SC 13G
1
efc2-1330_5297603fmsc13g.txt
ML
SECURITIES EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________________________________________________________
SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1
(b),(c) and (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b)
(AMENDMENT NO. ________)*
LODGIAN, INC.
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(Name of Issuer)
Common Stock, par value $0.01
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(Title of Class of Securities)
54021P 20 5
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(CUSIP Number)
November 25, 2002
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ X ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
-----------------------
* 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 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 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).
SCHEDULE 13G
CUSIP No. 54021P 20 5
...............................................................................
1. Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
Merrill Lynch & Co. Inc.
...............................................................................
2. Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
...............................................................................
3. SEC Use Only
...............................................................................
4. Citizenship or Place of Organization
Delaware
...............................................................................
5. Sole Voting Power
None
..........................................................
6. Shared Voting Power
Number of
761,655 shares of Common Stock, par value $0.01 (per
Shares share (the "Common Stock"); MLPFS also owns 10,714
Class A Warrants to purchase 10,714 shares of Common
Beneficially Stock and 2,151 Class B Warrants to purchase 2,151
shares of Common Stock.(1)
Owned by Each ..........................................................
7. Sole Dispositive Power
Reporting
None
Person with: ..........................................................
8. Shared Dispositive Power
761,655 shares of Common Stock; MLPFS also owns
10,714 Class A Warrants to purchase 10,714 shares
of Common Stock and 2,151 Class B Warrants to
purchase 2,151 shares of Common Stock.(1)
...............................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person
761,655 shares of Common Stock, par value $0.01
...............................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares*
[__]
...............................................................................
11. Percent of Class Represented by Amount in Row (9)
11.43% as at November 25, 2002. Including the shares of Common Stock
which may be purchased by exercise of 10,714 Class A Warrants and
2,151 Class B Warrants, the Reporting Person additionally owns 0.17%
of the shares of Common Stock. The aggregate percentage beneficially
owned by the Reporting Person is therefore 11.65% of the Common Stock.
...............................................................................
12. Type of Reporting Person*
HC, CO
-----------------------------
(1) In addition, MLPFS owns 642,846 shares of nonvoting Series A Preferred
Stock, par value $0.01 per share.
* See instructions before filling out!
SCHEDULE 13G
CUSIP No. 54021P 20 5
...............................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Merrill Lynch, Pierce, Fenner & Smith Incorporated
...............................................................................
2. Check the Appropriate Box if a Member of a Group*
(a) [_]
(b) [_]
...............................................................................
3. SEC Use Only
...............................................................................
4. Citizenship or Place of Organization
Delaware
...............................................................................
5. Sole Voting Power
None
..........................................................
6. Shared Voting Power
Number of
761,655 shares of Common Stock par value $0.01 per
Shares share (the "Common Stock"); MLPFS also owns 10,714
Class A Warrants to purchase 10,714 shares of Common
Beneficially Stock and 2,151 Class B Warrants to purchase 2,151
shares of Common Stock.(1)
Owned by Each ..........................................................
7. Sole Dispositive Power
Reporting
None
Person with: ..........................................................
8. Shared Dispositive Power
761,655 shares of Common Stock; MLPFS also owns
10,714 Class A Warrants to purchase 10,714 shares
of Common Stock and 2,151 Class B Warrants to
purchase 2,151 shares of Common Stock.(1)
...............................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person
761,655 shares of Common Stock, par value $0.01
...............................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares*
[__]
...............................................................................
11. Percent of Class Represented by Amount in Row (9)
11.43% as at November 25, 2002. Including the shares of Common Stock
which may be purchased by exercise of 10,714 Class A Warrants and
2,151 Class B Warrants, the Reporting Person additionally owns 0.17%
of the shares of Common Stock. The aggregate percentage beneficially
owned by the Reporting Person is therefore 11.65% of the Common Stock.
...............................................................................
12. Type of Reporting Person*
BD, CO
-----------------------------
(1) In addition, MLPFS owns 642,846 shares of nonvoting Series A Preferred
Stock, par value $0.01 per share.
* See instructions before filling out!
Item 1(a). Name of Issuer
LODGIAN, INC.
Item 1(b). Address of Issuer's Principal Executive Offices
3445 Peachtree Road, Suite 700
Atlanta, Georgia 30326
Item 2(a). Name of Person Filing
Merrill Lynch & Co., Inc.
