UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
Dickstein, Mark
c/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
2. Date of Event Requiring Statement (Month/Day/Year)
10/01/98
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Marvel Enterprises, Inc. -- MVL
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X)/2/ Director (X)/2/ 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
6. If Amendment, Date of Original (Month/Day/Year)
7. Individual or Joint/Group Filing (Check Applicable Line)
( ) Form filed by One Reporting Person
(X)/1/ Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
Table I -- Non-Derivative Securities Beneficially Owned |
___________________________________________________________________________________________________________________________________|
1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect |
| Securities | Form: | Beneficial Ownership |
| Beneficially | Direct(D) or | |
| Owned | Indirect(I) | |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C>
Common Stock, $.01 par value (the "Common | 47,500 | D/3/ | |
Stock")/3/ | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| 2,267,616 | I | /1/ /4/ |
- -----------------------------------------------------------------------------------------------------------------------------------|
| 1,458,029 | D/5/ | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| 195,620 | D/6/ | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| 613,967 | D/7/ | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| 1,653,649 | I/8/ | /1/ /8/ |
- -----------------------------------------------------------------------------------------------------------------------------------|
| 2,267,616 | I/9/ | /1/ /9/ |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
Table II -- Derivative Securitites Beneficially Owned |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Date Exer- |3.Title and Amount of Underlying |4. Conver-|5. Owner- |6. Nature of Indirect |
Security | cisable and | Securities |sion or |ship | Beneficial Ownership |
| Expiration | Underlying Derivative Security |exercise |Form of | |
| Date(Month/ |---------------------------------|price of |Deriv- | |
| Day/Year) | | Amount |deri- |ative | |
| Date | Expira- | | or |vative |Security: | |
| Exer- | tion | Title | Number of |Security |Direct(D) or | |
| cisable | Date | | Shares | |Indirect(I) | |
___________________________________________________________________________________________________________________________________|
<S> <C> <C> <C> <C> <C> <C> <C>
8% Cumulative Converti- |Immediate| N/A | Common Stock | 3,468,062 | /14/ | I | /1/ /4/ |
ble Exchangeable Pre- | | | | | | | |
ferred Stock, $.01 par | | | | | | | |
value ("the Preferred | | | | | | | |
Stock")/3/ | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | 2,419,609 | | D/5/ | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | 232,577 | | D/6/ | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | 805,876 | | D/7/ | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | 2,652,186 | | I/8/ | /1/ /8/ |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | 3,458,062 | | I/9/ | /1/ /9/ |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | 10,000 | | D/10/ | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | 140,000 | | D/11/ | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | 60,000 | | I/12/ | /1/ /12/ |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | 50,000 | | D/13/ | |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
See Attached Pages
SIGNATURE OF REPORTING PERSON
/s/ Mark Dickstein
- ------------------
NAME: Mark Dickstein
DATE: October 1, 1998
<PAGE>
Joint Filer Information
Name: Dickstein & Co., L.P.
Address: 660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Date of Event
Requiring Statement: 10/1/98
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN & CO., L.P.
By: Alan S. Cooper, as Vice President of
Dickstein Partners Inc., the general partner of
Dickstein Partners, L.P., the general partner of
Dickstein & Co., L.P.
By: /s/ Alan S. Cooper
----------------------
Name: Alan S. Cooper
PAGE 3 of 13
<PAGE>
Joint Filer Information
Name: Dickstein Focus Fund L.P.
Address: 660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Date of Event
Requiring Statement: 10/1/98
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN FOCUS FUND L.P.
By: Alan S. Cooper, as Vice President of
Dickstein Partners Inc., the general partner of
Dickstein Partners, L.P., the general partner of
Dickstein Focus Fund L.P.
