-----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, NRWce1vosWz9AUZWY5NGdBGcPDEzl2XQZDE4qIrhT1S9dSlS7gKxScGZvjHGye4n MGvfYsIcn1yPKUJDqte08w== 0001017062-99-001755.txt : 19991019 0001017062-99-001755.hdr.sgml : 19991019 ACCESSION NUMBER: 0001017062-99-001755 CONFORMED SUBMISSION TYPE: SC 14D9/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19991018 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FURON CO CENTRAL INDEX KEY: 0000037755 STANDARD INDUSTRIAL CLASSIFICATION: GASKETS, PACKAGING AND SEALING DEVICES & RUBBER & PLASTIC HOSE [3050] IRS NUMBER: 951947155 STATE OF INCORPORATION: CA FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: SC 14D9/A SEC ACT: SEC FILE NUMBER: 005-12395 FILM NUMBER: 99730116 BUSINESS ADDRESS: STREET 1: 29982 IVY GLENN DRIVE CITY: LAGUNA NIGUEL STATE: CA ZIP: 92677 BUSINESS PHONE: 7148315350 MAIL ADDRESS: STREET 1: 29982 IVY GLENN DRIVE CITY: LAGUNA NIGUEL STATE: CA ZIP: 92677 FORMER COMPANY: FORMER CONFORMED NAME: FLUOROCARBON CO DATE OF NAME CHANGE: 19900322 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FURON CO CENTRAL INDEX KEY: 0000037755 STANDARD INDUSTRIAL CLASSIFICATION: GASKETS, PACKAGING AND SEALING DEVICES & RUBBER & PLASTIC HOSE [3050] IRS NUMBER: 951947155 STATE OF INCORPORATION: CA FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: SC 14D9/A BUSINESS ADDRESS: STREET 1: 29982 IVY GLENN DRIVE CITY: LAGUNA NIGUEL STATE: CA ZIP: 92677 BUSINESS PHONE: 7148315350 MAIL ADDRESS: STREET 1: 29982 IVY GLENN DRIVE CITY: LAGUNA NIGUEL STATE: CA ZIP: 92677 FORMER COMPANY: FORMER CONFORMED NAME: FLUOROCARBON CO DATE OF NAME CHANGE: 19900322 SC 14D9/A 1 AMENDMENT 1 TO SOLICITATION/RECOMMENDATION =============================================================================== SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ Amendment No. 1 to SCHEDULE 14D-9 Solicitation/Recommendation Statement Pursuant to Section 14(d)(4) of the Securities Exchange Act of 1934 Furon Company (Name of Subject Company) Furon Company (Name of Person Filing Statement) Common Stock, without par value (including the associated preferred stock purchase rights) (Title of Class of Securities) 361106107 (CUSIP Number of Class of Securities) Donald D. Bradley, Esq. General Counsel and Secretary Furon Company 29982 Ivy Glenn Drive Laguna Niguel, California 92677 (949) 831-5350 (Name, address and telephone number of person authorized to receive notice and communications on behalf of the person filing statement) with a copy to: Gary J. Singer, Esq. O'Melveny & Myers LLP 610 Newport Center Drive, Suite 1700 Newport Beach, California 92660 (949) 760-9600 This Amendment No. 1 amends and supplements the Solicitation/ Recommendation Statement on Schedule 14D-9, originally filed with the Securities and Exchange Commission on September 24, 1999 (the "Schedule 14D-9") by Furon Company, a California corporation (the "Company"). The Schedule 14D-9 was filed in connection with the tender offer made by FCY Acquisition Corporation, a California corporation ("Purchaser") and a wholly-owned indirect subsidiary of Norton Company, a Massachusetts corporation ("Parent"), which is a wholly-owned indirect subsidiary of Compagnie de Saint-Gobain, a French corporation ("Saint- Gobain"), to purchase all the outstanding shares of common stock, without par value, of the Company, including the associated preferred stock purchase rights issued pursuant to the Company's Rights Agreement, dated April 30, 1999, between the Company and The Bank of New York (collectively, the "Shares"), at $25.50 per share, net to the seller in cash, upon the terms and subject to the conditions set forth in the Offer to Purchase dated September 24, 1999, and in the related Letter of Transmittal (which together constitute the "Offer"), copies of which are attached as Exhibits (a)(1) and (a)(2), respectively, to the Schedule 14D-1 dated September 24, 1999 of Purchaser, Parent and Saint-Gobain. The tender offer is being made pursuant to an Agreement and Plan of Merger, dated as of September 18, 1999, among Parent, Purchaser and the Company. Item 8. Additional Information to be Furnished. Item 8 is hereby amended and supplemented by the addition of the following information thereto: The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 applicable to the purchase of the Shares pursuant to