-----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, FUtYIHEcJS8QUKTgg27RTfKx6rnK4gHv9VoXStOiIm7mXVjxE93JzdcqLhsrLdJT 5uTSsE4qYuWbYoQjIfPjxw== 0000950172-05-002704.txt : 20050817 0000950172-05-002704.hdr.sgml : 20050817 20050817111039 ACCESSION NUMBER: 0000950172-05-002704 CONFORMED SUBMISSION TYPE: SC TO-T/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050817 DATE AS OF CHANGE: 20050817 GROUP MEMBERS: BEACON PURCHASER CORP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BEI TECHNOLOGIES INC CENTRAL INDEX KEY: 0001041866 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 943274498 STATE OF INCORPORATION: DE FISCAL YEAR END: 0927 FILING VALUES: FORM TYPE: SC TO-T/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-52411 FILM NUMBER: 051032444 BUSINESS ADDRESS: STREET 1: ONE POST ST STREET 2: STE 2500 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 4159564477 MAIL ADDRESS: STREET 1: ONE POST ST STREET 2: STE 2500 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCHNEIDER ELECTRIC SA CENTRAL INDEX KEY: 0000923734 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC TO-T/A BUSINESS ADDRESS: STREET 1: 43-45, BOULEVARD FRANKLIN ROOSEVELT STREET 2: B. P. 236 CITY: RUEIL MALMAISON CEDEX STATE: I0 ZIP: 92504 BUSINESS PHONE: 33 (0) 1 41 29 70 00 MAIL ADDRESS: STREET 1: 43-45, BOULEVARD FRANKLIN ROOSEVELT STREET 2: B. P. 236 CITY: RUEIL MALMAISON CEDEX STATE: I0 ZIP: 92504 FORMER COMPANY: FORMER CONFORMED NAME: SCHNEIDER ELECTRIC /FI DATE OF NAME CHANGE: 19940524 SC TO-T/A 1 nyc545869.txt AMENDMENT NO. 2 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________ SCHEDULE TO Tender Offer Statement under Section 14(d)(1) or 13(e)(1) of the Securities Exchange Act of 1934 (Amendment No. 2) _______________________ BEI TECHNOLOGIES, INC. (Name of Subject Company (Issuer)) SCHNEIDER ELECTRIC SA BEACON PURCHASER CORPORATION (Name of Filing Persons (Offerors)) Common Stock, par value $.001 per Share (including the associated preferred stock purchase rights) (Title of Class of Securities) 05538P104 (CUSIP Number of Class of Securities) Juan Pedro Salazar, Esq. Senior Vice President and General Counsel Schneider Electric SA 43-45, bd. Franklin Roosevelt B.P. 236 92504 Rueil Malmaison Cedex France 33 (0) 1 41 29 70 00 (Name, address and telephone number of person authorized to receive notices and communications on behalf of the filing person) Copies to: Randall Doud, Esq. Howard Japlon, Esq. Skadden, Arps, Slate, Meagher & Flom LLP Beacon Purchaser Corporation Four Times Square 1415 South Roselle Road New York, New York 10036 Palatine, Illinois 60067-7399 (212) 735-3000 (847) 397-2600 CALCULATION OF FILING FEE Transaction Valuation* Amount of Filing Fee** ---------------------- ---------------------- $532,199,402 $106,440 * Estimated for purposes of calculating the filing fee only. This calculation assumes the purchase of 14,978,324 shares of common stock of BEI Technologies, Inc. at the tender offer price of $35.00 per share of common stock. The transaction value also includes the offer price of $35.00 less $11.87, which is the average exercise price of outstanding options, multiplied by 344,058, the estimated number of options outstanding. ** The amount of the filing fee, calculated in accordance with Rule 0-11 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), equals 1/50 of 1% of the transaction value. [X] Check the 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: $106,440 Filing Party: Schneider Electric SA and Beacon Purchaser Corporation Form or Registration No. SC TO-T Date Filed: August 3, 2005 [ ] 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. [ ] issuer tender offer subject to Rule 13e-4. [ ] going-private transaction subject to Rule 13e-3. [ ] 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: ? This Amendment No. 2 (the "Amendment") amends and supplements the Tender Offer Statement on Schedule TO, as amended through the date hereof (the "Schedule TO"), filed initially with the Securities and Exchange Commission on August 3, 2005 by Beacon Purchaser Corporation, a Delaware corporation ("Purchaser"), and Schneider Electric SA, a societe anonyme organized under the laws of the Republic of France ("Parent"), relating to the third-party tender offer by the Purchaser to purchase all the issued and outstanding shares of common stock, par value $.001 per share, including the associated preferred share purchase rights, of BEI Technologies, Inc., a Delaware corporation (the "Company"), at a purchase price of $35.00 per share, net to the seller in cash, without interest thereon, upon the terms and subject to the conditions set forth in the Offer to Purchase dated August 3, 2005 and filed as Exhibit (a)(1)(A) to the Schedule TO (the "Offer to Purchase") and in the related Letter of Transmittal (which, together with the Offer to Purchase and any amendments or supplements thereto, collectively constitute the "Offer"). Capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms in the Offer to Purchase or in the Schedule TO. This Amendment is being filed on behalf of Purchaser and Parent. ITEM 11. ADDITIONAL INFORMATION. Sections (a)(2) and (a)(3) of Item 11 are hereby amended and supplemented to include the following: At 2:04 p.m., New York City time, on August 16, 2005, the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, relating to the proposed acquisition of the Company, was terminated. Section (a)(5) of Item 11 is hereby amended and supplemented to include the following: On August 5, 2005, counsel for plaintiff in the Local #231 Action, as defined and described in the Offer to Purchase, requested that the Company produce certain documents and that certain witnesses be produced for deposition on an expedited basis. The Company has produced certain documents responsive to plaintiff's counsel's requests and agreed to make certain witnesses available for deposition prior to the expiration of the Offer. 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. SCHNEIDER ELECTRIC SA By: /s/ Juan Pedro Salazar ---------------------------------- Name: Juan Pedro Salazar Title: Senior Vice President and General Counsel BEACON PURCHASER CORPORATION By: /s/ Juan Pedro Salazar ---------------------------------- Name: Juan Pedro Salazar Title: Vice President Date: August 17, 2005 -----END PRIVACY-ENHANCED MESSAGE-----