-----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, TfHnwLO0XPCXUGxONG7tt0XOP1g5TWwQwjDgnxvCg1xlav1KQu328KFRs6G2Y1DO 2Hq3iEg9f7mTz3mXOZMQhw== 0000895421-98-000194.txt : 19981014 0000895421-98-000194.hdr.sgml : 19981014 ACCESSION NUMBER: 0000895421-98-000194 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19981013 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MARVEL ENTERPRISES INC CENTRAL INDEX KEY: 0000933730 STANDARD INDUSTRIAL CLASSIFICATION: DOLLS & STUFFED TOYS [3942] IRS NUMBER: 133711775 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-47191 FILM NUMBER: 98724733 BUSINESS ADDRESS: STREET 1: 685 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2126824700 MAIL ADDRESS: STREET 1: 685 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TOY BIZ INC DATE OF NAME CHANGE: 19941213 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN STANLEY DEAN WITTER & CO CENTRAL INDEX KEY: 0000895421 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 363145972 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2127614000 MAIL ADDRESS: STREET 1: 1585 BROADWAY STREET 2: 38TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: DEAN WITTER DISCOVER & CO DATE OF NAME CHANGE: 19960315 SC 13D 1 SCHEDULE 13D ------------------------------------------- OMB APPROVAL ------------------------------------------- OMB Number: Expires: Estimated average burden hours per form................... ------------------------------------------- UNITED STAES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No.____________) Marvel Enterprises Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 57383M108 - -------------------------------------------------------------------------------- (CUSIP Number) Bruce Bromberg Morgan Stanley Dean Witter & Co. 1585 Broadway New York, NY 10036 (212) 761-4000 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) October 1, 1998 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement of Schedule 13G to report the acquisition which is the subject of the Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with this statement [X]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *The remainder of this cover page shall be filed 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 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). (Continued on following page(s)) Cusip No. 57383M108 13D Page 2 of 7 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Morgan Stanley Dean Witter & Co. IRS #39-314-5972 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION The state of organization is Delaware. - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER ** EACH 5,470,622 REPORTING -------------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 5,470,622 - ---=---------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,470,622 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.09% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA, CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ** The Reporting Person has agreed in principal to a Stockholders' Agreement where shared voting power with the signatories will equal 33,002,000 shares, or 71% of the issuer. Cusip No. 57383M108 13D Page 3 of 7 Pages - -------------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON(S) S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(S) Morgan Stanley & Co. Incorporated IRS # 13-265-5996 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [x] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION The state of organization is Delaware. - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY -------------------------------------------------------------- OWNED BY 8 SHARED VOTING POWER ** EACH 4,020,792 REPORTING -------------------------------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 0 -------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 4,020,792 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,020,792 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.09% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* BD, CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ** The Reporting Person has agreed in principal to a Stockholders' Agreement where shared voting power with the signatories will equal 33,002,000 shares, or 71% of the issuer. Cusip No. 57383M108 13D Page 4 of 7 Pages Item 1. Security and Issuer The class of equity securities to which this statement relates is the common shares (the "Common Shares"), of Marvel Enterprises Inc., a Delaware corporation (the "Issuer"). The principal executive offices of the Issuer are located at 685 Third Avenue, New York, NY 10017. Item 2. Identity and Background (a) Morgan Stanley Dean Witter & Co. is (e) an Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940. (b) Morgan Stanley & Co., Incorporated is (a) a Broker Dealer registered under section 15 of the Securities Exchange Act of 1934. Item 3. Source and Amount of Funds or Other Consideration The common shares were received in connection with the reorganization under Chapter 11 of Marvel Entertainment Group, Inc.. Morgan Stanley & Co. Incorporated and Morgan Stanley Dean Witter & Co., or funds managed by units thereof, were senior lenders to Marvel Entertainment Group, Inc. and received the common shares in exchange for the loans. Item 4. Purpose of Transaction See Item 3 above. Item 5. Interest in Securities of the Issuer Once the Stockholder's Agreement is executed the Reporting Persons may be deemed to beneficially own an aggregate of 33,002,000 shares of Common Stock, representing approximately 71% of the outstanding Common Stock as members of the 13(d) Group (as defined below). To