-----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, Q+/Cf+tfLO7GYTs/OLC1zrL09aj3kH51YbZPniIHscEqZQxTLrGMFX4LVzvucQPG q+GZNI7/tuFJAetaoMkcrA== 0001104659-08-061708.txt : 20081002 0001104659-08-061708.hdr.sgml : 20081002 20081002163645 ACCESSION NUMBER: 0001104659-08-061708 CONFORMED SUBMISSION TYPE: SC 14D9/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20081002 DATE AS OF CHANGE: 20081002 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL RECTIFIER CORP /DE/ CENTRAL INDEX KEY: 0000316793 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 951528961 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 14D9/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-31896 FILM NUMBER: 081103928 BUSINESS ADDRESS: STREET 1: 233 KANSAS ST CITY: EL SEGUNDO STATE: CA ZIP: 90245 BUSINESS PHONE: 3107268000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INTERNATIONAL RECTIFIER CORP /DE/ CENTRAL INDEX KEY: 0000316793 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 951528961 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 14D9/A BUSINESS ADDRESS: STREET 1: 233 KANSAS ST CITY: EL SEGUNDO STATE: CA ZIP: 90245 BUSINESS PHONE: 3107268000 SC 14D9/A 1 a08-24853_2sc14d9a.htm SC 14D9/A

 

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


 

SCHEDULE 14D-9

 


 

SOLICITATION/RECOMMENDATION STATEMENT

UNDER SECTION 14(d)(4)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

(Amendment No. 3)

 

INTERNATIONAL RECTIFIER CORPORATION

(Name of Subject Company)

 

INTERNATIONAL RECTIFIER CORPORATION

(Name of Person Filing Statement)

 

Common Stock, Par Value $1.00 Per Share

(Title of Class of Securities)

 

460254-10-5

(CUSIP Number of Class of Securities)

 

Timothy Bixler, Esq.

Vice President, General Counsel and Secretary

233 Kansas Street

El Segundo, CA 90245

310-726-8000

(Name, address and telephone number of person authorized to

receive notices and communications on behalf of the person filing statement)

 

WITH COPIES TO:

 

Arthur Fleischer, Esq.

Peter S. Golden, Esq.

Philip Richter, Esq.
Fried, Frank, Harris, Shriver & Jacobson LLP

One New York Plaza
New York, NY  10004
(212) 859-8000

 

o Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

 

 

 



 

The purpose of this Amendment No. 3 is to amend, supplement or restate, as applicable, the information set forth in Item 9 of the Solicitation/Recommendation Statement on Schedule 14D-9 filed by International Rectifier Corporation, a Delaware corporation (the “Company”) on September 29, 2008, as amended by Amendment No. 1 and Amendment No. 2 thereto on September 30, 2008.

 

Item 9.                Exhibits.

 

Item 9 is hereby amended to add the following new exhibit:

 

Exhibit No.

 

Description

 

 

 

(a)(9)

 

Press release of the Company, dated October 2, 2008, titled Glass Lewis Recommends International Rectifier Shareholders Vote the WHITE Proxy Card for All Three of the Company’s Nominees

 

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.

 

 

 

INTERNATIONAL RECTIFIER CORPORATION

 

 

 

 

 

By:

/s/ Timothy Bixler

 

 

Timothy Bixler

 

 

Vice President, General Counsel and Secretary

 

Dated: October 2, 2008

 

2


EX-99.(A)(9) 2 a08-24853_2ex99da9.htm EX-99.(A)(9)

Exhibit (a)(9)

 

Glass Lewis Recommends International Rectifier Shareholders Vote the WHITE Proxy
Card for All Three of the Company’s Nominees

 

EL SEGUNDO, Calif. – October 2, 2008 – International Rectifier Corporation (NYSE:IRF) today announced that Glass Lewis & Co. has published its report recommending that International Rectifier shareholders vote the WHITE proxy card FOR all three of the Company’s nominees and against the proposed Vishay by-law amendments at the October 10, 2008 meeting.

 

The Glass Lewis analysis concluded that Vishay’s “primary motive” for nominating its slate of directors “is to force a discussion regarding a potential acquisition by Vishay.” The report discussed the proactive work of International Rectifier’s Board, stating that “Vishay has failed to convince us that the IRF directors have not acted in the best interests of shareholders nor has the Dissident established that its nominees would contribute necessary expertise to the IRF Board.” The report also stated that Glass Lewis “tend(s) to agree that the IRF Board and executive team should work to ‘right the ship’ before pursuing a strategic agreement in light of IRF’s relative low stock price and the implementation of the turn-around strategy.”

 

Glass Lewis & Co. is an independent proxy advisory firm.

 

International Rectifier’s Board of Directors strongly encourages all shareholders to vote by completing, signing, dating and returning their WHITE proxy card or voting by telephone or Internet in time to be counted for the meeting on October 10, 2008. Shareholders who have questions or need assistance in voting their shares should contact our proxy solicitor, D.F. King, by calling toll-free 1-888-605-1957.

 

About International Rectifier

 

International Rectifier Corporation (NYSE:IRF) is a world leader in power management technology. IR’s analog, digital, and mixed signal ICs, and other advanced power management products, enable high performance computing and save energy in a wide variety of business and consumer applications.  Leading manufacturers of computers, energy efficient appliances, lighting, automobiles, satellites, aircraft, and defense systems rely on IR’s power management solutions to power their next generation products. For more information, go to www.irf.com.

 

Note: Statements made or implied in this release that are in the future tense or that are accompanied by words such as “will,” or variations of such words are “forward-looking” and involve risks and uncertainties that are not within International Rectifier’s control. A fuller explanation of these risks and uncertainties, including those related to the changes to the company’s internal controls and governance policies, is contained in International Rectifier’s periodic and other filings from time to time with the Securities and Exchange Commission.

 

# # #

 

Contact:

 

International Rectifier Corporation

Investors:

Portia Switzer, 310.726.8254

Chris Toth, 310.252.7731

or

Media:

Kekst & Co.

Tom Davies, 212-521-4873

Roanne Kulakoff, 212-521-4837

 


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