-----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, SY2+mAtYl05VlAoj0IuXZ57eEuDxriFOOpG5x+8UuMjxvFBj6z7GmcP5GoX88TT6 gS9rKmnKHU2K877ZuF7RYw== 0000950172-97-000561.txt : 19970610 0000950172-97-000561.hdr.sgml : 19970610 ACCESSION NUMBER: 0000950172-97-000561 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19970609 SROS: NONE GROUP MEMBERS: CHEER ACQUISITION CORP. GROUP MEMBERS: RIDDELL SPORTS INC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VARSITY SPIRIT CORPORATION CENTRAL INDEX KEY: 0000881887 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', AND JUNIORS OUTERWEAR [2330] IRS NUMBER: 621169661 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43913 FILM NUMBER: 97620916 BUSINESS ADDRESS: STREET 1: 2525 HORIZON LAKE DR STREET 2: SUITE 1 CITY: MEMPHIS STATE: TN ZIP: 38133 BUSINESS PHONE: 9013874300 MAIL ADDRESS: STREET 1: PO BOX 341609 CITY: MEMPHIS STATE: TN ZIP: 38184-1609 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VARSITY SPIRIT CORPORATION CENTRAL INDEX KEY: 0000881887 STANDARD INDUSTRIAL CLASSIFICATION: WOMEN'S, MISSES', AND JUNIORS OUTERWEAR [2330] IRS NUMBER: 621169661 STATE OF INCORPORATION: TN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-43913 FILM NUMBER: 97620917 BUSINESS ADDRESS: STREET 1: 2525 HORIZON LAKE DR STREET 2: SUITE 1 CITY: MEMPHIS STATE: TN ZIP: 38133 BUSINESS PHONE: 9013874300 MAIL ADDRESS: STREET 1: PO BOX 341609 CITY: MEMPHIS STATE: TN ZIP: 38184-1609 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RIDDELL SPORTS INC CENTRAL INDEX KEY: 0000874786 STANDARD INDUSTRIAL CLASSIFICATION: [3949] IRS NUMBER: 222890400 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: 900 3RD AVE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128264300 MAIL ADDRESS: STREET 1: 900 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RIDDELL SPORTS INC CENTRAL INDEX KEY: 0000874786 STANDARD INDUSTRIAL CLASSIFICATION: [3949] IRS NUMBER: 222890400 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: 900 3RD AVE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128264300 MAIL ADDRESS: STREET 1: 900 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 SC 14D1/A 1 SCHEDULE 14D1-AMENDMENT NO. 1 ======================================================================== SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14D-1 AMENDMENT NO. 1 Tender Offer Statement Pursuant to Section 14(d)(1) of the Securities Exchange Act of 1934 AND SCHEDULE 13D AMENDMENT NO. 1 Under the Securities Exchange Act of 1934 _______________ Varsity Spirit Corporation (Name of Subject Company) Riddell Sports Inc. Cheer Acquisition Corp. (Bidders) _______________ Common Stock, par value $.01 per share (Title of Class of Securities) _______________ 922294 10 3 (CUSIP Number of Class of Securities) _______________ LISA MARRONI, ESQ. COPY TO: GENERAL COUNSEL SHELDON S. ADLER, ESQ. RIDDELL SPORTS INC. SKADDEN, ARPS, SLATE, MEAGHER 900 THIRD AVENUE & FLOM LLP NEW YORK, NEW YORK 10022 919 THIRD AVENUE (212) 826-4300 NEW YORK, NEW YORK 10022 (212) 735-3000 (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDER) ========================================================================= Riddell Sports Inc., a Delaware corporation ("Parent"), and Cheer Acquisition Corp., a wholly owned subsidiary of Parent and a Tennessee corporation (the "Purchaser"), hereby amend and supplement (i) their Tender Offer Statement on Schedule 14D-1 ("Schedule 14D- 1"), filed with the Securities and Exchange Commission (the "Commission") on May 12, 1997 with respect to the Purchaser's offer to purchase all outstanding shares of common stock, par value $.01 per share (the "Shares"), of Varsity Spirit Corporation, a Tennessee corporation (the "Company"), at a price of $18.90 per Share, net to the seller in cash, without