UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
LOEWS CINEPLEX ENTERTAINMENT CORPORATION
- -------------------------------------------------------------------------------
(formerly LTM Holdings Inc.)
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(Name of Issuer)
Common Shares
- -------------------------------------------------------------------------------
(Title of Class of Securities)
54023-10-0
- -------------------------------------------------------------------------------
(CUSIP Number)
Clifford L. Michel, Esq.
Cahill Gordon & Reindel
80 Pine Street, New York, NY 10005
(212) 701-3200
- -------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
July 30, 1998
- -------------------------------------------------------------------------------
(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 / /.
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 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 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).
Page 1 of 18
<PAGE>
SCHEDULE 13D
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CUSIP No.
540423-10-0
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE CHARLES ROSNER BRONFMAN DISCRETIONARY TRUST - 06-6455069
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States (Connecticut)
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 1,918,907
BENEFICIALLY ---------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING
PERSON WITH _____________________________________________
9 SOLE DISPOSITIVE POWER
1,918,907
---------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,918,907
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES /X/
Excludes 4,000 Class B Non-Voting Common Shares
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.35%
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14 TYPE OF REPORTING PERSON*
00
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Page 2 of 18
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE CHARLES BRONFMAN TRUST - 98-6048671
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States (New York)
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 1,000,000
BENEFICIALLY ---------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING
PERSON WITH _____________________________________________
9 SOLE DISPOSITIVE POWER
1,000,000
---------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000,000
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.27%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
00
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Page 3 of 18
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE CHARLES R. BRONFMAN TRUST - 98-6048672
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States (New York)
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES 1,000,000
BENEFICIALLY ---------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING
PERSON WITH _____________________________________________
9 SOLE DISPOSITIVE POWER
1,000,000
---------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000,000
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.27%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
00
- -------------------------------------------------------------------------------
Page 4 of 18
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
CHARLES ROSNER BRONFMAN
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
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3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES ______________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 3,918,908
REPORTING ______________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
----------------------------------------------
10 SHARED DISPOSITIVE POWER
3,918,998
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,918,908
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* /X/
Excludes 9,926 shares of Common Stock owned by Mr. Bronfman's wife.
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.89%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
Page 5 of 18
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
THE PHYLLIS LAMBERT FOUNDATION
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 31,410
SHARES ______________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING ______________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
31,410
----------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
31,410
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.07%
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14 TYPE OF REPORTING PERSON*
CO
- -------------------------------------------------------------------------------
Page 6 of 18
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
E. LEO KOLBER
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 350,309
SHARES ______________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING ______________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
----------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,309
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* /X/
Excludes 7,500 shares of Common Stock owned by Sen Kolber's wife.
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.80%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
Page 7 of 18
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
BOJIL EQUITIES INC.
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - See Item 3
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
British West Indies
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES _____________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING _____________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
350,309
---------------------------------------------
10 SHARED DISPOSITIVE POWER / /
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
350,309
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.80%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
- -------------------------------------------------------------------------------
Page 8 of 18
<PAGE>
SCHEDULE 13D
- -------------------------------------------------------------------------------
CUSIP No.
540423-10-0
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
LOUIS LUDWICK
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A - see Item 3
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 23,377
SHARES _____________________________________________
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH
REPORTING _____________________________________________
PERSON WITH 9 SOLE DISPOSITIVE POWER
23,377
---------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
23,377
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES * / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.05%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
Page 9 of 18
<PAGE>
Item 1. Security and Issuer.
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998.
Item 2. Identity and Background.
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998.
Item 3. Source and Amount of Funds or Other Consideration.
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998.
Item 4. Purpose of the Transaction.
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998.
Item 5. Interest in Securities in Cineplex.
(a)-(b) At the close of business on July 30, 1998, the members of the
Claridge Group beneficially owned, directly and indirectly, an aggregate of
4,324,003 shares of Common Stock representing approximately 9.81% of the
outstanding Common Stock. The wives of Mr. Bronfman and Sen. Kolber own an
additional 17,426 shares of Common Stock (0.04%) in the aggregate, as to which
beneficial ownership is disclaimed by Mr. Bronfman and Sen. Kolber. The
ownership of each member of the Claridge Group is set forth in the following
table:
Shareholder Common Stock %
----------- ------------ -
The Charles Rosner Bronfman 1,918,907 4.35
Discretionary Trust
The Charles Bronfman Trust 1,000,000 2.27
The Charles R. Bronfman Trust 1,000,000 2.27
The Phyllis Lambert Foundation 31,410 0.07
Bojil Equities Inc. 350,309 0.80
Louis Ludwick 23,377 0.05
Charles Rosner Bronfman(1) 3,918,907 8.89
E. Leo Kolber(2) 350,309 0.80
- ----------
1 Reflects (i) 1,918,907 Common Shares owned by The Charles Rosner Bronfman
Discretionary Trust, (ii) 1,000,000 Common Shares owned by The Charles R.
