<PAGE>
SC 14D1/A
Tender Offer Statement
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------------------------
SCHEDULE 14D-1
TENDER OFFER STATEMENT
(Pursuant to Section 14(d)(1) of the Securities Exchange Act of 1934)
(Amendment No. 3)
and
Amendment No. 8**
to
SCHEDULE 13D
MOUNTASIA ENTERTAINMENT INTERNATIONAL, INC.
(Name of Subject Company)
MEI HOLDINGS, L.P.
(Bidder)
9% Convertible Debentures Due November 1, 1999,
9.1% Convertible Debentures Due January 1, 2002
and
Common Stock
(Titles of Classes of Securities)
624547105
------------------------------------
(CUSIP Number of Class of Common Stock)
----------------------------
------------------
Daniel A. Decker, Esq.
MEI Holdings, L.P.
4200 Texas Commerce Tower West, 2200 Ross Avenue
Dallas, Texas 75201
(214) 229-4900
(Name, Address and Telephone Number of Persons Authorized to Receive Notices and
Communications on Behalf of the Persons Filing Statement)
Copies to:
Robert A. Profusek, Esq.
Jones, Day, Reavis & Pogue
599 Lexington Avenue
New York, New York 10022
(212) 326-3939
November 14, 1996
(Date Tender Offers First Published, Sent or Given to Security Holders)
This statement is filed in connection with
a tender offer.
- ----------
** This Schedule constitutes Amendment No. 8 to the Schedule 13D originally
filed by MEI Holdings, L.P. and certain of its affiliates on June 17, 1996.
<PAGE>
=============================== =================================
CUSIP No. 624547105 14D-1 Page 2 of ___ Pages
---------
=============================== =================================
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MEI Holdings, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
00
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) or 2(f) |_|
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,534,405(1)
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
68.5%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------
(1) 5,306,986 of such shares are subject to certain limitations on voting
described in Item 6. Does not reflect certain rights, the exercise of
which is outside the Reporting Persons' control, or obligations to
acquire additional shares described in Item 6.
<PAGE>
=============================== =================================
CUSIP No. 624547105 14D-1 Page 3 of ___ Pages
---------
=============================== =================================
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MEI GenPar, L.P.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) or 2(f) |_|
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,534,405(1)
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
68.5%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------
(1) 5,306,986 of such shares are subject to certain limitations on voting
described in Item 6. Does not reflect certain rights, the exercise of
which is outside the Reporting Persons' control, or obligations to
acquire additional shares described in Item 6.
<PAGE>
=============================== =================================
CUSIP No. 624547105 14D-1 Page 4 of ___ Pages
---------
=============================== =================================
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HH GenPar Partners
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) or 2(f) |_|
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,534,405(1)
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
68.5%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
PN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------
(1) 5,306,986 of such shares are subject to certain limitations on voting
described in Item 6. Does not reflect certain rights, the exercise of
which is outside the Reporting Persons' control, or obligations to
acquire additional shares described in Item 6.
<PAGE>
=============================== =================================
CUSIP No. 624547105 14D-1 Page 5 of ___ Pages
---------
=============================== =================================
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hampstead Associates, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) or 2(f) |_|
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,534,405(1)
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
68.5%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------
(1) 5,306,986 of such shares are subject to certain limitations on voting
described in Item 6. Does not reflect certain rights, the exercise of
which is outside the Reporting Persons' control, or obligations to
acquire additional shares described in Item 6.
<PAGE>
=============================== =================================
CUSIP No. 624547105 14D-1 Page 6 of ___ Pages
---------
=============================== =================================
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RAW GenPar, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) or 2(f) |_|
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,534,405(1)
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
68.5%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------
(1) 5,306,986 of such shares are subject to certain limitations on voting
described in Item 6. Does not reflect certain rights, the exercise of
which is outside the Reporting Persons' control, or obligations to
acquire additional shares described in Item 6.
<PAGE>
=============================== =================================
CUSIP No. 624547105 14D-1 Page 7 of ___ Pages
---------
=============================== =================================
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
InMed, Inc. d/b/a Incap, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) or 2(f) |_|
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Texas
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,534,405(1)
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
68.5%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
CO
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------
(1) 5,306,986 of such shares are subject to certain limitations on voting
described in Item 6. Does not reflect certain rights, the exercise of
which is outside the Reporting Persons' control, or obligations to
acquire additional shares described in Item 6.
