-----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, AuXX383btNvSdpL1eqQA/+uAun4ThF3/JyP8NogH9DcX6LeiyDxSgR2F77/IoL1C NDlAAvQgRW28CafCfoQmQw== 0000950136-01-500718.txt : 20010629 0000950136-01-500718.hdr.sgml : 20010629 ACCESSION NUMBER: 0000950136-01-500718 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20010628 GROUP MEMBERS: BARRY W. FLORESCUE GROUP MEMBERS: BFMA HOLDING CORP GROUP MEMBERS: CHARLES W. MIERSCH GROUP MEMBERS: FLORESCUE FAMILY CORPORATION GROUP MEMBERS: NED L. SIEGEL GROUP MEMBERS: RICHARD A. BLOOM SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MORTONS RESTAURANT GROUP INC CENTRAL INDEX KEY: 0000883981 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 133490149 STATE OF INCORPORATION: DE FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-42940 FILM NUMBER: 1669555 BUSINESS ADDRESS: STREET 1: 3333 NEW HYDE PK RD STE 210 CITY: NEW HYDE PARK STATE: NY ZIP: 11042 BUSINESS PHONE: 5166271515 MAIL ADDRESS: STREET 1: 3333 NEW HYDE PARK ROAD STREET 2: SUITE 210 CITY: NEW HYDE PARK STATE: NY ZIP: 11042 FORMER COMPANY: FORMER CONFORMED NAME: QUANTUM RESTAURANTS GROUP INC DATE OF NAME CHANGE: 19950315 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BFMA HOLDING CORP CENTRAL INDEX KEY: 0001128220 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 521958726 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 37 HUNTINGTON STREET CITY: CORTLAND STATE: NY ZIP: 13045 BUSINESS PHONE: 8004313023 SC 13D/A 1 file001.txt AMENDMENT TO SCHEDULE 13D ---------------------------------- OMB APPROVAL ---------------------------------- OMB Number: 3235-0145 ---------------------------------- Expires: October 31, 2002 ---------------------------------- Estimated average burden hours per response. . . 14.9 ---------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. ___3___)* Morton's Restaurant Group, Inc. (Name of Issuer) Common Stock, $.01 par value (Title of Class of Securities) 619429 10 3 (CUSIP Number) Barry W. Florescue c/o BFMA Holding Corporation 50 East Sample Road, Suite 400 Pompano Beach, Florida 33064 (800) 675- 6115 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) June 27, 2001 (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 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 (the "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). SCHEDULE 13D
- ------------------------------------------------------------------------------------------- CUSIP No. 619429 10 3 - ------------------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) BFMA HOLDING CORPORATION - ------------------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - ------------------------------------------------------------------------------------------- 3) SEC Use Only - ------------------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) WC - ------------------------------------------------------------------------------------------- 5) Check 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 298,500 Number of Shares ------------------------------------------------------------------------ Beneficially 8) Shared Voting Power Owned by 0 Each ------------------------------------------------------------------------ Reporting 9) Sole Dispositive Power Person 298,500 with ------------------------------------------------------------------------ 10) Shared Dispositive Power 0 ------------------------------------------------------------------------ 11) Aggregate Amount Beneficially Owned by Each Reporting Person 298,500 - ------------------------------------------------------------------------------------------- 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) 7.2% - ------------------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) CO - -------------------------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------- CUSIP No. 619429 10 3 - --------------------------------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) FLORESCUE FAMILY CORPORATION - -------------------------------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - -------------------------------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) WC - -------------------------------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------------------------------- 6) Citizenship or Place of Organization NEVADA - --------------------------------------------------------------------------------------------------------- 7) Sole Voting Power 29,100 Number of Shares ----------------------------------------------------------------------------------- Beneficially 8) Shared Voting Power Owned by 0 Each ----------------------------------------------------------------------------------- Reporting 9) Sole Dispositive Power Person 29,100 with ----------------------------------------------------------------------------------- 10) Shared Dispositive Power 0 - -------------------------------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 29,100 - -------------------------------------------------------------------------------------------------------- 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) 0.7% - -------------------------------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) CO - --------------------------------------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------- CUSIP No. 619429 10 3 - ----------------------------------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) BARRY W. FLORESCUE - ----------------------------------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - ----------------------------------------------------------------------------------------------------------- 3) SEC Use Only - ----------------------------------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) AF - ----------------------------------------------------------------------------------------------------------- 5) Check 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 327,600 Number of Shares -------------------------------------------------------------------------------------- Beneficially 8) Shared Voting Power Owned by 56,300 Each -------------------------------------------------------------------------------------- Reporting 9) Sole Dispositive Power Person 327,600 with -------------------------------------------------------------------------------------- 10) Shared Dispositive Power 56,300 - ----------------------------------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 383,900 - ------------------------------------------------------------------------------------------------------------ 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) 9.3% - ------------------------------------------------------------------------------------------------------------ 14) Type