-----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, H7aqCMs1TV8JXmGXN/r728zYaegjURO3iTtJVEcDhP0IqfdU/20kJRIld91Pn2CQ buW8trffscNxfgtWJHEiPg== 0001193125-05-196151.txt : 20060310 0001193125-05-196151.hdr.sgml : 20060310 20051004120213 ACCESSION NUMBER: 0001193125-05-196151 CONFORMED SUBMISSION TYPE: SC 13E3/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20051004 DATE AS OF CHANGE: 20060215 GROUP MEMBERS: BROOKSTONE HOLDINGS CORP. GROUP MEMBERS: CENTURY PRIVATE EQUITY HOLDINGS (S) PTE LTD GROUP MEMBERS: J.W. CHILDS ADVISORS III, L.P. GROUP MEMBERS: J.W. CHILDS ASSOCIATES, L.P. GROUP MEMBERS: J.W. CHILDS EQUITY PARTNERS III, L.P. GROUP MEMBERS: MICHAEL ANTHONY GROUP MEMBERS: OSIM BROOKSTONE HOLDINGS, INC. GROUP MEMBERS: OSIM BROOKSTONE HOLDINGS, L.P. GROUP MEMBERS: OSIM INTERNATIONAL LTD GROUP MEMBERS: PHILIP ROIZIN GROUP MEMBERS: SELETAR INVESTMENTS PTE LTD GROUP MEMBERS: TEMASEK CAPITAL (PRIVATE) LIMITED SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKSTONE INC CENTRAL INDEX KEY: 0000830134 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 061182895 STATE OF INCORPORATION: DE FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: SC 13E3/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43209 FILM NUMBER: 051120254 BUSINESS ADDRESS: STREET 1: ONE INNOVATION WAY CITY: MERRIMACK STATE: NH ZIP: 03054 BUSINESS PHONE: 603-880-9500 MAIL ADDRESS: STREET 1: ONE INNOVATION WAY CITY: MERRIMACK STATE: NH ZIP: 03054 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKSTONE INC CENTRAL INDEX KEY: 0000830134 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 061182895 STATE OF INCORPORATION: DE FISCAL YEAR END: 0130 FILING VALUES: FORM TYPE: SC 13E3/A BUSINESS ADDRESS: STREET 1: ONE INNOVATION WAY CITY: MERRIMACK STATE: NH ZIP: 03054 BUSINESS PHONE: 603-880-9500 MAIL ADDRESS: STREET 1: ONE INNOVATION WAY CITY: MERRIMACK STATE: NH ZIP: 03054 SC 13E3/A 1 dsc13e3a.htm AMENDMENT NO. 5 TO SCHEDULE 13E-3 Amendment No. 5 to Schedule 13E-3

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

SCHEDULE 13E-3

RULE 13e-3 TRANSACTION STATEMENT

(Pursuant to Section 13(e) of the Securities Exchange Act of 1934)

(Amendment No. 5)

 


 

BROOKSTONE, INC.

(Name of the Issuer)

 

Brookstone, Inc.

Brookstone Holdings Corp.

OSIM Brookstone Holdings, L.P.

OSIM Brookstone Holdings, Inc.

J.W. Childs Equity Partners III, L.P.

J.W. Childs Advisors III, L.P.

J.W. Childs Associates, L.P.

OSIM International Ltd

Century Private Equity Holdings (S) Pte Ltd

Seletar Investments Pte Ltd

Temasek Capital (Private) Limited

Michael Anthony

Philip Roizin

(Name of Person(s) Filing Statement)

 

Common Stock, par value $0.001 per share

(Title of Class of Securities)

 

114573103

(CUSIP Number of Class of Securities)

 

Brookstone, Inc.

One Innovation Way

Merrimack, New Hampshire 03054

(603) 880-9500

 

Brookstone Holdings Corp.

c/o J.W. Childs Associates, L.P.

111 Huntington Avenue - Suite 2900

Boston, MA 02199-7610

(617)753-1100

(Name, Address and Telephone Number of Persons Authorized to Receive Notices

and Communications on Behalf of Persons Filing Statement)

 

Copies to:

 

David Walek, Esq.

