SC 13D/A 1 y71460a2sc13dza.htm AMENDMENT #2 TO SCHEDULE 13D SC 13D/A
     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
BlackRock, Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
US09247X1019
(CUSIP Number)
Merrill Lynch & Co., Inc.
4 World Financial Center
250 Vesey Street
New York, New York 10080
Telephone: 212-449-1000
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
September 25, 2008
(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 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).
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.
 
 

 

 

                     
CUSIP No.
  
US09247X1019 
  

 

           
1   NAME OF REPORTING PERSON:

Merrill Lynch & Co., Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  þ
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   52,396,167 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -- 0 --
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   52,396,167 Shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    -- 0 --
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  52,396,167 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  44.7%1
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  HC, CO
1   Based on 117,220,949 shares of Common Stock, par value $0.01, of BlackRock, Inc. issued and outstanding as of August 31, 2008 (the “Common Stock Outstanding”).

-2-

 

                     
CUSIP No.
  
US09247X1019 
  

 

           
1   NAME OF REPORTING PERSON:

Merrill Lynch Investment Managers, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   4,004,007 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -- 0 --
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -- 0 -- Shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    4,004,007 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  4,004,007 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  3.4%2
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN, IA
2   Based on the Common Stock outstanding.

-3-

 

                     
CUSIP No.
  
US09247X1019 
  

 

           
1   NAME OF REPORTING PERSON:

Fund Asset Management, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   16,019,116 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -- 0 --
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -- 0 -- Shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    16,019,116 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  16,019,116 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  13.7%3
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN, IA
3  Based on the Common Stock outstanding.

-4-

 

                     
CUSIP No.
  
US09247X1019 
  

 

           
1   NAME OF REPORTING PERSON:

Princeton Administrators, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   6,675 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -- 0 --
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -- 0 --
       
WITH 10   SHARED DISPOSITIVE POWER
     
    6,675 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,675 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  Less than 0.01%4
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  PN, IA
4   Based on the Common Stock outstanding.

-5-

 

                     
CUSIP No.
  
US09247X1019 
  

 

           
1   NAME OF REPORTING PERSON:

Merrill Lynch Group, Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   20,029,798 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -- 0 --
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -- 0 --
       
WITH 10   SHARED DISPOSITIVE POWER
     
    20,029,798 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  20,029,798 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  17.1%5
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  HC, CO
5   Based on the Common Stock outstanding.

-6-

 

                     
CUSIP No.
  
US09247X1019 
  

 

           
1   NAME OF REPORTING PERSON:

Princeton Services, Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   20,029,798
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -- 0 --
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -- 0 --
       
WITH 10   SHARED DISPOSITIVE POWER
     
    20,029,798 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  20,029,798 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  17.1%6
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO, HC
6   Based on the Common Stock outstanding.

-7-

 

                     
CUSIP No.
  
US09247X1019 
  

 

           
1   NAME OF REPORTING PERSON:

Merrill Lynch Government Securities Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  þ
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   -- 0 --
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -- 0 --
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -- 0 --
       
WITH 10   SHARED DISPOSITIVE POWER
     
    52,395,082 Shares
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  52,395,082 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  44.7%2
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  BD, CO
2   Based on the Common Stock outstanding

-8-

 

                     
CUSIP No.
  
US09247X1019 
  

 

           
1   NAME OF REPORTING PERSON:

Merrill Lynch, Pierce, Fenner & Smith Incorporated
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS (SEE INSTRUCTIONS)
   
  OO
     
5   CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
   
  þ
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   1,085 Shares
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -- 0 --
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   1,085 Shares
       
WITH 10   SHARED DISPOSITIVE POWER
     
    -- 0 --
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,085 Shares
     
12   CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  Less than 0.01%7
     
14   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  BD, IA, CO
7   Based on the Common Stock outstanding.

