-----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, KKSqRsUXEi8pIoilL/29m5NqSrDKVuWzgBQzzwSFe605phoycsUrG56c1klE0fMX xpwNG7VKMM2TLrc0o/XNvg== 0000950168-02-003284.txt : 20021112 0000950168-02-003284.hdr.sgml : 20021111 20021112171705 ACCESSION NUMBER: 0000950168-02-003284 CONFORMED SUBMISSION TYPE: SC TO-C PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20021112 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FAC HOLDING CORP CENTRAL INDEX KEY: 0001205536 IRS NUMBER: 134219828 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-C BUSINESS ADDRESS: STREET 1: 3000 CENTRE SQUARE WEST STREET 2: 1500 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19102 BUSINESS PHONE: 2155632800 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HUNT CORP CENTRAL INDEX KEY: 0000049146 STANDARD INDUSTRIAL CLASSIFICATION: PENS, PENCILS & OTHER ARTISTS' MATERIALS [3950] IRS NUMBER: 210481254 STATE OF INCORPORATION: PA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: SC TO-C SEC ACT: 1934 Act SEC FILE NUMBER: 005-10075 FILM NUMBER: 02817942 BUSINESS ADDRESS: STREET 1: ONE COMMERCE SQ STREET 2: 2005 MARKET ST CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 2157327700 MAIL ADDRESS: STREET 1: ONE COMMERCE SQ STREET 2: 2005 MARKET ST CITY: PHILADELPHIA STATE: PA ZIP: 19103 FORMER COMPANY: FORMER CONFORMED NAME: HUNT MANUFACTURING CO DATE OF NAME CHANGE: 19920703 SC TO-C 1 dsctoc.htm TENDER OFFER STATEMENT Tender Offer Statement
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
Schedule to
(Rule 14d-100)
 
TENDER OFFER STATEMENT UNDER SECTION 14(D)(1)
OR SECTION 13(E)(1) OF THE SECURITIES EXCHANGE ACT OF 1934
 

 
Hunt Corporation
(Name of Subject Company (Issuer))
 
FAC Acquisition Corporation
a wholly owned subsidiary of
 
FAC Holding Corporation
 
Common Stock, Par Value $.01 per share
(Title of Class of Securities)
 

 
445591100
 
(CUSIP Number of Class of Securities)
 

 
Van Billet
Vice President and Chief Financial Officer
FAC Holding Corporation
3000 Centre Square West
1500 Market Street
Philadelphia, Pennsylvania 19102
Telephone: (215) 563-2800
(Name, address and telephone number of person authorized to receive  
notices and communications on behalf of filing persons)
 

 
With a copy to:
Carmen J. Romano Esq.
Dechert
4000 Bell Atlantic Tower
1717 Arch Street
Philadelphia, Pennsylvania 19103
Telephone: (215) 994-4000
 
¨    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: $ None Filing party: Not applicable
 
Form or Registration No.: Not applicable                          Date Filed: Not applicable
 
x    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: ¨
 


 
Item 12.
  
Exhibits
(a) (5) (A)
  
Press Release dated November 12, 2002
 
EXHIBIT INDEX
 
Exhibit

  
Exhibit Name

(a) (5) (A)
  
Press Release dated November 12, 2002
EX-99.A.5.A 3 dex99a5a.htm PRESS RELEASE PRESS RELEASE
BERWIND TO ACQUIRE HUNT CORPORATION
 
PHILADELPHIA, PA, November 12, 2002 – Hunt Corporation (NYSE:HUN) (“HUNT”), manufacturer and marketer of innovative office products, presentation and display solutions and art /framing supplies (brand names: BOSTON®, X-ACTO® and BIENFANG®), announced today that it had entered into a definitive agreement for the acquisition of all of the shares of Hunt for $12.50 per share in cash by a wholly-owned subsidiary of The Berwind Company LLC (“Berwind”). The Boards of Directors of both companies have unanimously approved the transaction.
 
Located in the Philadelphia area, Berwind is a global privately-owned organization that consists of a diversified group of operating companies representing 3,500 employees, approximately $1 billion in revenues, real estate investments of approximately $2 billion and funds under management of about $250 million. Berwind’s approach is to give management at its operating companies broad strategic and operating autonomy as well as supporting their efforts through ongoing capital investment.
 
Bradley P. Johnson, who the parties anticipate will remain as President & Chief Executive Officer of Hunt, stated, “We are elated that we will be part of the Berwind family of companies as this new relationship will allow us greater opportunity to grow Hunt. Berwind and Hunt look forward to a long relationship.”
 
Under the terms of the definitive agreement, a wholly-owned subsidiary of Berwind will commence a cash tender offer to acquire all of Hunt’s outstanding shares at a price of $12.50 per share. Following successful completion of the tender offer, any remaining outstanding shares of stock of Hunt will be acquired in a cash merger at the same price. The consummation of the transaction is subject to customary conditions including that at least a majority of the fully diluted shares are tendered in the tender offer, and the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
 
Certain shareholders of Hunt holding in the aggregate stock representing approximately 35% of the total outstanding shares of Hunt on a fully diluted basis have entered into a definitive agreement with Berwind under which they have agreed to tender their shares into the offer.
 
This announcement is neither an offer to purchase nor a solicitation of an offer to sell securities. The tender offer for the outstanding shares of Hunt common stock described in this announcement has not yet commenced. At the time the offer is commenced, Berwind’s subsidiary will file a tender offer statement with the SEC, and Hunt will file a solicitation/recommendation statement with respect to the offer. Hunt’s investors and security holders are urged to read each of the tender offer statement and the solicitation/recommendation statement referenced in this press release when it becomes available because it will contain important information about the transaction.


 
J.P. Morgan Securities Inc. advised Hunt in this transaction.
 
*                        *                         *
 
Caution Concerning Forward-Looking Statements
 
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Act of 1995. These forward-looking statements are found in various places throughout this press release and include, without limitation, statements concerning the results of operations and businesses of Hunt and, assuming the consummation of the transaction, the acquisition of Hunt by Berwind, as well as the expected timing and conditions to closing of the transaction. While these forward-looking statements represent our judgments and future expectations concerning the development of the business and the timing and consummation of the transaction, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. More detailed information about those factors is set forth in filings to be made by Hunt and Berwind with the SEC. Neither Hunt nor Berwind is under any obligation to (and expressly disclaims any such obligations to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
 
Where You Can Find Additional Information:
 
Investors and security holders may obtain a free copy of the tender offer statement and the solicitation/recommendation statement when it is available and other documents filed by Hunt and Berwind with the SEC at the SEC’s web site at www.sec.gov. The tender offer statement and the solicitation recommendation statement and these other documents may also be obtained free from Hunt, Berwind or the information agent.
 
Hunt Corporation, with operations in the United States and Canada, is an internationally recognized manufacturer and marketer of innovative office products and presentation and display solutions for business, education and consumer markets. Among the Company’s well-known product brand names are X-ACTO®, BOSTON® and BIENFANG®.
 
www.hunt-corp.com
www.berwind.com
 
Hunt Corporation Contact
Bradley P. Johnson, President & Chief Executive Officer, 215-841-2398
Dennis S. Pizzica, Vice President & Chief Financial Officer, 215-841-2398
 
Berwind Contact
Van Billet, Vice President & Chief Financial Officer, 215-575-2407
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