-----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, JLP5EuE0pgL1XC6xoXCoUl73gqYbwykRx/y2SVYtLO4lKw0P6Ifk9RN3zyaZAaLX ZmFpTgCQtBHmrl6N0i1ikQ== 0000897069-99-000350.txt : 19990615 0000897069-99-000350.hdr.sgml : 19990615 ACCESSION NUMBER: 0000897069-99-000350 CONFORMED SUBMISSION TYPE: DFAN14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990611 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ALLIANCE BANCORP CENTRAL INDEX KEY: 0000885638 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 363811768 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DFAN14A SEC ACT: SEC FILE NUMBER: 000-20082 FILM NUMBER: 99645026 BUSINESS ADDRESS: STREET 1: ONE GRANT SQUARE CITY: HINSDALE STATE: IL ZIP: 60521 BUSINESS PHONE: 7083231780 MAIL ADDRESS: STREET 1: ONE GRANT SQUARE CITY: HINSDALE STATE: IL ZIP: 60522 FORMER COMPANY: FORMER CONFORMED NAME: HINSDALE FINANCIAL CORPORATION DATE OF NAME CHANGE: 19930328 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LASALLE FINANCIAL PARTNERS LP CENTRAL INDEX KEY: 0001020426 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: DFAN14A BUSINESS ADDRESS: STREET 1: 350 E MICHIGAN STREET 2: SUITE 500 CITY: KALAMAZOO STATE: MI ZIP: 49007 BUSINESS PHONE: 6163444993 MAIL ADDRESS: STREET 1: 350 E MICHIGAN STREET 2: SUITE 500 CITY: KALAMAZOO STATE: MI ZIP: 49007 FORMER COMPANY: FORMER CONFORMED NAME: LASALLE FINANCIAL PARTNRES LIMITED PARTNERSHIP DATE OF NAME CHANGE: 19970623 FORMER COMPANY: FORMER CONFORMED NAME: LASALLE/KROSS PARTNERS LP DATE OF NAME CHANGE: 19960805 DFAN14A 1 ADDITIONAL MATERIALS SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant [ ] Filed by a Party other than the Registrant [X] Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [X] Definitive Additional Materials [ ] Soliciting Material Pursuant to ss. 240.14a-11(c) or ss. 240.14a-12 ALLIANCE BANCORP (Name of Registrant as Specified in its Charter) LA SALLE FINANCIAL PARTNERS, LIMITED PARTNERSHIP AND THE COMMITTEE TO MAXIMIZE SHAREHOLDER VALUE (Name of Person(s) Filing Proxy Statement if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: LA SALLE FINANCIAL PARTNERS, L. P. and The Committee to Maximize Shareholder Value Suite 405 259 E. Michigan Avenue Kalamazoo, Michigan 49007 June 10, 1999 TO OUR FELLOW SHAREHOLDERS: The time before the Alliance Bancorp meeting grows short, and the most important issue for shareholders to focus on is very straightforward: DO YOU THINK THE ELECTION OF THE COMMITTEE'S THREE HIGHLY QUALIFIED INDEPENDENT DIRECTORS WILL HELP INCREASE THE VALUE OF YOUR INVESTMENT IN ALLIANCE BANCORP? NATIONALLY RECOGNIZED INDEPENDENT AUTHORITY RECOMMENDS A VOTE FOR THE COMMITTEE'S DIRECTOR NOMINEES You have now received many mailings about our nominees and management's. Although we believe the issues are clear, we know that it can be confusing to receive so much conflicting information. Institutional Shareholder Services (ISS), is an independent organization retained by many institutional owners and mutual funds, who collectively manage tens of billions of dollars, to help them analyze complex voting issues and determine what is in their best interest. After talking with both Alliance Bancorp's management and the Committee, ISS HAS ISSUED A WRITTEN REPORT RECOMMENDING THAT ITS CLIENTS SUPPORT THE LA SALLE NOMINEES. $3.5 MILLION OF OUR MONEY Of the many misimpressions management has tried to create in its recent letter to shareholders, we would like to particularly address their statement that the Committee nominees "have not invested one single dollar of their own funds in Alliance Bancorp common stock." IN FACT, PETER KROSS, ONE OF THE MANAGING PARTNERS OF LA SALLE, AND NOMINEE RICHARD NELSON HAVE A STAKE OF OVER $3.5 MILLION IN ALLIANCE BANCORP THROUGH LA SALLE FINANCIAL PARTNERS. And this investment in Alliance wasn't accomplished through stock option exercises or merger consideration unlike a significant portion of the Alliance shares owned by management and the board. WHAT IS THE TRUTH? Management has attacked our plans and our motives. We're not surprised at this response, given the positive reaction we've received from many shareholders. What management HASN'T done is to provide clear answers to the question that is of paramount concern: IS THE COMPANY REALLY NEGOTIATING A SALE? Crain's Chicago Business reported that Kenne Bristol confirmed that Alliance is entertaining an offer to merge or sell. Mr. Bristol denied making the statement. Later, Mr. Bristol was reported to have said "If opportunities make sense, we're not closed-minded to them. No one runs a company forever." What is Mr. Bristol really saying? Moreover, if the Company really has been consulting with "top-tier" investment banking firms in connection with possible merger and acquisition transactions, as they now claim, why hasn't the Company publicly announced this before now, just prior to the annual shareholders meeting? And why haven't they announced what investment banking firms they have retained. IS THE COMPANY REALLY SERIOUS ABOUT CONSIDERING A SALE, OR WILL THEIR OBJECTIVES CHANGE AFTER THE SHAREHOLDER MEETING AND THIS PROXY CONTEST ARE OVER? Since management seems prepared to address any topic EXCEPT the one most important to shareholders, you'll have to decide for yourself whether they are trying to create value or win votes. TIME IS SHORT Because your shares are held through a brokerage firm or bank, if you wish to support our nominees, you must do one of the following to be certain your vote is received in time for the meeting: * Mail the enclosed GREEN proxy card today, if it is before June 16th; or * If it is after June 16th, mail the GREEN Proxy AND call the person responsible for your account and ask that the firm cast your vote for the Committee's nominees on the GREEN proxy card. We hope you will support us by voting the GREEN proxy today. Thank you for your attention to this important matter. Sincerely, La Salle Financial Partners, L. P. The Committee to Maximize Shareholder Value - -------------------------------------------------------------------------------- If you have any questions, please call The Altman Group, - -------------------------------------------------------------------------------- our proxy solicitors, toll-free at 1-800-206-0007. -----END PRIVACY-ENHANCED MESSAGE-----