-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, UwCIYakRKUfL/oUUcw5/9clHSZnvh13VMWrky2cyzrbGZupa+EnIxT88rCIjNOAs LPdmDzxibhjfp6Ykl06vAg== 0000909518-94-000080.txt : 19940503 0000909518-94-000080.hdr.sgml : 19940503 ACCESSION NUMBER: 0000909518-94-000080 CONFORMED SUBMISSION TYPE: DEFC14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19940502 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KEMPER CORP CENTRAL INDEX KEY: 0000055195 STANDARD INDUSTRIAL CLASSIFICATION: 6311 IRS NUMBER: 366169781 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFC14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-10242 FILM NUMBER: 94525711 BUSINESS ADDRESS: STREET 1: ONE KEMPER DR CITY: LONG GROVE STATE: IL ZIP: 60049 BUSINESS PHONE: 7085402000 MAIL ADDRESS: STREET 1: ONE KEMPER DRIVE CITY: LONG GROVE STATE: IL ZIP: 60049 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL ELECTRIC CAPITAL CORP CENTRAL INDEX KEY: 0000040554 STANDARD INDUSTRIAL CLASSIFICATION: 6172 IRS NUMBER: 131500700 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFC14A BUSINESS ADDRESS: STREET 1: 260 LONG RIDGE RD CITY: STAMFORD STATE: CT ZIP: 06927 BUSINESS PHONE: 2033574000 FORMER COMPANY: FORMER CONFORMED NAME: GENERAL ELECTRIC CREDIT CORP DATE OF NAME CHANGE: 19871216 DEFC14A 1 LETTER SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------- SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 ------------- [_] Filed by the Registrant [x] Filed by a Party other than the Registrant Check the appropriate box: [_] Preliminary Proxy Statement [_] Definitive Proxy Statement [x] Definitive Additional Materials [_] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12 KEMPER CORPORATION - --------------------------------------------------------------------------- (Name of Registrant as Specified In Its Charter) GENERAL ELECTRIC CAPITAL CORPORATION - --------------------------------------------------------------------------- (Name of Person(s) Filing Proxy Statement) PAYMENT OF FILING FEE (Check the appropriate box): [_] $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), or 14a-6(i)(2). [_] $500 per each party to the controversy pursuant to Exchange Act Rule 14a-6(i)(3). [_] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11: * 4) Proposed maximum aggregate value of transaction: * Set forth the amount on which the filing fee is calculated and state how it was determined. [_] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: $ 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: [x] Filing Fee of $500 was previously paid on March 24, 1994, the date the Preliminary Proxy Statement was filed. GE Capital ---------------------------------------------------------------------- General Electric Capital Corporation 260 Long Ridge Road, Stamford, CT 06927 203 357-4000, Fx. 203 357-3400 May 2, 1994 Dear Kemper Shareholder: The Kemper Annual Meeting is next week. THE QUESTION BEFORE YOU IS CLEAR: DO YOU WANT KEMPER SOLD NOW FOR FULL AND FAIR VALUE? IF SO, SEND THAT MESSAGE TO KEMPER'S BOARD AND MANAGEMENT BY VOTING FOR THE ELECTION OF GE CAPITAL'S NOMINEES ON THE BLUE PROXY CARD TODAY. In making your decision, you should consider the following: (1) GE CAPITAL'S $55 PER SHARE PROPOSAL PROVIDES SHAREHOLDERS WITH A SIGNIFICANT PREMIUM. Our proposal is almost 40% over the market price of Kemper's common stock on January 26, 1994 ($38-3/8 per share), when we first approached Kemper's management and expressed our interest. ASK YOURSELF: Where would Kemper's stock be without the GE Capital proposal? (2) GE CAPITAL SHOULD BE GIVEN AN IMMEDIATE OPPORTUNITY TO REVIEW KEMPER'S REAL ESTATE PORTFOLIO TO DETERMINE IF A HIGHER PRICE IS WARRANTED. Kemper has said "NO". NO to our proposal -- and NO to sharing with us the information necessary to justify an increased price. Therefore, the question for you, Kemper shareholders, is: Should Kemper be sold now for full and fair value? We will follow your wishes. If we win, our nominees are committed to an immediate sale of Kemper for at least $55 per share. If not, we will withdraw our proposal. WE URGE YOU TO SIGN, DATE AND MAIL THE BLUE PROXY CARD TODAY. Very truly yours, /s/ Gary C. Wendt Gary C. Wendt President and Chief Executive Officer If you need additional information or assistance in voting your shares, please call D.F. King & Co., toll free at 1-800-859-8511. -----END PRIVACY-ENHANCED MESSAGE-----