SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) November 16, 2000
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Marvel Enterprises, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-13638 13-3711775
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(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification
incorporation) No.)
387 Park Avenue South, New York, NY 10016
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (212) 696-0808
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(Former Name or Former Address, If Changed Since Last Report.)
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ITEM 5. Other Events
The Company's review of the transcript of a conference call with analysts
and investors held by the Company on November 16, 2000, showed that Mr. F. Peter
Cuneo, the Company's President and Chief Executive officer, incorrectly stated,
in response to a question, that the covenants in the indenture governing the
Company's 12% Senior Notes due 2009 would not permit the Company to sell Toy
Biz, the Company's toy division. The indenture would permit the sale of Toy Biz
as an "Asset Sale" as that term is defined in the indenture, subject to the
conditions applicable to Asset Sales imposed under the indenture and the
required use of proceeds from those sales. Reference is made to the indenture
for those specific conditions and requirements.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits.
4.3 Indenture, dated as of February 25, 1999, defining the rights of
holders of 12% senior notes due 2009. (Incorporated by reference to Exhibit 4.2
of the Company's Annual Report on Form 10-K for the year ended December 31,
1998)
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
MARVEL ENTERPRISES, INC.
(Registrant)
Date: November 21, 2000
By: /s/ F. Peter Cuneo
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Name: F. Peter Cuneo
Title: President and Chief Executive Officer
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