UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
ECKERD CORPORATION
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $.01 per share
- --------------------------------------------------------------------------------
(Title Of Class of Securities)
278763107
--------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing 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).
*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 in 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 42 PAGES
<PAGE>
- -------------------------------- ------------------
CUSIP NO. 278763107 13G PAGE 2 OF 42 PAGES
---------
- -------------------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch & Co., Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,022,694
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,022,694
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,022,694
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.79%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC, CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- ------------------
CUSIP NO. 278763107 13G PAGE 3 OF 42 PAGES
---------
- -------------------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch Group, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,694
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,694
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,694
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC, CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- ------------------
CUSIP NO. 278763107 13G PAGE 4 OF 42 PAGES
---------
- -------------------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch Capital Partners, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- ------------------
CUSIP NO. 278763107 13G PAGE 5 OF 42 PAGES
---------
- -------------------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch LBO Partners No. I, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- ------------------
CUSIP NO. 278763107 13G PAGE 6 OF 42 PAGES
---------
- -------------------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch LBO Partners No. B-II, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- ------------------
CUSIP NO. 278763107 13G PAGE 7 OF 42 PAGES
---------
- -------------------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch Capital Appreciation Partnership No. II, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- ------------------
CUSIP NO. 278763107 13G PAGE 8 OF 42 PAGES
---------
- -------------------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ML Offshore LBO Partnership No. II
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- ------------------
CUSIP NO. 278763107 13G PAGE 9 OF 42 PAGES
---------
- -------------------------------- ------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ML IBK Positions, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 10 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
KECALP Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 11 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch KECALP 1989
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 12 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch KECALP L.P. 1986
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 13 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch Capital Corporation
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 14 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch Capital Appreciation Partnership No. B-IX, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 15 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ML Offshore LBO Partnership No. B-IX
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 16 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ML Employees LBO Managers, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 17 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ML Employees LBO Partnership No. I, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 18 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MLCP Associates L.P. No. II
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 19 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch MBP Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 20 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merchant Banking L.P. No. IV
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,020,634
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,020,634
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,020,634
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.78%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 21 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ML Venture Partners II, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 22 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ML Oklahoma Venture Partners L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 23 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch Venture Capital, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 24 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MLVP II Co., L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 25 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MLOK Co., L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
- -------------------------------- -------------------
CUSIP NO. 278763107 13G PAGE 26 OF 42 PAGES
---------
- -------------------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
ML Leasing Equipment Corp.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) [ ]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
None
NUMBER OF ------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY None
EACH
REPORTING ------------------------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
None
------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
Item 1 (a) Name of Issuer:
---------------
Eckerd Corporation
Item 1 (b) Address of Issuer's Principal Executive Offices:
------------------------------------------------
8333 Bryan Dairy Road, Largo, Florida 34647
Item 2 (a) Names of Persons Filing:
------------------------
Merrill Lynch & Co., Inc.
Merrill Lynch Group, Inc.
Merrill Lynch Capital Partners, Inc.
Merrill Lynch LBO Partners No. I, L.P.
Merrill Lynch LBO Partners No. B-II, L.P.
Merrill Lynch Capital Appreciation Partnership No. II, L.P.
ML Offshore LBO Partnership No. II
ML IBK Positions, Inc.
KECALP Inc.
Merrill Lynch KECALP 1989
Merrill Lynch KECALP 1986
Merrill Lynch Capital Corporation
Merrill Lynch Capital Appreciation Partnership No. B-IX, L.P.
ML Offshore LBO Partnership No. B-IX
ML Employees LBO Managers, Inc.
ML Employees LBO Partnership No. I, L.P.
MLCP Associates L.P. No. II
Merrill Lynch MBP Inc.
Merchant Banking L.P. No. IV
ML Venture Partners II, L.P.
ML Oklahoma Venture Partners L.P.
Merrill Lynch Venture Capital Inc.
MLVP II Co., L.P.
MLOK Co., L.P.
ML Leasing Equipment Corp.
Item 2 (b) Address of Principal Business Office, or, if none, Residence:
-------------------------------------------------------------
Merrill Lynch & Co., Inc.
Merrill Lynch Group, Inc.
