-----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, Nt53OpFBjdhf1lQ6jSEvL2FnhzC0GnP+Qvq1BSKmDAzkyG+XLkCCAsRPjXcPU2e1 RrJidvme6KQNIjWGv4nqhA== 0001193125-03-063679.txt : 20031020 0001193125-03-063679.hdr.sgml : 20031020 20031017202634 ACCESSION NUMBER: 0001193125-03-063679 CONFORMED SUBMISSION TYPE: SC TO-T/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20031020 GROUP MEMBERS: BUSINESS INTERNET, INC. GROUP MEMBERS: INTERMEDIA COMMUNICATIONS INC. GROUP MEMBERS: INTERMEDIA INVESTMENT, INC. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WORLDCOM INC CENTRAL INDEX KEY: 0000723527 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 581521612 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-T/A BUSINESS ADDRESS: STREET 1: 500 CLINTON CENTER DRIVE CITY: CLINTON STATE: MS ZIP: 39056 BUSINESS PHONE: 6014605600 FORMER COMPANY: FORMER CONFORMED NAME: MCI WORLDCOM INC DATE OF NAME CHANGE: 19980914 FORMER COMPANY: FORMER CONFORMED NAME: WORLDCOM INC /GA/ DATE OF NAME CHANGE: 19970127 FORMER COMPANY: FORMER CONFORMED NAME: LDDS COMMUNICATIONS INC /GA/ DATE OF NAME CHANGE: 19930916 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DIGEX INC/DE CENTRAL INDEX KEY: 0001085098 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 593582217 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-T/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-57127 FILM NUMBER: 03946960 BUSINESS ADDRESS: STREET 1: DIGEX, INC STREET 2: 14400 SWEITZER LANE CITY: LAUREL STATE: MD ZIP: 20707 BUSINESS PHONE: 2402642000 MAIL ADDRESS: STREET 1: 12050 BALTIMORE AVE CITY: BELTSVILLE STATE: MD ZIP: 20705 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DIGEX INC/DE CENTRAL INDEX KEY: 0001085098 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 593582217 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13E3/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-57127 FILM NUMBER: 03946961 BUSINESS ADDRESS: STREET 1: DIGEX, INC STREET 2: 14400 SWEITZER LANE CITY: LAUREL STATE: MD ZIP: 20707 BUSINESS PHONE: 2402642000 MAIL ADDRESS: STREET 1: 12050 BALTIMORE AVE CITY: BELTSVILLE STATE: MD ZIP: 20705 SC TO-T/A 1 dsctota.htm AMENDMENT NO. 4 TO SCHEDULE TO Amendment No. 4 to Schedule TO

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549             

 

 

SCHEDULE TO

 

(Rule 14d-100)

 

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

OF THE SECURITIES EXCHANGE ACT OF 1934

 

(AMENDMENT NO. 4)

 

 

DIGEX, INCORPORATED

(Name of Subject Company (Issuer))

 

 

WORLDCOM, INC.

INTERMEDIA COMMUNICATIONS INC.

BUSINESS INTERNET, INC.

INTERMEDIA INVESTMENT, INC.

(Name of Filing Persons – (Offeror and Other Persons))

 

 

CLASS A Common Stock, par value $.01 PER SHARE

(Title of Class of Securities)

 

 

253756 10 0

(CUSIP Number of Class of Securities)

 

 

Anastasia D. Kelly

Secretary

WorldCom, Inc.

22001 Loudoun County Parkway

Ashburn, VA 20147

Telephone: (703) 886-5600

(Name, Address and Telephone Number of Person

Authorized to Receive Notice and Communications on Behalf of Filing Person)

 

 

COPIES TO:

 

Steven D. Rubin, Esq.

