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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 8)
The Neiman Marcus Group, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
640204 10 3
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(CUSIP Number)
Eric P. Geller, Esq.
Harcourt General, Inc.
27 Boylston St.
Chestnut Hill, MA 02167
(617) 232-8200
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 8, 1995
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(Date of Event Which Requires Filing of this Amendment)
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 [ ].
Check the following box if a fee is being paid with this statement [ ].
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CUSIP No. 640204 10 3 13D
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(1) NAMES OF REPORTING PERSONS/S.S. OR I.R.S. IDENTIFICATION
NOS. OF ABOVE PERSONS
Harcourt General, Inc. (formerly, General Cinema Corporation)
I.D. No. 04-1619609
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(2) CHECK THE APPROPRIATE ROW IF A MEMBER OF A GROUP:
(a)
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(b)
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(3) SEC USE ONLY
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(4) SOURCE OF FUNDS (See Instructions)
00
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(5) CHECK ROW IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
--------------------
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(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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: (7) SOLE VOTING POWER
: 22,272,360
:
: ---------------------------------------------
NUMBER OF : (8) SHARED VOTING POWER
SHARES : 0
BENEFICIALLY :
OWNED BY : ---------------------------------------------
EACH : (9) SOLE DISPOSITIVE POWER
REPORTING : 22,272,360
PERSON :
WITH : ---------------------------------------------
: (10) SHARED DISPOSITIVE POWER
: 0
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
22,272,360
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(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
---------------------------
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
58.6%
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(14) TYPE OF REPORTING PERSON (See Instructions)
CO
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Item 1. Security and Issuer
-------------------
This Amendment No. 8 to Schedule 13D is being filed on behalf of Harcourt
General, Inc. ("Harcourt General"), which was formerly known as General Cinema
Corporation, to amend the Schedule 13D originally filed on September 8, 1987
(as amended from time to time, the "Statement") to report the acquisition of
additional shares of NMG Common Stock by Harcourt General. Unless stated
otherwise, capitalized terms used in this Amendment have the meanings
previously set forth in the Statement.
On November 8, 1995, a subsidiary of Harcourt General purchased an
aggregate of 831,400 shares of NMG Common Stock from certain institutional
investors in a privately negotiated transaction at a price of $18.75 per share,
for an aggregate purchase price of $15,588,750. With the acquisition of these
shares, Harcourt General owns 22,272,360 shares of the NMG Common Stock, or
58.6% of the shares of NMG Common Stock outstanding as of November 6, 1995.
See Exhibit 1 attached hereto and incorporated herein by reference.
Item 3. Source and Amount of Funds or Other Consideration
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Harcourt General's subsidiary which made the purchase used available cash
to acquire the purchased shares.
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Item 4. Purpose of Transaction
----------------------
Although Harcourt General has no plan to purchase any additional shares of
NMG Common Stock, it may, from time to time, purchase additional shares
depending upon market conditions and such other factors as Harcourt General
deems relevant.
Item 5. Interest in Securities of the Issuer.
-------------------------------------
After giving effect to the purchase of the purchased shares, as of the
date of this Amendment, Harcourt General owns 22,272,360 shares of NMG Common
Stock, or 58.6% of the outstanding shares of NMG Common Stock, and all
1,000,000 outstanding shares of NMG 6% Cumulative Convertible Preferred Stock.
If Harcourt General were to convert all of its NMG 6% Cumulative Convertible
Preferred Stock into shares of NMG Common Stock, its total holdings of NMG
Common Stock would equal approximately 31,262,360 shares, or approximately
66.5% of the outstanding NMG Common Stock. Harcourt General's holdings of NMG
Common Stock and Preferred Stock comprise approximately 67.3% of the voting
power of NMG.
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SIGNATURE
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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.
HARCOURT GENERAL, INC.
By: /s/ ERIC P. GELLER
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Eric P. Geller
Senior Vice President,
General Counsel and
Secretary
Date: November 8, 1995
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<TABLE>
EXHIBITS
<CAPTION>
No. Page
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<S> <C> <C>
1 Press Release dated November 8, 1995. 5
</TABLE>
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[HARCOURT GENERAL LOGO]
Harcourt General Inc.
27 Boylston Street, Chestnut Hill, MA 02167
Tel 617 232 8200
Peter Farwell
Contact Vice President News Release
Corporate Relations
(617) 232-8200 FOR IMMEDIATE RELEASE
HARCOURT GENERAL RAISES STAKE IN THE NEIMAN MARCUS GROUP
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CHESTNUT HILL, MA, November 8, 1995 -- Harcourt General, Inc. (NYSE:H)
announced today that it has purchased 831,400 shares of common stock in The
Neiman Marcus Group (NYSE:NMG) in a privately negotiated transaction at a total
purchase price of $15,588,750, or $18.75 per share.
The purchase raises Harcourt General's holdings in The Neiman Marcus
Group to 22,272,360 common shares, equal to 58.6% of that company's outstanding
shares. Harcourt General also holds preferred stock in The Neiman Marcus Group
which is convertible into an additional 8,990,000 common shares, which would
give Harcourt General 66.5% ownership on a fully-converted basis.
Robert J. Tarr, Jr., president and chief executive officer of Harcourt
General, said, "Although Harcourt General has no plan to purchase any
additional shares of NMG common stock, it may, from time to time, purchase
additional shares depending upon market conditions and such other factors as
Harcourt General deems relevant."
Harcourt General, Inc. is a growth-oriented operating company with core
businesses in publishing, specialty retailing and professional services.
###
