-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VmRGa5YJ6hkSpMphTjrLeE3rNdOPSNS8rOY1ZanNYtRalqagwYZAveWNP3UWasyX GQfXRToXTR/i+sUo89neSw== 0000893877-99-000677.txt : 19991028 0000893877-99-000677.hdr.sgml : 19991028 ACCESSION NUMBER: 0000893877-99-000677 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19991027 GROUP MEMBERS: PRECISION CASTPARTS CORP GROUP MEMBERS: PRECISION CASTPARTS CORP. GROUP MEMBERS: WGC ACQUISITION CORP. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WYMAN GORDON CO CENTRAL INDEX KEY: 0000108703 STANDARD INDUSTRIAL CLASSIFICATION: METAL FORGING & STAMPINGS [3460] IRS NUMBER: 041992780 STATE OF INCORPORATION: MA FISCAL YEAR END: 0528 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: SEC FILE NUMBER: 005-10796 FILM NUMBER: 99735126 BUSINESS ADDRESS: STREET 1: 244 WORCHESTER ST STREET 2: BOX 8001 CITY: NORTH GRAFTON STATE: MA ZIP: 01536 BUSINESS PHONE: 5088394441 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PRECISION CASTPARTS CORP CENTRAL INDEX KEY: 0000079958 STANDARD INDUSTRIAL CLASSIFICATION: IRON & STEEL FOUNDRIES [3320] IRS NUMBER: 930460598 STATE OF INCORPORATION: OR FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: 4650 SW MACADAM AVE STREET 2: STE 440 CITY: PORTLAND STATE: OR ZIP: 97201-4254 BUSINESS PHONE: 5034174800 MAIL ADDRESS: STREET 1: 4650 SW MACADAM AVE STREET 2: STE 440 CITY: PORTLAND STATE: OR ZIP: 97201-4254 SC 14D1/A 1 SCHEDULE 14D-1, AMENDMENT NO. 8 Precision Castparts Corp. Amendment No. 8 to Schedule 14D-1

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


AMENDMENT NO. 8 TO
SCHEDULE 14D-1

Tender Offer Statement
Pursuant to Section 14(d)(1) of the Securities Exchange Act of 1934

WYMAN-GORDON COMPANY
(Name of Subject Company)

WGC ACQUISITION CORP.

PRECISION CASTPARTS CORP.
(Bidders)

Common Stock, $1.00 par value
(Title of Class of Securities)

983085 10 1
(CUSIP Number of Common Stock)

William D. Larsson
Vice President and Chief Financial Officer
Precision Castparts Corp.
4650 SW Macadam Avenue, Suite 440
Portland, Oregon 97201
(503) 417-4800


(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Bidder)

Copy to:

Ruth A. Beyer
Stoel Rives LLP
900 SW Fifth Avenue, Suite 2600
Portland, Oregon 97204-1268
(503) 294-9332



<PAGE>2

This Amendment No. 8 to Schedule 14D-1 further amends and supplements the Tender Offer Statement on Schedule 14D-1 (the "Schedule 14D-1") originally filed on May 21, 1999 by WGC Acquisition Corp., a Massachusetts corporation (the " Purchaser"), and Precision Castparts Corp., an Oregon corporation and the sole shareholder of the Purchaser ("PCC"), relating to the offer by the Purchaser to purchase all outstanding shares of common stock, $1.00 par value per share (collectively,

Capitalized terms used and not otherwise defined herein shall have the meanings given such terms in the Schedule 14D-1.

Item 10.     Additional Information.

The information set forth in Item 10(b), (c) and (f) is hereby amended by adding thereto the following:

On October 26, 1999, PCC and the Company announced that they have executed an Agreement Containing Consent Orders with the staff of the FTC. The Agreement Containing Consent Orders will be submitted to the FTC for its approval with the recommendation of the FTC staff. There can be no assurances that the FTC will approve the Agreement Containing Consent Orders or as to the timing of any such approval. The FTC staff previously indicated to PCC that it would recommend to the FTC that the Offer be permitted

The Company's subsidiary, Wyman-Gordon Investment Castings, Inc., has reached an agreement with a buyer pursuant to which the buyer will acquire the Company's large cast parts operations located in Groton, Connecticut. The terms of this divestiture have been approved by the FTC staff. The divestiture is subject to the approval of the FTC, the consummation of the proposed acquisition of the Company by PCC and other customary closing conditions. FTC approval of the Agreement Containing Consent Orders would

Item 11.     Material to be Filed as Exhibits.