the best of the Reporting Persons' knowledge, Avi Arad own 4,150,000 shares of Common Stock; the Dickstein Entities (consisting of Dickstein & Co., L.P., Dickstein Focus Fund L.P., Dickstein International Limited, Elyssa Dickstein, Jeffrey Schwarz and Alan Cooper as Trustees U/T/A/D 12/27/88, Mark Dickstein, Grantor, Mark Dickstein and Elyssa Dickstein, as Trustees of The Mark and Elyssa Dickstein Foundation and Elyssa Dickstein) own 2,315,188 shares of Common Stock and 3,658,061 shares of Preferred Stock; the Perlmutter Entities (consisting of Isaac Perlmutter, Isaac Perlmutter T.A., The Laura & Isaac Perlmutter Foundation, Inc., Object Trading Corp., Zib Inc.) own 9,539,500 shares of Common Stock and 3,492,852 shares of Preferred Stock (the Perlmutter Entities together with Avi Arad and the Dickstein Entities, the "Investor Group"), Whippoorwill Associates, Incorporated ("Whippoorwill") owns 1,350,404 shares of Common Stock and 2,021,581 shares of Preferred Stock, which numbers exclude 74,384 shares of Common Stock and 44,857 shares of Preferred Stock owned by Whippoorwill that are not subject to the Stockholders' Agreement (as defined herein), and Chase Manhattan Bank ("CMB") owns 1,288,778 shares of Common Stock and 777,202 shares of Preferred Stock, (the Reporting Person, Whippoorwill and CMB together, the "Lender Group," and collectively with the Investor Group and the Reporting Person, the "13(d) Group"). The above information with respect to each of the members of the 13(d) Group, other than with respect to the Reporting Persons, was provided by the respective member of the 13(d) Group and was not independently verified by the Reporting Persons. The Reporting Persons do not have any pecuniary interest nor do they have any dispositive power over the shares of Capital Stock owned by the other members of the 13(d) Group. Morgan Stanley & Co. Incorporated is a party to the Stockholders' Agreement and reference is made to Item 7 with respect to the terms thereof. The Reporting Persons may be deemed to share power to vote or direct the vote with respect to all the shares of Capital Stock owned by the other members of the 13(d) Group solely as a result of Morgan Stanley & Co. Incorporated's participation in the Stockholders' Agreement. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Pursuant to the proposed Stockholders Agreement, Morgan Stanley & Co. Incorporated and Morgan Stanley Dean Witter & Co., or units thereof, ("MSDW") are part of a group of shareholders which has agreed to vote as a group for Board members and committee memberships of the Issuer. Morgan Stanley & Co. Incorporated has designated an employee to be elected as a member of the Board of the Issuer. Item 7. Material to be Filed as Exhibits Exhibit "A" - Stockholders agreement (to be filed by amendment). Cusip No. 57383M108 13D Page 5 of 7 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: October 13, 1998 Signature: /s/ Bruce Bromberg ----------------------------------------------------------------- Name/Title Bruce Bromberg / Vice President Morgan Stanley & Co., Incorporated ----------------------------------------------------------------- MORGAN STANLEY DEAN WITTER & CO. Date: October 13, 1998 Signature: /s/ Bruce Bromberg ----------------------------------------------------------------- Name/Title Bruce Bromberg / Vice President Morgan Stanley & Co., Incorporated ----------------------------------------------------------------- MORGAN STANLEY & CO., INCORPORATED INDEX TO EXHIBITS PAGE ----------------- ---- EXHIBIT 1 Agreement to Make a Joint Filing 6 EXHIBIT 2 Secretary's Certificate Authorizing Bruce Bromberg 7 to Sign on behalf of Morgan Stanley Dean Witter & Co. * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). (022597DTI) EX-99 2 JOINT FILING AGREEMENT CUSIP No. 57383M108 13-G Page 6 of 7 Pages EXHIBIT 1 TO SCHEDULE 13D --------------------------------------------------- OCTOBER 13, 1998 --------------------------------------------------- MORGAN STANLEY DEAN WITTER & CO. and MORGAN STANLEY & CO., INCORPORATED hereby agree that, unless differentiated, this Schedule 13D is filed on behalf of each of the parties. MORGAN STANLEY DEAN WITTER & CO. BY: /s/ Bruce Bromberg -------------------------------------------------------------------- Bruce Bromberg / Vice President Morgan Stanley & Co., Incorporated MORGAN STANLEY & CO., INCORPORATED BY: /s/ Bruce Bromberg -------------------------------------------------------------------- Bruce Bromberg / Vice President Morgan Stanley & Co., Incorporated * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001). EX-99 3 SECRETARY'S CERTIFICATE Page 7 of 7 Pages EXHIBIT 2 ------------------ MORGAN STANLEY, DEAN WITTER, DISCOVER & CO. SECRETARY'S CERTIFICATE I, Charlene R. Herzer, a duly elected and acting Assistant Secretary of Morgan Stanley, Dean Witter, Discover & Co., a corporation organized and existing under the laws of the State of Delaware (the "Corporation"), certify that as approved by a Unanimous Consent of Directors in Lieu of a Meeting dated as of May 31, 1997, the following persons are each authorized to sign reports to be filed under Sections 13 and 16 of the Securities Exchange Act of 1934 on behalf of the Corporation, and such authorizations are in full force and effect as of this date: Stuart J.M. Breslow Robert G. Koppenol Bruce Bromberg Robin Sherak IN WITNESS WHEREOF, I have hereunto set my name and affixed the seal of the Corporation as of the 3rd day of June, 1997. /s/ Charlene R. Herzer ------------------------ Charlene R. Herzer Assistant Secretaty (120496DTI) -----END PRIVACY-ENHANCED MESSAGE-----