<PAGE>
=============================== =================================
CUSIP No. 624547105 14D-1 Page 8 of ___ Pages
---------
=============================== =================================
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Donald J. McNamara
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) or 2(f) |_|
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,534,405(1)
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
68.5%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------
(1) 5,306,986 of such shares are subject to certain limitations on voting
described in Item 6. Does not reflect certain rights, the exercise of
which is outside the Reporting Persons' control, or obligations to
acquire additional shares described in Item 6.
<PAGE>
=============================== =================================
CUSIP No. 624547105 14D-1 Page 9 of ___ Pages
---------
=============================== =================================
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Robert A. Whitman
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) or 2(f) |_|
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,534,405(1)
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
68.5%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------
(1) 5,306,986 of such shares are subject to certain limitations on voting
described in Item 6. Does not reflect certain rights, the exercise of
which is outside the Reporting Persons' control, or obligations to
acquire additional shares described in Item 6.
<PAGE>
=============================== =================================
CUSIP No. 624547105 14D-1 Page 10 of ___ Pages
---------
=============================== =================================
================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Daniel A. Decker
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
OO
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(e) or 2(f) |_|
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OR ORGANIZATION
United States
- --------------------------------------------------------------------------------
7 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,534,405(1)
- --------------------------------------------------------------------------------
8 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN
SHARES* |_|
- --------------------------------------------------------------------------------
9 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)
68.5%
- --------------------------------------------------------------------------------
10 TYPE OF REPORTING PERSON
IN
================================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
- ----------
(1) 5,306,986 of such shares are subject to certain limitations on voting
described in Item 6. Does not reflect certain rights, the exercise of
which is outside the Reporting Persons' control, or obligations to
acquire additional shares described in Item 6.
<PAGE>
This Amendment No. 3 amends the Schedule 14D-1 Transaction Statement and
Schedule 13D, as previously amended (the "Statement"), relating to a tender
offer by MEI Holdings, L.P., a Delaware limited partnership (the "Purchaser"),
to purchase (i) any and all of the outstanding shares of Common Stock (the
"Shares") of Mountasia Entertainment International, Inc. (the "Company") not
now beneficially owned by the Purchaser at $3.50 per Share, net to the seller
in cash, (ii) any and all of the outstanding 9% Subordinated Convertible
Debentures Due November 1, 1999 of the Company at par plus accrued and unpaid
interest to the date of acceptance for payment, net to the seller in
cash, and (iii) all outstanding 9.1% Subordinated Convertible Debentures Due
January 1, 2002 of the Company at par plus accrued and unpaid interest to date
of acceptance for payment, net to the seller in cash, on the terms and subject
to the conditions set forth in the Purchaser's Offer To Purchase, dated November
14, 1996, as supplemented and amended (the "Offer To Purchase"), and the
related Letters of Transmittal (which together constitute the "Offers").
Terms used herein which are defined in the Statement or the Offer To Purchase
are used herein as so defined.
Item 6. Interest in Securities of the Company.
Item 6 of the Schedule 14D-1 is hereby supplemented and amended by
adding the following:
(a)-(b) The Offers expired at 12:00 midnight, New York City time
on January 14, 1997. On January 15, 1997, the Purchaser purchased all Shares,
9% Debentures and 9.1% Debentures of the Company validly tendered pursuant to
the Offers and not withdrawn prior to the Expiration Date. On January 15,
1997, the Purchaser issued a press release (the "Press Release") in which it
announced the expiration of the Offers and the results thereof. A copy of
the Press Release is filed as Exhibit (a)(10) hereto and is incorporated
herein by reference. According to the Depositary, the Purchaser purchased
pursuant to the Offers 7,806,435 Shares, $4,249,000 aggregate principal
amount of 9% Debentures, and $11,422,322 aggregate principal amount of 9.1%
Debentures. Giving effect to the foregoing transactions and assuming the
conversion of the 9% and the 9.1% Debentures pursuant to the Offers, the
Purchaser owns the following securities of the Company (the number of
conversion Shares in (iii) and (iv) below are estimates):
(i) 11,727,970 Shares purchased pursuant to the Investment
Agreement (the "Initial Investment Shares");
(ii) 7,806,435 Shares purchased in the Tender Offers (the "Tender
Offer Shares");
(iii) 446,489 Shares of Series F Stock, which, if Shareholder
Approval were obtained, would be convertible into 4,464,890 Shares; and
(iv) 203,256 Shares of Series G Stock, which, if Shareholder
Approval were obtained, would be convertible into 2,032,560 Shares.
