UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO/A
(RULE 14d-100)
Tender Offer Statement Pursuant to Section 14(d)(1) or 13(e)(1) of the Securities Exchange Act of 1934
(Amendment No. 12)
Jos. A. Bank Clothiers, Inc.
(Name of Subject Company)
Java Corp.
(Offeror)
The Mens Wearhouse, Inc.
(Parent of Offeror)
(Names of Filing Persons)
COMMON STOCK, $0.01 PAR VALUE
(Including the Associated Preferred Share Purchase Rights)
(Title of Class of Securities)
480838101
(CUSIP Number of Class of Securities)
Jon W. Kimmins
Chief Financial Officer
The Mens Wearhouse, Inc.
6380 Rogerdale Road
Houston, Texas 77072
(281) 776-7000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Filing Persons)
Copies to:
Steven A. Seidman
Michael A. Schwartz
Laura L. Delanoy
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, New York 10019
(212) 728-8000
CALCULATION OF FILING FEE
Transaction Valuation* |
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Amount of Filing Fee** |
$1,829,113,130.00 |
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$235,589.77 |
* Estimated for purposes of calculating the filing fee only. This amount assumes the purchase of 28,140,202 shares of common stock of Jos. A. Bank Clothiers, Inc. (JOSB) outstanding on a fully diluted basis as of the close of business on March 5, 2014. The transaction value was determined by multiplying (a) $65.00, the tender offer price, by (b) the sum of (i) 27,988,392 shares of common stock of JOSB issued and outstanding and (ii) 151,810 shares of common stock of JOSB reserved for issuance pursuant to outstanding equity awards under JOSBs stock plans (as determined based on the maximum number of shares of common stock that may be settled pursuant to the terms and conditions of outstanding awards). The foregoing figures are as of March 5, 2014, and based on a representation provided by JOSB in the Agreement and Plan of Merger, dated as of March 11, 2014.
** The amount of the filing fee is calculated in accordance with Rule 0-11 of the Securities Exchange Act of 1934, as amended, by multiplying the transaction valuation by .0001288.
x Check box if any part of the fee is offset as provided by 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: |
$207,282.03 |
Filing Party: |
The Mens Wearhouse, Inc. |
Form or Registration No.: |
Schedule TO-T (File No. 005-55471) |
Date Filed: |
January 6, 2014 |
Amount Previously Paid: |
$21,629.43 |
Filing Party: |
The Mens Wearhouse, Inc. |
Form or Registration No.: |
Schedule TO-T (File No. 005-55471) |
Date Filed: |
February 24, 2014 |
Amount Previously Paid: |
$6,678.31 |
Filing Party: |
The Mens Wearhouse, Inc. |
Form or Registration No.: |
Schedule TO-T (File No. 005-55471) |
Date Filed: |
March 20, 2014 |
o Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
Check the appropriate boxes below to designate any transactions to which the statement relates:
x third-party tender offer subject to Rule 14d-1.
o issuer tender offer subject to Rule 13e-4.
o going-private transaction subject to Rule 13e-3.
o amendment to Schedule 13D under Rule 13d-2.
Check the following box if the filing is a final amendment reporting the results of the tender offer. o
If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:
o Rule 13e-4(i) (Cross-Border Issuer Tender Offer)
o Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)
This Amendment No. 12 to Schedule TO (this Amendment) is filed by The Mens Wearhouse, Inc., a Texas corporation (MW), and Java Corp. (the Purchaser), a Delaware corporation and a wholly owned subsidiary of MW, and amends and supplements the Tender Offer Statement on Schedule TO filed with the Securities and Exchange Commission on January 6, 2014 (together with any amendments and supplements thereto, the Schedule TO) by MW and the Purchaser and relates to the offer by the Purchaser to purchase all outstanding shares of common stock, par value $0.01 per share (together with the associated preferred share purchase rights, the Shares), of Jos. A. Bank Clothiers, Inc., a Delaware corporation (JOSB), at $65.00 per Share, net to the seller in cash, without interest and less any required withholding taxes, upon the terms and subject to the conditions set forth in the Second Amended and Restated Offer to Purchase, dated March 20, 2014, and the related letter of transmittal that accompanies the Second Amended and Restated Offer to Purchase, which amend and restate the Amended and Restated Offer to Purchase dated February 24, 2014 (together with any amendments and supplements thereto, the Offer to Purchase) and the related letter of transmittal that accompanied such Amended and Restated Offer to Purchase. This Amendment is being filed on behalf of MW and the Purchaser. All capitalized terms used in this Amendment and not otherwise defined have the respective meanings ascribed to them in the Schedule TO.
