-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JMMLFaQJJhq4XO/wqtyg8r4tNtyPn/GKbCcVaXFlCZVP+UCPizXVZhczyz8O1Man orDcv5qLh0RHkrjzPHfUeg== 0000950144-02-009954.txt : 20020925 0000950144-02-009954.hdr.sgml : 20020925 20020925164556 ACCESSION NUMBER: 0000950144-02-009954 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020925 GROUP MEMBERS: BENNETT LEBOW GROUP MEMBERS: NEW VALLEY HOLDINGS, INC GROUP MEMBERS: VECTOR GROUP GROUP MEMBERS: VGR HOLDING INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MIDAS INC CENTRAL INDEX KEY: 0001046131 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MOTOR VEHICLE SUPPLIES & NEW PARTS [5013] IRS NUMBER: 364180556 STATE OF INCORPORATION: DE FISCAL YEAR END: 1226 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-53735 FILM NUMBER: 02772231 BUSINESS ADDRESS: STREET 1: 1300 ARLINGTON HEIGHTS ROAD CITY: ITASCA STATE: IL ZIP: 60143 BUSINESS PHONE: 630-438-30 MAIL ADDRESS: STREET 1: 1300 ARLINGTON HEIGHTS ROAD CITY: ITASCA STATE: IL ZIP: 60143 FORMER COMPANY: FORMER CONFORMED NAME: MIDAS GROUP INC DATE OF NAME CHANGE: 19970915 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NEW VALLEY CORP CENTRAL INDEX KEY: 0000106374 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 135482050 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: INTERNATIONAL PLACE STREET 2: 100 SOUTHEAST SECOND STREET CITY: MIAMI STATE: FL ZIP: 33131 BUSINESS PHONE: 3055798000 MAIL ADDRESS: STREET 1: INTERNATIONAL PLACE STREET 2: 100 SE SECOND STREET CITY: MIAMI STATE: FL ZIP: 33131 FORMER COMPANY: FORMER CONFORMED NAME: WESTERN UNION TELEGRAPH CO /NY/ DATE OF NAME CHANGE: 19880121 FORMER COMPANY: FORMER CONFORMED NAME: WESTERN UNION CORP/NY/ DATE OF NAME CHANGE: 19910516 SC 13D/A 1 g78481sc13dza.txt MIDAS, INC/ NEW VALLEY CORPORATION SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1)* MIDAS, INC. ----------------------------------------------------- (NAME OF ISSUER) COMMON STOCK, $.001 PAR VALUE ----------------------------------------------------- (TITLE OF CLASS OF SECURITIES) 595626102 ----------------------------------------------------- (CUSIP NUMBER) RICHARD J. LAMPEN EXECUTIVE VICE PRESIDENT & GENERAL COUNSEL NEW VALLEY CORPORATION 100 S.E. SECOND STREET, 32ND FLOOR MIAMI, FL 33131 (305) 579-8000 ----------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 24, 2002 -------------------------------------------------------- (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 ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d.1(g), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7(b) for other parties to whom copies are to be sent. *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). Page 1 of 10 Pages - --------------------- ---------------------- CUSIP NO. 595626102 PAGE 2 OF 10 PAGES - --------------------- ---------------------- =============== ================================================================ Name of Reporting Person 1 S.S. or I.R.S. Identification No. of Above Person NEW VALLEY CORPORATION - --------------- ---------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) ---------------------------------------------------------------- (a) [ ] ---------------------------------------------------------------- (b) [X] - --------------- ---------------------------------------------------------------- 3 SEC Use Only - --------------- ---------------------------------------------------------------- 4 Source of Funds (See Instructions) WC - --------------- ---------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - --------------- ---------------------------------------------------------------- Citizenship or Place of Organization 6 Delaware =============== ================================================================ 7 Sole Voting Power 1,017,000 ------- --------------------------------------------- 8 Shared Voting Power - 0 - ------- --------------------------------------------- Number of Shares 9 Sole Dispositive Power Beneficially Owned by 1,017,000 Each Reporting Person With ------- --------------------------------------------- 10 Shared Dispositive Power - 0 - =============== ================================================================ 11 Aggregate Amount Beneficially Owned by Each Reporting Person 1,017,000 - --------------- ---------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - --------------- ---------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 6.79% - --------------- ---------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) CO =============== ================================================================ - --------------------- ---------------------- CUSIP NO. 595626102 PAGE 3 OF 10 PAGES - --------------------- ---------------------- =============== ================================================================ Name of Reporting Person 1 S.S. or I.R.S. Identification No. of Above Person New Valley Holdings, Inc. - --------------- ---------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) ---------------------------------------------------------------- (a) [ ] ---------------------------------------------------------------- (b) [X] - --------------- ---------------------------------------------------------------- 3 SEC Use Only - --------------- ---------------------------------------------------------------- 4 Source of Funds (See Instructions) N/A - --------------- ---------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - --------------- ---------------------------------------------------------------- 6 Citizenship or Place of Organization Delaware =============== ================================================================ 7 Sole Voting Power - 0 - ------- --------------------------------------------- 8 Shared Voting Power - 0 - ------- --------------------------------------------- Number of Shares 9 Sole Dispositive