-----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, EsGQCVl823/tMSWF4rsfhdKGiljdcecIKcPpV24aO29UBplbNPbxhljf+ZMfWFZC rORqBdSwpzdw+/uI2etJ1A== 0001145443-07-002607.txt : 20070822 0001145443-07-002607.hdr.sgml : 20070822 20070822171219 ACCESSION NUMBER: 0001145443-07-002607 CONFORMED SUBMISSION TYPE: SC TO-T/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20070822 DATE AS OF CHANGE: 20070822 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: METROMEDIA INTERNATIONAL GROUP INC CENTRAL INDEX KEY: 0000039547 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 580971455 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-T/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-32255 FILM NUMBER: 071073708 BUSINESS ADDRESS: STREET 1: 8000 TOWER POINT DRIVE CITY: CHARLOTTE STATE: NC ZIP: 28227 BUSINESS PHONE: 7043217380 MAIL ADDRESS: STREET 1: 8000 TOWER POINT DRIVE CITY: CHARLOTTE STATE: NC ZIP: 28227 FORMER COMPANY: FORMER CONFORMED NAME: ACTAVA GROUP INC DATE OF NAME CHANGE: 19930723 FORMER COMPANY: FORMER CONFORMED NAME: FUQUA INDUSTRIES INC /DE/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CAUCUSCOM MERGERCO CORP. CENTRAL INDEX KEY: 0001405280 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-T/A BUSINESS ADDRESS: STREET 1: C/O SALFORD (UK) LIMITED STREET 2: NORFOLK HOUSE, 31 ST JAMES'S SQUARE CITY: LONDON STATE: X0 ZIP: SW1Y 4JJ BUSINESS PHONE: 44 (0) 20 7004 7900 MAIL ADDRESS: STREET 1: C/O SALFORD (UK) LIMITED STREET 2: NORFOLK HOUSE, 31 ST JAMES'S SQUARE CITY: LONDON STATE: X0 ZIP: SW1Y 4JJ SC TO-T/A 1 d21839.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE TO – T/A

Amendment No. 5

TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)

OF THE SECURITIES EXCHANGE ACT OF 1934

METROMEDIA INTERNATIONAL GROUP, INC.

(Name of Subject Company (Issuer))

CAUCUSCOM MERGERCO CORP.

(OFFEROR)

CAUCUSCOM VENTURES L.P.

(PARENT OF OFFEROR)

CAUCUS CARRY MANAGEMENT L.P.

(GENERAL PARTNER OF PARENT OF OFFEROR)

CAUCUS TELECOM MANAGEMENT LTD.

(GENERAL PARTNER OF GENERAL PARTNER OF PARENT OF OFFEROR)

(Names of Filing Persons)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

 

591695101

(CUSIP Number of Class of Securities)

Mr. Peter Nagle

CaucusCom Ventures L.P.

c/o Salford

Norfolk House, 31 St James’s Square

London SW1Y 4JJ

United Kingdom

(+44 20) 7004 7900

(Name, address and telephone number of person authorized to receive

notices and communications on behalf of Filing Persons)

Copies to:

Gregory V. Gooding, Esq.

Debevoise & Plimpton LLP

919 Third Avenue

New York, NY 10022

(212) 909-6870

 

 

 

 

CALCULATION OF FILING FEE

Transaction Valuation*

Amount of Filing Fee*

$187,352,904.60

$5,751.73

*Estimated for purposes of calculating the filing fee only. Determined by multiplying the offer price of $1.80 per share by the sum of (x) the 103,144,947 shares of common stock, par value $0.01 per share (the “Common Shares”), of Metromedia International Group, Inc. (the “Company”), issued and outstanding as of July 13, 2007, (y) the 240,000 Common Shares that are issuable on or prior to the expiration of this tender offer upon the exercise of all options to purchase Common Shares that are currently outstanding and exercisable and (z) the 700,000 Common Shares that are issuable on or prior to the expiration of this tender offer upon the exercise of all warrants to purchase Common Shares that are currently outstanding and exercisable.

x Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) of the Exchange Act 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:

$5,751.73

 

 

Form or Registration No.:

Schedule TO (Rule 14d-100)

 

 

Filing Party:

CaucusCom Mergerco Corp. and CaucusCom Ventures, L.P.

