-----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, DFsFlgGG0vHZhbP7kujAXgJgbzzl5b+9Ui/PL7KVhb2lwLe+4XaeBi5t9Pfpfved waiAa3YJy02ZZZF9zIsEuQ== 0000950136-99-001553.txt : 19991208 0000950136-99-001553.hdr.sgml : 19991208 ACCESSION NUMBER: 0000950136-99-001553 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991207 GROUP MEMBERS: MAFCO CONSOLIDATED GROUP INC GROUP MEMBERS: MAFCO CONSOLIDATED HOLDINGS INC. GROUP MEMBERS: MAFCO HOLDINGS INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: M & F WORLDWIDE CORP CENTRAL INDEX KEY: 0000945235 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728] IRS NUMBER: 020423416 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-46325 FILM NUMBER: 99769816 BUSINESS ADDRESS: STREET 1: 35 E 62ND ST CITY: NEW YUORK STATE: NY ZIP: 10021 BUSINESS PHONE: 2125728600 MAIL ADDRESS: STREET 1: 35 EAST 62ND STREET CITY: NEW YORK STATE: NY ZIP: 10021 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MAFCO CONSOLIDATED GROUP INC CENTRAL INDEX KEY: 0000888676 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MISCELLANEOUS NONDURABLE GOODS [5190] IRS NUMBER: 020424104 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 35 E 62ND ST CITY: NEW YORK STATE: NY ZIP: 10021 BUSINESS PHONE: 6039265911 MAIL ADDRESS: STREET 1: 35 EAST 62ND STREET CITY: NEW YORK STATE: NY ZIP: 10021 SC 13D 1 SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 8) M & F WORLDWIDE CORP. --------------------- (Name of issuer) COMMON STOCK, PAR VALUE $.01 PER SHARE -------------------------------------- (Title of class of securities) 739228-10-4 ----------- (CUSIP number) Barry F. Schwartz 35 East 62nd Street New York, New York 10021 (212) 572-8600 --------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) DECEMBER 6, 1999 ---------------------------- (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box 9. Page 1 of 10 Pages
- ---------------------------------------------------- ---------------------------------------------------------- CUSIP NO. 739228 10 4 13D PAGE 2 OF 10 PAGES ----------- ----- ---- - ---------------------------------------------------- ---------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Mafco Holdings Inc. - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ----------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - ----------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED BY --------------------------------------------------------------------------------------------------------- EACH 8 SHARED VOTING POWER REPORTING PERSON 6,648,800 WITH --------------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 --------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 6,648,800 - ----------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,648,800 - ----------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------------------------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 32.2% - ------------------------------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON* HC - ------------------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------- ---------------------------------------------------------- CUSIP NO. 739228 10 4 13D PAGE 3 OF 10 PAGES ----------- ----- ---- - ---------------------------------------------------- ---------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Mafco Consolidated Holdings Inc. - ----------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ----------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ----------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ----------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - ----------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ----------------------------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED BY --------------------------------------------------------------------------------------------------------- EACH 8 SHARED VOTING POWER REPORTING PERSON 6,648,800 WITH --------------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 --------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 6,648,800 - ----------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,648,800 - ----------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ----------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 32.2% - ----------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - -----------------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------- --------------------------------------------------------- CUSIP NO. 739228 10 4 13D PAGE 4 OF 10 PAGES ----------- ----- ---- - ---------------------------------------------------- --------------------------------------------------------- - ---------------------------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Mafco Consolidated Group Inc. - ---------------------------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ---------------------------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------------------------------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - ---------------------------------------------------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ] - ---------------------------------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ---------------------------------------------------------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 0 OWNED BY -------------------------------------------------------------------------------------------------------- EACH 8 SHARED VOTING POWER REPORTING PERSON 6,648,800 WITH -------------------------------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 0 -------------------------------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 6,648,800 - ---------------------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,648,800 - ---------------------------------------------------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ---------------------------------------------------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 32.2% - ---------------------------------------------------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* HC - ----------------------------------------------------------------------------------------------------------------------------------
