-----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, GoIq/rHjPAbnbC0pUtU4qY+8jY4OKParl+g38r96++eqvMI2VlPof5ovD+wM8jlF K7MFVyQpi9Y6vGVTga6zVg== 0000912057-00-018440.txt : 20000418 0000912057-00-018440.hdr.sgml : 20000418 ACCESSION NUMBER: 0000912057-00-018440 CONFORMED SUBMISSION TYPE: DFAN14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20000417 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SIMPSON INDUSTRIES INC CENTRAL INDEX KEY: 0000090588 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 381225111 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DFAN14A SEC ACT: SEC FILE NUMBER: 000-06611 FILM NUMBER: 603373 BUSINESS ADDRESS: STREET 1: 47603 HALYARD DR CITY: PLYMOUTH STATE: MI ZIP: 48170 BUSINESS PHONE: 3132076200 MAIL ADDRESS: STREET 1: 47603 HALYARD DR CITY: PLYMOUTH STATE: MI ZIP: 48170 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MMI INVESTMENTS II-A LP CENTRAL INDEX KEY: 0001089447 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 141810589 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DFAN14A BUSINESS ADDRESS: STREET 1: C/O MMI INVESTMENTS LLC, GENERAL PARTNER STREET 2: WING RD RR 1 P O BOX 167D CITY: MILLBROOK STATE: NY ZIP: 12545 BUSINESS PHONE: 9146778383 MAIL ADDRESS: STREET 1: C/O MMI INVESTMENTS LLC, GENERAL PARTNER STREET 2: WING ROAD RR 1, BOX 167D CITY: MILLBROOK STATE: NY ZIP: 12545 DFAN14A 1 DFAN14A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (RULE 14A-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ________) 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 | | Definitive proxy statement permitted by Rule 14a-6(e)(2)) |X| Definitive additional materials | | Soliciting material under Rule 14a-12 SIMPSON INDUSTRIES, INC. ----------------------------------------------- (Name of Registrant as Specified in Its Charter) MMI INVESTMENTS II-A, L.P.; MCM MANAGEMENT, LLC; MILLBROOK CAPITAL MANAGEMENT, INC.; JOHN S. DYSON; CLAY B. LIFFLANDER; ALAN L. RIVERA; ROBERT B. KAY AND JEROME LANDE ----------------------------------------------- (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)(1) and 0-11 (1) Title of each class of securities to which transaction applies: Not Applicable --------------------------------------------------- (2) Aggregate number of securities to which transaction applies: Not Applicable --------------------------------------------------- (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) Not Applicable --------------------------------------------------- (4) Proposed maximum aggregate value of transaction: Not Applicable --------------------------------------------------- (5) Total fee paid: Not Applicable --------------------------------------------------- | | 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: Not Applicable --------------------------------------------------- (2) Form, Schedule or Registration Statement No.: Not Applicable --------------------------------------------------- (3) Filing Party: Not Applicable --------------------------------------------------- (4) Date Filed: Not Applicable --------------------------------------------------- [LOGO] IMPORTANT: YOUR LAST CHANCE TO ACT IT IS TIME FOR CHANGE AT SIMPSON...HERE'S WHy: - - Simpson's operating performance and shareholder returns are terrible. - - Simpson's prospects and strategic plan offer no hope for improvement. - - Chairman Parrott and his Board are entrenched and unable to defend their track record. - - Most importantly, Chairman Parrott has failed to give MMI, or any other shareholders, any accountable and demonstrable proof that he and his board are capable of changing these trends! SHAREHOLDERS ARE JUSTIFIABLY FRUSTRATED! - - MMI'S PROACTIVE AGENDA IS THE RIGHT ANSWER AND MMI'S DIRECTORS ARE MORE QUALIFIED THAN THE INCUMBENTS WE OPPOSE. - - ISS CONDUCTED EXTENSIVE RESEARCH, HELD HEARINGS WITH BOTH SIDES AND RECOMMENDED IN FAVOR OF MMI'S COMPLETE PLATFORM: DIRECTORS AND SHAREHOLDER VALUE PROPOSAL! WHAT MAY HAPPEN: - - MMI believes that management prefers to work secretly to pursue a sweetheart, management-led buy-out, ignoring strategic acquirers who are likely to pay a higher premium! - - Simpson management may employ corporate governance tricks. For example, the board could attempt to isolate MMI's board members from the governance of Simpson. - - MMI WILL SEEK A COMPETITIVE REVIEW OF ALL ALTERNATIVES TO INCREASE SHAREHOLDER VALUE - DIRECTORS ARE ENTITLED TO FULL DISCLOSURE OF THE COMPANY'S ACTIVITIES, DESPITE CHAIRMAN PARROTT'S INTENTIONS. IF YOU ARE UNDECIDED STILL, PLEASE SUPPORT MMI'S EFFORTS TO PROVIDE OVERSIGHT AND ACCOUNTABILITY AT SIMPSON. We need every vote to convince the other directors not to support Chairman Parrott's entrenched attempts to preserve management's interests and perks at the expense of shareholders. THE 2000 ANNUAL MEETING IS IN 24 HOURS - THIS WILL BE OUR LAST CHANCE FOR A YEAR TO IMPACT THE GOVERNANCE OF YOUR COMPANY. Shareholder returns will not improve unless we do something about it. We would welcome the opportunity to talk to any shareholder to elaborate on our platform or address any questions. Please contact us at (212) 586-4333. Thank you for your support. /s/ John S. Dyson /s/ Clay B. Lifflander /s/ Alan L. Rivera ------------------ ---------------------- ------------------ John S. Dyson Clay B. Lifflander Alan L. Rivera THERE ARE STILL TWO WAYS FOR YOU TO VOTE YOUR SHARES FOR THE MMI NOMINEES AND SHAREHOLDER VALUE PROPOSAL: 1. FOLLOW THE PERSONALIZED PROXYGRAM INSTRUCTIONS YOU MAY HAVE RECEIVED THIS PAST THURSDAY IN ORDER TO VOTE BY PHONE. 2. FILL OUT A BLUE PROXY CARD VOTING FOR THE MMI NOMINEES AND THE SHAREHOLDER VALUE PROPOSAL AND FAX IT TO D.F. KING & CO. INC., AT (212) 809-8839 AND YOUR CUSTODIAN BANK OR BROKER. IF YOU HAVE ANY QUESTIONS OR NEED A BLUE PROXY CARD OR FURTHER INSTRUCTIONS, PLEASE CONTACT JEROME LANDE OF MMI AT (212) 586-4333 OR TOM LONG OF D.F. KING AT (212) 493-6920. -----END PRIVACY-ENHANCED MESSAGE-----