 

Date Filed:

July 18, 2007

 

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

o Check the appropriate boxes below to designate any transactions to which the statement relates.

x third-party tender offer subject to Rule 14d-1.

o issuer tender offer subject to Rule 13e-4.

o going-private transaction subject to Rule 13e-3.

oamendment 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: x

(Continued on following pages)

 

2

 

 

 

This Amendment No. 5 (this “Final Amendment”) further amends and supplements the Tender Offer Statement on Schedule TO originally filed with the Securities and Exchange Commission on July 18, 2007 (as subsequently amended and supplemented, the “Schedule TO”) in connection with the offer by CaucusCom Mergerco Corp. (“Purchaser”), a Delaware corporation and wholly-owned subsidiary of CaucusCom Ventures L.P., a British Virgin Islands limited partnership (“Parent”), to purchase all issued and outstanding shares of common stock, par value $0.01 per share (the “Common Shares”), of Metromedia International Group, Inc., a Delaware corporation (the “Company”), at a price of $1.80 per share, net to the seller in cash (subject to applicable withholding taxes), without interest thereon, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated July 18, 2007 (the “Offer to Purchase”), and in the related Letter of Transmittal (which, together with any supplements or amendments thereto, collectively constitute the “Offer”).

Except as otherwise specifically provided herein, this Final Amendment does not modify or supplement any of the information set forth in the Schedule TO. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Offer to Purchase.

 

ITEMS 1, 4, 8 and 11

 

 

Items 1, 4, 8 and 11 of the Schedule TO are hereby amended and supplemented by including the following:

“The Offer expired at 12:00 Midnight, New York City time, on August 21, 2007. As of the expiration of the Offer, a total of approximately 80,161,574 Common Shares (including 2,001,191 Common Shares that were tendered pursuant to guaranteed delivery procedures) were validly tendered into the Offer and not withdrawn. These Common Shares represent approximately 77.6% of outstanding Common Shares (including approximately 1.9% of outstanding Common Shares that were tendered pursuant to guaranteed delivery procedures). Following the expiration of the Offer, Purchaser accepted for payment all Common Shares validly tendered and not withdrawn pursuant to the Offer.

 

 

3

 

 

 

 

 

Pursuant to the Merger Agreement, on August 22, 2007, Purchaser merged with and into the Company, with the Company continuing as the Surviving Corporation and a subsidiary of Parent. At the effective time of the Merger, each Common Share outstanding immediately prior to the effective time of the Merger (other than Common Shares owned by Parent or Purchaser or held by the Company, and Common Shares held by holders who have demanded and perfected their appraisal rights under Delaware law) has been canceled and automatically converted into the right to receive $1.80 per share in cash, without interest, less any applicable withholding taxes. Each Preferred Share outstanding immediately prior to the effective time of the Merger remains outstanding following the Merger.
 

 

In order to complete the Merger under Delaware’s short-form merger statute, on August 22, 2007, Purchaser exercised the top-up option, pursuant to which Purchaser purchased, prior to the consummation of the Merger, 200,000,000 newly issued Common Shares at a purchase price per share equal to the price per share paid by Purchaser in the Offer.”
 

ITEM 12.

MATERIAL TO BE FILED AS EXHIBITS
 

 

The information set forth in Item 12 of the Schedule TO is amended and supplemented by adding the following exhibits:
 

(a)(1)(L)

Press release issued by Parent on August 22, 2007.
 

(a)(1)(M)

Press release issued by Parent on August 22, 2007.
 

 

 

4

 

 

 

SIGNATURES

After due inquiry and to the best of their knowledge and belief, the undersigned hereby certify, as of August 22, 2007, that the information set forth in this statement is true, complete and correct.

CAUCUSCOM MERGERCO CORP.

 

 

 

By:

/s/ Peter Nagle          

 

Name:

Peter Nagle

 

 

Title:

President

 

 

CAUCUSCOM VENTURES L.P.

 

 

By:

Caucus Carry Management L.P.,

 

its General Partner

 

 

 

By:

Caucus Telecom Management Ltd.,

 

its General Partner

 

 

 

By:

/s/ Peter Nagle          

 

Name:

Peter Nagle

 

 

Title:

Director

 

 

CAUCUS CARRY MANAGEMENT L.P.

 

 

By:

Caucus Telecom Management Ltd.,

 

its General Partner

 

 

 

By:

/s/ Peter Nagle          

 

Name: Peter Nagle

 

 

Title:

Director

 

 

CAUCUS TELECOM MANAGEMENT LTD.

 

 

 

By:

/s/ Peter Nagle          

 

Name:

Peter Nagle

 

 

Title:

Director

 

 

5

 

 

 

EXHIBIT INDEX

EXHIBIT NO.

DESCRIPTION

(a)(1)(A)

Offer to Purchase, dated July 18, 2007.

(a)(1)(B)

Letter of Transmittal.

(a)(1)(C)

Notice of Guaranteed Delivery.

(a)(1)(D)

Letter to Brokers, Dealers, Commercial Banks, Trust Companies and other Nominees.