Jason Cole, Esq.

Ropes & Gray LLP

One International Place

Boston, MA 02110

(617) 951-7000

 

Stephen C. Koval, Esq.

Thomas Yadlon, Esq.

Kaye Scholer LLP

425 Park Avenue

New York, NY 10022

(212) 836-8000

 

This statement is filed in connection with (check the appropriate box):

 

a.      

x       The filing of solicitation materials or an information statement subject to Regulation 14A, Regulation 14C or Rule 13e-3(c) under the Securities Exchange Act of 1934 (the “Exchange Act”).

 

b.     

¨       The filing of a registration statement under the Securities Act of 1933.

 

c.      

¨       A tender offer.

 

d.     

¨       None of the above.

 

Check the following box if the soliciting materials or information statement referred to in checking box (a) are preliminary copies:  x

 

Check the following box if the filing is a final amendment reporting the results of the transaction:  ¨

 

Calculation of Filing Fee

 


Transaction Valuation*    Amount of Filing Fee**

$433,274,235

   $50,996.38

* Calculated solely for purposes of determining the filing fee. The transaction value was determined by adding (a) the product of (i) 20,428,452 shares of common stock, par value $0.001 per share of Brookstone, Inc. (“Brookstone common stock”) and (ii) $20.00; (b) the product of (i) 1,638,887 shares of Brookstone common stock subject to outstanding identified options and (ii) the excess of $20.00 over the per share exercise price with respect to each such identified option, (c) the product of (i) 156,274 shares of identified deferred stock awards and (ii) the excess of $20.00 over $0, the unpaid purchase price with respect to each such identified deferred stock award, and (d) the product of (i) 9,612 shares of identified restricted stock awards and (ii) the excess of $20.00 over $0, the unpaid purchase price with respect to each such identified restricted stock award.
** The filing fee was calculated by multiplying the transaction value by 0.0001177 in accordance with Section 13(e) of the Exchange Act and the Fee Rate Advisory #6 for Fiscal Year 2005.

 

x Check box if any part of the fee is offset as provided by Exchange Act 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: $52,291.96

  Filing Party: Brookstone, Inc.

Form or Registration No.: Schedule 14A

  Date Filed: May 24, 2005

 



Introduction

 

This Amendment No. 5 (the “Final Amendment”) to Rule 13E-3 Transaction Statement on Schedule 13E-3 (the “Statement”) is being filed by (1) Brookstone, Inc., a Delaware corporation (“Brookstone” or the “Company”), the issuer of common stock, par value $0.001 per share (the “Common Stock”), that is subject to the Rule 13e-3 transaction, (2) Brookstone Holdings Corp., a Delaware corporation (“Parent”), (3) OSIM Brookstone Holdings, L.P., a Cayman Islands limited partnership (“OSIM Holdings”), (4) OSIM Brookstone Holdings, Inc., a Cayman Islands corporation (“OSIM Inc.”), (5) J.W. Childs Equity Partners III, L.P. (“JWC Equity”), (6) J.W. Childs Advisors III, L.P. (“JWC Advisors”), (7) J.W. Childs Associates, L.P. (“JWC Associates”), (8) OSIM International Ltd (“OSIM”), (9) Century Private Equity Holdings (S) Pte Ltd (“Century Holdings”), (10) Seletar Investments Pte Ltd (“Seletar”), (11) Temasek Capital (Private) Limited (“Temasek”), (12) Michael Anthony, an individual, the Chairman, President and Chief Executive Officer of the Company, and (13) Philip Roizin, an individual, Executive Vice President, Finance and Administration of the Company (together with the Company, Parent, Acquisition, OSIM Holdings, OSIM Inc., JWC Equity, JWC Advisors, JWC Associates, OSIM, Century Holdings, Seletar, Temasek, Mr. Anthony and Mr. Roizin, the “Filing Persons”).

 

This Final Amendment is being filed pursuant to Rule 13e-3(d)(3) to report the results of the transaction which is the subject of the Statement. Except as set forth in this Final Amendment, all the information in Amendment No. 5 remains unchanged.