By: /s/ Alan S. Cooper
----------------------
Name: Alan S. Cooper
PAGE 4 of 13
<PAGE>
Joint Filer Information
Name: Dickstein International Limited
Address: 129 Front Street
Hamilton HM 12, Bermuda
Designated Filer: Mark Dickstein
Date of Event
Requiring Statement: 10/1/98
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN INTERNATIONAL LIMITED
By: Alan S. Cooper, as Vice President of
Dickstein Partners Inc., the agent of
Dickstein International Limited
By: /s/ Alan S. Cooper
--------------------
Name: Alan S. Cooper
PAGE 5 of 13
<PAGE>
Joint Filer Information
Name: Dickstein Partners, L.P.
Address: 660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Date of Event
Requiring Statement: 10/1/98
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN PARTNERS, L.P.
By: Alan S. Cooper, as Vice President of
Dickstein Partners Inc., the general partner of
Dickstein Partners, L.P.
By: /s/ Alan S. Cooper
--------------------
Name: Alan S. Cooper
PAGE 6 of 13
<PAGE>
Joint Filer Information
Name: Dickstein Partners Inc.
Address: 660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Date of Event
Requiring Statement: 10/1/98
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN PARTNERS INC.
By: Alan S. Cooper, as Vice President
By: /s/ Alan S. Cooper
--------------------
Name: Alan S. Cooper
PAGE 7 of 13
<PAGE>
Joint Filer Information
Name: Mark Dickstein
Address: c/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Date of Event
Requiring Statement: 10/1/98
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
MARK DICKSTEIN
By: /s/ Mark Dickstein
---------------------
Name: Mark Dickstein
PAGE 8 of 13
<PAGE>
Joint Filer Information
Name: Elyssa Dickstein
Address: c/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Date of Event
Requiring Statement: 10/1/98
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
ELYSSA DICKSTEIN
By: /s/ Elyssa Dickstein
-----------------------
Name: Elyssa Dickstein
PAGE 9 of 13
<PAGE>
Joint Filer Information
Name: Elyssa Dickstein, Jeffrey Schwarz and
Alan Cooper, as Trustees
U/T/A/D 12/27/88,
Mark Dickstein, as Grantor
Address: c/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Date of Event
Requiring Statement: 10/1/98
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN TRUST
Elyssa Dickstein, Jeffrey Schwarz and
Alan S. Cooper, as Trustees
U/T/A/D 12/27/88,
Mark Dickstein, as Grantor
By: Alan S. Cooper, as trustee
By: /s/ Alan S. Cooper
---------------------
Name: Alan S. Cooper
PAGE 10 of 13
<PAGE>
Joint Filer Information
Name: Mark and Elyssa Dickstein Foundation
Address: c/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
Designated Filer: Mark Dickstein
Date of Event
Requiring Statement: 10/1/98
Issuer & Ticker Symbol: Marvel Enterprises, Inc. (MVL)
Signature:
DICKSTEIN FOUNDATION
Mark Dickstein and Elyssa
Dickstein, as Trustees
By: Mark Dickstein, as Trustee
By: /s/ Mark Dickstein
---------------------
Name: Mark Dickstein
PAGE 11 of 13
<PAGE>
Name and address of Designated Filer: Mark Dickstein
c/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
Date of Event Requiring Statement: 10/1/98
Issuer Name and Trading Ticket or Symbol: Marvel Enterprises, Inc. (MVL)
Explanation of Responses:
/1/ Mark Dickstein ("Mr. Dickstein") is the president and sole shareholder
of Dickstein Partners Inc. ("DPI") and a trustee of the Mark and
Elyssa Dickstein Foundation (the "Foundation"). DPI is the general
partner of Dickstein Partners, L.P. ("DPLP"), and the agent of
Dickstein International Limited ("DIL"). DPLP is the general partner
of Dickstein & Co., L.P. ("DCO") and Dickstein Focus Fund L.P.
("DFF"). Elyssa Dickstein ("Mrs. Dickstein") is the wife of Mr.
