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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Mentor Graphics Corp.
(Name of Issuer)
Common Stock
(Title Of Class of Securities)
587200106
(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).
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CUSIP NO. 587200106 13G Page 2 of 11 Pages
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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) / /
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3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
None
NUMBER OF -------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,403,213
OWNED -------------------------------------------------------
BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON WITH -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,403,213
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,403,213
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.5%
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12 TYPE OF REPORTING PERSON*
HC, CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 587200106 13G Page 3 of 11 Pages
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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
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5 SOLE VOTING POWER
None
NUMBER OF -------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,400,000
OWNED -------------------------------------------------------
BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON WITH -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,400,000
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,400,000
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.5%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC, CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 587200106 13G Page 4 of 11 Pages
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1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Princeton Services, Inc.
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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
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5 SOLE VOTING POWER
None
NUMBER OF -------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,400,000
OWNED -------------------------------------------------------
BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON WITH -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,400,000
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,400,000
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.5%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC, CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 587200106 13G Page 5 of 11 Pages
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1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch Asset Management, 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 4,400,000
OWNED -------------------------------------------------------
BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON WITH -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,400,000
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,400,000
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.5%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA, PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 587200106 13G Page 6 of 11 Pages
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1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Merrill Lynch Growth Fund for Investment and Retirement
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* Joint Filing
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
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5 SOLE VOTING POWER
None
NUMBER OF -------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 4,400,000
OWNED -------------------------------------------------------
BY EACH 7 SOLE DISPOSITIVE POWER
REPORTING None
PERSON WITH -------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,400,000
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,400,000
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.5%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IV, OO
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*SEE INSTRUCTION BEFORE FILLING OUT!
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SCHEDULE 13G
Item 1 (A) Name of Issuer:
Mentor Graphics Corp.
Item 1 (b) Address of Issuer's Principal Executive Offices:
8005 SW Boeckman Road
Wilsonville, Oregon 97070-7777
Item 2 (a) Names of Persons Filing:
Merrill Lynch & Co., Inc.
Merrill Lynch Group, Inc.
Princeton Services, Inc.
Merrill Lynch Asset Management, L.P.
Merrill Lynch Growth Fund for Investment & Retirement
Item 2 (b) Address of Principal Business Office, or, if None, Residence:
Merrill Lynch & Co., Inc.
World Financial Center, North Tower
250 Vesey Street
New York, New York 10281
Merrill Lynch Group, Inc.
World Financial Center, North Tower
250 Vesey Street
New York, New York 10281
Princeton Services, Inc.
800 Scudders Mill Road
Plainsboro, New Jersey 08536
Merrill Lynch Asset Management, L.P.
800 Scudders Mill Road
Plainsboro, New Jersey 08536
Merrill Lynch Growth Fund for Investment & Retirement
800 Scudders Mill Road
Plainsboro, New Jersey 08536
Item 2 (c) Citizenship:
See Item 4 of Cover Pages
Item 2 (d) Title of Class of Securities:
Common Stock
Page 7 of 11 Pages
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Item 2 (e) CUSIP Number:
587200106
Item 3
Merrill Lynch & Co., Inc. ("ML&Co."), Merrill Lynch Group, Inc. ("ML
Group") and Princeton Services, Inc. ("PSI") are parent holding companies, in
accordance with (S) 240.13d-1(b)(ii)(G). Merrill Lynch Asset Management, L.P.
(d/b/a Merrill Lynch Asset Management ("MLAM")) is an investment adviser
registered under (S) 203 of the Investment Advisers Act of 1940. Merrill Lynch
Growth Fund for Investment & Retirement (the "Fund") is an investment company
registered under Section 8 of the Investment Company Act of 1940.
Item 4 Ownership
(a) Amount Beneficially Owned:
See Item 9 of Cover Pages. Pursuant to (S) 240.13d-4, ML&Co., ML
Group, PSI, MLAM and the Fund (the "Reporting Persons") disclaim beneficial
ownership of the securities of Mentor Graphics Corp. 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 Mentor Graphics Corp. covered by this statement, other than
certain securities of Mentor Graphics Corp. held in MLPF&S proprietary accounts.
(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 the disposition of:
See Item 8 of Cover Pages
Item 5 Ownership of Five Percent or Less of a Class.
Not Applicable
Page 8 of 11 Pages
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Item 6 Ownership of More than Five Percent on Behalf of Another Person.
MLAM is an investment adviser registered under Section 203 of the
Investment Advisers Act of 1940 and acts as an investment adviser to investment
companies registered under Section 8 of the Investment Company Act of 1940.
With respect to securities held by those investment companies, several persons
have the right to receive, or the power to direct the receipt of dividends from,
or the proceeds from the sale of, such securities. Merrill Lynch Growth Fund
for Investment & Retirement, a reporting person on this Schedule 13G for which
MLAM serves as investment adviser, has an interest that relates to more than 5%
of the class of securities reported herein. No other person has an interest
that relates to more than 5% of the class of securities reported herein.