(a)(1)(E)

Form of Letter to Clients for Use by Brokers, Dealers, Commercial Banks, Trust Companies and Nominees.

(a)(1)(F)

Guidelines for Certification of Taxpayer Identification Number on Substitute Form W-9.

(a)(1)(G)

Press release issued by the Company on July 17, 2007 (incorporated by reference to Exhibit 99.1 to the Current Report on Form 8-K filed by the Company on July 17, 2007).

(a)(1)(H)

Form of summary advertisement, published July 18, 2007.

(a)(1)(I)

Press release issued by Parent on August 10, 2007.

(a)(1)(J)

Press release issued by Parent on August 15, 2007.

(a)(1)(K)

Press release issued by Parent on August 21, 2007.

(a)(1)(L)

Press release issued by Parent on August 22, 2007.

(a)(1)(M)

Press release issued by Parent on August 22, 2007.

(d)(1)

Agreement and Plan of Merger, dated as of July 17, 2007, by and among Parent, Purchaser and the Company.

(d)(2)

Tender and Support Agreement, dated as of July 16, 2007, by and among Parent, Purchaser and certain stockholders of the Company named therein.

(d)(3)

Confidentiality Agreement, dated as of April 10, 2007, between the Company and Salford Georgia.

(d)(4)

Confidentiality Agreement, dated as of May 10, 2007, between the Company and Sun Capital Partners Ltd.

 

 

6

 

 

 

 

(d)(5)

Letter agreement, dated June 27, 2007, among the Company, Sun Capital Partners Ltd. and Compound Capital Limited.

(g)

Not applicable.

(h)

Not applicable.

 

 

7

 

EX-99.(A)(1)(L) 2 d21839_exa1l.htm

Exhibit (a)(1)(L)

 

CaucusCom Successfully Completes Tender Offer for Metromedia Common Stock

____________________________________________________

New York, August 22, 2007 – CaucusCom Ventures L.P. announced today the successful completion by its wholly owned subsidiary CaucusCom Mergerco Corp. (the “Offeror”) of its tender offer for all of the issued and outstanding shares of common stock of Metromedia International Group, Inc. (Pink Sheets: MTRM), at a price of $1.80 per share in cash. The Offeror commenced the tender offer on July 18, 2007 pursuant to a merger agreement with Metromedia. The tender offer expired at 12:00 midnight, New York City time, on Tuesday, August 21, 2007.

As of the expiration of the tender offer, a total of approximately 80,161,574 shares of Metromedia common stock (including 2,001,191 common shares that were tendered pursuant to guaranteed delivery procedures) were validly tendered into the tender offer and not withdrawn. These shares represent approximately 77.6% of Metromedia’s outstanding common shares (including approximately 1.9% of outstanding common shares that were tendered pursuant to guaranteed delivery procedures). All validly tendered common shares have been accepted for payment in accordance with the terms of the tender offer.

CaucusCom intends to complete the acquisition of Metromedia through a merger of the Offeror with and into Metromedia in accordance with the merger agreement.

ABOUT CAUCUSCOM VENTURES L.P.

CaucusCom Ventures L.P. is a holding company affiliated with Salford Georgia, the local Georgian office of Salford Capital Partners Inc., an international private equity and investment management firm based in the British Virgin Islands, and Compound Capital Limited, an international private investment firm based in Bermuda. Compound is a subsidiary of Sun Capital Partners Ltd., a U.K.-based private investment firm that is not affiliated with, and has no relationship to, the U.S.-based private investment firm Sun Capital Partners, Inc.

ABOUT METROMEDIA INTERNATIONAL GROUP, INC.

Through its wholly owned subsidiaries, Metromedia International Group, Inc. owns interests in several communications businesses in the country of Georgia. The Company’s core businesses include Magticom, Ltd., Georgia’s leading mobile telephony operator located in Tbilisi, Georgia, Telecom Georgia, a well-positioned Georgian long-distance telephony operator, and Telenet, a Georgian company providing Internet access, data communications, voice telephony and international access services.

 

 

FORWARD-LOOKING STATEMENTS

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act. Forward-looking statements made in this press release are subject to risks and uncertainties. Forward-looking statements include statements that are predictive in nature, which depend upon or refer to future events or conditions, which include words such as “believes,” “plans,” “anticipates,” “estimates,” “expects,” “intends,” “seeks” or similar expressions. In addition, any statements we may provide concerning future financial performance, ongoing business strategies or prospects, and possible future actions, including with respect to our strategy following completion of the offer and our plans with respect to Metromedia, are also forward-looking statements. Forward-looking statements are based on current expectations and projections about future events and are subject to risks, uncertainties and assumptions about Metromedia, economic and market factors and the industry in which Metromedia does business, among other things. You should not place undue reliance on forward-looking statements, which are based on current expectations, since, while CaucusCom believes the assumptions on which the forward-looking statements are based are reasonable, there can be no assurance that these forward-looking statements will prove accurate. This cautionary statement is applicable to all forward-looking statements contained in this press release. These statements are not guarantees of future performance. All forward-looking statements included in this press release are made as of the date hereof and, unless otherwise required by applicable law, we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual events and results may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors.