interest thereon and (ii) their Statement on Schedule 13D filed with the Commission on May 12, 1997. Unless otherwise indicated herein, each capitalized term used but not defined herein shall have the meaning ascribed to such term in the Schedule 14D-1 or in the Offer to Purchase referred to therein. ITEM 10. ADDITIONAL INFORMATION. The information set forth in Item 10(f) of the Schedule 14D-1 is hereby amended and supplemented by the following information: On June 9, 1997, Parent issued a press release announcing that it has extended the Expiration Date of the Offer to 12:00 midnight, New York City time, on Monday, June 16, 1997. Parent announced that as of 12:00 midnight, New York City time, on Friday, June 6, 1997, approximately 3,249,439 Shares (or approximately 71.2% of the Shares outstanding) had been tendered in the Offer. A copy of the press release is attached hereto as Exhibit (a)(9) and is incorporated herein by reference. ITEM 11. MATERIAL TO BE FILED AS EXHIBITS. (a)(9) Press Release, dated June 9, 1997, issued by Riddell Sports Inc 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. Date: June 9, 1997 CHEER ACQUISITION CORP. By: /s/ David Groelinger Name: David Groelinger Title: Vice President 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. Date: June 9, 1997 RIDDELL SPORTS INC. By: /s/ David Groelinger Name: David Groelinger Title: Chief Financial Officer INDEX TO EXHIBITS Sequentially Exhibit Numbered Number Exhibit Page (a)(9) Press Release, dated June 9, 1997, issued by Riddell Sports Inc EX-99 2 EXHIBIT (A)(9) - PRESS RELEASE RIDDELL QUALITY SINCE 1929 RIDDELL SPORTS INC. ----------------------------------------------------------------------- 900 THIRD AVENUE, 27TH FLOOR, NEW YORK, NEW YORK, 10022 (212) 826-4300 Fax (212) 826-5006 CONTACT: DAVID GROELINGER CHIEF FINANCIAL OFFICER RIDDELL EXTENDS VARSITY OFFER NEW YORK, NY June 9, 1997 -- Riddell Sports Inc. (NASDAQ:RIDL) announced today that it has extended the expiration date of its tender offer for all of the outstanding shares of the common stock of Varsity Spirit Corporation (VARS-NASDAQ NMS) to 12:00 midnight, New York City time, on Monday, June 16, 1997. As of 12:00 midnight, New York City time, on Friday, June 6, 1997, approximately 3,249,439 shares of Varsity common stock (or approximately 71.2% of the outstanding shares) had been tendered in the offer. The offer had previously been scheduled to expire at midnight tonight. The extension, which had been contemplated by the Merger Agreement between Riddell and Varsity, will give Riddell additional time to complete the Rule 144A private placement financing which will be used to fund the purchase of Varsity shares in the offer. As previously announced, Riddell and Varsity have entered into a definitive Merger Agreement pursuant to which, among other things, Riddell has agreed to acquire all of the shares of common stock of Varsity at a price of $18.90 per share. Riddell Sports Inc. sells sporting goods products and services for football and other sports. The Company is the world's leading manufacturer and reconditioner of football helmets and shoulder pads. The Company sell its sporting goods products (including mini-and full-size helmets made for display purposes for collectors) under the Riddell and Pro-Edge brands and provides reconditioning services under the Riddell/All-American name. The Company also licenses the Riddell and MacGregor trademarks for use on athletic footwear, leisure apparel and sports equipment. Varsity is the leading supplier of cheerleader and dance team uniforms and accessories to youth, junior high, high school and college markets; Varsity is also the largest operator of cheerleading and dance team camps in the U.S. # # # -----END PRIVACY-ENHANCED MESSAGE-----