-----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, WwtEsrgR4neUT9US7lJMBi+xZfaAMKzsCOtJhdyedV8bulRI+S6Xumga4NKc3hDI 5jA5usv/RzZQQx21e9RWGA== 0001047469-98-036273.txt : 19981005 0001047469-98-036273.hdr.sgml : 19981005 ACCESSION NUMBER: 0001047469-98-036273 CONFORMED SUBMISSION TYPE: SC 14D1/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19981002 SROS: NASD 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 14D1/A SEC ACT: SEC FILE NUMBER: 005-43785 FILM NUMBER: 98720044 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: MENTOR GRAPHICS CORP CENTRAL INDEX KEY: 0000701811 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 930786033 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 14D1/A BUSINESS ADDRESS: STREET 1: 8005 SW BOECKMAN RD CITY: WILSONVILLE STATE: OR ZIP: 97070 BUSINESS PHONE: 5036857000 SC 14D1/A 1 14D1/A - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------ AMENDMENT NO. 12 TO SCHEDULE 14D-1 TENDER OFFER STATEMENT (PURSUANT TO SECTION 14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934) QUICKTURN DESIGN SYSTEMS, INC. (Name of Subject Company) MENTOR GRAPHICS CORPORATION MGZ CORP. (Bidders) COMMON STOCK, PAR VALUE $.001 PER SHARE (including the Associated Rights) (Title of Class of Securities) 74838E102 (CUSIP Number of Class of Securities) ------------------------ WALDEN C. RHINES PRESIDENT AND CHIEF EXECUTIVE OFFICER MENTOR GRAPHICS CORPORATION 8005 S.W. BOECKMAN ROAD WILSONVILLE, OREGON 97070-7777 (503) 685-1200 (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications on Behalf of Bidders) COPY TO: JOHN J. HUBER, ESQ. CHRISTOPHER L. KAUFMAN, ESQ. LATHAM & WATKINS LATHAM & WATKINS 1001 PENNSYLVANIA AVENUE, N.W. 75 WILLOW ROAD WASHINGTON, DC 20004 MENLO PARK, CALIFORNIA 94025 (202) 637-2200 (650) 328-4600 - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- MGZ Corp., a Delaware corporation ("Purchaser"), and Mentor Graphics Corporation, an Oregon corporation ("Parent"), hereby amend and supplement their Tender Offer Statement on Schedule 14D-1 filed on August 12, 1998 (the "Statement"), as amended, with respect to the offer by Purchaser to purchase all outstanding shares of Common Stock, par value $.001 per share, of Quickturn Design Systems, Inc., a Delaware corporation, for a purchase price of $12.125 per share, net to the seller in cash, without interest thereon, as set forth in this Amendment No. 12. Capitalized terms used herein and not defined have the meanings ascribed to them in the Statement. ITEM 10. ADDITIONAL INFORMATION. Item 10(f) of the Statement is hereby amended and supplemented by the following: 1. On October 2, 1998, Parent issued a press release, a copy of which is attached hereto as Exhibit (a)(23) and is incorporated herein by reference. ITEM 11. MATERIAL TO BE FILED AS EXHIBITS. (a)(23) Press Release dated October 2, 1998. 2 SIGNATURES 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. Dated: October 2, 1998 MENTOR GRAPHICS CORPORATION By: /s/ Gregory K. Hinckley Name: Gregory K. Hinckley Title: Executive Vice President, Chief Operating Officer and Chief Financial Officer MGZ CORP. By: /s/ Gregory K. Hinckley Name: Gregory K. Hinckley Title: Secretary and Chief Financial Officer
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EX-99.(A)(23) 2 PRESS RELEASE MENTOR GRAPHICS SAYS QUICKTURN BOARD'S CONTINUED DELAYS ARE COSTING QUICKTURN STOCKHOLDERS MONEY WILSONVILLE, OR, OCTOBER 2, 1998 -- Mentor Graphics Corporation (Nasdaq: MENT) today said that the attempt by the Board of Directors of Quickturn Design Systems, Inc. (Nasdaq: QKTN) to set the date of the Quickturn Special Meeting for January 8, 1999, at the earliest, unreasonably delays the ability of Quickturn's stockholders to receive $12.125 per share in cash for their shares. Mentor stated its belief that Quickturn's delaying tactics--which include an amended bylaw under which Quickturn is attempting to set the Special Meeting for at least three months from now, as well as an amended poison pill that would delay the Mentor offer for at least six more months beyond that--are invalid, and are costing Quickturn stockholders money every day the Quickturn Board prevents Mentor's all-cash offer from being considered and accepted. Mentor is challenging Quickturn's bylaw amendment and poison pill amendment in Delaware state court. Mentor Graphics has previously called a Special Meeting of Quickturn stockholders for October 29, 1998, with a record date of September 10, 1998, after delivering, on September 11, 1998, Agent Designations representing 17.26% of Quickturn's outstanding shares. Citing a bylaw that Quickturn purported to adopt after Mentor's offer was launched, Quickturn conditionally set January 8, 1999 as the date for the Special Meeting. Dr. Walden C. Rhines, President and Chief Executive Officer of Mentor Graphics, said: "We believe that Quickturn's attempt to delay the Special Meeting should be held invalid, and we are challenging it in Delaware state court. If the bylaw is upheld, it would force Quickturn stockholders to wait until at least January next year just to take the actions that would allow them to replace Quickturn's Board with directors whom we expect, subject to their fiduciary duties, would support Mentor's all-cash, premium offer. Ultimately, the delays caused by Quickturn's stonewalling tactics would, if valid, prevent Quickturn stockholders from receiving the benefits of our offer until July 1999 at the earliest--nearly one year after we commenced our offer in August 1998. "Notwithstanding the current volatility of the financial markets, we are still prepared to consummate our fully financed offer as soon as possible. Given this volatility and the time value of the money that is being lost by Quickturn stockholders every day our offer is delayed, we urge stockholders to send the Quickturn Board a message by tendering their shares into our offer by October 6, 1998," Dr. Rhines said. Mentor Graphics' Offer to Purchase and ancillary documents are available on a Mentor Graphics World Wide Web site at http://www.mentorg.com/file. The Dealer Manager for the Offer is Salomon Smith Barney. The Information Agent for the Offer is MacKenzie Partners, Inc., which can be reached toll-free at 800-322-2885 or by collect call at 212-929-5500. CONTACT: Anne M. Wagner Roy Winnick/Todd Fogarty Vice President, Kekst and Company Marketing 212/521-4800 503/685-1462
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