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.
Not Applicable
Item 9 Notice of Dissolution of Group.
Not Applicable
Item 10 Certification.
By signing below each of the undersigned certifies that, to the best
of their 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.
Signature.
After reasonable inquiry and to the best of my knowledge and belief,
each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: February 14, 1994 Merrill Lynch & Co., Inc.
/s/ David L. Dick
--------------------------------
Name: David L. Dick
Title: Assistant Secretary
Page 9 of 11 Pages
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Merrill Lynch Group, Inc.
/s/ David L. Dick
--------------------------------
Name: David L. Dick
Title: Secretary
Princeton Services, Inc.
/s/ David L. Dick
--------------------------------
Name: David L. Dick
Title: Attorney-in-Fact*
Merrill Lynch Asset Management, L.P.
By: Princeton Services, Inc.
(General Partner)
/s/ David L. Dick
--------------------------------
Name: David L. Dick
Title: Attorney-in-Fact*
Merrill Lynch Growth Fund for
Investment and Retirement
/s/ David L. Dick
--------------------------------
Name: David L. Dick
Title: Attorney-in-Fact**
________________
* Signed pursuant to a power of attorney, dated February 10, 1994, included as
an exhibit to Schedule 13G filed with the Securities and Exchange Commission by
Merrill Lynch & Co., Inc., et. al. on February 14, 1994 with respect to Dial
REIT Inc.
** Signed pursuant to a power of attorney, dated February 10, 1994, included as
an exhibit to Schedule 13G filed with the Securities and Exchange Commission by
Merrill Lynch & Co., Inc., et. al. on February 14, 1994 with respect to Cirrus
Logic Inc.
Page 10 of 11 Pages
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EXHIBIT A TO SCHEDULE 13G
ITEM 7 DISCLOSURE RESPECTING SUBSIDIARIES
Three of the persons filing this report, Merrill Lynch & Co., Inc., a
Delaware corporation with its principal place of business at World Financial
Center, North Tower, 250 Vesey Street, New York, New York ("ML&Co."), Merrill
Lynch Group, Inc., a Delaware corporation with its principal place of business
at World Financial Center, North Tower, 250 Vesey Street, New York, New York
("ML Group"), and Princeton Services, Inc., ("PSI") a Delaware corporation with
its principal place of business at 800 Scudders Mill Road, Plainsboro, New
Jersey, are parent holding companies pursuant to Rule 13d-1(b)(1)(ii)(G). The
relevant subsidiaries of ML&Co. are Merrill Lynch, Pierce, Fenner & Smith
Incorporated ("MLPF&S"), ML Group and PSI, which is the general
partner of Merrill Lynch Asset Management L.P., (d/b/a Merrill Lynch Asset
Management ("MLAM"). The relevant subsidiary of ML Group is PSI.
MLPF&S is a wholly-owned subsidiary of ML&Co. and a broker-dealer
registered pursuant to the Securities Exchange Act of 1934. MLPF&S may be
deemed the beneficial owner of certain shares of Mentor Graphics Corp. as a
result of acting as a sponsor of investment trusts, none owns more than 5% of
the class of securities reported herein. In addition, ML&Co. may be deemed to
be the beneficial owner of certain shares of Mentor Graphics Corp. held in
certain trading accounts by MLPF&S.
ML Group, a wholly-owned direct subsidiary of ML&Co., may be deemed to
be the beneficial owner of 9.5% of the securities of Mentor Graphics Corp. by
virtue of its wholly-owned subsidiary, PSI.
PSI, a wholly-owned direct subsidiary of ML Group, may be deemed to be
the beneficial owner of 9.5% of the securities of Mentor Graphics Corp. by
virtue of its being the general partner of MLAM.
MLAM, a Delaware limited partnership with its principal place of
business at 800 Scudders Mill Road, Plainsboro, New Jersey, is an investment
adviser registered under Section 203 of the Investment Advisers Act of 1940.
MLAM may be deemed to be the beneficial owner of 9.5% of the common stock
outstanding of Mentor Graphics Corp. as a result of its acting as investment
adviser to investment companies registered under Section 8 of the Investment
Company Act of 1940.
One registered investment company advised by MLAM, Merril Lynch Growth
Fund for Investment & Retirement (the "Fund"), is the beneficial owner of 9.5%
of the securities of Mentor Graphics Corp.
Pursuant to (S) 240.13d-4, ML&Co., ML Group, MLPF&S, PSI, MLAM, and
the Fund disclaim beneficial ownership of the securities of the Company, and
the filing of this Schedule 13G shall not be construed as an admission that any
such entity is for the purposes of Section 13(d) or 13(g) of the Act, the
beneficial owner of any securities of the Company, other than, in the case of
ML & Co. and MLPF&S, Securities of the Company held by MLPF&S in proprietary
accounts.
Page 11 of 11 Pages
