SC TO-T/A 1 b47189a4sctovtza.txt GEAC COMPUTER CORPORATON LIMITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE TO/A (Rule 14d-100) TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 4) COMSHARE, INCORPORATED (Name of Subject Company (Issuer)) CONDUCTOR ACQUISITION CORP. (Offeror) an indirect wholly-owned subsidiary of GEAC COMPUTER CORPORATION LIMITED (Parent of Offeror) (Names of Filing Persons) COMMON STOCK, PAR VALUE $1.00 PER SHARE (Title of Class of Securities) 205912108 (CUSIP Number of Class of Securities) CHARLES S. JONES PRESIDENT AND CHIEF EXECUTIVE OFFICER GEAC COMPUTER CORPORATION LIMITED 11 ALLSTATE PARKWAY, SUITE 300 MARKHAM, ONTARIO L3R 9T8 CANADA (905) 475-0525 (Name, address, and telephone numbers of person authorized to receive notices and communications on behalf of filing persons) with copies to: ROBERT W. SWEET, JR., ESQUIRE FOLEY HOAG LLP 155 SEAPORT BOULEVARD BOSTON, MASSACHUSETTS 02210 CALCULATION OF FILING FEE
Transaction valuation* Amount of filing fee** ---------------------- ---------------------- $52,008,427 $4,208 ***
*Estimated for purposes of calculating the amount of the filing fee only. This amount assumes the purchase at $4.60 per share in cash, pursuant to the Offer to Purchase, of all 10,827,583 issued and outstanding shares of common stock, par value $1.00 per share, of Comshare, Incorporated as of June 30, 2003 plus the aggregate amount in cash to be paid to holders of outstanding options to purchase shares of Comshare common stock determined by multiplying the excess, if any, of $4.60 over the applicable exercise price of each such option by the number of shares of Comshare common stock underlying such option. **The amount of the filing fee, calculated in accordance with Rule 0-11 of the Securities Exchange Act of 1934, as amended, equals $80.90 per $1,000,000 of the transaction value. ***Previously paid in connection with the Offerors' Schedule TO filed with the Securities and Exchange Commission on July 1, 2003. [ ] Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. Amount Previously Paid: Form or Registration No.: Filing Party: Date Filed: [ ] Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Check the appropriate boxes below to designate any transactions to which the statement relates: [X] third-party tender offer subject to Rule 14d-1. [ ] issuer tender offer subject to Rule 13e-4. [ ] going-private transaction subject to Rule 13e-3. [ ] amendment to Schedule 13D under Rule 13d-2 Check the following box if the filing is a final amendment reporting the results of the tender offer: [ ] -------------------------------------------------------------------------------- SCHEDULE TO This Amendment No. 4 amends and supplements the Tender Offer Statement on Schedule TO filed with the Securities and Exchange Commission on July 1, 2003, as amended by Amendment No. 1 filed on July 17, 2003, Amendment No. 2 filed on July 18, 2003 and Amendment No. 3 filed on July 31, 2003 (as amended, the "Schedule TO"), by Geac Computer Corporation Limited, a corporation governed by the Canada Business Corporations Act ("Geac") and Conductor Acquisition Corp., a Michigan corporation ("Purchaser") and an indirect wholly owned subsidiary of Geac. The Schedule TO relates to the offer by Purchaser to purchase all of the outstanding shares of common stock, par value $1.00 per share (the "Shares"), of Comshare, Incorporated, a Michigan corporation (the "Company"), at a purchase price of $4.60 per Share, net to the seller in cash, without interest thereon, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated July 1, 2003, as amended, filed as Exhibit (a)(1)(A) to the Schedule TO (the "Offer to Purchase"), and in the related Letter of Transmittal filed as Exhibit (a)(1)(B) to the Schedule TO. The item numbers and responses thereto below are in accordance with the requirements of Schedule TO. Unless otherwise defined herein, all capitalized terms used herein shall have the respective meanings given to such terms in the Offer to Purchase. ITEMS 11 Item 11 of the Schedule TO is hereby amended and supplemented to add the following: "The Offer expired at 12:00 midnight, Eastern time, on Thursday, July 31, 2003. Upon expiration of the Offer, Purchaser accepted all validly tendered Shares for payment in accordance with the terms of the Offer. EquiServe Trust Company, N.A., the depositary for the Offer (the "Depositary"), has advised Geac and Purchaser that, as of the expiration of the Offer, an aggregate of 8,905,339 Shares were validly tendered to the Purchaser in the Offer, and an additional 169,479 Shares were delivered through notices of guaranteed delivery. The 8,905,339 Shares validly tendered represent approximately 82.2% of