Bronfman Trust, and (iii) 1,000,000 Common Shares owned by The Charles
Bronfman Trust. Excludes 9,926 Common Shares owned by Mr. Bronfman's wife.
Mr. Bronfman disclaims all beneficial interest in and to the shares owned
by his wife.
2 Reflects 350,309 shares of Common Stock owned by Bojil Equities as to which
Sen. Kolber holds all voting rights. Excludes 7,500 shares of Common Stock
owned by Sen. Kolber's wife. Sen. Kolber disclaims all beneficial interest
in and to the shares owned by his wife.
Page 10 of 18
<PAGE>
The foregoing percentages are based on 44,080,948 shares of Common Stock
outstanding July 30, 1998 as reported in the Company's Prospectus dated July 30,
1998. The Charles Rosner Bronfman Discretionary Trust also own 4,000 shares of
Class B Non-Voting Common Shares or approximately 4.76% of such class, with the
balance of such class being owned by Universal Studios. The shares of Class B
Non-Voting Common shares are convertible into shares of Common Stock on a share
for share basis in certain circumstances.
The Seagram Company Ltd. owns indirectly approximately 84% of the
outstanding voting equity of Universal Studios Inc. Based on the most recent
publicly available information related to Seagram: (i) descendants of the late
Samuel Bronfman and trusts established for their benefit (the "Bronfman Trusts")
beneficially owned, directly or indirectly, an aggregate of 119,923,229 of the
then outstanding common shares of Seagram ("Seagram Shares"), constituting
approximately 34.6% of the then outstanding Seagram Shares, which amount
includes the approximately 14.9% of the then outstanding Seagram Shares owned by
trusts established for the benefit of Charles R. Bronfman and his descendants
and (ii) pursuant to two voting trust agreements, Charles R. Bronfman serves as
the voting trustee for approximately 33.5% of the then outstanding Seagram
Shares and a voting trustee for approximately 0.7% the then outstanding Seagram
Shares, which shares are beneficially owned by the Bronfman Trusts and certain
other entities.
(c) Unchanged from the initial Statement on Schedule 13D dated May 20,
1998.
(d)-(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to
the Securities of Cineplex.
Unchanged from the initial Statement on Schedule 13D dated May 20, 1998,
except as supplemented by the following:
In with an underwritten public offering of the Company's Common Stock
pursuant to a Prospectus dated July 30, 1998, such prospectus states:
"The Company, SPE, Universal, members of the Claridge Group holding in
the aggregate 4,269,216 shares of Common Stock and all of the Company's
directors and executive officers have agreed that they will not offer,
sell, contract to sell, pledge or otherwise dispose of, directly or
indirectly, or, in the case of the Company, file or cause to be filed with
the Commission a registration statement under the Securities Act relating
to, any shares of Common Stock or securities or other rights convertible
into or exchangeable or exercisable for any shares of Common Stock, or
publicly disclose the intention to make any such offer, sale, pledge,
disposal or, in the case of the Company, filing, without the prior written
consent of Credit Suisse First Boston Corporation, for a period of 90 days
after the date of this Prospectus, excepting, in the case of the Company,
grants of employee stock options pursuant to an option plan in effect on
the date of this Prospectus and issuances of Common Stock pursuant to the
exercise of options under any such plan."
Upon completion of such public offering, The Claridge Group's aggregate
percentage ownership of Common Stock is expected to be reduced to approximately
7.4%, with a proportionate reduction in the ownership percentages of its
members.
Page 11 of 18
<PAGE>
Item 7. Material to be Filed as Exhibits.