In addition, (i) the Purchaser has the right to acquire a presently
undetermined number of additional Shares pursuant to the Post-Closing
Adjustment Provisions and the Warrant, (ii) the Purchaser is obligated to
invest an additional $22.7 million into the Company for additional Series F
Stock (which, if Shareholder Approval were obtained, would be convertible
into between 9.0 and 9.7 million Shares), and (iii) the Purchaser may in the
future become obligated to invest up to an additional $30.0 million in the
Company. See "The Recapitalization Agreements--Company Call Option and
Purchaser Option" and "The Recapitalization Agreements--Certain Rights
Offerings" in the Offer To Purchase. The numbers of Shares issuable upon
conversion of the Series F Stock and Series G Stock are estimates and cannot
be definitely calculated at this time. See "Special Factors--Redemption
Agreement" and "The Recapitalization Agreements--Company Call Option and
Purchaser Option" in the Offer To Purchase.
The Initial Investment Shares and the Tender Offer Shares, taken
together, constitute 68.5% of the total number of outstanding Shares as of
December 31, 1996; 5,306,986 of the Tender Offer Shares are subject
to the voting restrictions described in the Offer To Purchase under the caption
"Introduction." Pursuant to the Purchaser's agreement to convert the 9%
Debentures and 9.1% Debentures purchased in the Offers into Series F Stock
described in the Offer To Purchase, the Purchaser will acquire 446,489 shares
of Series F Stock which will be convertible into 4,464,890 Shares upon
Shareholder Approval of such conversion and in certain other circumstances.
Prior to such Shareholder Approval, the equity securities beneficially owned by
the Purchaser following the completion of the Offers represent 49.9% of the
total outstanding ordinary voting power of the Company. The number of Shares and
Debentures accepted for payment is based on a preliminary count and includes
Shares and Debentures subject to guaranteed delivery procedures.
Item 11. Material to be Filed as Exhibits.
99.(a)(10) Text of Press Release issued by the Purchaser, dated
January 15, 1997
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement may be
filed collectively on behalf of it and each of MEI GenPar, L.P., HH GenPar
Partners, Hampstead Associates, Inc., RAW GenPar, Inc., InMed, Inc., Donald J.
McNamara, Robert A. Whitman and Daniel A. Decker.
Dated: January 16, 1997
MEI HOLDINGS, L.P.
By: MEI GenPar, L.P.
Its General Partner
By: HH GenPar Partners
Its General Partner
By: Hampstead Associates, Inc.
Its Managing General Partner
By: /s/ Daniel A. Decker
-----------------------------------------
Daniel A. Decker
Executive Vice President
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement may be
filed collectively on behalf of it and each of MEI Holdings, L.P., HH GenPar
Partners, Hampstead Associates, Inc., RAW GenPar, Inc., InMed, Inc., Donald J.
McNamara, Robert A. Whitman and Daniel A. Decker.
Dated: January 16, 1997
MEI GENPAR, L.P.
By: HH GenPar Partners
Its General Partner
By: Hampstead Associates, Inc.
Its Managing General Partner
By: /s/ Daniel A. Decker
--------------------------------------------
Daniel A. Decker
Executive Vice President
<PAGE>
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement may be
filed collectively on behalf of it and each of MEI Holdings, L.P., MEI GenPar,
L.P., Hampstead Associates, Inc., RAW GenPar, Inc., InMed, Inc., Donald J.
McNamara, Robert A. Whitman and Daniel A. Decker.
Dated: January 16, 1997
HH GENPAR PARTNERS
By: Hampstead Associates, Inc.
Its Managing General Partner
By: /s/ Daniel A. Decker
-------------------------------------------------
Daniel A. Decker
Executive Vice President
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement may be
filed collectively on behalf of it and each of MEI Holdings, L.P., MEI GenPar,
L.P., HH GenPar Partners, RAW GenPar, Inc., InMed, Inc., Donald J. McNamara,
Robert A. Whitman and Daniel A. Decker.