250 Vesey Street
World Financial Center, North Tower
New York, New York 10281
Merrill Lynch Capital Partners, Inc.
Merrill Lynch LBO Partners No. I, L.P.
Merrill Lynch Capital Appreciation Partnership No. II, L.P.
ML Offshore LBO Partnership No. II
PAGE 27 OF 42 PAGES
<PAGE>
ML IBK Positions, Inc.
KECALP Inc.
Merrill Lynch KECALP 1989
Merrill Lynch KECALP 1986
Merrill Lynch Capital Corporation
Merrill Lynch LBO Partners No. B-II, L.P.
Merrill Lynch Capital Appreciation Partnership No. B-IX, L.P.
ML Offshore LBO Partnership No. B-IX
ML Employees LBO Managers, Inc.
ML Employees LBO Partnership No. I, L.P.
MLCP Associates L.P. No. II
Merrill Lynch MBP Inc.
Merchant Banking L.P. No. IV
ML Venture Partners II, L.P.
ML Oklahoma Venture Partners L.P.
Merrill Lynch Venture Capital Inc.
MLVP II Co., L.P.
MLOK Co., L.P.
ML Leasing Equipment Corp.
225 Liberty St.
New York, NY 10080
Item 2 (c) Citizenship:
------------
Delaware, except ML Offshore LBO Partnership No. II and ML
Offshore LBO Partnership No. B-IX, which are Cayman Islands
partnerships.
Item 2 (d) Title of Class of Securities:
-----------------------------
Common Stock, par value $.01 per share
Item 2 (e) CUSIP Number
------------
278763107
Item 3 If this statement is filed pursuant to Rules 13d-1 (b), or
----------------------------------------------------------
13d-2(b), check whether the person filing is a
----------------------------------------------
(a) [ ] Broker or Dealer registered under Section 16 of the
Act
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in section 3(a)(19) of
the Act
(d) [ ] Investment Company registered under section 8 of the
Investment Company Act
(e) [ ] Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is subject
to the provisions of the Employee Retirement
Income Security Act of 1974 or Endowment Fund;
see
PAGE 28 OF 42 PAGES
<PAGE>
Sec. 240.13d-1(b)(l)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with Sec.
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(H)
Item 4 Ownership
---------
(a) Amount Beneficially Owned:
See Item 9 of Cover Pages. Pursuant to Section 240.13d-4, Merrill Lynch & Co.,
Inc., Merrill Lynch Group, Inc., Merrill Lynch Capital Partners, Inc., Merrill
Lynch LBO Partners No. I, L.P., Merrill Lynch LBO Partners No. B-II, L.P.,
KECALP Inc., ML Employees LBO Managers, Inc., Merrill Lynch MBP Inc., Merrill
Lynch Venture Capital Inc., MLVP II Co., L.P., MLOK Co., L.P. and ML Leasing
Equipment Corp. (the "Reporting Persons") disclaim beneficial ownership of the
securities of Eckerd Corporation referred to herein, and the filing of this
Schedule 13G shall not be construed as an admission that the Reporting Companies
are, for the purposes of Section 13(d) or 13(g) of the Securities Exchange Act
of 1934 (the "Act"), the beneficial owner of any securities of Eckerd
Corporation covered by this statement.
(b) Percent of Class:
See Item 11 of Cover Pages
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
See Item 5 of Cover Pages
(ii) shared power to vote or to direct the vote:
See Item 6 of Cover Pages
(iii) sole power to dispose or to direct the disposition of:
See Item 7 of Cover Pages
(iv) shared power to dispose or to direct disposition of:
See Item 8 of Cover Pages
Item 5 Ownership Five Percent or Less of a Class.
-----------------------------------------
Not applicable
Item 6 Ownership of More than Five Percent on Behalf of Another
--------------------------------------------------------
Person.
-------
Certain wholly-owned subsidiaries of Merrill Lynch & Co., Inc., and
Merrill Lynch Group, Inc., either directly or as general partner of various
limited partnerships have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of the class of
securities reported herein. See Exhibit A.
PAGE 29 OF 42 PAGES
<PAGE>
Item 7 Identification and Classification of the Subsidiary Which
---------------------------------------------------------
Acquired the Security Being Reported on by the Parent Holding
-------------------------------------------------------------
Company.