Power Beneficially Owned by - 0 - Each Reporting Person With ------- --------------------------------------------- 10 Shared Dispositive Power - 0 - =============== ================================================================ 11 Aggregate Amount Beneficially Owned by Each Reporting Person - 0 - - --------------- ---------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] - --------------- ---------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0% - --------------- ---------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) CO; HC =============== ================================================================ - --------------------- ---------------------- CUSIP NO. 595626102 PAGE 4 OF 10 PAGES - --------------------- ---------------------- =============== ================================================================ Name of Reporting Person 1 S.S. or I.R.S. Identification No. of Above Person VGR HOLDING INC. - --------------- ---------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) ---------------------------------------------------------------- (a) [ ] ---------------------------------------------------------------- (b) [X] - --------------- ---------------------------------------------------------------- 3 SEC Use Only - --------------- ---------------------------------------------------------------- 4 Source of Funds (See Instructions) N/A - --------------- ---------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) - --------------- ---------------------------------------------------------------- 6 Citizenship or Place of Organization Delaware =============== ================================================================ 7 Sole Voting Power - 0 - ------- --------------------------------------------- 8 Shared Voting Power - 0 - ------- --------------------------------------------- Number of Shares 9 Sole Dispositive Power Beneficially Owned by Each Reporting Person - 0 - With ------- --------------------------------------------- 10 Shared Dispositive Power - 0 - =============== ================================================================ 11 Aggregate Amount Beneficially Owned by Each Reporting Person - 0 - - --------------- ---------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] - --------------- ---------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0% - --------------- ---------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) CO; HC =============== ================================================================ - --------------------- ---------------------- CUSIP NO. 595626102 PAGE 5 OF 10 PAGES - --------------------- ---------------------- =============== ================================================================ Name of Reporting Person 1 S.S. or I.R.S. Identification No. of Above Person VECTOR GROUP LTD. - --------------- ---------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) ---------------------------------------------------------------- (a) [ ] ---------------------------------------------------------------- (b) [X] - --------------- ---------------------------------------------------------------- 3 SEC Use Only - --------------- ---------------------------------------------------------------- 4 Source of Funds (See Instructions) N/A - --------------- ---------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - --------------- ---------------------------------------------------------------- 6 Citizenship or Place of Organization Delaware =============== ================================================================ 7 Sole Voting Power - 0 - ------- --------------------------------------------- 8 Shared Voting Power - 0 - ------- --------------------------------------------- Number of Shares 9 Sole Dispositive Power Beneficially Owned by - 0 - Each Reporting Person With ------- --------------------------------------------- 10 Shared Dispositive Power - 0 - =============== ================================================================ 11 Aggregate Amount Beneficially Owned by Each Reporting Person - 0 - - --------------- ---------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] - --------------- ---------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0% - --------------- ---------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) CO; HC =============== ================================================================ - --------------------- ---------------------- CUSIP NO. 595626102 PAGE 6 OF 10 PAGES - --------------------- ---------------------- =============== ================================================================ Name of Reporting Person 1 S.S. or I.R.S. Identification No. of Above Person BENNETT S. LEBOW - --------------- ---------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) ---------------------------------------------------------------- (a) [ ] ---------------------------------------------------------------- (b) [X] - --------------- ---------------------------------------------------------------- 3 SEC Use Only - --------------- ---------------------------------------------------------------- 4 Source of Funds (See Instructions) N/A - --------------- ---------------------------------------------------------------- 5 Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - --------------- ---------------------------------------------------------------- 6 Citizenship or Place of Organization United States =============== ================================================================ 7 Sole Voting Power - 0 - ------- --------------------------------------------- 8 Shared Voting Power - 0 - ------- --------------------------------------------- Number of Shares 9 Sole Dispositive Power Beneficially Owned by Each Reporting Person - 0 - With ------- --------------------------------------------- 10 Shared Dispositive Power - 0 - =============== ================================================================ 11 Aggregate Amount Beneficially Owned by Each Reporting Person - 0 - - --------------- ---------------------------------------------------------------- 12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [X] - --------------- ---------------------------------------------------------------- 13 Percent of Class Represented by Amount in Row (11) 0% - --------------- ---------------------------------------------------------------- 14 Type of Reporting Person (See Instructions) IN =============== ================================================================ ITEM 1. SECURITY AND ISSUER. This Schedule 13D filed with the Securities and Exchange Commission on October 1, 2001 (the "Schedule 13D") on behalf of New Valley Corporation ("New Valley"), New Valley Holdings, Inc., VGR Holding Inc., Vector Group Ltd. and Bennett S. LeBow, in connection with the common stock, $.001 par value ("Common Stock"), of Midas, Inc., a Delaware corporation (the "Company"), is hereby amended as follows (unless otherwise defined, all capitalized terms used herein shall have the meanings set forth in the Schedule 13D): ITEM 2. IDENTITY AND BACKGROUND. The second sentence of the second paragraph in Item 2 of the Schedule 13D is hereby deleted and replaced in its entirety by the following: "The Reporting Persons collectively may be deemed to be a group beneficially owning, in the aggregate, 1,017,000 shares of Common Stock (the "Securities") or approximately 6.79% of the outstanding shares of the Common Stock within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the "Act"). ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The first sentence of Item 3 of the Schedule 13D is hereby deleted and replaced in its entirety by the following: "The aggregate purchase price for the Securities acquired by New Valley on September 23, 2002 and September 24, 2002, including the shares acquired by its wholly-owned subsidiary Alki Corp. ("Alki"), a Delaware corporation, was approximately $951,500. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (1) Clause (a) of Item 5 of the Schedule 13D is hereby deleted and replaced in its entirety by the following: "As of the date hereof, the Reporting Persons may be deemed to be acting as a group, within the meaning of Section 13(d)(3) of the Act, beneficially owning, in the aggregate, 1,017,000 shares of Common Stock of the Company, which constituted approximately 6.79% of the 14,976,099 shares of Common Stock outstanding as of June 29, 2002 (as reported in the Company's Quarterly Report on Form 10-Q for the quarter ended June 29, 2002). To the knowledge of the Reporting Persons, none of the directors and executive officers of the Reporting Persons may be deemed to be acting as a group with the Reporting Persons. Howard M. Lorber, a person listed in Exhibit A attached hereto, beneficially owns indirectly, through a Keogh Plan, 2,683 shares of Common Stock, or less than 0.1% of the outstanding Common Stock." Page 7 of 10 Pages (2) The first sentence of the first paragraph of clause (b) of Item 5 of the Schedule 13D is hereby deleted and replaced by in its entirety by the following: "With respect to the 1,017,000 shares of Common Stock acquired by New Valley, New Valley exercises both sole voting power and sole dispositive power." (3) The third paragraph of clause (b) of Item 5 of the Schedule 13D is hereby deleted and replaced in its entirety by the following: "Mr. Lorber has sole voting power and sole dispositive power over the 2,683 shares of Common Stock beneficially owned by him." (4) Clause (c) of Item 5 of the Schedule 13D is hereby amended to insert the following sentence at the end: "On September 23, 2002 and September 24, 2002, New Valley purchased in the open market on the New York Stock Exchange a total of 192,100 shares of Common Stock as described in Exhibit B, which is attached hereto and incorporated herein by reference. On August 8, 2002, Mr. Lorber, through a Keogh Plan, purchased in the open market on the New York Stock Exchange 500 shares of Common Stock for $7.34 per share." ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit B of Item 7 of the Schedule is hereby deleted and replaced in its entirety by the following: Exhibit B: Transactions in the Common Stock in the past 60 days. Page 8 of 10 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. Dated: September 25, 2002 NEW VALLEY CORPORATION By: /s/ RICHARD J. LAMPEN ------------------------------------------ Name: Richard J. Lampen Title: Executive Vice President NEW VALLEY HOLDINGS, INC. By: /s/ RICHARD J. LAMPEN ------------------------------------------ Name: Richard J. Lampen Title: Executive Vice President VGR HOLDING INC. By: /s/ RICHARD J. LAMPEN ------------------------------------------ Name: Richard J. Lampen Title: Executive Vice President VECTOR GROUP LTD. By: /s/ RICHARD J. LAMPEN ------------------------------------------ Name: Richard J. Lampen Title: Executive Vice President BENNETT S. LEBOW By: New Valley Corporation By: /s/ RICHARD J. LAMPEN ------------------------------------------ Name: Richard J. Lampen Title: Executive Vice President Page 9 of 10 Pages EXHIBIT B TRANSACTIONS IN THE COMMON STOCK IN THE PAST 60 DAYS: NO. OF SHARES PRICE PER NAME(1) DATE PURCHASED SHARE(2) - ------- ---- ------------- --------- New Valley 9/23/02 20,000 $4.71 15,000 $4.75 25,000 $4.80 9,900 $4.85 24,800 $4.90 2,000 $4.94 5,000 $4.95 8,800 $4.99 16,000 $5.00 -------- 126,500 New Valley 9/24/02 2,700 $4.85 5,000 $4.88 200 $4.91 4,400 $4.95 2,200 $4.99 51,100 $5.00 ------ 65,600 - ------------------------------------------- (1) With respect to New Valley, includes shares purchased by Alki. (2) Excludes brokerage commissions. Page 10 of 10 Pages -----END PRIVACY-ENHANCED MESSAGE-----