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Item 2(b). Address of Principal Business Office or, if None, Residence
Merrill Lynch & Co., Inc.
4 World Financial Center
250 Vesey Street
New York, New York 10080
Merrill Lynch, Pierce, Fenner & Smith Incorporated
4 World Financial Center
250 Vesey Street
New York, New York 10080
Item 2(c). Citizenship
See Item 4 of Cover Pages
Item 2(d). Title of Class of Securities
Common Stock, par value $0.01
Item 2(e). CUSIP Number
See Cover Page
Item 3.
ML & Co. is a parent holding company in accordance with
Rule 13d-1(b)(1)(ii)(G).
MLPFS is a broker-dealer registered under Section 15 of the
Securities Exchange Act of 1934.
Item 4. Ownership
(a) Amount beneficially owned:
See Item 9 of Cover Pages
(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
Item 6. Ownership of More than Five Percent on Behalf of Another Person
ML & Co. is a parent holding company, and MLPFS is a wholly-owned
direct subsidiary of ML & Co. MLPFS, a reporting person on this
Schedule 13G, 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 or Control Person
ML & Co. is a parent holding company.
MLPFS is a broker-dealer registered under Section 15 of the
Securities Exchange Act of 1934. MLPFS is a wholly-owned direct
subsidiary of ML & Co.
Item 8. Identification and Classification of Members of the Group
Although ML & Co. and MLPFS are affiliates and have determined to
file jointly, the reporting persons are of the view that their
affiliation does not cause them to be acting as a group within
the meaning of Rule 13d-5 under the Securities Exchange Act of
1934.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
By signing below, the undersigned certifies that, to the best
of his knowledge and belief, the securities referred to above
were acquired and are held in the ordinary course of business
and were not acquired and are not held for the purpose of or
with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction
having that purpose or effect.
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.
Merrill Lynch & Co., Inc.
December 16, 2002 /s/ Lawrence M. Egan Jr.
----------------------------------
Name: Lawrence M. Egan Jr.
Title: Attorney-in-Fact*
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
December 16, 2002 /s/ Lawrence M. Egan Jr.
-----------------------------------
Name: Lawrence M. Egan Jr.
Title: Attorney-in-Fact**
----------------------
* Executed pursuant to a Power of Attorney, dated November 17, 1995, a copy
of which is attached hereto as Exhibit A.
** Executed pursuant to a Power of Attorney, dated February 25, 1995, a copy
of which is attached hereto as Exhibit B.
Exhibit A to Schedule 13G
Power of Attorney
The undersigned, Merrill Lynch & Co., Inc. (the "Corporation"), a corporation
duly organized under the laws of Delaware, with its principal place of business
at World Financial Center, North Tower, 250 Vesey Street, New York, New York
10281 does hereby make, constitute and appoint Richard B. Alsop, Richard D.
Kreuder, Andrea Lowenthal, Gregory T. Russo, or any individual from time to time
elected or appointed as secretary or an assistant secretary of the Corporation,
acting severally, each of whose address is Merrill Lynch & Co., Inc., World
Financial Center, North Tower, 250 Vesey Street, New York, New York 10281, as
its true and lawful attorneys-in-fact, for it and in its name, place and stead
(i) to execute on behalf of the Corporation and cause to be filed and/or
delivered, as required under Section 13(d) of the Securities Exchange Act of
1934 (the "Act") and the regulations thereunder, any number, as appropriate, of
original, copies, or electronic filings of the Securities and Exchange
Commission Schedule 13D or Schedule 13G Beneficial Ownership Reports (together
with any amendments and joint filing agreements under Rule 13d-1(f)(1) of the
Act, as may be required thereto) to be filed and/or delivered with respect to
any equity security (as defined in Rule 13d-1(d) under the Act) beneficially
owned by the undersigned and which must be reported by the undersigned pursuant
to Section 13(d) of the Act and the regulations thereunder, (ii) to execute on
behalf of the Corporation and cause to be filed and/or delivered, any number, as
appropriate, of original, copies or electronic filings of any forms (including
without limitation), Securities and Exchange Commission Forms 3, 4 and 5)
required to be filed pursuant to Section 16(a) of the Act and the regulations
thereunder, and (iii) generally to take such other actions and perform such
other things necessary to effectuate the foregoing as fully in a all respects as
if the undersigned could do if personally present. This Power of Attorney shall
remain in effect until revoked, in writing, by the undersigned.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney,
this 17th day of November 1995.