--------
See Exhibit A
Item 8 Identification and Classification of Members of the Group.
---------------------------------------------------------
See Exhibit B
Item 9 Notice of Dissolution of Group.
-------------------------------
Not Applicable
Item 10 Certification.
--------------
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
PAGE 30 OF 42 PAGES
<PAGE>
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.
MERRILL LYNCH & CO., INC.
MERRILL LYNCH GROUP, INC.
ML IBK POSITIONS, INC.
KECALP INC.
MERRILL LYNCH MBP INC.
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L. Tu
Attorney-in-Fact*
MERRILL LYNCH CAPITAL PARTNERS, INC.
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L. Tu
Vice President & Secretary
MERRILL LYNCH LBO PARTNERS
NO. I, L.P.
By: Merrill Lynch Capital Partners, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L. Tu
Vice President & Secretary
MERRILL LYNCH LBO PARTNERS
NO. B-II, L.P.
By: Merrill Lynch Capital Partners, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L. Tu
Vice President & Secretary
- ------------
* See Exhibit C for Power of Attorney
PAGE 31 OF 42 PAGES
<PAGE>
MERRILL LYNCH CAPITAL
APPRECIATION PARTNERSHIP
NO. II, L.P.
By: Merrill Lynch LBO Partners
No. I, L.P., its general partner
By: Merrill Lynch Capital Partners, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Vice President & Secretary
ML OFFSHORE LBO PARTNERSHIP NO. II
By: Merrill Lynch LBO Partners No. I, L.P.,
its investment general partner
By: Merrill Lynch Capital Partners, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Vice President & Secretary
MERRILL LYNCH KECALP 1989
By: KECALP Inc., its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Attorney-in-Fact*
MERRILL LYNCH KECALP 1986
By: KECALP INC. its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Attorney-in-Fact*
- ------------
* See Exhibit C for Power of Attorney
PAGE 32 OF 42 PAGES
<PAGE>
MERRILL LYNCH
CAPITAL CORPORATION
Date: February 13, 1996 By: /s/ James Rossi
---------------------------------
James Rossi
Secretary
MERRILL LYNCH CAPITAL
APPRECIATION PARTNERSHIP
NO. B-IX, L.P.
By: Merrill Lynch LBO Partners
No. B-II, its general partner
By: Merrill Lynch Capital Partners, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Vice President & Secretary
ML OFFSHORE LBO PARTNERSHIP NO. B-IX, L.P.
By: Merrill Lynch LBO Partners No. B-II,
L.P., its investment general partner
By: Merrill Lynch Capital Partners, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Vice President & Secretary
ML EMPLOYEES LBO MANAGERS, INC.
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Secretary
PAGE 33 OF 42 PAGES
<PAGE>
ML EMPLOYEES LBO PARTNERSHIP
NO. I L.P.
By: ML Employees LBO Managers, Inc.
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Secretary
MLCP ASSOCIATES L.P. NO. II
By: Merrill Lynch Capital Partners, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Vice President &Secretary
MERCHANT BANKING L.P. NO. IV
By: Merrill Lynch MBP Inc.
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Attorney-in-Fact*
ML VENTURE PARTNERS II, L.P.
By: MLVP II CO. L.P. Venture
its general partner
By: Merrill Lynch Venture Capital, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Secretary
- ------------
* See Exhibit C for Power of Attorney
PAGE 34 OF 42 PAGES
<PAGE>
ML OKLAHOMA VENTURE
PARTNERSHIP L.P.
By: MLOK CO., L.P.
its general partner
By: Merrill Lynch Venture Capital, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Secretary
MLVP II CO., L.P.
By: Merrill Lynch Venture Capital, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Secretary
MLOK CO., L.P.
By: Merrill Lynch Venture Capital, Inc.,
its general partner
Date: February 13, 1996 By: /s/ Marcia L. Tu
---------------------------------
Marcia L.Tu
Secretary
ML LEASING EQUIPMENT CORP.
