-----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, SZXXwb8erHtLLLaodJF/+vpBHzMVT0A3veE8RMlqURMCDFdHoD6Gq5HUrIRbIhk1 G38MzWwslorEehJH3xEoWw== 0000950120-05-000077.txt : 20050211 0000950120-05-000077.hdr.sgml : 20050211 20050211093030 ACCESSION NUMBER: 0000950120-05-000077 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050211 DATE AS OF CHANGE: 20050211 GROUP MEMBERS: MASON CAPITAL, LP GROUP MEMBERS: MASON CAPITAL, LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GREY GLOBAL GROUP INC CENTRAL INDEX KEY: 0000043952 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 130802840 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-19088 FILM NUMBER: 05595251 BUSINESS ADDRESS: STREET 1: 777 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2125462000 MAIL ADDRESS: STREET 1: 777 THIRD AVE STREET 2: 777 THIRD AVE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: GREY ADVERTISING INC /DE/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MASON CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001218735 IRS NUMBER: 134121993 FILING VALUES: FORM TYPE: SC 13G SC 13G 1 greysch13g.txt SCHEDULE 13G - GREY GLOBAL SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT 1934* Grey Global Group Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.01 par value - -------------------------------------------------------------------------------- (Title of Class of Securities) 39787M108 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2004 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed Rule 13d-1(b) [X] Rule 13d-1(c) Rule 13d-1(d) - --------------------- * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required 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). - ---------------------------- CUSIP No. 39787M108 - ---------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Mason Capital Management LLC, in its capacity as investment manager for certain investment funds and managed accounts - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 52,904 Common Shares OWNED BY ----------------------------------------------------------- EACH 6 SHARED VOTING POWER REPORTING PERSON WITH -0- ----------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 52,904 Common Shares 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 52,904 Common Shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT 2 - ---------------------------- CUSIP No. 39787M108 - ---------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Mason Capital, LP - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 19,644 Common Shares OWNED BY ----------------------------------------------------------- EACH 6 SHARED VOTING POWER REPORTING PERSON WITH -0- ----------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 19,644 Common Shares 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 19,644 Common Shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.6% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT 3 - ---------------------------- CUSIP No. 39787M108 - ---------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Mason Capital, Ltd. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - -------------------------------------------------------------------------------- NUMBER OF 5 SOLE VOTING POWER SHARES BENEFICIALLY 29,124 Common Shares OWNED BY ----------------------------------------------------------- EACH 6 SHARED VOTING POWER REPORTING PERSON WITH -0- ----------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 29,124 Common Shares 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 29,124 Common Shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT 4 SCHEDULE 13G ITEM 1(a). NAME OF ISSUER: -------------- Grey Global Group Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: ----------------------------------------------- 777 Third Avenue New York, New York 10017 ITEM 2.(a), NAME OF PERSON FILING; ADDRESS (b) AND (c) OF PRINCIPAL BUSINESS OFFICE; CITIZENSHIP: ----------------------------------------- This Schedule is being filed jointly by the following reporting persons (hereinafter sometimes collectively referred to as the "Reporting Persons") pursuant to an Agreement of Joint Filing attached hereto as Exhibit A: (i) Mason Capital Management LLC ("Mason Management"), a Delaware limited liability company. (ii) Mason Capital, LP ("Mason Capital LP"), a Delaware limited partnership. (iii) Mason Capital, Ltd. ("Mason Capital Ltd"), a corporation organized under the laws of the Cayman Islands. Mason Management is the investment manager of Mason Capital LP and Mason Capital Ltd. Mason Management is also filing this statement on behalf of certain other funds and accounts ("Managed Accounts") over which it has discretionary investment authority. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE: ------------------------------------ The address of each of Mason Management, Mason Capital LP and Mason Capital Ltd, for purposes of this filing, is: 110 East 59th Street New York, New York 10082 ITEM 2(d). TITLE OF CLASS OF SECURITIES: ---------------------------- Common Stock, par value $0.01 per share. 5 ITEM 2(e). CUSIP NUMBER: ------------ 39787M108 ITEM 4.