of Reporting Person (See Instructions) IN - ------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------ CUSIP No. 619429 10 3 - ------------------------------------------------------------------------------------------------------------ 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) NED L. SIEGEL - ------------------------------------------------------------------------------------------------------------ 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - ------------------------------------------------------------------------------------------------------------ 3) SEC Use Only - ------------------------------------------------------------------------------------------------------------ 4) Source of Funds (See Instructions) AF - ------------------------------------------------------------------------------------------------------------ 5) Check 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 Number of Shares --------------------------------------------------------------------------------------- Beneficially 8) Shared Voting Power Owned by 56,300 Each --------------------------------------------------------------------------------------- Reporting 9) Sole Dispositive Power Person 0 with --------------------------------------------------------------------------------------- 10) Shared Dispositive Power 56,300 - ------------------------------------------------------------------------------------------------------------ 11) Aggregate Amount Beneficially Owned by Each Reporting Person 56,300 - ------------------------------------------------------------------------------------------------------------ 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) 1.4% - ------------------------------------------------------------------------------------------------------------ 14) Type of Reporting Person (See Instructions) IN - ------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------ CUSIP No. 619429 10 3 - ------------------------------------------------------------------------------------------------------------ 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) RICHARD A. BLOOM - ------------------------------------------------------------------------------------------------------------ 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - ------------------------------------------------------------------------------------------------------------ 3) SEC Use Only - ------------------------------------------------------------------------------------------------------------ 4) Source of Funds (See Instructions) AF - ------------------------------------------------------------------------------------------------------------ 5) Check 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 5,000 NUMBER OF SHARES --------------------------------------------------------------------------------------- BENEFICIALLY 8) Shared Voting Power OWNED BY 0 EACH --------------------------------------------------------------------------------------- REPORTING 9) Sole Dispositive Power PERSON 5,000 WITH --------------------------------------------------------------------------------------- 10) Shared Dispositive Power 0 - ------------------------------------------------------------------------------------------------------------ 11) Aggregate Amount Beneficially Owned by Each Reporting Person 5,000 - ------------------------------------------------------------------------------------------------------------ 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) 0.1% - ------------------------------------------------------------------------------------------------------------ 14) Type of Reporting Person (See Instructions) IN - ------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------ CUSIP No. 619429 10 3 - ------------------------------------------------------------------------------------------------------------ 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) CHARLES W. MIERSCH - ------------------------------------------------------------------------------------------------------------ 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [x] (b) [ ] - ------------------------------------------------------------------------------------------------------------ 3) SEC Use Only - ------------------------------------------------------------------------------------------------------------ 4) Source of Funds (See Instructions) AF - ------------------------------------------------------------------------------------------------------------ 5) Check 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 500 NUMBER OF SHARES --------------------------------------------------------------------------------------- BENEFICIALLY 8) Shared Voting Power OWNED BY 0 EACH --------------------------------------------------------------------------------------- REPORTING 9) Sole Dispositive Power PERSON 500 WITH --------------------------------------------------------------------------------------- 10) Shared Dispositive Power 0 - ------------------------------------------------------------------------------------------------------------ 11) Aggregate Amount Beneficially Owned by Each Reporting Person 500 - ------------------------------------------------------------------------------------------------------------ 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) 0.0% - ------------------------------------------------------------------------------------------------------------ 14) Type of Reporting Person (See Instructions) IN - ------------------------------------------------------------------------------------------------------------
This Amendment No. 3 to the Statement on Schedule 13D amends and supplements the Statement in Schedule 13D relating to the event date of January 25, 2001, filed by BFMA Holding Corporation, Florescue Family Corporation, Barry W. Florescue and Ned L. Siegel as amended by Amendment No. 1 relating to the event date of March 21, 2001 and Amendment No. 2 relating to the event date of April 26, 2001 (collectively, the "Schedule 13D"). Capitalized terms used herein and not defined herein shall have the meanings assigned thereto in the Schedule 13D. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER Item 6 has been supplemented with the following: On June 27, 2001, BFMA sent a letter to Greenhill & Co., LLC, a copy of which is attached hereto and incorporated by reference. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS Exhibit A. Agreement of Joint Filing. (1) --------- Exhibit B. Definitive Proxy Statement, dated April 26, 2001. (2) --------- Exhibit C. Letter from BFMA to Morton's, dated May 1, 2001. (2) --------- Exhibit D. Commitment Letter from Icahn Associates Corp., dated --------- May 1, 2001. (2) Exhibit E. Letter from BFMA to Greenhill & Co., LLC, dated --------- June 27, 2001. (1) Filed as an exhibit to Amendment No. 1 to the Statement on Schedule 13D. (2) Filed as an exhibit to Amendment No. 2 to the Statement on Schedule 13D. SIGNATURES After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned hereby certifies that the information set forth in this Schedule 13D is true, complete and correct. Dated: June 28, 2001 BFMA HOLDING CORPORATION By: /s/ Barry W. Florescue --------------------------------- Name: Barry W. Florescue Title: Chief Executive Officer FLORESCUE FAMILY CORPORATION By: /s/ Barry W. Florescue --------------------------------- Name: Barry W. Florescue Title: President /s/ Barry W. Florescue --------------------------------- Barry W. Florescue /s/ Ned L. Siegel --------------------------------- Ned L. Siegel /s/ Richard A. Bloom --------------------------------- Richard A. Bloom /s/ Charles W. Miersch --------------------------------- Charles W. Miersch EX-99.E 2 file002.txt MORTON'S CONFIDENTIALITY AGREEMENT ================================================================================ BFMA HOLDING CORPORATION ================================================================================ ................................................................................ June 27, 2001 VIA FACSIMILE AND OVERNIGHT COURIER Timothy M. George Greenhill & Co., LLC 300 Park Avenue, 23rd Floor New York, NY 10022 Re: Morton's Confidentiality Agreement and Requested Information Dear Mr. George: It has been almost two months since BFMA made its offer for Morton's and over one week since your representatives and Morton's counsel met with BFMA representatives to review the additional financial information you requested and we still do not have a confidentiality agreement from your client. I am disappointed but not surprised by Morton's continued lack of responsiveness. Although we believed that your requests for additional financial information concerning BFMA's offer were neither customary nor reasonable at this point in the process, we are committed to pursuing the transaction and provided to you further evidence of BFMA's and Icahn's capacity and commitment to finance the transaction. We provided this information with the expectation that we would move beyond the stalling that has characterized Morton's response to BFMA thus far, and immediately execute a reasonable and customary confidentiality agreement, immediately receive the due diligence information previously requested by BFMA and receive an indication that the special committee was committed to the sale process. Instead, we have only received excuses. Given the company's complete inaction with respect to this matter, we are convinced that the special committee is taking whatever steps it deems necessary to avoid truly exploring BFMA's offer. Their inaction simply confirms that, despite what may be in the best interest of shareholders, this board does not want to see this company sold to BFMA or anyone else. Their inaction appears intended to insure that our due diligence and purchase documentation cannot be completed prior to the expiration of our financing commitment letter. It is clear to anyone observing their actions that they are taking an unreasonable amount of time to address each step in this process. Notwithstanding their delay, BFMA remains committed to this acquisition and, if necessary, will explore an extension of its financing commitment. In addition, we have already received expressions of interest from numerous alternative sources of capital. In addition to the company's public statements about reducing expenses and exploring strategic alternatives, it is our understanding that, in exchange for the agreement by certain large institutional shareholders to reelect Allen Bernstein, John Castle and Tom Baldwin, these directors and officers promised that the company would explore adding a shareholder representative as a director, promptly engage in a review of strategic alternatives, including a fair - -------------------------------------------------------------------------------- 50 East Sample Road, Suite 400, Pompano Beach, Florida 33064 Timothy M. George Greenhill & Co., LLC June 27, 2001 Page 2 and expeditious review of BFMA's offer, and explore the interest of other parties in acquiring the company. It has been nearly two months and the company has not delivered on any of these promises. We believe that management's and the special committee's inaction borders on a violation of their fiduciary duties to shareholders. Their inaction makes BFMA believe that they never truly intended to explore a sale of the company. In fact, we now believe that these promises were made without any intention of fulfilling them and solely to keep Messrs. Bernstein, Baldwin and Castle on the board. We are further disappointed by the actions of John Castle, the purported "chairman" of the not-so-independent special committee of Morton's board. His actions appear aimed at preventing BFMA from performing due diligence. We believe that Mr. Castle's efforts to delay the sale process are the result of his desire to have BFMA drop its offer to purchase the company. He appears hopeful either that BFMA's financing commitment will expire or that the certain large institutional shareholders to whom they made the promises above will sell their stock. These both may happen but BFMA is not going away. We believe and many other shareholders have expressed their belief that Mr. Castle is not acting in the interest of all of the Morton's shareholders. We believe there is tremendous opportunity in the Morton's brand; however, we have little confidence in the existing senior management team to realize that value for the company's shareholders. The recent announcements by management regarding Morton's expected financial performance cause us great concern. If these statements are true, they are further evidence supporting our concerns that this senior management team is incapable of managing Morton's through these turbulent times. I had hoped that we would engage in a productive dialogue; however, your client's inaction leaves me no choice but to assume that we are not going to make any progress without further exposing their misdeeds. The company's directors should stop wasting the shareholders money and save themselves possible further embarrassment. I look forward to hearing from you shortly. Sincerely, /s/ Barry W. Florescue Barry W. Florescue Chairman and CEO - -------------------------------------------------------------------------------- 50 East Sample Road, Suite 400, Pompano Beach, Florida 33064 -----END PRIVACY-ENHANCED MESSAGE-----