Date: February 13, 1996 By: /s/ James Rossi
---------------------------------
James Rossi
Secretary
PAGE 35 OF 42 PAGES
<PAGE>
EXHIBIT A TO SCHEDULE 13G
-------------------------
ITEM 7 DISCLOSURE RESPECTING SUBSIDIARIES
-----------------------------------------
Two of the persons filing this report, Merrill Lynch & Co., Inc., a
Delaware corporation ("ML&Co."), and Merrill Lynch Group, Inc., a Delaware
corporation ("ML Group"), are parent holding companies pursuant to Rule
13d-1(b)(1)(ii)(G). Pursuant to the instructions in Item 7 of Schedule 13G, the
relevant subsidiaries of ML&Co. are ML Group, Merrill Lynch Capital Partners,
Inc. ("MLCP"), Merrill Lynch Venture Capital Inc. ("MLVC"), KECALP Inc.
("KECALP"), Merrill Lynch MBP Inc. ("MLMBP"), Merrill Lynch Capital Corporation
("MLCC"), ML Employees LBO Managers, Inc. ("LBO"), ML Leasing Equipment Corp.
("Leasing") and ML IBK Positions, Inc. ("MLIBK"). The relevant subsidiaries of
ML Group are MLCP, MLVC, KECALP, MLMBP, MLCC, LBO, Leasing and MLIBK.
ML Group, a wholly-owned direct subsidiary of ML&Co. may be deemed to be
the beneficial owner of 5.78% of the securities of Eckerd Corporation (the
"Securities") by virtue of its control of its wholly-owned subsidiaries MLCP,
KECALP, MLMBP, MLCC, LBO and MLIBK.
MLCP, a Delaware corporation, may be deemed to be the beneficial owner of
Securities by virtue of (i) its status as general partner of a limited
partnership, Merrill Lynch LBO Partners No. I, L.P., ("LBO I"), that acts as
general partner of two limited partnerships that own the Securities, (ii) its
status as general partner of a limited partnership, Merrill Lynch LBO Partners
No. B-II, L.P. ("LBO B-II") that acts as general partner of two limited
partnerships that own the securities, (iii) its control of its wholly-owned
subsidiary LBO, which is the general partner of a limited partnership and (iv)
its status as general partner of MLCP Associates L.P. No. II. Each of such
partnerships own of such record less than 5% of the Securities.
KECALP and MLMBP are all wholly-owned subsidiaries of ML Group and each
act as general partners of limited partnerships or have subsidiaries that act as
general partner for limited partnerships that are record owners of the
Securities. No one limited partnership owns more than 5% of the Securities.
MLCC is a wholly-owned subsidiary of MLIBK, which is a wholly-owned
subsidiary of ML Group. Each of MLCC and MLIBK are record owners of less than 5%
of the Securities.
Those partnerships that are the record owners of the Securities and MLCC
and MLIBK may be deemed to be a group and therefore may be deemed to
beneficially own all of the Securities held by the group, which constitute 5.78%
of the outstanding Securities. Consequently, each of the general partners of the
partnerships and their parent corporations may also be deemed to beneficially
own all of the Securities held by the group. Each of the entities disclaims
beneficial ownership of the Securities not held of record by it.
Certain entities that are filing and reporting their holdings as zero were
deemed to be holders of 5% or more of the Securities in the last Schedule 13G
filed by them. However, they have since sold their entire position in the
Securities and are no longer part of the filing group.
PAGE 36 OF 42 PAGES
<PAGE>
EXHIBIT B TO SCHEDULE 13G
-------------------------
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP
--------------------------------------------------------------
The following entities may be deemed to be members of a group. All of such
entities disclaim membership in such group, except Merrill Lynch Capital
Appreciation Partnership No. II, L.P., ML Offshore LBO Partners No. II, Merrill
Lynch Capital Appreciation Partnership No. B-IX, L.P. and ML Offshore LBO
Partners No. B-IX. See Exhibit A.
Merrill Lynch Capital Appreciation Partnership No. II, L.P.
ML Offshore LBO Partners No. II
Merrill Lynch Capital Appreciation Partnership No. B-IX, L.P.
ML Offshore LBO Partners No. B-IX
ML IBK Positions, Inc.
ML Employees LBO Partnership No. I, L.P.
KECALP 1986 L.P.