CONTACTS

For further information, please contact:

Sard Verbinnen & Co.

Kim Levy or Lesley Bogdanow

(212) 687-8080

 

Mellon Investor Services

Michael Battista or Margot Travers

(888) 823-4441 or collect: (201) 680-6578

 

 

2

 

EX-99.(A)(1)(M) 3 d21839_exa1m.htm

Exhibit (a)(1)(M)

 

 

CaucusCom Successfully Completes Acquisition of Metromedia

____________________________________________________

New York, August 22, 2007 – CaucusCom Ventures L.P. announced today that it has successfully completed the acquisition of Metromedia International Group, Inc. (Pink Sheets: MTRM) at a price of $1.80 per share in cash.

Pursuant to the merger agreement, dated July 17, 2007, between CaucusCom and Metromedia, CaucusCom Mergerco Corp., a wholly-owned subsidiary of CaucusCom Ventures, has been merged with and into Metromedia, with Metromedia continuing as the surviving corporation and a subsidiary of CaucusCom Ventures. The merger followed the successful completion of CaucusCom Mergerco Corp.’s tender offer for all of the issued and outstanding shares of common stock of Metromedia at $1.80 per share in cash, which expired at 12:00 midnight, New York City time, on Tuesday, August 21, 2007.

As a result of the merger, each common share of Metromedia outstanding immediately prior to the effective time of the merger (other than common shares held by stockholders who have demanded and perfected their appraisal rights under Delaware law) has been canceled and automatically converted into the right to receive $1.80 per share in cash, without interest (the same price per share paid in the tender offer). Each share of Metromedia's 7.25% cumulative convertible preferred stock outstanding immediately prior to the effective time of the merger (other than any preferred shares held by stockholders who have demanded and perfected their appraisal rights under Delaware law) remains outstanding following the merger.

ABOUT CAUCUSCOM VENTURES L.P.

CaucusCom Ventures L.P. is a holding company affiliated with Salford Georgia, the local Georgian office of Salford Capital Partners Inc., an international private equity and investment management firm based in the British Virgin Islands, and Compound Capital Limited, an international private investment firm based in Bermuda. Compound is a subsidiary of Sun Capital Partners Ltd., a U.K.-based private investment firm that is not affiliated with, and has no relationship to, the U.S.-based private investment firm Sun Capital Partners, Inc.

ABOUT METROMEDIA INTERNATIONAL GROUP, INC.

Through its wholly owned subsidiaries, Metromedia International Group, Inc. owns interests in several communications businesses in the country of Georgia. The Company’s core businesses include Magticom, Ltd., Georgia’s leading mobile telephony operator located in Tbilisi, Georgia, Telecom Georgia, a well-positioned Georgian long-distance telephony operator, and Telenet, a Georgian company providing Internet access, data communications, voice telephony and international access services.

FORWARD-LOOKING STATEMENTS

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act. Forward-looking

 

 

 

statements made in this press release are subject to risks and uncertainties. Forward-looking statements include statements that are predictive in nature, which depend upon or refer to future events or conditions, which include words such as “believes,” “plans,” “anticipates,” “estimates,” “expects,” “intends,” “seeks” or similar expressions. In addition, any statements we may provide concerning future financial performance, ongoing business strategies or prospects, and possible future actions, including with respect to our strategy following completion of the offer and our plans with respect to Metromedia, are also forward-looking statements. Forward-looking statements are based on current expectations and projections about future events and are subject to risks, uncertainties and assumptions about Metromedia, economic and market factors and the industry in which Metromedia does business, among other things. You should not place undue reliance on forward-looking statements, which are based on current expectations, since, while CaucusCom believes the assumptions on which the forward-looking statements are based are reasonable, there can be no assurance that these forward-looking statements will prove accurate. This cautionary statement is applicable to all forward-looking statements contained in this press release. These statements are not guarantees of future performance. All forward-looking statements included in this press release are made as of the date hereof and, unless otherwise required by applicable law, we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual events and results may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors.

CONTACTS

For further information, please contact:

Sard Verbinnen & Co.

Kim Levy or Lesley Bogdanow

(212) 687-8080

 

Mellon Investor Services

Michael Battista or Margot Travers

(888) 823-4441 or collect: (201) 680-6578

 

 

2

 

 

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