 

RESULTS OF THE TRANSACTION

 

On September 22, 2005, at the annual meeting of the Company’s stockholders, the Company’s stockholders voted to adopt the Agreement and Plan of Merger (the “Merger Agreement”), dated as of April 15, 2005, among Brookstone, Parent and Brookstone Acquisition Corp. (“Acquisition”), as amended by Amendment No. 1, dated as of July 15, 2005.

 

On October 4, 2005, the merger of Acquisition with and into Brookstone (the “Merger”) was consummated, with Brookstone continuing as the surviving corporation.

 

At the effective time of the Merger, each outstanding share of the Brookstone Common Stock was cancelled and converted into the right to receive $20.00 in cash, without interest. At the effective time of the Merger, each Brookstone stock option outstanding immediately prior to the effective time of the Merger was cancelled and in connection therewith, holders of Brookstone stock options that have been identified by Brookstone to Parent in the manner provided by the Merger Agreement and which were outstanding immediately prior to the effective time of the merger have the right to receive in cash, without interest, the product of (a) the excess, if any, of $20.00 over the exercise price per share of Brookstone Common Stock for such option and (b) the number of shares of Brookstone Common Stock then subject to such option. At the effective time of the Merger, each Brookstone deferred stock award and Brookstone restricted stock award outstanding immediately prior to the effective time of the Merger was cancelled and in connection therewith, holders of Brookstone deferred stock awards and restricted stock awards that have been identified by Brookstone to Parent in the manner provided by the Merger Agreement and which were outstanding immediately prior to the effective time of the Merger have the right to receive in cash, without interest, the product of (a) the excess, if any, of $20.00 over the unpaid purchase price per share of Brookstone Common Stock, if any, for such award and (b) the number of shares of Common Stock then subject to such award.

 

As a result of the Merger, current stockholders of the Company, other than Mr. Michael Anthony who has invested in equity securities of an affiliate of Parent, and certain other members of the Company’s management, including Philip Roizin, Alexander Winiecki, Gregory Sweeney, Rufus Woodard, Steven Strickland and Carol Lambert, who may in the future agree to invest in equity securities of an affiliate of Parent, no longer have any ownership interests in the Company or rights as stockholders of the Company, and will not participate in any future earnings or growth of the Company or benefit from any appreciation in value of the Company.

 

1


The terms and conditions of the Merger Agreement are described in the definitive Proxy Statement (the “Proxy Statement”), dated August 22, 2005, and filed with the Securities and Exchange Commission on August 22, 2005, pursuant to Regulation 14A of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

 

The cross references below are being supplied pursuant to General Instruction G to Schedule 13E-3 and show the location in the Proxy Statement of the information required to be included in response to the items of Schedule 13E-3. The information contained in the Proxy Statement, including all appendices thereto, is incorporated in its entirety herein by this reference, and the responses to each Item in this Schedule 13E-3 are qualified in their entirety by the information contained in the Proxy Statement.

 

All information contained in this Statement concerning any of the Filing Persons has been provided by such Filing Person and no other Filing Person, including the Company, takes responsibility for the accuracy of any information not supplied by such Filing Person.

 

The filing of this Statement shall not be construed as an admission by any Filing Person or by any affiliate of a Filing Person, that the Company is “controlled” by any other Filing Person, or that any other Filing Person is an “affiliate” of the Company within the meaning of Rule 13e-3 under Section 13(e) of the Exchange Act. The Filing Persons, other than Michael Anthony, Philip Roizin and the Company, do not believe they are required to file this Schedule 13E-3, but have filed it in light of Parent’s relationship with Michael Anthony, and the fact that they have noticed that in several instances involving similar transactions, persons similarly situated to them have filed a Schedule 13E-3.

 

2


SIGNATURES

 

After due inquiry and to the best knowledge and belief, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct.