KECALP 1989 L.P.
Merrill Lynch Capital Corporation
ML Employees LBO Partnership No. I, L.P.
MLCP Associates L.P. No. II
Merchant Banking L.P. No. IV
PAGE 37 OF 42 PAGES
<PAGE>
EXHIBIT C
---------
POWER OF ATTORNEY
TO PREPARE AND EXECUTE DOCUMENTS PURSUANT TO SECTIONS 13 AND 16
OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED,
AND RULES THEREUNDER, BY AND ON BEHALF OF
MERRILL LYNCH & CO., INC.
KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and
appoints MARCIA L. TU its true and lawfully attorney-in-fact to:
(1) to prepare and execute, for and on behalf of the undersigned, any and
all forms, schedules, reports and other documents relating to Merrill Lynch &
Co., Inc.'s direct or indirect ownership of securities that are required to be
filed with the United States Securities and Exchange Commission pursuant to
Section 13 and 16 of the Securities Exchange Act of 1934, as amended, and the
rules thereunder (collectively, the "Exchange Act");
(2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to comply with the requirements of Sections
13 and 16 of the Exchange Act including, but not limited to, executing documents
required by said sections of the Exchange Act and effecting the timely filing
thereof with the United States Securities and Exchange Commission and any other
authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in his
discretion.
The undersigned hereby grants to such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as such attorney-in-fact
might or could do if personally present, hereby ratifying and confirming all
that such attorney-in-fact shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted. The undersigned
acknowledges that the foregoing attorney-in-fact, in serving in such capacity at
the request of the undersigned, is not assuming any of the undersigned's
responsibilities to comply with Sections 13 or 16 of the Exchange Act.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 30th day of November 1994.
MERRILL LYNCH & CO., INC.
By /s/Barry S. Friedberg
-----------------------------------
Barry S. Friedberg
Executive Vice President
PAGE 38 OF 42 PAGES
<PAGE>
POWER OF ATTORNEY
TO PREPARE AND EXECUTE DOCUMENTS PURSUANT TO SECTIONS 13 AND 16
OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED,
AND RULES THEREUNDER, BY AND ON BEHALF OF
MERRILL LYNCH GROUP, INC.
KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and
appoints MARCIA L. TU its true and lawful attorney-in-fact to:
(1) to prepare and execute, for and on behalf of the undersigned, any and
all forms, schedules, reports and other documents relating to Merrill Lynch
Group, Inc.'s direct or indirect ownership of securities that are required to be
filed with the United States Securities and Exchange Commission pursuant to
Section 13 and 16 of the Securities Exchange Act of 1934, as amended, and the
rules thereunder (collectively, the "Exchange Act");
(2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to comply with the requirements of Sections
13 and 16 of the Exchange Act including, but not limited to, executing documents
required by said sections of the Exchange Act and effecting the timely filing
thereof with the United States Securities and Exchange Commission and any other
authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in his
discretion.
The undersigned hereby grants to such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as such attorney-in-fact
might or could do if personally present, hereby ratifying and confirming all
that such attorney-in-fact shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted. The undersigned
acknowledges that the foregoing attorney-in-fact, in serving in such capacity at
the request of the undersigned, is not assuming any of the undersigned's
responsibilities to comply with Sections 13 or 16 of the Exchange Act.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 8th day of December 1994.
MERRILL LYNCH GROUP, INC.
By: /s/Rosemary T. Berkery
-----------------------------------
Rosemary T. Berkery
Vice President
PAGE 39 OF 42 PAGES
<PAGE>
POWER OF ATTORNEY
TO PREPARE AND EXECUTE DOCUMENTS PURSUANT TO SECTIONS 13 AND 16
OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED,
AND RULES THEREUNDER, BY AND ON BEHALF OF
ML IBK POSITIONS, INC.
KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and
appoints MARCIA L. TU its true and lawfully attorney-in-fact to:
(1) to prepare and execute, for and on behalf of the undersigned, any and
all forms, schedules, reports and other documents relating to ML IBK Positions,
Inc.'s direct or indirect ownership of securities that are required to be filed
with the United States Securities and Exchange Commission pursuant to Section 13
and 16 of the Securities Exchange Act of 1934, as amended, and the rules
thereunder (collectively, the "Exchange Act");
(2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to comply with the requirements of Sections
13 and 16 of the Exchange Act including, but not limited to, executing documents
required by said sections of the Exchange Act and effecting the timely filing
thereof with the United States Securities and Exchange Commission and any other
authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in his
discretion.