-9-

 

CUSIP No. US09247X1019
Item 1. Security and Issuer.
     This Amendment No. 2 to Schedule 13D relates to shares of Common Stock, par value $0.01 per share (the “Shares”), of BlackRock, Inc. (formerly New BlackRock, Inc. and New Boise, Inc.) (the “Issuer”). The principal executive offices of the Issuer are located at 40 East 52nd Street, New York, New York 10022.
Item 2. Identity and Background.
     This statement is being filed by Merrill Lynch & Co., Inc. (“ML&Co.”), Merrill Lynch Investment Management, L.P. (“MLIM LP”), Fund Asset Management, L.P. (“FAM LP”), Princeton Administrators, L.P. (“Princeton Administrators”), Merrill Lynch Group, Inc. (“ML Group”), Princeton Services, Inc. (“Princeton Services”) Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”) and Merrill Lynch Government Securities Inc. (“MLGSI”)(collectively, the “Reporting Persons”).
     ML&Co. is a Delaware corporation that, through its subsidiaries, including the other Reporting Persons, provides broker-dealer, investment banking, financing, wealth management, advisory, asset management, insurance, lending, and related products and services on a global basis. ML Group is a Delaware corporation. Princeton Services is a Delaware corporation. Princeton Services is the general partner of each of Princeton Administrators, MLIM LP, and FAM LP. MLIM LP, Princeton Administrators, and FAM LP are Delaware limited partnerships that formerly owned many of the assets that constituted the Merrill Lynch Investment Managers asset management business (the “MLIM Business”). MLPF&S is a Delaware corporation. MLGSI is a Delaware Corporation.
     The principal business address of ML&Co., and the address of its principal office, is 4 World Financial Center, 250 Vesey Street, New York, New York 10080. The principal business address of each other Reporting Person is c/o ML&Co. at the same address.
     The name, present principal occupation or employment (and the name, principal business and address of any corporation or other organization in which such employment is conducted), and citizenship of each director of ML&Co, ML Group, Princeton Services, MLPF&S and MLGSI are set forth in Schedules I-A, II-A, III-A, IV-A and V-A hereto respectively which are incorporated herein by reference.
     The name, business address, present principal occupation or employment, and citizenship of each executive officer of ML&Co, ML Group, Princeton Services, MLPF&S and MLGSI are set forth in Schedules I-B, II-B, III-B, IV-B and V-B hereto respectively, which are incorporated herein by reference.
     During the last five years, none of the Reporting Persons, nor, to the knowledge of each of the Reporting Persons, any of the persons listed on Schedules I-A, I-B, II-A, II-B, III-A, III-B, IV-A, IV-B, V-A or V-B hereto (i) has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree, or final order enjoining future violations of, or prohibiting or mandating activities subject to federal or state securities laws or finding any violation with respect to such laws, except as disclosed in Amendment 1 to this Schedule 13-D, filed with the SEC on July 22, 2008.

-10-

 

CUSIP No. US09247X1019
     The Reporting Persons have entered into a Joint Filing Agreement, dated as of September 25, 2008, a copy of which is attached hereto as Exhibit 7.01.
Item 3. Source and Amount of Funds or Other Consideration.
     MLGSI may be considered to beneficially own Shares under repurchase agreements with respect to the Shares entered into between MLGSI and each of ML&Co, Merrill Lynch Investment Managers L.P., Fund Asset Management L.P. and Princeton Administrators L.P.

-11-

 