The following exhibits are filed with this Amendment:
1. Lock-up agreement of The Charles Bronfman Trust.*
2. Lock-up agreement of The Charles R. Bronfman Trust.*
3. Lock-up agreement of The Charles Rosner Bronfman Discretionary Trust.*
4. Lock-up agreement of Sen. E. Leo Kolber.*
5. Lock-up agreement of Bojil Equities Inc.*
Page 12 of 18
<PAGE>
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: August 4, 1998
THE CHARLES ROSNER BRONFMAN DISCRETIONARY TRUST
THE CHARLES R. BRONFMAN TRUST
THE CHARLES BRONFMAN TRUST
CHARLES ROSNER BRONFMAN
THE PHYLLIS LAMBERT FOUNDATION
BOJIL EQUITIES INC.
E. LEO KOLBER
LOUIS LUDWICK
By: /s/ Michel Boucher
-----------------------------
Michel Boucher
Attorney-in-Fact
Page 13 of 18
Exhibit 1
July 16, 1998
Loews Cineplex Entertainment Corporation
711 Fifth Avenue, 11th Floor
New York, NY 10022
Credit Suisse First Boston Corporation
Bear, Stearns & Co. Inc.
BT Alex. Brown Incorporated
Goldman, Sachs & Co.
Smith Barney Inc.
As Representatives of the Several Underwriters
c/o Credit Suisse First Boston Corporation
Eleven Madison Avenue
New York, NY 10010-3629
Dear Sirs:
As an inducement to the Underwriters to execute an Underwriting Agreement,
pursuant to which an offering of Common Stock (the "Securities") of Loews
Cineplex Entertainment Corporation (the "Company") will be made, the undersigned
hereby agrees that, for a period of 90 days after the public offering (the
"Commencement Date") of the Securities pursuant to the Underwriting Agreement,
the undersigned will not offer, sell, contract to sell, pledge or otherwise
dispose of (a "Transfer"), directly or indirectly, any Securities or securities
convertible into or exchangeable or exercisable for any Securities, or publicly
disclose the intention to make any such offer, sale, pledge or disposal, without
the prior written consent of Credit Suisse First Boston Corporation.
Notwithstanding anything to the contrary in the foregoing, the consent of Credit
Suisse First Boston Corporation shall not be required for (i) any Transfer by
the undersigned to any affiliate of the undersigned, provided that any such
transferee shall agree in writing prior to or contemporaneously with such
Transfer, to be bound by the provisions of this agreement to the same extent as
to the undersigned, and (ii) any pledge by the undersigned of Securities, or any
securities convertible into or exercisable or exchangeable for Securities, to
secure indebtedness, provided that the pledgee shall agree in writing, prior to
or contemporaneously with such pledge, to be bound by the provisions of this
agreement to the same extent as to the undersigned.
In furtherance of the foregoing, the Company and its transfer agent and
registrar are hereby authorized to decline to make any Transfer of Securities if
such Transfer would constitute a violation or breach of this Agreement.
This Agreement shall be binding on the undersigned and the respective
successors, heirs, personal representatives and assigns of the undersigned. This
agreement shall lapse and become null and void if the Commencement Date shall
not have occurred on or before August 15, 1998.
Very truly yours,
CHARLES BRONFMAN TRUST
By: /s/ Jeffrey Scheine
-------------------------------
Name: Jeffrey Scheine
Title: Trustee
By: /s/ Gary Gartner
-------------------------------
Name: Gary Gartner
Title: Trustee
[INSTITUTIONS]
Page 15 of 18
Exhibit 2
July 16, 1998
Loews Cineplex Entertainment Corporation
711 Fifth Avenue, 11th Floor
New York, NY 10022
Credit Suisse First Boston Corporation
Bear, Stearns & Co. Inc.
BT Alex. Brown Incorporated
Goldman, Sachs & Co.
Smith Barney Inc.
As Representatives of the Several Underwriters
c/o Credit Suisse First Boston Corporation
Eleven Madison Avenue
New York, NY 10010-3629
Dear Sirs:
As an inducement to the Underwriters to execute an Underwriting Agreement,
pursuant to which an offering of Common Stock (the "Securities") of Loews
Cineplex Entertainment Corporation (the "Company") will be made, the undersigned
hereby agrees that, for a period of 90 days after the public offering (the
"Commencement Date") of the Securities pursuant to the Underwriting Agreement,
the undersigned will not offer, sell, contract to sell, pledge or otherwise
dispose of (a "Transfer"), directly or indirectly, any Securities or securities
convertible into or exchangeable or exercisable for any Securities, or publicly
disclose the intention to make any such offer, sale, pledge or disposal, without
the prior written consent of Credit Suisse First Boston Corporation.