This statement amends and supplements the Statement on Schedule 13D, as amended (the "Schedule 13D"), filed with the Securities and Exchange Commission by Mafco Consolidated Group Inc., a Delaware corporation, Mafco Consolidated Holdings Inc. (formerly C&F (Parent) Holdings Inc.), a Delaware corporation, and Mafco Holdings Inc., a Delaware corporation, in connection with their ownership of shares of common stock, par value $.01 per share, of M & F Worldwide Corp. (formerly Power Control Technologies Inc.), a Delaware corporation. Unless otherwise defined herein, all capitalized terms used herein shall have the meanings ascribed to them in the Schedule 13D. Item 2. Identity and Background. ----------------------- Items 2(a)-2(c) are hereby amended by adding the following at the end thereof: "A restated Schedule I, which includes the identity, business address and occupation or employment information for the directors and executive officers of each of Mafco, Mafco Consolidated Holdings and Mafco Holdings, is attached hereto." Item 4. Purpose of Transaction. ---------------------- Item 4 is hereby amended by adding the following at the end thereof: "On December 6, 1999, M & F Worldwide Corp. repurchased from Mafco Consolidated the 20,000 outstanding shares of M & F Worldwide Preferred Stock for $20,000,000, representing liquidation preference thereof, together with dividends accrued since September 30, 1999, the most recent regular dividend payment date (the "Purchase Consideration"). M & F Worldwide had a present right in its discretion to redeem the M & F Worldwide Preferred Stock for the Purchase Consideration. Item 5. Interest in Securities of the Issuer. ------------------------------------ Item 5(a) is hereby amended by adding the following at the end thereof: "On December 6, 1999, M & F Worldwide Corp. repurchased from Mafco Consolidated 20,000 shares of M & F Worldwide Preferred Stock which were convertible into 2,500,000 shares of M & F Worldwide Common Stock. As of December 3, 1999, there were 20,663,171 shares of M & F Worldwide Common Stock outstanding. Mafco Consolidated owned of record 6,648,800 shares of M & F Worldwide Common Stock which represented 32.2% of the shares of M & F Worldwide Common Stock currently outstanding." SIGNATURES ---------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information in this statement is true, complete and correct. Dated: December 6, 1999 MAFCO HOLDINGS INC. MAFCO CONSOLIDATED HOLDINGS INC. MAFCO CONSOLIDATED GROUP INC. By: /s/Glenn P. Dickes ------------------------------- Glenn P. Dickes Secretary SCHEDULE I DIRECTORS AND EXECUTIVE OFFICERS OF MAFCO HOLDINGS INC., MAFCO CONSOLIDATED HOLDINGS INC. AND MAFCO CONSOLIDATED GROUP INC. The name, business address, 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 of the directors and executive officers of Mafco Holdings Inc., Mafco Consolidated Holdings Inc. and Mafco Consolidated Group Inc. is set forth below. If no business address is given, the director's or officer's address is Mafco Holdings Inc., 35 East 62nd Street, New York, New York 10021. MAFCO HOLDINGS INC. Name and Position (if difference from Principal Occupation Present Principal Occupation or or Employment) Employment and Address - -------------- ---------------------- Ronald O. Perelman Director, Chairman and Chief Executive Officer of Mafco Holdings Inc. Donald Drapkin Director and Vice Chairman of Mafco Holdings Inc. Howard Gittis Director and Vice Chairman of Mafco Holdings Inc. James R. Maher Director and President of Mafco Holdings Inc. Barry F. Schwartz Executive Vice President and General Counsel of Mafco Holdings Inc. Todd J. Slotkin Executive Vice President and Chief Financial Officer of Mafco Holdings Inc. 1 MAFCO CONSOLIDATED HOLDINGS INC. Name and Position (if difference from Present Principal Occupation or Principal Employment) Employment and Address - --------------------- ---------------------- Ronald O. Perelman Director, Chairman and Director, Chairman Chief Executive Officer of and Chief Executive Officer Mafco Holdings Inc. Howard Gittis Director and Vice Chairman Director and Vice Chairman of Mafco Holdings Inc. Barry F. Schwartz Executive Vice President and Executive Vice President General Counsel of Mafco and General Counsel Holdings Inc. Todd J. Slotkin Executive Vice President Executive Vice President and Chief Financial Officer and Chief Financial of Mafco Holdings Inc. Officer 2 MAFCO CONSOLIDATED GROUP INC. Name and Position (if difference from Principal Occupation Present Principal Occupation or or Employment) Employment and Address - -------------- ---------------------- Ronald O. Perelman Chairman and Chief Executive Director and Chairman Officer of Mafco Holdings Inc. Howard Gittis Vice Chairman of Mafco Holdings Director and Vice Chairman Inc. James R. Maher President of Mafco Holdings President and Chief Executive Inc. Officer Barry F. Schwartz Executive Vice President and Executive Vice President General Counsel of Mafco and General Counsel Holdings Inc. Todd J. Slotkin Executive Vice President and Executive Vice President Chief Financial Officer of and Chief Financial Mafco Holdings Inc. Officer 3 -----END PRIVACY-ENHANCED MESSAGE-----