Item 5. Interest in Securities of the Issuer.
     (a) As of September 25, 2008, the Reporting Persons beneficially owned, in the aggregate, 52,396,167 Shares and 12,604,918 shares of Preferred Stock. The beneficially owned Shares represent, in the aggregate, beneficial ownership of approximately 44.7% of the Common Stock outstanding. The Reporting Persons constitute a “group”, within the meaning of Section 13(d)(3) of the Exchange Act. Accordingly, each Reporting Person may be deemed to beneficially own any Shares that may be beneficially owned by each other Reporting Person.
     The aggregate number and percentage of Shares beneficially owned by each of the persons listed on Schedules I-A, I-B, II-A, II-B, III-A, III-B, IV-A, IV-B V-A and V-B hereto are set forth on Schedule VI hereto, which is incorporated by reference into this Item 5(a).
     (b) Each Reporting Person, excluding MLGSI, shares the power to vote or direct the vote and to dispose or direct the disposition of Shares beneficially owned by such Reporting Person as indicated above.
     Each Reporting Person shares the power to dispose or direct the disposition of shares of Preferred Stock beneficially owned by such Reporting Person as indicated above.
     (c) Schedule VII hereto, which is incorporated by reference in its entirety into this Item 5(c), sets forth the transactions in the Shares which, to the knowledge of Merrill Lynch, have been effected during the 60 days prior to September 25, 2008 (excluding any transactions that may have been effected for managed accounts with funds provided by third party customers). All of the transactions set forth on Schedule VII were effected in the ordinary course of business of Merrill Lynch, including to correct errors made in connection with trades in the Issuer’s Shares. The transactions in the Shares described on Schedule VII were effected on the NYSE or the over-the-counter market for cash. Except as described above, no transactions in the Shares were effected by the Reporting Persons, or, to their knowledge, any of the persons listed on Schedules I-A, I-B, II-A, II-B, III-A, III-B, IV-A, IV-B V-A, V-B or VI hereto during such 60-day period.
CUSIP No. US09247X1019
     (d) Not applicable.
     (e) Not applicable.

-12-

 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
     On September 25, 2008, ML&Co, MLGSI and the Issuer entered into a consent and waiver (the “Consent”) with respect to the Amended and Restated Stockholder Agreement (the “Stockholder Agreement”), dated as of July 16, 2008, between ML&Co. and BlackRock. The Consent permits ML&Co. and any of its relevant affiliates to take advantage of the Federal Reserve Bank of New York’s (the “Federal Reserve”) recent expansion of eligible collateral under the Primary Dealer Credit Facility by, among other things, entering into one or more repurchase agreements (each, a “Repurchase Agreement”) with the Federal Reserve for all or a part of the Shares owned by MLGSI. The Consent and the Stockholder Agreement are attached hereto as exhibits 7.04 and 7.05 respectively, and are incorporated in their entirety into this Item 6.
     The Consent expires upon, and any Repurchase Agreement will mature according to its terms immediately prior to, the consummation of ML&Co’s proposed merger with Bank of America Corporation. If ML&Co and MLGSI do not meet their obligations under a Repurchase Agreement, neither the Federal Reserve nor any subsequent owner of the Shares will become subject to any of the terms or provisions of the Stockholder Agreement. In that event, ML&Co. will remain bound by all applicable terms of the Stockholder Agreement.

-13-

 

CUSIP No. US09247X1019
Item 7. Material to be Filed as Exhibits
     
Exhibit   Description
 
    
7.01.
  Joint Filing Agreement, dated as of September 25, 2008, by and among Merrill Lynch & Co., Inc., Merrill Lynch Investment Management, L.P., Fund Asset Management, L.P., Princeton Administrators, L.P., Merrill Lynch Group, Inc., Princeton Services, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Government Securities Inc.
 
    
7.02
  Power of Attorney, dated October 9, 2006, relating to Merrill Lynch Group, Inc. (incorporated by reference to Exhibit 7.06 of the Reporting Persons’ statement on Schedule 13D with respect to the Issuer, filed on October 10, 2006).
 
    
7.03
   Power of Attorney, dated September 23, 2008, relating to Merrill Lynch Government Securities Inc.
 
    
7.04
  Consent and Waiver Letter Agreement, dated as of September 25, 2008, by and between Merrill Lynch & Co., Inc., Merrill Lynch Government Securities Inc. and BlackRock, Inc.
 
    
7.05
  Amended and Restated Stockholder Agreement, dated as of July 16, 2008, by and between Merrill Lynch & Co., Inc. and BlackRock, Inc. (incorporated by reference to Exhibit 7.02 of the Reporting Persons’ Amendment No. 1 to its statement on Schedule 13D with respect to the Issuer, filed on July 22, 2008).

-14-

 

CUSIP No. US09247X1019
SIGNATURES
     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, 2008
 
MERRILL LYNCH & CO., INC.    
 
