuer:

A.H. Belo Corporation

(b) Address of Issuer's Principal Executive Offices:

508 Young Street, Dallas, Texas 75202

Item 2.

(a) Name of Person Filing:

North Star Investment Management Corporation

(b) Address of Principal Business Office or, if None, Residence: 

20 N. Wacker Drive, Suite 1416, Chicago, Illinois 60606

(c) Citizenship:


(d) Title and Class of Securities:

Common Stock

(e) CUSIP No.: 001282102

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:

(a) [_] Broker or dealer registered under Section 15 of the Act;

(b) [_] Bank as defined in Section 3(a)(6) of the Act;

(c) [_] Insurance company as defined in Section 3(a)(19) of the Act;

(d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940;

(e) [X] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

(f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

(g) [_] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h) [_] A savings associations 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;

(j) [_] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);

(k) [_] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____

Item 4. Ownership

The information reported below in this Item 4 is as of December 31, 2019.  The percentage set forth in Item 4(b) is based on 21,463,653 shares of the Issuer's Common Stock outstanding as of July 25, 2019, as reported in the Issuer's Form 10-Q for the quarter ended June 30, 2019 (as filed July 29, 2019).

(a) Amount Beneficially Owned: 668,946

(b) Percent of Class:  3.1%

(c) Number of shares as to which such person has:

 (i) Sole power to vote or to direct the vote:  511,492

 (ii) Shared power to vote or to direct the vote:  0

(iii) Sole power to dispose or to direct the disposition of: 511,492

(iv) Shared power to dispose or to direct the disposition of:  157,454

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 or control person.

 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. Certifications.

By signing below I certify that, to the best of my 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 the securities and were not acquired and are not held in connection with or as a participant in any transaction having the purposes or effect, other than activities solely in connection with nomination under §240.14a-11.


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:  January 8, 2020


/s/ Andrew Eisenberg

Andrew Eisenberg/Chief Compliance Officer

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative.  If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference.  The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Attention:  Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).