-----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, LuaucCuw/E7bYcJxDHD/yUxUp3sL5NxdabSO57qpOMlvqlIcaO86LpuMhh6G/mFJ P5oPuCDskHKAoNjqJd+PJQ== 0001012870-99-000092.txt : 19990113 0001012870-99-000092.hdr.sgml : 19990113 ACCESSION NUMBER: 0001012870-99-000092 CONFORMED SUBMISSION TYPE: SC 14D9/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19990112 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: QUICKTURN DESIGN SYSTEMS INC CENTRAL INDEX KEY: 0000914252 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 770159619 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D9/A SEC ACT: SEC FILE NUMBER: 005-43785 FILM NUMBER: 99505085 BUSINESS ADDRESS: STREET 1: 55 W TRIMBLE ROAD CITY: SAN JOSE STATE: CA ZIP: 951311013 BUSINESS PHONE: 4089146000 MAIL ADDRESS: STREET 1: 55 W TRIMBLE ROAD CITY: SAN JOSE STATE: CA ZIP: 95131-1013 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CADENCE DESIGN SYSTEMS INC CENTRAL INDEX KEY: 0000813672 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770148231 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D9/A BUSINESS ADDRESS: STREET 1: 2655 SEELY ROAD BLDG 5 CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4089431234 MAIL ADDRESS: STREET 1: 555 RIVER OAKS PARKWAY CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: ECAD INC /DE/ DATE OF NAME CHANGE: 19880609 SC 14D9/A 1 AMENDMENT #1 TO SCHEDULE 14D-9 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 __________________ SCHEDULE 14D-9 (AMENDMENT NO. 1) Solicitation/Recommendation Statement Pursuant to SECTION 14(d)(4) OF THE SECURITIES EXCHANGE ACT OF 1934 QUICKTURN DESIGN SYSTEMS, INC. (Name of Subject Company) CADENCE DESIGN SYSTEMS, INC. (Name of Person(s) Filing Statement) COMMON STOCK, PAR VALUE $.001 PER SHARE (including the associated preferred stock purchase rights) (Title of Class of Securities) 74838E102 (CUSIP Number of Class of Securities) R.L. SMITH MCKEITHEN SENIOR VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY CADENCE DESIGN SYSTEMS, INC. 2655 SEELY AVENUE BUILDING 5 SAN JOSE, CALIFORNIA 95134 (408) 943-1234 (Name, address and telephone number of person authorized to receive notice and communications on behalf of person(s) filing statement) COPY TO: KENNETH R. LAMB, ESQ. GREGORY J. CONKLIN, ESQ. GIBSON, DUNN & CRUTCHER LLP ONE MONTGOMERY STREET TELESIS TOWER SAN FRANCISCO, CALIFORNIA 94104 (415) 393-8200 INTRODUCTION The Solicitation/Recommendation Statement on Schedule 14D-9 (the "Schedule 14D- 9") originally filed on January 7, 1999, by Cadence Design Systems, Inc., a Delaware corporation ("Cadence"), relates to an offer by Mentor Graphics Corporation, an Oregon corporation ("Mentor") and MGZ Corp., a Delaware corporation and a wholly-owned subsidiary of Mentor, to purchase the outstanding shares of the common stock, par value $.001 per share (including the associated preferred stock purchase rights) of Quickturn Design Systems, Inc., a Delaware corporation ("Quickturn"). All capitalized terms used herein without definition have the respective meanings set forth in the Schedule 14D-9. ITEM 2. TENDER OFFER OF THE BIDDER Item 2(b) is hereby amended by adding the following paragraph at the end of Item 2(b): On January 8, 1999, Mentor announced that it had withdrawn its call for a special meeting of Quickturn stockholders and terminated the Mentor Offer, its proxy solicitation and its proposal to acquire Quickturn. In addition, on January 11, 1999, Cadence and Quickturn issued the attached joint press release. ITEM 9. MATERIALS TO BE FILED AS EXHIBITS Exhibit 11 Joint Press Release of Cadence and Quickturn, dated January 11, 1999. SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: January 12, 1999 CADENCE DESIGN SYSTEMS, INC. By: /s/ R.L. Smith McKeithen ------------------------------------------ R.L. Smith McKeithen Senior Vice President, General Counsel and Secretary EX-11 2 PRESS RELEASE OF CADENCE, DATED 1/11/99 EXHIBIT 11 FOR IMMEDIATE RELEASE HART-SCOTT-RODINO WAITING PERIOD EXPIRES FOR CADENCE - QUICKTURN MERGER SAN JOSE, Calif., January 11, 1998 -- Cadence Design Systems, Inc. (NYSE: CDN) and Quickturn Design Systems, Inc. (Nasdaq: QKTN) announced today that, in connection with their previously announced merger agreement, the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired without a request for additional documents or information. The transaction remains subject to Quickturn stockholder approval and certain other conditions outlined in the merger agreement. As previously announced on January 5, 1999, Cadence and Quickturn amended their definitive merger agreement to increase to $15 from $14 the amount of Cadence stock that Quickturn stockholders will receive for each Quickturn share they own. Under terms of the Cadence-Quickturn merger agreement, Cadence will acquire Quickturn in a tax-free, stock-for-stock transaction with an aggregate purchase price of approximately $271 million for all of the outstanding shares of Quickturn. Quickturn Design Systems, Inc. is the leading provider of verification products and time-to-market engineering (TtMETM) services for the design of complex ICs and electronic systems. The company's products are used worldwide by developers of high-performance computing, multimedia, graphics and communications systems. Quickturn is headquartered at 55 W. Trimble Road, San Jose, CA 95131-1013; Telephone: 408/914-6000. For more information, visit the Quickturn Web site at www.quickturn.com or send e-mail to info@quickturn.com. Cadence Design Systems, Inc. provides comprehensive services and software for the product development requirements of the world's leading electronics companies. Cadence is the largest supplier of software products, consulting services, and design services used to accelerate and manage the design of semiconductors, computer systems, networking and telecommunications equipment, consumer electronics, and a variety of other electronic-based products. With more than 4,000 employees and 1997 annual sales of $916 milion, Cadence has sales offices, design centers, and research facilities around the world. The company is headquartered in San Jose, Calif. and traded on the New York Stock Exchange under the symbol CDN. More information about the company, its products and services may be obtained from the World Wide Web at http://www.cadence.com. # # # Contacts: Cadence Design Systems, Inc. Quickturn Design Systems, Inc. Ray Bingham (Investors) Ray Ostby (408) 944-7503 (408) 914-6000 Laurie Stanley (408) 428-5019 Gavin Anderson & Co. Abernathy MacGregor Frank Robert Mead Pauline Yoshihashi / Matt Sherman (212) 373-0226 (213) 630-6550 / (212) 371-5999
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