The information set forth in the Offer to Purchase, including Schedule I thereto, is hereby incorporated by reference in answer to Items 1 through 9 and Item 11 of this Amendment, except as otherwise set forth below. This Amendment should be read together with the Schedule TO.
Items 1 through 11.
Items 1 through 11 are hereby amended and supplemented to include the following:
The Offer was scheduled to expire at 5:00 p.m., New York City time, on April 23, 2014. In accordance with the terms of the Merger Agreement, the Expiration Date of the Offer is extended until 5:00 p.m., New York City time, on May 7, 2014, unless further extended. As of 5:00 p.m. New York City time on April 23, 2014, approximately 22,416,856 shares of JOSB common stock (including 2,083,625 shares of JOSB common stock subject to notice of guaranteed delivery) had been validly tendered in, and not withdrawn from, the Offer.
Item 12.
Item 12 of the Schedule TO is hereby amended and supplemented to add the following exhibit:
(a)(5)(S) Press Release issued by MW on April 24, 2014, announcing the extension of the Offer.
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.
Dated: April 24, 2014
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THE MENS WEARHOUSE, INC. | |
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By: |
/s/ JON W. KIMMINS |
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Name: |
Jon W. Kimmins |
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Title: |
Executive Vice President, Chief Financial Officer, Treasurer and Principal Financial Officer |
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JAVA CORP. | |
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By: |
/s/ JON W. KIMMINS |
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Name: |
Jon W. Kimmins |
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Title: |
Executive Vice President, Treasurer and Chief Financial Officer |
Exhibit (a)(5)(S)
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FOR IMMEDIATE RELEASE
EXPIRATION DATE OF MENS WEARHOUSE TENDER OFFER EXTENDED TO MAY 7, 2014
FREMONT, Calif., April 24, 2014 The Mens Wearhouse (NYSE: MW) announced today that in accordance with the terms of its merger agreement with Jos. A. Bank Clothiers, Inc. (Nasdaq: JOSB), it has extended its all-cash tender offer for $65.00 per share for all of the currently outstanding shares of common stock (including associated stock purchase rights) of Jos. A. Bank to 5:00 p.m. New York City time on May 7, 2014, unless further extended. The tender offer was previously set to expire at 5:00 p.m. New York City time on April 23, 2014.
As of 5:00 p.m. New York City time on April 23, 2014, approximately 22,416,856 shares of Jos. A. Bank common stock (including 2,083,625 shares of Jos. A. Bank common stock subject to notice of guaranteed delivery) have been validly tendered in, and not withdrawn from the tender offer.
BofA Merrill Lynch and J.P. Morgan Securities LLC are serving as financial advisors to Mens Wearhouse, and Willkie Farr & Gallagher LLP is serving as legal advisor.
ADDITIONAL INFORMATION
On January 6, 2014, Java Corp. (Purchaser), a wholly owned subsidiary of The Mens Wearhouse, Inc., commenced a cash tender offer for all outstanding shares of common stock of Jos. A. Bank Clothiers, Inc. not already owned by Mens Wearhouse or any of its subsidiaries, subject to the terms and conditions set forth in the Second Amended and Restated Offer to Purchase dated as of March 20, 2014 (the Offer to Purchase). The purchase price to be paid upon the successful closing of the cash tender offer is $65.00 net per share in cash, without interest and less any required withholding tax, subject to the terms and conditions in the Offer to Purchase and the related letter of transmittal that accompanies the Offer to Purchase. Today, Mens Wearhouse announced that it has extended the expiration date of the tender offer to 5:00 p.m., New York City time, on May 7, 2014, unless further extended in the manner set forth in the Offer to Purchase.