(a), (b) AND (c) OWNERSHIP. --------- Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (i) Mason Management ---------------- (a) Amount beneficially owned: 52,904 shares. (b) Percent of class: 4.4%. (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote 52,904 shares. (ii) Shared power to vote or direct the vote -0-. (iii) Sole power to dispose or direct the disposition of 52,904 shares. (iv) Shared power to dispose or direct the disposition of -0-. (ii) Mason Capital LP ---------------- (a) Amount beneficially owned: 19,644 shares. (b) Percent of class: 1.6%. (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote 19,644 shares. (ii) Shared power to vote or direct the vote -0-. (iii) Sole power to dispose or direct the disposition of 19,644 shares. (iv) Shared power to dispose or direct the disposition of -0-. (iii) Mason Capital Ltd. ----------------- (a) Amount beneficially owned: 29,124 shares. (b) Percent of class: 2.4%. (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote 29,124 shares. (ii) Shared power to vote or direct the vote -0-. 6 (iii) Sole power to dispose or direct the disposition of 29,124 shares. (iv) Shared power to dispose or direct the disposition of -0-. The number of shares beneficially owned and the percentage of outstanding shares represented thereby, for each of the Reporting Persons, have been computed in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended. The percentage of ownership described above is based on 1,190,623 Common Shares outstanding as of December 3, 2004 as reflected in the Company's Schedule 14A filed on December 8, 2004. ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. -------------------------------------------- See Item 4. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. --------------------------------------------------------------- See Item 4. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH --------------------------------------------------------- ACQUIRED THE SECURITIES BEING REPORTED ON BY THE PARENT -------------------------------------------------------- HOLDING COMPANY. --------------- Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. --------------------------------------------------------- See Item 4. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. ------------------------------ Not applicable. 7 ITEM 10. CERTIFICATION. ------------- By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE --------- After reasonable inquiry and to the best of the knowledge and belief of the undersigned Reporting Person, the undersigned Reporting Person certifies that the information set forth in this statement with respect to it, or him, as the case may be, is true, complete and accurate. Dated: February 11, 2005 MASON CAPITAL MANAGEMENT LLC, /s/ John Grizzetti ----------------------------- John Grizzetti Chief Financial Officer 8 ITEM 10. CERTIFICATION. ------------- By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE --------- After reasonable inquiry and to the best of the knowledge and belief of the undersigned Reporting Person, the undersigned Reporting Person certifies that the information set forth in this statement with respect to it, or him, as the case may be, is true, complete and accurate. Dated: February 11, 2005 MASON CAPITAL, LP By: MASON CAPITAL MANAGEMENT LLC, its Investment Manager By: /s/ John Grizzetti ---------------------------- John Grizzetti Chief Financial Officer 9 ITEM 10. CERTIFICATION. ------------- By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE --------- After reasonable inquiry and to the best of the knowledge and belief of the undersigned Reporting Person, the undersigned Reporting Person certifies that the information set forth in this statement with respect to it, or him, as the case may be, is true, complete and accurate. Dated: February 11, 2005 MASON CAPITAL, LTD. By: MASON CAPITAL MANAGEMENT LLC, its Investment Manager By: /s/ John Grizzetti ----------------------------- John Grizzetti Chief Financial Officer 10 EXHIBIT A AGREEMENT OF JOINT FILING GREY GLOBAL GROUP INC COMMON STOCK, $0.01 VALUE PER SHARE In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby confirm the agreement by and among them to the joint filing on behalf of them of a Statement on Schedule 13G and any and all amendments thereto, with respect to the above referenced securities and that this Agreement be included as an Exhibit to such filing. This Agreement may be executed in any number of counterparts each of which shall be deemed to be an original and all of which together shall be deemed to constitute one and the same Agreement. WITNESS WHEREOF, the undersigned hereby execute this Agreement as of this 11th day of February, 2005. MASON CAPITAL MANAGEMENT LLC /s/ John Grizzetti - ------------------------------------- John Grizzetti Chief Financial Officer MASON CAPITAL, LP BY: MASON CAPITAL MANAGEMENT LLC, its Investment Manager /s/ John Grizzetti - ------------------------------------ John Grizzetti Chief Financial Officer MASON CAPITAL, LTD. BY: MASON CAPITAL MANAGEMENT LLC, its Investment Manager /s/ John Grizzetti - ------------------------------------ John Grizzetti Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----