Dickstein and is also a trustee of the Foundation and the Dickstein
Trust, Elyssa Dickstein, Jeffrey Schwarz and Alan Cooper, as trustees
U/T/A/D 12/27/88, Mark Dickstein, as Grantor (the "Trust", and
together with DCO, DFF, DIL, DPLP, DPI, Mr. Dickstein, the Foundation
and Mrs. Dickstein, the "Group Filers"). Pursuant to instruction
5(b)(v) to Form 3, Mr. Dickstein has been designated to file this Form
3 on behalf of the Group Filers (the "Designated Filer").
/2/ Mr. Dickstein is a member of the Board of Directors of the Issuer.
Also, the Group Filers may be deemed to be members of a group for
purposes of Section 13(d) of the Securities Exchange Act of 1934, as
amended, that holds in excess of 10% of the outstanding of the
outstanding shares of Common Stock. Reference is made to the statement
on Schedule 13D of the Group Filers dated October 13, 1998 in respect
of the Common Stock as it may be from time to time amended. By filing
this statement, each of the Group Filers, except for Mr. Dickstein,
does not concede that it is subject to Section 16(a) of the Securities
Exchange Act of 1934, as amended.
/3/ Shares held directly by Mr. Dickstein.
/4/ Shares held indirectly by Mr. Dickstein which is comprised of shares
held by the Group Filers other than Mark Dickstein. Pursuant to
instruction 5(b)(iv) to Form 3, the entire aggregate amount of the
interests of DCO, DFF, DIL and the Foundation is being reported. Mr.
Dickstein disclaims beneficial ownership of such securities, except to
the extent of his actual pecuniary interest in such securities. See Note
(1) above and Notes (6)-(11) below.
/5/ Shares held directly by DCO. See Note (1) above.
/6/ Shares held directly by DFF. See Note (1) above.
/7/ Shares held directly by DIL. See Note (1) above.
/8/ Shares held indirectly by DPLP, which is comprised of shares held by
DCO and DFF. As of the date hereof, DCO beneficially owns 1,458,029
shares of Common Stock and 2,419,609 shares of Preferred Stock and DFF
beneficially owns 195,620 shares of Common Stock and 232,577 shares of
Preferred Stock. Pursuant to instruction 5(b)(iv) to Form 3, the
entire aggregate amount of the interests of DCO and DFF is being
reported. See Note (1) above.
/9/ Shares held indirectly by DPI, which is comprised of shares held by
DCO, DFF and DIL. As of the date hereof, DCO beneficially owns
1,458,029 shares of Common Stock and 2,419,609 shares of Preferred
Stock, DFF beneficially owns 195,620 shares of Common Stock and
232,577 shares of Preferred Stock and DIL beneficially owns 613,967
shares of Common Stock and 805,876 shares of Preferred Stock. Pursuant
to instruction 5(b)(iv) to Form 3, the entire aggregate amount of the
interests of DCO, DFF and DIL is being reported. See Note (1) above.
/10/ Shares held directly by the Foundation. See Note (1) above.
/11/ Shares held directly by Mrs. Dickstein. See Note (1) above.
PAGE 12 of 13
<PAGE>
Name and address of Designated Filer: Mark Dickstein
C/o Dickstein Partners Inc.
660 Madison Avenue, 16th Floor
New York, New York 10021
Date of Event Requiring Statement: 10/1/98
Issuer Name and Trading Ticket or Symbol: Marvel Enterprises, Inc. (MVL)
Explanation of Responses (cont'd):
/12/ Shares held indirectly by Mrs. Dickstein which is comprised of shares
held by the Foundation and the Trust. As of the date hereof, the
Foundation beneficially owns 10,000 shares of Preferred Stock and the
Trust beneficially owns 50,000 shares of Preferred Stock. Pursuant to
instruction 5(b)(iv) to Form 3, the entire aggregate amount of the
interests of the Foundation and the Trust is being reported. See Notes
(1) and (10) above and Note (13) below.
/13/ Shares held directly by the Trust. See Note (1) above.
/14/ Each share of the Preferred Stock is convertible into 1.039 shares of
Common stock, subject to adjustment as described in the Restated
Certificate of Incorporation of the Issuer.
PAGE 13 of 13
