-----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, I+Xw0AF1dma/+rmfOKscGpbe/dHtFMKFcpvVZuj8IFJjMCsdlHxj4aTqAkuyL0h8 +Cejm4oejCAI5xb/AOrArA== 0000893877-99-000702.txt : 19991115 0000893877-99-000702.hdr.sgml : 19991115 ACCESSION NUMBER: 0000893877-99-000702 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19991112 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: 99746422 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. 10 Precision Castparts Corp. Amendment No. 10 to Schedule 14D-1

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


AMENDMENT NO. 10 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. 10 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, the "Shares"), of Wyman-Gordon Company, a Massachusetts corporatio

Item 10.     Additional Information.

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

On November 9, 1999, PCC and the Company announced that the FTC has accepted for public comment the Agreement Containing Consent Orders previously agreed to by the FTC staff. The FTC action satisfies the final condition to the closing of the Offer, other than conditions that by their terms can be satisfied only at the closing. As a result, the expiration date of the Offer will be midnight, New York City time, on Wednesday, November 24, 1999, unless extended. The press release of PCC and the Company, dated November 9, 1999, is incorporated herein by reference to Exhibit (a)(18) to the Schedule 14D-1.

Item 11.     Material to be Filed as Exhibits.

     (a)(18)     Press Release dated November 9, 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: November 10, 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.
(a)(17)* Press Release, dated November 1, 1999.
(a)(18)   Press Release, dated November 9, 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)(18) 2 PRESS RELEASE DATED NOVEMBER 9, 1999 Precision Castparts Corp. Press Release

PRECISION CASTPARTS CORP. AND WYMAN-GORDON COMPANY ANNOUNCE RECEIPT OF FTC ACCEPTANCE OF AGREEMENT CONTAINING CONSENT ORDERS AND SET FINAL EXPIRATION DATE OF TENDER OFFER FOR WYMAN-GORDON COMPANY COMMON STOCK

PORTLAND, Oregon and GRAFTON, Massachusetts, - November 9, 1999 - Precision Castparts Corp. (NYSE:PCP) and Wyman-Gordon Company (NYSE:WYG) today announced that the Federal Trade Commission (FTC) has accepted for public comment the Agreement Containing Consent Orders previously agreed to by the FTC staff. The FTC action satisfies the final condition to the closing of the previously announced $20.00 per share cash tender offer by Precision Castparts Corp. subsidiary, WGC Acquisition Corp., for all outstanding shares of common stock of Wyman-Gordon Company, other than conditions that by their terms can be satisfied only at the closing. As a result, the expiration date of the cash tender offer will be midnight, New York City time, on Wednesday, November 24, 1999, unless extended.

"We are pleased with the FTC's action," said William C. McCormick, chairman and chief executive officer of Precision Castparts Corp. "Today, we have moved one step closer to completing this acquisition, which will significantly benefit both our customers and our shareholders. We look forward to closing the deal in the next two weeks."

As of November 9, 1999, approximately 27,800,000 shares of common stock of Wyman-Gordon Company had been tendered in the tender offer. This constitutes approximately 77.8% of Wyman-Gordon Company's outstanding shares as of the commencement of the tender offer.

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 statements 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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