0000950172-01-500961.txt : 20011018
0000950172-01-500961.hdr.sgml : 20011018
ACCESSION NUMBER: 0000950172-01-500961
CONFORMED SUBMISSION TYPE: SC TO-T/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20011010
GROUP MEMBERS: TEMPLE INLAND ACQUISITION CORPORATION
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: GAYLORD CONTAINER CORP /DE/
CENTRAL INDEX KEY: 0000812700
STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD CONTAINERS & BOXES [2650]
IRS NUMBER: 363472452
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
FILING VALUES:
FORM TYPE: SC TO-T/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-39843
FILM NUMBER: 1756427
BUSINESS ADDRESS:
STREET 1: 500 LAKE COOK RD STE 400
CITY: DEERFIELD
STATE: IL
ZIP: 60015
BUSINESS PHONE: 7084055500
MAIL ADDRESS:
STREET 1: 500 LAKE COOK ROADE
STREET 2: SUITE 400
CITY: DEERFIELD
STATE: IL
ZIP: 60015
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: TEMPLE INLAND INC
CENTRAL INDEX KEY: 0000731939
STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD MILLS [2631]
IRS NUMBER: 751903917
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1230
FILING VALUES:
FORM TYPE: SC TO-T/A
BUSINESS ADDRESS:
STREET 1: 303 S TEMPLE DR
STREET 2: P.O. DRAWER N
CITY: DIBOLL
STATE: TX
ZIP: 75941
BUSINESS PHONE: 9368295511
MAIL ADDRESS:
STREET 1: 303 SOUTH TEMPLE DR
CITY: DIBOLL
STATE: TX
ZIP: 75941
SC TO-T/A
1
s337773.txt
SC TO-T/A
================================================================================
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. 2)
---------------
GAYLORD CONTAINER CORPORATION
(Name of Subject Company (Issuer))
TEMPLE-INLAND ACQUISITION CORPORATION
an indirect, wholly-owned subsidiary of
TEMPLE-INLAND INC.
(Names of Filing Persons (Offerors))
Class A Common Stock, par value $.0001 per share
(Including the Associated Rights to Purchase Preferred Stock)
(Title of Class of Securities)
368145108
(CUSIP Number of Class of Securities)
M. Richard Warner, Esq.
Temple-Inland Inc.
303 South Temple Drive
Diboll, TX 75941
(936) 829-5511
(Name, Address and Telephone Number of Person Authorized
To Receive Notices and Communications on Behalf of the Filing Persons)
Copy to:
Stephen W. Hamilton, Esq.
Skadden, Arps, Slate, Meagher & Flom LLP
1440 New York Avenue, N.W.
Washington, D.C. 20005
(202) 371-7000
|_| 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: |_|
================================================================================
This Amendment No. 2 (this "Amendment") amends and supplements the
Tender Offer Statement on Schedule TO filed with the Securities and
Exchange Commission on September 28, 2001 (as amended, the "Schedule TO")
by Temple-Inland Acquisition Corporation, a Delaware corporation (the
"Purchaser"), and Temple-Inland Inc. a Delaware corporation (the "Parent"),
relating to the offer to purchase all outstanding shares of Class A Common
Stock, par value $.0001 per share (the "Common Stock"), of Gaylord
Container Corporation, a Delaware corporation (the "Company"), including
the associated rights to purchase preferred stock issued pursuant to the
Rights Agreement (as defined in the Offer to Purchase) (the "Rights" and,
together with the Common Stock, the "Shares"), at a price of $1.80 per
Share, net to the seller in cash, without interest, upon the terms and
subject to the conditions set forth in the Offer to Purchase, dated
September 28, 2001 (the "Offer to Purchase"), and in the related Letter of
Transmittal (which, together with the Offer to Purchase, as either may be
amended or supplemented from time to time, collectively constitute the
"Offer"), copies of which are attached to and filed with the Schedule TO as
Exhibits (a)(1) and (a)(2), respectively. The Offer is made pursuant to an
Agreement and Plan of Merger, dated as of September 27, 2001 (the "Merger
Agreement"), among the Parent, the Purchaser and the Company, which
contemplates the merger (the "Merger") of the Purchaser with and into the
Company. Any capitalized term used and not otherwise defined herein shall
have the meaning ascribed to such term in the Offer to Purchase.
ITEM 4. TERMS OF THE TRANSACTION AND
ITEM 11. ADDITIONAL INFORMATION
Items 4 and 11 of the Schedule TO, which incorporate by reference
the information in section 15 of the Offer to Purchase ("Certain Conditions
to the Offer"), are hereby amended and supplemented by deleting the last
paragraph of section 15 of the Offer to Purchase in its entirety and
replacing it with the following:
"The foregoing conditions are for the sole benefit of Parent and
the Purchaser, may be waived by Parent or the Purchaser, in whole or in
part, at any time and from time to time in the sole discretion of Parent or
the Purchaser; provided that the determination of the satisfaction or
waiver of all conditions, other than those involving receipt of government
approvals, will be made on or before the Expiration Date. The failure by
Parent or the Purchaser at any time to exercise any of the foregoing rights
shall not be deemed a waiver of any such right and each such right shall be
deemed an ongoing right which may be asserted at any time and from time to
time as set forth in the immediately preceding sentence."
ITEM 11. ADDITIONAL INFORMATION.
Item 11 of the Schedule TO is hereby amended and supplemented by
adding the following thereto:
On October 9, 2001, the plaintiffs in the lawsuit entitled
Absolute Recovery Hedge Fund, L.P., et al. v. Gaylord Container Corp., et
al. (Civ. No. 01-CV-8811 (LAK)), a copy of which is attached to and filed
with the Schedule TO as Exhibit (a)(9), filed a Motion for a Temporary
Restraining Order. The plaintiffs seek a temporary restraining order
preventing the Company, the Purchaser, Parent and the trustees under the
indentures related to the Company's 9-3/4% Senior Notes due 2007 and 9-3/8%
Senior Notes due 2007 (collectively, the "Senior Notes") from: (1)
accepting, or causing acceptance for payment of, any and all of the Shares
and the Senior Notes tendered pursuant to the Offer and notes tender
offers; (2) accepting consents with respect to the proposed amendments to
the Senior Notes and the indentures related thereto, giving notice to the
depositary, The Depository Trust Company, and announcing the withdrawal
deadline with respect to the consent solicitation for the Senior Notes; (3)
amending, supplementing and/or modifying the terms, in any manner, of the
indentures related to the Senior Notes; and (4) consummating the Merger.
On October 10, 2001, the Parent and the Purchaser filed papers in
opposition to the Motion for Temporary Restraining Order.
SIGNATURES
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.
TEMPLE-INLAND INC.
By: /s/ M. Richard Warner
-------------------------------
Name: M. Richard Warner
Title: Vice President and Chief
Administrative Officer
TEMPLE-INLAND ACQUISITION CORPORATION
By: /s/ M. Richard Warner
-------------------------------
Name: M. Richard Warner
Title: Vice President and Chief
Administrative Officer
Date: October 10, 2001