        
By:
Name:
  /s/ JONATHAN N. SANTELLI
 
Jonathan N. Santelli 		   
Title:
  Assistant Secretary    
 
        
MERRILL LYNCH INVESTMENT MANAGERS, L.P.    
 
        
By:
  Princeton Services, Inc., its General Partner    
 
        
By:
Name:
  /s/ JONATHAN N. SANTELLI
 
Jonathan N. Santelli 		   
Title:
  Vice President and Secretary    
 
        
FUND ASSET MANAGEMENT, L.P.    
 
        
By:
  Princeton Services, Inc., its General Partner    
 
By:
Name:
  /s/ JONATHAN N. SANTELLI
 
Jonathan N. Santelli 		   
Title:
  Vice President and Secretary    
 
        
PRINCETON ADMINISTRATORS, L.P.    
 
        
By:
  Princeton Services, Inc., its General Partner    
 
        
By:
Name:
  /s/ JONATHAN N. SANTELLI
 
Jonathan N. Santelli 		   
Title:
  Vice President and Secretary    
 
        
MERRILL LYNCH GROUP, INC.    
 
        
By:
Name:
  /s/ JONATHAN N. SANTELLI
 
Jonathan N. Santelli 		   
Title:
  Authorized Person    
         
MERRILL LYNCH GOVERNMENT SECURITIES INC.    
 
        
By:
Name:
  /s/ JONATHAN N. SANTELLI
 
Jonathan N. Santelli 		   
Title:
  Authorized Person    

-15-

 

CUSIP No. US09247X1019
         
 
        
PRINCETON SERVICES, INC.    
 
        
By:
Name:
  /s/ JONATHAN N. SANTELLI
 
Jonathan N. Santelli 		   
Title:
  Vice President and Secretary    
 
        
MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED    
 
        
By:
Name:
  /s/ JONATHAN N. SANTELLI
 
Jonathan N. Santelli 		   
Title:
  Assistant Secretary    

-16-

 

CUSIP No. US09247X1019
SCHEDULE I-A
     The name and present principal occupation or employment (and the name, principal business and address of any corporation or other organization in which such employment is conducted) of each director of ML&Co. are set forth below.
     All directors listed below are United States citizens except for Judith Mayhew Jonas who is a U.K. citizen.
     
    Present principal occupation or employment (and the
    name, principal business and address of any
    corporation or other organization in which such
Name   employment is conducted)
 
    
Carol T. Christ 
  President, Smith College 
 
  c/o Corporate Secretary’s Office
 
  222 Broadway, 17th Floor
 
  New York, New York 10038
 
    
Armando M. Codina
  President and Chief Executive Officer of Flagler
 
  Development Group
 
  c/o Corporate Secretary’s Office
 
  222 Broadway, 17th Floor
 
  New York, New York 10038
 
    
Virgis W. Colbert
  Corporate Director
 
  c/o Corporate Secretary’s Office
 
  222 Broadway, 17th Floor
 
  New York, New York 10038
 
    
John D. Finnegan
  Chairman of the Board, President and Chief Executive
 
  Officer of The Chubb Corporation
 
  c/o Corporate Secretary’s Office
 
  222 Broadway, 17th Floor
 
  New York, New York 10038
 
    
Judith Mayhew Jonas
  Corporate Director
 
  c/o Corporate Secretary’s Office
 
  222 Broadway, 17th Floor
 
  New York, New York 10038
 
    
Aulana L. Peters
  Corporate Director
 
  c/o Corporate Secretary’s Office
 
  222 Broadway, 17th Floor
 
  New York, New York 10038

-17-

 

CUSIP No. US09247X1019
     
    Present principal occupation or employment (and the
    name, principal business and address of any
    corporation or other organization in which such
Name   employment is conducted)
 