 

Dated as of October 4, 2005

 

BROOKSTONE, INC.
By:   /S/    PHILIP W. ROIZIN        

Name:

 

Philip W. Roizin

Title:

  Executive Vice President, Finance and Administration

 

MICHAEL ANTHONY

/S/    MICHAEL ANTHONY        

 

PHILIP ROIZIN

/S/    PHILIP W. ROIZIN

 

BROOKSTONE HOLDINGS CORP.
By:   /S/    JAMES C. RHEE        

Name:

 

James C. Rhee

Title:

  Vice President

 

OSIM BROOKSTONE HOLDINGS, L.P.
By:   OSIM BROOKSTONE HOLDINGS, INC., its General Partner
By:   /S/    JAMES C. RHEE        

Name:

 

James C. Rhee

Title:

  Vice President

 

OSIM BROOKSTONE HOLDINGS, INC.
By:   /S/    JAMES C. RHEE        

Name:

 

James C. Rhee

Title:

  Vice President

 

J.W. CHILDS EQUITY PARTNERS III, L.P.

By:

 

J.W. Childs Advisors III, L.P., its General Partner

   

By:

 

J.W. Childs Associates, L.P., its General Partner

       

By:

 

J.W. Childs Associates, Inc., its General Partner

By:

 

/S/    JAMES C. RHEE        


Name:

 

James C. Rhee

Title:

 

Vice President

 

3


J.W. CHILDS ADVISORS III, L.P.

By:

 

J.W. Childs Associates, L.P., its General Partner

   

By:

 

J.W. Childs Associates, Inc., its General Partner

By:

 

/S/    JAMES C. RHEE        


Name:

 

James C. Rhee

Title:

 

Vice President

 

J.W. CHILDS ASSOCIATES, L.P.

By:

 

J.W. Childs Associates, Inc., its General Partner

By:

 

/S/    JAMES C. RHEE        


Name:

 

James C. Rhee

Title:

 

Vice President

 

OSIM INTERNATIONAL LTD

By:

 

/s/    RON SIM        


Name:

 

Ron Sim

Title:

 

Chairman and CEO

 

CENTURY PRIVATE EQUITY HOLDINGS (S) PTE LTD

By:

 

/S/    MARGARET LUI        


Name:

 

Margaret Lui

Title:

 

Authorized Representative

 

SELETAR INVESTMENTS PTE LTD

By:

 

/S/    MARGARET LUI        


Name:

 

Margaret Lui

Title:

 

Authorized Representative

 

TEMASEK CAPITAL (PRIVATE) LIMITED

By:

 

/S/    MARGARET LUI        


Name:

 

Margaret Lui

Title:

 

Authorized Representative

 

4

COVER 2 filename2.htm SEC Cover Letter

BROOKSTONE

 

October 4, 2005

 

VIA EDGAR TRANSMISSION

 

Securities and Exchange Commission

450 Fifth Street, N.W.

Washington, D.C. 20549

 

Re: Brookstone, Inc. Schedule 13E-3

 

Ladies and Gentlemen:

 

Brookstone, Inc., a Delaware corporation (the “Company”), hereby files via EDGAR, pursuant to Rule 13e-3(d)(3) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), Amendment No. 5 to Schedule 13E-3 in connection with the annual stockholders meeting of the Company relating to the proposed merger between the Company and Brookstone Acquisition Corp., a wholly owned subsidiary of Brookstone Holdings Corp. For your convenience, we are sending, by overnight courier, five courtesy copies of the enclosed materials.

 

The fee required to be paid pursuant to Rule 0-11(a) of the of the Exchange Act was paid in connection with the filing of the preliminary proxy statement and related filing fee by the Company on May 25, 2005.

 

A copy of this letter, together with the enclosed materials, is being delivered to The Nasdaq Stock Market, Inc.

 

If you have any questions or comments regarding the enclosed, please call David Walek (617-951-7388) or Jason Cole (617-951-7419) of Ropes & Gray LLP or the undersigned (603-577-8185). Please send copies of any communications regarding the enclosed to David Walek and Jason Cole of Ropes & Gray LLP at One International Place, Boston, MA 02110 (facsimile 617-951-7050) and to the undersigned.

 

Very truly yours,

 

/s/ Daniel J. Burke            

Name: Daniel J. Burke, Esq.

Title: General Counsel

 

cc: The Nasdaq Stock Market, Inc.

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