the Offer expired as of 11:59 P.M. (EDT) on October 15, 1999. Additionally, the waiting period under the Gesetz gegen Wettbewersbeschrankungen (the German Act Against Restraints of Competition) applicable to Purchaser's acquisition of the Shares pursuant to the Offer was terminated on October 14, 1999. A copy of the press release, dated October 18, 1999, issued jointly by the Company and Parent disclosing such expiration and termination is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Item 9. Material to be Filed as Exhibits. Item 9 is hereby amended and supplemented by the addition of the following exhibit: Exhibit 99.1 Joint Press Release, dated October 18, 1999, issued by the Company and Parent. 2 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. Dated: October 18, 1999 FURON COMPANY By: /s/ J. Michael Hagan -------------------------------- Name: J. Michael Hagan Title: Chairman of the Board, Chief Executive Officer and President 3 EXHIBIT INDEX Exhibit No. Description of Exhibit - ----------- ---------------------- 99.1 Joint Press Release, dated October 18, 1999, issued by Furon Company and Norton Company. 4 EX-99.1 2 JOINT PRESS RELEASE DATED 10/18/99 EXHIBIT 99.1 NEWS RELEASE FURON COMPANY NORTON COMPANY 29982 Ivy Glenn Drive 750 E. Swedesford Road Laguna Niguel, California 92677 Valley Forge, Pennsylvania 19482 Contact: Monty Houdeshell Contact: Dorothy C. Wackerman Phone: 949-831-5350 Phone: 610-341-7428 FOR IMMEDIATE RELEASE: NORTON COMPANY AND FURON COMPANY ANNOUNCE EXPIRATION OF HART-SCOTT-RODINO WAITING PERIOD AND RECEIPT OF GERMAN REGULATORY APPROVAL October 18, 1999 -- Laguna Niguel, CA and Valley Forge, PA -- Norton Company and Furon Company (NYSE: FCY) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired as of 11:59 P.M. (EDT) on October 15, 1999. The waiting period refers to the time during which the U.S. government could request additional information or documents with respect to the proposed acquisition by Norton of Furon. Additionally, Norton today announced that the acquisition has received regulatory approval in Germany under the German Act Against Restraints of Competition. As previously announced, Norton Company and Furon are parties to a merger agreement. Under the agreement, Norton Company commenced a tender offer on Friday, September 24, 1999, to purchase all of the outstanding shares of Furon at $25.50 per share, net to the seller in cash (excluding any tax effect). The tender offer currently is scheduled to expire at 12:00 midnight (EDT) on Friday, October 22, 1999, but may be extended by Norton under certain conditions. The offer is made on the condition that Norton acquires at least 90% of all outstanding Furon shares. However, if more than 50% but fewer than 90% of such shares are tendered into the offer, Norton will, under certain circumstances, reduce the number of shares subject to the offer to 49.99% of the outstanding shares and subsequently pursue a merger with Furon. Furon is a leading designer, developer and manufacturer of highly engineered products made primarily from specially formulated high- performance polymer materials. Norton Company is an indirect wholly owned subsidiary of Compagnie de Saint-Gobain. A worldwide manufacturer serving a broad range of industries, Norton is the world's leading manufacturer of abrasives, and produces technologically advanced ceramics, plastics and chemical process products. Norton's performance plastics business unit processes high-performance plastics which are formed into flexible foams, bearings, flexible tubing, radomes, pressure sensitive tapes, labware fittings, sealants and films. Saint-Gobain, one of the top 100 industrial companies in the world, is a leading producer of flat glass, glass containers, insulation, reinforcements, building materials, abrasives, industrial ceramics and piping. The company's 1998 sales totaled approximately $20 billion. Certain statements contained in this release are forward looking and involve risks and uncertainties. Those risks and uncertainties include, but are not limited to, the effect of general economic conditions, impact of competitive products and pricing, general product demand, industrial production and the other factors disclosed in Furon's Securities and Exchange Commission filings. # # # -----END PRIVACY-ENHANCED MESSAGE-----