    
Joseph W. Prueher
  Corporate Director, former U.S. Ambassador to the People’s Republic of China
 
  c/o Corporate Secretary’s Office
 
  222 Broadway, 17th Floor
 
  New York, New York 10038
 
    
Ann N. Reese
  Co-Founder and Co-Executive Director of the Center for Adoption Policy
 
  c/o Corporate Secretary’s Office
 
  222 Broadway, 17th Floor
 
  New York, New York 10038
 
    
Charles O. Rossotti
  Senior Advisor to The Carlyle Group
 
  c/o Corporate Secretary’s Office
 
  222 Broadway, 17th Floor
 
  New York, New York 10038
 
    
John A. Thain
  Chairman of the Board and Chief Executive Officer
 
  Merrill Lynch & Co., Inc.
 
  c/o Corporate Secretary’s Office
 
  222 Broadway, 17th Floor
 
  New York, New York 10038

-18-

 

CUSIP No. US09247X1019
SCHEDULE I-B
     The name and present principal occupation or employment of each executive officer of ML&Co. are set forth below.
     The business address for all the executive officers listed below is 4 World Financial Center, 250 Vesey Street, New York, New York 10080.
     All executive officers listed below are United States citizens.
     
            Name   Present principal occupation or employment
 
    
Rosemary T. Berkery
  Executive Vice President; Vice Chairman; General Counsel
 
    
Nelson Chai
  Executive Vice President, Chief Financial Officer
 
    
Gregory J. Fleming
  President; Chief Operating Officer
 
    
Robert J. McCann
  Executive Vice President; President, Vice Chairman, Global Wealth Management
 
    
Thomas K. Montag
  Executive Vice President; Head of Global Sales & Trading
 
    
Thomas J. Sanzone
  Executive Vice President; Chief Administrative Officer
 
    
John A. Thain
  Chairman of the Board and Chief Executive Officer

-19-

 

CUSIP No. US09247X1019
SCHEDULE II-A
     The name and present principal occupation or employment of each director of ML Group are set forth below.
     The principal business address of each director is c/o Merrill Lynch & Co., Inc., 4 World Financial Center, New York, NY 10080.
     All directors listed below are United States citizens
     
Name   Present principal occupation or employment
 
    
Richard B. Alsop
  Senior Vice President, Corporate Law
 
    
Gary M. Carlin
  Managing Director, Merrill Lynch Finance
 
    
Marlene B. Debel
  Managing Director, Global Treasury
 
    
D. Kevin Dolan
  Senior Vice President, Corporate Tax

-20-

 

CUSIP No. US09247X1019
SCHEDULE II-B
     The name and present principal occupation or employment of each executive officer of ML Group are set forth below.
     The business address for all the executive officers listed below is c/o Merrill Lynch & Co., Inc., 4 World Financial Center, New York, NY 10080.
     All executive officers listed below are United States citizens.
     
Name   Present principal occupation or employment
 
    
Richard B. Alsop
  Vice President Senior Vice President, Corporate Law
 
    
Gary M. Carlin
  President Managing Director, Merrill Lynch Finance
 
    
D. Kevin Dolan
  Chairman of the Board, Senior Vice President, Corporate Tax

-21-

 

CUSIP No. US09247X1019
SCHEDULE III-A
     The name and present principal occupation or employment of each director of Princeton Services are set forth below.
     The principal business address of each director is Merrill Lynch & Co., Inc., 4 World Financial Center, New York, NY 10080.
     All directors listed below are United States citizens.
     
Name   Present principal occupation or employment
 
    
John J. Fosina
  Senior Vice President, Corporate Audit
 
    
Carlos M. Morales
  Senior Vice President, Office of General Counsel

-22-

 

CUSIP No. US09247X1019
SCHEDULE III-B
     The name and present principal occupation or employment of each executive officer of Princeton Services are set forth below.
     The business address for all the executive officers listed below is c/o Merrill Lynch & Co., Inc., 4 World Financial Center, New York, NY 10080.
     All executive officers listed below are United States citizens.
     
Name   Present principal occupation or employment
 
    
John J. Fosina
  President, Senior Vice President, Corporate Audit
 
    
Carlos M. Morales
  Senior Vice President, Office of the General Counsel

-23-

 

CUSIP No. US09247X1019
SCHEDULE IV-A
     The name and present principal occupation or employment of each director of MLPF&S are set forth below.
     The principal business address of each director is 4 World Financial Center, New York, NY 10080.
     All directors listed below are United States citizens.
     