This communication does not constitute an offer to buy or solicitation of an offer to sell any securities. This communication is for informational purposes only. The tender offer is not being made to, nor will tenders be accepted from, or on behalf of, holders of shares in any jurisdiction in which the making of the tender offer or the acceptance thereof would not comply with the laws of that jurisdiction. The tender offer is being made pursuant to a tender offer statement on Schedule TO (including the Offer to Purchase, a related letter of transmittal and other offer materials) filed by Mens Wearhouse and the Purchaser with the U.S. Securities and Exchange Commission (SEC) on January 6, 2014, as amended from time to time. INVESTORS AND SECURITY HOLDERS OF JOS. A. BANK ARE URGED TO READ THESE AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE TENDER OFFER. Investors and security holders can obtain free copies of these documents and other documents filed with the SEC by Mens Wearhouse through the web site maintained by the SEC at http://www.sec.gov. The Offer to Purchase, related letter of transmittal and other offering documents may also be obtained for free by contacting the Information Agent for the tender offer, MacKenzie Partners, Inc., at 212-929-5500 or toll-free at 800-322-2885.
This press release contains forward-looking information. Forward-looking statements are not guarantees of future performance and a variety of factors could cause actual results to differ materially from the anticipated or expected results expressed in or suggested by these forward-looking statements. These
forward-looking statements may be significantly impacted by various factors, including, but not limited to: actions by governmental entities, domestic and international economic activity and inflation, success, or lack thereof, in executing our internal operating plans and new store and new market expansion plans, including successful integration of acquisitions, performance issues with key suppliers, disruption in buying trends due to homeland security concerns, severe weather, foreign currency fluctuations, government export and import policies, aggressive advertising or marketing activities of competitors; and legal proceedings. Future results will also be dependent upon our ability to continue to identify and complete successful expansions and penetrations into existing and new markets and our ability to integrate such expansions with our existing operations.
These forward-looking statements are based upon managements current beliefs or expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies and third-party approvals, many of which are beyond our control. The following factors, among others, could cause actual results to differ materially from those expressed or implied in the forward-looking statements: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Agreement and Plan of Merger by and among Mens Wearhouse, Inc., Java Corp. and Jos. A. Bank Clothiers, Inc., (2) the failure to consummate the acquisition of Jos. A. Bank for reasons including that the conditions to Mens Wearhouses offer to purchase all outstanding shares of Jos. A. Banks common stock, including the condition that a minimum number of shares be tendered and not withdrawn, are not satisfied or waived by Mens Wearhouse, (3) the possibility that the expected benefits from the proposed transaction will not be realized within the anticipated time period, (4) the risk that regulatory or other approvals required for the transaction are not obtained, (5) the risks related to the costs and difficulties related to the integration of Jos. A. Banks business and operations with Mens Wearhouses business and operations, (6) the inability to obtain, or delays in obtaining, cost savings and synergies from the transaction, (7) unexpected costs, charges or expenses resulting from the transaction, (8) litigation relating to the transaction, (9) the inability to retain key personnel and (10) the possible disruption that may be caused by the transaction to the business and operations of Mens Wearhouse and its relationships with customers, employees and other third parties.
The forward-looking statements in this press release speak only as of the date hereof. Except for the ongoing obligations of Mens Wearhouse to disclose material information under the federal securities laws, Mens Wearhouse undertakes no obligation to revise or update publicly any forward-looking statement, except as required by law. Other factors that may impact the forward-looking statements are described in Mens Wearhouses annual report on Form 10-K for the fiscal year ended February 1, 2014. For additional information on Mens Wearhouse, please visit the Companys websites at www.menswearhouse.com, www.mooresclothing.com, www.kgstores.com, www.twinhill.com, www.dimensions.co.uk and www.alexandra.co.uk.
Contacts:
Ken Dennard
Dennard · Lascar Associates
(832) 594-4004
ken@dennardlascar.com
http://ir.menswearhouse.com/
Dan Katcher / Tim Lynch / Aaron Palash
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449