Weil, Gotshal & Manges LLP

700 Louisiana, Suite 1600

Houston, TX 77002

Telephone: (713) 546-5000

 

 

CALCULATION OF FILING FEE*

 


Transaction Valuation    Amount of Filing Fee

$20,415,568.80    $1,652

 

* For purposes of calculating the filing fee only. The fee is $80.90 per $1,000,000 of the aggregate offering amount (or .00008090 of the aggregate transaction valuation), calculated pursuant to Rule 0-11 of the Securities Exchange Act of 1934, as amended by Fee Advisory #11 issued by the Commission on February 21, 2003. The amount assumes the purchase of 25,519,461 shares of Class A Common Stock of Digex, Incorporated for a purchase price per share of $0.80 in cash.

 

n 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:

   $1,652            Filing Party:            WorldCom, Inc.

Form or Registration No.:

   Schedule TO            Date Filed:            August 27, 2003

 

¨ 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:

 

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

 

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

 

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

 

  n 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:  ¨

 


 

(Continued on following pages)

(Page 1 of 11 pages)

 


SCHEDULE 13D

 

CUSIP No.

   Class A Common Stock: 253756 10 0    Page 2 of 11 Pages
     Class B Common Stock: 369385 20 8     

 


  1.    

Name of Reporting Person:

S.S. or I.R.S. Identification No. of above Person:    

 

WorldCom, Inc.

58-1521612


  2.  

Check the Appropriate Box if a Member of a Group:

(a)  x

(b)  ¨


  3.  

SEC Use Only:

 

   

  4.  

Source of Funds:

 

 

Class A Common Stock: WC, OO

Class B Common Stock: OO

 


  5.  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):

x


  6.  

Citizenship or Place of Organization:

 

 

Georgia

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power:

         Class A Common Stock: 39,350,000(1)

         Class B Common Stock: 39,350,000(2)


  8.    Shared Voting Power:

         None                

 


  9.    Sole Dispositive Power:

         Class A Common Stock: 39,350,000(1)

         Class B Common Stock: 39,350,000(2)


10.    Shared Dispositive Power:

         Class A Common Stock: 730,995(3)

 


11.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

Class A Common Stock: 40,080,995(4)

Class B Common Stock: 39,350,000(2)

   

12.  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

 

 

¨

 


13.  

Percent of Class Represented by Amount in Row (11):

Class A Common Stock: 61.1%(4)

Class B Common Stock: 100.0%(2)

   

14.  

Type of Reporting Person

CO

 

   

  (1) Includes shares of Class A Common Stock if shares of Class B Common Stock are converted.

 

  (2) Represents shares of Class B Common Stock held of record by Intermedia Investment, Inc., a wholly owned subsidiary of Business Internet, Inc., which is a wholly owned subsidiary of Intermedia Communications Inc., which is a directly owned subsidiary of WorldCom.

 

  (3) Represents shares of Class A Common Stock issuable upon conversion of 50,000 shares of Series A Convertible Preferred Stock owned directly by HPQ Holdings, LLC, a wholly owned subsidiary of Hewlett-Packard Company, which shares WorldCom has agreed to purchase pursuant to the terms of a Stock Purchase Agreement dated July 23, 2003, by and among WorldCom, Hewlett-Packard and HPQ Holdings. So long as the Stock Purchase Agreement is in effect, HPQ is prohibited from selling or otherwise transferring the Series A Convertible Preferred Stock.

 

  (4) Includes shares of Class A Common Stock if shares of Class B Common Stock are converted and shares of Class A Common Stock issuable upon conversion of 50,000 shares of Series A Convertible Preferred Stock owned by HPQ Holdings, LLC. See notes (1) and (3) above.

 


SCHEDULE 13D

 

CUSIP No.

   Class A Common Stock: 253756 10 0    Page 3 of 11 Pages
     Class B Common Stock: 369385 20 8     

 


  1.    

Name of Reporting Person:

S.S. or I.R.S. Identification No. of above Person:    

 

Intermedia Communications Inc.

59-2913586


  2.  

Check the Appropriate Box if a Member of a Group:

(a)  x

(b)  ¨


  3.  