Name   Present principal occupation or employment
 
    
Candace E. Browning
  Senior Vice President; President of Merrill Lynch Global Research
 
    
Gregory J. Fleming
  Executive Vice President; President and Chief Operating Officer of Merrill Lynch & Co., Inc.
 
    
Robert J. McCann
  Chairman and Chief Executive Officer; Executive Vice President of Merrill Lynch & Co., Inc.;
Vice Chairman, Global Wealth Management
 
    
Carlos M. Morales
  Senior Vice President, Office of General Counsel

-24-

 

CUSIP No. US09247X1019
SCHEDULE IV-B
     The name and present principal occupation or employment of each executive officer of MLPF&S are set forth below.
     The business address for all the executive officers listed below is 4 World Financial Center, New York, NY 10080 unless otherwise noted.
     All executive officers listed below are United States citizens.
     
Name   Present principal occupation or employment
 
    
Rosemary T. Berkery
  Executive Vice President; Vice Chairman; General Counsel of Merrill Lynch & Co., Inc.
 
    
Robert J. McCann
  Chairman and Chief Executive Officer; Executive Vice President of Merrill Lynch & Co., Inc.;
Vice Chairman, Global Wealth Management
 
    
Joseph F. Regan
  First Vice President, Chief Financial Officer and Controller
Merrill Lynch & Co., Inc.
95 Greene Street (8th Floor)
Jersey City, NJ 07032

-25-

 

CUSIP No. US09247X1019
SCHEDULE V-A
     The name and present principal occupation or employment of each director of MLGSI are set forth below.
     The principal business address of each director is c/o Merrill Lynch & Co., Inc., 4 World Financial Center, New York, NY 10080.
     All directors listed below are United States citizens
     
Name   Present principal occupation or employment
Christopher M. Bury
  Director, Fixed Income, Currencies and Commodities
     
Paul W. Murphy
  Managing Director, Fixed Income, Currencies and Commodities
     
Daniel B. Markaity
  Managing Director, Fixed Income, Currencies and Commodities

-26-

 

CUSIP No. US09247X1019
SCHEDULE V-B
     The name and present principal occupation or employment of each executive officer of MLGSI are set forth below.
     The business address for all the executive officers listed below is c/o Merrill Lynch & Co., Inc., 4 World Financial Center, New York, NY 10080.
     All executive officers listed below are United States citizens.
     
Name   Present principal occupation or employment
Christopher M. Bury
  Director, Fixed Income, Currencies and Commodities
     
Paul W. Murphy
  Managing Director, Fixed Income, Currencies and Commodities
     
Daniel B. Markaity
  Managing Director, Fixed Income, Currencies and Commodities
     
Christopher M. Moran
  Director, Fixed Income, Currencies and Commodities Services
     
Joseph F. Regan
  First Vice President, Corporate Controller

-27-

 

CUSIP No. US09247X1019
SCHEDULE VI
     The aggregate number and percentage of the Issuer stock beneficially owned by each of the persons listed on Schedules I-A, I-B, II-A, II-B, III-A, III-B, IV-A, IV-B, V-A and V-B hereto are set forth below:
     Gregory J. Fleming beneficially owns 95 Shares, but does not have the power to dispose or direct the disposition of such Shares.

-28-

 

SCHEDULE VII
     Merrill Lynch engaged in the following purchases and sales of the Shares during the 60-day period prior to the date hereof:
                                 
