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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
(AMENDMENT NO.7)
LABORATORY CORPORATION OF AMERICA HOLDINGS
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(Name of Issuer)
Common Stock, par value $0.01 per share
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(Title of Class of Securities)
50540R 10 2
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(CUSIP Number)
(CONTINUED ON FOLLOWING PAGE(S))
Page 1 of 7
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13G
CUSIP NO. 50540R 10 2 Page 2 of 7
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
MAFCO HOLDINGS INC.
2. CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OR ORGANIZATION
DELAWARE
NUMBER 5. SOLE VOTING POWER
OF SHARES -0-
BENEFICIALLY 6. SHARED VOTING POWER
14,527,244
OWNED BY
7. SOLE DISPOSITIVE POWER
EACH
-0-
REPORTING
8. SHARED DISPOSITIVE POWER
PERSON WITH
14,527,244
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,527,244
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.8%
12. TYPE OF REPORTING PERSON
CO
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13G
CUSIP NO. 50540R 10 2 Page 3 of 7
1. NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
NATIONAL HEALTH CARE GROUP, INC.
2. CHECK THE APPROPRIATE BOX IF MEMBER OF A GROUP (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OR ORGANIZATION
DELAWARE
NUMBER 5. SOLE VOTING POWER
OF SHARES -0-
BENEFICIALLY 6. SHARED VOTING POWER
14,527,244
OWNED BY
7. SOLE DISPOSITIVE POWER
EACH
-0-
REPORTING
8. SHARED DISPOSITIVE POWER
PERSON WITH
14,527,244
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,527,244
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.8%
12. TYPE OF REPORTING PERSON
CO
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13G
CUSIP NO. 50540R 10 2 Page 4 of 7
Item 1(a): Name of Issuer.
LABORATORY CORPORATION OF AMERICA HOLDINGS (the
"Company")
Item 1(b): Address of Issuer's Principal Executive Offices.
358 South Main Street
Burlington, North Carolina 27215
Item 2(a): Name of Persons Filing.
National Health Care Group, Inc. ("National Health") is an
indirect wholly-owned subsidiary of Mafco Holdings Inc.
("Mafco"). All of the capital stock of Mafco is owned by
Ronald O. Perelman.
Item 2(b): Address of Principal Business Office.
The principal business offices of National Health
are located at 5900 North Andrews Avenue, Fort
Lauderdale, Florida 33309. The principal business
offices of Mafco are located at 35 East 62nd
Street, New York, New York 10021.
Item 2(c): Citizenship.
National Health and Mafco each are Delaware corporations.
Item 2(d): Title of Class of Securities.
Common Stock, par value $.01 per share (the "Shares").
Item 2(e): CUSIP Number.
50540R 10 2
Item 3: Not Applicable
Item 4: Ownership.
National Health owns 14,527,244 Shares, which represented
approximately 11.8% of the total number of Shares
outstanding on December 31,
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13G
CUSIP NO. 50540R 10 2 Page 5 of 7
1996. Mafco may be deemed to beneficially own the Shares
owned by National Health. Ronald O. Perelman owns all of the
capital stock of Mafco.
(a) Amount Beneficially Owned:
14,527,244 Shares
(b) Percent of Class:
Approximately 11.8% based upon 122,926,950
Shares outstanding on December 31, 1996.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct
the vote..................................-0-
(ii) Shared power to vote or to direct
the vote...........................14,527,244
(iii) Sole power to dispose or to direct the
disposition of............................-0-
(iv) Shared power to dispose or to direct
the disposition of.................14,527,244
In addition, National Health owns warrants to
purchase 3,290,421 Shares at $22.00 (subject to
adjustment). Such warrants are exercisable on April
28, 2000.
Item 5: Owner of Five Percent or Less of a Class.
Not Applicable
Item 6: Ownership of More than Five Percent on Behalf of Another
Person.
At December 31, 1996, all of the Shares owned were
pledged to secure obligations.
Item 7: Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent
Holding Company.
Not Applicable
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13G
CUSIP NO. 50540R 10 2 Page 6 of 7
Item 8: Identification and Classification of Members of the Group.
Not Applicable
Item 9: Notice of Dissolution of Group.
Not Applicable
Item 10: Certification.
Not Applicable
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13G
CUSIP NO. 50540R 10 2 Page 7 of 7
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.
Dated: February , 1997
NATIONAL HEALTH CARE GROUP, INC.
By: /s/ Glenn P. Dickes
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Name: Glenn P. Dickes
Title: Vice President
MAFCO HOLDINGS INC.
By: /s/ Glenn P. Dickes
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Name: Glenn P. Dickes
Title: Senior Vice President