SEC Use Only:

 

   

  4.  

Source of Funds:

 

 

Class A Common Stock: OO

Class B Common Stock: OO

 


  5.  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e):

x


  6.  

Citizenship or Place of Organization:

 

 

Delaware

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power:

         Class A Common Stock: 39,350,000(1)

         Class B Common Stock: 39,350,000(2)


  8.    Shared Voting Power:

         None                

 


  9.    Sole Dispositive Power:

         Class A Common Stock: 39,350,000(1)

         Class B Common Stock: 39,350,000(2)


10.    Shared Dispositive Power:

         None

 


11.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

Class A Common Stock: 39,350,000(1)

Class B Common Stock: 39,350,000(2)

   

12.  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

 

 

¨

 


13.  

Percent of Class Represented by Amount in Row (11):

Class A Common Stock: 60.7%(1)

Class B Common Stock: 100.0%(2)

   

14.  

Type of Reporting Person

CO

 

   

  (1) Represents shares of Class A Common Stock if shares of Class B Common Stock are converted.

 

  (2) Represents shares of Class B Common Stock held of record by Intermedia Investment, Inc., a wholly owned subsidiary of Business Internet, Inc., which is a wholly owned subsidiary of Intermedia Communications Inc.

 


SCHEDULE 13D

 

CUSIP No.

   Class A Common Stock: 253756 10 0    Page 4 of 11 Pages
     Class B Common Stock: 369385 20 8     

 


  1.    

Name of Reporting Person:

S.S. or I.R.S. Identification No. of above Person:    

 

Business Internet, Inc.

52-1986462


  2.  

Check the Appropriate Box if a Member of a Group:

(a)  x

(b)  ¨


  3.  

SEC Use Only:

 

   

  4.  

Source of Funds:

 

 

Class A Common Stock: OO

Class B Common Stock: OO


  5.  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):

 

x


  6.  

Citizenship or Place of Organization:

 

 

Delaware

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power:

         Class A Common Stock: 39,350,000(1)

         Class B Common Stock: 39,350,000(2)


  8.    Shared Voting Power:

         None                

 


  9.    Sole Dispositive Power:

         Class A Common Stock: 39,350,000(1)

         Class B Common Stock: 39,350,000(2)


10.    Shared Dispositive Power:

         None

 


11.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

Class A Common Stock: 39,350,000(1)

Class B Common Stock: 39,350,000(2)

   

12.  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

 

 

¨

 


13.  

Percent of Class Represented by Amount in Row (11):

Class A Common Stock: 60.7%(1)

Class B Common Stock: 100.0%(2)

   

14.  

Type of Reporting Person

CO

 

   

  (1) Represents shares of Class A Common Stock if shares of Class B Common Stock are converted.

 

  (2) Represents shares of Class B Common Stock held of record by Intermedia Investment, Inc., which is a wholly owned subsidiary of Business Internet, Inc.
 


SCHEDULE 13D

 

CUSIP No.

   Class A Common Stock: 253756 10 0    Page 5 of 11 Pages
     Class B Common Stock: 369385 20 8     

 


  1.    

Name of Reporting Person:

S.S. or I.R.S. Identification No. of above Person:    

 

Intermedia Investment, Inc.

59-3677137


  2.  

Check the Appropriate Box if a Member of a Group:

(a)  x

(b)  ¨


  3.  

SEC Use Only:

 

   

  4.  

Source of Funds:

 

 

Class A Common Stock: OO

Class B Common Stock: OO


  5.  

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):

x


  6.  

Citizenship or Place of Organization:

 

 

Delaware

 


NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7.    Sole Voting Power:

         Class A Common Stock: 39,350,000(1)

         Class B Common Stock: 39,350,000


  8.    Shared Voting Power:

         None                

 


  9.    Sole Dispositive Power:

         Class A Common Stock: 39,350,000(1)

         Class B Common Stock: 39,350,000


10.    Shared Dispositive Power:

         None

 


11.  