(a)(16)     Press Release dated October 26, 1999.

<PAGE>3

Signature

After due 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.

Date: October 27, 1999

WGC ACQUISITION CORP.
 
By WILLIAM D. LARSSON
Name: William D. Larsson
Title: Vice President










PRECISION CASTPARTS CORP.
 
By WILLIAM D. LARSSON
Name: William D.Larsson
Title: Vice President and Chief Financial Officer










<PAGE>4

INDEX TO EXHIBITS

EXHIBIT
NUMBER

EXHIBIT
(a)(1)* Offer to Purchase, dated May 21, 1999.
(a)(2)* Letter of Transmittal.
(a)(3)* IRS Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9.
(a)(4)* Form of Summary Advertisement, dated May 21, 1999.
(a)(5)* Form of Notice of Guaranteed Delivery.
(a)(6)* Form of Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.
(a)(7)* Form of Letter to Clients for Use by Brokers, Dealers, Commercial Banks, Trust Companies and other Nominees.
(a)(8)* Press Release, dated May 17, 1999.
(a)(9)* Press Release, dated June 17, 1999.
(a)(10)* Press Release, dated July 13, 1999.
(a)(11)* Press Release, dated July 30, 1999.
(a)(12)* Press Release, dated August 9, 1999.
(a)(13)* Press Release, dated August 20, 1999.
(a)(14)* Press Release, dated September 8, 1999.
(a)(15)* Press Release, dated October 1, 1999.
(a)(16)   Press Release, dated October 26, 1999.
(b)* Commitment Letter dated as of May 14, 1999 among PCC, Bank of America National Trust and Savings Association and Banc of America Securities LLC (formerly known as Nationsbanc Montgomery Securities LLC).
(c)(1)* Agreement and Plan of Merger, dated May 17, 1999, among the Purchaser, PCC and the Company.
(c)(2)* Confidentiality and Standstill Agreement, dated March 26, 1999, between PCC and the Company.
(d) Not applicable.
(e) Not applicable.
(f) The Offer to Purchase and the Letter of Transmittal are incorporated herein by reference.

_____________

*     Previously filed


EX-99.(A)(16) 2 PRESS RELEASE DATED OCTOBER 26, 1999 Precision Castparts Corp. Press Release

PRECISION CASTPARTS CORP. AND WYMAN-GORDON COMPANY ANNOUNCE EXECUTION OF AGREEMENT CONTAINING CONSENT ORDERS WITH THE FEDERAL TRADE COMMISSION STAFF

PORTLAND, Oregon and NORTH GRAFTON, Massachusetts - October 26, 1999 - Precision Castparts Corp. (NYSE:PCP) and Wyman-Gordon Company (NYSE:WYG) today announced that they have executed an Agreement Containing Consent Orders with the staff of the Federal Trade Commission (FTC). The Agreement Containing Consent Orders will be submitted to the FTC for its approval with the recommendation of the FTC staff. There can be no assurances that the FTC will approve the Agreement Containing Consent Orders or as to common stock of Wyman-Gordon Company be permitted to proceed if Precision Castparts Corp. and Wyman-Gordon Company agreed to divest certain Wyman-Gordon Company investment castings operations. The Agreement Containing Consent Orders, if approved by the FT

Wyman-Gordon Company's subsidiary, Wyman-Gordon Investment Castings, Inc., has reached an agreement with a buyer pursuant to which the buyer will acquire Wyman-Gordon's large cast parts operations located in Groton, Connecticut. The terms of this divestiture have been approved by the FTC staff. The divestiture is subject to the approval of the FTC, the consummation of the proposed acquisition of Wyman-Gordon Company by Precision Castparts Corp. and other customary closing conditions. FTC approval of t

Precision Castparts Corp. is a worldwide manufacturer of complex metal components and products. Wyman-Gordon Company is a leader in forgings, investment castings and composite structures.

This press release contains forward-looking statement based on current expectations that are covered under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results and events related to the transaction may differ from those anticipated.

Contacts: Dwight Weber, Precision Castparts Corp. - 503-417-4855
Denis Poirier, Wyman-Gordon Company - 508-839-8224

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