Dated: January 16, 1997
HAMPSTEAD ASSOCIATES, INC.
By: /s/ Daniel A. Decker
--------------------------------------------------
Daniel A. Decker
Executive Vice President
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement may be
filed collectively on behalf of it and each of MEI Holdings, L.P., MEI GenPar,
L.P., HH GenPar Partners, Hampstead Associates, Inc., InMed, Inc., Donald J.
McNamara, Robert A. Whitman and Daniel A. Decker.
Dated: January 16, 1997
RAW GENPAR, INC.
By: /s/ Robert A. Whitman
--------------------------------------------------
Robert A. Whitman
President
<PAGE>
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement may be
filed collectively on behalf of it and each of MEI Holdings, L.P., MEI GenPar,
L.P., HH GenPar Partners, Hampstead Associates, Inc., RAW GenPar, Inc., Donald
J. McNamara, Robert A. Whitman and Daniel A. Decker.
Dated: January 16, 1997
INMED, INC.
By: /s/ Daniel A. Decker
--------------------------------------------------
Daniel A. Decker
President
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement may be
filed collectively on behalf of it and each of MEI Holdings, L.P., MEI GenPar,
L.P., HH GenPar Partners, Hampstead Associates, Inc., RAW GenPar, Inc., InMed,
Inc., Robert A. Whitman and Daniel A. Decker.
Dated: January 16, 1997
By: /s/ Donald J. McNamara
-------------------------------------------------
Donald J. McNamara
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement may be
filed collectively on behalf of it and each of MEI Holdings, L.P., MEI GenPar,
L.P., HH GenPar Partners, Hampstead Associates, Inc., RAW GenPar, Inc., InMed,
Inc., Donald J. McNamara and Daniel A. Decker.
Dated: January 16, 1997
By: /s/ Robert A. Whitman
--------------------------------------------------
Robert A. Whitman
After reasonable inquiry and to the best of
its knowledge and belief, the undersigned certifies that the information set
forth in this statement may be filed collectively on behalf of it and each of
MEI Holdings, L.P., MEI GenPar, L.P., HH GenPar Partners, Hampstead Associates,
Inc., RAW GenPar, Inc., InMed, Inc., Donald J. McNamara and Robert A. Whitman.
Dated: January 16, 1997
By: /s/ Daniel A. Decker
--------------------------------------------------
Daniel A. Decker
<PAGE>
INDEX TO EXHIBITS
Exhibits
99.(a)(10) Text of Press Release issued by the Purchaser on
January 16, 1997........................................
<PAGE>
Ex-99.(a)(10)
CONTACT
- -------
Joseph Doherty
MacKenzie Partners, Inc.
(212) 929-5500
MOUNTASIA TENDER OFFERS COMPLETED
NEW YORK, NEW YORK, January 15, 1997. MEI Holdings, L.P., the largest
shareholder of Mountasia Entertainment International, Inc. (AMEX: MBE),
announced today that it had completed its previously announced tender offers
for Common Stock and two series of convertible debentures of Mountasia at $3.50
per share of Common Stock and par plus accrued interest for the debentures.
Based on a preliminary count by the depositary for the tender offers, MEI
Holdings purchased in the tender offers 7.5 million shares of Mountasia Common
Stock and $15.1 million aggregate principal amount of convertible debentures.
Unless and until shareholders approve conversion of the debentures and certain
other Mountasia equity securities held by MEI Holdings, the shares of Common
Stock purchased in the tender offer are subject to certain voting restrictions
or, in the case of the debentures, are convertible into non-voting equity
securities. Assuming such shareholder approval and therefore treating all the
Common Stock equivalents, and assuming (i) the conversion of all debentures
purchased in the tender offers at $3.50 per share, (ii) the completion of the
previously announced capital call by Mountasia on MEI Holdings for $22.7
million of additional capital at MEI Holdings' average per share investment
price for its initial investment last year, and (iii) the assumed issuance of
2.0 million of additional shares to MEI Holdings under the post-closing
adjustment provisions of the investment agreement entered into by MEI Holdings
and Mountasia last year, MEI Holdings would beneficially own 81.0% of
Mountasia's outstanding Common Stock. Prior to such shareholder approval, these
equity securities represent 49.9% of the presently total outstanding ordinary
voting power of Mountasia.
***