The undersigned hereby grants to such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as such attorney-in-fact
might or could do if personally present, hereby ratifying and confirming all
that such attorney-in-fact shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted. The undersigned
acknowledges that the foregoing attorney-in-fact, in serving in such capacity at
the request of the undersigned, is not assuming any of the undersigned's
responsibilities to comply with Sections 13 or 16 of the Exchange Act.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 30th day of November 1994.
ML IBK POSITIONS, INC.
By: /s/James V. Caruso
----------------------------------
James V. Caruso
Vice President
PAGE 40 OF 42 PAGES
<PAGE>
POWER OF ATTORNEY
TO PREPARE AND EXECUTE DOCUMENTS PURSUANT TO SECTIONS 13 AND 16
OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED,
AND RULES THEREUNDER, BY AND ON BEHALF OF
KECALP INC.
KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and
appoints MARCIA L. TU its true and lawfully attorney-in-fact to:
(1) to prepare and execute, for and on behalf of the undersigned, any and
all forms, schedules, reports and other documents relating to KECALP Inc.'s
direct or indirect ownership of securities that are required to be filed with
the United States Securities and Exchange Commission pursuant to Section 13 and
16 of the Securities Exchange Act of 1934, as amended, and the rules thereunder
(collectively, the "Exchange Act");
(2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to comply with the requirements of Sections
13 and 16 of the Exchange Act including, but not limited to, executing documents
required by said sections of the Exchange Act and effecting the timely filing
thereof with the United States Securities and Exchange Commission and any other
authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in his
discretion.
The undersigned hereby grants to such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as such attorney-in-fact
might or could do if personally present, hereby ratifying and confirming all
that such attorney-in-fact shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted. The undersigned
acknowledges that the foregoing attorney-in-fact, in serving in such capacity at
the request of the undersigned, is not assuming any of the undersigned's
responsibilities to comply with Sections 13 or 16 of the Exchange Act.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 30th day of November 1994.
KECALP INC.
By: /s/James V. Caruso
----------------------------------
James V. Caruso
Vice President
PAGE 41 OF 42 PAGES
<PAGE>
POWER OF ATTORNEY
TO PREPARE AND EXECUTE DOCUMENTS PURSUANT TO SECTIONS 13 AND 16
OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED,
AND RULES THEREUNDER, BY AND ON BEHALF OF
MERRILL LYNCH MBP INC.
KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes and
appoints MARCIA L. TU its true and lawfully attorney-in-fact to:
(1) to prepare and execute, for and on behalf of the undersigned, any and
all forms, schedules, reports and other documents relating to Merrill Lynch MBP
Inc.'s direct or indirect ownership of securities that are required to be filed
with the United States Securities and Exchange Commission pursuant to Section 13
and 16 of the Securities Exchange Act of 1934, as amended, and the rules
thereunder (collectively, the "Exchange Act");
(2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to comply with the requirements of Sections
13 and 16 of the Exchange Act including, but not limited to, executing documents
required by said sections of the Exchange Act and effecting the timely filing
thereof with the United States Securities and Exchange Commission and any other
authority; and
(3) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in his
discretion.
The undersigned hereby grants to such attorney-in-fact full power and
authority to do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as such attorney-in-fact
might or could do if personally present, hereby ratifying and confirming all
that such attorney-in-fact shall lawfully do or cause to be done by virtue of
this power of attorney and the rights and powers herein granted. The undersigned
acknowledges that the foregoing attorney-in-fact, in serving in such capacity at
the request of the undersigned, is not assuming any of the undersigned's
responsibilities to comply with Sections 13 or 16 of the Exchange Act.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
be executed as of this 30th day of November 1994.
MERRILL LYNCH MBP INC.
By: /s/ James V. Caruso
----------------------------------
James V. Caruso
Vice President
PAGE 42 OF 42 PAGES