    Purchase (P) /            
Description of Security   Sale (S)   Trade Date   Quantity   Price
Common Stock
     S       7/29/2008       25       217.7800  
Common Stock
     P       7/30/2008       45       224.5900  
Common Stock
     S       7/30/2008       75       217.1000  
Common Stock
     S       7/31/2008       45       219.7000  
Common Stock
     S       8/5/2008       300       226.5567  
Common Stock
     S       8/20/2008       65       209.4400  
Common Stock
     S       8/20/2008       35       209.3701  
Common Stock
     S       8/20/2008       65       209.4400  
Common Stock
     S       8/20/2008       35       209.3701  
Common Stock
     S       8/27/2008       3       206.1800  
Common Stock
     S       8/27/2008       3       206.1800  
Common Stock
     S       9/2/2008       5       222.6900  
Common Stock
     S       9/2/2008       5       222.6900  
Common Stock
     S       9/3/2008       35       219.2648  
Common Stock
     S       9/3/2008       6       219.2648  
Common Stock
     S       9/3/2008       11       219.2648  
Common Stock
     S       9/3/2008       11       219.2648  
Common Stock
     S       9/3/2008       25       219.2648  
Common Stock
     S       9/3/2008       22       219.2648  
Common Stock
     S       9/3/2008       10       219.2648  
Common Stock
     S       9/3/2008       25       219.2648  
Common Stock
     S       9/3/2008       19       219.2648  
Common Stock
     S       9/3/2008       33       219.2648  
Common Stock
     S       9/3/2008       46       219.2648  
Common Stock
     S       9/3/2008       28       219.2648  
Common Stock
     S       9/3/2008       17       219.2648  
Common Stock
     S       9/3/2008       16       219.2648  
Common Stock
     S       9/3/2008       15       219.2648  
Common Stock
     S       9/3/2008       38       219.2648  
Common Stock
     S       9/3/2008       16       219.2648  
Common Stock
     S       9/3/2008       14       219.2648  
Common Stock
     S       9/3/2008       31       219.2648  
Common Stock
     S       9/3/2008       35       219.2648  
Common Stock
     S       9/3/2008       6       219.2648  
Common Stock
     S       9/3/2008       11       219.2648  
Common Stock
     S       9/3/2008       11       219.2648  
Common Stock
     S       9/3/2008       25       219.2648  
Common Stock
     S       9/3/2008       22       219.2648  
Common Stock
     S       9/3/2008       10       219.2648  
Common Stock
     S       9/3/2008       25       219.2648  
Common Stock
     S       9/3/2008       19       219.2648  
Common Stock
     S       9/3/2008       33       219.2648  
Common Stock
     S       9/3/2008       46       219.2648  
Common Stock
     S       9/3/2008       28       219.2648  
Common Stock
     S       9/3/2008       17       219.2648  
Common Stock
     S       9/3/2008       16       219.2648  
Common Stock
     S       9/3/2008       15       219.2648  
Common Stock
     S       9/3/2008       38       219.2648  
Common Stock
     S       9/3/2008       16       219.2648  
Common Stock
     S       9/3/2008       14       219.2648  
Common Stock
     S       9/3/2008       31       219.2648  
Common Stock
     S       9/8/2008       13       218.9600  
Common Stock
     S       9/8/2008       55       218.9600  
Common Stock
     S       9/8/2008       30       218.9600  
Common Stock
     S       9/8/2008       43       218.9600  
Common Stock
     S       9/8/2008       44       218.9600  
Common Stock
     S       9/8/2008       4       218.9600  
Common Stock
     S       9/8/2008       13       218.9600  
Common Stock
     S       9/8/2008       55       218.9600  
Common Stock
     S       9/8/2008       30       218.9600  
Common Stock
     S       9/8/2008       43       218.9600  
Common Stock
     S       9/8/2008       44       218.9600  
Common Stock
     S       9/8/2008       4       218.9600  
Common Stock
     P       9/10/2008       100       220.8580  
Common Stock
     S       9/11/2008       100       209.9550  
Common Stock
     P       9/11/2008       100       219.1590  
Common Stock
     S       9/11/2008       100       213.6220  
Common Stock
     S       9/16/2008       60       207.7200  
Common Stock
     P       9/17/2008       50       195.4500  
Common Stock
     P       9/17/2008       75       192.1400  
Common Stock
     S       9/18/2008       50       185.8700  
Common Stock
     P       9/18/2008       20       187.2500  
Common Stock
     S       9/19/2008       20       215.0100  
Common Stock
     P       9/19/2008       5,300       205.3197  

-29-