-----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, COnAl2ahZ0zKHotMUVRDbGRlZHa47K0VVzenxK4aJxistOY7gP4YrwX5FWnW95xv lmWaDUZC9jtXt6vc5+Locw== 0001193125-07-228512.txt : 20071030 0001193125-07-228512.hdr.sgml : 20071030 20071029184300 ACCESSION NUMBER: 0001193125-07-228512 CONFORMED SUBMISSION TYPE: SC 14D9/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20071030 DATE AS OF CHANGE: 20071029 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TEKTRONIX INC CENTRAL INDEX KEY: 0000096879 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 930343990 STATE OF INCORPORATION: OR FISCAL YEAR END: 0528 FILING VALUES: FORM TYPE: SC 14D9/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-10548 FILM NUMBER: 071197605 BUSINESS ADDRESS: STREET 1: 14200 SW KARL BRAUN DRIVE CITY: BEAVERTON STATE: OR ZIP: 97077 BUSINESS PHONE: 503-627-7111 MAIL ADDRESS: STREET 1: P O BOX 500 CITY: BEAVERTON STATE: OR ZIP: 97077-0001 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TEKTRONIX INC CENTRAL INDEX KEY: 0000096879 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 930343990 STATE OF INCORPORATION: OR FISCAL YEAR END: 0528 FILING VALUES: FORM TYPE: SC 14D9/A BUSINESS ADDRESS: STREET 1: 14200 SW KARL BRAUN DRIVE CITY: BEAVERTON STATE: OR ZIP: 97077 BUSINESS PHONE: 503-627-7111 MAIL ADDRESS: STREET 1: P O BOX 500 CITY: BEAVERTON STATE: OR ZIP: 97077-0001 SC 14D9/A 1 dsc14d9a.htm AMENDMENT NO. 2 TO SCHEDULE 14D9 Amendment No. 2 to Schedule 14D9

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 14D-9

(RULE 14d-101)

(Amendment No. 2)

SOLICITATION/RECOMMENDATION STATEMENT UNDER SECTION 14(d)(4)

OF THE SECURITIES EXCHANGE ACT OF 1934

Tektronix, Inc.

(Name of Subject Company)

Tektronix, Inc.

(Names of Person(s) Filing Statement)

Common Stock, no par value,

including the preferred share purchase rights attached thereto

(Title of Class of Securities)

879131100

(CUSIP Number of Class of Securities)

James F. Dalton

Sr. Vice President and General Counsel

Tektronix, Inc.

14200 SW Karl Braun Dr.

Beaverton, Oregon 97077

(503) 627-6700

(Name, Address, and Telephone Numbers of Person Authorized to Receive Notices and

Communications on Behalf of the Person(s) Filing Statement)

With a copy to:

Henry H. Hewitt

Margaret Hill Noto

Stoel Rives LLP

900 SW Fifth Avenue, Suite 2600

Portland, Oregon 97204-1268

(503) 224-3380

 

¨ Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

 



This Amendment No. 2 to the Schedule 14D-9 (this “Amendment”), filed with the Securities and Exchange Commission (the “SEC”) on October 29, 2007, amends and supplements the Schedule 14D-9 filed with the SEC on October 19, 2007 and as amended on October 26, 2007 (as previously filed with the SEC and as the same may be amended or supplemented from time to time, the “Schedule 14D-9”) by Tektronix, Inc., an Oregon corporation (“Tektronix” or the “Company”). The Schedule 14D-9 relates to a tender offer by Raven Acquisition Corp., an Oregon corporation and an indirect wholly owned subsidiary of Danaher Corporation, a Delaware corporation, disclosed in a Tender Offer Statement on Schedule TO, dated October 18, 2007, to purchase all of the outstanding shares of the common stock of the Company, at a purchase price of $38.00 per share, net to the seller in cash, without interest thereon and less any applicable withholding taxes, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated October 18, 2007 (as amended or supplemented from time to time) and in the related Letter of Transmittal (as amended or supplemented from time to time).

The information in the Schedule 14D-9 is incorporated in this Amendment by reference to all of the applicable items in the Schedule 14D-9, except that such information is hereby amended and supplemented to the extent specifically provided herein.

 

Item 9. Exhibits.

Item 9 of the Schedule 14D-9 is hereby amended and supplemented by adding the following exhibit:

“(a)(11) Letter to participants in the Tektronix Employee Stock Purchase Plan or Released Restricted Stock Plan distributed on October 29, 2007 .”


SIGNATURE

After due inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

TEKTRONIX, INC.
By:  

/s/ James F. Dalton

Name:   James F. Dalton
Title:   Senior Vice President,
  Corporate Development
Dated:   October 29, 2007


EXHIBIT INDEX

(a)(11) Letter to participants in the Tektronix Employee Stock Purchase Plan or Released Restricted Stock Plan distributed on October 29, 2007 .