Notwithstanding anything to the contrary in the foregoing, the consent of Credit
Suisse First Boston Corporation shall not be required for (i) any Transfer by
the undersigned to any affiliate of the undersigned, provided that any such
transferee shall agree in writing prior to or contemporaneously with such
Transfer, to be bound by the provisions of this agreement to the same extent as
to the undersigned, and (ii) any pledge by the undersigned of Securities, or any
securities convertible into or exercisable or exchangeable for Securities, to
secure indebtedness, provided that the pledgee shall agree in writing, prior to
or contemporaneously with such pledge, to be bound by the provisions of this
agreement to the same extent as to the undersigned.
In furtherance of the foregoing, the Company and its transfer agent and
registrar are hereby authorized to decline to make any Transfer of Securities if
such Transfer would constitute a violation or breach of this Agreement.
This Agreement shall be binding on the undersigned and the respective
successors, heirs, personal representatives and assigns of the undersigned. This
agreement shall lapse and become null and void if the Commencement Date shall
not have occurred on or before August 15, 1998.
Very truly yours,
CHARLES R. BRONFMAN TRUST
By: /s/ Jeffrey Scheine
----------------------------
Name: Jeffrey Scheine
Title: Trustee
By: /s/ Gary Gartner
----------------------------
Name: Gary Gartner
Title: Trustee
[INSTITUTIONS]
Page 15 of 18
Exhibit 3
June , 1998
Loews Cineplex Entertainment Corporation
711 Fifth Avenue, 11th Floor
New York, NY 10022
Credit Suisse First Boston Corporation
Bear, Stearns & Co. Inc.
BT Alex. Brown Incorporated
Goldman, Sachs & Co.
Smith Barney Inc.
As Representatives of the Several Underwriters
c/o Credit Suisse First Boston Corporation
Eleven Madison Avenue
New York, NY 10010-3629
Dear Sirs:
As an inducement to the Underwriters to execute an Underwriting Agreement,
pursuant to which an offering of Common Stock (the "Securities") of Loews
Cineplex Entertainment Corporation (the "Company") will be made, the undersigned
hereby agrees that, for a period of 90 days after the public offering (the
"Commencement Date") of the Securities pursuant to the Underwriting Agreement,
the undersigned will not offer, sell, contract to sell, pledge or otherwise
dispose of (a "Transfer"), directly or indirectly, any Securities or securities
convertible into or exchangeable or exercisable for any Securities, or publicly
disclose the intention to make any such offer, sale, pledge or disposal, without
the prior written consent of Credit Suisse First Boston Corporation.
Notwithstanding anything to the contrary in the foregoing, the consent of Credit
Suisse First Boston Corporation shall not be required for (i) any Transfer by
the undersigned to any affiliate of the undersigned, provided that any such
transferee shall agree in writing prior to or contemporaneously with such
Transfer, to be bound by the provisions of this agreement to the same extent as
to the undersigned, and (ii) any pledge by the undersigned of Securities, or any
securities convertible into or exercisable or exchangeable for Securities, to
secure indebtedness, provided that the pledgee shall agree in writing, prior to
or contemporaneously with such pledge, to be bound by the provisions of this
agreement to the same extent as to the undersigned.
In furtherance of the foregoing, the Company and its transfer agent and
registrar are hereby authorized to decline to make any Transfer of Securities if
such Transfer would constitute a violation or breach of this Agreement.
This Agreement shall be binding on the undersigned and the respective
successors, heirs, personal representatives and assigns of the undersigned. This
agreement shall lapse and become null and void if the Commencement Date shall
not have occurred on or before August 15, 1998.
Very truly yours,
CHARLES ROSNER BRONFMAN DISCRETIONARY TRUST
By: /s/ Bruce Judelson
------------------------------------
Name: Bruce Judelson
Title: Trustee
[INSTITUTIONS]
Page 16 of 18
Exhibit 4
July 9, 1998
Loews Cineplex Entertainment Corporation
711 Fifth Avenue, 11th Floor
New York, NY 10022
Credit Suisse First Boston Corporation
Bear, Stearns & Co. Inc.
BT Alex. Brown Incorporated
Goldman, Sachs & Co.
Smith Barney Inc.