Aggregate Amount Beneficially Owned by Each Reporting Person:

Class A Common Stock: 39,350,000(1)

Class B Common Stock: 39,350,000

   

12.  

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares:

 

 

¨

 


13.  

Percent of Class Represented by Amount in Row (11):

Class A Common Stock: 60.7%(1)

Class B Common Stock: 100.0%

   

14.  

Type of Reporting Person

CO

 

   

  (1) Represents shares of Class A Common Stock if shares of Class B Common Stock are converted.

 


SCHEDULE TO

 

This Amendment No. 4 (this “Amendment”) amends and/or supplements the Tender Offer Statement and Schedule 13E-3 Transaction Statement on Schedule TO filed with the Securities and Exchange Commission (the “Commission”) on August 27, 2003, as amended and/or supplemented by Amendment No. 1 filed with the Commission on September 23, 2003, Amendment No. 2 filed with the Commission on October 6, 2003 and Amendment No. 3 filed with the Commission on October 14, 2003 (as so amended and/or supplemented, the “Schedule TO”), by WorldCom, Inc., a Georgia Corporation (“MCI”), Intermedia Communications Inc., a Delaware corporation and subsidiary of MCI (“Intermedia”), Business Internet, Inc., a Delaware corporation and wholly owned subsidiary of Intermedia (“Business Internet”), and Intermedia Investment, Inc., a Delaware corporation and wholly owned subsidiary of Business Internet (“Intermedia Investment”). The Schedule TO, along with this Amendment, relates to the offer by MCI to purchase all of the outstanding shares of Class A Common Stock, par value $.01 per share (the “Class A Common Stock”), of Digex, Incorporated (“Digex”), at a price of $0.80 per share, net to the seller in cash, without interest thereon, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated August 27, 2003, as amended (the “Offer to Purchase”) and in the related Letter of Transmittal (which, together with any supplements or amendments, collectively constitute the “Offer”). The item numbers and responses thereto below are in accordance with the requirements of Schedule TO. Any capitalized term used and not otherwise defined herein has the meaning given to such term in the Offer to Purchase.

 

The information set forth in the Offer to Purchase and the related Letter of Transmittal is expressly incorporated herein by reference in response to all Items of this Amendment, including without limitation all of the information required by Schedule 13E-3 that is not included in or covered by the items in the Schedule TO, except as set forth below. In addition, the information set forth in Items 1 through 13 of the Schedule TO are incorporated herein by reference with respect to Items 1 through 13 of this Amendment, except those Items as to which information specifically provided herein is relevant, in which case the information contained in the Schedule TO is incorporated herein by reference in partial answer to those Items unless otherwise noted hereto.

 

For the purpose of this Amendment, all references to the Offer to Purchase that are expressly set forth in this Amendment or incorporated herein by reference from other documents specifically refer to the Offer to Purchase dated August 27, 2003, as amended, unless otherwise stated herein.

 

This Amendment also constitutes the amendment to the Schedule 13E-3 and the Schedule 13D/A filed by and on behalf of MCI, Intermedia, Business Internet and Intermedia Investment.

 

 

ITEMS 1-11, 13.

 

The Schedule TO is hereby amended and supplemented by adding the following disclosure, as appropriate, for Items 1-11 and 13 thereof:

 

On October 17, 2003, MCI extended the Offer until 5:00 p.m., New York City time, on October 31, 2003. The text of a press release issued by MCI on October 17, 2003 announcing the extension of the Offer is attached hereto as Exhibit (a)(10) and is incorporated herein by reference.

 

 

ITEM 12.   EXHIBITS.

 

(a)(10)   Text of press release issued by MCI on October 17, 2003 announcing the extension of the Offer.

 

6


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.

 

Dated: October 17, 2003

 

WORLDCOM, INC.