MERRILL LYNCH & CO., INC.
By: /s/ David H. Komansky
-----------------------------
Name: David H. Komansky
Title: President and Chief Operating Officer
Exhibit B to Schedule 13G
Power of Attorney
The undersigned, Merrill Lynch, Pierce, Fenner & Smith Incorporated (the
"Corporation"), a corporation duly organized under the laws of Delaware, with
its principal place of business at World Financial Center, North Tower, 250
Vesey Street, New York, New York 10281 does hereby make, constitute and appoint
Richard B. Alsop, Richard D. Kreuder, Andrea Lowenthal, Gregory T. Russo, or any
individual from time to time elected or appointed as secretary or an assistant
secretary of the Corporation, acting severally, each of whose address is Merrill
Lynch & Co., Inc., World Financial Center, North Tower, 250 Vesey Street, New
York, New York 10281, as its true and lawful attorneys-in-fact, for it and in
its name, place and stead (i) to execute on behalf of the Corporation and cause
to be filed and/or delivered, as required under Section 13(d) of the Securities
Exchange Act of 1934 (the "Act") and the regulations thereunder, any number, as
appropriate, of original, copies, or electronic filings of the Securities and
Exchange Commission Schedule 13D or Schedule 13G Beneficial Ownership Reports
(together with any amendments and joint filing agreements under Rule 13d-1(f)(1)
of the Act, as may be required thereto) to be filed and/or delivered with
respect to any equity security (as defined in Rule 13d-1(d) under the Act)
beneficially owned by the undersigned and which must be reported by the
undersigned pursuant to Section 13(d) of the Act and the regulations thereunder,
(ii) to execute on behalf of the Corporation and cause to be filed and/or
delivered, any number, as appropriate, of original, copies or electronic filings
of any forms (including without limitation), Securities and Exchange Commission
Forms 3, 4 and 5) required to be filed pursuant to Section 16(a) of the Act and
the regulations thereunder, and (iii) generally to take such other actions and
perform such other things necessary to effectuate the foregoing as fully in a
all respects as if the undersigned could do if personally present. This Power of
Attorney shall remain in effect until revoked, in writing, by the undersigned.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney,
this 25th day of February 1995.
MERRILL LYNCH & CO., INC.
By: /s/ David H. Komansky
--------------------------------
Name: David H. Komansky
Title: President and Chief Operating Officer
Exhibit C to Schedule 13G
Joint Filing Agreement
The undersigned hereby agree that this Schedule 13G (the
"Schedule 13G"), with respect to the shares of Common Stock issued by Lodgian,
Inc. is, and any amendments thereto shall be, filed on behalf of each of us
pursuant to and in accordance with the provisions of Rule 13d-1(k)(1) under the
Securities and Exchange Act of 1934, as amended, and that this Agreement shall
be included as an Exhibit to the Schedule 13G and each such amendment. Each of
the undersigned agrees to be responsible for the timely filing of the Schedule
13G and any amendments thereto, and for the completeness and accuracy of the
information concerning itself contained therein. Each of the undersigned further
agrees that Merrill Lynch & Co., Inc. may file the Schedule 13G, and any and all
amendments thereto, on its behalf. This Agreement may be executed in any number
of counterparts, all of which when taken together shall constitute one and the
same instrument.
IN WITNESS WHEREOF, the undersigned have executed this Agreement
as of this 16th day of December, 2002.
Merrill Lynch & Co., Inc.
/s/ Lawrence M. Egan Jr.
------------------------------------
Name: Lawrence M. Egan Jr.*
Title: Attorney-in-Fact
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
/s/ Lawrence M. Egan Jr.
------------------------------------
Name: Lawrence M. Egan Jr.**
Title: Attorney-in-Fact
---------------------------
* Executed pursuant to a Power of Attorney, dated November 17, 1995, a copy
of which is attached hereto as Exhibit A.
** Executed pursuant to a Power of Attorney, dated February 25, 1995, a
copy of which is attached hereto as Exhibit B.