the Shares outstanding. "On August 1, 2003, Geac issued a press release, a copy of which is attached hereto as Exhibit (a)(1)(J) and incorporated by reference herein, announcing that Purchaser accepted all Shares validly tendered in the Offer and that Purchaser commenced a subsequent offering period for all remaining untendered Shares expiring at 5:00 p.m., Eastern time, on Monday, August 11, 2003, unless further extended. Purchaser will immediately accept all Shares properly tendered during the subsequent offering period and will pay the tendering stockholders promptly after acceptance. The same $4.60 per Share price offered in the prior offering period will be paid during the subsequent offering period. Shares tendered during the subsequent offering period may not be withdrawn. Geac and Purchaser reserve the right to extend the subsequent offering period in accordance with applicable law. "Also on August 1, 2003, Geac issued a second press release, a copy a copy of which is attached hereto as Exhibit (a)(1)(K) and incorporated by reference herein, announcing, among other things, that James S. Travers has been appointed President and Chief Executive Officer of the Company and that Anna C. Forgione, Steven Horniak, Ruth Klein, Derek J. Murphy, Lou J. Pagotto and James M. Riley have been appointed to the Board of Directors of the Company. -3- "Pursuant to the terms of the Merger Agreement, Geac will cause the merger of Purchaser with and into the Company as soon as practicable. As a result of the Merger, each issued and outstanding Share that was not tendered in the Offer (other than Shares that are owned by Geac or the Company or any of their respective wholly owned subsidiaries, all of which will be cancelled without any consideration being exchanged therefor) will be, by virtue of the Merger and without any action on the part of the holder thereof, converted into the right to receive the same price paid in the Offer, that is $4.60 in cash, without interest thereon and less any required withholding taxes, upon surrender of the certificate representing such Share, and the Company will become an indirect wholly owned subsidiary of Geac." ITEM 12. EXHIBITS. Item 12 of the Schedule TO is hereby amended and supplemented to add the following: "(a)(1)(J) Press Release dated August 1, 2003." "(a)(1)(K) Press Release dated August 1, 2003." -4- 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. GEAC COMPUTER CORPORATION LIMITED /s/ Craig C. Thorburn ----------------------------------------- By: Craig C. Thorburn Its: Senior Vice President, Mergers & Acquisitions, and Corporate Secretary CONDUCTOR ACQUISITION CORP. /s/ Craig C. Thorburn ----------------------------------------- By: Craig C. Thorburn Its: Vice President Date: August 1, 2003 -5- INDEX TO EXHIBITS
EXHIBIT NUMBER DESCRIPTION -------------- ----------- (a) (1) (A) Offer to Purchase, dated July 1, 2003.* (a) (1) (B) Letter of Transmittal.* (a) (1) (C) Notice of Guaranteed Delivery.* (a) (1) (D) Letter to Brokers, Dealers, Banks, Trust Companies and other Nominees.* (a) (1) (E) Letter to Clients for use by Brokers, Dealers, Banks, Trust Companies and other Nominees.* (a) (1) (F) Press Release dated July 1, 2003.* (a) (1) (G) Summary Advertisement, published in the New York Times on July 3, 2003.* (a) (1) (H) Press Release dated July 16, 2003.** (a) (1) (I) Press Release dated July 31, 2003.*** (a) (1) (J) Press Release dated August 1, 2003. (a) (1) (K) Press Release dated August 1, 2003. (b) Not Applicable. (c) Not Applicable. (d) (1) Confidentiality Agreement dated April 24, 2003 between Geac and the Company.* (d) (2) Confidentiality Agreement effective May 1, 2003 between Geac and the Company.* (d) (3) Agreement and Plan of Merger, dated as of June 22, 2003, by and among Geac, Purchaser and the Company.* (d) (4) Voting and Tender Agreement, dated as of June 22, 2003, by and among Geac, Purchaser and Dennis G. Ganster.* (d) (5) Voting and Tender Agreement, dated as of June 22, 2003, by and among Geac, Purchaser and each of Codec Systems Limited and Anthony Stafford.* (d) (6) Employment agreement dated June 19, 2003 by and among the Company, Geac Computers, Inc., Geac and Brian Hartlen.* (d) (7) Employment agreement dated June 19, 2003 by and among the Company, Geac Computers, Inc., Geac and David King.* (g) Not Applicable. (h) Not Applicable.
-6- * Previously filed on July 1, 2003 with the Securities and Exchange Commission on Schedule TO by Purchaser and Geac. ** Previously filed on July 17, 2003 with the Securities and Exchange Commission on Schedule TO by Purchaser and Geac. *** Previously filed on July 31, 2003 with the Securities and Exchange Commission on Schedule TO by Purchaser and Geac. -7-