By:

   /S/    ANASTASIA D. KELLY
    

Name:

   Anastasia D. Kelly

Title:

   Executive Vice President, General Counsel and Secretary


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.

 

Dated: October 17, 2003

 

INTERMEDIA COMMUNICATIONS INC.

By:

   /S/    ANASTASIA D. KELLY
    

Name:

   Anastasia D. Kelly

Title:

   Secretary


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.

 

Dated: October 17, 2003

 

BUSINESS INTERNET, INC.

By:

   /S/    ANASTASIA D. KELLY
    

Name:

   Anastasia D. Kelly

Title:

   Secretary


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.

 

Dated: October 17, 2003

 

INTERMEDIA INVESTMENT, INC.

By:

   /S/    ANASTASIA D. KELLY
    

Name:

   Anastasia D. Kelly

Title:

   Secretary


EXHIBIT INDEX

 

 

EXHIBIT NO.


  

DESCRIPTION


(a)(10)

   Text of press release issued by MCI on October 17, 2003 announcing the extension of the Offer.
EX-99.(A)(10) 3 dex99a10.htm TEXT OF PRESS RELEASE ISSUES BY MCI ON OCTOBER 17, 2003 Text of press release issues by MCI on October 17, 2003

Exhibit (a)(10)

 

FOR IMMEDIATE RELEASE

 

 

CONTACTS:    MCI
     Claire Hassett
     1-800-644-NEWS

 

 

MCI EXTENDS TENDER OFFER

FOR CLASS A COMMON STOCK OF DIGEX

 

ASHBURN, Va.—October 17, 2003—MCI (WCOEQ, MCWEQ) today announced that it has extended the deadline for its tender offer for all of the outstanding shares of Class A Common Stock of Digex, Incorporated (OTCBB: DIGX) for $0.80 per share net to the seller in cash. The tender offer, as extended, will now expire at 5:00 p.m., New York City time, on October 31, 2003. The tender offer was scheduled to expire at 5:00 p.m., New York City time, on October 17, 2003. As of the date hereof, approximately 9,590,119 shares of Class A Common Stock have been validly tendered (and not properly withdrawn).

 

MCI’s tender offer remains subject to further extension. Any such extension will be followed as promptly as practicable by public announcement thereof, and such announcement will be made no later than 9:00 a.m., New York City time, on the next business day after the previously scheduled expiration date. Stockholders of Digex have the right to withdraw shares of Class A Common Stock that have been tendered until the expiration date of the tender offer, as extended. MCI may retain the shares of Class A Common Stock that have been tendered and not withdrawn until the expiration of the tender offer as extended.

 

Georgeson Shareholder Communications Inc. is acting as the Information Agent in connection with the tender offer and can be contacted at (212) 440-9800 (for banks and brokers) or (866) 295-8105 (toll free for all others).

 

Documentation relating to the offer, may be obtained free of charge at the SEC’s web site, www.sec.gov, or by contacting Georgeson Shareholder Communications. Digex stockholders and other interested parties are urged to read the documentation relating to the offer because it contains important information.

 

 

ABOUT WORLDCOM, INC.

WorldCom, Inc. (WCOEQ, MCWEQ), which currently conducts business under the MCI brand name, is a leading global communications provider, delivering innovative, cost-effective, advanced communications connectivity to businesses, governments and consumers. With the industry’s most expansive global IP backbone, based on company-owned POPs, and wholly-owned data networks, WorldCom develops the converged communications products and services that are the foundation for commerce and communications in today’s market. For more information, go to http://www.mci.com.

 

 

ABOUT DIGEX

Digex is a leading provider of enterprise hosting services. Digex customers, from Fortune 1000 companies to leading Internet-based businesses, leverage Digex’s trusted infrastructure and advanced services to successfully deploy business-critical and mission-critical Web sites, enterprise applications and Web Services on the Internet. Additional information on Digex is available at www.digex.com.

 

 

###

 

-----END PRIVACY-ENHANCED MESSAGE-----