EX-99.(A)(11) 2 dex99a11.htm LETTER TO PARTICIPANTS IN THE TEKTRONIX EMPLOYEE STOCK PURCHASE PLAN Letter to participants in the Tektronix Employee Stock Purchase Plan

Exhibit (a)(11)

RE: TEKTRONIX, INC. – Offer to Purchase for Cash – ESPP 13B – Vested Restricted 13W

Dear Plan Participant:

Raven Acquisition Corp. (the “Purchaser”), an Oregon corporation and indirect wholly owned subsidiary of Danaher Corporation (“Parent”), a Delaware corporation, is offering (the “Offer”) to purchase for cash all outstanding shares of common stock together with the associated Series B No Par Preferred Shares Purchase Rights (collectively, the “Shares”) of Tektronix, Inc. (“Tektronix”), an Oregon corporation, at a price of $38.00 per Share, net to the seller in cash, without interest thereon (such amount or any greater amount per share paid pursuant to the Offer, the “Offer Price”), upon the terms and subject to the conditions set forth in the Offer to Purchase, dated October 18, 2007 (the “Offer to Purchase”).

Following the consummation of the Offer and the satisfaction or waiver of certain conditions, the Purchaser will merge with and into Tektronix (the “Merger”), with Tektronix becoming an indirect wholly owned subsidiary of the Parent. In the Merger, each outstanding Share that is not owned by the Parent, the Purchaser, Tektronix or any of their wholly owned subsidiaries (other than Shares held by Tektronix Shareholders who perfect dissenters’ rights, if any, under the Oregon Business Corporation Act with respect to the Merger) will be converted into the right to receive the Offer Price, without interest.

The Offer is conditioned upon, among other things, (1) there being validly tendered and not properly withdrawn prior to the expiration of the Offer a number of Shares that represents at least a majority of the total outstanding Shares on a fully diluted basis (excluding any Shares issuable upon conversion of the Tektronix Convertible Notes), and (2) the expiration or termination of all applicable waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, the regulations thereunder, and any applicable material foreign statutes and regulations.

Our records indicate that you hold Shares as a Participant in the Tektronix, Inc. Employee Stock Purchase Plan and /or Released Restricted Stock Plan. If you wish to tender Shares pursuant to the Offer, you must choose one of the following options: (1) Make your Election online by logging onto www.benefitaccess.com; or (2) make your election via the Stock Plan Services Voice Response System by dialing 800-367-4777 (you must dial +1-212-615-7835 from outside the United States). You will need your Personal Identification Number (PIN) to utilize this method of election; or (3) complete the information below and return this Letter by mail to: Smith Barney, Attn: Reorg Dept. – Tektronix, Inc. Offer, P.O. Box 955, Owing Mills, MD 21117, OR if you wish to return by overnight mail or another express delivery service, the delivery address is: Smith Barney, Attn: Reorg Dept. – Tektronix, Inc. Offer. Offer, 700 Red Brook Boulevard, Owings Mills, MD 21117. Note: It is recommended that ESPP participants utilize the web, or Stock Plan Services Voice Response System when submitting a response to avoid the possibility of instructions sent via mail being delayed or lost. Participants with released restricted stock must send their instructions in by mail. Also participants wishing to make a partial tender must send instructions in by mail.

The Offer will expire at 11:59 P.M., New York City time, on Thursday, November 15, 2007, unless it is properly extended (the “Expiration Date”). Shares tendered pursuant to the Offer may be withdrawn at any time prior to the Expiration Date.

Although the Offer will expire on Thursday, November 15, 2007, in order to timely process your tender instructions, Smith Barney must receive a properly completed response from you by 5:00 P.M., New York City time, on Wednesday, November 14, 2007, unless the Expiration Date is extended. Responses received after 5:00 P.M., New York City time, on Wednesday, November 14, will be handled on a best efforts basis. Tendering Shareholders will not be obligated to pay brokerage fees or commissions to tender their Shares.

Please review this Letter and complete the information requested below if you wish to tender all of your Shares under the Offer. If you do not respond to this Letter, your Shares will not be tendered by Smith Barney. If you have any questions, kindly contact Smith Barney’s Stock Plan Services Call Center at 1-800-367-4777.

This Letter is for information purposes only. Smith Barney cannot make a recommendation as to whether a shareholder should tender or refrain from tendering Shares under the Offer. PLEASE READ THIS LETTER AND THE OFFER TO PURCHASE BEFORE MAKING AN ELECTION BELOW.

 

ESPP Shares to Tender   

 

     
Vested Restricted Stock to Tender   

 

     

PLEASE COMPLETE THE FOLLOWING SECTION:

The undersigned acknowledges that he or she has received the Offer to Purchase related to the Offer by the Purchaser to purchase all outstanding Shares of Tektronix at the Offer Price, net to the seller in cash, without interest thereon, upon the terms and subject to the conditions set forth in the Offer to Purchase. The undersigned has completed, executed and delivered this Letter of Transmittal to indicate the undersigned’s desire to tender, in accordance with the Offer, all Shares of Tektronix owned by the undersigned.

 

SOCIAL SECURITY NUMBER  

 

  
PRINT NAME   

 

  
TELEPHONE (Daytime Number): Area Code (            )             -                        
E-MAIL ADDRESS (Optional):   

 

     
SIGNATURE   

 

  
DATE   

 

  
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