As Representatives of the Several Underwriters
c/o Credit Suisse First Boston Corporation
Eleven Madison Avenue
New York, NY 10010-3629
Dear Sirs:
As an inducement to the Underwriters to execute an Underwriting Agreement,
pursuant to which an offering of Common Stock (the "Securities") of Loews
Cineplex Entertainment Corporation (the "Company") will be made, the undersigned
hereby agrees that, for a period of 90 days after the public offering (the
"Commencement Date") of the Securities pursuant to the Underwriting Agreement,
the undersigned will not offer, sell, contract to sell, pledge or otherwise
dispose of (a "Transfer"), directly or indirectly, any Securities or securities
convertible into or exchangeable or exercisable for any Securities, or publicly
disclose the intention to make any such offer, sale, pledge or disposal, without
the prior written consent of Credit Suisse First Boston Corporation.
Notwithstanding anything to the contrary in the foregoing, the consent of Credit
Suisse First Boston Corporation shall not be required for (i) any Transfer by
the undersigned or any member of the undersigned's immediate family, provided
that any such transferee shall agree in writing prior to or contemporaneously
with such Transfer, to be bound by the provisions of this agreement to the same
extent as to the undersigned, and (ii) any pledge by the undersigned of
Securities, or any securities convertible into or exercisable or exchangeable
for Securities, to secure indebtedness, provided that the pledgee shall agree in
writing, prior to or contemporaneously with such pledge, to be bound by the
provisions of this agreement to the same extent as to the undersigned.
In furtherance of the foregoing, the Company and its transfer agent and
registrar are hereby authorized to decline to make any Transfer of Securities if
such Transfer would constitute a violation or breach of this Agreement.
This Agreement shall be binding on the undersigned and the respective
successors, heirs, personal representatives and assigns of the undersigned. This
agreement shall lapse and become null and void if the Commencement Date shall
not have occurred on or before August 15, 1998.
Very truly yours,
By: /s/ E. Leo Kolber
-------------------------
[INDIVIDUALS]
Page 17 of 18
Exhibit 5
July 29, 1998
Loews Cineplex Entertainment Corporation
711 Fifth Avenue, 11th Floor
New York, NY 10022
Credit Suisse First Boston Corporation
Bear, Stearns & Co. Inc.
BT Alex. Brown Incorporated
Goldman, Sachs & Co.
Smith Barney Inc.
As Representatives of the Several Underwriters
c/o Credit Suisse First Boston Corporation
Eleven Madison Avenue
New York, NY 10010-3629
Dear Sirs:
As an inducement to the Underwriters to execute an Underwriting Agreement,
pursuant to which an offering of Common Stock (the "Securities") of Loews
Cineplex Entertainment Corporation (the "Company") will be made, the undersigned
hereby agrees that, for a period of 90 days after the public offering (the
"Commencement Date") of the Securities pursuant to the Underwriting Agreement,
the undersigned will not offer, sell, contract to sell, pledge or otherwise
dispose of (a "Transfer"), directly or indirectly, any Securities or securities
convertible into or exchangeable or exercisable for any Securities, or publicly
disclose the intention to make any such offer, sale, pledge or disposal, without
the prior written consent of Credit Suisse First Boston Corporation.
Notwithstanding anything to the contrary in the foregoing, the consent of Credit
Suisse First Boston Corporation shall not be required for (i) any Transfer by
the undersigned to any affiliate of the undersigned, provided that any such
transferee shall agree in writing prior to or contemporaneously with such
Transfer, to be bound by the provisions of this agreement to the same extent as
to the undersigned, and (ii) any pledge by the undersigned of Securities, or any
securities convertible into or exercisable or exchangeable for Securities, to
secure indebtedness, provided that the pledgee shall agree in writing, prior to
or contemporaneously with such pledge, to be bound by the provisions of this
agreement to the same extent as to the undersigned.
In furtherance of the foregoing, the Company and its transfer agent and
registrar are hereby authorized to decline to make any Transfer of Securities if
such Transfer would constitute a violation or breach of this Agreement.
This Agreement shall be binding on the undersigned and the respective
successors, heirs, personal representatives and assigns of the undersigned. This
agreement shall lapse and become null and void if the Commencement Date shall
not have occurred on or before August 15, 1998.
Very truly yours,
BOJIL EQUITIES INC.
By: /s/ Michel Boucher
-----------------------------
Name: Michel Boucher
Title: Attorney-in-Fact
[INSTITUTIONS]
Page 18 of 18
